Rogers: Better to Let Financials Fail

Monday, 2 Mar 2009 | 11:40 PM ET

The U.S. bailing out troubled financials is not going to remove systemic risk. In fact, it is making the problem worse, says Jim Rogers, author, adventure capitalist & international investor. He tells CNBC's Martin Soong & Sri Jegarajah why it is better to let financials fail.