On the recordFebruary 28, 2011
Yes, except in the worst economic conditions.
Source
congress.govYes, except in the worst economic conditions.
Bernanke affirms that strong banks generally survive under good management.
Share
More from Ben Bernanke
As I have said many times, I think that fiscal policy is focusing a bit too much on the short run, and not enough on the long run.
We have just finalized new capital requirements that banks have to hold against these assets for sale, these securities, which should provide protection.
Congress did not intend for the Federal regulators to discard the State risk-based capital system in favor of a banking capital regime.