Ben Bernanke said...

They did not have the capacity to deal with a global insurance company whose failure would have devastated the financial system.

Bernanke explains the limitations of the New York State Insurance Commissioner.

03/02/2009

More Ben Bernanke Quotes

Privatization would solve several problems associated with the current GSE model. It would eliminate the conflict betwee...

A default by the U.S. Government would be extremely disruptive.

Yes, my suggestion to Congress is to consider possibilities that involve somewhat less restraint in the near term and mo...

monetary policy is not a panacea, so there is still plenty of room for Congress to address some of these problems