Ben Bernanke actually said...

I am very angry about the situation. I am sorry that there were these gaps in regulation and in the financial resolution regime.

Bernanke expresses anger over regulatory gaps in the financial system.

03/02/2009

More Ben Bernanke Quotes

I think they view this whole situation... as being a political issue and not an economic issue.

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I think it would be a calamitous outcome. It would create a very severe financial shock that would have effects not only to the U.S. economy...

I would urge Congress to take every step possible to avoid defaulting on the debt or creating even any significant probability of defaulting...