Ben Bernanke actually said...

We have already seen the stresses we saw in September. In September, we saw AIG and Lehman and other financial firms under great pressure.

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

You do not create a market by Government action or Government regulation.

we want to keep the option open to buy Treasury securities if we think that is the best way to improve the functioning or reduce interest ra...