Ben Bernanke actually said...

We are going to be very tough on them to make sure... they take whatever drastic steps are necessary to restore themselves to profitability.

Bernanke emphasizes the need for banks to improve profitability.

02/23/2009

More Ben Bernanke Quotes

I am pleased to present the Federal Reserve's Semiannual Monetary Policy Report to the Congress.

It sounds like the conclusion of your argument is that taxes should be zero and I would not argue that.

I do not agree with the view that this is likely to lead to another crisis.

The Dodd-Frank Act addresses critical gaps and weaknesses in the U.S. regulatory framework.