On the recordJanuary 12, 2009
Fed Chairman Ben Bernanke today cautioning that more bailouts of banks and financial firms will likely be needed to fix the economy.
Source
transcripts.cnn.comEditor's note · Context
Ben Bernanke warns about the need for more bank bailouts to address economic issues.
Share
More from Ben Bernanke
Nov 27, 2017
Large deficits in debt over a long period of time raise interest rates above levels where they normally would be and crowd out private investment and are bad for growth and productivity.
Jul 17, 2013
We are working hard with our colleagues to put the Volcker rule into place, and that will restrict proprietary trading.
Jul 16, 2013
It is also important, of course, for community banks to be well-capitalized so that they can continue to lend during difficult periods.
Other voices in this conversation
