Ben Bernanke actually said...

Fed Chairman Ben Bernanke today cautioning that more bailouts of banks and financial firms will likely be needed to fix the economy.

Ben Bernanke warns about the need for more bank bailouts to address economic issues.

01/12/2009

More Ben Bernanke Quotes

The belief by market participants that some firms may be too big to fail has many undesirable effects.

I thank you for the opportunity to appear before you today.

I think there is an appropriate division of labor: Congress and the administration, fiscal policy; Federal Reserve, monetary policy.

Some of the steps we have taken, like the AIG episode, for example, obviously have hurt the Fed a lot politically.