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Mark Caffee's  Instablog

Mark Caffee is the president of Mainstay Financial, a non-profit investment company. Previously, he has operated a broker/dealer servicing property and casualty independent agents. Mark's career in the financial services industry started with Merrill Lynch in 1993. Mark graduated from the... More
  • Does Ben Bernanke deserve re-appointment? Short Answer...No!
     
     

    It is widely popular to assume that the crisis, as severe as it is to this point(20 trillion dollars of wealth destruction), would have been significantly worse without Chairman Bernanke's skillful, calming, and transparent aura. I'm bewildered how we can so easily assume the crisis would have been worse without 'Gentle Ben', but did Mr. Bernanke signal any type of warning declaring impending financial meltdown before we hit the infamous credit iceberg? No he did not! He like every political pundit stood back aghast at the horror of it all. If I don't burn down your house, will you make me fire marshal? Seriously, it's time we go in a new direction.

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    Jul 28 04:49 pm | Link | 1 Comment
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