More from Bernanke's FAQs: A fundamental crisis cause was firms (and regulators)...


More from Bernanke's FAQs: A fundamental crisis cause was firms (and regulators) underappreciating risk; we can better avoid future crises with some unsparing self-assessments for regulators, and tougher regulations. Stress tests provided lessons learned on systemic risk. Congress should create a new resolution regime for giant firms, and a systemic oversight council.
Comments (3)
  • MarketGuy
    , contributor
    Comments (3983) | Send Message
     
    Translation: "I just laid out a convoluted yet perfectly executed verbal double-speak which, in turn, distracted you all from the important issue of the Fed needing to be abolished."
    7 Dec 2009, 01:07 PM Reply Like
  • Tom Au, CFA
    , contributor
    Comments (6879) | Send Message
     
    No kidding! But "fools dared to go where angels feared to tread."
    7 Dec 2009, 01:18 PM Reply Like
  • nightfly
    , contributor
    Comments (1015) | Send Message
     
    Hasn't Ben proved time and time again that he knows nothing. Do we have to review the various videos of him saying "crises contained within subprime..." etc.? Jeez.
    7 Dec 2009, 01:25 PM Reply Like
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