Re: [Pen-l] Larry is still at it

To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: Re: [Pen-l] Larry is still at it
From: raghu <mraghu01@xxxxxxxxx>
Date: Mon, 8 Jun 2009 12:52:12 -0700
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On Mon, Jun 8, 2009 at 9:50 AM, Jim Devine<jdevine03@xxxxxxxxx> wrote:
> But Mr. Bernanke’s aggressive response to the crisis has so improved
> his reputation

Why? The guy was a bubble denier until early 2007, proclaimed that the
banking sector was well-capitalized until mid-2007, then claimed there
was a subprime-only problem until late 2007. Since then he has turned
the Fed into a enormous hedge fund and refused to provide details
about its bailouts etc.

Just how much does a Fed chairman have to screw up in order to get a
less than good reputation?
-raghu.

--
Q: How do you keep a moron in suspense?
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Follow-Ups:
- Re: [Pen-l] Larry is still at it
  - From: Michael Perelman

References:
- [Pen-l] Larry is still at it
  - From: Jim Devine

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Thread context:
- [Pen-l] Obama and the Iranian elections, Louis Proyect Mon 08 Jun 2009, 17:55 GMT
  - Re: [Pen-l] Obama and the Iranian elections, ravi Mon 08 Jun 2009, 18:10 GMT
    - Re: [Pen-l] Obama and the Iranian elections, Louis Proyect Mon 08 Jun 2009, 18:14 GMT
- [Pen-l] Larry is still at it, Jim Devine Mon 08 Jun 2009, 16:19 GMT
  - Re: [Pen-l] Larry is still at it, raghu Mon 08 Jun 2009, 19:19 GMT
    - Re: [Pen-l] Larry is still at it, Michael Perelman Mon 08 Jun 2009, 19:49 GMT
      
      Re: [Pen-l] Larry is still at it, Jim Devine Mon 08 Jun 2009, 20:02 GMT
      
      Re: [Pen-l] Larry is still at it, raghu Mon 08 Jun 2009, 20:09 GMT
      
      Re: [Pen-l] Larry is still at it, Michael Perelman Tue 09 Jun 2009, 00:20 GMT

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