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

[Michael Perelman <michael@xxxxxxxxxxxxxxxxx>]

I always admired Bernanke, the economist. I would have thought that he [at 
least before he associated himself with GWB] would have been an ideal Fed 
chair at a time like this. Has he stood up to any of the big banks yet?

On Mon, Jun 08, 2009 at 12:52:12PM -0700, raghu wrote:
> 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?
> _______________________________________________
> pen-l mailing list
> pen-l@xxxxxxxxxxxxxxxxxx
> https://lists.csuchico.edu/mailman/listinfo/pen-l

-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
_______________________________________________
pen-l mailing list
pen-l@xxxxxxxxxxxxxxxxxx
https://lists.csuchico.edu/mailman/listinfo/pen-l