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and the entire planet is better for it. any idea how much worse things would have gotten if regulators (bernanke, paulson) hadn't drawn a line in the sand some
by lintiness 10y ago
and the entire planet is better for it. any idea how much worse things would have gotten if regulators (bernanke, paulson) hadn't drawn a line in the sand somewhere? those guys are heroes; they go down as the best treasury secretary and fed chair in history.
- maxxxxx 10y agoThe guys that didn't see the financial crisis right in front of them?
- adventured 10y agoFar worse than that: Bernanke publicly proclaimed over and over for years that there was nothing to worry about. Almost right up to the point of collapse, he was saying that the risk of a bad recession or large housing implosion were very low.