Take that to the Bernanke…

The Obama administration will be tapping Ben Bernanke for a second term as the head of the federal reserve. Which is good news. It’s been very difficult for me to find anything negative written about the way Bernanke has handled the financial crisis (in fact, most statements I’ve read end with the suggestion of building a statue to the man). That said, there Fed had drawn criticism for its apparent obliviousness to the financial crisis before it became a crisis.

That said, the Bernanke deal is probably a good one.

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