Quotes from Ben S. Bernanke

Hank wanted to be sure that we had thought through every possibility.

Helping those hurt by change, and ensuring that its benefits are more widely shared, is the right thing to do;

Eventually I was entrusted to work the cash register.

And I knew that if we began holding regular news conferences, there would be no going back.

but always the prevailing trend was down.

I knew perfectly well what it was about.

If they resisted, what damage could a period of legal uncertainty do?

the new administration was leaning toward moving consumer protection duties outside the Fed

so their views will have to be taken into account. Moreover,

And, it helped that Anna was as warm and outgoing as I was shy and inward looking.

I asked for daily reports on developments at major financial firms and,

The spillover effects of a takeover were also hard to anticipate.

and special interests, such as the banking and housing lobbies, have routinely blocked attempts to rationalize and improve the existing system.

but with limited data their answers involved a lot of guesswork.

The deepening slump was evident not only in government statistics but also in what we were hearing from business and community leaders around the country.

fiction. As I grew older I read more widely.

I was ambivalent about the proposal for a new consumer protection regulator.

the new president will push for action on many fronts.

I never read the business pages of the newspaper; I couldn't relate to the stories.

each regulator was aware of only part of the problem, and some parts were not examined at all.

Planning continued through the week,

Capital injections would strengthen banks directly, by increasing the buffer available to absorb losses. In contrast, purchases of troubled assets would strengthen banks indirectly

a pattern that is likely to continue.

I had many teachers whom I remember gratefully. In