Quotes About Bernanke

Would routine exams of holding company subsidiaries by the Fed, as Ned had proposed, have made a difference? Probably yes, although the difference might not have been large,

In an email, he recapped a particularly gloomy presentation by Martin

Legally, the decision had to be Bank of America's.

raising people's inflation expectations substantially, using only talk, is easier in theory than in practice.

bottom-up style of forecasting. He

Don, far from an optimist himself, thought that Feldstein's outlook was too dark.

securities at a time when many investors were shying away from them.

In truth, she had far more experience in Fed policymaking than I had had on taking office.

In buying Treasury securities, our ultimate goal was to precipitate a broad reduction in the cost of credit.†

It was hard to ignore that kind of talk, and I worried that people would be misled by the absurd claims and charges

I told the other central bankers I appreciated their support. It was more than lip service. Each

Did the government make a conscious decision to let Lehman fail, and, if so, why did it go on to save AIG?

Lloyd was obviously very bright, and I found his insights into market developments particularly useful.

interest. It looked like negotiations would wrap up over the weekend.

Ultimately, its program looked similar to ours, both in its emphasis on government bond purchases and in its size relative to the economy.

However, without government funding, its scope was necessarily limited. The

Hank's statements were to some extent beside the point,

Although I still had lingering doubts, I agreed not to oppose a temporary ban.

and he excelled at the diplomacy required of him by Europe's crisis.

But Sheila came very close to characterizing anyone not fully in support of her plan as an opponent of foreclosure relief in general.

But testifying was easier than saying no to Barney.

He was highly respected in Europe and around the world.

I feared at the time that avoiding the firm's failure might only delay the inevitable. Today

During our conversation, I was surprised to learn of his affinity for Wagnerian opera.