Bernanke--Skeel

In announcing Ben Bernanke’s nomination to another term as Federal Reserve chair, President Obama said he "approached a financial system on the verge of collapse with calm and wisdom." This seems a fair characterization of Bernanke’s personal demeanor, but an odd description of...

Posted by David Skeel on August 26, 2009 2:30 PM

More on Subprime: Bernanke and Bankruptcy--Skeel

Fed Chairman Ben Bernanke has now called on banks to forgive portions of the principal owed by struggling subprime borrowers, which suggests that a major intervention may be coming. As between jawboning (the Republican inclination) and a bailout (the...

Posted by David Skeel on March 6, 2008 8:17 AM