Saturday, February 4, 2012

Ben Bernanke ‘Always Wrong, Never Right’

Federal Reserve Chairman Ben Bernanke testified on Capitol Hill today, defending the Fed keeping interest rates low, and calling the pace of the US recovery frustratingly slow. He also had some dire warnings about the US deficit, hinting that we should look to Greece as the example of what could happen. What do we think of the Fed Chairman's warnings? William K.Black, author of "The Best Way to Rob a Bank is to Own One" weighs in.