Bernanke and Geither are currently testifying before Congress on the 'lessons learned' from the European Financial Crisis. Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke go before the House Oversight and Government Reform Committee Wednesday to discuss lessons learned from Europe’s sovereign debt crisis.The European Union has been struggling with a crisis over the huge debts faced by its weakest economies which were also the most battered by the global recession, a consequence of the global financial crisis 2008. In a hearing titled, “Europe’s Sovereign Debt Crisis: Causes, Consequences for the United States and Lessons Learned,” both financial chiefs will share their personal experiences.For some enjoyable satire, watch their testimony LIVE
