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Politics
: PR WatchBernanke: Wrong Speech, Wrong Nominee
By Mary Bottari
Ben Bernanke, chairman of the Federal Reserve, gave a speech this week that made headlines and raised eyebrows: ?Lax Oversight Caused the Crisis, Bernanke Says.? Finally, many thought, the Fed Chairman would fess up to his role in the crisis! Alas, 98 percent of the speech is dedicated to justifying what the Fed did right over the last decade, and the ?lax oversight? apparently had more to do with other agencies charged with regulating mortgages and underwriting practices, not his own.
Full post as published by PR Watch on January 06, 2010 (boomark / email).
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