Controversies As Federal Reserve Chairman
Bernanke has been subjected to criticism concerning the late-2000s financial crisis. According to The New York Times, Bernanke "has been attacked for failing to foresee the financial crisis, for bailing out Wall Street, and, most recently, for injecting an additional $600 billion into the banking system to give the slow recovery a boost."
Read more about this topic: Ben Bernanke
Famous quotes containing the words federal, reserve and/or chairman:
“Newsmen believe that news is a tacitly acknowledged fourth branch of the federal system. This is why most news about government sounds as if it were federally mandated—serious, bulky and blandly worthwhile, like a high-fiber diet set in type.”
—P.J. (Patrick Jake)
“We must reserve a back shop all our own, entirely free, in which to establish our real liberty and our principal retreat and solitude.”
—Michel de Montaigne (1533–1592)
“You know, when these New Negroes have their convention—that is going to be the chairman of the Committee on Unending Agitation. Race, race, race!... Damn, even the N double A C P takes a holiday sometimes!”
—Lorraine Hansberry (1930–1965)