
Bernanke: Shut down banks if they threaten system
I watched part of this on tv, wow was he nervous...
if you read the full artical, underneath its sounds like we have squeezed this lemon as much as we can,lets see who we can screw over now...
http://news.yahoo.com/s/ap/us_financial_crisis_bernankeWASHINGTON – Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system.
"If the crisis has a single lesson, it is that the too-big-to-fail problem must be solved," Bernanke said Thursday while testifying before the Financial Crisis Inquiry Commission