Bernanke defends crisis actions, upbeat on growth

WASHINGTON (MarketWatch) -- Federal Reserve Board Chairman Ben Bernanke said global regulators acted swiftly in the wake of last September's financial crisis and succeeded in bringing the global economy back from the brink of collapse. There is no longer widespread fear of a financial collapse and economic activity is leveling out, he said. However, the recovery is likely to be slow, he said. Bernanke's remarks, given to a forum at the Brookings Institution, a liberal think-tank, were the same as remarks he gave in August at the Fed's annual retreat in Jackson Hole, Wyo. On the one-year anniversary of the collapse of Lehman Brothers, Bernanke defended the government's decision to remain on the sidelines and not rescue the investment firm.


"Do you believe this guy?"  Pls read the book called "Secret of the Temple"
 
Don't trust him :)