Written by Jim the Realtor

October 5, 2015

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Now that he is has left the Fed and has written his book, Bernanke says more individuals should have gone to prison:

http://www.usatoday.com/story/news/politics/2015/10/04/ben-bernanke-execs-jail-great-recession-federal-reserve/72959402/

With publication of his memoir, The Courage to Act, on Tuesday by W.W. Norton & Co., Bernanke has some thoughts about what went right and what went wrong. For one thing, he says that more corporate executives should have gone to jail for their misdeeds. The Justice Department and other law-enforcement agencies focused on indicting or threatening to indict financial firms, he notes, “but it would have been my preference to have more investigation of individual action, since obviously everything what went wrong or was illegal was done by some individual, not by an abstract firm.”

2 Comments

  1. shadash

    This guy is a fraud and a joke. What’s up Bernanke got a guilty conscience now that you’re actions are 100% clear in the rear view mirror? Why even publish this garbage now? Just take the money and run. Don’t try to be the good guy now that the games over. We all know who and what you are. Instead of trying to rewrite history just accept that you are a banking stooge and be proud of it.

  2. Jim the Realtor

    The statue of limitations must have run out.

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