Posted on 22/01/08
For Bernanke, big stakes and great expectations
NEW YORK, TORONTO -- Years from now, when economists and academics debate the legacy of Ben Bernanke, they may very well measure him against what he does - or doesn't do - today.Mr. Bernanke, the mild-mannered U.S. Federal Reserve chairman, is now staring into the maw of one of the most calamitous financial crises in recent memory. Even his predecessor, the legendary Alan Greenspan, has admitted he never had to face a problem of such magnitude - or complexity - in his two decades on the job.
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