+Economy & Policy | 1779 days ago

Is Ben Bernanke saying not to expect a bailout this time around? Maybe

By Justin Fox

Now I’m never going to be known as a Fed watcher (and I’m very glad of that), but I happen to have Ben Bernanke’s testimony before the Joint Economic Committee on the TV at the moment, and I here’s my on-the-spot interpretation of what he’s saying: Unless things get really, seriously horrific on the housing [...]