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Bernanke Blames Weak Regulation for Financial Crisis [NYTimes]

Sunday, January 3, 2010 - 2:14 PM
NY Times article reports that Bernanke has no regrets about keeping rates low for too long during creation of the housing bubble:
Stronger regulation and supervision aimed at problems with underwriting practices and lenders’ risk management would have been a more effective and surgical approach to constraining the housing bubble than a general increase in interest rates
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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