Danger - Ben and Henry at work

Danger - Ben and Henry at work
One thing is clear. United States Fed chairman Ben Bernanke and Treasury Secretary Henry Paulson have failed to cope with the financial crisis that broke out in August 2007. They have prevented orderly adjustments from bursting speculative bubbles and refused to foster long-term banking stability. Their bailout plan was inequitable, morally unacceptable, in total contradiction to sound banking principles, dangerously inflationary and potentially highly disruptive for the long-term health of the US economy. - Hossein Askari and Noureddine Krichene (Sep 30, '08)
http://www.atimes.com/atimes/Global_Economy/JJ01Dj05.html