Former U.S. Federal Reserve Chair Ben Bernanke could have taken the road many elites choose: remain private, don’t publicly explain your actions and stay away from controversy. Bernanke didn’t choose that path, as evidenced this morning in a CNBC interview. Instead of giving a mainstream audience general platitudes without much meat, Bernanke provided insight into some rather interesting issues for those who are open to listening to those who question a market crash some say involved questionable, if not criminal activity. Bernanke breaks down Lehman moment in compelling detail: “Distrust” led to panic While the headline coming into the morning…
Bernanke Says Fed Can't Do It All, Points To "Distrust" That Led To Lehman Panic
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.