The Federal Reserve has taken extraordinary emergency measures in response to the current financial turmoil. Paul Volcker, former Fed chairman and one of the most respected figures on the economy, discusses the collapse of Bear Stearns and the role the central bank has played:
Paul Volcker, former chairman of the U.S. Federal Reserve Bank, examines the state of the economy and offers some advice to President Obama.
In part 2 of a conversation with Paul Volcker, the federal reserve chairman talks about the fiscal health of the government and its tax policies.In part 2 of a conversation with Paul Volcker, the former Federal Reserve chairman talks about the fiscal health of the government and its tax policies
PAUL VOLCKER, PT. 2
