“Anybody But Summers”: Reflections on Bernanke and Possible Replacement

August 24, 2009 9:15am by Barry Ritholtz

Excerpt:

While initially slow to respond to the crisis and arguably a contributor to its rise as Fed governor, Bernanke nonetheless deserves credit for avoiding total disaster and thus another term as Fed chairman, says Barry Ritholtz, CEO of FusionIQ and author of Bailout Nation. Bernanke has “done a much better job than Alan Greenspan,” he says, if only because Bernanke listens to other voices whereas Greenspan famously ignored warnings from (among others) former Fed Governor Ed Gramlich about problems in subprime lending in the mid-2000s.

Source:“Anybody But Summers”: Reflections on Bernanke and Possible Replacement
Aaron Task
Yahoo TechTicker, Aug 21, 2009 11:30am EDT
http://finance.yahoo.com/tech-ticker/article/309095/”Anybody-But-Summers”-Reflections-on-Bernanke-and-Possible-Replacements

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