Could Have Been Worse
Or that’s what Bernanke claims, but for his valiant efforts.
So, let’s see: the man who abetted Greenspan’s loose policies, who didn’t see the biggest bubble since the Depression, who vacillated between saving one Wall Street giant as opposed to another, now says he sees beginnings of recovery due to his actions. Sure. Could have been worse. Goldman Sachs might have lost money.
