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Bernanke: Shut down banks if they threaten system

 
clear_eyes
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09/02/2010 10:32 AM
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Bernanke: Shut down banks if they threaten system
[link to news.yahoo.com]

WASHINGTON – Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system.

"If the crisis has a single lesson, it is that the too-big-to-fail problem must be solved," Bernanke said Thursday while testifying before the Financial Crisis Inquiry Commission.

Bernanke is presenting his analysis of the crisis and views on potential systemwide risks as the panel approaches the end of its yearlong investigation into the Wall Street meltdown....


more at link [link to news.yahoo.com]
aVian

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09/02/2010 10:33 AM
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Re: Bernanke: Shut down banks if they threaten system
bump
"When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it."
- Frédéric Bastiat

food, water, ammo, weapons, battery back up solar, hand well pump, wood stove and 1 year of food...oh yeah PM's too...good luck
Anonymous Coward
User ID: 1087095
United States
09/02/2010 10:35 AM
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Re: Bernanke: Shut down banks if they threaten system
Now he tells us. What happened to the trillion Bammy gave them?
Rivierafrank

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09/02/2010 10:36 AM
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Re: Bernanke: Shut down banks if they threaten system
Bernanke:

-Political influence by financial actors is a problem.
clear_eyes (OP)

User ID: 1020806
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09/02/2010 10:37 AM
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Re: Bernanke: Shut down banks if they threaten system
Now he tells us. What happened to the trillion Bammy gave them?
 Quoting: Anonymous Coward 1087095

yeah, and what is with the change of tune all of a sudden? now we CANT keep too bigs afloat?

sounds like theyre setting it up for the "let down"
Psych

User ID: 903456
Netherlands
09/02/2010 10:41 AM
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Re: Bernanke: Shut down banks if they threaten system
Is he suggesting you should shut down the Fed? chuckle
FreedomSheep

User ID: 1087042
France
09/02/2010 10:42 AM
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Re: Bernanke: Shut down banks if they threaten system
Muhahaha yeah right, except JP Morgan, Goldman Sach and pals, how to suggest a complete take over of the US banking system and even global, Bernie is a pretty good con man.
clear_eyes (OP)

User ID: 1020806
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09/02/2010 10:43 AM
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Re: Bernanke: Shut down banks if they threaten system
Is he suggesting you should shut down the Fed? chuckle
 Quoting: Psych

im sure he is :)
Anonymous Coward
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09/02/2010 10:43 AM
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Re: Bernanke: Shut down banks if they threaten system
he looks like someones perverted old uncle
Anonymous Coward
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09/02/2010 12:02 PM
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Re: Bernanke: Shut down banks if they threaten system
he looks like someones perverted old uncle
 Quoting: Anonymous Coward 1086924


How much for the little girl...

[link to www.youtube.com]
Anonymous Coward
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09/02/2010 12:03 PM
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Re: Bernanke: Shut down banks if they threaten system
Shut down the Fed. They caused the Geat Depression.
Anonymous Coward
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09/02/2010 12:19 PM
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Re: Bernanke: Shut down banks if they threaten system
bump
Fantasia II
Koo Koo Ka Choo

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09/02/2010 12:27 PM

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Re: Bernanke: Shut down banks if they threaten system
Bummmp
George Orwell was right..Black is White, Up is Down, War is Peace...

"Never believe anything until it has been officially denied."

Yesterday is history.......Tomorrow a mystery.......Today is a gift......thats why we call it the Present!!!
Anonymous Coward
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09/02/2010 12:28 PM
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Re: Bernanke: Shut down banks if they threaten system
Titanic is too big to fail hiding
Anonymous Coward
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09/02/2010 12:33 PM
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Re: Bernanke: Shut down banks if they threaten system
"the system"
Anonymous Coward
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09/02/2010 12:37 PM
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Re: Bernanke: Shut down banks if they threaten system
Okay then do it. I love playing poker
2012Portal
2012Portal - The Mayan Calendar

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09/02/2010 12:43 PM

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Re: Bernanke: Shut down banks if they threaten system
Conditioning us for the next bailout.
Mayan Calendar and 2012-
From the love of power to the power of Love -
[link to 2012portal.myfeedportal.com]
Anonymous Coward
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09/02/2010 12:44 PM
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Re: Bernanke: Shut down banks if they threaten system
We'll they know what is coming, so they are warning ahead of time in their own way.
Anonymous Coward
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09/02/2010 12:45 PM
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Re: Bernanke: Shut down banks if they threaten system
Is he suggesting you should shut down the Fed? chuckle
 Quoting: Psych

Rofl....yep it is the largest of the to big to fail lol
clear_eyes (OP)

User ID: 1020806
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09/02/2010 01:14 PM
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Re: Bernanke: Shut down banks if they threaten system
Conditioning us for the next bailout.
 Quoting: 2012Portal

ding ding ding. we have a winner. that is EXACTLY what is going on.

plus, they are setting up for devaluation.


hope everyone has some fucking rice sitting around :)
Anonymous Coward
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09/02/2010 03:33 PM
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Re: Bernanke: Shut down banks if they threaten system
"Bernanke led the economy through the financial crisis and the worst recession since the 1930s."

Admitting to something that everyone has known all along finally
Anonymous Coward
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09/02/2010 03:40 PM
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Re: Bernanke: Shut down banks if they threaten system
"Bernanke led the economy through the financial crisis and the worst recession since the 1930s."

Admitting to something that everyone has known all along finally
 Quoting: Anonymous Coward 960166


lol He didn't do crap, the economy is getting worse by the week.

Welcome to LALALaND
Anonymous Coward
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09/02/2010 07:25 PM
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Re: Bernanke: Shut down banks if they threaten system
Conditioning for the REAL implosion.
Anonymous Coward
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09/03/2010 10:41 AM
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Re: Bernanke: Shut down banks if they threaten system
hiding

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