Bernanke is ranked world's best at handling financial crisis?

T

turkeyneck

July 22 (Bloomberg) -- Global investors give Federal Reserve Chairman Ben S. Bernanke top marks for combating the worst financial crisis since the Great Depression and overwhelmingly favor his reappointment amid optimism that the world economy is on the mend.

Sixty-one percent of investors surveyed in the first Quarterly Bloomberg Global Poll say the world economy is stable or improving and almost 75 percent take a favorable view of the 55-year-old chairman. By almost a three-to-one margin, they say Bernanke has earned another four-year term when his current one expires in January.

http://www.bloomberg.com/apps/news?pid=20601087&sid=ayUz0vNR2XGc
 
Remember Greenspan was "the Maestro".
There is a big problem with central bankers there should be no chairman, they should act and speak as a committee and not be as much in the spotlight. They should be replaced more frequently, shorter term and 2 term limit. And then they should have no growth mandate or less so , mostly a mandate to safeguard the currency.

Greenspan got the big head he was the maestro and didn't want to leave with a deep recession , that had to be prevented at all cost, otherwise maestro no more. We can see the result of the idolization of Greenspan by the media, the guy had an ego too big to fail.
 
Quote from turkeyneck:

July 22 (Bloomberg) -- Global investors give Federal Reserve Chairman Ben S. Bernanke top marks for combating the worst financial crisis since the Great Depression and overwhelmingly favor his reappointment amid optimism that the world economy is on the mend.

Sixty-one percent of investors surveyed in the first Quarterly Bloomberg Global Poll say the world economy is stable or improving and almost 75 percent take a favorable view of the 55-year-old chairman. By almost a three-to-one margin, they say Bernanke has earned another four-year term when his current one expires in January.

http://www.bloomberg.com/apps/news?pid=20601087&sid=ayUz0vNR2XGc
More...
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There is the political world....

There is the media world....

There is the academia world....

And there is the "Real World"....

No question where this nonsense came from....
 
Quote from turkeyneck:

July 22 (Bloomberg) -- Global investors give Federal Reserve Chairman Ben S. Bernanke top marks for combating the worst financial crisis since the Great Depression and overwhelmingly favor his reappointment amid optimism that the world economy is on the mend.

Sixty-one percent of investors surveyed in the first Quarterly Bloomberg Global Poll say the world economy is stable or improving and almost 75 percent take a favorable view of the 55-year-old chairman. By almost a three-to-one margin, they say Bernanke has earned another four-year term when his current one expires in January.

http://www.bloomberg.com/apps/news?pid=20601087&sid=ayUz0vNR2XGc
More...

If that is true, and I doubt it, we are in worse shape that any of us imagined.
 
Quote from libertad:

............................................................................................

There is the political world....

There is the media world....

There is the academia world....

And there is the "Real World"....

No question where this nonsense came from....
More...

Well Stated!
 
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