Comedian Ben "Jim Carrey" Bernanke will Funny us out of the Subprime Crisis!
Just kidding! But one thing he will do, as astute followers of the Senate Banking Committee saw yesterday, some twenty minutes before the end of Chris Dodd’s Special Hearing to Save Your Bank, is chuckle at his own use of obscure economic lingo!
Pre-empting an answer of his own making, regarding the need for veto-based central bank oversight of the financial system, Federal Reserve Chairman and “Your Best Friend’s Dad” Ben Bernanke began, “Well, being risk averse” before actually delving into the finer intricacies of Federal Reserve monitoring of over-the-counter derivatives and other nonsense. Ha ha ha!
