Ball point pen on the morning newsprint

Many believe the Federal Reserve contributed to the housing bubble by keeping interest rates too low for too long following the 2001 recession. Yesterday, Ben Bernanke pointed a finger at regulators, not interest rates as the guilty party responsible for reckless lending, the housing bubble and subsequent financial meltdown. The Fed now seeks greater regulatory authority.

  1. January 5, 2010 -

    another good one!