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Ben Bernanke
(redirected from Bernake)

   Also found in: Wikipedia 0.01 sec.
Ben Bernanke
An economist who became Chairman of the Federal Reserve in 2005. He presided over the 2000s economic crisis, supervising the bailouts and forced mergers of a number of American financial institutions. He was both lauded and criticized for favoring an expansive monetary policy, which proponents claimed kept the American economy from collapsing in the crisis, but which others argued would lead to inflation. He is considered an expert on the Great Depression.


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I hope that [Federal Reserve Chairman Ben] Bernake is right in saying we've hit the bottom and we're on the rebound.
Bernake is apparently trying to bring about lower interest rates to spur business and consumer demand.
The more public grab of power was the $700 billion goliath to rescue the casino capitalists on Wall Street which was submitted in only 3 A' pages of proposed legislation to Congress by Paulson and Ben Bernake, the Fed's chairman in September.
 
 
 
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