Bernanke Says Fed Can't Do It All, Points To "Distrust" That Led To Lehman Panic

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Mark Melin
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Former U.S. Federal Reserve Chair Ben Bernanke could have taken the road many elites choose: remain private, don’t publicly explain your actions and stay away from controversy. Bernanke didn’t choose that path, as evidenced this morning in a CNBC interview. Instead of giving a mainstream audience general platitudes without much meat, Bernanke provided insight into some rather interesting issues for those who are open to listening to those who question a market crash some say involved questionable, if not criminal activity. Bernanke breaks down Lehman moment in compelling detail: “Distrust” led to panic While the headline coming into the morning…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.