The Los Angeles Times’ Bill Sing weighs in on the admission by Federal Reserve Board chairman Ben Bernanke erred in talking to CNBC’s Maria Bartiromo in an off-the-cuff remark, which then caused the markets to drop when Bartiromo reported what he said. Sing notes that Bernanke is not the only Fed chairman to make such a mistake of talking openly in the media.
Greenspan never granted another television interview on the economy during his 19-year term that ended in January — not even to his wife, NBC News reporter Andrea Mitchell.”
Some nice context that has been missing from the discussion. Read more here.
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