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The Washington ad hoc engineers

How policy making took place in the US facing the Great Recession of 2007-2009. A review by Robert A. Eisenbeis and Ellis Tallman of In Fed We Trust. [November 17, 2009, (c) Cumberland Advisors]
Title, editorial format and highlights by Janelanaweb.com (Published with authorization by Cumberland Advisors). An add-up to the interview with the author of In Fed We Trust.

The inside story of the Great Panic – Bernanke’s great war against Depression 3.0

“In Fed we Trust” (Crown Business, August 2009) is the first book about the stories of the ongoing crisis following the steps of its main world actor, Ben Bernanke, the FED (the US Central Bank system) chairman, just reappointed today for a second term (2010-2014) by American president Obama. An interview with the author, David Wessel, a Pulitzer Prize journalist and economics editor of The Wall Street Journal.