Tuesday, Dec. 16, 2008

Ben Bernanke

Pro: Expanded the Fed's power and opened up lending windows for struggling financial institutions, which stabilized a jittery market. By studying the lessons of the Great Depression — don't let the banks fail — he might have prevented another one.

Con: Should have seen the mortgage crisis coming. By rescuing Bear Stearns while letting Lehman Brothers fail, created ill-timed market confusion.

Poll Results