(Video) In a rare interview with a sitting Fed chairman, Ben Bernanke tells Scott Pelley what went wrong with America's financial system, how it caused the economic crisis, what the Fed is doing to help fix it and when he expects the recession to end. Full Story »
Posted by Fabrice Florin - via Columbia Journalism Review, Sasaki Toshinao (t)
Excellent 60 Minutes report on Federal Reserve chief Ben Bernanke, who provides a clear overview of the Fed's plan to restabilize the economy and financial system. This video report is factual, fair and well-researched, and includes a full profile on Bernanke, whom they say "may be the most important Fed chariman in history."
I was generally impressed by Bernanke's thoughtfulness and honesty. He describes the problem intelligently, and offers some practical solutions to address it, which seem grounded in reality and sound economic principles. I felt encouraged by this interview that we can get the economy back on track in a reasonable time frame.
chairman bernanke's explanations of how the federal reserve works and how it decided why and which companies to save makes this a very good interview.. his desire to make the system more transparent, his outrage over the behavior of failing companies, and his empathy with the rest of us was almost endearing.
I think this is okay journalism. I think the author could have gone a little more in depth and explained things better. Going to the human rights topic, it would have been nice, to know why Columbia is the nations with the worst human rights.
Examines a little know technology and organization that could contribute significantly to reduced dependence on petroleum based products.
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