Tuesday, December 30, 2014 1:44:07 PM
Posted By: VW StaffPosted date: December 30, 2014 12:22:44 AMIn: Economics, VideosNo Comments
BBC guest editor Mervyn King was governor of the Bank of England when the global economic crisis hit in 2008. Across the Atlantic his opposite number was Ben Bernanke, chairman of the Federal Reserve when Lehman Brothers Holdings Inc Plan Trust (OTCMKTS:LEHMQ) went down in September of that year.
He stood down this year after 8 years and Mervyn King sat down with him in Washington to reflect.
On remaining calm during the midst of the crisis, Ben told Today: ‘if you’re ever in a car accident you’re solely focused on regaining control of the wheel and it’s only when the car stops spinning that you say oh my god that was really scary.’
First broadcast on the Today programme 29th December 2014
Audio of Ben Bernanke, Mervyn King is embedded below (good stuff)
http://www.valuewalk.com/2014/12/ben-bernanke-mervyn-king-bbc-interview-2008-crisis/
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM