The Big Picture asks the Big Questions of Paulson, Bernanke
Financial blogger Barry Ritzholtz of The Big Picture has some questions for Treasury Secretary Hank Paulson and Federal Reserve Chairman Ben Bernanke ahead of their appearance on Capitol Hill on Tuesday, starting with a biggie:
You two gentlemen have been wrong about the Housing crisis, missed the leverage problem, and understated the derivative issue. Recall the overuse of the word “Contained.” Indeed, you two have been wrong about nearly everything financially related since this crisis began years ago. Question: Why should we trust your judgment on the largest bailout in American history?
There are 13 more in that vein, plus a “bonus comedy question” — or at least what would have been comedic if the leading lights of American capitalism were not carrying out an unprecedented governmental intervention in the free market:
Are you now, or have you ever been, a Socialist? Do you know, or associate, with other Socialists?
What questions would you like to ask Paulson and Bernanke? Put your best nominees in the comments section.