Bernanke commends global co-operation for stemming ‘meltdown’


Ben Bernanke, chairman of the US Federal Reserve, on March 27 spoke about the financial crisis and both the Fed's and the global reaction to it.

Delivering the third of his four-part lecture series to students at the George Washington University in Washington, DC, Bernanke acknowledged the important role of international co-operation as the crisis hit.

"One aspect of the crisis that doesn't get enough attention is that this really was a global crisis," said Bernanke. "It was also a very

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