Wednesday Reading
Bernanke speaks...
- One way of putting it: Bernanke tells the House Financial Services Committee that tightrope-walking investors do indeed have a net between themselves and the abyss.
- Barry Ritholtz provides a little context--and some attitude--for this morning's Journal piece on the continuing/deepening struggles of residential real estate.
- Fannie stinks...but OFHEO busts the caps.
- Yves Smith engages Martin Wolf's FT column on the role of government in the current crisis...and the future/appropriate/necessary role of financial market regulation.
- As Bernanke speaks, the WSJ's Real Time Economics has a tidy roundup of perspectives on Fed policymaking.
- Then there's this: Bloomberg's Craig Torres on the divergent views of Bernanke & Co. held by traders and economists.
