Friday, September 19, 2008
Weekend at Bernanke’s
The markets mounted an impressive comeback Friday–the likes of which has not been seen since the 1930s–rallying on a financial intervention by the government. With Adam Smith’s oft-lauded “invisible hand” giving investors the invisible finger and the U.S. mired in one of the worst market crises in recent history, Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke finally decided to act.





