asked 160k views
3 votes
Fed chairman ben barnanke was not happy about bailing out institutions that had gotten themselves in trouble by taking on too much risk. why did the fed do it

asked
User Bourne
by
7.7k points

1 Answer

5 votes
Ben Bernanke the Fed Chairman, felt if those big institutions failed it would have an impact on the stability of the whole financial system.
answered
User SteBra
by
7.9k points
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