Recent Bernanke Speech Addresses Concept of "Too Big to Fail" and Other Economic Challenges
A timely, new issue of Segal Advisors' e-publication Research Note discusses Federal Reserve Chairman Bernanke's recent speech to the Economic Club of New York.
Speeches by chairmen of the Federal Reserve are always followed closely by investors. As the Research Note indicates, Chairman Bernanke's recent speech confirms the importance of the labor market for sustainable economic recovery and growth. One of his most interesting statements was that the concept of "too big to fail" as a rationale for federal government bailouts is unacceptable.