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WSJ Editor Likens Economic Relief to Surgery - David Wessel

463 views · Published 13 October 2009 · 3:51 · Indexed 20 September 2026

Channel: FORA.tv · 2009 · News & Politics

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Complete video at: http://fora.tv/2009/09/22/Ben_Bernanke_vs_the_Great_Panic_David_Wessel

David Wessel likens Ben Bernanke's efforts to avoid an economic depression to a surgeon struggling to save a patient on the operating table. Comparing collapsing banks to a circulatory system, Wessel says, "you can't save this one organ at a time; the entire system is at risk."

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How did we find ourselves confronting the worst threat to the US economy since the Great Depression?

Journalist David Wessel explains what the Federal Reserve did right and did wrong, where the economy stands now and where it is headed. - Commonwealth Club of California

David Wessel is economics editor for The Wall Street Journal and writes the Capital column, a weekly look at the economy and forces shaping living standards around the world. He is responsible for overseeing coverage of the Fed and the Journals daily coverage of the macro economy, global trade and economic trends. He appears frequently on National Public Radio.

His book, In Fed We Trust: Ben Bernanke's War on the Great Panic, will be published August 4, 2009.

Previously, Mr. Wessel was deputy bureau chief of The Wall Street Journal's Washington bureau. David joined The Wall Street Journal in 1984 in Boston, and moved to Washington in 1987. In 1999 and 2000, he served as the newspaper's Berlin bureau chief.

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