Nouriel Roubini has come out in support of a second term for Ben Bernanke as he faces increasing pressure in his quest for renomination.
The Fed Chair has seen opposition rise on both sides of the aisle, as discontent over his role in the financial crisis grows.
Roubini, however, has singled out the Fed Chair for his ability to deal with the crisis and stop another Great Depression from occuring.
Paul Volcker has also recieved Dr. Doom’s support, as Roubini has called his push to change bank regulations real progress towards his own goal of breaking up banks.
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See Also:
- Sorry Ben Bernanke: Your Inflation Fighting Scheme Won’t Work
- Volcker: Grab Wall Street By The Balls, But Deregulate Normal Banks
- Why Paul Volcker Is Still Giving The Fed Way Too Much Credit