The Market Needs Yellen

Now that U.S. stock markets have come back from the abyss they were facing five years ago, it's very easy to point fingers, assign blame and even criticize Fed Chairman Ben Bernanke for printing too many greenbacks. Yet where was all that criticism five years ago when everyone was desperately seeking a lifeline?

In a recent interview in Bloomberg Businessweek, Michael Lewis, author of The Big Short, commented that the only justice that came out of the financial crisis was the failure of Lehman Brothers. In his view, allowing the likes of Goldman Sachs (GS) and Bank of America (BAC) to benefit from government assistance was the injustice. He recognizes that things would have gotten really bad if TARP wasn't created but feels we would have been better off without it in the end....309 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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