Bernanke thinks Fed should regulate all institutions

[montmorencyt2w]

http://www.nytimes.com/2009/10/02/business/economy/02regulate.html

The chairman of the Federal Reserve, Ben S. Bernanke, told skeptical lawmakers on Thursday that the Fed should be put in charge of regulating the nation’s biggest financial institutions.

hmm:....lunatics in charge of the asylum?

(No offence intended to any lunatics reading this).

😈