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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (61749)	5/23/2006 1:25:11 PM
From: stockfiend	Read Replies (1) \| Respond to of 110194

He could have easily weaseled out of the question with circumlocution but he instead addressed it head-on. I was impressed by his frankness and honesty.

To: CalculatedRisk who wrote (61749)	5/23/2006 3:30:44 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 110194

"I warned you to be careful about what you say because people would follow what you said very closely," Bunning said. Markets fell after Bernanke's comments were reported the following Monday. After Bunning asked him if he learned anything from the experience, Bernanke said: "That episode was a lapse of judgment on my part." And he said future communication with the markets will be through established channels and testimony. ----- Conversation overheard after the session in the congressional bathroom: "I really don't know what I said. I just remember looking down that cleavage at those freakin' nipples!"