Biography:Chairman of the Federal Reserve during the Financial crisis of 2007–08.
As chairman, Bernanke supported the bailout of failing financial institutions in 2008, including the takeover of Bear Stearns by JPMorgan Chase and the $85 billion bailout of A.I.G.
During his tenure the Federal Reserve took unprecedented steps to implement quantitative easing, a process whereby the central bank purchased billions of dollars of mortgage-backed securities and long-term treasuries to stimulate economic growth.
John Nash
John Stuart Mill
Joseph Stiglitz
Paul Krugman
Robert F. Engle
Vernon L. Smith