BUSINESS
04/09/2008 05:12 am ET Updated May 25, 2011

Bernanke To Face Congressional Queries Over Bear Stearns Rescue

Long before taking office as chairman of the Federal Reserve, Ben S. Bernanke wrote an article with some other academics calling for the Fed to demystify its actions and pronouncements.

"The 'just trust us' approach may work in a period when the chair and the board of governors command widespread support," he and three colleagues wrote in Foreign Affairs. "But the happy state of affairs will not last forever."

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