Bank analyst Dick Bove believes the result of what Ben Bernanke did was magnificent when the Fed provided $7.77 trillion in secret loans during the financial crisis. Congress would never have given its approval to carry out such an operation, so Bove thinks Bernanke did what he had to do and the Fed was right, saving us from depression and collapse and generating a huge profit for the Fed and the Treasury.
But, he says "you can't trust 'em."
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