Is a Paulson-Bernanke Resignation Possible?

A lot is riding on the bailout getting passed.

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I am just throwing this out there, but I find it hard to believe that either Hank Paulson or Ben Bernanke could remain at their jobs if this bailout goes down in flames. Wouldn't that basically be a vote of no confidence in them by Congress and America? Here we have in Paulson a guy who has spent his life on Wall Street and comes to DC with a gold-plated reputation. And in Bernanke, we have a Fed chief whose field of study as an academic was financial system meltdowns. And they both tell Congress that not passing their bailout plan means financial Armageddon. And then Congress says "no." There can't be any going back after that, can there?


TAGS:
government intervention
Bernanke, Ben
Paulson, Henry
Congress

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