"In Fed We Trust: Ben Bernanke's War on the Great Panic," by David Wessel

08/14/2009 | New York Times (tiered subscription model), The

David Wessel, The Wall Street Journal's economics editor, asks his readers to forget about bad banks and corrupt CEOs for a moment and consider the government's role in allowing the financial crisis to unfold. While Wessel gives Federal Reserve Chairman Ben S. Bernanke his due for keeping the panic from reaching a fever pitch, he takes regulators to task for not seeing the storm coming and not acting quickly enough once it began to pour.

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