http://market-ticker.org/akcs-www?post=172751Bernanke: It's a Depression And I Should Be Imprisoned
Note what's missing: Any sort of contriteness or taking of responsibility for creating the crisis.
The Fed caused this mess - directly and indirectly. By allowing firms like Citibank to make loans they knew were defective and sell them the system was "levered up" with amazing amounts of debt that radically exceeded the output of the economy.
This is an unlawful act as it violates The Fed's mandate to manage credit aggregates.
From this guys opinion, Bernanke and the Fed had some hand in the financial crisis and massive recession that we are still fighting. Of course, nobody is going to come out and admit that, besides Ron Paul. He has said as much before.