I watched most of 60 Minutes’ interview of Fed Reserve Chairman Ben Bernanke conducted by Scott Pelley.
I was struck right away by the hard-hitting questions. Example:
“When was it (the Fed) founded?”
“..1913″
(from minute:second = 3:10 in video)
Whooo. Did CBS News fire its research department? Bernake’s time is worth trillions of dollars. Each second he takes away from saving bankers, is a possible mistake that could ruin the economy further.
Although it might be a good idea to interview Bernanke on TV, I doubt he needed to answer questions regarding the founding and basic operations of The Fed. Or maybe Pelley was attempting to lull Ben into a sense of calm, before springing on him such tough questions as “.. er, so, your hometown is having tough times, huh?”