Federal Reserve chairman appears before the Financial Crisis Inquiry Commission in Washington
The man at the helm of America's central bank, Ben Bernanke, will spend the morning under examination over his actions to steady the US economy at the height of the global financial crisis back in September 2008.
Starting at 9am ET (2pm UK), Bernanke will be questioned by a bipartisan panel chaired by Phil Angelides, a former Democratic state treasurer of California, as part of a series of evidentiary sessions entitled "too big to fail: expectations and impact of extraordinary government intervention and the role of systemic risk in the financial crisis".
Following up from yesterday's appearance by the former Lehman Brothers boss Dick Fuld, the panel are sure to ask Bernanke about the US government's controversial path in allowing Lehman to file for bankruptcy - despite putting together rescue packages for other banks including Bears Stearns, Wachovia and Washington Mutual.
A cerebral figure, Bernanke has a habit of speaking in tortuously lengthy sentences. But I'll be following and interpreting his remarks here live, to see what new insights can be gained about the worst financial crisis since the Great Depression of the 1930s.
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