Bernanke a Hero? WSJ Editor Wessel Says Crisis Could Have Been Much Worse August 16, 2010

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Complete video at: http://fora.tv/2010/05/21/David_Wessel_Meet_Paul_Keating

David Wessel, economics editor for The Wall Street Journal and author of In Fed We Trust, argues that Fed Chairman Ben Bernanke was one of the biggest heroes to come out of the recent financial crisis. Wessel explains that Bernanke was uniquely suited to handle the crisis, and that while the economy still hasn't recovered, it "would've been worse had he not done the things he did."

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David Wessel, the Pulitzer Prize-winning journalist, economics editor of The Wall Street Journal and author of In FED We Trust, speaks to Paul Keating, the former prime minister, treasurer and architect of Australia's economic resilience. The world's problems might actually get solved in this meeting of dazzling minds. - Australian Broadcasting Corporation

David Wessel is economics editor for The Wall Street Journal and writes the Capital column, a weekly look at the economy and forces shaping living standards around the world. He is responsible for overseeing coverage of the Fed and the Journal's daily coverage of the macro economy, global trade and economic trends. He appears frequently on National Public Radio.

Previously, Mr. Wessel was deputy bureau chief of The Wall Street Journal's Washington bureau. David joined The Wall Street Journal in 1984 in Boston, and moved to Washington in 1987. In 1999 and 2000, he served as the newspaper's Berlin bureau chief.