Did Bernarke have a significant role in the Lehman Bankruptcy?

[Aemilius Paulus]

I'm fairly sure that Federal Reserve is authorized to provide emergency loans in extraordinary situations that threaten the entire banking sector. Thus, I would also blame this on the chair, Bernanke.

Do you know this more specifically?

That is kinda the idea of the Chairman of the Fed, but my prof seemed to be very sure of himself for some reason . Also, oddly enough, it seemed to me as if my mention of Bernanke's involvement struck a raw nerve in him. Seriously, the other presentations had numerous factual errors, and he pointed those out, saying "it's okay because this is just an introductory econ course and I expect you to make such mistakes when confronted by various conflicting sources" but when he came to our presentation, he vehemently disagreed.

Later, in the comments section of our score, he commented "such presentations in the style of disk-jockeying are not welcomed" - supposedly referring to the view that my comments on Bernanke were an opinion - despite that everyone else had opinions. He gave us exactly a 90 though. Out of a hundred... I have no idea what he gave to the others... I worked my rear off reading the two lengthy books in less than a week, then writing pages of analysis. No one did nearly as much. But I swear, I touched on a sensitive spot there. But how and why?

Talk about being lost... And I have very good relations with him. I was always the most active and interested student in the class... Go figure...

EDIT:

Heh, AP, I argued the same thing last fall days after the **** really started hitting the fan.

Good to see some consensus