August 10, 2009

Bernanke deserves second term: Krugman

Nobel Prize winner Paul Krugman said Federal Reserve chairman Ben S. Bernanke has earned the right to a second term. “I think Bernanke has done a really good job when all is said and done. He failed to see this coming and he was behind the curve in early phases," Krugman said.

"But he’s been really very good in the sense that it’s really very hard to see how anyone could have done more to stem this crisis." “He turned the Fed into the financial intermediary of last resort. When the banking system failed to deliver capital where it was needed, he put the Fed into the markets. That was critically important at that stage,” he added. -- Bloomberg

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Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;

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