This is the equivalent of asking how close we came to falling through a big crack in the Earth when it didn’t actually happen. However… going on eyewitness accounts from very informed and non-hysterical observers such as Fed Chairman Ben Bernanke and others, it looks like we were quite close. When people start talking seriously about some of the biggest banks in the world folding? …That says you’re pretty close to a meltdown.
Alan S. Blinder — This is the equivalent of asking how close we came to fallin
Economist & Former Vice Chair of Federal Reserve Board