December 3, 2022
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Dubroff: Bernanke’s Nobel a reminder that financial crises can be solved

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Henry Dubroff
During the Great Depression, the Bank of A. Levy in Oxnard remained open while hundreds of others closed, because the Levy family, which owned the bank, was able prevent a bank run by assuring nervous borrowers that their savings were secure. Decades later, Ben A. Bernanke, an MIT-trained economist, had the insight that governments could…

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