The Fed chairman says that he always thought a failure of Lehman Brothers would severely damage the U.S. economy, but that the firm’s failure and bankruptcy proved inevitable.

WASHINGTON (MarketWatch) — The need to end the concept of too-big-to fail banks is the single most important lesson from the recent financial crisis, Federal Reserve Board Chairman Ben Bernanke said Thursday. Regulators now have the tools to address this issue, he said. In 30-pages of prepared remarks before the Financial Crisis Inquiry Commission, Bernanke [...]

When are investors going to stop getting suckered by Ben Bernanke?