by Calculated Risk on 3/19/2008 12:50:00 PM

"The Federal Reserve has taken extraordinary emergency measures in response to the current financial turmoil. Tonight, I spoke with Paul Volcker, former Fed chairman and one of the most respected figures on the economy, in an exclusive interview. Here is what he had to say about the collapse of Bear Stearns and the role the central bank has played."
Charlie Rose, March 18, 2008

The entire interview is here.