Obama: The market tanked today Ben.
Bernanke: Yes. In line with our expectations.
Obama: Yeah I know. How far can we let it drop to see if it will stabilize?
Bernanke: We project that it could drop all the way back to 10,000 if we don’t intervene. It is possible that sub 10,000 could come around shortly thereafter.
Obama: How did we get into this mess?
Bernanke: On the bright side. We did pump up [...]