Indian tech-billionaire Sridhar Vembu slams Nobel Prize for Ben Bernanke, calling it a bankruptcy moment

Indian tech-billionaire, Sridhar Vembu has criticised former US Fed chairman Ben Bernanke’s selection for the Nobel Prize in Economics. Vembu called honouring Bernanke for his study on bank collapses leading to the great economic depression of the 1930s, a bankruptcy moment for the Nobel Prize. In a tweet about the Nobel committee’s decision, Vembu blamed Bernanke’s policies for the current crisis that the global financial system is facing.