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Paul Volcker | Charlie Rose

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. SUBSCRIBE to get the latest from Charlie Rose: http://bit.ly/CharlieRoseSUBSCRIBE Connect with Charlie Rose Online: Visit the Charlie Rose WEBSITE: http://bit.ly/CharlieRoseDotCom Like Charlie Rose on FACEBOOK: http://bit.ly/CharlieRoseFacebook Follow Charlie Rose on TWITTER: http://bit.ly/CharlieRoseTwitter Follow Charlie Rose on INSTAGRAM: http://bit.ly/CharlieRoseInstagram About Charlie Rose: Emmy award winning journalist Charlie Rose has been praised as "one of America's premier interviewers." He is the host of Charlie Rose, the nightly PBS program that engages America's best thinkers, writers, politicians, athletes, entertainers, business leaders, scientists and other newsmakers. USA Today calls Charlie Rose, "TV's most addictive talk show." New York Newsday says, "Charlie's show is the place to get engaging, literate conversation... Bluntly, he is the best interviewer around today." Paul Volcker | Charlie Rose    / charlierose