President Barack Obama’s nomination of Ben Bernanke for a second term as chairman of the US Federal Reserve has drawn mostly positive reaction from the financial blogosphere, with some commenting on the importance of maintaining stability in difficult times and others praising his role in rescuing the financial system following Lehman Brothers’ collapse.

There were exceptions. One common concern was Bernanke's acquiescence as a fed governor in the hands-off regulatory approach of his predecessor Alan Greenspan.