"I don't anticipate any serious problems of that sort among the large, internationally active banks that make up a very substantial part of our banking system," he said in February 2008.
Lehman filed for bankruptcy in September.
In July, Bernanke also claimed Fannie Mae and Freddie Mac were "in no danger of failing." The Fannie and Freddie bailout that followed is on track to be the most expensive government rescue of the financial crisis. It's at $153 billion and counting.