March 20, 2009 at 15:23 PM EDT
Bernanke on Financial Crisis and Community Banking
In a speech today before a group of executives at small U.S. banks in Phoenix Ariz., the Fed Chairman Ben Bernanke stressed the need for the government to develop safer procedures to shut down major nonbank financial companies without destabilizing the entire financial system. Mr. Bernanke spoke of “extremely unpleasant and difficult choices” that the [...]
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