Tuesday, March 10, 2009

THE FED: Big Banks Will Not Be Allowed To Fail, Bernanke Says

From CNN/Money: THE FED: Big Banks Will Not Be Allowed To Fail, Bernanke Says: "Federal Reserve Board Chairman Ben Bernanke stressed Tuesday that major financial institutions would not be allowed to fail given the fragile state of financial markets and the global economy.In a speech in Washington, Bernanke repeated that a sustainable economic recovery will 'remain out of reach' until the banking

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