Bernanke Is Nominated for Second Term as Fed Chief (Update2) - Bloomberg.com

Well it is official:Bernanke Is Nominated for Second Term as Fed Chief (Update2) - Bloomberg.com: "“Ben approached a financial system on the verge of collapse with calm and wisdom, with bold action and out-of-the box thinking that has helped put the brakes on our economic freefall,” Obama said in Martha’s Vineyard, Massachusetts, with Bernanke at his side.Bernanke’s nomination for a second