Elsewhere on The Exxchange: Bailout | Federal Reserve | FDIC | TARP | Henry Paulson | Christopher Cox |
Looking over the latest astounding proposal from Bernanke at the Fed and Paulson from Treasury—subsidizing new home buyers with a ridiculous 4.5% 30 year mortgage—I think a plain fact needs to be stated much more clearly related to our earnest monetary officials: these guys are panicke...
WASHINGTON -- Embattled Federal Reserve Chairman Ben Bernanke won confirmation for a second term Thursday, but only by the closest vote ever for the crucial post and after withering criticism from lawmakers for bailing out Wall Street while other Americans suffered in recession.
Fri, Jan 29 | from U.S. News & World Report