Monday, July 27, 2009

 

Bernanke Had to "Hold His Nose" Over Bailouts

Federal Reserve Chairman Ben Bernanke said Sunday that he had to "hold my nose" over last year's taxpayer-financed bailouts of big financial companies but argued that the action had to be taken to avoid a major meltdown of the U.S. financial system and the broader economy.

Bernanke Had to "Hold His Nose" Over Bailouts
Source: USA Today

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