Fed Chief Speaks Out on Economy and Sub-Prime Plunge

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On Federal Reserve Chairman's Ben Bernanke's second day of testimony before a committee of Congress, he had more to say about the problem of sub-prime mortgages. The Fed has been criticized for lax oversight.  Peter Coy is Economics Editor for BusinessWeek magazine.

Credits

Guest:
Peter Coy - Bloomberg BusinessWeek

Host:
Warren Olney

Producers:
Katie Cooper, Dan Konecky, Vanessa Romo