To the Point
Fed Chief Speaks Out on Economy and Sub-Prime Plunge
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.
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.