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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (35200)2/13/2011 1:49:55 PM
From: ggersh  Read Replies (1) of 71475
 
GS needed to be saved!

bloomberg.com

In the unreleased interview, Bernanke also criticized credit-rating companies, discussed how he underestimated effects from the subprime-mortgage crisis and said the central bank’s lack of aggressiveness in mortgage regulation “was the most severe failure of the Fed in this particular episode,” according to the report. Bernanke told the FCIC that after Lehman failed, the Fed was concerned Goldman Sachs Group Inc. would “go under.”
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