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Fed chief issues warns warning Economy
score: +1
score: -1
score: 2, Economy, 2007-10-16 05:00:21, published by CNN
In a speech to the New York Economic Club Monday night, Federal Reserve Chairman Ben Bernanke said the central banks rate cut in September has shown signs of success, but cautioned that lenders and investors must bear responsibility for financial decisions that caused the subprime mortgage meltdown.... [additional details]