Heck of a Job, Bernanke

Lehman has been going down for weeks, despite having the privilege of borrowing money from the Federal Reserve using its junky mortgage bonds as collateral. The next question is whether Henry Paulson, the rough-mannered Secretary of the Treasury, and Ben Bernanke, the milder- mannered Fed Chairman, get into their ambulance and scream off to the rescue once again. Full Story »

Posted by Derek Hawkins
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Posted by: Posted by Derek Hawkins - Sep 13, 2008 - 6:16 AM PDT
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4.0
by Randy Morrow - Sep. 13, 2008

The author raises some good questions about Bush and companies handling of the Fannie/Freddie bail out (like will the bail out be folded into the national debt) and indicates that no answers have been given or seem to forthcoming.

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3.7
by Joel Kulenkamp - Sep. 13, 2008
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4.0
by Derek Hawkins - Sep. 13, 2008
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4.1
by George Larson - Sep. 13, 2008
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