Monday, July 27, 2009

Bernanke Takes His Message To Kansas City

Federal Reserve Chairman Ben Bernanke says last year’s taxpayer-financed bailouts of big financial companies was necessary to avoid a major meltdown of the U.S. financial system and the broader economy. Bernanke’s comments came during a town-hall style meeting in Kansas City, Missouri. The complete discussion with Bernanke airs in three parts, begining Monday on PBS’ The NewsHour with Jim Lehrer.

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