Monday, August 13, 2007

Bernanke Was Wrong: Subprime Contagion Is Spreading

Federal Reserve Chairman Ben S. Bernanke was wrong. So were U.S. Treasury Secretary Henry Paulson and Merrill Lynch & Co. Chief Executive Officer Stanley O'Neal. The subprime mortgage industry's problems were contained, they all said. It turns out that the turmoil was contagious.

read more | digg story

No comments:

6-24-2026

  Trump reportedly told Netanyahu ‘all the Jews are sick of you’ AI Companies Are Trying to Seize Control of Elections Todd Blanche hit with...