Tuesday, September 23, 2008

Bernanke: Recession more likely without bailout

Federal Reserve Chairman Ben Bernanke bluntly warned reluctant lawmakers Tuesday they risk a recession with higher unemployment and increased home foreclosures if they fail to pass the Bush administration's $700 billion plan to bail out the financial industry.

read more | digg story

No comments:

11-17-2024

Elon Musk's X Corp. files notice in Alex Jones' Infowars bankruptcy case   Trump Picks Oil and Gas Executive as New Energy Secretary...