Bernanke Appears Before Senate Banking Committee (WATCH LIVE VIDEO)
The Huffington Post | February 24, 2009 09:29 AM
Federal Reserve Chairman Ben Bernanke faces questions from the Senate Banking Committee Tuesday.
His testimony comes a day after the government moved closer to dramatically expanding its ownership stakes in the nation’s banks, including Citigroup Inc. The Treasury Department, the Fed and other banking regulators said Monday they could convert the government’s stock in the banks from preferred shares to common shares.
The event is expected to begin at 10 AM Eastern Time.
U.S. Federal Reserve Chairman Ben Bernanke said Tuesday that the recession should end this year and 2010 “will be a year of recovery,” if actions taken by the government lead to some stabilization in financial markets.
http://online.wsj.com/article/SB123548742716959583.html?mod=googlenews_wsj
This crook is ,needless to mention, in an important position.
I can’t really listen to him at all when he uses such words, as should and if, without feeling like someone kicked some sand in my face…G: