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Posted on March 16, 2009 | tags


Biz, U.S.: Ben Bernanke: We COULD be out of the woods by late ’09

  • We’ve seen some progress in the financial markets, absolutely. But until we get that stabilized and working normally, we’re not going to see recovery.
  • Federal Reserve chairman Ben Bernanke • On the recession and the biggest problem – the clogged up credit and financial markets. Bernanke said that if things ease up, the recession could end this year. Also, he was on “60 Minutes” last night, where he mentioned he’s “slammed the phone more than a few times on discussing AIG.” • source