Dislikedanybody know what happened to beranke's speech?
did he talk at all?Ignored
On the federal reserve web site, the speech of yesterday was the same as the one he gave the 13...
http://www.federalreserve.gov/newsevents/default.htm
Thursday, May 29, 2008 3:15:00 PM
...
The Fed chairman was largely repeating a speech he gave May 13 to an Atlanta Fed conference.
...
Much of Bernanke's speech was devoted to explaining the extraordinary expansion of direct Fed lending to Wall Street in the wake of the credit crisis.
Getting it right is NOT as important as not getting it wrong.