New York Times |
Fed Failed to See Lehman's Fallout for Economy, Transcripts Show
Bloomberg The day after Lehman Brothers Holdings Inc. declared the largest bankruptcy in U.S. history in 2008, Federal Reserve officials remained unsure whether the financial crisis would do lasting damage to the U.S. economy. “I don't think we've seen a … Fed transcripts of 2008 crisis reveal struggles to revive markets, economy Yellen Saw Economy at 'Brink of Recession' in January 2008 (2) The Fed's Fisher Referenced Woody Allen As He Totally Misdiagnosed The … |