Washington Post |
Fed Misread Crisis in 2008, Records Show
New York Times Ben S. Bernanke, Federal Reserve chairman, testifying before Congress in September 2008 with Henry Paulson, the Treasury secretary. Manuel Balce Ceneta/Associated Press. WASHINGTON — On the morning after Lehman Brothers filed for bankruptcy in … New View Into Fed's Response to Crisis Was it an error by US Fed in not saving Lehman Brothers from going bankrupt? As crisis grew, Fed's Janet Yellen wanted sharper rate cuts |