Little Alarm Shown at Fed At Dawn of Housing Bust – Wall Street Journal
 Wall Street Journal |
Little Alarm Shown at Fed At Dawn of Housing Bust
Wall Street Journal By JON HILSENRATH, LUCA DI LEO and MICHAEL S. DERBY In his second meeting as chairman of the Federal Reserve in May 2006, Ben Bernanke heard a Fed governor warn about the nation's mortgage market. But Mr. Bernanke described the cooling of the housing … Bernanke began leadership of Fed in 2006 believing economy could avoid damage … Documents Show How Fed Missed Housing Bust Bernanke Was Hoping For Soft Landing In '06, Didn't Get It |
