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The concern is that the longer there is no "rescue" in place soon, there is a downward spiral in our economy, as we become more concerned about the economy, we spend less, businesses are cut off from credit markets and can't expand, more businesses fail, housing prices sink. The rescue at a latter date, means there will be more troubled assets with less value.
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Who appointed ben Bernanke?
George W. Bush appointed Ben Bernanke as Federal Reserve Chairman in Capitol Hill. President Barack Obama continued to approve of Bernanke's job position.
How does Henry Paulson have ties to Obama?
Paulson was appointed to the post of Secretary of the Treasury by President G.W. Bush. When Obama took office, Paulson was replaced by Timothy Geithner.
Under which president did ben bernanke assume the role of chairman of the federal reserve system?
Ben Bernanke was appointed Chairman of the Federal Reserve Sytem on February 1, 2006 by George W. Bush.
Who is the chairperson of the Federal Reserve?
Benjamin Bernanke is the chairman of the board of the Federal Reserve. He was appointed in 2006 by President Bush. Bernanke was preceded by Alan Greenspan.
A famous person that starts with g?
George Bush, George Washington, or Gary Paulson.
What actors and actresses appeared in American Casino - 2009?
The cast of American Casino - 2009 includes: Ben Bernanke as himself Phil Gramm as himself Henry Paulson as himself Henry Waxman as himself
What is the birth name of Ben Bernanke?
Ben Bernanke's birth name is Ben Shalom Bernanke.
Is Ben Bernanke a Republican?
Ben Bernanke is a Republican.
Who is federal chief bernanke married to?
Ben Bernanke is married to Anna Friedmann.
What is Ben Bernanke's birthday?
Ben Bernanke was born on December 13, 1953.
When was Ben Bernanke born?
Ben Bernanke was born on December 13, 1953.
What nicknames does Ben Bernanke go by?
Ben Bernanke goes by Helicopter Ben.
