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Reuters: Bernanke urges banks to raise capital if needed

Started by chris, May 15, 2008, 06:21:06 PM

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chris

Bernanke urges banks to raise capital if needed
      


CHICAGO (Reuters) - Recent turmoil in financial markets underscores the need for banks to hold "generous" capital cushions, U.S. Federal Reserve Chairman Ben Bernanke said on Thursday as he urged them to actively raise money.
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