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Reuters: Ex-Fed official criticizes Bear Stearns rescue: report

Started by chris, April 29, 2008, 10:36:03 AM

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chris

Ex-Fed official criticizes Bear Stearns rescue: report
      


NEW YORK (Reuters) - A former top Federal Reserve official has said that the Fed's bailout of Bear Stearns Cos  will come to be viewed as the "worst policy mistake in a generation," the Wall Street Journal reported on Tuesday.
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