Thursday, February 26, 2009

Fed staff in big trouble,

It’s not just U.S. stocks that are on a roller coaster ride in reaction to congressional testimony by Federal Reserve Chairman Ben Bernanke and other top officials.

Fed staff stock plunged on Wednesday when they put their boss in an awkward position during Bernanke’s testimony before Congress on the financial bailout and efforts to stabilize the swooning economy….

Read more Fed staff in trouble, but cited for raise, too

Source: reuters

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