Bernanke: emergency aid will be repaid
The Federal Reserve's support facilities for specific institutions carry more risk than traditional central bank liquidity support, but we nevertheless expect to be fully repaid, said Ben Bernanke, the chairman of the central bank.
Bernanke said that these operations were extremely uncomfortable for the Fed to undertake and were carried out only because no reasonable alternative was available. He said that Fed was working together with the Administration and Congress to develop a formal
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