Banking
May 13, 2008
The Fed: Financial markets 'still far from normal,' Fed's Bernanke says
“Ultimately, market participants themselves must address the fundamental sources of financial strains -- through deleveraging, raising new capital, and improving risk management -- and this process is likely to take some time”
Despite some signs of improvement, financial markets remain severely stressed, Federal Reserve Chairman Ben Bernanke said Tuesday. via MarketWatch
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