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April 3, 2008
The "R" Word
Federal Reserve Chairman Ben Bernanke finally said it. He is quoted in today's WSJ as testifying before Congress' Joint Economic Committee on Wednesday that, "A recession is possible."
Of course, a rose by any other name would smell . . . and many have been thinking the same thing even before Chairman Bernanke named our fear.
Links to other news reports: http://www.bloomberg.com/apps/news?pid=20601087&sid=aKXpOkaCuAy4&refer=home
http://www.msnbc.msn.com/id/23917696/
http://news.yahoo.com/s/ap/20080402/ap_on_bi_ge/bernanke_congress
(ag) April 3, 2008, in Economy
April 3, 2008 in Economy | Permalink
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