School News
Former Federal Reserve Chairman Ben Bernanke's comments in a panel discussion with Lord Mervyn King at the "2008 Financial Crisis: A Ten-Year Review" conference, co-hosted by Stern, are featured
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Excerpt from Yahoo Finance -- "Bernanke said at a conference at New York University on Friday that the Fed needs to have expanded powers to lend to institutions that are not commercial banks, which is the only industry that the central bank can offer emergency funds to as a 'lender of last resort.'"
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