Bernanke beginning to understand mortgage mess (at MarketWatch)

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Bernanke beginning to understand mortgage mess (at MarketWatch)

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03-04-2008, 09:15 AM

Ron Burgundy Ron Burgundy is offline

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Bernanke beginning to understand mortgage mess (at MarketWatch)

Rather than cling to the illusion that theyâ??ll get repaid in full, banks should face up to their losses from all those bad mortgages they underwrote, Federal Reserve Chairman Ben Bernanke told bankers.

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