Bernanke: Bail out bad borrowers, too
Filed Under (World Economy) by Fred Chan on 26-02-2009
Tagged Under : bail out, Bernanke, chairman, federal reserve, US
US Federal Reserve Chairman Ben Bernanke said Wednesday that the embattled housing market has crippled the economy, and at-risk homeowners need a bailout – even if they knew they couldn’t afford their home in the first place.
