Page 7 - Burnet Smith News Today : Breaking News, Live Updates & Top Stories | Vimarsana

closer to a moment when the financial system stopped functioning, where banks failed, where unemployment went even higher than it is now, where we had the kind of shattered lives and shattered confidence in capitalism that marked the great depression. we came closer to that than we have at any moment in 70 years. but today, we ve pulled back from that abyss. the economy isn t healthy, but it s better. the economy is out of intensive care. and what i write about in this book is the role that the fed, and particularly, been curb played if bringing us to this point, where we can talk about this with a little bit of past tense. now, i have always thought that the fed was the most undercovered institution in washington, relative to its power. i mean, my newspaper and others send literally hundreds of people to cover political conventions that are, if you admit it, pretty much like broadway productions these days, but you can count on the fingers of one or maybe two hands the ....

New York , United States , North Carolina , Serbia General , District Of Columbia , North Haven , Mayflower Hotel , South Carolina , South Korea , New Yorker , Arthur Ashe , Roger Berman , Freddie Mac , Betty Shabazz , Morris Levitt , Oris Karloff , Henry Waxman , Toni Morrison , Rebecca Sando , Rosh Hashanah , Merrill Lynch Goldman Sachs , George Bush , Arthur Bernard Schriever , Ken Manning , Ernest Smith , Ben Bernanke ,