June 25, 2009


Tough Day for Bernanke?

First Read: "It could get ugly at a House committee hearing today featuring Fed Chair Ben Bernanke, and the markets could very well over-react to what happens in that hearing room. The issue of what role the government played in pushing Bank of America to buy Merrill Lynch is going to be front and center. And the criticism of the Republican-appointed Bernanke is going to come from Republicans, while Democrats may sit silent or quietly defend him. We'll see."


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