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Fannie Mae

May 13, 2008

Bernanke: Financial turmoil in markets easing

“The problem of moral hazard can perhaps be most effectively addressed by prudential supervision and regulation that ensures that financial institutions manage their liquidity risks effectively in advance of the crisis”

Posted: Today at 8:22 a.m. Updated: 34 minutes ago WASHINGTON - Turmoil in financial markets has eased somewhat, but the situation is still "far from normal," Federal Reserve Chairman Ben Bernanke said Tuesday. via Wral.com

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