Markets - Market News
Bernanke: Fed Understands Problem, Need for Action
Thursday, November 15, 2012
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The Federal Reserve is aware of "the depth of the problem and the need for action" and that "that the burdens of a weak economy and the benefits of economic growth often are not equally shared," Federal Reserve Bank Chairman Ben S. Bernanke said Thursday.

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Lessons from litigation over interest rate derivatives may come into sharp focus as the time for Lehman to bring claims against counterparties who terminated derivative instruments shortly after its bankruptcy filing will expire.

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