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Archive for October, 2008

Bernanke Warns of Continued Economic Turmoil

Fed Chairman Ben Bernanke has warned that the economic turmoil that we have fave recently will likely follow us into the future. He said that the Federal Reserve will continue to use its power to try to improve market function and liquidity.

Bush Says Bailout Will Not Cost So Much

President Bush said that the recently approved bailout plan will not help the economy immediately, but will work out in the long run. He said that the $700 Billion will not be a total loss and will not end up costing so much. According to the President, the assets that will be [...]