On Thursday,September 18,2008 in a hastily and urgently convened meeting in the Conference Room of the House Speaker,Nancy Pelosi,both the Federal Reserve Chairman,Ben Bernanke and the Treasury Secretary ,Henry Paulson presented the Proposed US $ 700 Billion Financial Bail-out Plan for the First Time to Congressional Leaders
Some Participants leaked out that Ben Bernanke starkly warned that “If we don’t do this we may not have an Economy on Monday ” !
OoooooooooooooF ! What is he saying ! ? BBC was flashing what he was saying a year ago that the Mortgage Crisis was manageable and there was nothing to worry about ! and the Fire Alarm that he is now raising