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Ben Bernanke defends bailouts, easy money policies

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With his tenure as Federal Reserve chairman winding down, Ben Bernanke once again defended his record in steering the central bank through the financial crisis of 2008 and the ensuing prolonged recession at an event at the Brookings Institution Thursday morning. Echoing the words of former Rep. Barney Frank, Bernanke said the TARP bailout for financial firms that he advocated in 2008 was "one...

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