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Friday, January 13, 2012

'Embarrassing' Fed transcripts released:

Inside the Fed in 2006: A Coming Crisis, and Banter - Yahoo! Finance

(From left) Alan Greenspan is seen on March 15, 2005, and Ben Bernanke is seen in Oct. 24 2005. (AP Photo/Files)

'Embarrassing' Fed transcripts released

Top officials joked about the housing market but missed signs of impending crisis, documents reveal.
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