Latest Business News: Bernanke Written Senate Testimony Repeats Prepared Remarks to House

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Latest Business News: Bernanke Written Senate Testimony Repeats Prepared Remarks to House

Latest Business News: Bernanke Written Senate Testimony Repeats Prepared Remarks to House
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Latest Business News: Bernanke Written Senate Testimony Repeats Prepared Remarks to House

by Wochit 0:50 mins

Federal Reserve Chairman Ben Bernanke was set to deliver written remarks to the U.S. Senate Banking Committee that were virtually identical to prepared remarks he gave the day before to the House Financial Services Committee. Bernanke has made no public comment about his future plans, but is widely expected to step down when his term at the Fed's helm ends in January. With their simultaneous display of hubris, remorselessness, incompetence and corruption, the banks have finally ignited a modicum of courage in banking regulators. A Morgan Stanley analyst think the Apple may show better-than-expected phone numbers when it reports earnings next week.

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