Business

Ben Bernanke: Reports On Fed's Loans Contained 'Egregious Errors And Mistakes'

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Federal Reserve Chairman Ben
Bernanke wrote to lawmakers on Tuesday defending Fed lending
programs, saying reporting about those programs contained
serious flaws.

"These articles ... have contained a variety of egregious
errors and mistakes," Bernanke said in a letter to the chairs of
the Senate Banking and House of Representatives Financial
Services committees.

(Reporting By Mark Felsenthal; Editing by James Dalgleish)

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