Dec 28, 2007

Ben Bernanke: Subprime problems seem "contained" (2007)

At this juncture...the impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.

~ Ben Bernanke, Federal Reserve Chairman, AFX News, March 28, 2007

(Quote provided by Kevin Depew, "Five Things You Need to Know: Housing Slump Well Contained; Well Contained to Existing Home Sales; Well Contained to Largest Cement Producer in U.S.; Well Contained to Spain; Well Contained to Auto Sales," Minyanville, April 24, 2007)

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