InvestorsHub Logo
icon url

-blklabs-

08/24/09 10:10 PM

#40270 RE: 4Godnwv #40269

Bernanke to Be Nominated for Second Fed Term by Obama (Update1)
By Julianna Goldman, Peter Cook and Michael McKee

Aug. 24 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke, who led the biggest expansion of the central bank’s power in its 95-year history to avert a second Great Depression, will be nominated to a second term by President Barack Obama, according to an administration official.




www.bloomberg.com/apps/news?pid=20601087&sid=aIreCBeUHkBk