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Wall Street bailout debate at Fed conference in Wyoming
At a Jackson Hole conference, analysts argue the Fed's crisis actions favor Wall Street, risking taxpayer losses and moral hazard. Bernanke defends measures as necessary to avert a systemic collapse while acknowledging regulatory needs.
MENTIONED IN THIS ARTICLE
Wall Street
Willem Buiter
London School of Economics and Political Science
Fed
Buiter
Jpmorgan Chase & Co
Bear Stearns Cos
Ben Bernanke
U.S
Bernanke
Thomas Hoenig
Federal Reserve Bank of Kansas City