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Subjects / Resolution and Recovery

Email News Service Aug 08: Fed’s Bernanke warns on moral hazard of recent actions

Simon Turmaine | August 21, 2008

JACKSON HOLE, Wyoming, August 22 (Global Risk Regulator) – America’s central bank chief says excessive risk taking and yet greater systemic risk could result if no “countervailing actions” are taken to address the moral hazard consequences of recent official actions taken in response to the credit crisis.

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