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Old 09-24-2008, 11:48 AM
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Charnock Charnock is offline
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Bernanke: Worst financial crisis since WWII

"The intensification of financial stress in recent weeks, which will make lenders still more cautious about extending credit to households and business, could prove a significant further drag on growth," he said. "The downside risks to the outlook thus remain a significant concern."

The nation is facing its most serious financial and economic crisis since the end of World War II, he said.

cnn.com
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