Newly released transcripts show Fed in 2008 struggling to grasp depth of financial crisis

  • Article by: MARTIN CRUTSINGER , Associated Press
  • Updated: February 21, 2014 - 5:15 PM

WASHINGTON — The Federal Reserve agonized in 2008 over how far to go to stop a financial crisis that threatened to cause a recession and at times struggled to recognize its speed and magnitude.

ADVERTISEMENT

Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT