Transcripts show Fed officials easing tension with jokes as they tackled 2008 financial crisis

  • by: The Associated Press , Associated Press
  • Updated: February 21, 2014 - 4:29 PM

In 2008, as they faced imploding financial markets and a staggering economy, Federal Reserve policymakers occasionally lightened their mood with references to Monty Python, "Desperate Housewives," ''Star Wars" villains and plastic surgeons in San Francisco's East Bay.

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