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Transcripts reveal Fed reactions during 2008 economic crisis

Season 2014 Episode 540 | 3m 22s

Federal Reserve Board transcripts from 2008 released on Friday give a behind-the-scenes look at how the nation’s central bankers reacted to the global financial meltdown. Hari Sreenivasan speaks with the Wall Street Journal’s Jon Hilsenrath about what new insight these documents give us about how the Fed handled the crisis.

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