Friday, May 4, 2012

Summarize and paraphrase


Bernanke, B. (2012). Bernanke defends Fed's response to financial crisis. USA today. Retrieved 4/13/2012 from http://www.usatoday.com/money/economy/story/2012-04-13/ben-bernanke-defends-fed/54257530/1.
 US citizens have criticized the FED's actions and policy, but the chairman of FED,Ben Bernanke disputed all the view by many reasons. First, FED fund money to save American International Group Inc, help to sell Bear Stearns. Second, FED tried their best to prevent the worst situation in the future. Finally, he mentioned that it was the suitable time to invest because of low interest rate.


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