03/06/2012
https://www.congress.gov...
"How do you get the market to believe that what you are doing is the right thing?"
"The economic and financial climate has deteriorated significantly since our last monetary policy hearing in July of 2008."
"The Federal Reserve has provided assistance to several large financial entities, according to their words, 'in order to ensure financial market stability.'"
"The Federal Reserve will continue to run a virtual alphabet soup of liquidity facilities through April 30, 2009, at the least."