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Records: Federal Reserve Officials Foresaw, Joked About Housing Bubble in 2006

Newly released transcripts from the Federal Reserve's 2006 meetings reveal the extent of what Chairman Ben Bernanke and his colleagues actually knew as the country was about to hit the cusp of the financial crisis. Ray Suarez discusses the board's detailed conversations with The New York Times' Binyamin Appelbaum.
Length: 08:08

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