Bernanke's Outside Bailout Pitch

Ben Bernanke may not have sold Main Street on the largest bailout in American history, but it isn't for lack of trying. The Federal Reserve chairman appeared flustered speaking before Congress Wednesday as politicians skewered the $700.0 billion financial bailout he is backing questioning motivations for the plan and even whether it will work. “Americans are furious," said Sen. Chuck Schumer, D-N.Y., chairman of the Joint Economic Committee of Congress. Lawmakers were hearing "amazement, astonishment and intense anger" from their constituents, he said. Yet, he said a deal on a bailout would soon be reached, suggesting that all the Washington pushback may just be grandstanding. Still, it was the second day the bailout plan got a cool reception from lawmakers. (See "Paulson Plays Pinata.") Click here for complete article:

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