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Bernanke leaves legacy of stimulus and stagnation

from Los Angeles Times

As Ben S. Bernanke walks away from the Federal Reserve's marble headquarters on the Mall after presiding over his last policy meeting Jan. 29, he will leave behind a bittersweet legacy. On one hand, his unprecedented efforts to drive down interest rates and stimulate the economy are widely credited by his peers with saving the nation from a second Depression, strengthening the economic recovery and leaving the nation's financial condition poised to take off this year. more

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