While rising delinquencies and foreclosures will continue to weigh heavily on the housing market this year, it will not cripple the U.S.
Ben BernankeBoth humanity's capacity to innovate and the incentives to innovate are greater today than at any other time in history.
Ben BernankeThe crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth and led to sharp declines in the values of many homes and businesses.
Ben BernankeWe do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.
Ben Bernanke