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Hilsenrath on the Fed's 2008 Transcripts

Two days after U.S. officials decided to let Lehman Brothers collapse in September 2008, central-bank officials were still struggling to grasp the magnitude of the calamity that had hit the U.S. economy. Jon Hilsenrath has analysis of the Federal Reserve's 2008 transcripts on the News Hub. Photo: Getty Images. Copyright 2014, Dow Jones & Company, Inc.

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