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  • We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.

    Ben Bernanke
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    "The Subprime Mortgage Market". Ben S. Bernanke's speech at the Federal Reserve Bank of Chicago’s 43rd Annual Conference on Bank Structure and Competition in Chicago, Illinois, www.federalreserve.gov. May 17, 2007.
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We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system. - Ben Bernanke
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