Fed's Bernanke Defends Bear Stearns Bailout, Paints Glum Economic Picturehttp://www.mortgagenewsdaily.com/422008_Fed_Paints_Glum_Picture.aspFederal Reserve Chairman Ben Bernanke Wednesday touched on a variety of factors contributing to the current weak state of the U.S. economy, but also defended the Fed's recent actions to facilitate a deal that prevented a major investment bank from collapsingenCommunityServer 2008 SP2 (Build: 31106.96)