Bernanke: Cyprus poses 'no major risk' to U.S. banks, economy

nbcnews.com ^ | March 20, 2013 | John Schoen

[Sirius Lee]

"House prices have risen by nearly 25 percent over the past two years. Although speculative activity has increased in some areas, at a national level these price increases largely reflect strong economic fundamentals."

"At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained." ~ Ben Bukkake.

[lwd]

They still haven’t re-opened the banks over there. Will Ben being singing this same tune when the inevitable run on the Cyprus banks really gets going?

[Soul of the South]

Bernanke is part of the George W. Bush legacy that keeps on giving.

[sarge83]

Next time this happens they will steal the money first and then announce it. Spain, Italy and Greece had better be taking notice...

[dfwgator]

[1010RD]

Anybody with money is jittery and watching their accounts. Trust is failing and that scenario never ends well.

[1010RD]

Selling assets for short-term cash flow? That’s a great plan.