WASHINGTON (AP) — Federal Reserve Chair Janet Yellen says the Great Recession showed that a large number of American families are "extraordinarily vulnerable" to financial setbacks because they have few assets to fall back on.
By MARTIN CRUTSINGER, AP Economics Writer, Seattle Post-Intelligencer: Business
Thu, 09/18/2014 - 5:40am
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen says the Great Recession showed that a large number of American families are "extraordinarily vulnerable" to financial setbacks because they have few assets to fall back on.