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Global Deals Review: Q4 2009

Two men shakes hands in this file photo. REUTERS/Files

Hot sectors in a tepid recovery

The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010.   Full Article | Full Coverage 

» More Global Deals Review: Q4 2009 News

Bernanke says home price insurance would be costly

Thu Dec 4, 2008 12:01pm EST

WASHINGTON, Dec 4 (Reuters) - An idea floated by some economists to encourage home buyers to purchase home price insurance would be costly in the current market, U.S. Federal Reserve Chairman Ben Bernanke said on Thursday.

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"In the current environment ... that would be a pretty expensive premium to buy," Bernanke said in response to a question at a housing conference. "I do think we should think about, more generally, the issue of the structure of our mortgage contracts."

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