It is also a crisis with a particular domestic resonance here, coinciding as it did with the correction in our own property and constructionrelated sectors. As in other countries, the authorities here have taken extraordinary and unprecedented measures to stabilise the banking system and the economy.
Ben S Bernanke: The financial crisis and community banking Speech by Mr Ben S Bernanke, Chairman of the Board of Governors of the US Federal Reserve System, at the Independent Community Bankers of America's National Convention and Techworld, Phoenix, Arizona, 20 March 2009.