Bernanke to Hill: Reporting on Fed loans flawed

06/12/2011 - 19:16

(Reuters) - Federal Reserve Chairman Ben Bernanke wrote to lawmakers on Tuesday defending Fed lending programs, saying reporting about those programs contained serious flaws.

"These articles ... have contained a variety of egregious errors and mistakes," Bernanke said in a letter to the chairs of the Senate Banking and House of Representatives Financial Services committees.

(Reporting By Mark Felsenthal; Editing by James Dalgleish)