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Federal Reserve Chairman Ben Bernanke listens during panel discussion at the International Monetary Fund (IMF) in Washington Friday, Nov. 8, 2013, on "The Crisis as a Classic Financial Panic." Bernanke said the Federal Reserve is drafting rules to close large insolvent banks without bringing down the broader financial system, one of many steps regulators must take to prevent another financial crisis.

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Bernanke: Fed has greater power to combat crises

Chairman Ben Bernanke said Friday that the Federal Reserve is drafting rules to close large insolvent banks without bringing down the broader financial system, one of many steps regulators must take to prevent another financial crisis.

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