OAK BLUFFS, Mass. (AP) - August 25, 2009 Standing alongside Bernanke for the statement on the island of
Martha's Vineyard, Obama said the country is "a long way away"
from a complete economic recovery. But the vacationing president
also said the 55-year-old Bernanke tackled the crisis "with bold
action and outside-the-box thinking" that helped limit the damage.
Bernanke succeeded Alan Greenspan as head of the country's
leading agency on monetary policy, and his nomination to another
term is subject to Senate confirmation.
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