«Elliott is supportive of the proposed Sempra transaction, which provides
substantially greater recoveries to all creditors of Energy Future than the proposed Berkshire transaction,» a spokesman for Elliott said in an email to Reuters.
In his speech, Chairman Bernanke further clarified that «the actions taken by the FOMC to put downward pressure on longer - term interest rates was meant to inspire
greater confidence for individuals, families, businesses, and financial markets» and he reiterated the commitment of the Federal Reserve to «promoting a sustainable
recovery within the context of price stability until the job market improves
substantially.»