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Santelli: This Is Bernanke's 'Smoking Gun'

Tuesday, 17 Jul 2012 | 12:00 AM ET

CNBC Rick Santelli plays a portion of Federal Reserve Chairman Ben Bernanke's testimony today and argues it's a "smoking gun" showing the central bank knew that Barclay's was "manipulating" a key interest rate in 2008 but didn't do anything about it.