(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 U.S. Senate Banking and House of Representatives Financial Services committees.
Recent press reports misrepresented Fed lending during the 2007-2009 financial crisis, the Fed chairman said.
Bloomberg Markets Magazine last month published an article called "Secret Fed Loans Gave Banks $13 Billion Undisclosed to Congress." Banks reaped an estimated $13 billion of income as a result of taking emergency loans from the central bank, Bloomberg said.
(Reporting By Mark Felsenthal; Editing by James Dalgleish)
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