The Montgomery Advertiser from Montgomery, Alabama on September 23, 2012 · Page D5
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The Montgomery Advertiser from Montgomery, Alabama · Page D5

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Sunday, September 23, 2012
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MONTGOMERY ADVERTISER SUNDAY, SEPTEMBER 23, 2012 5D The Week in Review Dow Jones industrials -40-27 11 54 13 32 18 97 "17-46 Close: 13,579.47 J 1-week change: -13.90 (-0.1) mon tues wed thur fri NEWS OF RECORD 14,000 13,500 12'000 M A M J J AS Stock Exchange Highlights fNYSE NYSE Mkt I I B 8,377.51 -81.36 M 2,487.24 18.47 W Nasdaq r3,179.96 -3.99 Name Last Chg Chg Name Last Chg Chg Name Last Chg Chg CSVInvBrnt 44.77 8.27 22.7 IncOpR 4.10 1.80 78.3 USMD n 33.3322.24 200.5 FjtureFuel 12.64 2.33 22.6 WizrdSftrs 5.24 .94 21.9 Telestone 2.62 1.12 74.7 ETrSPIat 32.99 5.56 20.3 IEC Elec 7.12 1.14 19.1 IRIS Int 19.47 6.05 45.1 Natuzzi 2.44 .40 19.7 BovieMed 3.25 .50 18.2 Dialogic rs 3.21 .96 42.7 SchiffNutr 24.57 4.00 19.4 Sandst g rs 12.60 1.91 17.9 Cytoriwt 2.49 .71 39.9 CSVInvCrd 48.08 7.58 18.7 Arrhythm 2.52 .37 17.2 ClevBioL h 2.91 .79 37.3 Chiquita 7.85 1.13 16.8 FullHseR 3.70 .54 17.1 DehaierMd 2.45 .66 36.9 AmRepro 4.80 .66 15.9 NDynMng 4.66 .64 15.9 PeregrinP 5.39 1.43 36.1 Skyline 5.12 .67 15.1 AmDGEn 2.40 .32 15.4 SavientPh 2.50 .66 35.9 DrDNGBear 13.27 1.68 14.5 GoldStrg 2.04 .25 14.0 Selectica 5.32 1.40 35.7 Losers ($2 OR MORE) Losers ($2 OR MORE) Losers ($2 OR MORE) Name Last Chg Chg Name Last Chg Chg Name Last Chg Chg IHSInc 91.36 - 24.80 -21.3 USAntimny 2.18 -.71 -24.6 Questcor 30.13-19.92 -39.8 XPOLogis 12.50 -3.19 -20.3 HallwdGp 7.51 -2.13 -22.1 HorizPhm 3.50 -1.25 -26.3 CSVLgCrde 33.35 -7.32 -18.0 Vicon 2.39 -.61 -20.3 BonTon 10.50 -3.49 -24.9 iP SER2K 14.80 -3.20 -17.8 SL Ind 13.14 -2.04 -13.4 Sanfilp 13.25 -3.57 -21.2 Blyths 34.95 -7.30 -17.3 CPIAero 10.87 -1.52 -12.3 DeckrsOut 38.71 -10.21 -20.9 HNICorp 26.24 -5.44 -17.2 ASpecRlty 4.30 -.60 -12.2 BridgfdFds 6.08 -1.58 -20.6 E-House 4.67 -.96 -17.1 GoldRsvg 3.25 -.45 -12.2 BioFuel rs 7.14 -1.84 -20.5 SunTrwtA 5.85 -1.15 -16.4 Augusta g 2.70 -.37 -12.1 SuperMda 3.26 -.84 -20.5 AlphaNRs 7.21 -1.34 -15.7 SagaComm 38.40 -4.41 -10.3 ParametSd 8.92 -2.28 -20.4 MauiLand 2.37 -.43 -15.4 eMagin 4.13 -.46 -10.0 IdenixPh 4.67 -1.01 -17.8 Most Active ($1 or more) Name Vol (00) Last Chg Most Active ($1 or more) Most Active ($1 or more) Name Vol (00) Last Chg BkofAm 6670356 9.11 -.44 NwGoldg 312702 12.72 .87 SiriusXM 3966098 2.54 .07 S&P500ETF 4515394 145.87 -.59 GoldStrg 227916 2.04 .25 Facebook n266935522.86 .86 SprintNex 3355014 5.65 .39 NovaGldg 220680 6.19 .31 Microsoft 2328684 31.19 -.02 GenElec 2650053 22.53 .42 DenisnMg 193103 1.59 .13 Intel 1851289 23.13 -.25 SPDR Fncl 2416819 1 5.83 -.38 Hemisphrx 193010 1.00 .20 Cisco 1746266 18.90 -.59 NokiaCp 2084448 2.77 -.21 CheniereEn 180797 16.63 -.17 PwShs QQQ157620170.15 .17 iShEMkts 2024795 41.78 -.60 Neuralstem 164388 1.26 .11 Oracle 1570476 32.47 -.48 Bar iPVix 1957337 8.70 -.49 Rented 154210 2.63 .14 Kraft 1458594 41.78 2.14 CocaColas 1934064 38.03 -.09 Vringo 145508 3.30 -.25 Yahoo 1438510 15.73 -.04 AMD 1933931 3.60 -.30 NA Pall g 110220 1.92 -.35 RschMotn 1260309 6.46 -1.11 Diary Diary Diary Advanced 1,401 Advanced 283 Advanced 1,251 Declined 1,731 Declined 207 Declined 1,366 New Highs 493 New Highs 41 New Highs 322 New Lows 34 New Lows 12 New Lows 68 Total issues 3,186 Total issues 503 Total issues 2,681 Unchanged 54 Unchanged 13 Unchanged 64 Volume 17,798,619,481 Volume 514,300,460 Volume 9,328,932,337 Stocks of Local Interest Wk Wk YTD Wk Wk YTD Name Ex Div Last Chg ChgChg Name Ex Div Last Chg ChgChg AT&T Inc NY 1.76 38.08 .82 2.2 25.9 iShR2K NY 1.23 85.50 -.90 -1.0 15.9 AMD NY ... 3.60 -.30 -7.7 -33.3 Intel Nasd .90 23.13 -.25 -1.0 4.6 Alcoa NY .12 9.13 -.71 -7.2 5.5 IntPap NY 1.05 35.51 -.01 ... 20.0 AlphaNRs NY ... 7.21 -1.34 -15.7 -64.7 JPMorgCh NY 1.20 40.88 -.69 -1.7 22.9 Alria NY 1.76 34.06 1.12 3.4 14.9 KB Home NY .10 15.26 1.61 11.8127.1 AmlntlGrp NY ... 33.63 -1.39 4.0 45.0 Keycorp NY .20 8.91 -.13 -1.4 15.9 Annaly NY 2.17 17.56 .18 1.0 10.0 Kinross g NY .16 10.33 .14 1.4 -9.4 A123Sysh Nasd ... .34 .02 7.7 -79.2 Kralt Nasd 1.16 41.78 2.14 5.4 11.8 Apple Inc Nasd 10.60 700.10 8.81 1.3 72.9 Lowes NY .64 30.19 .79 2.7 19.0 ApUMatl Nasd .36 11.45 -.60 -5.0 6.9 MktVGold NY .15 54.81 .95 1.8 6.6 BncTrstFn Nasd ... 3.15 .02 0.6154.0 McDnUs NY 3.08 93.71 2.01 2.2 -6.6 BkolAm NY .04 9.11 -.44 4.6 63.8 MetroPCS NY ... 11.63 1.00 9.4 34.0 Bar iPVix NY ... 8.70 -.49 -5.3 -75.5 MicronT Nasd ... 6.36 -.34 -5.1 1.1 BigLots NY ... 30.90 -.93 -2.9 -18.2 Microsoft Nasd .92 31.19 -.02 -0.1 20.1 Blount NY ... 13.78 -.21 -1.5 -5.1 MorgStan NY .20 17.08 -1.16 -6.4 12.9 Brinker NY .80 35.32 .02 0.1 32.0 NewsCpA Nasd .17 24.96 .29 1.2 39.9 BrMySq NY 1.36 33.61 .37 1.1 -4.6 NokiaCp NY .26 2.77 -.21 -7.0 42.5 CampSp NY 1.16 35.10 .55 1.6 5.6 Oracle Nasd .24 32.47 -.48 -1.5 26.6 ChesEng NY .35 19.36 -1.16 -5.7 -13.1 PacEthanh Nasd ... .38 -.12 -24.0 -64.2 Chevron NY 3.60 117.80 .55 0.5 10.7 PapaJohns Nasd ... 52.65 1.05 2.0 39.7 Cisco Nasd .56 18.90 -.59 -3.0 4.9 Penney NY ... 25.89 -2.93 -10.2 -26.3 Ciigroup NY .04 33.67 -1.12 -3.2 28.0 Petrobras NY 1.03 23.24 -.94 -3.9 -6.5 CocaColas NY 1.02 38.03 -.09 -0.2 8.7 Plizer NY .88 24.52 .72 3.0 13.3 ColonPT NY .72 21.15 -1.09 4.9 1.4 PwShsQQQ Nasd .61 70.15 .17 0.2 25.6 Comcast Nasd .65 36.23 .93 2.6 52.8 ProctGam NY 2.25 69.42 .26 0.4 4.1 Corning NY .30 13.22 .10 0.8 1.8 PuleGrp NY ... 16.98 .46 2.8169.1 Darden NY 2.00 57.21 3.17 5.9 25.5 Questcor Nasd ... 30.13 -19.92 -39.8 -27.5 Dell Inc Nasd .32 10.37 -.47 4.3 -29.2 RegionsFn NY .04 7.52 -.10 -1.3 74.9 DelaAir NY ... 9.06 -.21 -2.2 12.1 RschMotn Nasd ... 6.46 -1.11 -14.6 -55.5 Dillards NY .20 77.10 -2.03 -2.6 71.8 S&P500ETF NY 2.85 145.87 -.59 -0.4 16.2 DirSCBear NY ... 14.04 .40 2.9 -47.0 Saks NY ... 10.80 -.83 -7.1 10.8 DowChm NY 1.28 30.26 -1.99 -6.2 5.2 Schwab NY .24 13.58 -.85 -5.9 20.6 EMCCp NY ... 28.02 .16 0.6 30.1 SiriusXM Nasd ... 2.54 .07 2.8 39.6 Energen NY .56 53.42 -2.08 -3.7 6.8 SkywksSol Nasd ... 24.81 4.81 -16.2 52.9 ExxonMbl NY 2.28 91.92 -.38 -0.4 8.4 SouthnCo NY 1.96 45.26 .21 0.5 -2.2 Facebook n Nasd ... 22.86 .86 3.9 -40.2 SprintNex NY ... 5.65 .39 7.4141.5 FIthSPac NY ... 13.44 -.24 -1.8 55.7 SPDR Fncl NY .25 15.83 -.38 -2.3 21.8 FlowrsFds NY .64 20.47 -.11 -0.5 7.9 Staples Nasd .44 12.36 .15 1.2 -11.0 FordM NY .20 10.40 -.13 -1.2 -3.3 Synovus NY .04 2.44 .01 0.4 73.0 FMCG NY 1.25 40.65 -1.99 4.7 10.5 TenetHlth NY ... 6.18 .42 7.3 20.5 Gannett NY .80 18.75 1.17 6.7 40.2 Torchmark NY .60 51.92 -.84 -1.6 19.7 GenElec NY .68 22.53 .42 1.9 25.8 USAirwy NY ... 10.67 .14 1.3110.5 GenMotors NY ... 24.80 .66 2.7 22.3 US OMFd NY ... 34.49 -2.35 -6.4 -9.5 GileadSci Nasd ... 67.76 5.74 9.3 65.6 VFCp NY 2.88 158.49 -5.84 -3.6 24.8 Grouponn Nasd ... 5.28 .01 0.2 -74.4 ValeSA NY 1.16 18.64 -.72 -3.7 -13.1 Halibrln NY .36 35.84 -1.60 4.3 3.9 VangEmg NY 1.44 42.66 -.57 -1.3 11.6 HewletIP NY .53 1 7.59 -.58 -3.2 -31.7 VerizonCm NY 2.06 45.64 1.11 2.5 13.8 Honda NY ... 33.34 -1.36 -3.9 9.1 VulcanM NY .04 48.49 -.68 -1.4 23.2 iShGold NY ... 17.27 .02 0.1 13.4 WalMarl NY 1.59 74.45 -.05 -0.1 24.6 iShBraz NY 1.48 55.93 -1.13 -2.0 -2.5 Weathllntl NY ... 13.54 -.29 -2.1 -7.5 iShJapn NY .20 9.35 -.11 -1.1 2.7 WellsFargo NY .88 34.97 -1.16 -3.2 26.9 iShSitver NY ... 33.48 -.12 -0.4 24.3 Yahoo Nasd ... 15.73 -.04 -0.2 -2.4 iShEMkts NY .82 41.78 -.60 -1.4 10.1 YumBrnds NY 1.34 68.52 1.96 2.9 16.1 iSEale NY 1.72 54.55 -.61 -1.1 10.1 Zyngan Nasd ... 3.24 .06 1.7 -65.6 Money Rates 1 1 Currencies Last PvsWeek Last Pvs Day Prime Rale 3.25 3.25 Australia .9568 .9576 Discount Rale 0.75 0.75 Britain 1 .6247 1.6211 Federal Funds Rale .00-.25 .00-.25 Canada 5771 .9766 Treasuries Euro J699 .7712 3-month 0.11 0.10 Japan 78J5 78.26 6-month 0.14 0.13 Mexico 12.8772 12.8698 5-year 0.67 0.71 Switzerlnd .9323 .9330 10-year 1.75 1.87 30-vear 2.94 2.94 British pound expressed in U.S. dollars. All others show dollar in foreign currency. Mutual Funds Total Assets Total ReturnRank Pet Mill Init Name Qbj (SWllns) NAV 4-wk 12-mo 5-year Load Invt PIMCO TotRetlB CI 165,689 11.57 1.9 9.9A 9.0A NL 1,000,000 Vanguard TotStldx x LB 73,450 36.34 3.6 27.6B 1.8A NL 3,000 Vanguard Instldxl LB 66,940 134.40 3.5 28.0A 1.4B NL 5,000,000 Fidelity Contra LG 59,603 80.60 4.6 22.8C 3.3B NL 2,500 Vanguard 500Adml x LB 58,280 134.57 3.5 27.9A 1.4B NL 10,000 American Funds CaplncBuA x IH 57,924 53.36 1.9 17.7A 1.0D 5.75 250 Vanguard TotStlAdm x LB 57,367 36.35 3.7 27.8A 1.9A NL 10,000 American Funds IncAmerA m MA 56,646 18.11 2.5 19.0A 2.4C 5.75 250 American Funds GrthAmA m LG 55,441 34.35 4.3 23.6B 0.5D 5.75 250 Vanguard InstPlus LB 47,245 134.41 3.5 28.0A 1.4B NL 200,000,000 American Funds CpWIdGrIA x WS 45,614 36.60 3.4 22.3A -0.7B 5.75 250 American Funds InvCoAmA m LB 45,204 31.17 2.5 25.9C 0.1C 5.75 250 American Funds WAMutlnvA x LV 40,289 31.62 2.2 24.3D 0.6B 5.75 250 FrankTemp-Franklin Income A m CA 40,234 2.25 2.3 17.9A 3.7C 4.25 1,000 Dodge & Cox Stock LV 39,531 121.63 3.6 30.9A -1.4D NL 2,500 Dodge & Cox IntlStk FB 37,039 33.50 4.6 18.9A -2.7B NL 2,500 Vanguard TotStllns x LB 36,484 36.35 3.6 27.8A 1.9A NL 5,000,000 Vanguard WelltnAdm MA 36,231 59.79 2.6 19.7A 4.1A NL 0 Vanguard TotBdAdml CI 34,522 11.16 0.7 4.2E 6.5C NL 10,000 Vanguard Totlntl x FB 34,325 14.50 3.9 14.4D -3.7B NL 3,000 American Funds BalA m MA 33,652 20.38 2.5 19.8A 3.3B 5.75 250 PIMCO TotRetAdm b CI 32,770 11.57 1.9 9.7A 8.7A NL 1,000,000 American Funds FnlnvA m LB 32,196 40.71 3.5 24.7C 0.8C 5.75 250 Vanguard MulntAdml Ml 29,612 14.35 0.7 6.9B 5.7B NL 0 American Funds NewPerspA m WS 29,428 30.84 3.7 21.1B 1.3A 5.75 250 American Funds EurPacGrA m FB 28,520 40.27 3.8 16.8B -1.4A 5.75 250 Harbor Intllnstl d FB 28,125 60.39 3.9 21.5A -1.0A NL 50,000 FrankTemp-Templeton GIBondAdv IB 28,066 13.32 1.5 11.1A 9.9A NL 50,000 PIMCO TotRetA m CI 27,085 11.57 1.9 9.5A 8.5A 3.75 1,000 Vanguard Welltn MA 26,876 34.61 2.5 19.6A 4.0A NL 3,000 T Rowe Price GrowStk LG 26,742 38.76 4.3 25.0B 3.0B NL 2,500 Vanguard 500lnv x LB 26,520 134.57 3.5 27.8A 1.2B NL 3,000 Dodge & Cox Income CI 25,622 13.91 1.1 7.1B 7.1B NL 2,500 BANKRUPTCIES The following are Chapter 7, known as straight bankruptcy or liquidation, or Chapter 13, called debt adjustment, bankruptcy cases filed Sept. 12-18, 2012, in the U.S. Bankruptcy Court for the Middle District of Alabama . Chapter 13 Carlos Romon Adkins: 320 Canna Drive, 36105 Kenneth J. and Rosa S. Albright: 70 Joshua Court, Deatsville, 36022 Bennie W. Bell Jr.: P.O. Box 681335, Pratt-ville, 36067 Glynn James and Donna Smith Black: 2760 U.S. 31 N., Deatsville, 36022 Julnita Morgan Gibbons Cook: 723 Bri-arcliff Place, Prattville, 36066 Tracy Ransom Cooks: 3746 Mosswood Road, 36116 Marsha F. Crowell: 4067 Faunsdale Drive, 36109 Terence Dawson: P.O. Box 6050, 36106 Mahala M. Dillard: 2833 6th St., 36108 Arimentha Harvey: 4045 Monterey Drive, 36116 Kimberly Joyce Hubbard: 3458 Hayden Drive, 36110 Barbara Huffman: 415 Arrowhead Drive, 36117 Brittany Renea Jackson: P.O. Box 677, Wetumpka, 36092 Marcia C. Jackson: 363 Bent Tree Court, Prattville, 36067 Domekki Terell and Kendra Wright James: 366 Canton Road, Millbrook, 36054 Leroy Jamison Jr.: 5624 New Harvest Drive, 36116 Carrie Wilson Johnson: 5323 Connie Circle, 36108 Stacey D. Johnson: 4450 Sandtown Road, Millbrook, 36054 Ellis J. and Yolanda S. Kirk Jr.: 273 Simmons Circle, Tallassee, 36078 Jeffery Mathews: 763 Whitehall Parkway, 36109 Patricia Meadows: 513 Morningview Drive, 36109 Kimberly Moore: 5704 Bradley Road, Wetumpka, 36092 Gregory Murphy: 3010 Renee Drive, 36116 Sharon Denece Overton: 2422 Spruce Curve, 36107 Courtney Gerard Pringle: 5671 Carriage Barn Lane, 36117 Nancy H. Scholl: 2271 Carter Hill Road, 36106 Vanessa Ann Siler: 6241 Eric Lane, 36116 Ashley M. Singley: 263 Happy Hollow Drive, 36109 Craig S. and Kim D. Thomas Sr.: 3162 Gatsby Lane, 36106 Dewayne Timmons: 318 W. Delano Ave., 36105 Beverly Warner: 836 North Pass Road, 36110 Gilbert Williams: 1331 Fox Hollow Road, 36109 Jenifer Williams: 4103 Oconee Drive, Apartment G, 36110 Chapter 7 Shannon Adams: 4552 Wimbledon Road, 36116 John C. and Tara A. Baker III: 75 Myrick Drive, Deatsville, 36022 Dawn Nicole Brown: 6610 E. Aberdeen Drive, 36116 Annie Capleton: 3138 Dobbs Drive, 36116 Timothy R. Graves: 114 Country Club Drive, Prattville, 36067 Amanda Harstad: 1633 Sandstone Court, 36117 Mary Ann Leshenski: 124 Oak Creek Circle, Prattville, 36067 Troy D. and Sally A. Myers: 2113 Briar wood Drive, Prattville, 36066 William Marlin Seymore Jr.: 217 Gardenia Court, Prattville, 36067 Lenora Ann Whatley: 256 Evelyn Drive, Apartment 207, 36109 LaTonya C. Williams: 4148 Fitzpatrick Blvd., 36116 TRI-COUNTY BUILDING PERMITS The following building permits were issued in the tri-county area during the week of Sept. 10-14, 2012. Montgomery Bob Allie Builder Inc.: erect rear addition to existing single-family residence at 1812 W. Astrid Place. Construction costs: $144,000. Foshee Design and Construction LLC: interior demolition to existing commercial building at 215 N. Court St. Construction costs: $50,000. Great Southern Builders: alterations to existing commercial structure for the purpose of a restaurant at 7921 Vaughn Road. Construction costs: $50,000. Lowder New Homes Inc.: erect single-family residence at 10615 Conor Place. Construction costs: $149,000. Lowder New Homes Inc.: erect single-family residence at 9012 Finsbury Court. Construction costs: $149,000. RF Pruett Construction Inc.: alterations to existing single-family residence at 3109 Boxwood Drive. Construction costs: $50,000. Prattville Goodwyn Building Co. Inc.: erect single-family residence at 1809 Cotton Blossom Way. Construction costs: $145,000. Goodwyn Building Co. Inc.: erect single-family residence at 1813 Cotton Blossom Way. Construction costs: $143,250. Landmark Construction and Development LLC: erect single-family residence at 1559 Fogarty Road. Construction costs: $353,325. Morrow Construction Co.: erect multifamily residence at 790 Old Quarters Road. Construction costs: $17,568,980. Stone Martin Builders LLC: erect single-family residence at 751 Glennbrooke Blvd. Construction costs: $399,599. Stone Martin Builders LLC: erect single-family residence at 759 Glennbrooke Blvd. Construction costs: $333,428. Stone Martin Builders LLC: erect single-family residence at 764 Glennbrooke Blvd. Construction costs: $407,729. Smithsonian plans first ad campaign to broaden reach By Brett Zongker Associated Press WASHINGTON The most-visited museums in the U.S. are about to launch their first-ever national advertising campaign to connect more people with the Smithsonian Institution online, in schools or in the museums themselves. The 166-year-old museum complex unveiled its ad strategy Thursday with a new tagline declaring the Smithsonian and its research are "Seriously Amazing" for learning. The goal is to reintroduce the museums as more than once-in-a-lifetime destinations. By October, ads will appear on websites nationwide and on buses and billboards in five cities: New York, Chicago, San Francisco, Los Angeles and Washington. The ads feature a diverse set of young characters posing quirky questions that can be answered at the website SeriouslyAmazing-.com. One question reads: "What exactly does a bear do in the woods?" An online link will feature live cameras at Smithsonian research stations in the wild. Another asks: "What has given us water from Mars and daggers from India?" The Smithsonian spent How Is hip-hop like the microchip? When Is it OK to drop the ball during an election? What has given us water from Mars and daggers from India? What Is part man, part fish, a" lirtBX? What masterpiece not only fills a room - it is the room? 5 Or What exactly does a bear do in the woods? What can mimic a bug or whack you in the face to get what it wants? Questions come alive at serinuslyatn azing.com SmiQiscmulii Seriously Amazing' The Smithsonian Institution is about to launch its first-ever national advertising campaign to connect more people to the Smithsonian Institution online, ap $1 million developing a brand strategy two years ago. The new ad campaign cost an additional $1.4 million, paid for by a mix of private and federal funds. While the museums are on track to host 30 million people this year, Smithsonian Secretary Wayne Clough said he wants to make sure they will be relevant to young people in 10 years and beyond. "What we're trying to do is to get people to bet ter understand the entire proposition of the Smithsonian," he said, adding that many don't know about its vast research offerings, such as the Smithsonian Astrophysi-cal Observatory in Cambridge, Mass., the Smithsonian Tropical Research Center in Panama, or its many lesson plans for teachers. The Smithsonian surveyed 1,200 people nationwide and found it has high name recognition at 89 percent, and 51 percent said they had visited the Smithsonian at least once. Its reputation began to sag, though, among younger people and ethnic and racial minorities. "Are we sure, that 10 years from now, that young Latinos are going to be coming to the Smithsonian?" Clough said. "Well, maybe not unless we connect with them now." Fed officials signal broad support for doing more By Martin Crutsinger Associated Press WASHINGTON Several Federal Reserve officials have made it clear that Chairman Ben Ber-nanke commands broad support for the Fed's plan to continue stimulating the U.S. economy if hiring doesn't pick up. As Vice Chairman William Dudley put it in a speech: "If you're trying to get a car moving that is stuck in the mud, you don't stop pushing the moment the wheels start turning you keep push ing until the car is rolling and clearly free." Earlier this month, the Fed said it would spend $40 billion a month to buy mortgage bonds to try to make home buying more affordable. And it signaled that the economy would receive help from the Fed even after the recovery strengthens. Dennis Lockhart, president of the Atlanta Federal Reserve Bank, stressed that the new round of bond purchases would continue until the job market improves, and "if we do not see improve ment, more action may be taken." Eric Rosengren, president of the Boston Federal Reserve Bank, said he was pleased that the Fed's policy committee was "willing to take difficult actions like these rather than accept the possibility of a long, slow recovery turning into a stagnation that someday earns the dubious title of 'Great.' " A smaller group of Fed officials have expressed concern that continued stimulative action by the Fed is elevating the risk of high inflation later.

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