The two year recession

"If actions taken by the administration, the Congress, and the Federal Reserve are successful in restoring some measure of financial stability -- and only if that is the case, in my view -- there is a reasonable prospect that the current recession will end in 2009 and that 2010 will be a year of recovery,"
Ben Bernanke

The NBER has already dated the beginning of the recession as late 2007. So, if Bernanke is right; and I think he might be; the US could be looking at a 8-9 quarter recession.