Topic: Ben Bernanke
WASHINGTON (Reuters) - The following are highlights from a congressional Joint Economic Committee hearing on Tuesday with Federal Reserve Chairman Ben Bernanke testifying on the economic outlook.US ECONOMY CLOSE TO FALTERING"The economy is close, the recovery is close to faltering. We need ...
The article reports on the insistency of the U.S. Senate Banking Committee leaders regarding the modification of the $700 billion bailout proposed by U.S. President George W. Bush's administration. Excerpt from Article: Senate OKs package that includes PABs for Ike victims Page ...
The losses continued, despite economic assurances from Citi CEO Vikram Pandit, and continued statements about government commitment to the banking system by Bernanke, Treasury Secretary Tim Geithner, and President Obama. Bernanke has been somewhat less guarded than Geithner in statements relating to ...
By Bruce BieberBieberella's fatherThe economy is bouncing back.At least consider that American banks are turning around their losses; they want you to believe that.Many ARE happily exiting the TARP bailout (aka the Troubled Assets Relief Program) because of their amazing new ability ...
I was recently invited to speak on the topic of "Whether the Obama administration's policies are making the recession worse" and asked to recommend someone to appear with me who would take the opposite position from mine. The huge stimulus program was ...
I firmly believe that Ben Bernanke and I share a common viewpoint. As of this writing, there seems to be little chance that President Obama and his colleagues in the Senate and Congress will extend the Bush Administration's tax cuts.. It's almost ...
Bernanke to testify on 'too big to fail' banks at financial crisis inquiry panel this weekFederal Chairman Ben Bernanke will testify this week about his role in the bank bailouts that sent billions of taxpayer dollars to banks deemed "too big to ...
Bill Watkins, a California Lutheran University professor, provides a nice summary on New Geography of the failure of various stimulus efforts to do anything meaningful in the wake of a collapse by Lehman, a collapse he says is a " Looking for ...
This is Part 3 of a four part article that deals with what I feel is the primary question investors must now answer: Declining U.S. consumer demand will continue to negatively impact the world economy. After years of bingeing on debt, U.S. ...
This is Part 3 of a four part article that deals with what I feel is the primary question investors must now answer: Declining U.S. consumer demand will continue to negatively impact the world economy. After years of bingeing on debt, U.S. ...