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- Where's My Bailout?
- Brooke and Sally want some of the bailout love.
- Videos 2008-11-20
- AIG Receives Billions More
- The insurance giant AIG blew through $189,000 a minute last year despite their $150 billion bailout. If AIG is such a money drain, why did the fed hand out another $30 billion? Nancy Cordes reports.
- Videos 2009-04-15
- Obama's Upbeat Message
- The White House is putting out a more positive message about the economy after Fed chairman Ben Bernanke suggested the recession may end this year. Bill Plante reports.
- Videos 2009-03-15
- Why Credit Card Regulation Is Broken
- Until recently, regulators routinely looked the other way as credit card issuers ensnared unwitting consumers with huge finance charges and penalties. So how did credit card regulation become so broken? Here's a brief history of the slippery practices of the industry. How...
- Articles 2009-04-15
- Bailed Out Banks Turn Profit
- In the midst of a lengthened recession, banks receiving Government aid, such as Citibank, are actually reporting billions of dollars in profits for the first quarter of 2009. Kelly Wallace reports.
- Videos 2009-04-17
- An End to the Recession?
- In his first 100 days, President Obama has attacked the worst financial crisis since the Depression. The verdict from the Federal Reserve: the economy "has improved modestly."
- Videos 2009-04-29
Additional Resources
- Senate plan sharply curtails Fed's role
- By Mark Felsenthal of Reuters WASHINGTON – The US Federal Reserve's powers would be sharply curtailed and politics would creep deeper into the central bank system under a proposal unveiled by the head of the Senate Banking Committee. In a far-reaching plan aimed at correcting flaws in financial regulation after...
- News items 2009-11-10
- The Fed Fears Deflation More Than Inflation
- In his interesting post, Scott Sumner argues that deflation is more likely than inflation, and that if it occurred, it would damage the economy by effectively raising labor costs to firms, forcing them to lay off more people and worsening our unemployment problems. In contrast, I view deflation as less...
- Blog posts 2009-06-29
- The Fed's Monetary Policy Has Veered Off Course
- Although the risk of deflation has receded in recent months, Fed policy is still too contractionary for the needs of the economy, as the money supply has not kept up with increases in money demand. Two percent inflation is the goal Both Lee Ohanian...
- Blog posts 2009-06-30
- Executive Compensation: Why the Fed Should Steer Clear of Banker Pay
- The Fed is proposing to get involved in overseeing pay at the nation's banks in order to reduce risk in the financial system. But executive pay isn't really the right issue to focus on. Feinberg’s proposals to shift a portion of executive salaries into stock options that would...
- Articles 2009-10-06
- Ron Paul Wants to Shine More Light on the Fed
- A rabble-rousing pol from East Texas, accusing the Federal Reserve of fealty to Wall Street, seeks to bring the ostensibly autonomous agency under political control once and for all. Come on down, Ron Paul! Actually, try Wright Patman, circa 1963. The longtime congressman for decades attacked the...
- Blog posts 2009-07-21
- What's Wrong With the Dodd Proposal to Restructure the Fed
- A proposal from Senate Banking Committee Chairman Christopher Dodd changes the selection process for key positions within the Federal Reserve system. Unfortunately, this proposal makes the selection process worse, not better. If this proposal is passed into law, it would further concentrate power within the Federal...
- Blog posts 2009-11-20
- Fed Seen on Hold as Outlook Uncertain
- By Kristina CookeNEW YORK (Reuters) - The U.S. economy may have turned a corner after the deepest recession in some 70 years, but Federal Reserve policymakers appear to be in no rush to raise interest rates.The Fed is widely expected to keep its benchmark interest rate where it has been...
- News items 2009-11-01
- Fed Officials Differ on Recovery's Pace
- By Mark FelsenthalRICHMOND, Virginia (Reuters) - Top Federal Reserve officials on Tuesday struck differing notes on the likely pace of the U.S. economic recovery and one warned that pockets of weakness must not deter the central bank from withdrawing its extraordinary economic support.Jeffrey Lacker, the president of the Richmond Federal...
- News items 2009-11-17
- Fed Officials Differ on Recovery's Pace
- By Mark FelsenthalRICHMOND, Virginia (Reuters UK) - Top Federal Reserve officials on Tuesday struck differing notes on the likely pace of the U.S. economic recovery and one warned that pockets of weakness must not deter the central bank from withdrawing its extraordinary economic support.Jeffrey Lacker, the president of the Richmond...
- News items 2009-11-17
- Fed Officials Cautious on U.S. Economic Recovery
- By Kristina CookeATLANTA (Reuters) - Three top Federal Reserve officials on Tuesday struck a cautious note on the U.S. economy, citing high unemployment, heavy reliance on government support and commercial real estate woes as hurdles to recovery.Speaking less than a week after the Fed left interest rates unchanged at near...
- News items 2009-11-10
- The Fed's Comments Last Week, and the Market's Reaction Since
- The Bernanke era of the Federal Reserve will be remembered by economists and investors for many reasons, but the most flattering is that the Bernanke regime avoids mumbo-jumbo in explaining what it's up to. In its statement last week on the recent Federal Open Market Committee FOMC meeting, the Fed...
- Blog posts 2009-11-09
- Fed Bailout Rejected, Now What's Going To Happen?
- Fed Bailout Rejected, Now What's Going To Happen?RE: Fed Bailout Rejected, Now What's Going To Happen?bailout was obviously a poor idea, you cannot spoon feed corporates who cannot look after themselves. They pay fancy salaries to their talentless managers & ceo's & if this is what they stand for they...
- Discussion threads 2008-09-30
- Fed Marks End of Deflation Fears
- The Federal Reserve is signaling that deflation, one of the great economic fears of the last year, is no longer a threat. That seems to indicate the Fed now feels confident that we won't have another depression along the lines of the downturn in the 1930s. You'd...
- Blog posts 2009-06-25
- Analysis: The Fed's Rate Decision and Exit Strategy
- Editor's Note: Economist Mark Thoma is guest-blogging for The Macro View this week. After its rate setting meeting today, the Fed announced that it "will maintain the target range for the federal funds rate at 0 to 1/4 percent," and that it "continues to anticipate that economic...
- Blog posts 2009-09-23
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