Donald Kohn

My Response to the Fed's IG

Robert Auerbach | Posted 07.23.2011

Robert Auerbach

Robert Auerbach's response to the Federal Reserve's IG request.

The Bernanke Fed Plans to Give Large Banks Billion Dollar Annuities

Robert Auerbach | Posted 05.29.2011

Robert Auerbach

What I once described as "Malpractice at the Bernanke Federal Reserve" has now turned into billion dollar annuities to the stock holders of the large banks.

The Federal Reserve's $3.3 Trillion Insider Loans Follow a History of Corrupt Practices

Robert Auerbach | Posted 05.25.2011

Robert Auerbach

There must be checks and balances for the Fed's activities. If the CIA can inform Congress, why should the Fed be exempt?

Donald Kohn: Fed Should Consider More Stimulus

New York Times | Posted 05.25.2011

The former vice chairman of the Federal Reserve, who retired last week after 40 years at the central bank, says that the economy is in "a slow slog ou...

Obama Chooses Janet Yellen as Vice President of Federal Reserve

AP | DARLENE SUPERVILLE | Posted 05.25.2011

WASHINGTON — Putting a bigger stamp on the Federal Reserve, President Barack Obama on Thursday chose Janet Yellen as vice chairwoman of the cent...

Sheila Bair

dealbreaker.com | Zachery Kouwe | Posted 05.25.2011

Dealbreaker published a copy of an August 2008 email OTS Director John Reich sent to Sheila Bair after she emailed him about her desire to "discuss co...

Janet Yellen Tapped By Obama As Fed Vice Chairman

AP | JEANNINE AVERSA and JIM KUHNHENN | Posted 05.25.2011

WASHINGTON — President Barack Obama's likely choice of Janet Yellen to become vice chairman of the Federal Reserve would favor a policy that str...

Donald Kohn, Federal Reserve's Vice Chairman Is Stepping Down, Giving Obama An Opening

AP | JEANNINE AVERSA | Posted 05.25.2011

WASHINGTON — Federal Reserve Vice Chairman Donald Kohn's decision to step down at the end of June gives President Barack Obama a chance to put a...

AIG Bailout: 2 Fed Governors Warned Against 'Gifts' To Banks, Documents Show

New York Times | GRETCHEN MORGENSON and LOUISE STORY | Posted 05.25.2011

Weeks after rescuing the American International Group with an $85 billion taxpayer loan in late 2008, Federal Reserve Board officials rejected a propo...

Shahien Nasiripour

Who Will Replace Bernanke: If He Goes, Who's Next?

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Should the Senate decline to confirm Federal Reserve chairman Ben Bernanke for a second term, here's a list of possible candidates to replace him: Do...

Stop the Federal Reserve From Shredding Its Records

Robert Auerbach | Posted 05.25.2011

Robert Auerbach

The Fed's shredding practices allow unelected Fed officials who have immense power over our economy to bypass the Congressional appropriation process and any meaningful method of checks and balances.

Bernanke's Confirmation Hearing: Questions Senators Should Ask The Fed Chairman

Posted 05.25.2011

The Senate Banking Committee will be chatting with Ben Bernanke this Thursday to vote on his reappointment. Demand that the Committee ask the followi...

Donald Kohn: Fed To Keep Interest Rates Near Zero

CNBC | Posted 05.25.2011

The U.S. Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a steep decline and app...

Ryan Grim

Fed Official Confronted Over Bailout Spending Secrecy (VIDEO)

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Where's the bailout money going? If the federal government told you, then banks might stop taking it. That's the argument made by Federal Reserve Vic...

Stocks Leap On Rumor Of Interest Rate Cut

AP | Madlen Read | Posted 05.25.2011

Wall Street jumped in early trading Wednesday, driving the Dow Jones industrials up more than 100 points after a top Federal Reserve official hinted t...

Wall Street Continues To Soar On Fed Cut Hopes

AP | Madlen Read | Posted 05.25.2011

Wall Street barreled higher Wednesday, driving the Dow Jones industrials up more than 300 points after a Federal Reserve official hinted that the cent...