Fed

Fed Official Essentially Calls For Dimon To Leave New York Fed

The Huffington Post | Mark Gongloff | Posted 05.24.2012

Don't worry, Jamie Dimon. Even in the Facebook mess, you are not forgotten. Kansas City Federal Reserve President Esther George on Thursday said in...

The View From the Rooftops

Mitch Feierstein | Posted 05.07.2012

Mitch Feierstein

Shareholders need to take a hit. That way, the ground will be cleared for better managed companies and stockholders will be reminded about the responsibilities of ownership. And central bankers should take responsibility too.

Rubio Campaign In Hot Water

AP | Posted 04.29.2012

WASHINGTON -- The Senate campaign of Florida Republican Marco Rubio has agreed to pay an $8,000 fine for accepting slightly more than $210,000 in impr...

Bernanke: Fed Can't Handle Taxmageddon

The Huffington Post | Mark Gongloff | Posted 04.25.2012

Ben Bernanke warned the Federal Reserve would be powerless to keep the economy from disaster if Congress fails to keep the country from falling off wh...

Krugman: Chairman Bernanke Should Listen To Professor Bernanke

New York Times | Posted 04.24.2012

When the financial crisis struck in 2008, many economists took comfort in at least one aspect of the situation: the best possible person, Ben Bernanke...

AGHAST -- A Four-Year Review of Musings and Musings on the Present

Asher Edelman | Posted 04.19.2012

Asher Edelman

April 8, 2008 I said the financial system would need at least 100 times the $30 billion advertised by the Fed as the ultimate need to save the syst...

Ryan Grim

Fed Officials Leave For Wall Street With Privileged Info

HuffingtonPost.com | Ryan Grim | Posted 04.16.2012

WASHINGTON -- The Federal Reserve may be making an effort to open up some of its famously opaque decision making, but the newfound interest in transpa...

Markets Wake Up to Central Banks' Complicated Tradeoffs

Mohamed A. El-Erian | Posted 04.06.2012

Mohamed A. El-Erian

This week's market action serves as a vivid reminder of how dependent valuations are on central bank policies. The question for markets thus boils down to whether central banks will do more; and the issues these institutions face are extremely and increasingly complex.

I CAN HAZ MOAR STIMULUS NOW?

The Huffington Post | Mark Gongloff | Posted 04.04.2012

The stock market needs a liquidity fix something awful. For the second straight day, stocks are selling off hard -- harder than they did yesterday,...

Waaahhh, Say Markets

The Huffington Post | Mark Gongloff | Posted 04.03.2012

Financial markets are throwing a little tantrum today. What's got them all worked up? The minutes of the latest Federal Reserve policy meeting made...

Fed Cleared Of Wild Allegations Related To Saddam, Watergate

Posted 04.03.2012

By Dave Clarke and Margaret Chadbourn The Federal Reserve did not help the Watergate burglars get cash, stonewall congressional inquiries in th...

Break Up the Big Banks, Says the Dallas Fed

Robert Reich | Posted 05.29.2012

Robert Reich

The Dallas Fed argues that the Fed's easy money policy can't be much help to the U.S. economy as long as Wall Street is "still clogged with toxic assets accumulated in the boom years." So what's the answer? It's "breaking up the nation's biggest banks into smaller units."

Wall Street's Addiction To Free Money On Full Display

The Huffington Post | Mark Gongloff | Posted 03.26.2012

Wall Street's addiction to free money is on full display today. The Dow Jones Industrial Average was up more than 100 points at lunchtime on the Ea...

Bernanke: These Are Not The Zombie Banks You're Looking For

The Huffington Post | Mark Gongloff | Posted 03.21.2012

When it comes to making the markets feel confident in banks, Ben Bernanke is a Jedi master. On Wednesday the Fed chairman, who shares facial-hair c...

11 Iconic Companies Less Profitable Than The Federal Reserve

The Huffington Post | Bonnie Kavoussi | Posted 03.21.2012

Having a lender of last resort apparently pays off. The Federal Reserve now is one of the most profitable institutions in the country, and it is givin...

Zach Carter

Wall Street Speculation Drove Oil Price Spike Higher, Federal Reserve Study Finds

HuffingtonPost.com | Zach Carter | Posted 03.21.2012

WASHINGTON -- Two economists at the St. Louis Federal Reserve have published findings that indicate that Wall Street speculation is responsible for 15...

Flipping the Bird: Is the Fed on Twitter a Horrible Idea?

Adam Levin | Posted 05.14.2012

Adam Levin

Even the farsighted Founding Fathers could not have foreseen this -- the Fed is now on Twitter! Just think of the possibilities -- one fine Friday any Fed functionary could foment a world crisis in 140 characters or less! It could be as simple as a typo.

What Can Ben Do For You?

The Huffington Post | Mark Gongloff | Posted 03.13.2012

Here comes your nineteenth nervous breakdown. But first, here come the seven and a half things you need to know today: Thing One: Fed Up: Once upon...

Banks Choose Lending To Uncle Sam Instead Of You

The Huffington Post | Mark Gongloff | Posted 03.12.2012

If banks are doing so great, then why are they lending money to Uncle Sam instead of to you? U.S. banks bought more Treasury debt and bonds issued ...

These Three Words Are Causing A Pavlovian Stock Rally Today

The Huffington Post | Mark Gongloff | Posted 03.07.2012

Just how addicted is the stock market to the Fed's easy money? We just got a prime example. Late Wednesday morning, stocks were meandering along, n...

Zach Carter

Swipe Fee Fallout Has Small Banks Relishing Rare Advantage Over Wall Street

HuffingtonPost.com | Zach Carter | Posted 03.02.2012

Last year's wild legislative melee over debit card swipe fees featured a curious contradiction: Although big Wall Street banks stood to lose the most ...

Report: Fed Ignored Warnings During Critical Period

Posted 03.02.2012

By Jesse Eisinger, ProPublica In early November 2010, as the Federal Reserve began to weigh whether the nation's biggest financial firms were healt...

Blame Ben: Seven And A Half Things To Know

The Huffington Post | Mark Gongloff | Posted 02.29.2012

Leap Day comes along only once every four years, but you need to know seven and a half things every day. Here's your daily allotment: Thing One: Al...

Zach Carter

CFPB Crowdsources Nominations For Key Advisory Posts

HuffingtonPost.com | Zach Carter | Posted 02.23.2012

WASHINGTON -- In a significant break with traditional federal policy, the new Consumer Financial Protection Bureau is appealing directly to the public...

Let's Make a Deal: The Bail-Out of Wall Street in Unusual and Exigent Circumstances

L. Randall Wray | Posted 04.17.2012

L. Randall Wray

There is little doubt that the global financial crisis posed "unusual and exigent" circumstances that had to be met with a huge response by the Fed (and Treasury). It is not clear, however, that the response actually mounted was legal. It was certainly not transparent.