Fed Official Essentially Calls For Dimon To Leave New York Fed
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...
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...
Mitch Feierstein | Posted 05.07.2012
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.
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...
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...
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...
Asher Edelman | Posted 04.19.2012
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...
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...
Mohamed A. El-Erian | Posted 04.06.2012
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.
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,...
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...
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...
Robert Reich | Posted 05.29.2012
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."
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...
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...
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...
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...
Adam Levin | Posted 05.14.2012
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.
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...
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 ...
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...
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 ...
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...
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...
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...
L. Randall Wray | Posted 04.17.2012
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.
The Huffington Post | Mark Gongloff | Posted 05.24.2012