One Fed President's Radical Idea To Punish Banks
Dallas Federal Reserve President Richard Fisher delivered a May Day gift to Occupy Wall Street. Fisher, who has argued repeatedly for the end of to...
Dallas Federal Reserve President Richard Fisher delivered a May Day gift to Occupy Wall Street. Fisher, who has argued repeatedly for the end of to...
The Los Angeles Times | Amina Khan | Posted 03.12.2012
The chest-high rack of electronics Justin Kasper is assembling in a Massachusetts office park will fit in a shoe box before he's done. It won't be ...
HuffingtonPost.com | William Alden | Posted 10.17.2011
NEW YORK -- As the Federal Reserve attempts to stimulate the economy and avert a new recession, one of the central bank's most basic tools isn't worki...
HuffingtonPost.com | Shahien Nasiripour | Posted 10.17.2011
NEW YORK -- Investors will likely view the Federal Reserve's recent decision to keep short-term lending rates near zero for the next two years as part...
Reuters | Paul Carrel, Mark Felsenthal, Pedro da Costa, David Milliken and Alan Wheatley | Posted 05.25.2011
By Paul Carrel, Mark Felsenthal, Pedro da Costa, David Milliken and Alan Wheatley FRANKFURT/WASHINGTON - On a warm, Lisbon day last May, Jean-Clau...
Reuters | Dave Clark | Posted 05.25.2011
SAN DIEGO - New financial regulatory reforms should help reduce the edge that large banks have over smaller ones because of their implicit support f...
Reuters | Kim Palmer and Sakari Suoninen | Posted 05.25.2011
AKRON, Ohio/FRANKFURT - The U.S. recovery is gaining traction, two top Federal Reserve officials said on Tuesday, though they differed on the risks ...
Dylan Ratigan | Posted 05.25.2011
It is the committee of American central bankers who decide who gets money, and who doesn't. And it's been quite a long time since they decided in favor of American workers instead of Wall Street and China.
The Huffington Post | William Alden | Posted 05.25.2011
The Federal Reserve can't save the economy without help from other parts of the government, Federal Reserve Bank of Dallas president Richard Fisher sa...
HuffingtonPost.com | Shahien Nasiripour | Posted 06.25.2010
This report was updated Friday at 10:25 a.m. ET and on Monday at 2:45 p.m. ET (see below). After nearly 20 hours over two final days filled with back...
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
Referring to the danger posed by megabanks as one that's able to spread "debilitating viruses throughout the financial world," a second top Federal Re...
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
A third top Fed official is calling for megabanks to be broken up. James Bullard, president and chief executive of the Federal Reserve Bank of St. Lo...
HuffingtonPost.com | Shahien Nasiripour | Posted 06.14.2010
A Senate proposal to force banks to shed their lucrative yet risk-laden derivatives units -- which is vehemently opposed by Wall Street -- is gaining ...
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
Another top Federal Reserve official offered his support this week to a Senate provision that would force megabanks to spin off their lucrative and ri...
Simon Johnson | Posted 05.25.2011
If the legislation currently being debated by the legislature is not real financial reform (and it is not, according to Fisher), then our current policy trajectory amounts to facilitating further rounds of financial dementia.
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
A top Federal Reserve official blasted the Senate's financial reform bill Thursday night, arguing that it does little to end the perception that megab...
bloomberg.com | Scott Lanman and Michael McKee | Posted 05.25.2011
March 3 (Bloomberg) -- Federal Reserve Bank of Dallas President Richard Fisher called for an international pact to break up banks whose collapse would...
James Kwak | Posted 05.25.2011
Seen in an abstract light, we can have no assurance that any new regulations will actually work to prevent a financial crisis or defuse one, so the safer option is to break up the big banks.
Michael Pento | Posted 05.25.2011
Americans must hope that the Obama administration is honest with the people and makes some difficult choices early in his tenure to deal with our growing annual deficits and long term debt.
AP | JEANNINE AVERSA | Posted 05.25.2011
WASHINGTON — Ben Bernanke's juggling act has gotten harder. The Federal Reserve chairman has been taking extraordinary steps to prevent credit,...
The Huffington Post | Mark Gongloff | Posted 05.01.2012