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Central Bank

Federal Reserve Earns Record Profits, Largely From Investments In Economy, Banks

Reuters | Posted 05.25.2011 | Business

The Federal Reserve earned a record $81.7 billion in 2010, largely on investments made to help the economy and banks weather the 2007-2009 financi...

What We Can Learn From Central Banks About Managing Our Wealth

Gemma Godfrey | Posted 05.25.2011 | Business
Gemma Godfrey

These trade wars are turning into foreign exchange market turbulence. So what are these so-called "currency wars"? And what can we learn from them?

Zach Carter

Fed Official Calls For Major Foreclosure Reforms

HuffingtonPost.com | Zach Carter | Posted 05.25.2011 | Politics

WASHINGTON -- A top federal regulator told bankers on Friday that a major investigation into Wall Street's foreclosure system has revealed a "broken" ...

The Next Generation of Kentucky's Political Leadership

Don McNay | Posted 05.25.2011 | Politics
Don McNay

I recently asked a number of people in the "political know" of Kentucky the question. "Who do you see emerging as the next leaders of Kentucky?"

Armenians Sue Turkey Claiming U.S. Air Base Land

Harut Sassounian | Posted 05.25.2011 | World
Harut Sassounian

Over the years, Armenian-Americans have gradually shifted their attention from demanding recognition of the Armenian Genocide to pursuing various lega...

The Rupee Road to Riches

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

U.S. tourists frequently tell me about the mass poverty they see in India. There's no denying that. But for now, the opportunity to go from rags to riches is there.

DK Matai | Posted 05.25.2011 | Business
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

Federal Reserve, Bloomberg Lawsuit: Court Rules Fed Must Reveal Details Of Secret Bank Bailout

bloomberg.com | David Glovin and Bob Van Voris | Posted 05.25.2011 | Business

March 19 (Bloomberg) -- The Federal Reserve Board must disclose documents identifying financial firms that might have collapsed without the largest ev...

Why the United States Might Lose its AAA Rating

Georges Ugeux | Posted 05.25.2011 | Home
Georges Ugeux

A downgrade of the AAA rating of the United States would have profound consequences on our international reputation and leadership. We certainly do not need the aggravation.

Failure is Not an Option For Europe

Georges Ugeux | Posted 05.25.2011 | World
Georges Ugeux

The relationship between Germany and Greece has never been an easy one. Greece is not asking for money from Germany but rather its political support.

Central Bank Independence: From Whom?

Mark Weisbrot | Posted 05.25.2011 | Business
Mark Weisbrot

The argument for an independent central bank is more purely an elitist argument. It really boils down to the idea that monetary policy is too important for the "uneducated" masses to have an influence over it.

Ryan Grim

Dodd Opposes Fed Audit

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Business

Senate Banking Committee Chairman Chris Dodd opposes including a provision to audit the Federal Reserve in the Senate's regulatory reform package, the...

Federal Reserve's

washingtonpost.com | Binyamin Appelbaum and David Cho | Posted 05.25.2011 | Business

Just as the Fed had failed to protect borrowers from the consequences of subprime lending, so too had it failed to protect banks. The central bank'...

Federal Reserve Audit And Financial Reform Bill Heads To Key Vote In House Banking Panel

AP | JIM KUHNHENN | Posted 05.25.2011 | Business

WASHINGTON — House Democrats cleared a crucial hurdle Wednesday in their drive to expand the government's power over Wall Street even as black l...

Fed Gaining Complete Control Over Money Supply

Michael Pento | Posted 05.25.2011 | Business
Michael Pento

We may now be abdicating complete control of our money supply to the government.

Bear Stearns Rescue Backed Amid Concerns

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — Federal Reserve Chairman Ben Bernanke and the Bush administration on Thursday defended the decision to rescue Bear Stearns amid que...

Fed Offers $100 Billion More to Banks

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — The Federal Reserve announced Friday it will auction an additional $100 billion in April to cash-strapped banks as it continues to ...

Stocks Soar, Dow Rises 420 Points

AP | MADLEN READ | Posted 05.25.2011 | Business

NEW YORK — Wall Street stormed higher Tuesday as investors, optimistic following stronger-than-expected earnings from two big investment banks, ...

Fed Acts To Ease Strain On U.S. Economy

New York Times | Edmund L. Andrews | Posted 05.25.2011 | Business

Impelled to take extraordinary measures for the second time in less than a week, the Federal Reserve moved on Tuesday to subdue the deepening crisis i...

How The Fed Influences Your Life

The Week | Posted 05.25.2011 | Business

With the economy teetering on recession, the nation's central bank recently took the unprecedented step of lowering interest rates twice in three week...

Fed Auctions Another $20 Billion In Funds To Banks

AP | Martin Crutsinger | Posted 05.25.2011 | Business

The Federal Reserve, working to combat the effects of a severe credit crunch, announced Friday it had auctioned another $20 billion in funds to commer...