Fed

Proposals In House Would Curb 'Too Big To Fail' Banks, Firms

Wall Street Journal | DAMIAN PALETTA and MICHAEL R. CRITTENDEN | Posted 11.09.2009 | Politics

Read More: Fed, Geithner, Timothy Geithner, Sec, Larry Summers, Too Big to Ail, Lobbying, Bank of America, Lobbyists, Chase, Paulson, Economy, Metlife, Regulation, JP Morgan, Obama, Democrats, Prudential, Recession, Barney Frank, House, Senate, House Financial Services Committee, Henry Paulson, White House, Treasury, Hank Paulson, Kanjorski, JP Morgan Chase, Republicans, Politics News

Democrats are advancing proposals in Congress designed to limit the size and complexity of financial companies so that any collapse wouldn't damage th...

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Big Pharma's Crime Spree: Drug Makers Pushing Products For Unapproved Uses

Bloomberg | David Evans | Posted 11.09.2009 | Business

Read More: Big Pharma, Alzheimer's Disease, Unapproved Uses, Doj, Drug Marketers, Criminal Lawsuit, Eli Lilly, Regulation, Fda, The Fed, Lawsuit, Pharma, Nimh, Jama, Department of Justice, Kickbacks, Federal Reserve, Fed, Bristol-Myers Squibb, Warner Lambert, Marketing, Warner-Lambert, Neurontin, Thalidomide, Depression, Bankruptcy, Off-Label Promotion, Zyprexa, Bextra, Suicide, Lilly Pfizer, Pharmacia and Upjohn, Felonies, Pharmacia & Upjohn, Bristol Myers Squibb, Morning Sickness, Drug Regulation, Profits, Health, Drug Sales, Corporate Greed, Atom Strategic Consulting, Birth Defects, Zyvox, Business News

Pfizer and Lilly lead a parade of U.S. companies that have paid $7 billion in penalties after promoting drugs for uses not approved by the FDA. This u...

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Congress and TBTF: Bring in the Bomb Squad

Joshua Rosner | Posted 10.29.2009 | Business

Read More: Fed, Tbtf, Finance, Regulation, Treasury, Congress, Obama, Fannie and Freddie, Contingent Capital, Business News

This bill is one more act of sleight of hand by a Congress that, to the detriment of the public, fails to see that banks are there to serve the public good and can be regulated with such a goal.

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Bernanke's Conferences At Luxury Resorts: Do Lobbyists Show Up?

HuffingtonPost.com | Arthur Delaney | Posted 10.28.2009 | Business

Read More: Transparency, Lobbyblog, Lobbying, Fed, Federal Reserve, Bernanke Resort, Fed Resort, Bernanke Bacara, Business News

Federal Reserve Chairman Ben Bernanke has been spending some time at fancy places. Last week, Bernanke spoke at a Fed conference at a luxurious resort...

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Happy Halloween: Pay Curbs are a Trick on the Taxpayer, Not a Treat

Marshall Auerback | Posted 10.27.2009 | Politics

Read More: Halloween, Tbtf, Chrysler, Derivatives, Fed, Treasury, Citibank, Aig, Obama, Ben Bernanke, Happy Halloween, Politics News

The new pay regulations are ostensibly designed to try to align the financial incentives of managers with the longer-term performance of their firms. This measure reeks of bogus populism.

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How The US Blew The Trillion-Dollar Trade Of The Century

Bloomberg | Mark Fisher | Posted 10.26.2009 | Business

Read More: Geithner, John Thain, Hank Paulson, The Logical Trader, Bush, Bill Gross, Paulson, Bailouts, Economic Crisis, Bank of America, Aig, Obama, Bofa, Taxpayers, Barack Obama, Recession, Mark Fisher, Warren Buffet, Merrill Lynch, Wall Street, Bailout, Finance, Lehman Brothers, Fed, Tim Geithner, Bernanke, Treasury, Banks, Ben Bernanke, Business News

When the government was forced to bail out the financial system, our friends in Washington also had the opportunity to make the trade of the century f...

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GOP Sen. Shelby: Reorganize The Fed

HuffingtonPost.com | Ryan Grim | Posted 10.22.2009 | Politics

Read More: Audit the Fed, Fed, Fed Audit, Shelby Fed, Federal Reserve, Financial Crisis, Richard Shelby, Fed Conflict of Interest, Politics News

The directors of the Federal Reserve regional banks are selected by the very banks that the Fed is supposed to regulate. It's a bizarre entanglement o...

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Fed Chair Balks At Speed-Up Of Credit-Card Rules

HuffingtonPost.com | Shahien Nasiripour | Posted 10.21.2009 | Business

Read More: Federal Reserve, Credit Cards, Fed, Bernanke, Business News

Federal Reserve Chairman Ben Bernanke has told Congress that accelerating the effective date of credit card reform legislation would be good for consu...

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Exceptions To Derivatives Trading Rule Dilute Regulation

New York Times | GRETCHEN MORGENSON | Posted 10.17.2009 | Business

Derivatives regulation has been on the nation's financial reform agenda for months. Undoing the Clinton-era law that exempted swaps from oversight is ...

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The US Dollar: Don't Just Do Something, Stand There!

Marshall Auerback | Posted 10.15.2009 | Business

Read More: Fed, Credit Crisis, Default, Inflation, Dollar, Interest Rate, Depreciation, Business News

It seems there isn't a day that goes by without more commentary on the demise of the dollar and the concomitant risk of a collapse of the world's reserve currency.

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Next Stop: Inflation

James Berman | Posted 10.08.2009 | Business

Read More: Gdx, Depression, Gdp, Deflation, Federal Reserve, Fed, Cpi, Bernanke, Tips, Gold, Monetary Policy, Rising Inflation, Recession, Inlfation, Business News

The market has had the biggest six month rally since the 1930s and stocks cannot go up forever. We can't time the sell-off, but we can prepare for one of its likely causes: inflation.

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Want Less Risk? Hire More Women!

Dr. Sasha Galbraith | Posted 10.06.2009 | Business

Read More: Earnings, Fed, Women, Pay, Testosterone, Risk Aversion, Banking, Federal Reserve, Compensation, Occupational Sex Segregation, Gender, Risk, Gender Inequalities, Women in Finance, Women CEOs, Business News

The higher the amount of testosterone, the more willing people are to take risks. Women, with considerably less of the male hormone coursing through their bodies, are more risk averse.

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Skewed Recovery

Max Fraad Wolff | Posted 09.29.2009 | Business

Read More: Debt, Fed, Economy, Economic Crisis, Mortgage Crisis, Financial Crisis, Fannie Mae, Economic Recovery, Fannie Mae Freddie Mac Bailout, Business News

Angry masses see the recession as purely financial. This is false. Policy makers have rushed to address the financial crisis. This is near sighted. We have addressed one of our afflictions and left the greater economic problems under-appreciated and unaddressed.

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Credit Cards: Federal Reserve Closer To New Limits

AP | JEANNINE AVERSA | Posted 09.29.2009 | Business

Read More: Credit Card Companies, Fed, Economy, Card Check, Federal Reserve, Credit Cards, Recession, Business News

WASHINGTON — The Federal Reserve proposed rules Tuesday to better protect Americans from sudden hikes in interest rates on credit cards. The prop...

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Bill Sparkman Murder: Tragic Details About Census Worker Found Hanged

Posted 09.25.2009 | Politics

Read More: William Sparkman, Census Bureau, Daniel Boone National Forest, Homicide, Fed, Suicide, Fbi, Bill Sparkman, Kentucky, Census Worker, London, Ky, Politics News

William E. Sparkman Jr. was a 51-year-old single father who once battled Non-Hodgkin Lymphoma while he pursued his teaching degree, according to a Mar...

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Census Worker Hanged: Bill Sparkman Found With "Fed" On Body

AP | DEVLIN BARRETT and JEFFREY McMURRAY | Posted 09.24.2009 | Politics

Read More: Bill Sparkman Hanged, William Sparkman, Census Worker Hanged With Fed on Body, Census Worker Kentucky Hanged, Fed, Census Worker Kentucky, Bill Sparkman, Census Worker, Census Worker Hanged Fed, William Sparkman Hanged, Census Worker Hanged, Kentucky Census Worker, Census Worker Found Dead, Census Worker Dead, Politics News

MANCHESTER, Ky. — A U.S. Census worker found hanged from a tree near a Kentucky cemetery had the word "fed" scrawled on his chest, a law enforce...

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Fed Rejects Geithner's Request To Review Central Bank's Operations

bloomberg.com | Craig Torres and Robert Schmidt | Posted 09.21.2009 | Business

Read More: Federal Reserve, Federal Reserve Board, Tim Geithner, Treasury Secretary, Fed, Business News

Sept. 21 (Bloomberg) -- The Federal Reserve Board has rejected a request by U.S. Treasury Secretary Timothy Geithner for a public review of the centra...

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The $2 Trillion Secret

Pat Choate | Posted 09.18.2009 | Business

Read More: Tarp, Wall Street Bailout, Wall Street, Bailout, TARP Money, Fed, Bernanke, Ben Bernanke Federal Reserve, Federal Reserve, Fed Chairman Ben Bernanke, Ben Bernanke, Business News

As the sheer volume of the Fed financing makes clear, the bailout of the financial sector involves more than the $700 billion approved by Congress in late 2008.

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Fed Audit Bill Reaches 290 Cosponsors

HuffingtonPost.com | Jeff Muskus | Posted 09.16.2009 | Business

Read More: Fed, Fed Audit, Barney Frank, Federal Reserve, Alan Grayson, House Financial Services Committee, Business News

The House bill that would shine a light on the Federal Reserve reached 290 cosponsors on Wednesday. Authored by longtime crusader for Fed transparenc...

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Crash Of A Titan: The Inside Story Of Lehman Brothers' Fall

The Independent | Stephen Foley | Posted 10.22.2009 | Home

Read More: Fed, Lloyd Blankfein, Goldman Sachs, Paulson, Finance, Bankruptcy, Wall Street, Banks, Lehman Brothers, Bernanke, Economy, Home News

One year ago, the assembled brains of the Fed and Wall Street sealed the fate of one of its oldest banks. In this gripping account of that weekend las...

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The New Town Hall Reality: Why Did Congressman Baron Hill (D-IN) Blow Up?

Gail McGowan Mellor | Posted 10.21.2009 | Politics

Read More: Blue Dog, Pnhp, Midwestern, Socialized Medicine, Federal Reserve, Iraq, Indiana University Southeast, Tort Reform, Physicians for a National Health Program, New Albany, Pelosi, Nancy Tierney, H.H. 3200, U.S. Congress, Butch Ragland, I.U.S., Public Option, Hoosier, Mark Megenity, Obamacare, Ak-47, Fed, Dusty O’Brien, Bloomington, Democrat, Baron Hill, HR 676, Single Payer, American Affordable Health Care Act of 2009, Town Meeting, Jeffersonville, Healthcare Reform, Health Care, Hr 3200, House of Representatives, Health Care Reform, Ius, Marvin Comstock, H.R. 676, Indiana, Politics News

At the New Albany meeting, people were polite and even relaxed enough to chuckle whenever someone spoke with dry Indiana wit. Yet Hill silenced would-be hecklers by saying "Let me answer that before you interrupt, please!"

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Taking on Jim Cramer

Jim Randel | Posted 10.17.2009 | Business

Read More: Investing, Tax Credits, Finance, Fed, Economy, Foreclosure, Real Estate, Business, Housing Crisis, Jim Cramer, Business News

Jim Cramer may like housing stocks, but if he is betting his ranch on the fact that housing prices will spike again like they did in the early part of this century, he'd better hedge his bets.

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In a Town Hall Meeting, Healthcare Swing-Vote Representative Baron Hill [D-IN] Takes a Clear Stand on Reform

Gail McGowan Mellor | Posted 10.17.2009 | Politics

Read More: House of Representatives, Blue Dog, Tort Reform, Federal Reserve, Iraq, Indiana University Southeast, Hr 3200, American Affordable Health Care Act of 2009, New Albany, Pelosi, H.H. 3200, Nancy Tierney, U.S. Congress, Butch Ragland, I.U.S., Single Payer, Hoosier, Ak-47, Health Care, Mark Megenity, Obamacare, Fed, Dusty O’Brien, Public Option, Indiana, Democrat, HR 676, Baron Hill, Socialized Medicine, Jeffersonville, Town Meeting, Ius, Health Care Reform, Healthcare Reform, Marvin Comstock, Physicians for a National Health Program, H.R. 676, Pnhp, Midwestern, Politics News

Hill could not represent a southern Indiana consensus view, because there was none; whatever he chose to do, it would cost him votes.

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Why the Senate Should Confirm Bernanke But Make the Fed More Accountable, Too

Robert Reich | Posted 09.25.2009 | Business

Read More: Tarp, Federal Bailouts, Fed Chairman, Wall Street, Bailout, Fed, Main Street, Fed Chairman Ben Bernanke, Federal Reserve, Ben Bernanke, Barack Obama, Fed Chair Bernake and US Recession, Business News

If you'd have asked me three months ago whether Bernanke would be confirmed, I'd have said no. Congress (and much of the public) is still furious about the bank bailouts, as well they should be.

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Fed Signals Vote Of Confidence In Economy

AP | JEANNINE AVERSA | Posted 09.12.2009 | Business

Read More: Fed, Debt, Federal Reserve, Debt Buying, Ben Bernanke, Business News

WASHINGTON — The Federal Reserve delivered a vote of confidence in the economy Wednesday, saying it would slow the pace of an emergency rescue p...

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