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Federal Reserve Board

Geithner Testimony: New "Too Big To Fail" Legislation Won't Lead To More Bailouts

AP | JIM KUHNHENN and ANNE FLAHERTY | Posted 11.02.2009 | Business

Read More: Aig, Chrysler, Gm, Lehman Brothers, Federal Reserve Board, Tim Geithner, Barney Frank, Freddi Mac, Fannie Mae, Daniel Tarullo, Bailout, Too Big Too Fail, Geithner Testimony, House Financial Services Committee, Financial Crisis, Fiscal Policy, Business News

WASHINGTON — An Obama administration plan to dissolve large, struggling financial firms rather than bail them out is encountering Republican res...

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

bloomberg.com | Craig Torres and Robert Schmidt | Posted 11.21.2009 | 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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President Obama: Sign New Emancipation Proclamation to Free Us From Debt Slavery and Free-up the Economy

Ronald B. Robinson | Posted 03.16.2009 | Politics

Read More: Rescue Plan, Treasury Department, Credit Crisis, President Obama, Banks, Fico, Economy, Federal Reserve Board, Comptroller of the Currency, Stimulus, Business, Bailout, Housing Crisis, Politics News, Paulson, Credit Card Industry, Credit Scores, Housing, Financial Crisis, Foreclosure Crisis, Just Price Solutions, Bonuses, Politics, Economic Crisis, Breaking News, Bignews, Mortgage Crisis, Reform, Wealth, Banking Industry, Freddie Mac, Ponzi Scheme, Emancipation Proclamation, Debt Slavery, Republicans, Fanie Mae, Tax Cuts, Politics News
Ronald B. Robinson

Mr. President, help us create "a more perfect Union" from the "bottom-up." You can be the Lincoln of our times and free us from the greed and "top-down" bondage that has brought us here.

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Change FICO Credit Scoring to Stimulate Economy and Address Housing and Banking Crisis

Ronald B. Robinson | Posted 03.25.2009 | Business

Read More: Treasury Department, President Obama, Economic Crisis, Federal Reserve Board, Economy, Fico, Ponzi Scheme, Credit Crisis, Stimulus, Banking Industry, Mortgage Crisis, Politics, Wealth, Credit Card Industry, Tax Cuts, Credit Scores, Banks, Republicans, Bonuses, Comptroller of the Currency, Business, Financial Crisis, Bignews, Paulson, Housing, Reform, Foreclosure Crisis, Housing Crisis, Rescue Plan, Bailout, Bailout Outrage, Business News
Ronald B. Robinson

Republicans are proposing a 4% home mortgage Ponzi scheme that's the modern day version of "40 acres and a mule." It's every bit the false promise that dashed the hopes of ex-slaves after the Civil War.

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Toyota Projects First-Ever Annual Loss; Congress Disses Detroit

Steve Parker | Posted 01.23.2009 | Business

Read More: Simon Boag, John Campi, White House, Congress, Australia, Trd, Buick, United Auto Workers, Suvs, Phil Murtaugh, Crossfire, Mercedes-Benz, Cars, Detroit News, Detroit Auto Show, Hardtop Convertible, Daimler, Toyota Motor Corp, Moraine, Masters of the Universe, Mongolia, Bankruptcy, Detroit Three, Gm, Washington DC, Land Rover, Bonfire of the Vanities, Tom Wolfe, Floorplanning, Cnn, Banks, Japan, China, Corporate Jets, Automotive News, Roger and Me, Wall Street Bailout, Suzuki, Chrysler, Jim Press, GM Bankruptcy, Federal Reserve Board, President Obama, Ford, Katsuaki Watanabe, General Motors, Dayton, CNN/Opinion Research Poll, President Bush, Michigan, Detroit Bailout, Uaw, Automaker Bailout, Associated Press, Tokyo, Private Planes, g4 Challenge, North American International Auto Show, Nyc, Wall Street, Detroit Three Loans, Deborah Meyer, Vice President Cheney, Toyota Racing Development, Republicans, Slk, Business News
Steve Parker

Congress took a perverse pleasure in giving Detroit's CEOs and the UAW president the third degree -- unnecessary theater while our country suffers this economic decline.

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Anatomy Of A Panic

Ron Insana | Posted 03.28.2008 | Business

Read More: Emergency Rate Cut, Ben Bernanke, Federal Reserve Board, Financial Panic, Business News
Ron Insana

It began with the bursting of the bubble in residential real estate here in the United States. It quickly spread to other hot real estate markets around the world. Complex debt instruments that were linked to sub-prime mortgages, both here and abroad, imploded in value.

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Fed Cuts Rates By Quarter Point

AP | Martin Crutsinger | Posted 03.28.2008 | Business

Read More: Interest Rate Cuts, Federal Reserve Board, Ben Bernanke, Interest Rate Cut, Fed Rate Cut, Business News

The Federal Reserve, confronted with surging oil prices and a slumping housing market, on Wednesday cut a key interest rate by a quarter-point, the se...

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