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Ny Fed

Goldman Sachs Three on a Match: Lehman, AIG and Carmen Segarra?

Jim Treacy | Posted 10.10.2014 | Business
Jim Treacy

Lehman down, AIG up, Carmen Segarra out and a seemingly well-connected, three-peat winner, Goldman Sachs, motors on...

Next Time Someone Says 'College Isn't Worth It Anymore,' Show Them This

The Huffington Post | Kevin Short | Posted 09.03.2014 | Business

Tuition costs are skyrocketing, student debt is soaring and it's extremely difficult for college grads to find good jobs. And yet, a four-year degree ...

NY Fed: Calm Down, The Job Market Isn't As Bad As You Think

Reuters | Posted 04.06.2014 | Business

By Jonathan Spicer NEW YORK, Feb 3 (Reuters) - A key measure of the U.S. labor market appears to exaggerate the damage brought on by t...

NY Fed Claims It Took 'Prompt Action' On Libor Four Years Ago

Reuters | Posted 09.10.2012 | Business

July 11 (Reuters) - The Federal Reserve Bank of New York will release on Friday documents showing it took "prompt action" four years ago to highlig...

Gerry Smith

FBI: Programmer Stole Source Code Worth Millions From NY Fed

HuffingtonPost.com | Gerry Smith | Posted 03.19.2012 | Technology

Authorities on Wednesday said they had charged a Chinese computer programmer with stealing proprietary software code from the Federal Reserve Bank of ...

Consumer Debt Stops Declining After Nine Consecutive Quarters [CHARTS]

The Huffington Post | Maxwell Strachan | Posted 07.10.2011 | Business

This post has been updated. By at least a few measures, U.S. consumers are doing slightly better these days. That's according to a new report by...

AIG 'Highly Disappointed' It Can't Repurchase All Toxic Assets

AP | Posted 05.31.2011 | Business

WASHINGTON -- The Federal Reserve Bank of New York has turned down an offer by American International Group to repurchase dodgy mortgage bonds that th...

The F Word: Economy is in the Eyes of the Beholder

Laura Flanders | Posted 05.25.2011 | Business
Laura Flanders

In the U.S. right now, some see robust growth, others a limping progress. Where Tim Geithner sees gentle waves, New York Times business reporter Gretchen Morgenson sees tsunamis.

Ryan Grim

New York Fed Warehousing Junk Loans On Its Books: Examiner's Report

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Business

As Lehman Brothers careened toward bankruptcy in 2008, the New York Federal Reserve Bank came to its rescue, sopping up junk loans that the investment...

"Time for the Truth"

Eliot Spitzer | Posted 05.25.2011 | Business
Eliot Spitzer

We believe that the Valukas report cries out for an immediate Congressional investigation. As we did with A.I.G., we demand the release of the e-mails and internal documents from the New York Fed and Lehman executives.

Lehman Brothers Dies While Getting Away With Murder: Regulatory Capture

Reggie Middleton | Posted 05.25.2011 | Business
Reggie Middleton

Let's get something straight right off the bat. We all know there is a certain level of fraud sleight of hand in the financial industry. I have calle...

Doubts at Fed Over A.I.G.'s $30 Billion Payout Two Fed Governors

nytimes.com | GRETCHEN MORGENSON and LOUISE STORY | Posted 05.25.2011 | Business

Weeks after rescuing the American International Group with an $85 billion taxpayer loan in late 2008, Federal Reserve Board officials rejected a propo...

TARP Watchdog, Neil Brofsky, To Launch Investigation Into Fed's Secrecy On AIG Bailout

AP | DANIEL WAGNER | Posted 05.25.2011 | Business

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Ryan Grim

Fed E-Mails On AIG Show Disdain For Transparency

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Business

Emails between senior Federal Reserve Board officials obtained by the Huffington Post reveal an organization dedicated to resisting transparency -- so...

Shahien Nasiripour

Fed's AIG Bailout: Bernanke Requests A 'Full Review' From Government Watchdog

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Federal Reserve Chairman Ben Bernanke took the unusual step Tuesday of asking Congress's investigative arm to conduct a "full review" of the Fed's rol...

Fed Returns $46 Billion To Taxpayers, Gets Subpoena From Congress Over AIG

McClatchy | Kevin G. Hall | McClatchy Newspapers | Posted 05.25.2011 | Politics

In dual developments that underscored the complex reality of stressful financial times, the Federal Reserve said Tuesday that it returned to taxpayers...

NY Fed Holds Emergency Meeting To Discuss Lehman Brothers' Future

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — The Federal Reserve Bank of New York held an emergency meeting Friday night with top Washington policymakers and major financial in...