The Fed

Fed Tightens Rules On Regional Directors

nytimes.com | EDMUND L. ANDREWS | Posted 11.26.2009 | Business


WASHINGTON -- The Federal Reserve, under attack in Congress for being too entwined with big banks, closed a loophole on Wednesday that allowed a direc...

Low Interest Rates Could fuel Speculative Financial Bubble: Federal Reserve

AP | JEANNINE AVERSA | Posted 11.24.2009 | Business


WASHINGTON — The Federal Reserve doesn't expect the recovery will be strong enough to quickly drive down the jobless rate, and acknowledged its ...

Revisiting The Fed's Bailout Of AIG And The Benefits For Goldman Sachs

New York Times | GRETCHEN MORGENSON | Posted 11.22.2009 | Business


A RAY of sunlight broke through the Washington fog last week when Neil M. Barofsky, special inspector general for the Troubled Asset Relief Program, p...

White House Looking To Cut Deficit With Extra TARP Cash

wsj.com | By DEBORAH SOLOMON and JONATHAN WEISMAN | Posted 11.12.2009 | Politics


The Obama administration, under pressure to show it is serious about tackling the budget deficit, is seizing on an unusual target to showcase fiscal r...

Wall Street's Record Bonuses Return: Analysts Predict $30 Billion In Bonuses At Big 3

Bloomberg | Michael J. Moore and Ian Katz | Posted 11.09.2009 | Business


Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co.'s investment bank, survivors of the worst financial crisis since the Great Depressio...

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

Bloomberg | David Evans | Posted 11.09.2009 | Business


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...

Economic Crisis Compels Economists To Reach For New Paradigm

Wall Street Journal | MARK WHITEHOUSE | Posted 11.02.2009 | Business


The pain of the financial crisis has economists striving to understand precisely why it happened and how to prevent a repeat. For that task, John Gean...

Barack Obama Is Doing My Job; Why America Needs Him to Do His

Arianna Huffington | Posted 10.28.2009 | Business


Arianna Huffington

When it comes to dealing with Wall Street, President Obama seems to have traded in his position as our economy's commander-in-chief for a different role: pundit-in-chief.

Wall Street Follies: The Next Act

New York Times | GRETCHEN MORGENSON | Posted 10.25.2009 | Politics


It certainly sounded good. Hoping, perhaps, to persuade a dubious public that curbing reckless business practices is indeed a Washington priority, t...

The "End The Fed" Rap Song By Sleuth (VIDEO)

Posted 10.12.2009 | Business


Ever heard the phrase "the medium is the message"? In the case of the rap in "End The Fed," the anti-Federal Reserve music video below, the medium is ...

The Statistics Of The Great Recession

AP | TIM PARADIS | Posted 10.10.2009 | Business


NEW YORK — A year ago this weekend, the Dow Jones industrial average had just finished a slow-motion crash. Over eight days, it fell 2,400 point...

Roubini: How The Federal Reserve Should Withdraw The Stimulus

The Globe and Mail | Nouriel Roubini | Posted 11.18.2009 | Business


There's a general consensus that the massive monetary easing, fiscal stimulus and support of the financial system undertaken by governments and centra...

Who's Regulating The Regulators?

New York Times | GRETCHEN MORGENSON | Posted 11.13.2009 | Business


Senior regulators who stood idly by for years as financial firms built their houses of cards have been rewarded with even bigger jobs or are jockeying...

Government Faces Tough Decisions About How To Stabilize Mortgage Market

washingtonpost.com | Zachary A. Goldfarb and Dina ElBoghdady | Posted 10.22.2009 | Business


Only one lender of consequence remains: the federal government, which undertook one of its earliest and most dramatic rescues of the financial crisis ...

Ben Bernanke -- Now and Forevermore

Michael Brenner | Posted 09.20.2009 | Business


Michael Brenner

With Ben Bernanke ensconced for another term, keep your hand on your wallet -- and whatever is still in it.

A Recovery Foundation Built on Sand

Michael Pento | Posted 09.18.2009 | Business


Michael Pento

The Fed's conundrum is this: Bernanke needs to defend the dollar and raise interest rates to provide for a viable and long-lasting recovery. But the short-term effect would be a devastating recession.

The Fed, Da! Retail Sales, Nyet! Which Way Is Up?

Fortune's Stanley Bing | Posted 09.13.2009 | Business


<i>Fortune</i>'s Stanley Bing

Economists, who are always cited but never quite right, it seems, expected a .1 percent gain in retail, excluding auto. Instead, the sector fell 6 percent. That qualifies as a surprise in any book.

Three More: Now Half Of Bank Of America's Directors Have Quit

McClatchy | Christina Rexrode | Posted 09.01.2009 | Business


The shake-up in Bank of America Corp.'s boardroom, apparently orchestrated by the hand of government regulators, continued Friday evening, when the ba...

Newsweek: The Recession Is Over! But Not for You

newsweek.com | Posted 08.25.2009 | Business


Irrational exuberance, it's not. But even stagnation would be an improvement over recent history. The U.S. economy shrank at nearly a 6 percent annual...

The Fed Under Fire (VIDEO)

Harry Hanbury | Posted 08.10.2009 | Business


Harry Hanbury

As details emerge of how the Fed secretly doled out more than a trillion dollars during the financial crisis, a rare bipartisan movement in Congress demands that the Fed be held accountable.

Here Comes Hyperinflation

Henry Blodget | Posted 07.11.2009 | Business


Henry Blodget

Arthur Laffer joins the chorus of economists predicting that the Fed's massive stimulus will eventually lead to hyper-inflation. And I agree.

Federal Stimulus Cash Flows Into City Coffers

New York Post | GEOFF EARLE | Posted 06.28.2009 | Local


The feds are spending more than $1.3 billion of stimulus cash on city projects -- more than half of the $2.5 billion already flowing to the state, an ...

Open Letter to Secretary of the Treasury Timothy F. Geithner

Michael de Portu | Posted 06.04.2009 | Business


Michael de Portu

Instead of soliciting Wall Street's views to inform your decisions, you might constitute your team of number crunchers, researchers and analysts to find out all the facts.

How Bernanke Has Reinvented The Federal Reserve

Washington Post | Neil Irwin | Posted 05.09.2009 | Business


This chairman set out to lead as a civil servant rather than a celebrity economist. Facing a thundering financial collapse, he has reinvented the Fede...

Why Obama Was Smart to Come Out Strongly Against the AIG Bonuses

Mitchell Bard | Posted 04.16.2009 | Politics


Mitchell Bard

The Republicans were going to grab onto the populist anti-bank feelings in the country to position themselves as the party of the people, with the Democrats being cast as the party of the bankers.