Citigroup may have been unable to prevent the Netherlands from repatriating some 122 tons of "a fiat commodity currency with insignificant intrinsic value", or in the words of Ben Bernanke, "tradition", but it sure won't stop that erudite...Show More Summary
Before he became chair of the Federal Reserve, Ben Bernanke agreed with the free market economist Milton Friedman that central bank policy played a key role in making the Great Depression the most severe in U.S. history. But the two parted ways on the reason why. Show More Summary
Ben Bernanke was Chairman of the Federal Reserve during the financial crisis. He remained at the helm as the Fed led the economy out of the crisis using unprecedented amounts of easy monetary stimulus. For years, he and the Fed were the target of intense criticism from legislators. Show More Summary
Is it fair to give Ben Bernanke (and his predecessor Janet Yellen) much of the credit for the current bull market? After all, many have come to believe that ultra-low interest rates, coupled with
Jeff Cox: [Ben Bernanke: "Very Difficult" for ECB to Do QE](http://www.cnbc.com/id/102156211): "'The barriers to doing it... >...are not really economic. The legal and political barriers being thrown up are going to make it very difficult...Show More Summary
Speaking at Schwab's IMPACT conference in Denver this evening, Ben Bernanke may not have earned his $250,000 but did unleash some uncomfortable truthiness - not unlike his predecessor's comments last week. As CNBC reports, the ex-central...Show More Summary
While former-Rep. Ron Paul's showdowns with Ben Bernanke recede into yesteryear, his calls o "Audit the Fed" may once again reverberate through the halls of Congress. Republicans are increasingly likely to take back the Senate today,...Show More Summary
You might have thought that the debilitating arm-wrestle over the US debt ceiling was about as dismal as politics could get, but Texas Governor (and Republican presidential hopeful) Rick Perry demonstrates that it is possible to explore...Show More Summary
Those who were expecting a powerful policy initiative from Fed Chairman Ben Bernanke at the Jackson Hole Conference on Friday were bound to be disappointed. Monetary policy has done just about all it can do. There is always room for fine–tuning, but the gaping policy shortfall is in fiscal policy, not monetary policy. It's clear what should be done. Show More Summary
Sign up for the newsletter: http://on.wsj.com/grandcentralsignup. HILSENRATH’S TAKE In an open letter to former Federal Reserve Chairman Ben Bernanke in 2010, a group of prominent academics and hedge fund managers urged the central bank to stop its bond purchases known as quantitative easing, warning it risked “currency debasement and inflation.”
Submitted by Tim Price via Sovereign Man blog, Shortly before leaving the Fed this year, Ben Bernanke rather pompously declared that Quantitative Easing “works in practice, but it doesn’t work in theory.” There is, of course, no counter-factual. Show More Summary
(Scott Johnson) We are approaching the end of year six of the regime of Quantitative Easing (QE) engineered by the Federal Reserve under Fed chairmen Ben Bernanke and now Janet Yellen. In place of responsible economic policy to revive...Show More Summary
Is Beijing's Ben Bernanke on his way out?
Four years ago, twenty-three economists (mostly conservative) signed a letter to Ben Bernanke warning that the Fed’s quantitative easing policy – adding billions of dollars to the economy – would be disastrous. It would “debase the currency,” create high inflation, distort financial markets, and do nothing to reduce unemployment. Four years later, it’s clear that […]
WASHINGTON — Ed Fine's recent rejection for a refinancing of his home loan wasn't exactly like former Federal Reserve Chairman Ben S. Bernanke's. But there are enough similarities to raise questions about current tight mortgage market standards and how lenders scrutinize applicants'...
A lack of liquidity makes Ben Bernanke an undesirable candidate for a mortgage refinance.
By Emily Stephenson WASHINGTON (Reuters) - Former Federal Reserve Chairman Ben Bernanke said on Friday on that prior to the 2008 bailout of American International Group, he was concerned that the insurer "was on the brink of default"...Show More Summary
A sluggish global outlook sends ripples through the markets. | Tuning up UBS's investment bank. | Symantec announces a split. | Ben S. Bernanke defends the A.I.G. bailout.
Ben S. Bernanke, the former Federal Reserve chairman, kept his answers brief on the stand in the lawsuit over the 2008 bailout of American International Group.
Former Federal Reserve Chairman Ben S. Bernanke testified in federal court Thursday that insurance giant American International Group Inc. had to be rescued by the government in 2008 to avert global catastrophe.