At MoneyWatch: Ben Bernanke's bad example, by Mark Thoma: The recent announcements that former Federal Reserve Chairman Ben Bernanke has accepted a position as a senior adviser at Pimco and a similar position at hedge fund Citadel have raised questions...
Ben Bernanke is much feistier as a public commentator than he was as Federal Reserve chairman. One knock on Mr. Bernanke during his tenure as Fed chief was that he was too deferential to dissenting views, which sometimes slowed or muted the Fed’s responses to the 2007-2009 financial crisis and its after-effects.
Now that he is no longer the chairman of the Federal Reserve and is now a blogger, Ben Bernanke is free to point out certain obvious truths he couldn’t say previously, such as the fact that The Wall Street Journal editorial page is run by crazy people. Bernanke is not... More »
For the second time this month, former Federal Reserve Chairman Ben Bernanke has joined the payroll of a large financial institution. And for the second time, he's defended the move by noting that the institution is not currently regulated by the Federal Reserve.
Carolyn Kaster/AP By KEN SWEET NEW YORK -- Pimco has hired former Federal Reserve Chairman Ben Bernanke as a senior adviser, the bond fund manager said Wednesday. It's the latest private venture for Bernanke, who since his departureShow More Summary
Bernanke served two terms as Federal Reserve Chairman, from 2006 through 2014
Former Federal Reserve Chairman Ben Bernanke is joining Pacific Investment Management Co. as a senior adviser, his second consulting agreement with a top money manager in as many weeks. Mr. Bernanke... To view the full story, click the title link.
The appointment quickly follows the former Federal Reserve chairman’s hiring in a similar capacity by the hedge fund Citadel.
By Jennifer Ablan NEW YORK (Reuters) - Former Federal Reserve chairman Ben Bernanke is joining bond giant Pimco as a senior advisor, as the firm seeks to bolster its star power following the departure of co-founder Bill Gross. The move...Show More Summary
Former Federal Reserve Board Chairman Ben Bernanke announced last week that he had accepted an offer to become a senior advisor to a hedge fund. Wall Street howled that Bernanke had done something so wrong that it was close to criminal. For example, take a look at this piece from CNBC [...]
… Even for Former Federal Reserve Chairman Ben Bernanke! Low interest rates should mean that opportunity is in abundance for the real estate industry. However, if you can’t qualify for a mortgage, even the lowest rates don’t help you if you want to finance or refinance your home. This point became significant when the news […]
Federal Reserve Chairman Ben Bernanke's decision to work with Citadel, the Chicago-based hedge fund, has renewed attention on the tendency of former regulators and economic policy makers to move to financial institutions once leaving office.
Ben Bernanke arguing before the financial crisis that there was no problem in the housing market. Time to ring the cash register. Former Chairman of the Federal Reserve Ben Bernanke is set to begin working for the hedge fund Citadel Investment Group as a senior adviser. Bernanke will meet with potential investors and work with traders [...]
When Ben Bernanke left his perch as the chairman of the Federal Reserve, he did not walk through the revolving door, unlike many other regulatory officials before him and despite the lucrative offers thrown at him. Instead, the former Princeton academic went to the Brookings Institution. But as it turns... More »
By Svea Herbst-Bayliss BOSTON (Reuters) - Ben Bernanke, the former Federal Reserve chairman and one of the world's most closely watched economic thinkers, is joining one of the most successful hedge funds as an advisor, Citadel LLC said in a statement on Thursday. Show More Summary
Former Federal Reserve Chairman Ben S. Bernanke will work as advisor to a leading hedge fund, becoming another onetime Washington official to move into the high-paying financial industry.
Former Federal Reserve Chairman Ben Bernanke, a key architect of the federal government's rescue of the financial system, is joining Chicago hedge fund Citadel as a senior adviser.
The move by the former Federal Reserve chairman is the latest by a Washington insider through the revolving door into the financial industry.
Good morning! Here are 10 things you need to know in financial markets today. Ben Bernanke is joining a hedge fund. Ben Bernanke, former chairman of the US Federal Reserve, will become a senior adviser to hedge fund Citadel Investment Group, the New York Times reported. Show More Summary
(Reuters) - Ben Bernanke, former chairman of the U.S. Federal Reserve, will become a senior adviser to hedge fund Citadel Investment Group, the New York Times reported. Bernanke, who handed the reins of the U.S. central bank to Janet...Show More Summary