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
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.”
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'...
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
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.
By Aruna Viswanatha WASHINGTON (Reuters) - Former Federal Reserve Chairman Ben Bernanke took the stand on Thursday to defend the U.S. government's bailout of American International Group in 2008, in a fourth day of testimony by former top government officials looking to convince a federal judge that the rescue of the insurance company was legal. Show More Summary
An unidentified lender rejected Ben S. Bernanke's request to refinance the loan on his Washington, D.C., house, but the former chairman of the Federal Reserve could easily have found a deal elsewhere had he looked around, mortgage experts said.
The account by former Federal Reserve Chairman Ben Bernanke of how he couldn't refinance his Washington townhouse seemed the perfect example of mortgage lending standards that many complain are too tight.
Former Federal Reserve Chairman Ben Bernanke wanted to refinance his home. He filled out the paperwork, turned in the application. He was summarily denied. Ex fed chair Ben Bernanke was turned down for a house refi:http://t.co/rlMpBkgb4t...Show More Summary
The mortgage sector really is still very tight — as revealed by this new anecdote from none other than former Federal Reserve chairman Ben Bernanke himself: The former Federal Reserve chairman, speaking at a conference in Chicago, told moderator Mark Zandi of Moody’s Analytics Inc. Show More Summary
Just in case anyone’s wondering how tough it really is to get a mortgage these days, consider this: Even Ben S. Bernanke got turned down for a loan. The former Federal Reserve chairman revealed this tid-bit Thursday at a conference in Chicago, where he was the keynote luncheon speaker. Bernanke told the crowd that he had […]
Former Federal Reserve Chairman Ben Bernanke, a prominent student of the Great Depression, contends that the 2008 financial crisis was actually worse than its 1930s counterpart.
Sheila Bair, former chairman of the U.S. Federal Deposit Insurance Corp., describes what it was like in the room with former Treasury Secretary Hank Paulson and former Federal Reserve Chairman Ben Bernanke when the global economy was on the verge of falling into the abyss in this week’s “Masters in Business” podcast. Listen to the...Read More
Submitted by Monty Pelerin via Economic Noise blog, Would Salvador Dali make a better Federal Reserve Chairman than Janet Yellen or Ben Bernanke before her? If that seems far-fetched to you, read on to understand the benefits Salvador Dali might provide for the Fed. Show More Summary
By Joseph Calhoun: By Jeffrey P. Snider As is usual at this time of year, the Chairman of the Federal Reserve Board and FOMC will gain inordinate attention due to the upcoming Jackson Hole assembly. Ben Bernanke in his stint made use of the PR to first introduce his ideas about coming intervention and manipulation. Show More Summary
The Federal Reserve has just experienced a good deal of turnover, with four governors, including former Chairman Ben Bernanke, departing in the past year. Janet Yellen has taken leadership of the central bank along with Stanley Fischer who was sworn in as vice chairman this week. Show More Summary
Ben S. Bernanke, the former chairman of the Federal Reserve, is poised to make millions of dollars from speaking engagements this year.
Former Federal Reserve Chairman Ben Bernanke pushed back Monday against the argument that aggressive central bank action in recent years has boosted economic inequality in America.
Former Federal Reserve Chairman Ben S. Bernanke is famous for being a die-hard Nationals fan. But who knew the feeling was mutual? Bernanke and former White House Chief of Staff Joshua Bolten often sit near each other during games at Nats Park. At a joint speech Monday at the George W. Bush Presidential Center […]