Tag Archive for Ben Bernanke

Mr. Hyde and Mr. Hyde – Frederick J. Sheehan

Stanley Fischer is in the pipeline for the vice chairmanship of the Federal Reserve Board of Governors. In this capacity, he would bang heads to gather FOMC votes for (Presumptive) Fed Chairman Janet Yellen. According to the New York Times, Fischer would “exert a moderating influence on Ms. Yellen,” (” For No. 2 at Fed, White House Favors Central Banker in the Bernanke Mold.”)

Insolvent Thinking- Frederick J. Sheehan

It is possible neither Janet Yellen nor another pretender will fill Bernanke’s shoes in January. The odds of such a surprise may be once-in-a-history-of-the-universe, but those keep coming at a faster rate the longer we splurge. Simple Ben has been walking both his bank and the world’s financial institutions closer to the cliff. Here, we will look at the precarious position of the Federal Reserve and the far-out financial securities entering the pipeline at an increasing rate.

Bernanke to Continue Controversial Bond Buying Program – Money Morning

This is a syndicated repost courtesy of Money Morning. To view original, click here. Fed Chairman Ben Bernanke announced in a press conference this afternoon that the U.S. Federal Reserve will continue quantitative easing, the controversial bond buying program, for now. Chairman Bernanke expressed concern over rising borrowing costs and their effect on the economy,…

The Next Federal Reserve Chairman: Summers Out, Yellen In – Money Morning

This is a syndicated repost courtesy of Money Morning. To view original, click here. Larry Summers shocked Wall Street and Washington circles on Sunday by withdrawing his name for consideration as the next U.S. Federal Reserve chairman. Summers wrote in a letter to U.S. President Barack Obama, “I have reluctantly concluded that any possible confirmation…