…the initial stories across news channels were full of ridicule and indignation at the FOMC’s real-time ignorance as banks and markets collapsed.
Tag Archive for Ben Bernanke
Contributors- Economic and Financial, Must Read
Enjoy it While it Lasts- Frederick J. Sheehan
by Frederick Sheehan • • 0 Comments
“Enjoy it while it lasts”
-Sir Alan Greenspan, June 13, 2007,after suggesting “the global liquidity boom, which he dates back to the end of the Cold War, is nearing its end.”
Contributors- Economic and Financial, Must Read
The Stock Market – Frederick J. Sheehan
by Frederick Sheehan • • 0 Comments
Frederick J. Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009) and “The Coming Collapse of the Municipal Bond Market” (Aucontrarian.com, 2009…
Contributors- Economic and Financial, Must Read
Mr. Hyde and Mr. Hyde – Frederick J. Sheehan
by Frederick Sheehan • • 0 Comments
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.”)
Contributors- Economic and Financial, Must Read
Insolvent Thinking- Frederick J. Sheehan
by Frederick Sheehan • • 0 Comments
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.
Money Morning, Must Read
The Greatest Criminal Enterprise in the World – Shah Gilani – Money Morning
by Shah Gilani • • 0 Comments
This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. From the Editor: Shah Gilani is one of the few people who can show you how it really is. In this case, he’s going to show you the real reason the Fed chose not to taper. If you’re…
Money Morning, Must Read
Bernanke to Continue Controversial Bond Buying Program – Money Morning
by Guest Admin • • 0 Comments
This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. 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…
Money Morning, Must Read
The Next Federal Reserve Chairman: Summers Out, Yellen In – Money Morning
by Garrett Baldwin • • 0 Comments
This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. 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…
Money Morning, Must Read
How the Fed QE Taper Will Affect Foreign Markets – Money Morning
by Garrett Baldwin • • 0 Comments
This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. Hints from the U.S. Federal Reserve this week that the quantitative easing (QE) taper is near pushed the Dow down 105 points Wednesday – but the idea of less Fed stimulus has caused much more turmoil in certain…
Money Morning, Must Read
Check Out What the FOMC Meeting Minutes Did to the Stock Market – Money Morning
by Diane Alter • • 0 Comments
This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. In one of the most highly anticipated releases of the year, the Federal Open Market Committee (FOMC) meeting minutes from July 30-31 were released today (Wednesday). They will be picked apart for days – but here’s what you…
