Tag Archive for Federal Reserve Chairman

Merkel urges ‘political’ union to solve EU crisis – Full Story

Merkel urges ‘political’ union to solve EU crisis (via AFP) German Chancellor Angela Merkel pushed for a stronger European political union Thursday amid growing international calls for action as fears of a Spanish banking meltdown fuelled the eurozone crisis. In the United States, Federal Reserve Chairman Ben Bernanke became the latest to sound the alarm…

Bernanke’s Garbage Conomic Models Mistook Housing Bust for Dot-Com Bubble

by Peter Orszag “In a speech last month about the financial crisis, Federal Reserve Chairman Ben S. Bernanke trenchantly noted that the initial losses from the dot-com bust were about the same size as those from the housing meltdown — yet the two episodes had very different economic consequences. What Bernanke didn’t say was that…