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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: Ben Bernanke

Ben Bernanke stories: 248 news summaries

41 - 60 of 248 Stories | << Prev 1 2 3 4 5 6 7 ... 13 Next >>

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OPINION

This Rally Is for Suckers, Courtesy of the Fed


May 12, 09 9:37 AM CDT
(Newser) - The Dow has soared a whopping 30% since March 9, but Andy Kessler doesn’t think the good times are here again. “This sure smells to me like a sucker’s rally,” he writes in the Wall Street Journal. Earnings aren’t up. The market is just... More »

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Ben Bernanke • stock market • Federal Reserve • Treasury Department • bear market • bull market • stress tests

Bernanke: Risks Remain Despite Stress Tests

But Fed chief is encouraged by
bank response

May 12, 09 2:31 AM CDT
(Newser) - Big banks' response to "stress tests" has been encouraging but they will need to watch out for risks not covered by the tests, Ben Bernanke warned regulators yesterday. The Fed chief—signaling that investment giants like Goldman Sachs can expect tighter scrutiny—said banks should self-test for potentially disastrous... More »

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Ben Bernanke • Federal Reserve • bank • credit crisis • banking industry • financial crisis • TARP • stress tests

(Newser) - It's official: The stress-test results are out, and the feds say 10 of the nation's 19 biggest banks need to raise a total of $75 billion in capital to weather a future downturn, the Wall Street Journal reports. The banks, five of which are regional, are:
  • Bank of America:
... More »

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Ben Bernanke • Bank of America • Treasury Department • banks • banking industry • Timothy Geithner • stress tests

 Stress-Tested Banks 
 Need Just $100B 

Investors find causes for optimism in capitalization news

May 7, 09 7:25 AM CDT
(Newser) - Leaked results of the stress tests on America's biggest banks separate sufficiently capitalized banks—including JPMorgan Chase, MetLife, AmEx, and Goldman Sachs—from underfunded ones such as BofA, Wells Fargo, and Citi. Bank shares rose sharply yesterday and today, and some investors said the results were better than they feared.... More »

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Ben Bernanke • Goldman Sachs • Federal Reserve • recession • bank • Treasury Department • JPMorgan Chase • banks • Timothy Geithner • TARP • MetLife • stress tests

 Bernanke Sees
 Economy Stabilizing 

But not going to improve quickly

May 5, 09 11:11 AM CDT
(Newser) - It looks like the economy is stabilizing, Ben Bernanke told the congressional Joint Economic Committee today, but recovery won’t be quick, and there are still “sizable job losses” on the horizon. “We continue to expect economic activity to bottom out, then to turn up later this year,... More »

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Congress • Ben Bernanke • Federal Reserve • testimony • economy

BofA CEO Says Feds Urged Silence on
Merrill Losses

Shareholders kept in the dark to ensure deal

Apr 23, 09 7:36 AM CDT
(Newser) - Bank of America's CEO felt pressured by Fed Chairman Ben Bernanke and Treasury chief Henry Paulson to withhold details of last year's Merrill Lynch acquisition from shareholders, including mounting losses at Merrill that triggered a $20 billion bailout, the Wall Street Journal reports. BofA CEO Ken Lewis said in testimony... More »

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Ben Bernanke • Bank of America • Henry Paulson • mergers and acquisitions • Merrill Lynch • financial crisis • Ken Lewis

ANALYSIS

 Bernanke's 
 PR Campaign 
 Strips Fed Mystique 

Fed chief considering press briefings as part of push for more open central bank

Apr 15, 09 6:53 AM CDT
(Newser) - Ben Bernanke is breaking from his predecessors at the Federal Reserve by giving the public a less obstructed view of the Fed's role in the big picture, the Wall Street Journal reports. Bernanke, thrust into the spotlight by the financial crisis, has ditched the man-behind-the-curtain mystique earlier chiefs reveled in... More »

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Ben Bernanke • Federal Reserve • central bank • financial crisis • Lawrence Summers

MARKETS

 Dow Drops 138 

Retail report also drives declines

Apr 14, 09 3:26 PM CDT
(Newser) - Stocks sank today on a 1.1% drop in retail sales for March, and losses deepened after both President Obama and Ben Bernanke gave speeches cautioning against undue economic optimism, the Wall Street Journal reports. Both acknowledged “tentative signs” of recovery but stressed the long road ahead. The Dow... More »

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Barack Obama • Ben Bernanke • retail • Dow Jones • Nasdaq • S&P 500

Fed to Banks: Keep Quiet on Stress Tests

Officials worry leaked results will cause market chaos

Apr 10, 09 12:38 PM CDT
(Newser) - The Federal Reserve is adopting a loose-lips-sink-ships policy when it comes to the “stress tests” being administered to big US financial firms. Goldman Sachs, Citigroup, and others have been ordered to keep quiet about their financial report cards, Bloomberg reports. Officials fear that should those results leak, investors would... More »

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Ben Bernanke • Federal Reserve • Treasury Department • financial sector • Timothy Geithner • stress tests

 Geithner Asks Congress 
 for Broad Takeover Powers 

Defends actions during AIG bailout

Mar 24, 09 10:37 AM CDT
(Newser) - Timothy Geithner today asked Congress for expanded power to take the helm of big, failing  institutions like AIG and wind them down in an orderly fashion, Reuters reports. “AIG highlights broad failures of our financial system," Geithner said in unusually spirited testimony before the House Financial Services Committee.... More »

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Ben Bernanke • testimony • AIG • Treasury Department • bank regulation • Obama administration • financial crisis • Timothy Geithner

Disgraced Credit Raters
See Windfall in Fed Plan

Moody's, S&P could earn big rating Fed bond deals

Mar 20, 09 10:49 AM CDT
(Newser) - Credit-rating companies faulted for their role in creating the financial crisis could rake in more than $1 billion in Ben Bernanke’s new plan to prop up the financial system, the Wall Street Journal reports. The Fed is planning $7 billion worth of bond deals, and they'll need the approval... More »

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Ben Bernanke • Federal Reserve • bonds • Standard and Poor • Moody's • credit rating

Analysis

 Fed Nearly 
 Exhausts Options  

With rates at 0%, politically unsavory buying program only tool left

Mar 18, 09 8:53 AM CDT
(Newser) - The Fed is almost sure to leave the federal funds rate alone today, mostly because, at about 0%, it literally can’t go any lower. So with deflation still looming, what’s Ben Bernanke to do? One Goldman Sachs analyst says the Fed needs to shave the equivalent of 8... More »

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inflation • Ben Bernanke • Goldman Sachs • Federal Reserve • deflation • Fed funds rate • financial crisis

'Massive' Asset Purchases Likely Loom for Bernanke

Fed expected to step up purchase of mortgage securities

Mar 17, 09 7:05 AM CDT
(Newser) - The Federal Reserve is expected to step up its buying of mortgage securities after policymakers meet today and tomorrow, Bloomberg reports. The outlook for the economy and job market has gotten bleaker since the Federal Open Market Committee last met 6 weeks ago and analysts believe Ben Bernanke is likely... More »

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Ben Bernanke • Federal Reserve • recession • US economy • Federal Open Market Committee • financial crisis • TALF

 Bernanke Optimistic 
 in Rare TV Interview 

Fed chairman sits down for rare one-on-one amid crisis

Mar 16, 09 2:31 AM CDT
(Newser) - The recession will likely end this year, Fed Chairman Ben Bernanke declared yesterday on 60 Minutes in his first interview since taking office. Fed chairmen don't typically give TV interviews—the last one was Alan Greenspan in 1987—but Bernanke ventured out from behind the curtain to reassure the public.... More »

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Ben Bernanke • Federal Reserve • AIG • 60 Minutes • financial crisis • President Obama

 Economists 
 Rate Obama, 
 Geithner: 'F' 

Obama, Geithner score poorly in survey; Bernanke does better

Mar 12, 09 8:19 AM CDT
(Newser) - Barack Obama retains high approval ratings with the public, but a panel of economists had a far more negative view, reports the Wall Street Journal. A majority of 49 economists polled said they were dissatisfied with the president's economic policies. Asked to score his tenure out of 100, economists gave... More »

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Barack Obama • Ben Bernanke • economist • approval ratings • Obama administration • financial crisis • Timothy Geithner

MARKETS

 Market Bounces 300+ 
 on Bernanke, Citi News 

Citi leads way as Bernanke comments give boost

Mar 10, 09 11:16 AM CDT
(Newser) - The Dow surged more than 300 points this morning, as investors welcomed news from Citigroup CEO Vikram Pandit that his bank had shown a profit the first two months of this year, and optimistic comments from Fed chairman Ben Bernanke. The Dow had risen 312 points by noon, led by... More »

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Ben Bernanke • stock market • Wall Street • Citigroup • Dow Jones

(Newser) - Even as the financial crisis rages, Ben Bernanke says it’s time for broad regulatory reforms to stem future crises. Bernanke said today “too big to fail” institutions should be more tightly watched, perhaps by his Federal Reserve. He also admitted that the US hadn’t been prudent with... More »

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Ben Bernanke • Federal Reserve • credit crisis • economy • bank regulation • financial crisis

OPINION

Obama 'Dithering' on Bank Rescue: Krugman

Toxic asset plans just aren't going to work

Mar 6, 09 9:23 AM CST
(Newser) - Barack Obama has repeatedly said that bold action is needed to save the financial system, and he’s probably right, writes Paul Krugman in the New York Times. So it’s a shame he isn’t taking any. “The reality is that when it comes to dealing with... More »

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Barack Obama • Ben Bernanke • Paul Krugman • Obama administration • Troubled Asset Relief Program • Timothy Geithner • toxic assets

(Newser) - Senate Banking Chairman Chris Dodd has introduced a bill to allow the FDIC to borrow up to $500 billion from the Treasury Department, the Wall Street Journal reports. It’s the latest attempt to bolster the fund that insures consumer deposits, which has been ravaged by a string of... More »

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Ben Bernanke • Chris Dodd • banking • FDIC • banking industry

 Bernanke Backs Stimulus Bill 

Bigger deficits are worth the benefits, Fed chair tells Congress

Mar 3, 09 12:00 PM CST
(Newser) - Ben Bernanke supported the Obama administration’s economic policy before Congress today, the Wall Street Journal reports. The $787 billion stimulus bill should boost “demand and production” and soften job losses over the next 2 years, the Federal Reserve chief told the Senate Budget Committee. The expansion of government... More »

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Barack Obama • Ben Bernanke • Federal Reserve • economics • budget • economic stimulus package • Obama administration • financial crisis • President Obama

41 - 60 of 248 Stories | << Prev 1 2 3 4 5 6 7 ... 13 Next >>


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