Highlights
A collection of news and information related to Ben Bernanke published by Tribune Company sources.
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Fed minutes show worry about protracted weak economy
Even as Federal Reserve officials last month slashed their key interest rate to a record low and pledged to use other unconventional tools to fight the worst financial crisis since the 1930s, they still feared the economy would be stuck in a painful rut...Tags: Federal Reserve, Credit Ratings, Money and Monetary Policy, Freddie Mac
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Insight into rate cut spurs market rally
Wall Street brushed off more bad economic news Tuesday and finished with a rally that left stocks at their highest levels in two months. Stocks finished with moderate advances after stumbling in the early going because of data that gave mixed readings on...Tags: Financial Markets, Money and Monetary Policy, Stock Activities, Clubs and Associations, Sales
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Meltdown 101: What kind of information comes to light when the Fed releases its minutes?
AP Economics WriterWASHINGTON (AP) — Clues about where Federal Reserve officials see the economy heading — or how they can better battle the worst financial crisis since the 1930s — can be uncovered in documents released a few weeks after their closed-door...Tags: Federal Reserve, Credit Ratings, Government Debt, Consumers, Financial Markets
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Fed: Economic woes will last despite radical moves
Associated PressWASHINGTON -- Even as Federal Reserve officials slashed their key interest rate to a record low and pledged to use other unconventional tools to fight the worst financial crisis since the 1930s, they still feared the economy would be stuck in a painful...Tags: Federal Reserve
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Wall Street follies
2008 marked the end of Wall Street's "Masters of the Universe" phase -- roughly three decades of head-spinning financial engineering, astronomic compensation and an intricate global web of deal-making. By year's end, New York's five largest investment...Tags: Credit Ratings, Federal Reserve, Bank of America Corp., Banking, Investment Service
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Following the money is tough
The Associated PressGovernment officials overseeing a $700 billion bailout have acknowledged difficulties tracking the money and assessing the program's effectiveness. The information was contained in a document, released Wednesday, of a Dec. 10 meeting of the Financial...Tags: Federal Reserve, Christopher Cox, Financial Markets, U.S. Department of Treasury, Financial and Business Services
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Dropping the (crystal) ball: This crisis duped executives and regulators
"Nobody could have predicted this," Wall Street pros like to say as they seek to absolve themselves for failing to foresee the financial system meltdown of 2008. Well, almost nobody at the top of the financial industry saw what was coming, that's for...Tags: History, Fannie Mae, Big 3 Auto Bailout, Bankruptcy, Wachovia Corp.
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Officials: Tracking Bailout Money Is Difficult
Associated PressGovernment officials overseeing the $700 billion bailout have acknowledged difficulties tracking the money and assessing the program's effectiveness. The information was in a document, released Wednesday, of a Dec. 10 meeting of the Financial Stability...Tags: Federal Reserve, Chrysler LLC, Christopher Cox, U.S. Department of Treasury, General Motors Corp.
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Was 2008 The Beginning Of Another Great Depression?
McClatchy-TribuneIt wasn't 1929, but like that infamous year, 2008 is sure to be remembered by economic historians as one unlike any other. "We had a much simpler financial system back then. The number of wild and crazy things that happened this year is completely...Tags: Bonds, History, Fannie Mae, Unemployment, Foods and Beverages
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Facial hair today . . . Cabinet job tomorrow
Los Angeles TimesWhen President-elect Barack Obama named New Mexico Gov. Bill Richardson as his pick for commerce secretary this month, his former Democratic rival appeared beside him, cleanshaven -- another devastating blow to facial hair in the long-running battle of...Tags: Federal Reserve, Eric Holder, Local Elections, Trade Policy, Barack Obama
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Obama picks 3 veteran financial regulators
Associated Press WriterPresident-elect Barack Obama has chosen three veteran financial regulators to serve the country as it faces unrelenting turmoil in financial markets and the broader economy. Democratic officials say Obama wants Gary Gensler to head the Commodity...Tags: Paul Sarbanes, Bill Clinton, Christopher Cox, SEC, Metal
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Obama picks 3 financial regulators
Associated PressCHICAGO -- President-elect Barack Obama has chosen three veteran financial regulators to serve the country as it faces unrelenting turmoil in financial markets and the broader economy. Democratic officials say Obama wants Gary Gensler to head the...Tags: Paul Sarbanes, Bill Clinton, Christopher Cox, SEC, Metal
Jan 7, 2009
|Story| Newsday
Jan 7, 2009
|Story| Hampton Roads Daily Press
Jan 6, 2009
|Story| Associated Press
Jan 6, 2009
|Story| Los Angeles Times
Jan 4, 2009
|Story| Los Angeles Times
Jan 1, 2009
|Story| Orlando Sentinel
Dec 31, 2008
|Story| Los Angeles Times
Jan 1, 2009
|Story| Associated Press
Dec 31, 2008
|Story| McClatchy-Tribune
Dec 22, 2008
|Story| Orlando Sentinel
Dec 18, 2008
|Story| Associated Press
Dec 18, 2008
|Story| Los Angeles Times
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