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Bernanke: Lower Interest Rates Are 'Feasible'Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year. ... |
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Bernanke: Economic weakness to continueFederal Reserve Chairman Ben Bernanke said on Monday that the nation's economic weakness will continue for some time, even if the government's efforts to boost lending help restore the credit markets to normal. ... |
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Jonathan Tasini: Robert Rubin: Coward Or Liar--Or Both?The inevitable is happening: the people who lead us over cliff and helped spark the collapse of our financial system are running for cover. They want to avoid responsibility for the debacle. And among those running to hide is Robert Rubin. In an extraordinary interview published today in The W... |
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Former Treasury Secretary Rubin On Meltdown: "Nobody Was Prepared For This"Robert Rubin speaks up for himself: "Nobody was prepared for this," Mr. Rubin said in an interview. He cited former Federal Reserve Chairman Alan Greenspan as another example of someone whose reputation has been unfairly damaged by the crisis. More on Alan Greenspan ... |
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Obama names ex-Fed chair to head markets panelUS President-elect Barack Obama has named former Federal Reserve chairman Paul Volcker as chair of a new panel to advise him on stabilising financial markets and averting a painful recession. ... |
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Obama Picks Volcker to Head New Economic PanelPaul Volcker, former chairman of the Fed, has agreed to lead a new White House economic advisory committee, President-elect Barack Obama said. ... |
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