While we await the 2:00pm FOMC minutes . . . Clay Bennett via Slate
Corporate Bailouts Through History
I came across an interesting piece in BusinessWeek from December 2007 on one of my favorite subjects: Corporate Bailouts Through History....
Paul Volcker on the Financial Crisis
Sunday afternoon video: Paul Volcker describes the financial crisis to the Joint Economic Committee of Congress on May 14, 2008 – 7...
Policy Shift: Can the Fed Identify & Pop Asset Bubbles?
Interesting discussion in the FT Wednesday about a potential major shift in Fed philosophy: Maybe its a bad idea for Central Banks to...
The Fed’s Balance Sheet
Dr. Janet Yellen presented at the Certified Financial Analysts Institute Annual Conference yesterday. The slide show that accompanied...
WSJ: Fed’s Stern Says U.S. Recession likely
Q: Do you think we’re going to avoid a recession? A: No. But there are recessions and then there recessions. The previous...
Ben Bernanke, Improvisor
A must read piece is in the upcoming June 2008 Bloomberg Markets Magazine titled: The Improviser "Ben Bernanke, the...
When Should the Fed Bailout the Economy?
Peter Bernstein, author of such books as Against the Gods: The Remarkable Story of Risk, has an interesting piece in the Sunday NYT,...
Trichet Warns of `Protracted’ High Inflation
Unlike the Federal Reserve, Trichet and the EC are very concerned with high Inflation: Click for Video Remember, the EC has a single...
Greenspan Quote of the Day
In Barbara Walters new memoir "Audition – A Memoir,” she discusses dating Alan Greenspan. We also learn that...