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The Swampby Mark Silva The White House apparently had no interest in any market-moving today. An afternoon meeting of the president's Working Group on Financial Markets was supposed to offer some coverage by pool reporters. But, as President Bush, Treasury...
Spin CycleDespite a significant flap over her refusal to agree to limits or additional disclosure on her husband's foreign fundraising, Hillary Clinton seems headed for confirmation after a deferential hearing in which she emphasized diplomacy. The Washington Post,...
The Swampby Frank James As expected, the Federal Reserve did the expected today, leaving unchanged a key interest rate which is essentially at zero. Still, the statement by the Fed's policymaking team, the Federal Open Market Committee, is noteworthy for a......
The Swampby Frank James Wall Street wasn't alone in reacting badly to Treasury Secretary Timothy Geithner's financial stabilization plan. Last night when Obama administration officials briefed members of Congress on the plan, lawmakers were amused. An excerpt from...
The Swampby Frank James Federal Reserve Chairman Ben Bernanke may be taking the housing foreclosure crisis more personally than a lot of other Washington policymakers since his childhood home in Dillon, S.C. was recently in foreclosure. The Wall Street Journal...
The SwampFederal Reserve Chairman Ben Bernanke appears on a television screen on the trading floor of the New York Stock Exchange Tuesday, Feb. 24, 2009. (AP Photo/Richard Drew) by Frank James While leaving open the chance the economy could start......
Spin CycleFed Chairman Ben Bernanke drew the national spotlight Tuesday on Capitol Hill with his testimony -- and got an earful from Vermont Sen. Bernie Sanders who wanted to know which private banks were receiving loans. The testy exchange is......
The Swampby Frank James Federal Reserve Chairman Ben Bernanke on Tuesday called for a major reform of the financial regulatory system to create more "holistic" oversight of the world's largest financial institutions in an effort to avoid a repeat of the......
The SwampWatch CBS Videos Online by Frank James It was refreshing to see Federal Reserve Chairman Ben Bernanke do an on-the-record interview, breaking the central bank's tradition that the top official doesn't do interviews. It's too bad it took the worst......
Tags: CBS Corp., Ohio, Federal Reserve, Nevada, State Budgets
Spin CycleFrom Newsday's business staff, Ellen Yan tells us the public can read the 15-page retention contract online, courtesy of the House financial services subcommittee, whose members were the ones grilling chief executive Edward Liddy the other day. The...
The Swampby Mark Silva Timothy Geithner, the somewhat embattled Treasury secretary whose strategy for settling the "toxic assets" clogging the nation's financial markets -- as Treasury's Henry Paulson and Federal Reserve Chairman Ben Bernanke warned at the close...
The Swampby Frank James Financial crises may result in the destruction of wealth and the dreams of many private citizens. But they're like fertilizer for the federal government, cultivating new agencies and employees meant to address the weaknesses in the overall....
Sep 16, 2008 |Blog| Chicago Tribune
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Mar 24, 2009 |Blog| Chicago Tribune
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