Entries tagged "Federal Reserve Board Chairman Ben Bernanke"
In Senate testimony, the Federal Reserve chief expresses his concerns over the bailouts when grilled by senators.
Ben Bernanke appearing before the Senate Budget Committee lent his support to the White House's attempts to stimulate the economy.
With nationalization off the table, the Federal Reserve is left to deal with zombies that eat up billions in bailout money.
The Fed chairman finally gives markets a clear signal on the nationalization question.
Federal Reserve Board Chairman Ben Bernanke strongly endorsed the Treasury Department's declared strategy of pumping billions into the country's largest banks to shore up their quivering balance sheets and to ensure stability in the financial system. In his semi-annual appearances to discuss monetary policy before the Senate Banking and House Financial Services Committees, Bernanke said Tuesday a new capital assistance program the Treasury is designing will be critical to ending the recession this year. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research...
