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Did Bernanke Really Promise No Nationalization?
247wallst.com - 2/24/2009
Did Bernanke Really Promise No Nationalization?
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As Chairman of the Federal Reserve, Ben Bernanke is still a powerful and influential figure whether he is considered a “legacy post” of the Bush administration or not. Unlike Geithner, Bernanke is not entirely considered an administration mouthpiece. Of course, he is not exactly ...
pbs.org - 2/18/2009
FRONTLINE: inside the meltdown: watch the full program
— pbs.org — As the housing bubble burst and trillions of dollars' worth of toxic mortgages began to go bad... in 2007, fear spread through the massive firms that form the heart of Wall Street. By the spring of 2008, burdened by billions of dollars of bad mortgages, ... (more) FRONTLINE: inside the meltdown: watch the full program

Comments vote down The Mess That Greenspan Made found this 2/18/2009found this
The Bernanke rally
econbrowser.com - 2/25/2009
The Bernanke rally
— econbrowser.com — Tuesday's stock market rally was pretty impressive. But can the mere words of the Federal Reserve Chair... actually produce a 4% increase in the value of the U.S. capital stock? "Stocks up as Bernanke says recession to end in '09", declared the AP ... (more) The Bernanke rally

Comments vote down naked capitalism found this 2/25/2009found this
bloomberg.com - 2/24/2009
U.S. to Get Bank Ownership Stakes Only as Losses Rise (Update1)
— bloomberg.com — Feb. 24 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said the U.S. government’s bank-capitalization plan is... designed to shore up lenders’ common equity only if the economy worsens and creates more losses for financial institutions. The ... (more) U.S. to Get Bank Ownership Stakes Only as Losses Rise ...

Comments vote down Calculated Risk found this 2/24/2009found this

Blog Reactions

BloggingStocks:  Closing Bell: Dow up; Bernanke must have bought stocks; JPM, HD, MRVL, AIG, AXP

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Blog Reactions

Closing Bell: Dow up; Bernanke must have bought stocks; JPM, HD, MRVL, AIG, AXP
BloggingStocks — ... was trumped by a piece of Ben Bernanke testimony which took away at least an immediate rush into nationalism off the table. It has been a while since the Fed Head has run the market, and the comments were finite enough and open enough that you'd think he bought stocks. This led most of the financials higher, but it was still more in selective names. Here are today's unofficial closing bell levels: ...

Closing Bell: Dow up; Bernanke must have bought stocks; JPM, HD, MRVL, AIG, AXP
BloggingStocks — ... was trumped by a piece of Ben Bernanke testimony which took away at least an immediate rush into nationalism off the table. It has been a while since the Fed Head has run the market, and the comments were finite enough and open enough that you'd think he bought stocks. This led most of the financials higher, but it was still more in selective names. Here are today's unofficial closing bell levels: ...

Related: ben bernanke
Bernanke speech text: "Testimony by Chairman Bernanke on the Semiannual Monetary Policy Report to the Congress"
wallstfolly.typepad.com 2/24/2009 — Testimony by Chairman Bernanke on the Semiannual Monetary Policy Report to the CongressChairman Ben S. Bernanke Semiannual Monetary Policy Report to the CongressBefore the Before the Committee on Banking, Housing and Urban Affairs, U.S. Senate, Washington, D.C.February 24, 2009Chairman Dodd,... ...
Bernanke on Nationalization
calculatedriskblog.com 2/24/2009 — From Bloomberg: U.S. Will Take Bank ‘Ownership’ Stakes Only as Losses Climb (ht Anthony) Federal Reserve Chairman Ben S. Bernanke said the ... Treasury will buy convertible preferred stock as needed in the 19 largest U.S. banks after stress tests to ...
Bernanke calms nationalisation fears — FT Alphaville
US stocks leapt on Tuesday after Fed chairman Ben Bernanke told Congress that stress tests of big US banks from this week are unlikely to see any of them nationalised outright. His remarks signalled that the government intends to support major banks as going concerns in the private markets, ...
Noisy Silence — The Baseline Scenario
Ben Bernanke spoke at length today on Capitol Hill. But did he say anything? Over The Guardian’s on-line comment page , James and I suggest an answer. There was nothing new on the big macroeconomic issues of the age. And on banking, we remain disappointed…
Two Ways: Bernanke Fed Up With Credit Crisis — Minyanville
The focus of today’s trading was mostly on Federal Reserve Chairman Ben Bernanke who briefed the Senate Banking Committee about how the Fed is handling the credit crisis. According to the New York Times Bernanke told the senators the Fed is doing everything in its power to ...
Stocks Up On Bernanke Reassurance — Breaking News: CBS News
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Randoms: Have the Fireworks Only Just Begun? — Minyanville
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State of the Market - 2/24/09 — Chart Swing Trader
Wall Street finally got that oversold bounce so many have been looking for today, as after a slow start, stocks gradually moved higher throughout the day and closed with large gains. The main move started a little before 2:00, supposedly on news of Ben Bernanke saying that this recession ...
The Big If — Economist's View
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Midday Market Update: Banks, Bernanke and ETFs Are All Over the Place — ETF Trends
Federal Reserve Chairman Ben Bernanke has told Congress that this recession will end by the time the year 2009 ends, soothing Wall Street and exchange traded funds (ETFs) for the moment. Bernanke Speaks. Although the economy will no doubt contract for the next six months, Ben Bernanke claims he...
Bernanke: Economy In "Severe Contraction" — Breaking News: CBS News
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Chairman Ben S. Bernanke Semiannual Monetary Policy Report to the Congress — The Big Picture
Chairman Ben S. Bernanke Semiannual Monetary Policy Report to the Congress Before the Committee on Banking, Housing and Urban Affairs, U.S. Senate, Washington, D.C. February 24, 2009 ~~~ Chairman Dodd, Senator Shelby, and members of the Committee, I appreciate the opportunity to discuss ...
Randoms: Is Ben Bernanke a Contrary Indicator? — Minyanville
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Bernanke: 2010 Will be Year of Recovery — Calculated Risk
From Fed Chairman Ben Bernanke: Semiannual Monetary Policy Report to the Congress In their economic projections for the January FOMC meeting, monetary policy makers substantially marked down their forecasts for real GDP this year relative to the forecasts they had prepared in October. The ...
Look Ahead: Fed and Housing — The Big Picture
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Inflation Signals — Kudlow's Money Politic$
Is inflation dead? While Ben Bernanke and most of the economics profession believes that it is , this is largely because of the Phillip’s curve — which argues a trade-off between unemployment and inflation, or recession and recovery. Since jobs and the economy are falling, and unemployment is ...
Fed Chairman Bernanke Not Yet Worried About Inflation — Daily Markets
Federal Reserve Chairman Ben S. Bernanke said on Wednesday that he expects inflation to be “quite low for some time,” but that the Federal Open Market Committee will begin publishing its long-term inflation forecasts to promote transparency. A steep drop in commodities prices has ...
Bernanke Speaks on Economy — The Big Picture
Live! From National Press Club in Washington D.C.: Fed Chairman Ben Bernanke Reveals Fed’s Long-Term Economic Forecast Part I [FIRST PART - 12:04] Part II [SECOND PART - 12:37] Bloomberg, February 18, 2009
Bernanke Cites Drawbacks to Nationalizing Banks — DealBook
Ben Bernanke, the chairman of the Federal Reserve, expressed skepticism Wednesday about the prospect of nationalizing troubled banks and suggested that President Obama's administration would much prefer to keep financial institutions in private hands. His comments, at a luncheon at the National ...
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Fed Chairman Ben Bernanke spoke today: Federal Reserve Policies to Ease Credit and Their Implications for the Fed's Balance Sheet . Bernanke made a comment that could be interpreted as inflation targeting: Later today, with the release of the minutes of the most recent FOMC meeting, we will be ...
Covering the bases: the last burning question for Bernanke at the National Press Club — Wall Street Folly
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"Speech by Chairman Bernanke on Federal Reserve policies to ease credit and their balance sheet implications" — Wall Street Folly
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