econbrowser.com - 2/25/2009
—
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 headline . But Andrew Leonard
(hat tip: Mark ...
federalreserve.gov - 2/18/2009
—
federalreserve.gov —
Chairman Ben S. Bernanke At the National Press
Club Luncheon, National Press Club, Washington, D.C. February 18,...
2009 Federal Reserve Policies to Ease Credit and Their Implications for the Fed's Balance Sheet We live in extraordinarily challenging ...
(more)
FRB: Speech--Bernanke, Federal Reserve Policies to Ease ...
pbs.org - 2/18/2009
—
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
bloomberg.com - 2/24/2009
—
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
Blog Reactions
Links 2/25/09
naked capitalism —
Lifeline for endangered albatross BBC First evidence of a supernova in an ice core physics arXiv Thousands queue at New York job fair Financial Times The Media Continue to Ignore Welfare for Citi Shareholders Beat the Press AIG’s Liddy May Shift Strategy as Asset Sales Stall Bloomberg and As A.I.G.’s Losses Grow, Its Survival Options Shrink New York Times The Bernanke rally Jim Hamilton Bernanke - the pot calls the kettle black Bruce Krasting German CDS debt ...
links for 2009-02-25
Economist's View —
Enough With the Moral Hazard Fears - James Surowiecki
Green Fights - The Bellows
Environmental Economics vs Environmentalism - Tim Haab
The Bernanke rally - Econbrowser
Bernanke Says Recovery Is at Least a Year Away - NYTimes.com
Killing (or Maiming) a Sacred Cow: Home Mortgage Deductions - Economix
Obama’s misguided timetable - Clive Crook
Greenspan could have found cure at pharmacy - John Kay
How bank bonuses let us ...
Basic Survival Skills 101
Lawrance G. Lux —
... Ben Bernanke tries a different style, and does a creditable Job of it. His real accomplishment was to appear relaxed under the bombardment of the Witch Hunt. He established the principle that it is stylish to be Wrong, something which Paul Krugman still must learn. Paul outlines that the Fed would still be buying bankrupt entities by nationalization of the banks; a factor which is true, but Paul loses Points by becoming excited by the argument over it. He would do much better to liken the process to buying a truly overused Car, defining the Banks are real Lemons. I have always ...
Wednesday links: lowered standards
Abnormal Returns —
... “Can the mere words of the Federal Reserve Chair actually produce a 4% increase in the value of the U.S. capital stock?” (Econbrowser) ...
Related Content
Which Bernanke? Whose Bubble?
baselinescenario.com 8/25/2009 — Ben Bernanke will be nominated for a second term as chairman of the Federal Reserve. But which Bernanke are we getting? There are at least three.
The Bernanke who led the charge to rescue the US (and world’s) financial system after the Lehman-AIG collapse. If you accept that the ...
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 ...
Inflation and the Fed
economistsview.typepad.com 4/3/2009 — Simon Johnson and James Kwak argue that Ben Bernanke is "radically redefining
his institution," and that his "willingness to pump money into the economy risks
unleashing the most serious bout of U.S. inflation since the early 1980s, ...
Did Bernanke Really Promise No Nationalization?
247wallst.com 2/24/2009 — 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 ...
The Bernanke ReappointmentTour
calculatedriskblog.com 7/27/2009 — Fed Chairman Ben Bernanke kicks off his reappointment tour with a town hall meeting today in Kansas City, Mo. Jim Lehrer will host. From Don Lee at the LA Times: Chairman Ben Bernanke confronts challenges to Federal Reserve's record With his term ...
Bernanke on the Fed's balance sheet
econbrowser.com 1/14/2009 — In remarks in London today, Fed Chair Ben Bernanke let the world know how he views the risks and benefits of the recent dramatic changes in the assets and liabilities of the U.S. Federal Reserve.
One of Bernanke's goals was to reassure the public ...
Bernanke Says Fed May Buy Treasuries to Aid Economy (Update3)
bloomberg.com 12/1/2008 — Dec. 1 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said he has “obviously limited” room to lower interest rates further and may use less conventional policies, such as buying Treasury securities, to revive the economy. The U.S. economy ...
Fed Watch: When Does Faith in Financial Engineering Wane?
economistsview.typepad.com 3/2/2009 — Tim Duy wonders how long it will be until the Fed gives up on the idea that financial engineering can resolve the problems in financial markets:
When Does Faith in Financial Engineering Wane?, by Tim Duy : The data flow is truly horrible, ...
Bernanke: So Far, So Good, On Credit Moves
globaleconomicanalysis.blogspot.com 2/12/2009 — It's hard to make up this kind of stuff, so pay attention to the headline and Bernanke's comments in the story So far, so good, on credit moves: Bernanke says Federal Reserve Board Chairman Ben Bernanke said the innovative programs he has engineered ...