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Why Fiscal Stimulus Is Not Enough
baselinescenario.com - 1/13/2009
Why Fiscal Stimulus Is Not Enough
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Ben Bernanke gave a speech today that will be discussed for, well, at least a few days, outlining the Federal Reserve’s response to the financial crisis. We will probably devote a couple of posts to it (Simon already mentioned it below .) Although the Obama team and Congress have been ...
econbrowser.com - 1/14/2009
Bernanke on the Fed's balance sheet
— econbrowser.com — 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 ... (more) Bernanke on the Fed's balance sheet

Comments vote down Economist's View found this 1/14/2009found this
The Fall of the House of Weill
dealbook.blogs.nytimes.com - 1/13/2009
The Fall of the House of Weill
— dealbook.blogs.nytimes.com — John S. Reed, Sanford I. Weill and Robert E. Rubin in 1999. After little more than a... decade, the very model of the modern financial superpower is collapsing. As Citigroup weighs a plan to break itself apart, it is essentially seeking to unwind the ... (more) The Fall of the House of Weill

Comments vote down Dealbreaker found this 1/13/2009found this
The Fiscal Stimulus: What Will Work?
forbes.com - 1/9/2009
The Fiscal Stimulus: What Will Work?
— forbes.com — Last year at this time, Congress and the White House were so concerned about an economic downturn... that they agreed in record time to a $152 billion stimulus bill that sent $300 rebate checks to every taxpayer. The theory was that people would ... (more) The Fiscal Stimulus: What Will Work?
Comments vote down Marginal Revolution found this 1/9/2009found this

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Economist's View:  Bernanke Q&A

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Bernanke Q&A
Economist's View — ... policy alone won't be enough, if we want to sustain the stimulus we need to repair financial markets, and there is more work to do there, including more recapitalization, more guarantees, and (perhaps) direct purchases of toxic assets. Without such measures, which are complements to fiscal policy, it's possible that the fiscal stimulus will die out after the initial impulse rather than being sustained. James Kwak continues along these lines:  Why Fiscal Stimulus Is Not Enough: Ben Bernanke gave a speech today ...

Related: ben bernanke federal reserve
Ben Bernanke Holds Q&A Session
ritholtz.com 1/13/2009 — Live! From LSE in London, England: Outgoing Federal Reserve Chairman Ben Bernanke Answers Questions (FULL CLIP - 20:43)
Bernanke Hints Banks, Economy In Much Worse Shape Than Previously Admitted
globaleconomicanalysis.blogspot.com 1/14/2009 — At the Stamp Lecture, London School of Economics, London, England, Bernanke Urges ‘Strong Measures’ to Stabilize Banks Federal Reserve Chairman Ben S. Bernanke warned that a fiscal stimulus won’t be enough to spur an economic recovery and that the ...
A cat fight at the Fed
themessthatgreenspanmade.blogspot.com 1/15/2009 — Apparently they're not all singing from the same hymn book these days over at the Federal Reserve as Philly Fed President Charles Plosser has broken ranks with Fed Chief Ben Bernanke on how the central bank is using its massive balance sheet in what ...