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2010-03-12 04:10
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Posts Tagged ‘chairman’

Greek debt crisis pulls down markets

GREECE’S debt crisis rattled investors again yesterday and sent markets south despite overnight gains on Wall Street.
Reassurance from Federal Reserve chairman Ben Bernanke that interest rates would stay low for some time pleased investors, who sent the Dow Jones up 91.75 points, or 0.89 per cent.
But concerns over the weak United States job market and poor housing sales data outweighed the promis… more

Bernanke takes aim at Wall Street over Greece

Federal Reserve Board Chairman Ben Bernanke testifies during a hearing before the House Banking Committee on Capitol Hill.Fed chairman Ben Bernanke told lawmakers the central bank is looking Wall Street’s use of a sophisticated investment instrument to make bets that Greece will default on its debt.










Ben BernankeWall StreetCentral bankGreek languageBusiness

FX Briefing: Euro Falls to 12-Month Low against Yen

The dollar remains on a firm footing. In spite of attempts by US central bank chairman Ben Bernanke and his colleagues to dampen rate hike expectations triggered by last week’s increase in the discount rate by repeatedly stating that interest rates would remain “at exceptionally low levels for an extended…

Support builds for Bernanke as vote nears

Federal Reserve Chairman Ben Bernanke, left, meets with Sen. Richard Durbin (D-Ill.) before a meeting at the U.S. Capitol on Monday.Democratic leaders on Tuesday rounded up support for Ben Bernanke, aiming for a vote as early as Thursday to confirm him for a second term as chairman of the Federal Reserve.










Ben BernankeDemocraticChair of the Federal ReserveFederalReserveFederal Reserve System

AIG bailout probe widens to include Paulson

A House committee is broadening its probe of secretive bank bailouts to include former Treasury Secretary Henry Paulson and former Federal Reserve Bank of New York Chairman Stephen Friedman.







Federal Reserve Bank of New YorkUnited States Secretary of the TreasuryHenry PaulsonFederal Reserve SystemGovernment

Fed may sound upbeat note on economy

In this Dec. 7, 2009 file photo, Federal Reserve Chairman Ben Bernanke is introduced before speaking during a discussion hosted by The Economic Club of Washington.Focused on keeping the recovery going and driving down double-digit unemployment, the Federal Reserve is poised to leave interest rates at a record low.










BenBernankeFederal Reserve SystemInterest rateFederalReserveChairman

Senate panel to consider Bernanke nomination

The Senate Banking Committee will hold a hearing Dec. 3 on Federal Reserve Chairman Ben Bernanke's nomination to a second term.Federal Reserve Chairman Ben Bernanke’s nomination to a second term will be the subject of a Senate Banking Committee hearing next month, the panel’s chairman said Friday.













Ben BernankeChairman of the Federal ReserveUnited States Senate Committee on Banking Housing and Urban AffairsFederal Reserve SystemGovernment

A cautionary tale for S-chip investors

ONE big question that emerges from the whole sorry Sino-Environment saga is why trading of its shares continued for six months after it became likely that the company would be brought down by the problems that beset it.
Waste recycler Sino-Environment hit the headlines in March when its founder and chairman, Mr Sun Jiangrong, abruptly admitted he had put the company in jeopardy as a result of exce… more

Bernanke: Act now on financial overhaul

The Fed's chief urged Congress to pass legislation overhauling the financial system to prevent another banking, credit crisis, CNBC's Steve Liesman reports. (CNBC)Fed chairman Bernanke  prodded Congress to enact legislation overhauling the nation’s financial regulatory system to prevent a repeat of the banking and credit debacles.







China’s CIC wealth fund muscles up as markets recover (Reuters)

Reuters – China Investment Corp is investing as much overseas each month this year as it did in all of 2008, Lou Jiwei, the chairman of the $298 billion sovereign wealth fund, said on Saturday.

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