Central Bankers Believe That Rebound Has Begun
Central bankers and economists are attending a meeting in Jackson Hole, Wyoming this week, where Ben S. Bernanke, chairman of the Federal Reserve, expressed optimism today about the return to growth in the near term for the United States and the rest of the world. Bernanke was joined by world central...
Congress Skeptical of the Administration’s Proposed Regulatory Overhaul
Treasury secretary Timothy Geitner went before the Senate banking committee on Thursday to explain the administrations plans on financial regulation, and was greeted with much skepticism. There is a great deal of criticism of the proposed regulations by not only congressional members, but throughout...
Geithner, Member and Overseer of Finance Club
In an in depth article in Monday’s New York Times Jo Becker and Gretchen Morgenson paint a picture of the challenge facing Treasury Secretary Timothy Geithner during the ongoing financial crisis. Geithner is constantly being second-guessed about the rescue’s costs and results, as he is the...
Opinion: Both Parties are to Blame for Financial Meltdown
I can’t help but to blame both political parties for our financial meltdown. While it’s true that some of the failed policies of the Bush Administration over the last eight years led us to financial ruin, both parties had a hand in the mortgage meltdown and here’s how. The Republicans...