Tags: Bernanke + Fed + Federal Reserve + Greenspan + obama + Regulatory Reform + Treasury
Regulatory reform of the US financial system has been put on the front burner with the Obama Administration’s outline of changes it desires. No argument here that reforms are necessay as the ‘too big to fail’ banks essentially embarked on a campaign to put greed in front of integrety and the law to issue credit [...]
June 18, 2009 - Economy, Markets, Politics - 0 Comments
Tags: Bernanke + Congress + Economy + Federal Reserve + Markets + Treasury
Major market indices have moved considerably higher posting above-normal recessionary highs while also hovering atop their 200 day moving averages. Meanwhile the dollar is being pressured as a result of investor’s steadfast belief that emerging market economies will eventually decouple from the impaired developed economies. The falling dollar, not an unopposed move by the [...]
June 11, 2009 - Economy, Markets, Politics - 0 Comments
Tags: Add new tag + Banks + Congress + Fed + Federal Reserve + Regulation + Regulatory Reform + SEC + Treasury
These are extraordinary times and no series of actions underscores this fact than the actions of the Federal Reserve and US Treasury to stabilize the banking system. Because of these unprecedented actions crossing the line from monetary to fiscal policy, the Congress sought to amend GAO oversight and audit of the Fed’s actions. Originally Senate [...]
June 6, 2009 - Markets, Politics - 0 Comments
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