2008 Financial Crisis

[The fall of 2005 marked a watershed event for precious metals markets as President George W. Bush nominated the Chairman of his Council of Economic Advisers, Ben Bernanke, to replace outgoing Federal Reserve Chairman Alan Greenspan at the nation's central ...  

Federal Reserve Governor Elizabeth Duke said the unresolved status of government-sponsored mortgage firms Fannie Mae and Freddie Mac is restraining the recovery in the housing market by contribution to a choked off supply of credit. “I believe ...  

US Federal Reserve chairman Ben Bernanke Thursday signalled that the US banking system is stronger, but added that tight lending continues to constrain the mortgage market. "Banks still have to do more to restore their health and adapt to the post-crisis regulatory and economic environment," Bernanke said in a speech at the Chicago Fed's annual conference on banks....  

Ben Bernanke, chairman of the Board of Governors of the Federal Reserve System and the most powerful central banker in history, had a long and distinguished career as an academic prior to joining the Fed. He is routinely described as one of the leading ...  

The U.S. government has launched a plan to deal with failed companies that could touch off another Lehman-like incident that could set off instability in the financial markets. The Federal Deposit Insurance Corporation’s (FDIC) acting chairman Martin Gruenberg on Thursday outlined steps that the federal...  

(Please visit the site to view this media)CNBC's Steve Liesman reports on statements made by Fed Chairman Ben Bernanke at the Fed conference on banking in Chicago. "Overall, I think this is a pretty upbeat Fed chairman who is not really inclined to making too many upbeat comments about the banking industry," he says....(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.  

The Troubled Asset Relief Program (TARP) is a program initiated by the US government, funded by taxpayers, in October 2008 to bail out the banking and housing sector after the 2008 financial crisis. Due to the program's complexity and "repayment" schemes ...  

In late February Fed Chairman Ben Bernanke started warning lawmakers about the looming "massive fiscal cliff" that would bring the U.S. economy to its knees if Congress cannot agree on long-term fiscal decisions. Bernanke explained that the ...  

Even creditworthy borrowers are finding it difficult to get a mortgage nowadays and it's unlikely banks will ease their standards anytime soon, according to Ben Bernanke, chairman of the Federal Reserve. "A return to pre-crisis lending standards ...  

CBC.caBernanke: US Banking System Getting HealthierFox BusinessFederal Reserve Chairman Ben Bernanke said on Thursday the US banking system has made substantial progress toward becoming healthier since the financial crisis but noted there still were problem lending areas. "Conditions in the banking system -- and ...Bernanke: Banking Is Stronger, but Lending Still TightWall Street Journal (blog)Bernanke-US banking system healthier after...  

Fed Chairman Ben Bernanke had a dire warning for Senate Democrats at a ... But Senate Majority Leader Harry Reid (D-Nev.) reiterated his strong opposition to a House Republican bill to replace the defense sequester with deeper cuts to health care and ...  

John Taylor of Stanford University, a supporter of the Brady legislation and a frequent critic of Fed Chairman Ben Bernanke, said a clear price-stability goal would eliminate the Fed’s “more unpredictable, discretionary policies.”  

Great American Insurance Group is pleased to announce the hiring of Michael Haney as Divisional Vice President. Mr. Haney will lead Great American Financial Resources Inc. and the Annuity & Supplemental Group’s Risk Management function.  

The United States is far behind on reforming the country's housing finance system, where the government's mortgage buyers Fannie Mae and Freddie Mac provide funding for the bulk of U.S. home loans, Treasury ...