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Ben Bernanke

Fed emails point to BoA pressure on Merrill deal

Emails sent by Federal Reserve officials and subpoenaed by government investigators appear to back claims that Ben Bernanke pressurised Bank of America to go ahead with its takeover of investment bank Merrill Lynch after the bank attempted to back out of…

Roubini praises Geithner

Nouriel Roubini, the economist most often identified as having predicted the crash, has complimented Tim Geithner for his performance as the United States treasury secretary and as head of the New York Federal Reserve.

Bernanke stresses benefits of innovation

Ben Bernanke, the chairman of the Federal Reserve, has urged lawmakers to beware of regulating to prevent financial innovation, though he acknowledged that new products had to be transparent and understandable.

Bernanke: emergency aid will be repaid

The Federal Reserve's support facilities for specific institutions carry more risk than traditional central bank liquidity support, but we nevertheless expect to be fully repaid, said Ben Bernanke, the chairman of the central bank.

Bernanke, Dudley justify Talf

Ben Bernanke, the chairman of the Federal Reserve, and William Dudley, the president of the New York Fed, moved to temper fears among lawmakers that the central bank's Term Asset-Backed Securities Loan Facility (Talf) puts taxpayers' money at risk.

AIG cited as case for shadow-bank rules

The American International Group (AIG) situation highlights the need for strong, effective consolidated supervision of all systemically-important financial firms, said Ben Bernanke, the chairman of the Federal Reserve.

AIG cutting costs, Bernanke assures senator

Ben Bernanke, the chairman of the Federal Reserve, has moved to soothe Congressional anger over the bailout of American International Group (AIG), saying that the beleaguered insurer had been forced to adhere to strict cost-cutting measures, according to…

Bernanke moots Fed for systemic-risk role

Ben Bernanke, the chairman of the Federal Reserve, on Tuesday called for the Fed to be involved in "some capacity" in monitoring system-wide threats to financial markets. His comments came as part of a raft of proposals to overhaul regulation in America…

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