Paul Volcker
Fed's Greenspan on monetary policy after Oct 1979
In a speech on 'Monetary policy twenty-five years after October 1979' given on 7 October, Federal Reserve chairman Alan Greenspan praised former central bank chief Paul Volcker's "decisive action" against rising prices at a landmark meeting of the…
A Bretton Woods that never was
Richard Roberts recalls the last official effort to create a coherent design for an international monetary system.
Ex-BoE governor George joins Nestle board
Former governor of the Bank of England Sir Edward George has swapped gold bars for chocolate bars after being appointed to the board of Nestle, the world's largest food and confectionary company, according to the Daily Telegraph. He follows in the wake…
Volcker airs concerns about volatility of ex rates
Former Federal Reserve Chairman Paul Volcker voiced concern Monday that too little attention is paid to the volatility of exchange rates. He also said the US economy had left itself exposed as to whether a future correction of the current account deficit…
Banking Bunkum
ARTICLE - The Asia Times takes a look at central banks and suggests they have similar characteristics to libraries, where books and money serve the same purpose. They also tell us that ex Federal Reserve chairman Paul Volcker once said "central bankers…
Paul Volcker a favourite for new accounting board
US - Paul Volcker, the former chairman of the Federal Reserve, has emerged as one of the front-runners to lead the new accounting oversight board created by the recently passed corporate reform bill, a government source confirmed with CNN on Friday.
Open letter by Kenneth Rogoff to Joseph Stiglitz
LETTER - An open letter by Kenneth Rogoff, Economic Counsellor and Director of Research, International Monetary Fund, to Joseph Stiglitz, author of Globalization and Its Discontents (New York: W.W. Norton & Company, June 2002), Washington D.C., 2 July.
Andersen hires Volcker to restore confidence
US - Accounting giant Arthur Andersen, under attack for its auditing of Enron's finances, said Sunday it has tapped former Federal Reserve Board chairman Paul Volcker to help overhaul its business procedures.
Indonesian Wahid's advisers say rethink c.bank law
Prominent foreign advisers to Indonesia's embattled president, including ex-Fed chairman Paul Volcker, urged him to stick with the IMF and to drop current proposals to revamp the central bank law which have become a nasty thorn in relations with the Fund.