Leading bank analyst Chris Whalen has raised the question of whether criminal charges should be brought against former Treasury Secretary Hank Paulson.Any discussion of whether Paulson committed unlawful actions as Treasury Secretary needs to start wit…
Posts Tagged ‘Chairman Ben Bernanke’
July 22: NOL, Wilmar, Keppel, CapitaMall Trust, Pacific Shipping Trust, HLN Technologies, …
July 22nd, 2010 |
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Singapore stocks are likely to come under pressure on Thursday, after Federal Reserve Chairman Ben Bernanke’s dour assessment of the US recovery sent shares on Wall Street reeling overnight.
Singapore’s benchmark Straits Times Index (.FTSTI) fell 0.76% on Wednesday to 2,926.09 points.
Neptune Orient Lines (NEPS.SI), the world’s fourth-largest container shipping firm, has placed an order with Daewoo Shipbuilding & Marine Engineering (042660.KS) for new container ships worth US$1.2 billion ($1.65 billion).
Congressman Grayson Now Backs Sanders Amendment
May 7th, 2010 |
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Congressman Grayson’s office sent me the following announcement:Rep. Alan Grayson Applauds Upcoming Partial Victory in Senate “There is deep bipartisan support for a full audit of the Federal Reserve, in both the House and the Senate. The Sanders …
US stocks fall on lower consumer debt
April 8th, 2010 |
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Major US stock indices declined Wednesday after government data showed consumers were reluctant to take on more debt, and Federal Reserve Chairman Ben Bernanke hedged his bets on economic recovery.
“The economy seems to have stabilized and is beginning to grow again,” Bernanke said in a speech from Dallas, Texas. “But we are far from being [...]
US economy ‘not yet out of woods’: Fed chief
April 8th, 2010 |
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The US economy seems to be recovering but it is “far from being out of the woods,” Federal Reserve Chairman Ben Bernanke said Wednesday.
In prepared remarks to business people in Dallas, Bernanke said that the financial crisis, the worst one since the Great Depression of 1930s, looks to “be mostly behind us.”
“The economy seems to [...]
Feb 25: CityDev, Indofood Agri Resources, Hyflux, Koon Holdings
February 25th, 2010 |
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Singapore’s benchmark Straits Times Index (.FTSTI) fell 0.7% to end at 2,762.14 yesterday. US stocks closed higher last night after Federal Reserve Chairman Ben Bernanke reassured lawmakers interest rates will remain low, promising more cheap money to investors.
City Developments (CTDM.SI) posted a 77% rise in fourth quarter net profit of $177 million, beating the consensus estimate, on higher profits from property development. The company said it achieved its highest full year revenue and second highest profit since its inception in 1963.
McCain: Paulson and Bernanke Promised that the $700 Billion Troubled Asset Relief Program Would Focus on the Housing Meltdown
February 22nd, 2010 |
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The Arizona Republic reports: Sen. John McCain of Arizona … says he was misled by then-Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke. McCain said the pair assured him that the $700 billion Troubled A…
Feb 11: CapitaLand, ComfortDelgro, Great Eastern Holdings
February 11th, 2010 |
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Singapore’s benchmark Straits Times Index (.FTSTI) fell 0.39% to close at 2,734.39 points yesterday.
US stocks dipped last night as worries over Federal Reserve Chairman Ben Bernanke’s strategy after the economy recovers offset optimism about a possible rescue for debt-laden Greece.
Here are some stocks which may see unusual trading today.
CapitaLand (CATL.SI), Southeast Asia’s biggest property firm, posted an 11% rise in quarterly profit, boosted by a one-time gain from the listing of its shopping arm.
Singapore bus and taxi operator ComfortDelgro (CMDG.SI) said today its full-year net profit rose 9.7% to $219.5 million, helped by a drop in fuel and electricity costs.
Oversea-Chinese Banking Corp’s (OCBC.SI) insurance arm Great Eastern Holdings (GELA.SI) posted a 94% rise in fourth quarter net profit to $148 million after a turnaround in its investment performance.
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Ben Bernanke, Federal Reserve Chairman, TIME Magazine Person Of The Year 2009
December 16th, 2009 |
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Federal Reserve Chairman Ben Bernanke, who helped steer the U.S. economy through its most challenging days since the Great Depression, was named TIME Magazine’s 2009 Person of the Year on Wednesday.
Visit msnbc.com for breaking news, world news, and news about the economy
Dec 8: Cosco, Hongkong Land, NOL, M1, StarHub, SingTel
December 8th, 2009 |
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The following companies may have unusual price changes in trading today, say Bloomberg and Thomson Reuters. Share prices are from the previous close. Singapore’s Straits Times Index added 0.2% to 2,796.98 last evening.
US stocks ended slightly lower last night after comments by Federal Reserve Chairman Ben Bernanke sparked jitters about the economic recovery. Bernanke said the economy faces “formidable headwinds”, including a weak labour market and tight credit conditions.
Bernanke Blames Banks For Slow Recovery and High Unemployment . . . Then Gives Them a Pat on the Back and a Wink
November 16th, 2009 |
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As I have repeatedly written, unemployment will worsen because the too big to fails aren’t lending. See this.Bernanke just said the same thing:Federal Reserve Chairman Ben Bernanke on Monday blamed banks for slowing the recovery and keeping unemploymen…
Galbraith: Fed is Unlawfully Withholding Information from Congress
October 26th, 2009 |
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The Federal Reserve is unlawfully withholding information from Congress.Says who?Says noted economist James Galbraith:To this day, Chairman Ben Bernanke has refused to disclose to Congress exactly who has received help under the many crisis measures an…
Senator Sanders: “Don’t Believe Anybody Who’s Telling You ‘The Recession is Over’ “
September 19th, 2009 |
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Senator Sanders writes today:Federal Reserve Chairman Ben Bernanke said, “it is very likely that the recession has ended.” Well, let me just suggest to Mr. Bernanke that today we have about 17 percent of our workforce – 26 million Americans – who are…
Why Obama Isn’t Breaking Up the Insolvent Banks
September 14th, 2009 |
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Top economists and financial experts believe that the economy cannot recover unless the big, insolvent banks are broken up in an orderly fashion.There is no logical reason not to break them up.So why isn’t the Obama administration doing so?For all of t…
Fed Survey: Economy Has “Begun To Stabilize, Albeit At A Low Level.”
July 29th, 2009 |
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WASHINGTON — The economy is finally showing signs of stabilizing in some regions of the country – especially in parts of the Northeast and Midwest – bolstering hopes of a broader-based recovery this year.
A Federal Reserve s…
Bernanke’s Own Finances Dipped In 2008
July 29th, 2009 |
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WASHINGTON (Reuters) – Federal Reserve Chairman Ben Bernanke was among the many Americans whose finances took a sharp hit in 2008, according to disclosure forms released by the central bank on Tuesday.
More on Ben Bernanke
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U.S. And China Pledge ‘Balanced Growth’ After Meeting
July 28th, 2009 |
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WASHINGTON — Treasury Secretary Timothy Geithner said Tuesday that the United States and China have reached agreement on the need to work toward more balanced global growth once the current economic crisis has ended.
Geithner spoke as t…
Bernanke: “I Had To Hold My Nose” Over Bailouts
July 27th, 2009 |
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WASHINGTON — Federal Reserve Chairman Ben Bernanke said Sunday that he had to “hold my nose” over last year’s taxpayer-financed bailouts of big financial companies but argued that the action had to be taken to avoid a major meltdown of t…
Mid-Week Comment Dec 9: You better watch out
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