Elsewhere on The Exxchange: Federal Reserve | FDIC | Henry Paulson | Christopher Cox | TARP | Bailout |
Mish's Global Economic Trend Analysis is the #1 Blogger for Ben Bernanke
U.S. taxpayers may not be done bailing out American International Group Inc. after the head of the Federal Reserve said a fourth rescue of the insurer was needed to keep the financial system from failing.
Last month, Senator Jeff Merkley (D-OR) was the sole Democrat on the Banking Committee to vote against reconfirming Ben Bernanke as Chairman of the Federal Reserve. The good news is that more Democrats have come out to oppose Bernanke. The bad news is that more Democrats have come out in sup...
Mon, Jan 25 | from The Left Coaster