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  • Bernanke subdued on Fed's consumer protection role

    Oct 1st, 2009 - Boston

    WASHINGTON—Federal Reserve Chairman Ben Bernanke told Congress Thursday that the central bank is "well suited" to oversee colossal financial companies whose failure could endanger the entire economy.

  • Dollar, Yen Rise on Concern G-20 Will Curb Riskier Investments

    Sep 24th, 2009 - Bloomberg

    Sept. 25 (Bloomberg) -- The dollar and the yen rose againstthe euro amid speculation that Group of 20 leaders will agree totemper riskier investments, boosting demand for so-called safe-haven currencies.

  • Congress wary of 'plain vanilla' bank proposal

    Sep 22nd, 2009 - Washington Post

    WASHINGTON -- Congress is expected to reject President Barack Obama's proposed mandate that banks offer customers "plain vanilla" financial products, such as a 30-year fixed mortgage. Rep...

  • Help Wanted: AIG financial products

    Mar 26th, 2009 - CNNMoney

    (breakingviews.com) -- We the people got what we wanted. Most of the top executives at AIG's financial products arm have agreed to pay back their bonuses. So, too, have many of the derivative business' rank and file employees. So...

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