Gag Me With Lawrence Summers Robert Scheer – Huffington Post The idea that Barack Obama would still consider appointing Lawrence Summers to head the Federal Reserve rather than order an investigation into this former White House official’s Wall Street payments, reported Friday by the Wall Street Journal, mocks the president’s …
An Institutional Flaw At The Heart Of The Federal Reserve
The Baseline Scenario An Institutional Flaw At The Heart Of The Federal Reserve Posted: 14 Jun 2012 07:10 AM PDT By Simon Johnson. This is a long blog post, about 2,800 words. On the ?PBS NewsHour? in late May, Treasury Secretary Timothy Geithner indicated that the continued presence of Jamie …
Frank and Levin Call on Administration to Clarify Position on Capital Controls
WASHINGTON — Congressman Barney Frank, Ranking Member of the House Committee on Financial Services, and Congressman Sander Levin, Ranking Member of the House Committee on Ways and Means, today released a letter to Treasury Secretary Timothy Geithner, expressing concern over future U.S. free trade agreements if the very important subject of …
Break Bank of America up: Keep only the Retail operation!
Three Questions For The Financial Stability Oversight Council Posted: 03 Sep 2011 04:16 AM PDT By Simon Johnson The Dodd-Frank financial reform legislation of 2010 created a Financial Stability Oversight Council (FSOC), with the task of taking an integrated view of risks in and around the U.S. financial sector. The …
The Banking Emperor Has No Clothes
An article from The Baseline Scenario The Banking Emperor Has No Clothes Posted: 09 Jun 2011 03:10 AM PDT By Simon Johnson In a major speech earlier this week to an American Bankers Association conference, Treasury Secretary Tim Geithner laid out his view of what went wrong in the financial …
Gordon Brown Vs. Larry Summers: Battle of Global Economic Titans
A newsletter from The Globalist Gordon Brown Vs. Larry Summers: Battle of Global Economic Titans To what degree have these economic heavyweights changed their ways since leaving office — and which one would make a credible candidate to lead the IMF? The Richter Scale explores. Tim Geithner: Eternal Optimist, or …
Significant Development on the Smart FTT
Guest Blog by Angus Cunningham, Principal, Authentix Coaches, www.authentixcoaches.com, March 2011 The New York Times carried an article yesterday by Gretchen Morgenson, who often writes on issues of financial reform, in which the US Treasury appears, so far, to be supporting the case of big banks for unrestricted freedom in …
Energy & Capital: Conventional Economic Forecast But With Some Good Insights
The G20’s Wall of Doom: Five Trends for Q4 By Christian A. DeHaemer | Friday, October 22nd, 2010 As I write this, the preliminary meeting for the Group of 20 largest economies is taking place. U.S. Treasury Secretary Tim Geithner wants to force the Chinese to inflate the yuan to …
TARP Is Gone – But May Soon Be Back
TARP Is Gone – But May Soon Be Back The Troubled Asset Relief Program, or TARP, is over – more specifically, its legal authority expires on Sunday, so it cannot be used for new “bailout” activities (although legacy programs, with money already disbursed, could last 5 to 10 years.) The …
Summers: Good Riddance
The good news: Summers is gone Jan 1 (no word yet on Geithner). The bad news? I am not sure what (if any) impact this will have on the administration’s economic policies. To review: Summers is the former Clinton Treasury Secretary, mentored by Robert Rubin. As such, he was one …
- Page 1 of 2
- 1
- 2