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Ben Bernanke

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  • 2009 transcripts reveal Fed confronting a chaotic banking system

    2009 transcripts reveal Fed confronting a chaotic banking system
    Transcripts of Federal Reserve meetings in 2009 showed central bank officials struggling to contain the worst financial crisis in seven decades and searching for the right policies to halt a deepening economic downturn.
  • Business Highlights

    ___ Size matters: Phones as big as they can get for easy use There was a time you could count on phones getting larger each year. Samsung's runaway success with the big-screen smartphone even spurred Apple to release a supersized model this year. But if...

    Gloom and gallows humor in Fed's 2009 transcripts

    Federal Reserve officials faced the worst of the Great Recession in early 2009: a collapsing economy hemorrhaging jobs, a plunging stock market and banks saddled with bad debts, refusing to lend. Transcripts from the Fed's 11 meetings that year, released...

    Fed struggled in 2009 over how to boost economy, papers show

    As the Great Recession inflicted worsening damage on the U.S. economy, the Federal Reserve struggled during 2009 to determine the best corrective steps to pursue. Transcripts of their meetings released Wednesday showed that the Fed's policymakers...

    Transcripts: Bernanke was 'uncomfortable' with Bank of America bailout

    CHARLOTTE, N.C. Amid the financial crisis in January 2009, then-Federal Reserve Chairman Ben Bernanke told colleagues he was "uncomfortable" with providing extra aid to Bank of America. But he said he also wasn't willing to draw a line on bailouts if it...