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Paul Volcker

Paul Volcker
Paul A. Volcker served two terms as Federal Reserve chairman under Presidents Jimmy Carter and Ronald Reagan. While some of Volcker's policies during that time, including rapid increases in interest rates, were considered unpopular, he is credited with helping tame the United States' inflation problems of the 1970s.

Following his leadership role in the Fed, Volcker had been tapped in 2004 to research possible corruption in the United Nations Oil for Food Program. Volcker's latest appointment comes as chairman of the President's Economic Recovery Advisory Board under President-elect Barack Obama.

Born in 1927 in Cape May, N.J., Volcker earned a bachelor's degree from Princet...
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Paul A. Volcker served two terms as Federal Reserve chairman under Presidents Jimmy Carter and Ronald Reagan. While some of Volcker's policies during that time, including rapid increases in interest rates, were considered unpopular, he is credited with helping tame the United States' inflation problems of the 1970s.

Following his leadership role in the Fed, Volcker had been tapped in 2004 to research possible corruption in the United Nations Oil for Food Program. Volcker's latest appointment comes as chairman of the President's Economic Recovery Advisory Board under President-elect Barack Obama.

Born in 1927 in Cape May, N.J., Volcker earned a bachelor's degree from Princeton and a master's from the Harvard University Graduate School of Public Administration. Before leading the Federal Reserve, he served as chairman of the Federal Reserve Bank of New York.
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Top Paul Volcker Articles

Displaying items 34-44
  • Brand X Files: 'Lost' finale explained? Kendra's porn tape payday. Rand Paul is the new Sarah Palin

     
    'Lost': Ruined by its own fans? The finale of a once-great series tells us everything we didn't really want to know. (Salon)Kendra Wilkinson's first paycheck for sex tape: $680,000! Ex-boyfriend is said to have 20 more tapes of pin-up. (Radar) Why you...
  • Wall Street Roundup: Volcker disappointed, how big banks got off easy

     
    Little job growth: American private companies added only 13,000 jobs in June, according to a private data company, disappointing analysts who had expected more job growth. AIG and Goldman testify: Goldman Sachs and AIG executives who have managed to...
  • Obama: Wall St. reforms to avert crisis

     
    by Peter Nicholas and Janet Hook, updated at 1:50 pm EDT NEW YORK -- President Barack Obama made a case for tougher regulation of the nation's large banks today while dismissing Republican charges that he is creating conditions for unending......
  • Reefer madness: Reform our crazy marijuana laws

    Reefer madness: Reform our crazy marijuana laws
    The militarization of the Mexican border is a new phenomenon for two nations whose militaries have traditionally been made to stay out of politics. There are constant expansions of our prisons, and further explosions of the drug-related caseloads of our...
  • Is it time to eliminate the penny?

    Is it time to eliminate the penny?
    Editor's note: Robert Whaples is professor of economics and chair of the Economics Department at Wake Forest University. He is the co-editor of the forthcoming, "The Handbook of Modern Economic History and The Handbook of Major Events in Economic History"...
  • PASSINGS: Beryl W. Sprinkel, Richard Hamtok Pae

    Beryl W. Sprinkel Economic advisor to Reagan Beryl W. Sprinkel, 85, who served as chairman of the Council of Economic Advisers during the Reagan administration and who helped guide the administration's response to the October 1987 stock market crash,...
  • Financial crisis fails to get its just due with TV talking heads

    It's hard to know where to start in dissecting the inane debate on the economic crisis that has dominated the presidential race in recent days. Commentators, particularly of the cable television variety, have probed Sarah Palin's (suspect) chops for...
  • Untangling our taxes

    Untangling our taxes
    On Tax Day, the most beguiling promise an American president can make to the millions of people rushing to complete their Internal Revenue Service forms is to pursue a simpler tax code. So it wasn't surprising to hear President Obama make that pledge...
  • Regulators: Past, present, future

     
    We all live now with the consequences of massive underregulation and lack of executive and Congressional oversight of Wall Street. Two important pieces of reading: 1. The Wall Street Journal (including former Newsday reporter Tom McGinty) offered this...
  • Obama: Banking bonuses 'outrageous'

     
    by Mark Silva and updated. President Barack Obama had one reaction to the story today about bonuses for banking executives benefiting from the $700-billion federal bailout already in progress. "Outrageous'' - that's the word from White House Press...
  • Obama: Job losses demand stimulus

     
    by Mark Silva President Barack Obama sees in the newest report of unemployment today - 3.6 million jobs lost since the start of the recession a little over a year ago - another signal that Congress cannot afford to wait......