Topic: Ben Bernanke
SEC examines destabilizing effects of CDS
Reuters US Online Report Business News
WASHINGTON (Reuters) - Securities regulators said on Thursday they are examining the potential abuses and destabilizing effects of credit default swaps, a financial instrument that can be used to speculate on an issuer's credit worthiness. The Securities and Exchange Commission comments come after Federal Reserve Chairman Ben Bernanke said regulators ...
Obama bank plan may have unintended consequences: Bernanke
AFP American Edition
Federal Reserve chairman Ben Bernanke told lawmakers Thursday that a proposal by President Barack Obama aimed at curbing risky bank activity may be difficult to enforce and have "unintended consequences." Testifying in the US Senate, Bernanke answered questions about Obama's proposal based on the "Volcker Rule" devised by former ...
Fed Chair Bernanke Testifies On Monetary Policy To Senate Committee
Getty Images
Bernanke wants answers on Goldman role in Greece
Reuters US Online Report Business News
WASHINGTON (Reuters) - U.S. regulators are looking into how Wall Street firms like Goldman Sachs <GS.N> helped debt-stricken Greece arrange derivatives deals that critics say were used to disguise the size of its budget deficits. Federal Reserve Chairman Ben Bernanke made the disclosure on Thursday and suggested ...
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