Morgan Stanley finally pays $275 million for subprime RMBS fraud

Morgan Stanley finally pays $275 million for subprime RMBS fraud

SEC charged company with misrepresenting loans

New home sales collapse, erasing recent surge

Sales 11.5% down YOY; fall to 406,000 annual pace

Fannie Mae offers new suite of HomePath financing

Goodbye HomePath Mortgage and HomePath Renovation

Items Tagged with 'Ben Bernanke'


Monday Morning Cup of Coffee: Citi allowed to self-police operations

Deutsche Bank is not as lucky
February 23, 2014
Also, newly released FOMC minutes from the 2008 reveal how the regulators misjudged the depth of the crisis at the beginning and stopped short of using the word "recession." Plus, did the FDIC close any banks in February?
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What is the biggest issue on Yellen’s desk?

Unemployment rate falls fast
February 3, 2014
After three years as second-in-command at the Federal Reserve, new Chairman Janet Yellen will now be faced with the big question: what should the central bank do about unemployment?
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Bernanke couldn’t stay away for long

Joins Brookings Institution economic studies program
February 3, 2014
Former Federal Reserve Chairman Ben Bernanke did not step away from the office for long. Just days after finishing his last Federal Open Market Committee meeting, he announced he will be affiliated with the Brookings Institution’s Hutchins Center on Fiscal and Monetary Policy.
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Ben Bernanke begins his final FOMC meeting

Market awaits news of further tapering
January 28, 2014
Stocks are mostly up and projected to break a five-session skid as investors await the outcome of Fed Chairman Ben Bernanke’s last Federal Open Market Committee meeting.
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The man behind the Federal Reserve

Bernanke manages to win over a few critics
January 27, 2014
Federal Reserve Chairman Ben Bernanke will preside over his last Fed policy meeting Tuesday and Wednesday. During his tenure as chairman, he managed to surprise industry experts by helping stabilize the market and restoring investor confidence. Here's a look back at his heavily criticized days leading the Fed.
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Bernanke: QE works in practice but not theory

That just happened
January 16, 2014
One hopes that what he pretended was a joke will follow Fed Chairman Ben Bernanke for the remainder of his days, and will be the one line accompanying his picture in some future textbook on what not to do.
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Fed officials stay cautious in shifting market

FOMC minutes reveal careful pace of bond purchases
January 8, 2014
Minutes from the Federal Reserve's latest Federal Open Market Committee meeting paint a promising picture for America’s housing market even though members remain cautious heading into the future.
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Yellen approved as Fed Chair with weak support

New chair faces uphill battle, questions on Fed's continuing shepherding
January 6, 2014
New Fed Chair Janet Yellen faces an uncertain economy and contentious partners in dealing with a weak economy and a tepid recovery.
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Monday Morning Cup of Coffee: Markets, jobs data test Fed's taper

An uncertain start to 2014 gets its first test this week in trading
January 6, 2014
This will be the first full week of trading and everyone’s eyes will be on the upcoming release of December job data and the unemployment rate, and whether the numbers support the Fed’s decision to start tapering monthly bond purchases. The monthly BLS jobs data is among the top metrics watched by the Fed when it considers how to steer monetary policy.
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Ben Bernanke reminds us he inherited this economic mess

Helicopter Ben's swansong speech modest, and rightly so
January 3, 2014
Outgoing Fed Chair Ben Bernanke gave a cautiously optimistic speech, patting himself on the back but not too hard and reminding everyone the downturn started before he took office in 2006. Symbolism abounded and promises of more easing was pleasing to markets.
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