pimg style=float:right; src=http://static8.businessinsider.com/image/4e9d7c8969bedd7445000023/goldman-sachs.jpg border=0 alt=Goldman Sachs //ppThe Wall Street Journalnbsp;a href=http://online.wsj.com/article/SB10001424052970203721704577157290190698480.html?mod=rss_whats_news_usamp;utm_source=feedburneramp;utm_medium=feedamp;utm_campaign=Feed%3A+wsj%2Fxml%2Frss%2F3_7011+%28WSJ.com%3A+What%27s+News+US%29reports/anbsp;that Goldman Sachs has offered buy a bundle of risky a href=http://www.businessinsider.com/blackboard/aig class=hidden_linkAIG/a bonds acquired by the NY Fed in 2008.nbsp;/p pAccording to sources, Goldman has offered to buy a third of a pool of mortgages with unpaid principal of $20 billion and valued...
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Tags: Bid, Fed, goldman sachs, proprietary trading, Sachs, subprime mortgages
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Reuters – Top Federal Reserve officials disagreed on Wednesday over how aggressive the central bank should be to spur faster growth and bring a lofty jobless rate down more quickly.
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Tags: Fed, fed officials, federal reserve officials, jobless rate, Reserve, Top
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Reuters – Federal Reserve officials on Tuesday signaled more help for the U.S. economy may be necessary despite recent data that suggested the recovery was picking up steam going into 2012.
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Tags: Fed, fed officials, federal reserve, federal reserve officials, help, Reserve
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pThe Federal Reserve doled out a staggering 7.77 trillion dollars in secret loans in an effort to stabilize banks during thenbsp; financial crisis mdash; cheap money from the public purse that the banks subsequently lent out at higher rates for a profit of $13 billion dollars, a href=http://www.bloomberg.com/news/2011-11-28/secret-fed-loans-undisclosed-to-congress-gave-banks-13-billion-in-income.html target=_blankBloomberg News reports/a./p pAlthough a href=http://www.businessinsider.com/blackboard/bloomberg...
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Tags: bloomberg report, Congress, Fed, federal reserve chairman, TARP, true magnitude
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AP – The second-ranking member of the Federal Reserve said the central bank will conduct a fourth round of stress tests in the coming weeks to determine if U.S. banks can withstand a recession.
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Tags: Fed, federal reserve, member, recession, Reserve, stress tests
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Reuters – Defending the Federal Reserve on the turf of his harshest critics, central bank chief Ben Bernanke said the Fed was intently focused on lowering unemployment and warned strains from Europe could trigger global economic shocks.
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Tags: ben bernanke, central bank chief, economic shocks, Fed, Reserve, unemployment
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AP – Let’s wait and see.
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Tags: economy, Fed, Let
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AP – The president of the Federal Reserve Bank of Dallas says he opposed the Fed’s latest attempt to boost economic growth because it probably won’t work — and could scare consumers and hurt bank earnings.
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Tags: Fed, federal reserve bank, federal reserve bank of dallas, mdash, president, Reserve
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Reuters – Two top Federal Reserve officials on Monday defended the central bank’s most recent effort to boost growth, and one suggested further steps may be justified.
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AP – Operation Twist doesn’t give consumers much to shout about.
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Reuters – The Federal Reserve on Wednesday looks set to launch a fresh effort to invigorate the faltering economic recovery, embarking on what could be the first in a series of incremental steps to foster stronger growth.
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Tags: economic recovery, Fed, federal reserve, incremental steps, outlook, Reserve
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AP – Oil prices hovered below $87 a barrel Wednesday in Asia as traders looked to a U.S. Federal Reserve meeting for possible stimulus measures to spur economic growth.
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Tags: ap oil, Fed, fed policy, Oil, oil prices, Reserve
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