Showing related tags and posts accross the entire site.
-
In additional, prepared comments that were not published prior to delivery, Fed Chairman Ben Bernanke clarified exactly why the Treasury needs to take such extraordinary action to save the financial market. Bernanke said there are complex securities worth billions of dollars, but pricing them is not...
-
The Federal Reserve announced several initiatives on Sunday, including " enhancements to its existing liquidity facilities ." In the Federal Reserve's press statement, Chairman Ben Bernanke said the steps will "mitigate the potential risks and disruptions to markets." The collateral...