Ben Bernanke

  • News

    Ben Bernanke Would Love People To Poke Around The AIG Bailout

    Ah Bernanke and his perfect sense of timing. Ben decided to play nice today and wrote a letter to GAO Acting Comptroller Gene Dodaro to let him know that the Fed would “welcome a full review by GAO of all aspects of our involvement in the extension of credit to AIG.” Even though he’s on […]

    / Jan 19, 2010 at 3:00 PM
  • News

    Move Over, Beard

    And suck it, Gretchen Morgenson. Here’s the real man of the year. Master of risk who did God’s work for Goldman Sachs but won it little love [FT]

    / Dec 24, 2009 at 10:18 AM
  • News

    Charlie Gasparino: ‘Time’ Got It Wrong On Person Of The Year

    Yesterday, Time named Ben Bernanke Person of Year. This news didn’t sit right with country reporter Charlie Gasparino. Any old hobo would’ve been a better choice, but as luck would have it, Chaz has someone in particular in mind, who is more deserving of the award. And that, CG says, is Charlie Gasparino.

    / Dec 17, 2009 at 11:38 AM
  • News

    Senate Banking Commitee Backs Beard

    16-7.

    / Dec 17, 2009 at 11:19 AM
  • News

    Jim Bunning Wants To Send Ben Bernanke Back To Princeton

    [via ZH] Unfortunately, despite some inspired lines, his delivery sucks. Next time get someone to do a dramatic reading. Christopher Walken, Alec Baldwin, Al Pacino and Gary Busey would all be good picks (though you’ll never land The Buse, especially during the holiday party season). If you’d like to read along, the full statement, courtesy […]

    / Dec 3, 2009 at 4:38 PM
  • News

    Starting A List

    Of Senators who are under the impression that The Beard’s last name is ‘Ber-na-ke’. Obviously this will be added to throughout the day. * Sen. Richard Shelby * Sen. Chris Dodd (really?)

    / Dec 3, 2009 at 10:10 AM
  • News

    It’s Not You, Ben, It’s Me, Love, Chris Dodd

    Well, here’s a fun twist to Sen. Chris Dodd’s proposal to castrate the Federal Reserve: Big Ben Bernanke is set to travel to the Hill at some point after Thanksgiving for a few rounds with the gentleman from Connecticut, who heads the committee considering Bernanke’s renomination as chairman of the soon-to-be-inconsequential Fed. Now, Dodd is […]

    / Nov 11, 2009 at 9:03 AM
  • News

    Caption Contest Monday: Make Bernanke’s A Double

    The Fed Chairman and Treasury Secretary at a recent Nationals game. What do you think they talked about?

    / May 26, 2009 at 9:00 AM
  • News

    Ken Lewis Throws Paulson, Bernanke Under Bus

    Why didn’t Ken Lewis tell Bank of America shareholders that the company they were acquiring was set to report an imperial asston of losses for the fourth quarter, information that would’ve been more useful to them before the deal went through, rather than after? ‘Cause Paulson and Bernanke shoved him in the trunk of a […]

    / Apr 23, 2009 at 8:07 AM
  • News

    Needs More Cowbell Fed

    When you are on track to spend a few trillion dollars, communication is everything. People have to feel they are getting something for their hard earned money. That progress is being made. It’s like the big, red thermometer with dollars on the side during the charity drive. Progress. See? So the Federal Reserve is sort […]

    / Apr 15, 2009 at 10:48 AM
  • News

    Hey Ben, What’s The Holdup?

    “Hey, Ben. Get to the spending, already. Let’s go! That balance sheet is shrinking. Do you think we are paying you to shrink the balance sheet? No sir-ee, Bob. Expansion. Expansion. Ex-pan-sion. Aggressive… aggressive… let’s be aggressive. Right? Get it? Let me put it in terms you can understand. If the Fed’s balance sheet doesn’t […]

    / Mar 17, 2009 at 12:22 PM
  • News

    The Cult Of The Beard

    Yep. He’s back. As usual, we listen so you don’t have to. 10:02: There he is! There he is! Oh no, now his wife bleached his tie accidentally. Wyden: Well, the Chairman was otherwise occupied (fly fishing), so I’m going to grandstand for a little while. Look, we want some damn good news, so get […]

    / Mar 3, 2009 at 9:58 AM
  • News

    Mark To Bernanke

    If you dozed off for just a second, you missed it. Federal Reserve Chairman Ben S. Bernanke said accounting standard-setters need to figure out how the mark-to-market rule blamed for worsening the global financial crisis should be followed when assets aren’t readily traded. The rule, which requires companies to write down assets every quarter to […]

    / Feb 25, 2009 at 4:53 PM
  • News

    Return Of The Beard: Frank Versus The Beard

    10:03: Congresscritters wander into the hearing room. Frank: There is no option other to work with the existing system. Sure, we have to bail out the bankers that you hate, but this is the first important step in totally revamping the financial system in the way we think it should be reconstructed. So just relax, […]

    / Feb 25, 2009 at 10:03 AM
  • News

    We Listen To The Beard So You Don’t Have To

    Big Ben, Live: Ben: Sorry I’m late. Was helping Geithner with some math problems, and as you can see, my wife’s cat puked on my tie. Dodd: Here is how this hearing works. I grandstand for a few minutes, then I will tell you how fucked we are and exactly who was responsible. I will […]

    / Feb 24, 2009 at 9:57 AM
  • News

    Fed Indicates That Fed May Consider Ability To Act When Acting

    It almost feels like Greenspan is back. “Although conventional interest rate policy is constrained by the fact that nominal interest rates cannot fall below zero, the second arrow in the Federal Reserve’s quiver — the provision of liquidity — remains effective,” Mr. Bernanke said. Bernanke: More Rate Cuts ‘Certainly Feasible’ [The Wall Street Journal]

    / Dec 1, 2008 at 2:23 PM
  • News

    Bank Robbery Of Another Kind

    “I feel like Butch Cassidy and the Sundance Kid. Who are these guys that just keep coming?” — Treasury Secretary Henry Paulson Jr. We quite like the image of Beard and Bald as the “Banditos Americanos” of Butch Cassidy and the Sundance Kid fame. Racing around on horseback, blowing up safes, being pursued by doggedly […]

    / Oct 23, 2008 at 10:01 AM
  • News

    DealBreaker Afterdark: Bernanke Endorses Obama

    A bit obnoxious as a headline for the Wall Street Journal (and of us for telegraphing it), no? Really, the entire piece makes this entry more about the continuing slide in Wall Street Journal quality than any political statement or position. (Actually, we find it quite amusing what some of the readers here think our […]

    / Oct 21, 2008 at 1:48 AM

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