Articles About Financial Market
- Author:
- James I. Clark III
- Posted:
- 11.10.2009
Fed Proposing to Take a Hard Line on Bank Executive Pay
The Federal Reserve is considering regulating banks’ pay policies to make certain they discourage employees from making the irresponsible gambles that led to 2008’s financial meltdown. The Fed’s proposal would apply to thousands of banks, including some that did not receive bailouts. Under the Fed’s proposal, the central bank would review – and could say […]
- Author:
- James I. Clark III
- Posted:
- 09.02.2009
Fed Chairman Ben Bernanke Likely to Keep His Job
Federal Reserve chairman and Great Depression scholar Ben Bernanke will stay in his job for another four years if President Barack Obama gets his way. There likely will be some contentious moments during the reconfirmation hearings as Senators grill him about bailing out Wall Street institutions deemed too big to fail. He is expected to […]