Ben Bernanke

Insolvency Mystery Science Theater 3000

Tomorrow at 10am, a hearing will be held on the critical matter of financial insolvency by, none other, than the.... Committee on Science And Technology (Scientology?). Yep. If there was ever any wonder if the right people are asking the right question in Washington, this should forever put away any doubts and speculations.

Frontrunning: May 11

  • Capital One, U.S. Bancorp, BB&T to sell shares in the induced squeeze (Bloomberg)
  • HSBC says 2009 to be tough as U.S.

Rahm Emanuel Says Will be Gradation of Stress Test Results

Developing Story: Allegedly the "gradation release" will be "essential" for clarity on the stress tests.

In other news, Obama has 100% confidence in Bernanke. Zero Hedge is starting a list of all the people Obama loves more than life itself: members so far 1) Tim Geithner, 2) Steve Rattner, 3) Ben Bernanke.

Frontrunning: April 3

  • The revision game begins: January non-farm payrolls revised to 741k from 655k
  • The CalPERS Apollo story is picking up steam: now on Bloomberg (Bloomberg)
  • Must read: Fed struggling to win over investors wary of sharks in TALF aid program (Bloomberg)
  • Fixing the

The Strong Dollar Paradox

I touched briefly this morning on the paradox of the strong dollar as the economy collapses. After all it is none other than Ben Bernanke who acknowledges that one of the key things Roosevelt did to drag the U.S. out of the first great depression was the dollar devaluation, i.e. taking the U.S. off the gold standard.

The Strong Dollar Paradox

I touched briefly this morning on the paradox of the strong dollar as the economy collapses. After all it is none other than Ben Bernanke who acknowledges that one of the key things Roosevelt did to drag the U.S. out of the first great depression was the dollar devaluation, i.e. taking the U.S. off the gold standard.

The Strong Dollar Paradox

I touched briefly this morning on the paradox of the strong dollar as the economy collapses. After all it is none other than Ben Bernanke who acknowledges that one of the key things Roosevelt did to drag the U.S. out of the first great depression was the dollar devaluation, i.e. taking the U.S. off the gold standard.