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Bernanke: Other plans have moved ahead of buying Treasurys

http://www.marketwatch.com

Federal Reserve Board chairman Ben Bernanke said Tuesday that other programs have jumped ahead of the idea of the central bank buying longer-term Treasurys. "We do have a couple of other things going on right now," Bernanke said, specifically mentioning the Fed's purchases of mortgage-backed securities and plans to start buying other consumer loans.

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Created by Dr Who 4 years 21 weeks ago – Made popular 4 years 21 weeks ago

Category: Business   Tags:
2

Market Pans Bank Rescue Plan

http://online.wsj.com

Treasury Secretary Timothy Geithner promised forceful action to get credit flowing again in the economy, but the lack of detail in his much-anticipated speech helped drive stocks down nearly 5%, the worst selloff since President Barack Obama assumed office.

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Created by Dr Who 4 years 23 weeks ago – Made popular 4 years 18 weeks ago

Category: Business   Tags:
2

USD and JPY higher bank bailout plan disappoints

http://mediaserver.fxstreet.com

USD and JPY traded higher initially supported by a fresh spike in risk aversion sparked by news that Russia may reschedule some of its corporate debt and a CNBC report which suggests that the bad bank plan may be left out of today’s announcement of the Obama financial stabilization plan.

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Created by Dr Who 4 years 23 weeks ago – Made popular 4 years 23 weeks ago

Category: WorldNews   Tags:

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