Bernanke Says Insurer AIG Operated Like a Hedge Fund
Bloomberg – Federal Reserve Chairman Ben S. Bernanke said American International Group Inc. operated like a hedge fund and having to rescue the insurer made him “more angry” than any other episode...
View ArticleGold Gains as Economy Outlook Boosts Demand for Inflation Hedge
Bloomberg – Gold climbed in Asian trading as equity gains and an improving economic outlook boosted demand for the metal as a hedge against accelerating prices. The MSCI Asia Pacific Index of equities...
View ArticleBernanke on TV defends aggressive actions
Taping a "Bernanke on the Record" special that will air on PBS this week, the top U.S. monetary policy-maker defended the aggressive, even unorthodox actions taken by the Fed during the long recession...
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