Category Archives: Exclusive

A Wall Street practice that lawmakers claimed contributed to the 2008 financial disaster was suggested for restriction by regulators. By a vote of 5-0 on Wednesday, the Securities and Exchange Commission decided to reintroduce a rule that would forbid companies that produce asset-backed securities, such as mortgage bonds, from having conflicts of interest. In theContinue reading “Wall Street Activities Linked to the 2008 Financial Crisis Are Banned by the SEC”

Over the course of its greater than a century-long history, the Federal Reserve has turned into a major player in the stock market. The central bank’s use of two unorthodox policy tools in the 2000s—massive asset purchases and forward guidance—helped to increase its status. Big property acquisitions allude to the Fed’s short-term solutions of mortgage-backedContinue reading “What Impact the Federal Reserve Has on the Stock Market in 2022”

Ben Bernanke wrote a paper about the part banks plays in financial crises back in 1983. That research was crucial in 2008 when the Fed made the contentious choice to save the big banks. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded to Bernanke and two colleagues yesterday forContinue reading “Bernanke, Bank Bailouts, and the Economics Nobel”