Archive for March 20th, 2010

Germania accepta propunerea de acordare de ajutoare bilaterale coordonate pentru Grecia, pe baza de voluntariat

Germania va accepta acordarea unor ajutoare bilaterale europene pentru Grecia, a anuntat ministrul german de Finante, Wolfgang Schaeuble, fara a preciza insa daca Berlinul va face parte dintr-un astfel de mecanism, relateaza AFP.

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Bernanke: Keep Fed as watchdog of small US banks (AP)

Federal Reserve Chairman Ben Bernanke made a fresh pitch Saturday to retain oversight of small banks, contending that what the Fed learns from that role helps it assess the overall health of the entire U.S. financial system.

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Bernanke: Small banks should stay under Fed s oversight (Money)

As Congress considers limiting the Federal Reserve s regulatory authority to just the country s largest bank holding companies, Fed Chairman Ben Bernanke reiterated on Saturday that the central bank should retain power over banks of all sizes.

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[$$] Fed Stands Pat in Face of Discount Rate Rumors (at Barron s Online)

Fed Stands Pat in Face of Discount Rate Rumors Currency static fails to fluster Treasuries; U.S. borrowing rates stand.

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[$$] Fed Can t Shield Discount-Window Use (at The Wall Street Journal)

Fed Can t Shield Discount-Window Use A federal appeals court ruled Friday that the Fed must disclose documents related to individual borrowing from its discount window and other last resort lending programs Econ: Discount-Window Future Darkens

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[$$] Fed Told to Hand Over Friedman Documents (at The Wall Street Journal)

Fed Told to Disclose Friedman Documents Lawmakers demanded documents from the Fed relating to the purchases of Goldman stock by Stephen Friedman, the former chairman of the New York Fed.

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Former NY Fed chief s share deal scrutinised (at Financial Times)

Congressional investigators are taking a closer look at a stock purchase made by Stephen Friedman, the former chairman of the New York Federal Reserve and a director at Goldman Sachs , at the height of the financial crisis.

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Fed must reveal data on loans to firms, court says (AP)

The Federal Reserve must reveal documents identifying financial companies that received Fed loans to survive the financial crisis, a federal appeals court ruled Friday.

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Interest rates rise ahead of Treasury auctions (AP)

Interest rates mainly rose in the bond market Friday ahead of Treasury auctions upcoming next week. The yield on the 10-year Treasury note maturing in February 2020 rose to 3.70 percent from 3.68 percent late Thursday.

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Court orders Fed to release bailout documents (Reuters)

In a significant victory for news media, a federal appeals court said the Federal Reserve must disclose records on emergency lending programs to banks bailed out by the government in the financial crisis.

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