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Fed's Bernanke says U.S. policy must act with vigour - International Herald Tribune
WASHINGTON : Federal Reserve Chairman Ben Bernanke warned on Monday that the U.S. economy remained under considerable strain and said that policy-makers must be ready to take decisive action to protect jobs and growth. "Our nation's economic policy ...

The return of Larry Summers - Salt Lake Tribune
Washington » A few weeks ago, I called a well-known economist with a question about the financial crisis. "I hope the only reason you're calling me," he said, "is that you couldn't reach Larry." Larry would be Lawrence Summers, the intellectually ...

A Fannie-Freddie Fix - Washington Post
In Lawrence Summers, the president-elect has found the right person to reform the mortgage giants. IT LOOKS like Lawrence Summers will be the economic ideas man inside the Obama White House . As a former Treasury secretary and Harvard president, he ...

Obama no manifestation of change - Presstv
Alexander Cockburn the founder of Counterpunch website says Obama's new cabinet is made up of politicians who created the current economic mess. In an exclusive interview with Press TV correspondent, Cockburn said that president-elect Obama has named ...

Change we can bank on - Asheville Citizen-Times
This is not change we can believe in. Not if Robert Rubin or his protege, Lawrence Summers, get to call the shots on the economy in President-elect Barack Obama’s incoming administration. Both Clinton-era treasury secretaries deserve a great deal ...

Obama picking bunch of foxes to guard henhouse - New Haven Register
MAYBE Ralph Nader was right in predicting that the same Wall Street hustlers would have a lock on our government no matter which major party won the election. I hate to admit it, since it wasn't that long ago that I heatedly challenged Nader in a ...

Time to give something back, Bob - Financial Times
In Robert Rubin’s autobiography, he recounts, as Treasury secretary in 1995, trying to persuade President Bill Clinton to back a bail-out of Mexico that might cost $25bn. You mean $25m? someone asked. “No,” said Larry Summers, then an ...

Obama: Work begins 'today' on recovery plan - Marketwatch
WASHINGTON (MarketWatch) -- President-elect Barack Obama stressed the need Monday for quick action and pragmatism to hasten an economic recovery, introducing his administration's top advisers and signaling he may be willing to stave off higher taxes ...

Ben Bernanke Video Gallery - CNBC
Obama Considering Summers f... Obama is likely to consider Larry Summers to replace Ben Bernanke as Fed chairman, according to Reuters. CNBC's Steve Li... Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are ...

Economic advisers are heavyweights - Politico.com
CHICAGO — President Elect Barack Obama selected a Mr. Defense and a Mr. Offense for his economic team Monday, picking Timothy Geithner as Secretary of the Treasury and Lawrence Summers as director of the National Economic Council. “We do not ...

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