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Consumer prices see record drop in Nov.
The Swampby Frank James More concerns today about the dreaded economic possibility of deflation, the phenomenon where prices fall throughout the economy, reducing the power of companies and workers to charge what they need to in order to make ends meet.......Tags: Prices, Energy, Economy, Business and Finance, Lyndon B. Johnson, Federal Reserve
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Video: Obama on bipartisanship
Spin CycleIf you missed it last night, an excerpt from Obama's press conference, talking about slow progress in breaking the hold of partisanship on the stimulus proposal: .msnbcLinks {font-size:11px; font-family:Arial, Helvetica, sans-serif; color: #999; margin-...Tags: Budgets and Budgeting, Labor Legislation, Nuclear Weapons, Disasters, Social Issues
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Bernanke: 'Era of high living...is over now.'
The SwampWatch CBS Videos Online by Frank James It was refreshing to see Federal Reserve Chairman Ben Bernanke do an on-the-record interview, breaking the central bank's tradition that the top official doesn't do interviews. It's too bad it took the worst......Tags: CBS Corp., Economy, Business and Finance, State Budgets, Nevada, Federal Reserve
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Federal Reserve buying bad & U.S. debt
The Swampby Maura Reynolds The Federal Reserve today announced an aggressive program to bolster the housing and credit markets by more than doubling their purchases of mortgage-backed securities and U.S. Treasury bills in an efforts to free up credit and lower.......Tags: Economy, Business and Finance, Fannie Mae, Freddie Mac, Federal Reserve, Money and Monetary Policy
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Federal Reserve: Low rates holding
The Swampby Don Lee The Federal Reserve, offering a modestly more optimistic assessment of the economy today, reaffirmed its policy of keeping interest rates at near zero and suggested it could continue to spur economic activity without triggering inflation. The...Tags: Economy, Business and Finance, Don Lee, Federal Reserve, Bonds, Money and Monetary Policy
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Obama and Medvedev: Russian revival?
The Swampby Mark Silva It may not be the "reset button'' that Secretary of State Hillary Clinton presented her Russian counterpart earlier this year - a symbol of the need to start over again in relations between the United States and......Tags: Nuclear Weapons, Social Issues, National Government, Architecture, United Nations
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Bernanke, 'bold,' offered anew for Fed
The SwampBy Christi Parsons and Mark Silva OAK BLUFFS, Mass. -- President Barack Obama, praising Federal Reserve Chairman Ben Bernanke for resolute handling of the worst economic crisis in decades, said today that he will nominate the appointee of his Republican.....Tags: Parliament, National Government, Politics, George W. Bush, Financial Markets
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Obama nominating Bernanke: New term
The Swampby Jim Puzzanghera and Christi Parsons Federal Reserve Chairman Ben S. Bernanke, a scholar of the Great Depression who moved boldly last fall to prevent another economic catastrophe, will be nominated by President Obama to a second four-year term as......Tags: Parliament, Disasters, National Government, 60 Minutes (tv program), Alan Greenspan
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Feds throw AIG $85 billion lifeline
The Swampby Frank James Talk about throwing a head fake. Less than 24 hours after the feds appeared to be signaling to a waiting world that they had, at least for the rest of this week, sworn off any more Wall......Tags: Economy, Lehman Brothers Holdings Inc., Freddie Mac, Sarah Palin, Politics
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Gov. Paterson: All politics is local
Spin CycleAll politics is local -- and Paterson remembers the lesson today. In a smart move, as Congress and the WH hash out an unprecedented $1 trillion federally backed facility to take over bad mortgages from banks, Paterson writes Treasury's Paulson......Tags: David A. Paterson, Investments, Federal Reserve, Bank of New York Company, Banking
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Obama, McCain: Cautious in econ-crisis
The Swampby Mark Silva Count both Barack Obama and John McCain, the candidates for president, as avowedly cautious in the face of the $700 billion bailout that the Bush administration proposes for banks and other financial institutions holding bad mortgage debts.....Tags: Social Issues, National Government, Small Businesses, Litigation and Regulation, Politics
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Wall St feels tightening fed grip
The Swampby Frank James The not-so-invisible-hand of Washington reached out on Sunday and snatched the last two remaining big Wall Street investment banking firms into the world of increased federal regulation with the announcement that Morgan Stanley and...Tags: Companies and Corporations, Federal Reserve, Bank of New York Company, Morgan Stanley Dean Witter & Company, Goldman Sachs Group, Inc.
Dec 16, 2008
|Blog| Chicago Tribune
Feb 10, 2009
|Blog| Newsday
Mar 16, 2009
|Blog| Chicago Tribune
Mar 18, 2009
|Blog| Chicago Tribune
Jun 24, 2009
|Blog| Chicago Tribune
Jul 6, 2009
|Blog| Chicago Tribune
Aug 25, 2009
|Blog| Chicago Tribune
Aug 25, 2009
|Blog| Chicago Tribune
Sep 17, 2008
|Blog| Chicago Tribune
Sep 19, 2008
|Blog| Newsday
Sep 22, 2008
|Blog| Chicago Tribune
Sep 22, 2008
|Blog| Chicago Tribune
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