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Ben Bernanke

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  • Paulson: Immediate Lending Guarantee Starts Now Wednesday, 15 Oct 2008 | 8:43 PM ET

    Treasury Secretary Henry Paulson said the U.S. government's banking rescue plan is designed to spur private investment in financial institutions, and told CNBC that the FDIC interbank lending guarantee that's part of the plan will kick in immediately.

  • What Else Can Be Done? Wednesday, 15 Oct 2008 | 6:29 PM ET

    With stocks giving up most of Monday’s surge investors are asking if Ben Bernanke and Hank Paulson are running out of options.

  • What Happens Now to Plan to Buy Toxic Bank Debt? Wednesday, 15 Oct 2008 | 5:02 PM ET
    Financial Crisis

    With the focus on recapitalizing banks, there are renewed questions about plans to buy troubled mortgage-backed assets.

  • Beige Book: Full Text Wednesday, 15 Oct 2008 | 2:01 PM ET

    The following is the full text of the Beige Book released by the Federal Reserve on October 15, 2008 and based on information collected on or before October 6, 2008:

  • Credit Continues to Thaw, But Recession Jitters Grow Wednesday, 15 Oct 2008 | 1:22 PM ET

    Global credit markets continued to show signs of thawing, but worries about a world-wide recession loomed over markets.

  • See What People Are Saying About... More Rate Cuts Wednesday, 15 Oct 2008 | 1:04 PM ET

    The turmoil in credit markets poses a "significant threat'' to an already slowing U.S. economy, Federal Reserve Chairman Ben Bernanke said Wednesday...

  • Today's Top Videos: Bernanke, Bailout Plan & More... Tuesday, 14 Oct 2008 | 6:00 PM ET

    Federal Reserve chairman Ben Bernanke comments on the government's plan to solve the financial crisis, while this year's economics Nobel Prize winner gives his insight on the economy. Following are today's top videos:

  • Dow Skids as Banks Rally but Techs Drag Tuesday, 14 Oct 2008 | 4:38 PM ET

    Stocks ended lower as hoopla over the government's plan to buy stakes in the nation's largest financial institutions died down and worries about earnings crept in. The Dow ended down just 75 points after swinging in an 850-point range.  The tech-heavy Nasdaq lost 3.5 percent.

  • Krugman: Revised Rescue Plan 'Looks Much Better' Tuesday, 14 Oct 2008 | 11:13 AM ET

    Paul Krugman, Princeton University professor and winner of the 2008 Nobel Prize for Economics, told CNBC that the new rescue plan, which will inject $250 billion into U.S. banks, “looks much better.”

  • Fed Chairman Bernanke's Remarks on Bank Actions Tuesday, 14 Oct 2008 | 9:47 AM ET
    WALL STREET IN CRISIS - A CNBC SPECIAL REPORT

    A joint statement from the U.S. Treasury Department, the Federal Reserve and the Federal Deposit Insurance Corp on their joint plan to shore up the U.S. financial system

  • Dow Jumps More Than 300 at the Open Tuesday, 14 Oct 2008 | 9:40 AM ET

    Stocks shot out of the gate Tuesday, a nice chaser to the Dow's biggest one-day point gain in history, after the government announced a plan to buy stakes in the nation's largest financial institutions.

  • Wall Street in Mood to Rally Again Tuesday, 14 Oct 2008 | 9:28 AM ET

    Wall Street looked set for another rally Tuesday, after the Dow recorded the biggest one-day point gain ever on Monday, as world markets continued to surge.

  • Intervention is Bold, but Has a Basis in History Tuesday, 14 Oct 2008 | 5:37 AM ET
    WALL STREET IN CRISIS - A CNBC SPECIAL REPORT

    After a week of mounting chaos in financial markets around the globe, the United States took a momentous step that shifts power in the economy toward Washington and away from Wall Street, the New York Times reported.

  • Paulson Changes Plan, Opts To Recapitalize Banks Friday, 10 Oct 2008 | 7:32 PM ET
    Henry Paulson

    Treasury Secretary Henry Paulson says the government will now provide cash to financial firms in exchange for equity, as the government steps us rescue efforts.

  • WALL STREET IN CRISIS - A CNBC SPECIAL REPORT

    With legendary investor Jim Rogers warning that repeated liquidity injections are setting the stage for a massive inflation holocaust, it’s worth asking if deflation may be as great a threat of the global financial crisis.

  • Bank Crisis: US Should Follow UK's Lead, Ross Says Friday, 10 Oct 2008 | 11:35 AM ET
    WALL STREET IN CRISIS - A CNBC SPECIAL REPORT

    The U.S. government has to come up with more broad-based solutions to the financial crisis, following the example of the UK which pledged to part-nationalize financial institutions to defend its banking sector, billionaire investor Wilbur Ross, WL Ross & Co. CEO, told CNBC on Friday.

  • Global Markets Fall Again As Credit Remains Frozen Thursday, 9 Oct 2008 | 12:34 PM ET

    Global markets turned lower as Wednesday's rate cut by major central banks failed to unlock credit markets, putting pressure on officials to take further action.

  • Why the Rate Cuts Didn't Matter Wednesday, 8 Oct 2008 | 7:13 PM ET

    Were you surprised the markets closed down despite worldwide coordination among central banks? Cramer wasn't. Here's why.

  • Investors Get a Rate Cut, But Wonder What's Next Wednesday, 8 Oct 2008 | 2:44 PM ET

    A round of coordinated interest rate cuts failed to calm global stock markets, fueling speculation that governments will have to do even more to tackle the credit crisis.

  • Central banks around the world Wednesday cut interest rates in a coordinated move amid mounting losses on global stock markets...