Ben Bernanke


  • Techs Carry the Torch Amid Bailout Blues Wednesday, 24 Sep 2008 | 4:49 PM ET

    Stocks got an early boost from Buffett's vote of confidence in Wall Street but the meandering hearings on the bailout sucked the air out of the trading floor. By the closing bell, financials had fallen and only techs were left carrying the torch of hope.

  • Spurt of Optimism Gives Stocks a Lift Wednesday, 24 Sep 2008 | 4:25 PM ET

    Stocks made a modest advance Wednesday,  boosted by Buffett's investment in Goldman Sachs and optimism that a bailout could boost tech spending.

  • Credit Markets Fear Meter Rising Wednesday, 24 Sep 2008 | 4:23 PM ET

    Warren Buffett said we were on the "brink" last week. That's pretty scary when you look at the unsettled nature of credit markets yesterday and again today, as Congress wrestles on hours of live television with the request to save Wall Street from itself.

  • Stop Trading!: Playing Politics With Paulson's Plan Wednesday, 24 Sep 2008 | 4:00 PM ET

    Some lawmakers in Washington might vote against the bailout just to make a statement. But isn't that a vote against America?

  • Gross: Bailout of Wall Street Will Help Main Street Wednesday, 24 Sep 2008 | 3:27 PM ET

    The Treasury’s bailout plan for Wall Street will also benefit Main Street, Bill Gross, founder and chief investment officer of investment management firm Pimco, told CNBC Wednesday.

  • Stocks Wander as Banks Rise, Anxiety Lingers Wednesday, 24 Sep 2008 | 1:46 PM ET

    Stocks made a modest advance Wednesday after Warren Buffett, one of the most highly-regarded investors, calmed the anxious market with a $5 billion investment in Goldman Sachs.

  • See What People Are Saying About... Bickering Over Bailout Wednesday, 24 Sep 2008 | 12:53 PM ET

    Although Fed Chairman Bernanke is urging lawmakers to support a $700 billion credit detox plan, his pleas are being met with skepticism...

  • Bernanke: "...This Is A Matter For Psychology."  (UPDATE) Wednesday, 24 Sep 2008 | 11:02 AM ET

    That's what Mr. Bernanke said to Senator Schumer, who has been pressing both Mr. Bernanke and Treasury Secretary Paulson for some agreement that would provide a lesser amount (say $150 billion) initially, and then have the next administration vote on providing more funds.

  • Buffett Boosts the Market; Goldman Rises Wednesday, 24 Sep 2008 | 10:10 AM ET

    Stocks made a modest advance Wednesday after Warren Buffett, one of the most highly-regarded investors, calmed the anxious market with a $5 billion investment in Goldman Sachs.

  • Futures Move Higher on Buffett Deal Wednesday, 24 Sep 2008 | 8:20 AM ET

    U.S. stock index futures pointed to a flat to slightly higher open for Wall Street on Wednesday after news that billionaire investor Warren Buffett will invest $5 billion in investment bank Goldman Sachs.

  • No Bailout Would Mean "Carnage" for Markets: Analysts Wednesday, 24 Sep 2008 | 7:58 AM ET

    Speedy Congress approval for a $700 billion plan to bail out the U.S. banking system is paramount to avoid a meltdown of the markets, analysts told CNBC on Wednesday.

  • Hey Congress, You Already Passed Homeowner Bailout Tuesday, 23 Sep 2008 | 3:46 PM ET

    In the debate over homeowner aid in the Wall Street bailout, both sides appear to have forgotten that Congress approved a $300 billion mortgage rescue in July.

  • Bowyer: The Bowyer Bailout Alternative Tuesday, 23 Sep 2008 | 3:44 PM ET
    Jerry Bowyer

    I just got off the phone with Ed Lazear (Chairman of the President's Council of Economic Advisors), and he made a good case for the severity of the crisis, esp. negative interest rate on t bills.

  • Here is the second part of guest blogger Clint Goodrich's take on what it's been like sitting in front of a computer screen trading during during these historic times.

  • Guest Blogger Clint Goodrich--View From A Trader Tuesday, 23 Sep 2008 | 2:46 PM ET

    Clint Goodrich began his professional career in horseracing, first as a jockey, then as a trainer, and eventually as an owner. He eventually traded horses for the stock market, first with his own money, and now with the money of a few, well-chosen clients.

  • I’m wondering exactly what’s going to precipitate that recovery? In order to answer that question I think you have to look at what’s currently wrong with housing, not what caused the housing recession or how far all the numbers have fallen.

  • The Paulson Bailout Game Show Tuesday, 23 Sep 2008 | 12:42 PM ET

    The Price is Right -- or is it? With untold billions about to be put to work to mop up this mortgage-related mess, the $700 billion question is price. How will "PBC Partners" (Paulson Bernanke Cox) figure out what to pay for all those ''priceless assets'' when for months, Wall Street's smartest were unable to get much further than "illiquid = worthless"?

  • See What People Are Saying About... Politics Of Bailout Tuesday, 23 Sep 2008 | 11:43 AM ET

    Lawmakers and the Bush administration are trying to resolve differences over the legislation that would authorize the Treasury to buy $700 billion in bad assets...

  • The fire sale prices that financial institutions are being forced to use by mark-to-market requirements are significantly less than the hold-to-maturity price. Due to the uncertainty over pricing, private capital is unwilling to come in and buy.

  • The Bush administration's controversial financial bailout proposal may be getting a heavy dose of criticism today from angry lawmakers on Capitol Hill, but Warren Buffett tells us he wholeheartedly supports the plan. He told CNBC's Becky Quick over the weekend, "It's what I would do if I were there."