Bernanke’s Biggest Blunder

In his just-published memoir, Ben Bernanke repeats his claim that he failed to rescue the Lehman Brothers investment bank in September 2008, while he was chairman of the Federal Reserve, because he believed that he lacked the legal authority to do so. This claim is a convenient excuse for the biggest mistake in the government’s response to the financial crisis. While the Lehman collapse did not cause the crisis, it significantly worsened it. Bernanke, along with Bush administration Treasury Secretary Henry Paulson and Federal Reserve Bank of New York President Timothy Geithner, is responsible for this blunder. He can’t blame the law. Continue reading at 'Slate'

[ Slate | 2015-10-30 00:00:00 UTC ]
News tagged with: #financial crisis #federal reserve #biggest mistake

Other Publishing stories related to: 'Bernanke’s Biggest Blunder'


Bernanke’s Biggest Blunder

In his just-published memoir, Ben Bernanke repeats his claim that he failed to rescue the Lehman Brothers investment bank in September 2008, while he was chairman of the Federal Reserve, because he believed that he lacked the legal authority to do so. This claim is a convenient excuse for the... Continue reading at Slate

[ Slate | 2015-10-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #financial crisis #federal reserve #biggest mistake


CES 2023 Day 1 recap: Catch up on the biggest news from the year's biggest tech show

We’re back in Vegas for CES, and while the show doesn’t officially open until tomorrow, many exhibitors have already unveiled their new products at various press conferences and media events. Today, we’re starting to see some of the early car news that frequently dominates CES, as well as more... Continue reading at Engadget

[ Engadget | 2023-01-05 19:50:52 UTC ]
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Hulu and Max win big at 75th Primetime Emmy's biggest winners

Like last week's Golden Globes, the Emmys were very good to streaming services. The 75th Primetime Emmys aired on Monday, January 15 and saw Max, Hulu and Netflix take home the most awards by a solid margin. Hulu led the pack, winning six Primetime Emmys thanks to its dark comedy, The Bear. The... Continue reading at Engadget

[ Engadget | 2024-01-16 10:44:09 UTC ]
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The $2,000 ASUS ZenScreen Fold solves the biggest issue with portable monitors

When I’m away from home and don’t have access to my big desktop displays, it feels like I’m missing a limb. Unfortunately, there’s a limit to how big a portable monitor can really be. After a certain point, it’s not going to fit in a reasonably sized bag. ASUS’s ZenScreen Fold solves that... Continue reading at Engadget

[ Engadget | 2024-01-10 20:40:09 UTC ]
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Pearson’s biggest shareholder says it should leave London and relist in US

Cevian Capital founder argues most of education publisher’s business is there and move would raise its valueBusiness live – latest updatesPearson’s biggest shareholder has said it should be relisted in the US, arguing that leaving London would be better for shareholders as most of the education... Continue reading at The Guardian

[ The Guardian | 2023-12-15 12:22:42 UTC ]
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What can we learn from Netflix’s biggest viewership data reveal ever?

The streaming platform has shared its most in-depth look at what their many subscribers have been watchingIn news that will excite anyone who spent a substantial chunk of their youth poring over the purple “Life” section of USA Today for Nielsen ratings and box office reports, Netflix has... Continue reading at The Guardian

[ The Guardian | 2023-12-13 17:53:11 UTC ]
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The biggest Steam update in years just arrived. Here’s what’s new

Steam is the world’s most popular platform for PC games and a bedrock of the industry. But if you compare the Steam of today with, say, the Steam of ten years ago, surprisingly little has changed. Or surprisingly little had changed, because Steam just released one of its biggest updates in... Continue reading at PC World

[ PC World | 2023-06-15 14:35:55 UTC ]
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Meals and deals: five biggest trends from London book fair 2023

There was lots to digest this year, including cookery books from social media stars, a climate change book from London mayor Sadiq Khan, and some big debut novels to look forward toOver the course of three days in London, thousands of editors, publishers and agents, among others, decide what... Continue reading at The Guardian

[ The Guardian | 2023-04-24 12:51:58 UTC ]
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School Reports: Essence biggest faller among top 10 media shops in Nielsen table

WPP outfit merged with the UK's biggest media agency Mediacom earlier this year. Continue reading at Media Week

[ Media Week | 2023-03-26 21:50:25 UTC ]
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At Guadalajara, Guest of Honor Sharjah’s Biggest Stand

Guadalajara's book fair has closed with 806,805 visitors, and Sharjah Book Authority's guest of honor pavilion drew at least 450,000. The post At Guadalajara, Guest of Honor Sharjah’s Biggest Stand appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-12-05 20:11:38 UTC ]
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Two-thirds of UK’s biggest advertisers to cut television spend

Traditional TV shunned in favour of digital media and last-minute promotional campaignsMore than two-thirds of the UK’s biggest advertisers intend to cut back spending on traditional TV next year, as the recession fuels a shift to digital media and last-minute bursts of promotion.A survey of 59... Continue reading at The Guardian

[ The Guardian | 2022-11-21 00:01:39 UTC ]
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Review: The biggest, most intricately ambitious little story you'll read this year

Irish author Claire Keegan is one of those U.S. 'discoveries' who have been known back home for years. With 'Foster,' she earns that acclaim and more. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-11-01 14:00:17 UTC ]
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Stephen King testified against publishing's biggest merger. What you need to know about the antitrust trial

Stephen King testified for the government today, arguing that writers will be harmed if Penguin Random House and Simon & Schuster merge. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-08-02 22:41:59 UTC ]
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Will the Biggest Publisher in the United States Get Even Bigger?

The Biden administration is suing to block Penguin Random House from buying Simon & Schuster. A United States District Court will decide if the sale can proceed. Continue reading at The New York Times

[ The New York Times | 2022-07-31 11:19:44 UTC ]
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What will we be reading next year? Five biggest trends from the London book fair

The publishing jamboree was finally back after a two year break with clues of what we can expect in bookshops once all the deals are signedAfter two years off because of the Covid-19 pandemic, the London book fair, one of the biggest international literary events, returned in full force last... Continue reading at The Guardian

[ The Guardian | 2022-04-13 12:56:37 UTC ]
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America's Biggest Publishers Keep Posting a Profit

The four of the Big Five publishers to release their financial results publicly all saw strong increases in earnings in 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-04-01 04:00:00 UTC ]
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‘Rock Concert’ goes behind the scenes with the people who made the biggest shows happen

Marc Myers’s oral history looks at the explosion of rock concerts over four decades. Continue reading at The Washington Post

[ The Washington Post | 2021-12-01 12:00:00 UTC ]
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Goosebumps titles for today’s biggest books.

It’s Halloween weekend—time for two powerful concepts: outfits and mischief. The outgoing among us might go out and play some tricks; the more introverted might stay inside and read the unofficial book series of Halloween, Goosebumps. But if you don’t have The Werewolf of Fever Swamp or Night of... Continue reading at Literrary Hub

[ Literrary Hub | 2021-10-29 18:45:28 UTC ]
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How Trump’s blunders fueled our coronavirus nightmare

The president put public relations before public health, says a new book from two Post reporters. Continue reading at The Washington Post

[ The Washington Post | 2021-06-25 12:00:00 UTC ]
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The Biggest Differences Between Bridgerton and the Book Series That Inspired It

The Netflix series’ most controversial scene is even more disturbing in the novels. Continue reading at Slate

[ Slate | 2021-01-05 21:50:38 UTC ]
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