Bernanke

How Goldman Secretly Bet on the U.S. Housing Crash

McClatchy Washington Bureau Sun, Nov. 01, 2009 Greg Gordon | McClatchy Newspapers November 01, 2009 01:17:44 AM WASHINGTON — In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp drop in […]

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Senate Turns Aside New Attempt to Scrutinize Fed

REUTERS Mon Jul 6, 2009 5:59pm EDT WASHINGTON (Reuters) – The U.S. Federal Reserve, facing growing pressure as it tries to heal the ailing economy, dodged a bullet on Monday when the U.S. Senate cast aside a new effort to increase scrutiny of the central bank. On procedural grounds, the Senate blocked a bid to […]

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