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Federal Reserve

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    Mar 25, 2013 |Story| Baltimore Sun

  1. Money-laundering firm should get no welcome in Maryland

    When criminal prosecutors at the U.S. Department of Justice found that giant bank HSBC — whose American operation is chartered in Maryland — had violated money-laundering laws covering $200 trillion in transactions, and with customers including terrorists, sanctioned states and Mexican drug lords, one might reasonably have expected a criminal prosecution.
    When criminal prosecutors at the U.S. Department of Justice found that giant bank HSBC — whose American operation is chartered in Maryland — had violated money-laundering laws covering $200 trillion in transactions, and with customers...

    Tags: Prisons, Trials, Eric Holder, HSBC Holdings plc, U.S. Congress

    2. Mar 19, 2013 |Story| Baltimore Sun

  2. What did we learn from Iraq?

    Ten years have passed since the United States invaded Iraq, a decision that almost everyone now ranks as one of the worst foreign policy blunders of our time. Why "almost"? Former President George W. Bush and his top aides still maintain that the invasion was a good idea, even though the premise on which the war was based — that Saddam Hussein had acquired weapons of mass destruction — proved false, and even though the ensuing war claimed the lives of more than 4,500 Americans and an estimated 127,000 Iraqis.
    Ten years have passed since the United States invaded Iraq, a decision that almost everyone now ranks as one of the worst foreign policy blunders of our time. Why "almost"? Former President George W. Bush and his top aides still maintain that the invasion...

    Tags: Weaponry, George W. Bush, Dick Cheney, Condoleezza Rice, Iran

    3. Mar 15, 2013 |Story| Baltimore Sun

  3. Low interest rates have hurt retirees

    A lifelong Democrat, I now find myself taking issue with the Obama administration in general and Federal Reserve Chairman Ben Bernanke in particular as it pertains to current Fed policy. What seemed to have been a good idea at the onset, to keep interest rates low to stimulate the economy, has been counterproductive and harmful to many of us who need help the most, the retired, the elderly and the poor. The funds this group depends on come mostly from savings. This was the way many of us were directed over time by the prevailing wisdom on how to prepare for the future. The future is here but any growth we anticipated in our savings has all but disappeared.
    A lifelong Democrat, I now find myself taking issue with the Obama administration in general and Federal Reserve Chairman Ben Bernanke in particular as it pertains to current Fed policy. What seemed to have been a good idea at the onset, to keep...

    Tags: Finance, Ben Bernanke, Money and Monetary Policy

    4. Mar 13, 2013 |Story| Baltimore Sun

  4. College Lines

    VILLANOVA UNIVERSITY: Villanova University named the following students to the dean's list for the fall 2012 semester: Ava Calvano, from Forest Hill, pursuing a bachelor's degree in the College of Engineering; Chelsea Chu, from Forest Hill, studying...

    Tags: Nursing, Health Treatments, Bel Air (Harford, Maryland), Medical Specialization, University of Delaware

    5. Mar 8, 2013 |Story| Baltimore Sun

  5. Wall Street shrugs off sequester

    The drumbeat for weeks has been that $85 billion in across-the-board federal spending cuts known as the sequester would be so horrendous for the economy that lawmakers in Washington would be forced to compromise by the March 1 deadline.
    The drumbeat for weeks has been that $85 billion in across-the-board federal spending cuts known as the sequester would be so horrendous for the economy that lawmakers in Washington would be forced to compromise by the March 1 deadline. When no deal was...

    Tags: Public Finance, Finance, T. Rowe Price, Petroleum Industry, Barack Obama

    6. Mar 7, 2013 |Story| Baltimore Sun

  6. Government favors big corporations

    We average people vote but we don't get much respect from our government these days nor from some of our representatives. The government gives our taxpayer money and tax breaks to big companies and corporations that don't pay taxes and often don't pay their share of local government costs. Remember the companies with large water bills or the developers who get vacant property at bargain prices while ordinary people are losing their homes.
    We average people vote but we don't get much respect from our government these days nor from some of our representatives. The government gives our taxpayer money and tax breaks to big companies and corporations that don't pay taxes and often don't pay...

    Tags: Mail Order Industry, Business Enterprises, Voting, Elections, Newspaper and Magazine

    7. Mar 6, 2013 |Story| Baltimore Sun

  7. Dow is up: Happy days here again?

    Economist John Kenneth Galbraith once observed that there are two kinds of market forecasters, those who don't know and those who don't know they don't know. That is well illustrated by the current disconnect between Wall Street and Main Street, as the market's leading indicator, the Dow Jones Industrial Average, continues to surge forward while the overall outlook for the U.S. economy appears mixed at best.
    Economist John Kenneth Galbraith once observed that there are two kinds of market forecasters, those who don't know and those who don't know they don't know. That is well illustrated by the current disconnect between Wall Street and Main Street, as the...

    Tags: Dow Jones Industrial Average, Government Debt, Barack Obama, Charlie Brown (fictional character), U.S. Congress

    8. Feb 27, 2013 |Story| Baltimore Sun

  8. Sequester madness

    Nothing short of a miracle — or a sudden onset of rational behavior inside the Capital Beltway — is going to prevent mandatory, across-the-board federal spending cuts from going in effect Friday. It's also clear the public sector workforce is going to bear a considerable burden from sequestration through furloughs and related actions.
    Nothing short of a miracle — or a sudden onset of rational behavior inside the Capital Beltway — is going to prevent mandatory, across-the-board federal spending cuts from going in effect Friday. It's also clear the public sector workforce...

    Tags: Government Health Care, Public Finance, Parties and Movements, Mitt Romney, Head Start

    9. Feb 22, 2013 |Story| Baltimore Sun

  9. Minimum wage is a jobs killer, case closed

    If Robert Reich is looking for "baloney" in the debate over minimum wage hikes, he should start with his recent commentary in The Sun ("The minimum wage and the meaning of a decent society," Feb. 20).
    If Robert Reich is looking for "baloney" in the debate over minimum wage hikes, he should start with his recent commentary in The Sun ("The minimum wage and the meaning of a decent society," Feb. 20). Contrary to Mr. Reich's claim, the academic and...

    Tags: Human Accomplishments

    10. Feb 17, 2013 |Story| Baltimore Sun

  10. Legg Mason's new CEO draws lessons from hockey

    Raymond "Chip" Mason first met Joseph A. Sullivan over dinner at a Chicago restaurant, where the founder of Legg Mason Inc. interviewed the young bond trading manager for a job with the Baltimore company.
    Raymond "Chip" Mason first met Joseph A. Sullivan over dinner at a Chicago restaurant, where the founder of Legg Mason Inc. interviewed the young bond trading manager for a job with the Baltimore company. A lot of the conversation, Mason recalled, was...

    Tags: Personal Finance, Citigroup Incorporated, Companies and Corporations, Stifel Financial Corporation, Legg Mason, Inc.

    11. Feb 5, 2013 |Story| Baltimore Sun

  11. U.S. suit against S&P: Bad for business, bad for democracy

    The Justice Department is accusing Standard & Poor's of defrauding investors with optimistic ratings of mortgage-backed securities and derivatives prior to the financial crisis. While investors are entitled to answers about those conflicts, compensation and reforms, Attorney General Eric Holder and President Barack Obama, by singling out S&P instead of other bond raters, appear to be engaging in political vengeance and put freedom of speech at risk.
    The Justice Department is accusing Standard & Poor's of defrauding investors with optimistic ratings of mortgage-backed securities and derivatives prior to the financial crisis. While investors are entitled to answers about those conflicts, compensation...

    Tags: Litigation, Trials, Moody's Corporation, Eric Holder, Securities

    12. Dec 28, 2012 |Story| Baltimore Sun

  12. Investment outlook for 2013 clouded by uncertainty

    Usually by early December, investment professionals have mapped out their outlook for the next year. But such forecasting has been made difficult by the "fiscal cliff" — the confluence of spending cuts and higher taxes that kick in automatically...

    Tags: Government Health Care, Natural Gas, Hunt Valley, Investment Service, Stock Market

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Federal Reserve Photos
William C. Dudley, president and chief executive of the...
(May 22, 2013)
NY Fed President William Dudley
Ben S. Bernanke, chairman of the Federal Reserve, await...
(May 22, 2013)
Ben S. Bernanke
Jeffrey Lacker, president of the Federal Reserve Bank o...
(May 15, 2013)
Jeffrey Lacker
 » All 137 Federal Reserve photos