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Federal Reserve

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    Nov 28, 2011 |Column| Baltimore Sun
  1. Nov 28, 2011 |Story| Baltimore Sun
  2. Keeping Congress clean

    In September 2008, the U.S. financial system was teetering on collapse and the stock market was shaky. But Alabama Republican Rep. Spencer Bachus saw opportunity in the crisis. According to an investigation by the CBS news program "60 Minutes," Mr. Bachus attended a closed-door meeting that month with then-Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke at which lawmakers were briefed on the probable course of events. A day later, Mr. Bachus bought two types of highly leveraged options, essentially betting that share prices would fall — which they did. A week later, the congressman pocketed a tidy $5,000 profit when he sold his options.
    In September 2008, the U.S. financial system was teetering on collapse and the stock market was shaky. But Alabama Republican Rep. Spencer Bachus saw opportunity in the crisis. According to an investigation by the CBS news program "60 Minutes," Mr. Bachus...

    Tags: Christopher Van Hollen Jr., CBS Corp., Insider Trading, Stock Market, Finance

  3. Aug 11, 2011 |Story| Baltimore Sun
  4. Eastern Shore bank ordered to find buyer or merge

    Federal banking regulators have ordered an Eastern Shore bank to take measures to establish adequate capital levels, which could include finding a buyer, merging with another institution or selling shares, among other options. The Bank of the Eastern...

    Tags: Maryland, Cambridge (Dorchester, Maryland)

  5. Aug 15, 2011 |Story| Baltimore Sun
  6. Interest rates on consumer loans have fallen recently

    The silver lining in all this economic upheaval lately: low interest rates on consumer borrowing. Mortgage rates are at or near record lows, causing a jump in refinancing. Credit cards rates remain largely flat. And new car loans have been inching...

    Tags: University of Baltimore, Credit and Debt, Vehicles, Finance, Consumers

  7. Aug 22, 2011 |Story| Baltimore Sun
  8. In volatile market, some see bargains, others, pitfalls

    As the Dow took another 400-point tumble Thursday, Baltimore money manager David Stepherson found himself talking one client out of selling everything. "I advised him that it would not be a good idea because our view of things is that this is going to be...

    Tags: Stock Market, Sandy Spring Bancorp Inc., Annapolis, Buyback, Finance

  9. Aug 23, 2011 |Story| Baltimore Sun
  10. Bring overseas dollars home

    It is time to bring the dollars home.
    It is time to bring the dollars home. One of the most discussed aspects of economic life in America is the amount of capital on U.S. corporate balance sheets. But according to research by Moody's, as much as half of U.S. companies' $1.24 trillion in cash...

    Tags: Labor Markets, Employment, Finance, Chicago Jobs, Labor Legislation

  11. Aug 23, 2011 |Story| Baltimore Sun
  12. Rick Perry: Macho, macho man

    Yes, Rick Perry might seem a little, well, <em>out there</em> with some of his public statements.&nbsp;But the Texas governor has something that our current commanded-in-chief lacks: Overt machismo.&nbsp;
    Yes, Rick Perry might seem a little, well, out there with some of his public statements. But the Texas governor has something that our current commanded-in-chief lacks: Overt machismo.  And this cannot be underestimated. Macho men have a long history...

    Tags: Barack Obama, George W. Bush, Social Media, Media Industry, Movies

  13. Aug 21, 2011 |Story| Baltimore Sun
  14. Rick Perry: Is the press being fair and accurate in its coverage of him?

    I doubt this modest request will be heard over the fevered roar for the scalp of Texas Gov. Rick Perry that the media has been sounding since he announced his candidacy for president. There is almost a palpable bloodlust to bring this guy down -- and it is being sounded by parts of the mainstream press that should know better.
    The Baltimore Sun
    I doubt this modest request will be heard over the fevered roar for the scalp of Texas Gov. Rick Perry that the media has been sounding since he announced his candidacy for president. There is almost a palpable bloodlust to bring this guy down -- and it...

    Tags: University of Chicago, Barack Obama, Regional Authority, Television, Social Media

  15. Aug 30, 2011 |Story| Baltimore Sun
  16. Obama's jobs dilemma

    President Barack Obama plans to issue a series of proposals next week to address what public opinion polls say is far and away the biggest issue on the minds of Americans: how to create jobs and spur economic growth. But the reaction to his nomination of a well-respected, mainstream economist and expert on labor markets to the post as head of the Council of Economic Advisers shows just how seriously politics has warped the debate about the economy in Washington.
    President Barack Obama plans to issue a series of proposals next week to address what public opinion polls say is far and away the biggest issue on the minds of Americans: how to create jobs and spur economic growth. But the reaction to his nomination...

    Tags: Barack Obama, Alan Krueger, George W. Bush, Wages and Pensions, Labor Markets

  17. Sep 9, 2011 |Story| Baltimore Sun
  18. If Washington messes up minting dollar coins, what about running health care?

    After reading the story about the Federal Reserve banks' vaults overflowing with useless dollar coins minted because of a congressional mandate ("Dollar coins piling up at Baltimore reserve bank," Sept. 6) I cannot believe we are going to turn over...
  19. Sep 16, 2011 |Story| Baltimore Sun
  20. No easy fixes for Social Security woes

    I find that the recent editorial in The Sun regarding Social Security falls far short of the reality of the situation ("Social Security sets off sparks," Sept. 14). Joe Biden said the same thing the editorial did on a CNN interview before the last...

    Tags: Medicare, Health Insurance, George W. Bush, Government Health Care, Wages and Pensions

  21. Nov 3, 2011 |Story| Baltimore Sun
  22. CFG Community Bank agrees to consent order

    Baltimore's CFG Community Bank and its parent company, Capital Funding Bancorp, have agreed to a consent order with state and federal bank regulators to shore up their corporate governance and management review processes. Under the order released...

    Tags: Annapolis, Banking, Companies and Corporations

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Federal Reserve Photos
William C. Dudley, president and chief executive of the...
(May 22, 2013)
NY Fed President William Dudley
Federal Reserve Board Chairman Ben Bernanke testifies d...
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(May 22, 2013)
Joint Economic Committee members chairman Brady and co-chair Klobuchar question Federal Reserve Board Chairman Bernanke at Joint Economic Committee in Washington