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Tag: Financial System
Financial Literacy: The Time Is Now
Date:
July 25, 2009 10:51 AM
Publisher:
Ryan Whitten
Source:
Business Week - By Ben Steverman
Tags:
Financial Literacy,
Education,
Student,
Money,
Economics,
Financial System,
Language
It's more essential than ever to educate Americans of all ages about how money works. Can new efforts finally make a difference?
When it comes to financial matters, Americans are functionally illiterate...
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Dollar slips to lowest level of 2009 against the Euro
Date:
May 22, 2009 3:22 PM
Publisher:
WMM Blogger
Source:
MarketWatch
Tags:
Financial System,
Global Economy,
Money
The Euro went to $1.4034 last Friday, up from $1.3904 in late North American trading Thursday. The dollar index is also down from December, hitting 80.5 on Thursday. The British Pound is also doing very well at 1.59, up from last Thursday. The European currency is moving near 0.8800 after hitting...
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CNBC’s Meeting of the Mind’s: The Future of Capitalism: A Review
Date:
May 22, 2009 1:56 PM
Publisher:
WMM Blogger
Source:
CNBC
Tags:
American Recovery,
Financial System,
Global Economy,
Government Bailout
CNBC has come out with a new show called the “Meeting of the Minds: the Future of Capitalism”. In this show, they have a board of about a dozen CEO’s and former business leaders talk about the complications facing capitalism in...
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Hey Tim Geithner! What are you up to?
Date:
May 18, 2009 5:39 PM
Publisher:
WMM Blogger
Source:
MarketWatch
Tags:
American Recovery,
Bankruptcy,
Financial System,
Global Economy,
Government Bailout
If the financial crisis was a war zone, Tim Geithner would be on the front lines. Due to his position of treasury secretary, Tim has felt the largest blows of criticisms coming at Washington because of the bailouts. Today Tim said he is opposed to putting caps on CEO salaries and that he did not support the forced disclosure of executive pay packages to the public. “I don't think our government should set caps on compensation,” Geithner said. This is a little bit of a different tune...
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Ben Bernanke and 4 Questions about the Financial Crisis
Date:
April 17, 2009 4:43 PM
Publisher:
WMM Blogger
Source:
federal reserve
Tags:
American Recovery,
Financial System,
Global Economy,
The Fed
On April 14th Ben Bernanke answered four questions about the current financial crisis amid the Easter Holiday. As is custom in the traditional Passover, the youngest child will get to ask four questions and Bernanke decided to emulate this custom to address American’s concerns about the financial crisis. Ben addressed the topic of “How we got here.” Ben commented that the reasons for our financial crisis are debated among many economists and experts due to the complexity of the situation. The crisis has its roots in global patterns of investments over periods of time. The quantity and quality of global investments in foreign countries ultimately affects our reserves here at home and the state of our global economy.
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