Financial news on November 7th, 2010
Business and Financial news
Bernanke Attempts to Soothe Doubters
At a conference, the Fed chief, Ben Bernanke, says, “Our purpose is to provide some additional stimulus to help the economy recover and to avoid, potentially, additional disinflation.” Read more..
How Liable is Goldman?
Professor Eric J. Pan talks about the role of clearing firms and possible consequences of the Bayou case. Read more..
In Japan, U.S. Defends Fed Actions
Timothy F. Geithner, the Treasury secretary, said that the United States was not trying to devalue the dollar. Read more..
Taking On a Second Mortgage to Pay the Foreclosure Lawyer
Some defense lawyers call the mortgages crass. Yet they solve a vexing issue: How can clients who are broke pay? Read more..
See what else happened on November 7th, 2010