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Tag Archives: Ben Bernanke

Overnight Market News – October 9, 2009

09-Oct-09

General Motors Co Expected to Seal Deal Today to Sell its Hummer Brand to China’s Tengzhong Heavy Industrial Machinery Co for USD 150mm US Federal Reserve Chairman Ben Bernanke to Tighten Monetary Policy When the Economy Recovers on Inflationary Concerns India’s Infosys Technologies Ltd Posts 0.9% Fall in Second Quarter Profits to USD 317mm from [...]

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Overnight Market News – August 25, 2009

25-Aug-09

US President Obama to Reappoint Ben Bernanke for Second Term as Federal Reserve Head UK Mortgage Approvals Rise to 38,181 in July from June’s 35,564, Highest Level Since February 2008 Staples Inc Posts 38% Plunge in Second Quarter Net Income to USD 92.4mm as Companies Reduced Spending on Office Supplies Lowe’s Cos Inc Enters into [...]

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Ben Bernanke Wanted To Sue AIG To Stop Its Bonus Payments

24-Mar-09

Federal Reserve Chairman Ben Bernanke told Congressional lawmakers today, that he tried to prevent American International Group (AIG) from paying out lavish bonuses, and even asked that the company be sued to halt the payments … but that he was advised against it. At a tense House Financial Services Committee hearing this morning, Bernanke told [...]

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