One day after midterm elections in the U.S., Fed Chairman Ben Bernanke announces the nation's plans to purchase $600 billion in Treasuries. NPR takes Bernanke's announcement and attempts to "translate it into plain English." [more inside]
posted by The ____ of Justice on Nov 6, 2010 - 85 comments

In testimony before the Senate Banking Committee... where he’s seeking re-appointment as the Fed’s chairman, Bernanke called for cutbacks in Medicare and Social Security... “Willie Sutton robbed banks because that’s where the money is, as he put it,” Bernanke said. “The money in this case is in entitlements.” [more inside]
posted by Joe Beese on Dec 4, 2009 - 91 comments

TARP, SSFIP, EESA, CPP, TALF, MMIFF... Are you feeling overwhelmed by all the new acronyms coming out of the US Treasury Department lately? Here's a handy PDF reference guide to untangling the US government efforts to rescue banks, financial corporations, and other companies.
posted by Asparagirl on Dec 29, 2008 - 10 comments

Anatomy of a Meltdown - Ben Bernanke and the financial crisis (in one page)
posted by Gyan on Nov 24, 2008 - 61 comments