July 30, 2010

Ben Bernanke Talks to New York Economic Club

It is mostly about FINANCIAL MARKETS:

Bernanke Themes:

  • Talk about unique nature of the financial market crisis
  • Recent history recapped, as only an economic historian could
  • More about TARP
  • Federal Reserve’s role in all this, relative to Treasury and FDIC
  • Stabilization confidence talk
  • Oops, a little talk about inflation again…
  • Global coordination is still important

Full Text of Bernanke’s address to New York Economic Club.

(word analysis: wordle.net)

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About Bill Rice
Bill Rice is a mortgage banking veteran operating in and writing about the mortgage market for over a decade. Bill is the founder of Kaleidico, which provides mortgage banking customers with lead generation and lead management solutions. Prior to Kaleidico, Bill was one of the founding executives of DeepGreen Bank, the first fully automated mortgage lending Internet banking platform and lead similar home equity innovations as the VP of National Home Equity at Quicken Loans. He can be contacted at bill.rice@kaleidico.com.

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