BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Bernanke Finally Admits to Inflation Gain from Commodity Prices]]>http://www.bloggingstocks.com/2011/03/01/bernanke-finally-admits-to-inflation-gain-from-commodity-prices/http://www.bloggingstocks.com/2011/03/01/bernanke-finally-admits-to-inflation-gain-from-commodity-prices/http://www.bloggingstocks.com/2011/03/01/bernanke-finally-admits-to-inflation-gain-from-commodity-prices/#commentsFiled under: , , , , , ,

After two years of steadily rising commodity prices, Federal Reserve chairman Ben Bernanke finally admits to it. Quoted in Bloomberg/Businessweek in his testimony before Congress Bernanke said: "Sustained rises in the price of oil or other commodities would represent a threat both to economic growth and to overall price stability, particularly if they were to cause inflation expectations to become less well anchored."

"We will continue to monitor these developments closely and are prepared to respond as necessary to best support the ongoing recovery in a context of price stability."

Continue reading Bernanke Finally Admits to Inflation Gain from Commodity Prices

Bernanke Finally Admits to Inflation Gain from Commodity Prices originally appeared on BloggingStocks on Tue, 01 Mar 2011 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>600 billion stimulusaccountabilityBen BernankecommoditiesFederal ReserveFederalReservefoodinflationinthenewsoilTue, 01 Mar 2011 17:00:00 EST<![CDATA[Bear Stearns execs decline bonuses this year]]>http://www.bloggingstocks.com/2007/12/19/bear-stearns-execs-decline-bonuses-this-year/http://www.bloggingstocks.com/2007/12/19/bear-stearns-execs-decline-bonuses-this-year/http://www.bloggingstocks.com/2007/12/19/bear-stearns-execs-decline-bonuses-this-year/#commentsFiled under: , , ,

Bear Stearns (NYSE: BSC) logo The CEO of Bear Stearns (NYSE: BSC) was golfing during part of the credit crisis at his firm. Now, he will have a lot less for greens fees. James Cayne and several other big shots at the firm have agreed to skip taking bonuses this year.

According to The Wall Street Journal, "By forgoing their bonus pay, executives at Bear are hoping to increase their ability to compensate key players within the firm." The investment bank is expected to announce a loss for the last quarter.

It is about time that someone took responsibility for investments made in risky mortgage-related securities. Bear Stearns has been hit harder than most. So far this year, shares in the company are off about 42%.They could drop further when the latest earnings are released.

CNBC reports that the Bear Stearns board may be looking for a successor to Cayne. If so, he will go out with class.

Douglas A. McIntyre is an editor at 247wall st.com.

Bear Stearns execs decline bonuses this year originally appeared on BloggingStocks on Wed, 19 Dec 2007 08:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>accountabilityBear StearnsBearStearnsBSCinthenewsJames CayneJamesCaynemanagementWed, 19 Dec 2007 08:30:00 EST