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- Name: Ben Shalom Bernanke
- Born: December 13, 1953
- Birthplace: Augusta, Georgia
- 14th Chairman of the Board of Governors of the Federal Reserve
- Assumed office on February 1, 2006
- Bernanke's term as Fed chairman four years and expires in January 2010Federal Reserve Board: Ben S. Bernanke
- His term on the Federal Reserve Board of Governors is 14 years; expires in January 2020Federal Reserve Board: Ben S. Bernanke
- Alma mater: Harvard University
- Spouse: Anna Friedmann
- Predecessor: Alan Greenspan
- Spoke at ICBA National Conference and Techworld on March 20, 2009
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Ben Bernanke is the chairman of the Federal Reserve. Bernanke succeeded Alan Greenspan in February 2006.
On May 5, 2009, Bernanke spoke before Congress stating that he feels the economy will begin to grow again before the end of 2009. He did however say that the growth could be slow and that the unemployment rate may remain high despite the growth.SFGate: Bernanke: Economy Should Grow Again Later in 2009
Mysterious Money
On March 3, 2009, Bernanke sat before the Senate Budget Committee and was asked if he could disclose who he lent $2.2 trillion tax payer dollars to. Bernanke would not disclose the banks who received this money explaining that doing so would discourage banks from borrowing again. Reuters: Senator wants Fed to name loan recipients (March 3, 2009)Early Life
Ben Bernanke was born in Augusta, Georgia, and raised in Dillon, South Carolina. He attended Harvard University and graduated with an A.B. in economics. He then went on to earn his PhD from the Massachusetts Institute of Technology.The Recession
On February 24, 2009, during his twice-yearly report to the Senate Banking Committee, Bernanke said he believed it was possible for the recession to end in 2009. He cautioned that this could only happen if actions taken by the government, including Congress and the Federal Reserve, serve to stabilize the ailing banking industry. Bernanke also warned that the economy was in a "severe" contraction and would likely continue that way for the first six months of 2009.Bloomberg.com: Bernanke Sees 2010 Recovery 'Only If' Banks Stabilize (February 24, 2009) FOX News: Bernanke: Recession Will End This Year (February 24, 2009)Career
Bernanke began his career as professor at Stanford University and then moved to teach at Princeton University. In 2002, he began his service on the Board of Governors of the Federal Reserve System and was appointed as chair of the Federal Reserve on February 1, 2006.-
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Ben Bernanke Questions
Ben Bernanke says the econony is stabilizing. What do you think? 2 AnswersHere is what I think, and why: The Stock market is a leading indicator. It usually leads the economy by six to nine months. Employment is a lagging indicator. T... read more
In Season four of Lost, "Ben" goes to war. Was Ben, once a Billionare? 1 AnswerI don't think that Ben changed the rules - the island did when it allowed Ben's daughter, Alex, to die. That's when Ben says "he changed the rules". Then Ben ... read more
Ben Bernanke seems to think that the end of this recession is near. Opinions? 2 AnswersFor the most part I think he is right. But then I think of all the the money that the Government is slowly pumping into the system and I can't help but think th... read more
What are the best cocktails you can make with Ben and Jerrys ice cream? 2 AnswersHere are a few cocktails you can make using Ben and Jerry's ice cream: 1. Death by Chocolate Ingredients: * 2 scoops of any Ben and Jerry's chocolate ice cream ... read more
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Ben Bernanke's beard has lent a calming air to his Fed chairmanship, but a creepy goatee might be more appropriate for the next 5 years.
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Schiff: Ben Bernanke hasnt ever been right about anything.
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Accrued Interest: Ben Bernanke... only you could be so bold http://tinyurl.com/yjoklwn
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David Hale: Ben Bernanke says will not monetize debt. But if he's replaced it would raise risk hugely of monetization.
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Latest Altern. News The Ugly Truth about Jobs: Fed Chairman Ben Bernanke hints at how U.S. companies are learning to avo http://url4.eu/oABm
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