Alan Greenspan

Clinton spotlights U.S. debt as diplomatic threat

WASHINGTON (Reuters) - The United States' huge national debt -- now topping $13 trillion -- is becoming a major threat to U.S. security and leadership in the world, Secretary of State Hillary Clinton said on Thursday.
 

Buffett, Moody's CEO to testify to crisis panel

WASHINGTON (Reuters) - Warren Buffett, the chief executive of Berkshire Hathaway Inc, will testify next week before the U.S. panel examining the causes of the deep financial crisis.
 

Cannes films tap drama of financial crisis

The scorched earth of the financial world has yielded a rich harvest for film-makers at the Cannes film festival, where documentaries and dramas are tapping the emotion behind the crisis.
 

Cannes doc 'Inside Job' pegs 2008 crisis as heist

Economic meltdown: Cannes documentary 'Inside Job' bills financial crisis as colossal heist. Charles Ferguson is telling a crime story like no other in history with his documentary "Inside Job."
 

Cannes doc 'Inside Job' pegs 2008 crisis as heist

Economic meltdown: Cannes documentary 'Inside Job' bills financial crisis as colossal heist. Charles Ferguson is telling a crime story like no other in history with his documentary "Inside Job."
 

Congress provides stage for scolding executives

Lawmakers use hearings as stage to scold executives _ and pass the blame. It's become a reality show-like ritual, Congress summoning once-imperious executives to be berated and shamed about the damage they've done to the country.
 

Geithner to testify before meltdown probe

Geithner, Paulson, Bear Stearns CEO Cayne to testify about 'shadow banking' at meltdown probe. A panel investigating the roots of the financial crisis is calling Treasury Secretary Timothy Geithner to testify about financial companies that escaped regulation.
 

U.S. deficit serious, action needed: policymakers

WASHINGTON (Reuters) - U.S. deficit woes are not as dire as the fiscal problems of Greece and other nations, but a quick, credible action plan is still needed to avoid a future crisis, economists and policymakers said on Wednesday.
 

Financial reform fades while the need escalates

Loopholes are far too obvious . The need for reform and re-regulation of the financial industry increases, while the odds of meaningful reform fade with every action and statement by those involved.
 

Senators may start financial reform debate late April

WASHINGTON (Reuters) - The U.S. Senate may begin formal debate on a controversial financial reform bill the third week in April, industry and congressional sources said on Friday.
 

Ex-Citigroup leaders contrite, defensive on crisis

WASHINGTON (Reuters) - Charles Prince and Robert Rubin, who led Citigroup <C.N> in the run-up to the 2008 banking crisis, voiced regrets on Thursday, but accepted no responsibility for the mega-bank's massive losses.
 

Ex-Fed chief Greenspan defends role in crisis

Former Federal Reserve chairman Alan Greenspan denied his policies encouraged the type of risky lending that spurred the financial crisis, in testimony to a federal investigative panel Wednesday.
 

U.S. panel sifts subprime wreckage, blames Greenspan

WASHINGTON (Reuters) - The wreckage of Wall Street's subprime mortgage machine was laid bare on Wednesday by a U.S. congressional panel that pointed the finger at Alan Greenspan for not stopping it from running out of control.
 

Dudley: Fed should act to contain asset bubbles

NY Fed President Dudley urges central bank to take actions to prevent asset bubbles. The head of the New York Fed urged central bankers Wednesday to learn from the financial crisis and be more proactive in combating speculative bubbles in assets such as stocks or real estate.
 

Greenspan blows the lights out at crisis hearing

Greenspan gives 'lights-out performance' while denying responsibility for financial crisis. The power was out for 23 minutes at a hearing where Alan Greenspan denied responsibility for the financial crisis before a panel investigating its roots.
 

Ex-Fed chief Greenspan defends role in crisis

Former Federal Reserve chairman Alan Greenspan denied his policies encouraged the type of risky lending that spurred the financial crisis, in testimony to a federal investigative panel Wednesday.
 

Ex-Fed chief Greenspan defends role in crisis

Former Federal Reserve chairman Alan Greenspan denied his policies encouraged the type of risky lending that spurred the financial crisis, in testimony to a federal investigative panel Wednesday.
 

Ex-Fed chief Greenspan defends role in crisis

Former Federal Reserve chairman Alan Greenspan denied his policies encouraged the type of risky lending that spurred the financial crisis, in testimony to a federal investigative panel Wednesday.
 

Beating JPMorgan at its gold trading 'game'

Take away the physical supply . The revelation at last week?s CFTC meeting that JPMorgan was the prime instigator behind the repeated ?takedowns? of the price of gold and silver came as no surprise to those of us who study the markets on a regular basis.
 

The music has stopped; will Citigroup apologize?

WASHINGTON/NEW YORK (Reuters) - Charles "Chuck" Prince and Robert Rubin are often blamed for hobbling Citigroup Inc <C.N>, but the former CEO and senior adviser are expected to defend themselves vigorously at a public hearing this week.