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Posts related to ‘Treasury Department’

China Is Not A Currency Manipulator, Yet

Despite huge amounts of data to the contrary and the opinions of a large number of economists, The Treasury Department said China is not a currency manipulator. Treasury sends a ...
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The IMF Gets Its Hands Slapped

The Independent Evaluation Office of the International Monetary Fund issued its report on the IMF's actions as the credit crisis unfolded. It argued that the IMF could have done a ...
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Bernanke: Close The Banks That Can’t Cut It

During his interminable testimony before the Financial Crisis Inquiry Commission, Federal Reserve Chairman Ben Bernanke said that banks that posed a major risk to financial stability should be closed. "If ...
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