Bernanke Talks Libor, LA Slumlord Bank, Romney's Job-Loss Plan

Tuesday, July 17, 2012 Bernanke Passes The Buck On Rate Scandal The Fed's strategy in dealing with the Libor scandal is clear: Pass the buck early and often. Federal Reserve Chairman Ben Bernanke followed that playbook to the letter in testimony Tuesday at the Senate Banking Committee, repeatedly telling lawmakers that the Fed had done all it could to respond to evidence that banks were manipulating a key interest rate. The primary responsibility for dealing with Libor, he said, rested with the British regulators and banks. Los Angeles Blasts Major Bank, Accuses It Of Being Slumlord Report: Romney's Tax Plan Would Cost 800,000 Jobs Bill Gross: U.S. 'Approaching Recession' Walmart Heirs Worth Same Amount As Nearly Half Of Americans Combined Burger King Employee Posts Photo Of Himself Stepping In Lettuce BLOG POSTS Jedediah Purdy: The Morality of Capitalism: Where to Start the Debate Since Teddy Roosevelt, the steady refrain of American reformers has been that, in a complex society and economy, unrestrained markets cannot do the good that early Americans expected from them, and which market fundamentalists still expect. Mattea Kramer: Four Spending Myths That Could Wreck Our World We're at the edge of the cliff of deficit disaster! National security spending is being, or will soon be, slashed to the bone! Obamacare will sink the ship of state! Each of these claims has grabbed national attention in a big way, sucking up years' worth of precious airtime. William Hartung: Pentagon Contractors and Congress: Defending Special Interests or Promoting the Public Interest? It is not surprising that Lockheed Martin and its allies want to keep the Pentagon gravy train running full speed ahead, but most taxpayers disagree. Bill Moyers: Presto! The DISCLOSE Act Disappears The public has a right to know who's behind the hundreds of political ads with which we're being bombarded this year, who's giving what to whom -- not to mention our right to try to connect the dots and figure out what their motives are. Belinda Parmar: The Appointment of Marissa Mayer Is a Milestone for Women in Tech Technology is an overwhelmingly male industry. But in Silicon Valley there are the first signs of change in the air as Yahoo! appointed Marissa Mayer as its new CEO -- a move that has been applauded across the industry and is tipped to revive the fortunes of one of the internet's most recognizable brands.

MOST POPULAR ON HUFFINGTONPOST.COM 10 Countries That Are Rapidly Losing Faith In Capitalism: Report Lane County, Oregon, Releasing Nearly 100 Inmates, Some Killers, Amid Budget Woes Marissa Mayer Named New Yahoo CEO (UPDATES) ON FACEBOOK 10 Countries That Are Rapidly Losing Faith In Capitalism: Report Canadians Now Richer Than You Health Care Reform Rebates For Health Insurance Costs Rolling In

If you believe this has been sent to you in error, please safely unsubscribe.