Current Economic Event

Related Web Links – Chapter 14(29) - Money, Banking, and the Federal Reserve System

The History of Money from PBS, http://www.pbs.org/wgbh/nova/moolah/history.html

The Fed web site is a wealth of information for monetary policy, bank regulation, Open Market Operations, and FDIC. Go to: http://www.federalreserve.gov

Money Supply statistics from the Fed: http://www.federalreserve.gov/releases/h6/current/h6.htm

Federal Reserve Bank of New York Staff Reports, “Why Are Banks Holding So Many Excess Reserves?” July 2009, http://www.newyorkfed.org/research/staff_reports/sr380.pdf

Chairman Ben S. Bernanke at the Morehouse College, Atlanta, Georgia, April 14, 2009 “Four Questions about the Financial Crisis,” http://www.federalreserve.gov/newsevents/speech/bernanke20090414a.htm

NYT, March 2009, “The Deal That Fueled Subprime,” http://www.nytimes.com/2009/03/06/business/economy/06norris.html

From ABC news, “Money and Your Life: Investors Bet on Mortality,” http://abcnews.go.com/GMA/Weekend/wall-street-takes-gamble-life-insurance-settlements/story?id=8853608

From Market Watch, September 2009 “'Life settlements' bonds could be Wall Street's next big act,” http://www.marketwatch.com/story/life-settlements-could-be-wall-streets-next-act-2009-09-06