Ben Bernanke has been approved to serve a second four-year term as chairman of the US Federal Reserve, the country’s powerful central bank. Superhero Ben Bernanke Photo Credit To FreakingNews.com The US Senate voted 70-30 in favour of Mr Bernanke, handing him the narrowest victory ma...

Bailout Scorecard: The End of the Beginning Breathe a sigh of relief: More than six months after the financial crisis erupted, a complete bailout regime is finally in place. The bank rescue plan finally unveiled by Treasury Secretary Tim Geithner is the last major piece of a vast bailout sch...

Fed chair Bernanke warned that the Fed did not monitor bonuses by the company Just one day before the Obama administration expressed its disapproval of AIG’s $165 million in bonuses, Federal Reserve chairman Ben Bernanke warned in a private letter to a key lawmaker that the Federal Re...