Wednesday, September 25, 2013

Pulling the World Financial System Back from Collapse: The Story of Three Central Bankers (2013)

Pulling the World Financial System Back from Collapse: The Story of Three Central Bankers (2013)



Ben Shalom Bernanke (born December 13, 1953) is an American economist and currently chairman of the Federal Reserve, the central bank of the United States. During his tenure as chairman, Bernanke has overseen the Federal Reserve's response to the late-2000s financial crisis. Before becoming Federal Reserve chairman, Bernanke was a tenured professor at Princeton University and chaired the department of economics there from 1996 to September 2002, when he went on public service leave. From 2002 until 2005, he was a member of the Board of Governors of the Federal Reserve System, proposed the Bernanke Doctrine, and first discussed "the Great Moderation"—the theory that traditional business cycles have declined in volatility in recent decades through structural changes that have occurred in the international economy, particularly increases in the economic stability of developing nations, diminishing the influence of macroeconomic (monetary and fiscal) policy.
Bernanke then served as chairman of President George W. Bush's Council of Economic Advisers before President Bush appointed him on February 1, 2006, to be chairman of the United States Federal Reserve. Bernanke was confirmed for a second term as chairman on January 28, 2010, after being re-nominated by President Barack Obama.

http://en.wikipedia.org/wiki/Ben_bern...

Mervyn Allister King, Baron King of Lothbury, GBE, FBA (born 30 March 1948) was the Governor of the Bank of England and Chairman of its Monetary Policy Committee from 2003 to 2013. He had been Deputy Governor from 1998 to 2003, Chief Economist and Executive Director from 1991, and a non-executive director of the Bank from 1990 to 1991.[1]
King is a Fellow of the British Academy, an Honorary Fellow of King's and St John's Colleges, Cambridge and holds Honorary Degrees from Cambridge, Birmingham, City of London, Edinburgh, London Guildhall (now London Metropolitan University), London School of Economics, Wolverhampton, Worcester and Helsinki Universities. He is a Foreign Honorary Member of the American Academy of Arts and Sciences, sits on the Advisory Council of the London Symphony Orchestra, is a Patron of Worcestershire County Cricket Club, Honorary President of Ekenäs Cricket Club in Finland,[2] and a Trustee of the National Gallery.[1]
King left his office as the Governor of the Bank of England on 30 June 2013, and was replaced by Mark Carney. He was appointed a life peer by Queen Elizabeth II for 'contributions to public service'. King entered the House of Lords on 22 July 2013 as a crossbencher, taking the title Baron King of Lothbury.

http://en.wikipedia.org/wiki/Mervyn_K...)

Jean-Claude Trichet (pronounced: [ʒɑ̃ klod tʁiʃɛ]; born 20 December 1942) is a French civil servant who was the president of the European Central Bank, a position he held from 2003 to 2011. He is also a member of the Board of Directors of the Bank for International Settlements. In 2008, Trichet ranked fifth on Newsweek's list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth).

http://en.wikipedia.org/wiki/Jean-Cla...



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