Paul Volcker, who served as chair of the Federal Reserve for two presidents, died Monday. His passing came 40 years after he drove interest rates to record highs in an effort to tame double-digit inflation. Known for his height and…
By Paul Solman
Volcker took charge of the Fed in August 1979, when the U.S. economy was slipping into the grip of runaway inflation.
By Paul Wiseman, Christopher Rugaber, Associated Press
The Obama administration is trying to rein in big banks, but Robert Kelly, chief executive officer of Bank of New York, says that's a big mistake.
In the latest installment in his series of reports making sense of financial news, Paul Solman explains how interest rates are set, with a little help from economic country musician Merle Hazard.
Analysts Mark Shields and David Brooks examine President-elect Barack Obama's new economic team and the challenges he may face in evaluating their views on the financial crisis.
In an attempt to combat the economic crisis, President-elect Barack Obama has appointed key members of his economic team, including former Fed Chair Paul Volcker, to lead an economic advisory panel. Two financial writers assess his team and financial recovery…
World Bank President Robert Zoellick has been tasked with putting the bank back on track after the stormy departure of its former chief, Paul Wolfowitz. Zoellick details his plan to lead the poverty-fighting institution.
Former Federal Reserve Chairman Paul Volcker discusses problems in the accounting industry and his recommendation that Arthur Andersen be split up.
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