Yalman Onaran

May 01, 2019 | Credit Union Times

Some of the largest financial institutions triple their cyber-defense budgets in the last three to four years.

By Yalman Onaran

2 minute read

July 27, 2009 | Daily Report Online

Now that the U.S. economy shows tentative signs of recovery, James Bullard, president of the Federal Reserve Bank of St. Louis, wants the Fed to adopt a plan for taming the inflation he expects may follow the end of the recession. Unless the central bank puts a strategy in place and presents it to the public, inflation expectations may run rampant, Bullard says.

By Yalman Onaran

6 minute read

June 09, 2009 | Daily Report Online

By Yalman Onaran

5 minute read

December 02, 2009 | Daily Report Online

John Maynard Keynes proposed a tax on financial transactions in the middle of the Great Depression, and another economist, James Tobin, revived the idea in the 1970s as a way to counter currency market speculation. Neither effort gained much acceptance. Now, a growing number of economists and politicians argue that it's time for a levy on trading stocks, bonds, currencies and derivatives.

By Yalman Onaran

6 minute read

March 04, 2010 | Daily Report Online

For consumer advocates, housing a new agency to protect Americans from financial-product abuse within the Federal Reserve would be a defeat after lobbying for an independent body. For banks, it would represent a victory. Barney Frank, chairman of the House Financial Services Committee, called a Senate plan to house the proposed Consumer Financial Protection Agency at the Fed "a joke.

By Craig Torres and Yalman Onaran

6 minute read

January 10, 2008 | Daily Report Online

In naming insider Alan Schwartz as its new chief executive officer, Bear Stearns Cos. is pursuing a different course than other firms that replaced their leaders after suffering subprime mortgage losses. Schwartz, an executive with more than 30 years of experience at Bear Stearns, was the hand-picked choice of his predecessor, James "Jimmy" Cayne, 73, who remains as non-executive chairman.

By Yalman Onaran

5 minute read

July 23, 2008 | Daily Report Online

"Everything is over" So wrote Emanuel Lehman, one of three brothers who founded the cotton-trading company that bore his name. The year was 1862. The cause of alarm: the Civil War, which had cut off communications between Montgomery, Ala., where Lehman Brothers was founded a dozen years earlier, and New York, where much of its business was transacted.

By Yalman Onaran

19 minute read