Faber, Bernanke, Poole, Bove, Obama: Multimedia Highlights
Marc Faber, publisher of the "Gloom, Boom & Doom Report" and managing director of Marc Faber Ltd., talks about the possibility that France and Germany may have to bail out entire nations as European government budgets buckle under the weight of recession. Federal Reserve Chairman Ben S. Bernanke talks about the Fed's plan to begin releasing longer-term projections for inflation, aiming to anchor public expectations for prices. Former Federal Reserve Bank of St. Louis President William Poole talks about Bernanke's speech today and the value of an inflation target for the central bank. Richard Bove, an analyst with Rochdale Securities, discusses the outlook for the U.S. banking industry. President Barack Obama speaks about his plan to take a more aggressive stance in efforts to halt mortgage foreclosures and ease the U.S. housing crisis, Bloomberg re[ported.