Do Central bankers have license to lie?
Acclaimed journalist and economist Anatole Kaletsky explains in a report on Reuters why lying is an essential virtue in central bankers like US Federal Reserve Chairman Ben Bernanke.
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New York State Supreme Court Justice Barbara Kapnick in Manhattan issued a judgement today approving an $8.5 billion settlement between Bank of America Corp with investors, and also said that some loan modification claims will continue, said Bloomberg.
Russell Investments chief economist Mike Dueker was found death on January 30 in Washington state, according to Pierce County Sheriff's Department. The police added that Dueker's death looked like a suicide, but noted that victim had work problems.
Following is a text of the prepared remarks by President Barack Obama for his annual State of the Union address on Tuesday.
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