Wednesday, July 29, 2009

 

Bernanke’s Assets Tumbled as Much as 29% as U.S. Stocks Fell

Federal Reserve Chairman Ben S. Bernanke’s assets tumbled by as much as 29 percent last year as declining stocks eroded the value of his annuities and other investments, according to his annual financial disclosure forms... The filings, released by the Fed yesterday, show Bernanke and his family owned $852,000 to $1.9 million in financial assets in 2008, down from $1.2 million to $2.5 million in 2007...

Bloomberg: Bernanke’s Assets Tumbled as Much as 29% as U.S. Stocks Fell

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