Related Web Links – Module 25 - Banking and Money Creation

For the History of Money from PBS, go to: http://www.pbs.org/wgbh/nova/moolah/history.html.

The Fed web site is a wealth of information for monetary policy, bank regulation, Open Market Operations, and FDIC.  Go to: http://www.federalreserve.gov.

Money Supply statistics from the Fed are available at: http://www.federalreserve.gov/releases/h6/current/h6.htm.

Federal Reserve Bank of New York Staff Reports, “Why Are Banks Holding So Many Excess Reserves?” July 2009, http://www.newyorkfed.org/research/staff_reports/sr380.pdf.

Chairman Ben S. Bernanke at the Morehouse College, Atlanta, Georgia, April 14, 2009 “Four Questions about the Financial Crisis,” http://www.federalreserve.gov/newsevents/speech/bernanke20090414a.htm.

NYT, March 2009, “The Deal That Fueled Subprime,” http://www.nytimes.com/2009/03/06/business/economy/06norris.html.

For a primer on the Federal Reserve System, go to: http://www.federalreserveeducation.org/about-the-fed/history/

Articles on mortgage backed assets from Forbes.com, August 2009,  “Lessons Learned A Year After Lehman's Demise,” http://www.forbes.com/2009/08/21/bernanke-bailout-paulson-personal-finance-investing-ideas-lehman-brothers.html and September 2009, “Invest In ... Mortgage-Backed Securities?” http://www.forbes.com/2009/09/08/mortgage-backed-securities-intelligent-investing-spreads.html.

From ABC news, “Money and Your Life: Investors Bet on Mortality,” http://abcnews.go.com/GMA/Weekend/wall-street-takes-gamble-life-insurance-settlements/story?id=8853608.

From Market Watch, September 2009 “'Life settlements' bonds could be Wall Street's next big act,” http://www.marketwatch.com/story/life-settlements-could-be-wall-streets-next-act-2009-09-06.