G.17 Industrial Production

Statistical Release
G.17 Industrial Production

Released by the Board of Governors of the Federal Reserve System

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News Alert: New York Poll Finds Anger at Albany and Wide Edge for Andrew M. Cuomo in Governor's Race

Breaking News Alert
The New York Times
Sun, October 17, 2010 -- 7:25 PM ET
-----

New York Poll Finds Anger at Albany and Wide Edge for Andrew M. Cuomo

New York voters are profoundly pessimistic about the state
economy, worried that they or someone in their household will
be laid off in the coming year, and convinced that Albany is
rife with corruption.

But in the race for governor, they are rallying not around
the gruff outsider who has promised to take a baseball bat to
Albany, but around an insider who has spent much of his adult
life working in government: Attorney General Andrew M. Cuomo.

Read More:
http://www.nytimes.com/2010/10/18/nyregion/18poll.html?emc=na

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News Alert: Countrywide's Former Chief in Settlement of Fraud Case

Breaking News Alert
The New York Times
Fri, October 15, 2010 -- 2:42 PM ET
-----

Countrywide's Former Chief in Settlement of Fraud Case

Lawyers have told the Associated Press that Angelo Mozilo,
the co-founder of Countrywide Financial Corporation, and two
other defendants have reached an agreement with federal
regulators to settle civil fraud and insider trading charges.

The settlement was announced at a hearing on Friday in
federal court in Los Angeles.

Countrywide was a major player in the market for high-risk
subprime mortgages that helped touch off the financial
crisis.

Read More:
http://www.nytimes.com?emc=na

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News Alert: Bernanke Outlines 'Case for Further Action'

Breaking News Alert
The New York Times
Fri, October 15, 2010 -- 8:24 AM ET
-----

Bernanke Outlines 'Case for Further Action'

The Federal Reserve chairman, Ben S. Bernanke, indicated on
Friday that the central bank was poised to take additional
steps to try to fight persistently low inflation and high
unemployment.

"Given the Committee's objectives, there would appear -- all
else being equal -- to be a case for further action," he said
in a detailed speech at a gathering here of top economists in
Boston.

Mr. Bernanke noted that "unconventional policies have costs
and limitations that must be taken into account in judging
whether and how aggressively they should be used." But he
suggested that the Fed was prepared to manage the risks
associated with the most powerful tool remaining in the Fed's
arsenal of weapons to stimulate the economy: vast new
purchases of government debt to lower long-term interest
rates.

Read More:
http://www.nytimes.com?emc=na

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Bernanke, Monetary Policy Objectives and Tools in a Low-Inflation Environment

Bernanke, Monetary Policy Objectives and Tools in a Low-Inflation Environment

At the Revisiting Monetary Policy in a Low-Inflation Environment Conference, Federal Reserve Bank of Boston, Boston, Massachusetts

http://www.federalreserve.gov/newsevents/speech/bernanke20101015a.htm

Released by the Board of Governors of the Federal Reserve System

Schedule of upcoming postings to the Board's website
List of items posted to the Board's website over the past two weeks

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Board issues enforcement actions with Investors Financial Corp of Pettis County and Gregg Bancshares

Board issues enforcement actions with Investors Financial Corp of Pettis County and Gregg Bancshares

http://www.federalreserve.gov/newsevents/press/enforcement/20101014a.htm

Released by the Board of Governors of the Federal Reserve System

Schedule of upcoming postings to the Board's website
List of items posted to the Board's website over the past two weeks

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News Alert: Rescuers Pull All 33 Miners to Safety in Chile

Breaking News Alert
The New York Times
Wed, October 13, 2010 -- 8:56 PM ET
-----

Rescuers Pull All 33 Miners to Safety in Chile

Two months, nine days and eight hours after their
excruciating ordeal began, the last of the 33 miners trapped
in an apartment-sized hole a half mile under Chile was
delivered safely to the earth's surface, capping one of the
most dramatic survival stories in mining history.

With the entire nation rapt and much of the world riveted,
the last miner, Luis Urzua, rose smoothly out of the small
hole in the ground, prompting an eruption of applause and
cheers that seemed just as heartfelt as the outpouring that
followed the emergence of the first miner nearly a day
earlier.

Read More:
http://www.nytimes.com/2010/10/14/world/americas/14chile.html?emc=na

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