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Representative Paul D. Ryan of Wisconsin, the new chairman of the House Budget Committee and a vocal skeptic of the Fed's bond-buying effort, told Mr. Bernanke: "My concern is that the costs of the Fed's current monetary policy — the money creation and massive balance sheet expansion — will come to outweigh the perceived short-term benefits".
It is easy to understand why the Fed wants more tools to help it manage its massive balance sheet.
We need a skilled central banker willing to make the tough decisions that will be necessary as the Fed unwinds its massive balance sheet.
Exxon has missed the U.S. shale gas boat, and spent the last decade using its massive balance sheet to build megaprojects in far-flung spots like Russia, Africa and Qatar (See "ExxonMobil: Green Company Of The Year").
Moreover, banks harbor massive balance sheet risk against which they hold insufficient capital.
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They "used their massive balance sheets to trade derivatives and take huge risks".
Massive firms have massive balance sheets, where multimillion-dollar slip-ups can have relatively small effects on quarterly earnings.
The gambler who rebuilt London Aerial combat The secret of eternal life Mercky waters How Bill became Larry Welcome to Hollywald ReprintsAt the firm's general meeting, to be held in Paris in July, the investors will be asked to approve a massive overhaul of its balance sheet.
Under him, Citi dived headfirst into the mortgage debacle and shunted massive liabilities off its balance sheet.
They recognized that it had a massive hole in its balance sheet, yet took an inertial course of action.
The primary interest in Dudley's speech though was inflation, or why the massive swelling of the Fed's balance sheet is highly unlikely to be inflationary.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com