Thursday, December 23, 2010

FED Chairman Ben Bernanke to admit there is only the total assets of millions of family wealth.

<P>: Http://finance. News, U.S. Federal Reserve Chairman Ben Bernanke on Tuesday released his report on disclosure of personal financial situation. .The report shows total assets of about Bernanke 1.12 to 2.41 million U.S. dollars between. .Although the management of the world's largest economy, but Bernanke's investment is very simple, only including the United States government bonds, funds and annuities, no stock. .</ P> <P> 53-year-old Bernanke in February 2006 from the charge of the Fed, this is the second time after he took office to disclose personal financial situation, according to regulations, he just disclosed the value of assets interval. .Bernanke present little change in total assets and last year, the largest pension assets for the two products, namely TIAATraditional and CREFStockLargeCapBlend, each value at 500 thousand to 1 million U.S. dollars between. .Last year, he sold a part of the two annuities. .</ P> <P> addition to annuities, Bernanke's assets also include U.S. Treasury bonds and funds, but no stocks and corporate bonds. .In accordance with U.S. law, the Fed chairman and other board members may not hold shares of banks, financial sector can not be held investment fund, but other assets can usually be held. .</ P> <P> the past year, Bernanke's investment in the $ 136,500 total income to 31.8 million dollars, and not very different from the last disclosure. .In addition to investment income, Bernanke last year for the $ 183,500 salary this year rose to $ 186,600. .</ P> <P> In addition, as an economist, Ben Bernanke spent more than half of the academic career, including working at Princeton University. .Therefore, his book, Bernanke has reaped royalties from the two textbooks. .Released documents show that in the royalty income is about 50 thousand to 100 thousand U.S. dollars between. .</ P> <P> Bernanke assumed the current debt is only a ten-year student loan, because Bernanke has two children, one child and a daughter. .</ P> <P> report also showed that Bernanke did not spend any gifts or travel expenses. .</ P>.

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