Michael Woodford


Michael Woodford News

  • Bernanke Jackson Hole Absence Contrasts With Greenspan Adulation

    When former Federal Reserve Chairman Alan Greenspan was set to retire, his final appearance in 2005 at the Fed’s annual symposium in Jackson Hole, Wyoming, became a celebration of his legacy.

  • Bernanke to Miss Jackson Hole Symposium on Schedule Conflict

    Federal Reserve Chairman Ben S. Bernanke will not attend the central bank’s marquee conference in Jackson Hole, Wyoming, this year because of a personal scheduling conflict, a Fed spokeswoman said.

  • Yellen Backs ‘Lower for Longer’ Fed Rate Policy Amid Risks

    Federal Reserve Board Vice Chairman Janet Yellen said she favors holding the benchmark interest rate “lower for longer” while cautioning that some bond-market investors may be paying too much for higher yields.

  • Olympus Ex-CEO Woodford Meets Prosecutors

    Olympus Corp. whistle-blower Michael Woodford said he met for two hours today with U.S. prosecutors and investigators for the Securities and Exchange Commission in New York.

  • Paul Ryan Isn't an Inflation Nutter

    My colleagues Justin Wolfers and Betsey Stevenson provocatively argue that Representative Paul Ryan, the Republican Party's de facto spokesman on economic policy, is "an inflation nutter" because he is concerned that future budget deficits may lead to rapid price inflation.

  • Michael Woodford's Olympus Book a Must-Read for Japan Inc.

    If there's any name Japan Inc. never wants to hear again it's Michael Woodford. Good luck with that as the former Olympus Corp. president's memoirs, "Exposure," makes the rounds.

  • Central Bankers Should Weigh GDP Targeting, Woodford Says

    Central bankers should adopt a clear policy goal, such as the path for nominal gross domestic product, to make remaining easing options more effective under the limits of near-zero interest rates, according to Michael Woodford, a professor of political economy at Columbia University.

  • DeLong Says Not Time to Cut U.S. Budget With Free Lunch

    Just as lawmakers force as much as $85 billion of budget cuts on the federal government, economists Bradford DeLong and Lawrence Summers have a message for Washington: Now is the perfect time to spend more, not less.

  • Woodford Sues Olympus Over Dismissal, Giving Up Proxy Battle for Control

    Olympus Corp.’s former Chief Executive Officer Michael Woodford said he’s suing the Japanese camera maker over his dismissal as he abandoned plans to wage a proxy battle for control of the company.

  • At Olympus and Goldman Sachs, Two Very Different Whistleblowers

    One of the great challenges for business leaders is to separate fact from opinion. Bad facts must lead to action. Bad opinions may lead to action, but not necessarily. The different implications arising from hard fact and harsh opinion are illustrated by two whistleblowers who have recently published books. The first whistleblower — using facts — is former Olympus CEO Michael Woodford, who uncovered a huge accounting fraud...

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