Bernanke recouped personal losses in 2009

Posted Friday July 30, 2010 1 month, 1 week ago

U.S. Federal Reserve Chairman Ben Bernanke listens to questions as he testifies before a House Finan

U.S. Federal Reserve Chairman Ben Bernanke listens to questions as he testifies before a House Financial Services hearing on the "Monetary Policy and the State of the Economy" on Capitol Hill in Washington, July 22, 2010. REUTERS/Jim Young

Article courtesy of Reuters

WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke's personal finances recovered in 2009, disclosure forms released by the central bank on Friday showed.

Bernanke listed assets in a range of $1.2 million to $2.5 million. They had slipped to between $822,011 to $1.8 million in the previous year, from $1.7 million and $2.5 million in 2007.

Bernanke's assets included annuities, mutual funds and money market funds. His two largest holdings were annuities from the TIAA-CREF financial services company worth between $500,001 and $1 million each.

The most affluent Fed board member was Governor Elizabeth Duke, who listed assets worth between $3.5 million and $8.2 million.

Governor Kevin Warsh's wife, Jane Lauder, granddaughter of the founder of the Estee Lauder cosmetics company, listed assets worth at least $66.3 million. Warsh listed assets worth between $702,000 and $1.5 million.

(Reporting by Mark Felsenthal; Editing by Dan Grebler)