NEW YORK (Reuters) - The economist credited with helping encourage the Federal Reserve to take a new, bold approach to monetary policy on Thursday says the latest plan to buy bonds will prove more effective than past efforts to boost the U.S. economic recovery. Full story
JACKSON HOLE, Wyoming (Reuters) - Central bankers are placing excessive faith in their powers to spur growth when interest rates are already ultra-low, and the other tools they have may prove much less potent than hoped, a top economist warned on Friday. Full story
LONDON (Reuters) - Michael Woodford, ousted as head of Japanese camera-to-endoscope maker Olympus <7733.T> after blowing the whistle on one of Japan's biggest corporate frauds, on Tuesday won a likely multi-million dollar settlement of his claim for unfair dismissal. Full story
LONDON (Reuters) - Michael Woodford, the ousted chief executive of Olympus <7733.T>, will try to persuade a London judge his embattled former employer fired him because he blew the cover off one of Japan's most high-profile corporate frauds. Full story
WOODFORD, AUSTRALIA - JULY 31: Craig Nicholls of The Vines performs on stage on day three of the Splendour in the Grass music festival on July 31, 2011 in Woodford, Australia.
Former Olympus President and CEO Michael Woodford walks before he attends Olympus Corp's extraordinary shareholders' meeting in Tokyo April 20, 2012. REUTERS/Toru Hanai
Former Olympus Chief Executive Michael Woodford gestures as he speaks about an accounting scandal at the company during an event by the Economist magazine in Tokyo November 24, 2011. Woodford said on Thursday he was confident Japanese authorities would fully investigate the scandal engulfing the dis