donald kohn, former vice chairman at the fed, sat down today with washington bureau chief darren gersh for his first television interview since leaving the central bank two months ago. darren began by asking kohn how the fed's plan to buy hundreds of billions of dollars in bonds will help create jobs. >> buying bonds helps to lower interest rates. and we've already seen that since chairman bernanke began to discuss the possibility of buying bonds last august at jackson hole, and raised that possibility, and interest rates have fallen. we've seen 10-year real interest rates fall by about a half point, i think, in that time. lower interest rates help in a number of ways. they reduce the cost of borrowing, encourage people to borrow and spend. they will bolster asset prices, and we've seen a good gain in equity markets over the past couple of months. it is not entirely, i'm sure, due to what the federal reserve is saying, but i think that is probably contributing. and we've seen a modest decline in the dollar, which should help encourage exports, and help industries that are competing wit

we'll also talk quantitative easing with former federal reserve vice chairman donald kohn.ur friday "market monitor" guest expects dividend-paying stocks will lead the way to new yearly highs. he's robert stovall, managing director of wood asset management. two of the biggest names in private jet travel are uniting. net jets, the private jet company owned by berkshire hathaway, is buying marquis jet. marquis will become a net jets subsidiary, but no financial details were disclosed. both companies offer partial ownership of air craft, helping businesses save on the cost of owning and operating a private jet. >> tom: royal dutch shell leads a list of oil services and shipping firms paying $236 million to settle a u.s. investigation into overseas bribery. it's the latest move by the justice department and s.e.c. to crack down on companies paying bribes to foreign officials. other companies in the settlement include pride international, tidewater, transocean, noble corp., and global santa fe. " >> susie: now that the uncertainty surrounding the midterm elections is over, tonig

donald kohn served as vice president of the federal reserve system in 2006 to 2010. in that role he advised ben bernanke throughout the 2008 and nine financial crises and also served as key advisor to mr. bernanke's predecessor, alan greenspan. he is now a senior fellow at the brookings and duchenne. dr. kohn is a 40 year veteran of the federal reserve. prior to serving on the board he was an advisor to the board for monetary policy, secretary of its open market committee, director of the division of monetary affairs and deputy staff are for monetary and financial policy. he also held several posts in the ports division of research research and statistics, including associate or, chief of capital markets senior economist. he began his career as financial economist at the federal reserve bank of kansas city. he also served as chairman of the committee on the global financial system, a special bank panel that monitors and examines broad issues related to financial markets and systems. dr. kohn has written extensively on issues related to monetary policy and its impleme

finally, our clothing -- closing keynote will be donald kohn, the former vice chairman of the federalarks we lighten things up with a cocktail reception that george described and then dinner, and artistic this evening will be north of donald, another alum who's the chief washington correspondent for nbc today show and msnbc. so let's get started. i first honored to welcome our first keynote speaker, neal wolin, deputy secretary of the u.s. treasury department. after graduate from yale university, mr. will earn a master of science and government economics from oxford university and a return to yale where he earned his law degree. is will do one of the nation's leading law firms, served as special assistant to the director of the cia, and was deputy general counsel at the treasury department under secretary rubin. he then spent nearly eight years in the private sector as executive vice president and general counsel of the hartford, and later as president and chief operating officer for the property and casualty operations of hartford financial services group. in march 2009 he was select

finally the closing keynote will be donald kohn. after mr.n concludes, we'll lighten things up with the cocktails and dinner. and nora o'donnell is the chief correspondent for nbc and msnbc. let's get started. i'm first honored to welcome our first keynote keeker, -- speake, neal wolin. neal earned a masters of science from oxford, and returned to yale where he earned his law degree. he's worked at one the nations leading law firms, served as special assistant to the director of cia, and was deputy general council at the treasury department under secretary rueben. he spent eight years in the private sector at general counsel as the hartford, and later as chief operating officer for the property and casualty operations of hartford financial services group. in march 2009, he was selected to be deputy treasury secretary. testifying before the committee earlier this year, he said the ingredients for successful financial regulatory overhaul should include strong consolidated supervision for all large banks, increase capital and liquidity requireme