Sentences with phrase «american loan losses»

Prince Alwaleed acquired his Citi stake in 1991 when the bank struggled with Latin American loan losses and the U.S. real estate market collapse, and his shares in the banks were worth some $ 6 billion earlier this month.

Not exact matches

I have talked extensively to the administration of the American Library Association about their efforts to get more favorable e-book pricing and they told me that «The reason why publishers are so hostile to libraries is because the e-Books are loaned out to people who might otherwise be customers, they the publishers need to compensate for those perceived losses.»

Even in the face of astounding low mortgage rates including a shrinking jumbo spread (current best rates in your area), housing just isn't moving the dial and many investors fear with the expiration of the new homebuyer tax credit and a recent report outlining a massive drop in credit scores of Americans this year, we're looking at a new leg down in housing, which could crush Financials again, especially in the loan loss bucket.

While the pain from an imploding subprime auto loan market would be much less than what ensued from the housing crisis, the economy is still on relatively fragile footing, and losses could ultimately stall the broader recovery for millions of Americans.