Sentences with phrase «brothers financial collapse»

Not exact matches

There is an immediate risk of financial chaos; maybe not the kind of chaos that followed the collapse of Lehman Brothers in 2008, but certainly some ugliness.

That would prevent a default that would clog the global river of credit — much like the collapse of Lehman Brothers in 2008 — sparking another financial markets meltdown.

Take the case of Lehman Brothers, the financial services firm that collapsed in 2008 and played a big role in the global economic downturn.

Lehman Brothers collapsed in the fall of 2008 amid the global financial crisis and Great Recession.

The stock value lost by GE in the past 12 months is twice the amount that vanished when Enron Corp. collapsed in 2001 — and more than the combined market capitalization erased by the bankruptcies of Lehman Brothers and General Motors during the financial crisis.

The index is now at its highest since April 2008, several months before the collapse of Lehman Brothers brought the global financial system nearly to a halt.

Harvard University economist Lawrence Summers set the tone, using a newspaper commentary to label the current situation the most dangerous since the investment bank Lehman Brothers collapsed in 2008 and sparked a global financial crisis.

In the wake of the global financial crisis, Fortress bought bad loans in Italy and has a track record in Japan, where it bought hotels held by Lehman Brothers after the bank collapsed in 2008.

It has been five years since the collapse of investment bank Lehman Brothers Holdings, a shock point in an era that saw the takeover or shutdown of many household - name financial institutions and the meltdown of the stock and housing markets.

Will the firm that survived the Great Crash of 1929, the Mexican peso crisis and the financial collapse of 2008 be the next name to follow in the unfortunate footsteps of Lehman Brothers and Bear, Stearns & Co?

On September 15, 2008, a key moment in the 2008 financial collapse on Wall Street when Lehman Brothers filed bankruptcy, Merrill Lynch was forced into the arms of Bank of America and Citigroup teetered toward insolvency, Deutsche Bank's shares closed the day at $ 58.80 (equivalent price adjusted for a subsequent stock split).

The U.S. Senate is considering a bill that would remove some of the banking safeguards imposed in the wake of the 2008 financial crisis and the collapse of investment bank Lehman Brothers.

The backlash against the private sector is hardly surprising: when financial institutions broke down following the collapse of Lehman Brothers in 2007, the costs fell not on wealthy financiers but society as a whole in an era when middle income households were suffering an unprecedented squeeze.

Inaugurated in 1999 as a meeting of finance ministers from developed countries and emerging economies, the G20 has turned into a top - level summit coordinating the global response to the financial crisis after the collapse of Lehman Brothers in 2008.

The collapse of US banking giant Lehman Brothers in September 2008 precipitated a worldwide financial crisis which by 2009 had developed into a serious global economic downturn.

«If it wasn't Lehman Brothers but Lehman Sisters, we might not have had the financial collapse,» Gillibrand told attendees at the progressive Center for American Progress Ideas Festival.

Previously, Sue worked at The Wall Street Journal, where she was a lead reporter in a package of stories on the financial crisis and the collapse of Lehman Brothers that was a finalist for a 2009 Pulitzer Prize.

Sen. Kirsten Gillibrand (D., N.Y.) argued during a Tuesday panel at the Center for American Progress Ideas Festival that having females in leadership roles would solve problems, saying, «If it wasn't Lehman Brothers but Lehman Sisters, we might not have had the financial collapse.»

Already support for the main parties is fraying at the edges — witness the results of the European Parliament elections in 2009, after Britain had been hit by the financial tsunamis from the collapse of Lehman Brothers and Northern Rock.

WASHINGTON (CNN)- President Barack Obama will deliver remarks in the Rose Garden on Monday to mark the five - year anniversary of the collapse of Lehman Brothers, which triggered a massive, nationwide financial meltdown.

Also confounding the effort is the collapse of major financial institutions, such as investment bank Lehman Brothers, which had a team of brokers specifically dedicated to trading in such carbon markets, which will have an impact as it may limit the number of financial speculators in RGGI.

«Whoever caused this economic crisis, it wasn't our five - year - olds in schools now,» he said, adding that they had not even been born when Lehman Brothers collapsed at the start of the financial crisis in 2008.

«But immediately after the launch, Lehman Brothers collapsed (prompting a global financial meltdown), which resulted in that segment of the market shrinking dramatically.»

Back then, we were at the peak of the financial crisis after the collapse of investment bank Lehman Brothers on September 16, 2008.

I had a feeling about the financial markets, and so around the end of September, after the collapse of Lehman Brothers, I invested in the ProShares UltraShort Financials ETF (SKF).

The Lehman Brothers collapse a year ago set off the global financial meltdown.

Since witnessing how rapidly even staid financial companies like Lehman Brothers can collapse, I never buy bonds issued by financial entities, period.

Also confounding the effort is the collapse of major financial institutions, such as investment bank Lehman Brothers, which had a team of brokers specifically dedicated to trading in such carbon markets, which will have an impact as it may limit the number of financial speculators in RGGI.

Yet U.S. reporters and economists still write as though the Great Recession had nothing to do with a global energy shock but was instead a «financial crisis» that began with the collapse of an investment bank (Lehman Brothers) on September 15, 2008.

In September 2008 Iceland's banks were severely undermined by the global financial turmoil following the collapse of Lehman Brothers.

The financial crunch is not a recent phenomenon in Dubai, which like most other world markets started to feel the effects of the economic downturn late last year after the collapse of Lehman Brothers.

As we learned from the 2008 collapse of the Lehman Brothers and the ensuing financial crisis, the fallout from corporate failure is enduring and devastating.

Michael advised the Bank of England throughout the banking crisis, including on its Special Liquidity Scheme (for which his team won the 2009 Financial Times Innovative Lawyers Award for Legal Innovation in the Credit Crisis and the Downturn), the collapse of Lehman Brothers, Bradford & Bingley and the Icelandic banks, and the recapitalisation of UK banks.

Trade.io is committed to improving the financial marketplace and have devised a plan to combat a collapse like the one the world experienced in 2008 when Lehman brothers fell.

It certainly doesn't pose a systemic risk to the global economy like, say, the financial collapse of Lehman Brothers Holdings Inc. did, although the fearmongers will tell you otherwise.

To sum up, the financial world witnessed the bankruptcy of Lehman Brothers, the acquisition of Merrill Lynch by Bank of America, the conversion to bank holding companies by Morgan Stanley and Goldman Sachs, the collapse of Washington Mutual, the acquisition of Wachovia by Wells Fargo, the potential suspension of mark - to - market accounting and the ability of the government to purchase mortgage assets, both residential and commercial mortgage - backed securities, as well as whole loans.

The 556 - room, $ 180 - million property opened in 2008, just days after the collapse of Lehman Brothers and the start of the nation's financial meltdown.

The U.S. effective rent is still about 7.7 percent below the peak level in the second quarter of 2008, right before the collapse of Lehman Brothers sparked a financial meltdown.

A few days ago, Finland's finance minister, Alexander Stubb, warned that the consequences of a British vote to leave the European Union (EU) would parallel the collapse of US investment bank Lehman Brothers, an event that triggered the global financial crisis.