Sentences with phrase «during the credit crisis many»

The documents reveal that JPMorgan, as well as two firms the bank acquired during the credit crisis, Washington Mutual and Bear Stearns, flouted quality controls and ignored problems, sometimes hiding them entirely, in a quest for profit.
This happened to me during the credit crisis: one dormant account was closed, and two others had limits reduced.
Buffett lamented in 2010 that he didn't buy more corporate and municipal bonds during the credit crisis when yields made the securities «ridiculously cheap» compared with U.S. Treasuries.
Investors often worry about market volatility — especially the kind of big negative moves seen during the credit crisis of 2008 or the summer of 2011.
As you can see, the high yield index fell even farther than the stock index during the credit crisis of 2008 before rebounding in 2009.
As investors learned during the credit crisis, when the stock market gets really grumpy, no amount of diversification is going to save you.
They are certainly big companies in their industries, but are they 1) likely to be insolvent during a credit crisis, and 2) does the failure of any one of them affect the solvency of other financial firms?
There are other cases — like during this credit crisis the values of bonds on the secondary market dropped.
Many players in both classes have performed spectacularly given the crushing blow they were dealt during the credit crisis, but comparatively speaking, they may have much more room to run.
(During the credit crisis many lenders, especially non-bank lenders and state loan agencies, are borrowing funds from the US Department of Education in order to continue making new loans.
It allowed him to do very well during the credit crisis when many of the CDS positions he had soared.
Demand for commercial space plummeted during the credit crisis and recession, as investors had a tough time securing financing for new purchases or refinancing short - term debt from earlier deals.

Not exact matches

During hearings on the near collapse of the U.S. auto - industry in the aftermath of the 2008 credit crisis, the Big Three automaker CEOs appeared before a congressional committee to account for themselves.
CEO Leah Busque credits her fiscal restraint to the company's beginnings during the financial crisis.
«After a nine - year bull market, (short selling) was like swimming upstream,» said conference organizer Whitney Tilson, who credits short - selling with saving his own hedge fund during the 2007 - 2009 financial crisis.
The buffer is put in place to ensure that lenders do not get themselves into the same positions that they did during the financial crisis, protecting themselves from debt going bad and triggering another credit crunch.
Average credit scores most recently bottomed out at 686, during the housing crisis when there was a sharp increase in foreclosures.
December 2009 (1967 kb PDF file): The Q&A in this issue features seven questions about political influence and the financial crisis (by Deniz Igan, Prachi Mishra, and Thierry Tressel); research summaries on «Credit Conditions and Recoveries from Financial Crises» (by Prakash Kannan) and «Inflation Targeting in Emerging Economies» (by Turgut Kýþýnbay); the contents of the latest issue of IMF Staff Papers; a listing of visiting scholars at the IMF during October — December 2009; and listings of recent IMF Working Papers and Staff Position Notes
While junk bonds may not represent a systemic risk as credit derivatives did during the financial crisis, they can be one of the more effective leading economic indicators.
Many central banks, especially during the most acute phases of the crisis, also employed policies known as «credit easing,» which involves purchases of private sector assets in certain credit markets that are important to the functioning of the financial system but are temporarily impaired.
In that role he was credited with steady handling of Canada's economy during a financial crisis that took its toll on other G8 and G20 nations.
Now that many African Americans in cities like Atlanta were foreclosed on during the subprime crisis, many of them have bad credit as a result — which means they can't buy homes the traditional way, and so are being offered contract - for - deed payments once again.
OZRK has a very strong credit culture and performed extremely well during and after the 2008 credit crisis.
European credit and equity markets were relatively stable during the Greek crisis.
As you can see in the chart above, the VIX index moved steadily higher as the market approached the peak of the late 1990s technology bubble, calmed down during the steady growth period of 2003 - 2007, then spiked during the 2008 credit crisis and in the latter half of 2011.
On 14 September 2007, the Northern Rock Bank sought and received a liquidity support facility from the Bank of England, [83] following problems in the credit markets during the financial crisis of 2007 — 2010.
On their way into Thursday's ceremony, many politicians took the opportunity to credit Carey with saving New York City during the fiscal crisis of the 1970s.
His daughter, Marianne Carey Hayes, said her father was willing to share credit for his accomplishments during the financial crisis.
«Economic stabilisers» are social security payments, and wage and housing subsidies (tax credits and housing benefit) that rise when labour markets are weak and wages stagnate during economic crises.
Rosenthal credits a scientific article published during America's first energy crisis in the 1970s for piquing his interest in bismuth.
Based on the non-fiction novel by Michael Lewis «The Big Short: Inside the Doomsday Machine,» the film tells the story of the build - up of the housing and credit bubble during the 2000s that led to the discovery of mass subprime fraud and the financial crisis of 2007 - 2010.
If you are a tenant struggling to stay afloat during the financial crisis, perhaps you should consider a bad credit tenant loan that can help you pay your rent and more.
During the Great Recession, the worst credit crisis since the Great Depression, high - grade corporates lost less than 50 % during a short time while high yield corporates lost approximately two thirds for an extended pDuring the Great Recession, the worst credit crisis since the Great Depression, high - grade corporates lost less than 50 % during a short time while high yield corporates lost approximately two thirds for an extended pduring a short time while high yield corporates lost approximately two thirds for an extended period.
I was relatively uninvested during the Fall 2008 credit crisis, and saw an ideal opportunity to get in and make some money.
During the banking crisis, many of the country's 7,800 credit unions amassed billions of dollars from their members» savings and from interest on home and car loans.
To keep performance high, credit - focused managers are moving back into some of the risky assets that got tarnished during the financial crisis like collateralized loan obligations, or CLOs, securities cobbled together from pools of corporate loans.
And like home prices in Atlanta during the financial crisis, prices of EM equities have plunged as credit conditions have tightened.
Foundation Mortgage recognizes that there are many low credit - risk borrowers who suffered during the housing crisis.
Pfizer and General Electric, for instance, both carried top - notch credit ratings when they cut their payouts during the financial crisis.
Most lenders stopped offering discounts during the subprime mortgage credit crisis.
During the 2008 credit crisis, it turned out that institutions were buying insurance (credit default swaps) from companies that could not pay the claim.
Many car manufacturers got out of leasing in 2008 during the global financial crisis when credit markets seized.
Levi King, CEO and co-founder of Nav, saw the credit limit on one of his credit cards implode during the financial crisis.
During the financial crisis of 2007, the credit bubble burst, causing lending to come to a near halt.
While credit unions, like others, got burned by underperforming mortgages during the crisis, they still generally remained more comfortable with slightly looser underwriting than lenders like banks because they know and answer to their members.
Now, it didn't help that I was seeking credit during the financial crisis of 2008, when every institution was tightening its lending policies, but I couldn't even get a Target store credit card (I had to settle for their debit card) and had to submit extra «identifying documents» to create a PayPal account.
Very simply, I'm confident that we've addressed the challenges that we faced during the recent credit crisis, and that our hedging models are well - suited to navigate the market cycles ahead.
But it is worth noting that when the credit crisis of the past several years caused private - sector lenders to begin backing away from the student loan market, the government already found itself having to step in to fill the void and the percentage of direct loans grew considerably during the recent economic downturn.
[Not that the industry's performance during the crisis was inspiring either...] Of course, this reflects the current predominance of long / short equity & credit funds.
Alternatively, most stocks in the financials sector moved sharply lower during the collapse of the subprime mortgage market and the subsequent credit crisis in 2008 — 2009.
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