He continued to try to coax provinces into voluntarily joining a national regulator, but also began drafting a law allowing Ottawa to regulate some of those broader risks the court mentioned, including murkier corners of capital markets like over-the-counter derivatives, often blamed for the much of the 2008
global credit meltdown.
Figuring out ways to regulate trading by sophisticated investors in derivatives, which go by exotic names such as «currency forwards» and «credit default swaps,» is a hot topic in international policy circles, largely because failures on this murky side of the market are blamed for the 2008
global credit meltdown and the recession that followed.
Not exact matches
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.
The
meltdown of
global credit markets starting with American sub-prime mortgage loans, leading to the death of Wall Street as we have known it, and now to a serious
global recession, seemingly came out of nowhere.
With many banks having cut back on their levels of issuing bad
credit installment loans following the 2008
global financial
meltdown.
Das (2008) conceded that contrary to his earlier view of financial globalization «eliminating»
credit risks, in fact «[p] artial blame for the fall 2008
meltdown of the
global financial market does justly go to globalization.»
When banks clamped down on lending to all but their best - heeled customers after the 2008
global economic
meltdown, fledgling peer - to - peer online loan sites rushed to meet the nation's need for
credit and cash.
First, the
global economic
meltdown (housing bubble bursting,
credit crunch, etc) sharply reduce car sales overall, and then oil prices fell like a rock, reducing the
«The danger of
global warming is as grave a threat to our country's and our world's future as the
meltdown of its
credit markets.