Sentences with phrase «great financial collapse»

It is nothing short of fiduciary negligence that Congress has allowed this dangerous banking system to remain unreformed eight long years after the greatest financial collapse since the Great Depression.

The left hates George Bush because he's a simpleton who got us into two unfunded wars and presided over one of the great financial collapses in our history.

Not exact matches

Canadians increasingly becoming entrepreneurs and small business owners By Matt Lundy October 03, 2012 Following the worst financial collapse since the Great Depression, an increasing number of Canadians have taken control of their earning potential and become their own bosses.

The financial collapse of 2008 - 2009 did enormous damage to millions of lives, and left a great many people with a deep sadness, a feeling of alienation, and a deep and persistent sense that the system is somehow rigged.

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

One of Genworth Financial's main business lines is mortgage insurance, so you can guess that the recent real estate collapse wasn't exactly great for their bottom line.

Moreover, CBO's latest baseline assumptions predict earnings to grow faster for high - income earners than for others in the next decade, [32] suggesting that the Great Recession and financial crisis may have had only a temporary impact on the rising trend of income gains at the top, much as the impact of the dot - com collapse in the early 2000s was only temporary.

With regard to recent performance, which has been positive but modest since the market peak last year, the main factor that has kept our returns relatively restrained despite the collapse of financials has been the simultaneous collapse of technology and consumer stocks, with cyclicals and commodities providing the greatest support to the major indices.

This is the same Jamie Dimon who didn't need a cash infusion when Hank Paulson summoned chief executives of the nine largest U.S. banks to the Treasury in October 2008, handed them an agreement to sell shares to the U.S. government and told them to sign it; the same Jamie Dimon who managed to steer JPMorgan through the worst financial crisis since the Great Depression and remain profitable; the same Jamie Dimon whom the government tapped to buy Bear Stearns Cos. to prevent potential fallout from its collapse; the same Jamie Dimon who was held up as amodel for how a bank should be run.

In surging, gold blurted out the Deep State Central Planners» strategy for dealing with the Great Financial Crisis: the hyperinflation of bond, equities and real estate prices via the hyperinflation of both official and totally clandestine, off - the - books money supply, in order to create the hyperinflation of tax revenues desperately required by the government to forestall its fiscal collapse.

The banking crisis and economic collapse in 2008 was the largest financial disaster in the United States since the Great Depression.

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?

In recent years, with the financial collapse and lack of liquidity in the system, many muni bond investments sold off, opening up great opportunities for investors.

Since the start of this decade the rate of growth of what was perceived to be low risk assets at many banks, was significantly higher than the rate of growth of capital, a trend that played a great part in the collapse of many financial institutions.

The financial institutions overreached in their gambling and the greatest bubble the world has seen has now collapsed.

Because of the collapse of the financial markets in the Great Recession, cities and counties have been billed increasing amounts in the last few years to keep the New York State Pension Fund healthy.

UPDATE: A Gillibrand spokesman quipped: «David Malpass left one of the greatest disasters in recent memory on the cutting room floor: The financial collapse that he helped cause as Chief Global Economist for Bear Stearns.»

The largest collapse of financial institutions since the Great Depression ricochets across the globe, as investors, politicians, and homeowners scramble to make ends meet over expanding chasms of debt.

Really brutal bear markets like the biggest one in the Great Depression were so brutal that there is nothing to compare it to — financial leverage collapsed that had been encouraged by government policy, the Fed, and a speculative mania among greedy people.

I've kept them not for investment purposes but for unforeseen financial catastrophes, real great disasters like national default on debts or total government collapse in Washington.

Conversely, some of the greatest financial follies have also occurred in the hedge fund industry, whether it be the collapse of Long Term Capital Management or the Ponzi - scheme fallout of Bernie Madoff's Ascot Partners.

Written By: Cal Burgess, Retirement Servicing Group PLLC Prior to 1980, there had not been a major financial collapse in the market since the Great Depression.

However, the interconnectedness of stock markets and financial systems around the world is now so great that, were such a no - return crash to occur, it would probably be accompanied by the total collapse of the whole economic system.

The government's actions to avoid financial collapse last fall — as distasteful and unfair as some undoubtedly were — were unfortunately necessary to prevent a global economic catastrophe that could have rivaled the Great Depression in length and severity, with profound consequences for our economy and society.

Think financial collapses that economists didn't predict, think lengths of wars, Lebenon, The Great War, which those in the know predicted would be over quickly.

Thai turbine - terrorists, RATCH have also reacted with crazed panic; and have put everything up for grabs — clearly hoping to get out of a brewing financial collapse by way of the «greater fool theory ``, that vendors of toxic assets rely on when they're looking to ditch them in a hurry.

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.

I do know a fair amount about credit scores and theoretically, IF someone with otherwise great or good credit somehow had their financial world collapse on them and they filed for bankruptcy or were foreclosed on, I suppose that would fit your idea of someone with one big screw up on their credit that disqualifies them, at least temporarily from buying a home.