Economic growth remains the central bank's priority and it doesn't intend to let theoretical worries
about financial crises get in its way.
She worked on a range of projects including CNBC's Emmy - nominated Special Report
about the financial crisis, Boom, Bust, Blame: The Inside Story of America's Economic Crisis; CNBC's Marijuana & Money Special Report; and America's Top States for Business.
Overall, millennials had the most regret
about the financial crisis.
Probably at least 70 percent of economists didn't have a clue
about the financial crisis occurring either.
Bloomberg TV Exclusive: Citigroup CEO Vikram Pandit spoke
about the financial crisis and the outlook for the bank and Citi Holdings division at the Securities Industry and Financial Markets Association's annual meeting in New York.
«Otherwise we wouldn't be here today... More people know
about the financial crisis in Greece than they know about the economic pressures on Puerto Rico.»
And his columns for Slate, especially
about the financial crisis and the federal bailout, were smart and fiery plutocrat - populist reminders of what had made Spitzer so good as state attorney general.
In an hour and a half I learned more about the reasons and the consequences of bankers» actions that brought
about the financial crisis, than I have from months of coverage in newspapers and television.
A great cast and really solid direction, help this film
about the financial crisis take off.
Watch a clip from «Margin Call,» a new drama
about the financial crisis starring Kevin Spacey, Jeremy Irons, and Demi Moore.
It's funny, gripping and the story is told really well, plus learn a lot
about the financial crisis, in a not at all boring and really easy to understand way!
Chandor's previous film, Margin Call,
about the financial crisis of 2008, was all talk (in a good way), filled with sharp and witty dialogue and a cast of vivid characters.
Run out and grab a copy now, and you'll see why I am eagerly checking the mail for my ARC of this fall release, which claims to be the «funniest novel ever written
about the financial crisis.»
This is the way the book is designed: the first half of the book talks
about the financial crisis, and the second half talks about six different themes that the author thinks are promising:
When I talk to people
about the financial crisis of 2008 in regards to the out of control leveraging that many of the country's largest banks partook in, most consumers look at me with a confused look.
What do you remember
about the financial crisis in 2008?
As far as I can tell, especially given recent revelations
about the financial crisis, the standards of business ethics are considerably lower than those of science.
The Occupy Wall Street movement, in a really big way, blew open the lid concealing the powerful forces that were spreading nonsense
about the financial crisis.
Perhaps they'll act compassionate
about your financial crisis and offer to make a fast settlement so you can get money in hand.
Not exact matches
It might be the most optimistic story
about Wall Street published since the end of the
financial crisis.
A
financial crisis was
about to hit, and millions of Americans would soon become desperate for cash.
Indeed, little of substance
about our vast, interconnected, highly leveraged, nontransparent, global
financial system has changed since the
crisis (see «Are We Ready for the Next Meltdown?
The IMF predicts the global economy will expand 3.5 % in 2015 —
about the same as last year, but dramatically slower than the 5 % rates that preceded the
financial crisis.
Constituent companies are chosen based on their score on two sets of measures: a quantitative assessment consisting of their return on equity, balance sheet accruals ratio and
financial leverage ratio; and a qualitative score derived from management's responses to a survey
about such topics as corporate governance, risk and
crisis management, customer relationships and tax strategies.
As a result, since 1990, only
about 1 million HECMs have been issued, according to the Department of Housing and Urban Development, with almost half of those originating between 2007 and 2011, when the
financial crisis hammered Americans» retirement savings.
This era of
financial crises, repeated terrorist attacks, extreme income inequality and hyper - partisanship provides little reason to feel good
about the future.
The eurozone's recovery from the sovereign debt
crisis has been
about improving situations in the economic bloc's peripheral economies like Italy and Portugal, and this new batch of uncertainty in Portugal's
financial sector is not sitting well with investors.
But the
crises have started affecting its
financial performance because of concerns it will result in heightened regulations, and CBA shares are down
about 7 percent so far this year while the broader market is up.
Poloz said they can explain
about half the miss through the combination of weaker U.S. demand and the general slowing of global trade since the
financial crisis.
The global
financial crisis initially slammed the brakes on the nation's economic expansion, wiping out
about 20 million export - related jobs — this in a country where anything under 8 % growth is generally considered to be too slow for social comfort.
The original Mifid arrived in November 2007, just as the dam of the
financial crisis was
about to break wide open.
In part two, Kim talks
about how her firm lost $ 30 million overnight during the Asian
financial crisis in 1997.
In part two, Sung - Joo Kim talks
about how she was forced to sell the rights to exclusively distribute Gucci during the Asian
financial crisis in 1997, when her firm lost $ 30 million overnight.
The Fed must be «extraordinarily patient»
about reducing monetary policy accommodation, he said, so the job market can return to the strength it had in 2006, before the
financial crisis hit.
Here's the full interview, courtesy of The Bottom Line with Henry Blodget, with more from Rickards
about what to expect from the next
financial crisis — which could be here before you know it, and before the Fed is prepared:
Such skepticism
about the Fed's plans to end policy calibrated to fight a
financial crisis and recession forces officials to perform a difficult balancing act.
Five years ago, she was poached from Goldman Sachs — where she made her name convincing a number of large pension funds to hedge in the run up to the
financial crisis — by Bank of America to run a first of its kind on Wall Street cross-asset, cross-industry structured - strategies group («It's
about solutions, not products,» she says).
Likewise, the president - elect has been very vocal
about wanting to «dismantle» the Dodd - Frank law and Volcker Rule, two pieces of banking regulation passed in the wake of the
financial crisis.
The PCAOB's Investors Advisory Group supports mandatory audit firm rotation because of concerns
about the «coziness» that exists between audit firms and management, noting that «[m] any of the auditors of the large companies involved in the
financial crisis... had long running audit relationships.»
Oil is currently trading at
about US$ 45 / bbl, which in current dollars puts it below where it was at the end of 2008, back when global markets were still in the thick of the
financial crisis.
But the SEC never prosecuted the worst offenders in the 2008
financial crisis — and it even failed to pursue Bernie Madoff, despite the fact that it had been tipped off
about his scam long before he confessed.
Policymakers are fixated on the debt ratio in part because it was at above 160 per cent that households in the United States and Britain ran into trouble
about five years ago, contributing to defaults and the
financial crisis that triggered the 2008 - 09 recession.
Bank of America investors accused executives of not being open
about the
financial condition of advisory firm Merrill Lynch when the bank proposed buying it during the height of the U.S.
financial crisis.
Think
about it; if you were unlucky enough to buy into the stock market at the peak in 2008, just before the
financial crisis hit full force, your gains (excluding dividends) wouldn't buy you much more than two loaves of price - fixed bread at Loblaws and a bag of President's Choice sour grapes.
Interestingly, in the
financial crisis that went down from
about 390 to 365.
When asked
about contagion effects from the decline in oil prices, Yellen said that «leverage in the
financial system in general is way down» from levels before the
crisis, and said it isn't a «major» concern that some entities would be effected by the decline in oil prices.
«Ten years past the
financial crisis and we could see a period where, instead of talking
about «secular stagnation» as our mutual friend Larry Summers likes to do, we're going to be seeing growth upgrades that we haven't seen, we're going to see investment like we haven't seen and we might see inflation in a way we haven't seen,» Rogoff said.
Concern
about the makeup of boards was heightened by the
financial crisis, which exposed a lack of scrutiny by overwhelmingly male non-executives from similar backgrounds to the managers they were meant to oversee.
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 Posit
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 Posit
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
The Big Short, the film adaptation of Michael Lewis» book of the same name
about the causes of the
financial crisis, opens in UK cinemas this weekend.