Just to add that a train wreck at UBS would be the responsibility of the Swiss, not the Americans — have the Swiss ever
bailed out a bank with public funds before?
Let each EU nation rather take a step back and ask, «What is cheaper in the long - run, bailing out Greece, or
bailing out my banks with Greece exposure?»
Not exact matches
Just as critically,
banks were on the verge of collapse, and were
bailed out with billions of dollars in taxpayer money.
The government stopped short, however, of
bailing out the company as it did
with major
banks during the 2007 - 09 financial crisis.
Together
with the European commission and the European Central
Bank, the IMF forms the troika that
bailed out Greece in 2010 and 2012 and is responsible for monitoring whether Athens is keeping to its side of the cash - for - reforms bargain.
Britain's
banks could cope
with a «disorderly» Brexit without needing to curb lending or be
bailed out by taxpayers, the
Bank of England said Tuesday, after an annual health check on lenders.
The debt deal, which came on Friday after about 19 similar summits since the start of the debt crisis (
with few results), called for countries that use the euro to allows two European bailout funds to aid European
banks directly, rather than make loans to governments to
bail out the
banks.
Huge national
banks shuttered, bankrupt, corporations that employed thousands wiped
out, TBTF reinsurers
bailed out with taxpayer money, amazingly flawed misallocation of resources financing pipedream «Green Energy» companies
with no product, and no market even if they did have a product, etc..
The guiding mentality of Tony Blair - style «New Labour» policy is economic loyalty to Europe's financial centers as government spending is slashed, public infrastructure privatized and
banks bailed out with «taxpayer» burdens that fall mainly on labor.
However, it is clearly the case that the major Canadian
banks are all «too big to fail», and if any were threatened
with insolvency, they would be
bailed out by the government in short order.
When Eurozone Finance Ministers met on November 9th in Brussels, they were set to discuss a release of
bail -
out money in exchange for the latest reform package from Athens along
with EU fiscal policy and the
banking union.
Now, governments aren't allowed to step in and
bail them
out, and I think that wounding down a big
bank is absolutely politically toxic for any leader so faced
with that choice, most leaders would just break the rules and completely undermine the
banking union and that in itself could spark off
bank runs as well.
He credits the Fed
with seeking to «create jobs,» not mainly to
bail out banks that hold mortgages on properties in negative equity.
so you have a bunch of fake Christians
with a non profit / no tax paying cathedral going bankrupt, and another bunch of pagan laced above the law non tax paying ped protecting catholics buying a cathedral (notice i did nt say Christian), from a
bailed out by taxpayers
bank....
sorry this is a bit of the subject does anyone know what the situation
with our overall debt is at the moment and what our repayments are i was under the impression that we are at about the # 245 million mark gross debt and about # 97 net debt are the stadium repayments lower now or something is the bonds interest dropped lower inprice we were paying something like # 20 - # 30 million in repayments but heard its down to about # 15 million per yr now i know we will have broken throught the # 300 million mark in revenue now i am guessing that contributes more to the transfer funds or if not what makes up the transfer funds in the club i.e deals or match day revenue plus cash in the
bank which stands at a high level but must be just in case we might default on a payment we need heavy cash in hand to
bail us
out this side of the club really intrigues me as it is not a much talked about subject unless you are into that type of area of work or care about the general fianacial outcome of the club does anyone have more insight into our finances would be great to hear from anyone about this matter cheers gonerwineverything (because we are)
The second part of the agreement involves a common resolution scheme whereby when any eurozone
bank gets into trouble the scheme will decide whether to
bail out the
bank or let it go bust,
with all eurozone governments jointly bearing the cost of the bailout.
Amazing that a
bank with as small balance as theirs would be willing to risk $ 3 million in loans to an organization that has no way of raising this much money back short of Cuomo
bailing them
out.
Speaking on the sector's Financial Services Compensation Scheme bill from the
bail out of Bradford and Bingley and the Icelandic
banks, he said «what is notable... is that there has been no requirement for any government bailout of the building society sector; rather difficulties have been dealt
with within the sector.
As well as having their pay frozen
with inflation above 5 %, public sector workers face their pensions being raided to help pay off the budget deficit caused by the recession and the
bank bail -
out.
Despite entering the crisis
with a low level of public debt — roughly 40 % of GDP — and a moderate deficit compared to many European nations, the UK's ability to take discretionary fiscal action was limited by the burden of
bank bail -
outs on public finances.
But # Sterling's recovery is a reflection of the dismal weekness of the EuroZone headed for yet another crisis
with Greek Debt and Italian
Banks pushing for
bail -
outs an dimperilling Deutsche
Bank.
They then come up
with another bizarre statement, that «government is on trial as well as the markets» when everyone actually knows there is a need for restoring a strong positive role for government which alone was able to
bail out the
banks and prevent a global economic crash as well as alone having the capacity to deal
with soaring energy bills and transport fares, tackle climate change, and counter the bonus greed and tax avoidance of the super-rich.
Disingenuously, Darling came up
with the figure only by excluding the money needed to
bail out the
banks.
Bahrani showcases the greed involved in the real estate deals that leave homeowners taking the big losses, while
banks and foreclosure agencies reap big financial rewards,
with the deck firmly stacked in favor of
bailing out the wealthy over the needy in desperate times.
Although Mike (Jonathan
Banks) agreed to join the operation more
out of an attempt to help keep Jesse (Aaron Paul) safe, he quickly grew frustrated and tried to
bail out, only to end up in a terminal tussle
with Walt.
But if the European Central
Bank significantly loosens the currency to
bail out these countries, it will create serious inflation problems in countries like Germany and others
with more skilled labor forces and reasonable deficits.
He finds it hypocritical «that politicians want to
bail out failing
banks and faulty mortgages, but punish schools
with low test scores.»
Another taxpayer
bail -
out like we had
with the
banks?
What if, as James Patterson has campaigned for, they succeed in convincing the government that Amazon is being predatory, that traditional publishing is necessary, and the government starts protecting and
bailing out big publishing like they did
with the auto and
banking industry and putting sanctions on Amazon?
From Michael Sesit at Bloomberg, there are four things for the central
banks to do in order to avert the crises: The world's major central
banks face four challenges as they strive to prevent the global financial system from unraveling and growth from stagnating: Acting in a concerted manner; improving transparency; deciding who gets
bailed out and who doesn't; and making sure whatever monetary medicine is administered doesn't come
with destabilizing side effects.
As the government continues to
bail out the
banks, the Lead Planet believes that small lenders and mom and pop brokers deserve some assistance as well so we are offering 50 free purchase leads
with all 100 lead orders from new accounts.
If
banks and companies that make millions can be
bailed out with tax payer money, then the people paying those taxes should be able to be
bailed out until things get ironed
out.
Personally I don't know how these
banks get away
with raping the people who
bailed them
out.
I find it absolutely disgusting that we have loans at 6.8 %, yet
banks and auto companies are getting
bailed out with taxpayers dollars
with a.75 % interest rate.
In these unpredictable economic times, the
banks are getting
bail out money by the billions but there is no new law to help individuals
with any bailout money.
You could end up
with a lot of nations in default, and shut
out of the bond markets (the PIIGS), while the rest do seemingly fine, as they quietly
bail out their
banks.
ETF for India, China, Vietnam, etc.)-- Vanguard is good; I am in process of replacing the TD eFunds
with Vanguard ETFs (I should have done it much earlier but they were under in my RRSP, it should have not mattered, the corresponding ETFs were low too)-- Big companies are good (McDonalds, Starbucks, Pfizer, WM) until they are not so perhaps I should get rid of them and buy more Vanguard ETFs — Buying distressed companies could be a winning proposition but have I very mixed results so better not (BP and Transocean bought after the oil spill, Nortel, BlackBerry, and Nokia — BP and NOKIA good, Transocean under not much, but under, BB very, very bad, and Nortel no comments)-- Berkshire is very good as it is a kind of ETF but what would happen after Warren Buffett (who would have thought AIG would need to be
bailed out and the shareholders wiped
out in the process or other cases where individuals brought companies down for example Barings the oldest
bank in England)
«If this allegation by the ICC prosecutor is accurate, it appears that a UK high street
bank bailed out by the government is holding billions controlled by an indicted war criminal, or at the very least would be able to help trace any funds» said Robert Palmer, a campaigner
with Global Witness.
Bank of America (BAC), Wells Fargo (WFC), JPMorgan Chase (JPM), and Goldman Sachs (GS) were
bailed out for $ 105 billion in total, which they have fully returned
with $ 10 billion in collective profit for the government.
It would be interesting today to ask the public in the US after the Madoff Scandal, the
bank bail -
out coupled
with banker bonuses, whether they trust Exxon - Mobil and Peabody COal more or less than they trust Goldman Sachs.
WITH NO QUESTIONS ASKED!!!! The
Banks and Wall Street Sharks did a lot of rotten things to get their selves in that place, and they get
bailed out, no questions?!!!! But, what GM is asking for a Bridge Loan.
When she stops
with the agreements to support
bail -
outs for Greece, Italy, Portugal, Ireland, and now Spain, which has just asked for same, all by the way being Socialist governanced polities which have bribed their voters for over forty years
with financial favours for votes,
with their own money, except Germany, then the domino effect begins re runs on
banks,
bank failures, double - digit unemployment everywhere, recession morphing into depression across the zone.
This trend increased at a more rapid rate since the 2008 global financial crisis
with major governments of the world resorting to printing huge sums of money to pay national debts and also
bail out banks.