Sentences with phrase «bailing out bank bondholders»

Dr. John Hussman reports that the money simply went to bailing out bank bondholders.

Not exact matches

As Paulson, Geithner and the Federal Reserve chairman, Ben Bernanke, raced to bail out banks and companies like A.I.G., Bair resisted, fearing that they were being overly generous by putting the interests of bondholders over those of taxpayers.

Geithner and Obama lobbied the IMF and ECB shamelessly to bail out Greece, simply so that it could pay bondholders, because U.S. banks had issued credit default insurance (CDS) against Greek bonds and were on the hook for a big loss if a default occurred.

The real purpose of this regulatory rewrite is to make sure that the government can bail out the banks» bondholders and even bail out the stockholders as well as the banks themselves.

By «clean exit» the EU means that Greece must sell off enough of its assets to pay the ECB for the money it used to bail out bad loans of French and German banks and bondholders who financed tax evasion and capital flight to Switzerland and elsewhere for over 25 years.

Also, US President Obama and Treasury Secretary Geithner also told Angela Merkel that US banks had made big bets — derivative gambles — that Greece would pay its bondholders, and threatened to hurt European banks if they did not pressure the IMF to bail out Greece.