Sentences with phrase «bailout plan»

A "bailout plan" is a strategy or action taken by a government or organization to help save or support a company or financial institution that is in serious trouble or facing financial failure. It usually involves providing financial assistance or funds to prevent the collapse of the company and to avoid negative consequences for the economy or the public. Full definition
The proposed bailout plan for troubled Cypriot banks would impose losses of up to 40 % on the largest depositors.
Only a week before, Wachovia and Washington Mutual were «saved» in forced acquisitions and the first attempt at a financial bailout plan failed in a House vote.
Markets have been gripped by uncertainty since Greece's prime minister unexpectedly announced Monday that he would call a national vote on the European bailout plan that entails painful tax increases and drastic welfare cuts in exchange for massive aid to keep his debt - ridden nation solvent.
As an example of the kind of direct engagement he's prescribing, Barger said that his staff had stayed on Twitter until midnight on the day that the auto bailout plan hit the press, engaging both journalists and citizens online.
So we the taxpayers are going to eat a ton of bank losses that should instead be borne first by stockholders and bondholders This program should be labeled the Pimco bailout plan, since the giant bond fund holds a lot of bank debt.
At noon, members of the Stop The Cuomo Tax campaign protest what they describe as the governor's «Trump - like nuclear bailout plan,» 633 3rd Ave., Manhattan.
This year, the major concerns have centered on falling commodity prices, a third bailout plan for Greece, and the meltdown in Chinese stock prices.
Despite a last - minute wrangle over pensions, Greece is likely to get the next chunk of the money due under its current bailout plan.
Mr. Paulson's bailout plan reflects a state of denial with regard to this dynamic.
Syracuse Common Councilor Jean Kessner was one of many local officials in Albany lobbying against the nuclear plant bailout plan.
Gov. Andrew Cuomo is pushing a $ 7.6 billion corporate bailout plan and is forcing New York residents and businesses to pay for it.
With the whole bailout plan unfolding from Pres. Bush's lips today, I hope that the murkiness in our nation's financial picture soon dissipates and we'll move from «uncertain» to something more clearcut, whatever plans the «powers that be» decide to undertake.
What then, to make of the humongous bailout plan proposed by the Eurozone, and aid proffered by the ECB?
You know that on a morning like this — with futures way down, and Hank Paulson humiliated by the market's Bronx cheer in response to his GSE bailout plan — Ben's instinct would be to pop the market with a surprise rate cut.
Back in October, I posted about how Simpson Thacher & Bartlett, the law firm selected in a competitive solicitation to advise the Treasury Department on the $ 700 billion bailout plan after four of six firms declined to participate, had capped its fee for services at $ 300,000.
Many in Germany still support the idea that keeping Greece in the eurozone is important for the future of the European Union, and German lawmakers are expected to support the new bailout plan, agreed to by European leaders early Monday after a contentious weekend of negotiations, when it comes up for a vote in Berlin on Friday.
However, Maldonado's departure from the race could bolster the soon - to - be-announced campaign of Republican Neel Kashkari, a former Treasury Department official who managed the TARP financial bailout plan.
George W Bush is the biggest socialist in history with his bank bailout plan and his plan to «nationalize» banks.
«This program should be labeled the Pimco bailout plan, since the giant bond fund holds a lot of bank debt.»
In Portugal, voters rejected a bailout plan from the European Union that leaves its government without the means to raise money to pay for existing programs.
That said, the outpouring of support for parties that contest the terms of the bailout plan would likely lead to some renegotiation of the terms — extensions on aid repayments, for instance, or perhaps even some kind of stimulus funding from the European Union.
If the bailout plan is implemented correctly, then this could be the start of a true European banking union.
Just hours before the Greek parliament's crucial vote to push through fresh austerity measures required by the new bailout plan, the International Monetary Fund released a devastating assessment of the beleagured nation's finances.
The International Monetary Fund has warned that Greece will require far more generous debt relief than is currently on offer from its creditors, as MPs in Athens prepare for a crucial vote on Wednesday on a new bailout plan.
According to polls, most Greeks are opposed to the bailout plan, and there have been protests across the country against deepening austerity.
Head of the Eurogroup, Jean - Claude Juncker, said Greece will likely miss out on billions of euros of aid as a result of the scheduled referendum on the bailout plan.
According to polls, most Greeks are opposed to the bailout plan, and there have...
Englebright echoed criticisms that the bailout plan was announced with virtually no public input.
ALBANY — The state Senate last night voted to close the bankrupt New York City Off Tracking Betting Corp., narrowly refusing to approve a bailout plan that would have saved the jobs of 800 workers.
Remember: An added wrinkle for the MTA could be the loss of the so - called.34 percent payroll tax in the 12 - county MTA service region that was part of the 2009 bailout plan.
The government purchased large stakes in three banks last week as the Royal Bank of Scotland, Lloyds TSB and HBOS accepted public funding as part of the governments # 37 billion bailout plan.
The bailout plan presented by Governor Paterson today would have kept OTB from having to make regular dark day payments to tracks, created new revenue sources and established an early retirement provision for employees.
Ravitch, a Yale - educated lawyer, has a long history of running into flames and rescuing institutions: the Urban Development Corporation in the seventies, Bowery Savings Bank in the eighties, the Metropolitan Transportation Authority, both as chairman during Mario Cuomo's administration (they butted heads) and as the architect of the bailout plan approved by lawmakers in the spring.
And Englebright echoed criticisms that the bailout plan was announced with virtually no public input.
And Englebright echoed criticism's that the bailout plan was announced with virtually no public input.
During an interview with WOR's John Gambling, Paterson chided the Legislature for departing Albany yesterday without passing a bailout plan for the bankrupt city OTB.
The bailout plan is opposed several OTBs outside of the city as well as the group representing harness track horse owners, drivers and trainers.
Last year, a different OTB management team threatened closure unless the Legislature approved a bailout plan - only to back off when lawmakers refused to act.
Lawmakers in Illinois, where Exelon is based, rejected a financial bailout plan and the company has moved forward with closing reactors there.
- Bailout Plan — 31 % of both men and women agree that 15 minutes into the date is long enough to tell if there is chemistry.
I don't have much to say here (for now) because I have not seen the complaint yet, but I would say that American citizens are entitled to know the details of the bailout plans because they are a large part of the Federal budget, supported by our taxes.
When Bill Gross offered to do this for free, was he only discussing the TARP, or did it apply to all aspects of the bailout plan?
The Revised Troubled Asset Relief Plan Deserved to Pass: When the Treasury came out with its $ 750 bailout plan on September 22, I thought it lacked so many necessary ingredients that it deserved a thumbs down.
The bailout plan released yesterday is... better than the proposal Henry Paulson first put out — sufficiently so to be worth passing.
Let me state this plainly at the beginning of my piece, so that you know where I am going: I am asking all of my readers, and all of the financial bloggers that read me (whether here or at Seeking Alpha) to call their Congressmen, and ask them to oppose the Bailout Plan as currently structured.
One week ago, I posted Oppose The Treasury's Bailout Plan.
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