Sentences with phrase «bank collapse»

The worst financial crisis in a century, an international banking collapse and global recession: it is enough to make a publisher cry all the way to the bank.

This is why we don't face a Japanese - style bank collapse.

That's why you see a lot of speculative bank collapse but rarely see conservative agriculture bank close shop.

The company has been buying and passing on worthless packages of mortgages, and it is on the brink of the biggest bank collapse of all time.

Therefore in the wake of banks collapsing under the Akufo - Addo government, he said it was reckless that the government would literally borrow dry the two public banks just to fulfill ambitious campaign promises.

«When banks collapse, it costs a lot to bail them out, and that money usually comes from the public, from taxpayers» explains IIASA researcher Stefan Thurner, who coauthored the study with IIASA researcher Sebastian Poledna.

Former Co-operative Bank chairman Paul Flowers was a Methodist minister when the U.K. bank collapsed in 2013.

Fewer than two years later, both investment banks collapsed and their stocks became virtually worthless.

In 1837, a bunch of small banks collapsed, paving the way for «big» banks to gain traction.

The measures launched this afternoon by Bank of England chief Mark Carney are in fact strikingly similar in scope to those launched in 2008 as banks collapsed on both sides of the Atlantic, if not in scale.

For full details of what happened when Icesave went bust, please read the Icelandic Bank Collapse Info

As I tuned in to CNBC this week and watched the play - by - play of the Lehman Brothers bank collapse, Merrill Lynch being swallowed up by Bank of America, and AIG rescue, I found myself thinking about the millions of Americans who are confused about what all the brouhaha on Wall Street means to them.

Three years ago, Iceland suffered a catastrophic banking collapse.

Recently, Britain's House of Lords studied IFRS's role during the financial crisis, which saw prominent banks collapse.

So, you can have several mid-sized or smaller banks collapse at the same time and added together they become a real threat.

It is no secret that German chancellor Merkel is praying for a Sarkozy victory, and even if she makes an effort to get on with Hollande, the judgment of the markets on any new French fiscal policy may leave Paris and Berlin facing a massive banking collapse within weeks (and I am surprised that this is not already looming).

Based on the book Le Capital by Stéphane Osmont, and written by Costa - Gavras, Jean - Claude Grumberg and Karim Boukercha, when the CEO of France's Phenix Bank collapses on the golf course, Machiavellian young executive Marc Tourneuil (Gad Elmaleh) is crowned as his replacement.

Otherwise, you're trying to protect yourself against some outlying risk of a US banking collapse, while subjecting yourself to a very real currency exchange risk.

Worse still, predicting bank collapse could hasten or even cause a collapse by creating a bank run where it wouldn't have happened otherwise (many say this happened to Northern Rock).

2) If the ratio of the Deposit Guarantee Directive is that it only comes into play when a single bank collapses and not in the event of a systemic crisis, why is it not clearly stated in its recitals?

Watching the Federal Deposit Insurance Corp. step in after high - flying banks collapsed during the Great Recession reminds us that the bill still falls on the taxpayer when the federal government doesn't guarantee the mortgage loans.

He will inherit cases including Tuesday's civil fraud lawsuit against accounting firm Ernst & Young over allegations that it helped to hide Lehman Brothers Holdings Inc's financial problems before the investment bank collapsed.

Though fearful of bank collapse, they save aggressively, spend frugally, and keep as much as possible in bank deposits.

Adapted from Michael Lewis's bestselling book The Big Short: Inside the Doomsday Machine, Adam McKay's stylized comedic take on the international banking collapse of 2007 - 08 nerds up Steve Carell, Ryan Gosling, Brad Pitt and an Oscar - baiting Christian Bale as real - life money - managing eccentrics who, independently, come to realize a market based on subprime loans is going to tank.

This didn't just happened with UK - owned Northern Rock and Bradford & Bingley, but also with Iceland - owned (but UK - regulated) Kaupthing Edge (see more on the Icelandic Bank Collapse).

The political traction wasn't there, but the banking collapse provides a new incentive.

He owed roughly US$ 200,000 on his Reykjavik apartment before the banks collapsed; three years later, he's on the hook for $ 250,000.

Median incomes will have grown by just 9.7 % in the 14 years since the 2008 crisis, according to IFS projections, which is almost a fifth lower than the long term trend suggests would have been the case if the banking collapse had never happened.

Fears of a bank collapse — the so - called Lehman Brothers moment, when one financial institution's failure threatens the stability of the entire system — have subsided.

In the wake of the global financial crisis, Fortress bought bad loans in Italy and has a track record in Japan, where it bought hotels held by Lehman Brothers after the bank collapsed in 2008.

How the bank collapse ruined for many of their friends the early out of university years.

Most notable were the positive ratings given to mortgage - backed securities prior to the 2008 banking collapse.

What if investors panic, sell their 401k mutual funds, pull money out of the market, and the price of your bank collapses to, say, 8x earnings?

Accordingly, the bank collapses.

When the banks collapsed a few years back, everyone suddenly realized, people working in their own best interest (Rand's core philosophy) will destroy with impunity then run for the hills while the economy burns.

With the increased trust of consumers in building societies and credit unions after the banking collapse, it seems there is a public appetite for the co-operative alternative and a belief that it is possible to combine social justice and economic efficiency within the firm.

«If a bank collapses, should the taxpayer pay [for it]?»

The Nikkei 225 also fell nine per cent last night - its biggest one day fall since 1987 - as a result of fears of a banking collapse.

The British public knows that the country is in financial diffi culty but equally people regard many problems like the banking collapse as being outside the government's control.

Mr Miliband, a former adviser to Prime Minister Gordon Brown when he was at the Treasury, said the banking collapse of 2008 would come to be seen as an «historical moment».

With flagrant disregard for Government warnings to cut such payments in the wake of the banking collapse, top earners are continuing to pay themselves bigger and bigger bonuses.

He cited the banking collapse and recession, together with the effect of the coalition's deficit reduction agenda, as reasons for stagnant growth in the last nine months.

Chancellor George Osborne said in September: «This commission has tackled that big question that we face in Britain, which is how can we be a home to successful banks that compete around the world, but lend to British families and British businesses, but at the same time protecting us as taxpayers from the cost of them going wrong, and not ending up with a multi-billion pound bill when the bank collapses.»

When the bank collapsed, the Icelandic government passed an emergency law splitting it into a good bank (with assets) and a bad bank (with liabilities).

«If a bank collapses the day after a BBC economics reporter reports that it is in trouble, that is because the bank is in trouble, not because of the report.

If any single person helped to promote the free - market greed and irresponsibility that led to the banking collapse, one might well say that person was Greenspan.

In turn, Gillibrand spokesperson assailed Malpass for his role as the chief economist at Bear Stearns when the investment bank collapsed.