«This agreement is conditional upon the inspection of the property of the purchaser's choice and expense, and receipt of a report satisfactory to him, in his sole and absolute discretion within ten
banking days failing which this agreement becomes null and void»
Not exact matches
With
banks refusing in recent
days to accept the latest restructuring plan, May's senior ministers met around the clock, under pressure from the Labour Party and unions not to use taxpayer money to prop up the
failing company.
McCaughey spent most of his tenure reducing risk at CIBC, starting on his second
day as CEO when the
bank disclosed a $ 2.4 - billion settlement tied to
failed energy trading firm Enron Corp..
«Look at any of the headlines these
days and it's clear that traditional US
banks continue to
fail millions of Americans with adversarial practices and opaque fee structures,» said Chris Britt, CEO and Founder of Chime.
In October, stocks fell below their worst levels of 1929 and when the
Bank of New York
failed, the Dow lost 16 % in 12 trading
days.
What most of us
fail to remember today is that in those
days, even putting money in the
bank was a risky endeavor.
After issuing the interim orders, the court also issued 14
days to Sterling
Bank and any other interested party to appear and prove the legitimacy of the monies,
failing which the funds would be permanently forfeited to the Federal Government.
Klein's bill calls for expanding the zombie - properties registry to include
bank - owned properties, and penalties of $ 500 per
day for
failing to maintain a property post-foreclosure.
I believe you are
banking on the last 8 years to see you through to infinity, and you
fail to see that you barely squeaked one through less than 100
days after President Obama was elected.
A recent attempt by Conservative MP Peter Bone to rename the August
bank holiday «Margaret Thatcher
Day» also
failed after MPs rejected it at second reading.
The new law threatens
banks with civil penalties up to $ 500 a
day for
failing to maintain residential properties once they're aware of vacancies.
Herzfeld, whose career somehow lived to fight another
day after his 1983 debut feature, «Two of a Kind» — a spectacular Hollywood turkey that imagined John Travolta and Olivia Newton - John as a
failed inventor and
bank teller chosen by the angels to restore God's faith in mankind — is a master of unintentional kitsch, and most of his latest plays out like a Mel Brooks or Zucker Brothers parody movie minus the actual jokes.
Yesterday (July 16, 2015), after a seven
day trial, Superior Court Judge Andrew P.
Banks issued his decision awarding the parents and children who wished to convert their
failing public school Palm Lane Elementary into a public charter school under the Parent Empowerment Act (also known as the Parent Trigger Law).
If a
bank fails, the acquiring
bank either honors the terms of the CD, or the CD is liquidated and you receive your principal and interest (interest is paid to the
day of failure), usually very quickly.
That way the only risk you're opening yourself up to is if the
bank fails you miss out on interest for a few
days.
If a member
bank does
fail, however, the FDIC stands ready to reimburse depositors, usually within 10
days after the
bank closes.
We have an FDIC that used to compete with private
bank insurance funds (see the opening chapters of Kathleen
Day's S&L Hell for a description of the private Maryland S&L insurance fund that
failed).
Remember back in 2008 when
banks where
failing almost every
day, credit card companies were shrinking their overall debts and closing accounts like mad?
These
days, the «too big to
fail»
banks have less competition than ever, they get their raw material — cash from depositors — nearly free, and they have never had more ways to make vast amounts of money.
Bankers would introduce excess
bank money, then deliberately cut it back on it one
day, watch prices plummet as businesses
failed, then buy distressed assets cheaply.
A total of # 2.6 bn in fines were imposed on several
banks this week for
failing to stop the alleged manipulation of the US$ 5.3 tn per
day foreign exchange market.
After trying to find a merger partner and
failing, the remaining partners must have found the last
days to have been crushing — working like crazy only to find they are a
day older and still deeply in debt to the
bank.