First, bank loans were overextended particularly in risky areas with inadequate supervision and regulation over
banks during the bubble period.
Not exact matches
The refusal to acknowledge the bad debts incurred by
banks during its property
bubble plunged Japan into its «lost decade» and ended talk about Japanese global domination.
David Golden, who ran investment
banking at Hambrecht & Quist
during the
bubble years, recalls one particular idiom that encapsulated the mayhem, «If you could fog a mirror, you could go public.»
This can be a real change — as seen in the
bubble economy of Japan in the 1980s when
banks were partially deregulated, or a paradigm shift — which took place
during the dot - com boom in the late 1990s and early 2000s.
If this is true, by the way, it means that attempts at implementing liberalizing reforms are successful mainly
during periods of great global liquidity, and this might have implications for China, especially if over the next few years global central
banks begin to withdraw the huge liquidity injections that have underpinned asset
bubbles around the world.
Advice: CNBC was criticized for its coverage of the dot com
bubble during the late 90's because it took more of a cheerleader role than as an objective news source.Now, the network is required to report whether analysts it has on its shows do
banking business with the stocks they're talking about.
The Federal Reserve is pumping liquidity and reserves into the financial system to reduce interest rates, ostensibly to enable
banks to «earn their way» out of negative equity resulting from the bad loans made
during the real estate
bubble.
The
bubble streams showed up on sonar scans of the sea floor taken between September 2011 and August 2013
during oceanographic expeditions ranging from Cape Hatteras in North Carolina to Georges
Bank off Cape Cod.
Essays discussing the absurd valuations at the height of the tech
bubble, and the miscalculations of investment
banks, the Federal Reserve, mortgage lenders and others
during the housing
bubble.
Traded
during the great Internet dot come era, when stocks would go up 5 - 14 points a day, eBay, QCOM, and TASR was a favorite, and also traded the Dot.com crash where all the over bloated stocks sank quickly, and the recent housing
bubble and market meltdown with the
banking crisis, I remember CFC sank from the mid 30's to the single digits.
During the property
bubble, the Irish
banks were relying too much on «wholesale funding» - loans from other
banks - to support their frantic lending.
Admitting that there are some similarities to the dot - com
bubble of the late 90s, he explains that the the cryptocurrency space is nevertheless «deeply contrarian,» because there are no Wall Street analysts, nor Wall Street
banks, that are pushing this technology, unlike
during the dot - com era.
«After a home equity credit binge
during the housing
bubble,
banks shut off the tap as home prices plummeted,» the Los Angeles Times reports.
(Reuters)- U.S. borrowers are increasingly missing payments on home equity lines of credit they took out
during the housing
bubble, a trend that could deal another blow to the country's biggest
banks.