At first the reason for them not investing was
because of the financial crisis, and afterwards it was because the markets were not there.
The three million affordable houses promised by Gordon Brown when he came to power need to be reassessed
because of the financial crisis, MPs said today.
Fears that the Tesla Roadster electric sports car had hit the skids
because of the financial crisis have been eased by its billionaire founder and chief executive, Elon Musk.
Now the true costs have come home to roost
because of the financial crisis.
Financial stocks saw their contribution to ROE drop
because of the financial crisis.
In many cases, a person struggling to pay credit card debt incurred that debt
because of a financial crisis.
There is a risk that
because of the financial crisis, people are going to say «yeah, the environment is not that urgent»; it is really urgent.»
VICTORIA — Allowing people to sue for pain and suffering in car accidents has been viewed as a fundamental principle in British Columbia, but that changed Tuesday when the government joined Canada's other provinces in limiting payouts to some crash victims
because of a financial crisis at the public insurance corporation.
Burch says that full integration — including an eventual sharing of profits, where possible — has always been the firm's intention from day one, but that progress was slowed
because of the financial crisis.
Because of the financial crisis and continuing economic woes throughout the U.S., Americans are moving from high - tax, high cost of living markets to lower cost regions.
Not exact matches
This is
because the Great Recession has rewritten the rules
of what can happen — and how central banks can respond — during
financial crises.
That's
because of the massive losses Citi suffered during the
financial crisis.
But the talks ultimately fell through, partly
because of jitters related to the
financial crisis.
«I had some clients whose retirements were saved
because of [variable annuity] contracts they purchased before the
financial crisis,» said Marc Ruiz, a
financial advisor with Oak Partners and a registered rep with SII Investments.
But the
crises have started affecting its
financial performance
because of concerns it will result in heightened regulations, and CBA shares are down about 7 percent so far this year while the broader market is up.
While he has steered very few
of his clients toward annuities recently,
because of low interest rates and higher prices since the
financial crisis, he thinks advisors who ignore all annuity offerings are failing their clients.
Some banks weren't able to lend for a while
because of TARP,» Geshwiler says, referring to the Troubled Asset Relief Program, the federal government's program for bailing out banks hit hard in the
financial crisis.
LONDON — One
of the Bank
of England's most senior policymakers has acknowledged that the central bank is unlikely to predict the next
financial crisis or even the next recession in the UK
because economic models are simply not good enough.
Now, there's not a central bank in the world that wants the gold standard, but they may have to go to it — not
because they want to, but
because they have to — in order to restore confidence in some sort
of future
financial crisis.
The PCAOB's Investors Advisory Group supports mandatory audit firm rotation
because of concerns about the «coziness» that exists between audit firms and management, noting that «[m] any
of the auditors
of the large companies involved in the
financial crisis... had long running audit relationships.»
EY's report concludes this emphasis on frugality is
because Gen Z have matured in the aftermath
of the
financial crisis and, having seen the recession's effect on their families, are more careful with their money.
The bank's researchers see wealth inequality as largely being a result
of the
financial crisis — it rose across the world between 2007 and 2016,
because financial assets were growing faster than non-
financial assets.
Even an intensifying
of the ongoing euro - area
financial crisis, which could occur, the bank says,
because there are signs Europeans are becoming weary
of austerity and reforms.
And despite America's spending habits, the greenback is still seen as a safe haven whenever
financial crises — including ones caused by Americans — hit
because most major countries want to maintain the value
of their national reserves, which include dollar - denominated assets.
The Lehman failure was significant
because it was the first time in the
crisis that losses were incurred by creditors
of a major
financial institution.
Our findings have important implications for how policymakers should respond to the next
financial crisis, which will inevitably occur at some point
because crises are an inherent part
of our
financial system.
The fashionable view at the Federal Reserve and elsewhere when Yellen took office in 2014 was that growth was slow despite very low interest rates
because of «headwinds» — transitory factors associated with the
financial crisis that would soon recede.
The government can control the speed
of defaults and avoid a
financial crisis because a lot
of lending and borrowing is done by state - owned banks and companies, she says.
This belief is so powerfully embedded in the standard equilibrium models most economists use that, strangely enough, even those
of us who described the imbalances in one paragraph and in the very next paragraph insisted that a
crisis was unlikely — in China's case
because of the government's very high credibility and its role as
financial guarantor — were automatically assumed to be predicting an imminent
crisis.
The Nobel Prize for these guys turned out to be pretty much
of a Booby Prize
because the models that were used have led to the biggest
financial crisis in history.
China won't succumb to a
financial crisis because of its debt.
It's a challenge for Canadians still struggling to cope with the record amounts
of consumer debt they amassed after the 2008
financial crisis because lenders use their prime rate as a benchmark for setting some other short - term rates including variable - rate mortgages and lines
of credit.
By contrast, India has lost 50 %
of its value [
of FX reserves] in years 2011 and 2012 as a result
of the
financial crisis and
because of bad
financial management.
Despite the fact that all the central banks have been woefully wrong about nearly every single forecast they have made on GDP growth, inflation and labor markets for decades, they enjoy an aura
of infallibility which would be the envy
of any medieval Pope
because they succeeded in doing what governments by themselves were unable to do in 2008 - 9, namely stop and reverse the
financial crisis.
It is important to note that the value
of real estate did not fall during the
financial crisis because it is a volatile (less stable) asset class.
It was a striking question
because Mr. Kohn is a former vice chairman
of the Fed and was Mr. Bernanke's right - hand man during the
financial crisis.
Because in 2007, there was a massive buildup
of household,
financial sector, and corporate leverage that all had to unwind during the
financial crisis.
However, that is not true
because the
financial crisis has no effect on some lines
of the business industry.
Because of the heavy borrowing that led to Greece's
financial crisis, running a budget surplus was one
of the conditions
of the European rescue program in 2010.
Canada sidestepped the worst
of the
financial crisis because it avoided the real estate excesses
of its U.S. neighbour, and a post-recession housing boom helped it recover more quickly than its Group
of Seven peers.
That's
because regulatory and compliance demands have grown in scope and complexity in the wake
of the
financial crisis.
This carries particular resonance today
because of how abnormally long the current market cycle has become: Despite the recent sell - off, the S&P 500 Index hasn't seen a bear market since the
financial crisis ended more than nine years ago.
«If a pastor suggests that the
financial crisis happened
because of a few greedy corporate titans and some Wall Street traders, that's a sure sign that he doesn't understand the
crisis,» he said.
ATTAC, for example, only exists
because a certain number
of people and «Le Monde Diplomatique» which was the initiator, said that, in the face
of the economic, political and
financial crisis, it was essential to take things in hand.
The Asian
financial crisis of 1998 happened
because the law ignored bankruptcy issues, which was caused by investors pulling out funds from inaccurate speculation.
Deluded manager plus greedy board has created a
crisis at arsenal with third rate players being paid first rate wages to keep them loyal and drugged up fans like yourself overdosing on 4th place high... True fans want change when they see the club going in wrong direction not a string
of drug crazed platitudes from tribal loyalists who are so deluded themselves that they actually believe the blame for the
crisis lies with the people who have been pointing to its causes... Do you think
financial crises only happen
because people start warning about overlevaraged banks, the speculative and fraudulent behaviour
of their overpaid employees and the indulgence
of their massively overpaid senior management... Pathetic comment
Because Labour happened to be in government when the
financial crash hit, the Tories were able to effectively blame the
crisis on the main point
of difference between the parties: Labour's higher spending on the welfare state.
Mr. Cohn - Bendit began the debate by characterizing the current climate as «a turning point in European history,
because the European Union is confronted with one
of its most serious
crises, caused by the
financial crisis».
Unfortunately, unlike Mrs Thatcher, the French are more hostile and anxious
of change than the British and the climate
of opinion,
because of the onslaught
of the
financial crisis and the
crisis of neo-liberal capitalism, was not with the French Right.
Steve Keen, along with Nouriel Rubini as a non neoliberal economist states, «The first thing that the global
financial crisis should therefore do to economics is to galvanise student protest about the lack
of debate within academic economics itself,
because dissident academic economists will be unable to shift the tuition
of economics themselves without massive pressure from the student body».