Sentences with phrase «before the financial crisis of»

Abrams, who had the misfortune of taking over just before the financial crisis of 2008 crushed the sales of anything relating to houses, earned praise for running the company leanly during trying times.

The requirements for establishing a trust are so extensive that we have created the first new trust in the state of New York since before the financial crisis of 2008.

Guaranteed income is a creature comfort that fixed - income investors had become accustomed to before the financial crisis of 2008.

Remember, some millennials graduated from college before the financial crisis of 2007, some during it, and some after it.

Before the financial crisis of late 2008, the yield used to be quite high at 37 cents per share.

BTN: Before the financial crisis of 2008, Half Moon was planning a major residential development, The Colony at Half Moon.

Once used to conceal a number of vacant commercial properties, these panels were used to mask the casualties of a failed investment made before the financial crisis of 2008.

The graph below shows that growth in business flights had started to flatline even before the financial crisis of 2008.

Not exact matches

Before the financial crisis, most every economy was doing well, albeit on a bubble of debt and inflated asset prices.

In the depths of the financial crisis in 2011, Brian Moynihan — who'd been the unexpected pick for CEO a year before — predicted that Bank of America would soon be earning well over $ 20 billion a year.

Real estate site Trulia said more than six percent of last year's home sales were flips — the most since before the financial crisis.

The terms and prices of variable annuities were much better before the financial crisis, but the rationale for a contract that guarantees an income stream while allowing for some participation in potential growth in the investment markets remains intact, according to Mark Cortazzo, senior partner at Macro Consulting Group.

«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.

The same criticisms of variable annuity contracts, however, were valid before the financial crisis — and those contracts nonetheless helped many people survive the 50 percent plunge in the stock market.

«Confidence» was the theme of Poloz's opening statement before the House of Commons Finance Committee, which identified a need to restore the faith of Canadians in pursuing business opportunities following the shake - up of the global financial crisis.

That would be the biggest ever buyback for Citi, surpassing a $ 15 billion buyback announced in 2005 before the financial crisis, according to Richard Peterson of S&P Global Market Intelligence.

This was a notable change from the panel's views in 2006 — before the financial crisis and recession — when more execs were in favour of loosening restrictions in the sector.

The study found employees had contributed 8.4 % of their salaries to their 401 (k) accounts, the highest rate since just before the financial crisis hit in 2008.

Virgin America, which took to the skies in 2007 just before the financial crisis, earned $ 10.2 million on revenue of $ 1.42 billion in 2013, its first ever profitable year.

Here's the full interview, courtesy of The Bottom Line with Henry Blodget, with more from Rickards about what to expect from the next financial crisis — which could be here before you know it, and before the Fed is prepared:

Like its list - mate Energy Future Holdings, Caesars Entertainment (CZR) was the target of one of the largest leveraged buyouts in history just months before the financial crisis struck.

Since the financial crisis (and arguably well before that), the central banks of developed countries have used draconian monetary measures as a means of staving off financial and economic collapse.

During the 2008 financial crisis, my book of business dropped to where it had been five years before.

The bank said it had agreed to settle the lawsuit with the U.S. Federal Housing Finance Agency (FHFA) after being accused of mis - selling $ 32 billion of mortgage - backed securities before the global financial crisis.

Personal consumption rose 4.2 % in the second quarter of the year, the best reading since the fourth quarter of 2014 and near the best level we've seen since before the financial crisis.

Before the open on March 10, 2009, CNBC anchor Mark Haines called the bottom of the financial crisis on air.

Its holdings are nearing $ 4 trillion, more than four times their level before the financial crisis struck in the fall of 2008.

Think about it; if you were unlucky enough to buy into the stock market at the peak in 2008, just before the financial crisis hit full force, your gains (excluding dividends) wouldn't buy you much more than two loaves of price - fixed bread at Loblaws and a bag of President's Choice sour grapes.

While prices have bounced back somewhat, they are still well off of their 2014 highs and roughly 70 percent below their peak before the 2008 financial crisis.

But as the pace of dealmaking speeds up, advisers to buyout funds have warned that there is a risk of overpaying for assets as multiples have already surpassed the record highs of before the financial crisis.

Wechter joined Citigroup in 2004, working in investment banking and then corporate strategy during the financial crisis before becoming chief of staff to Richard Parsons, the chairman at the time.

While credit spreads and leading indicators appear to be fairly well behaved, many have noted the sinister looking shape of the yield curve, near its flattest level since before the global financial crisis (see the chart below).

You can see evidence of these scars in many clients» allocation of their financial assets; before we even begin to discuss asset allocation from an investment standpoint, we focus on making sure clients have sufficient liquidity to make it through another crisis.

The thinner gray solid line shows the projection using the data available as of the last quarter of 2006, before the financial crisis.

The relationship between monetary policy and financial stability may depend on the specific economic conditions in which we find ourselves.6 Moreover, the processes resulting in financial cycles, with periods of unsustainable debt buildup, occasional crises and periods of deleveraging, are not well captured by standard models.7 We have more work to do before we can be fully confident about our conclusions.

That peak came in the third quarter of 2007, just before the financial crisis hit.

Before the financial crisis, nominal GDP growth of 5 % was considered normal in America.

OTTAWA — Canada's labour market posted its ninth - straight month of job gains in August to give the economy its longest monthly growth streak since before the financial crisis nine years ago.

As Paul Krugman points out Reifschneider, working with John Williams and using the same FRBUS model, concluded that the ZLB was only a very small issue less than a decade before the financial crisis led to an 8 year stretch of zero rates.

It was only a few years later, while I was reading Charles Kindleberger's A Financial History of Western Europe that I learned that the 1873 crisis actually «began» with a stock market crash in Vienna in May, four months before the New York markets fell, which spread to Germany, England and other countries, and the subsequent depression was perhaps the first «global» panic and depression in history.

In contrast to the stronger recoveries of the United States and Britain, the bloc's gross domestic product has still not regained its levels from before the onset of the financial crisis in 2007.

Back in 2007, before the financial crisis, a portfolio of investment grade bonds would have yielded comfortably over 5 %.

Before the financial crisis, Mr. Steel was co-chairman of one commission that claimed that heavy - handed regulation was hindering financial innovation and another that argued that hedge funds could police themselves.

It then reversed course and gave back those gains and then some before bottoming out in the aftermath of the financial crisis.

The trade ministers» cheery attitude towards further financial liberalization begs the question of how bad the financial crisis would have to get before they thought twice about permanently deregulating the sector through trade commitments.

The program, similar to one begun in the United States much earlier, has not been enough to bring eurozone growth back to where it was before the global financial crisis of 2008.

The financial crisis of 1997 - 98 in Southeast Asia and South Korea, destroyed some of the wealth created in the booming years before and further undermined Canadian commercial interest in the region.

The adjusted earnings per share excludes 20 cents of charges related to litigation for a mortgage - related regulatory case from before the financial crisis, the bank said.

Retail blowouts are hitting the headlines, but many of the problems date from before the global financial crisis.

A reread of this classic on what was behind past financial crises is a good refresher before you do.