Sentences with phrase «best of the financial system»

Now is the time to strengthen the best of the financial system, its community banks.

Not exact matches

The banks got most of the money when the U.S. financial system imploded in 2008 and it didn't work that well.
You will need everything from a well - furnished reception area and customer - friendly employees to reliable accounting software, a fax machine and an efficient system for carrying out financial transactions whether in the form of physical cash, checks or credit cards.
And no less than President Barack Obama said Canada had proven itself to be «a pretty good manager of the financial system and the economy in ways that we haven't always been here in the United States.»
The good news is that Federal Reserve staff carefully monitors the financial system for exactly these kinds of vulnerabilities.
By now, perceived flaws in that system have been well - documented, and much of that documentation — understandably — has focused on economic and financial issues.
Unregulated, and closed to investment from all but the very rich and very well connected, they're famous for their robust returns, but more infamous for their spectacular busts, their managers» extravagant new - gilded - age lifestyles, and their influence, real and imagined, on the workings of the financial system.
Before incorrectly blaming the Fed and the ECB for their allegedly ineffective monetary policies, investment strategists would do well to reflect on the depressive impact of an unreasonable haste to balance budgets, and on political leaders» inability to strengthen the financial systems (in the U.S. and in Europe) and to negotiate a better balanced world economy.
They want to unbundle a financial system grown «too interconnected to fail,» and they prescribe solutions for the global good in a world where the G20 outstrips the G8 (including an IMF reorganization to reflect that shift in the balance of power).
Examples of such projects providing marginal benefits are: improving financial reporting systems through better information technology, minor tweaks to supply chain logistics, cutting back on marketing or increasing low - cost advertising (like social media), «rationalization» of head count, holding average wages as low as possible, squeezing suppliers a little bit, not repatriating earnings to stave off taxation, refinancing rather than retiring debts, and the share buyback that is insensitive to a company's current stock price.
After all, liquidity is the lifeblood of the world economy and the result of a well - functioning financial system.
The effect of transfer payments to the financial sector — as well as the $ 5.3 trillion increase in U.S. Treasury debt from taking Fannie Mae and Freddie Mac onto the public balance sheet — is to support asset prices (above all those of the banking system), not inflate commodity prices and wages.
To me, this is a situation where the reduction in risk to the financial system from the better management of foreign exchange settlement risk greatly outweighs any concerns about the impact on the efficiency of a payments system.
That puts us in the top 20 % of all US - based franchisors — even better, the Franchise 500 is a purely objective ranking of businesses that use the franchise model based on financial strength, stability growth rate, and size of the system, not a sponsored ranking that requires a «token sponsorship fee.»
Our mission is to accelerate the development of a better financial system.
Such risks and uncertainties include, but are not limited to: our ability to achieve our financial, strategic and operational plans or initiatives; our ability to predict and manage medical costs and price effectively and develop and maintain good relationships with physicians, hospitals and other health care providers; the impact of modifications to our operations and processes; our ability to identify potential strategic acquisitions or transactions and realize the expected benefits of such transactions, including with respect to the Merger; the substantial level of government regulation over our business and the potential effects of new laws or regulations or changes in existing laws or regulations; the outcome of litigation, regulatory audits, investigations, actions and / or guaranty fund assessments; uncertainties surrounding participation in government - sponsored programs such as Medicare; the effectiveness and security of our information technology and other business systems; unfavorable industry, economic or political conditions, including foreign currency movements; acts of war, terrorism, natural disasters or pandemics; our ability to obtain shareholder or regulatory approvals required for the Merger or the requirement to accept conditions that could reduce the anticipated benefits of the Merger as a condition to obtaining regulatory approvals; a longer time than anticipated to consummate the proposed Merger; problems regarding the successful integration of the businesses of Express Scripts and Cigna; unexpected costs regarding the proposed Merger; diversion of management's attention from ongoing business operations and opportunities during the pendency of the Merger; potential litigation associated with the proposed Merger; the ability to retain key personnel; the availability of financing, including relating to the proposed Merger; effects on the businesses as a result of uncertainty surrounding the proposed Merger; as well as more specific risks and uncertainties discussed in our most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.cigna.com as well as on Express Scripts» most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.express-scripts.com.
To conclude, over the past decade and in a very volatile world, Australia has achieved the inflation target, avoided a major economic downturn, seen remarkably little variability in real economic activity in the face of enormous shocks, experienced a fairly low average rate of unemployment, and had a stable financial system as well.
The fact that Australia has well - developed markets in a wide range of products suggests well - balanced development of the Australian financial system.
«Larry is deeply concerned with the plight of low - and moderate - income households and would work creatively using the tools available to him to try to make the financial system work better for them.»
Better macroprudential oversight might have noticed how the sale of those assets was propping up the financial system on brittle pillars, and the selling of these products could have been curbed before disaster struck.
He is also an avid sportsman and rugby enthusiast, and is equally excited to enter the world of digital currency, upgrading the world to a better financial system.
Even better, the Franchise 500 is a purely objective ranking of businesses that use the franchise model based on financial strength, stability growth rate, and size of system, not a sponsored ranking that requires a «token sponsorship fee.»
-- You can convince your VCs of reviewing on a monthly base only those metrics that will measure progress more accurately at this stage, instead of all the financial data which is not relevant — You can set up the right financial systems / software to help measure basic financial information, and allow your VC access to additional financial figures every quarter or by request If none of these work: — You can try convincing your VC of using the right metrics as well as the financial ones, and to be measured by a mix of both — You can hire a seasoned part - time CFO who can at least free you of the hurdle of putting the numbers together
Buffett has said he would do so as long as he could see a good chance to make money on a given deal — and on the condition Berkshire gets paid upfront by its trading partner, eliminating any of the counterparty risk that nearly helped bring down the financial system in 2008.
Global Salon Global Finance sat down recently with Andrew Spindler, president and CEO of the Financial Services Volunteer Corps, which has spread the gospel of sound financial systems to the developing world for the better part of a quarter of aFinancial Services Volunteer Corps, which has spread the gospel of sound financial systems to the developing world for the better part of a quarter of afinancial systems to the developing world for the better part of a quarter of a century.
In a fairly open criticism ripple's — the company that supports the payment Protocol, which he founded in 2013, at the same time he left, stated that the introduction of centralized financial payments Protocol in cryptography is a system that is no better than SWIFT or PayPal.
All of these factors resulted in the Australian financial system coming out of the GFC in relatively good shape.
But the more prevalent view seemed to be that the diversification of risk made possible by financial innovation, and the relative strength of capital and liquidity levels, would stand the system in good stead.
[2] They define it as «the use of prudential actions to contain risks that, if realised, could have widespread implications for the financial system as a whole as well as the real economy.»
Elvira Nabiullina is shutting down bigger and better banks, on a tear through some of the shadier corners of Russia's financial system.
The roundtable unanimously recognized that regulators have an important role in protecting consumers as well as in protecting the integrity of the financial system from systemic risks.
Q: How has the financial system evolved into the form of economic servitude that you call «debt peonage,» negating democracy as well as free - market capitalism as classically understood?
Rich gained experience in trading as well as portfolio management systems with Laurel Capital Advisors (a unit of the former Mellon Financial), and the Pittsburgh institutional office of Merrill Lynch.
We want to see a competitive, efficient banking and financial system: that is the best guarantee of delivering quality, affordable services to customers.
As of 3/31/11, Cisco Systems, Inc. represented 1.2 % of The Oakmark Fund's total net assets, Best Buy Co., Inc. 1.5 %, DIRECTV, Class A 1.7 %, Viacom, Inc. - Class B 2.1 %, Cenovus Energy, Inc. 1.8 %, EnCana Corp. 1.1 %, Capital One Financial Corp. 2.1 %, Harley - Davidson, Inc. 1.8 %, H&R Block, Inc. 1.4 %, Huntington Ingalls Industries, Inc. 0 %, Northrop Grumman Corp. 1.9 %, Unilever PLC — ADR 1.6 %, Aflac, Inc. 1.5 %, and FedEx Corp. 1.5 %.
But we have tried to make our banking system and our financial system more resilient so that no matter what kind of shock might hit, our banking system is today much better able to weather it than it was eight years ago.
The reality is that gold tends to perform very well during periods of declining confidence in the financial system, the economy and / or the official money, regardless of whether the decline in confidence is based on expectations of higher «inflation» or something else entirely.
APRA wanted the report to provide the community with confidence that shortcomings at CBA had been identified are were being adequately addressed, realising it is critical to the long - run health of the financial system that the Australian community has a high degree of confidence that banks and other financial institutions are well governed and prudently managed.
But recent bank lobbying has been remarkably successful in distracting attention away from classical analyses of how to shape the financial and tax system to best promote economic growth — by public checks on bank privileges.
Five years after an epic spree of reckless mortgage lending in the U.S. sank the global financial system, U.S. banks are healing relatively well, thanks to aggressive rate slashing and money printing early on by U.S. central bankers.
The US financial system has been very good at segmenting the market so that the appropriate type of investor is matched with the needs of the borrower.
President Dudley maintains that the global financial crisis was a result of lacking the tools to regulate the entire financial system and sums up his analysis: «We had woefully inadequate regulatory regime in place, and while it is much better now, there is still work to do.»
There are risks to all this, of course, as the global financial crisis made clear; but when done judiciously, in a well - regulated financial system, we believe such market - based credit solutions can help encourage growth and stability.
Class A 2.3 %, McDonald's Corp. 1.9 %, Aflac, Inc. 1.7 %, Allstate Corp. 1.7 %, Bank of America Corp. 1.0 %, Bank of New York Mellon Corp. 1.1 %, Best Buy Co., Inc. 1.5 %, Cisco Systems, Inc. 1.0 %, Encana Corp. 1.1 %, FedEx Corp. 2.0 %, JPMorgan Chase & Co. 1.7 %, Google Inc., Class A 1.1 %, Capital One Financial Corp. 2.3 %, State Street Corp. 1.3 %, GlaxoSmithKline PLC 0 %, Walgreen Co. 0 %, Express Scripts Inc. 0 %, and Corning Inc. 1.6 % of the Oakmark Fund's total net assets.
The cycle of good financial times for a short period for most and then bad for most and good for a few will continue as long as we continue to have the same systems.
«Work is the best means of providing people with financial security, and with our welfare reforms people are moving into employment faster and staying there longer than under the old system
In the upcoming reauthorization of the Higher Education Act, the President will seek legislation allocating financial aid based upon these college ratings by 2018, once the ratings system is well established.
A lot of people in that faith system will say, «You are not well because you did not have enough faith» or they will say, «You do not have financial blessing because you did not give enough.»
What we oppose is a food system that privileges short - term financial gain for a tiny minority, over the long - term well - being of the vast majority of humanity, non-human species, and ecosystems everywhere.
Finance and Personnel is responsible for management of the Park District's financial assets and investments, as well as overseeing human resources, risk management, accounts payable, fixed assets, and management of information systems.
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