Sentences with phrase «collapse of the banks»

Should Greece suffer a total collapse of its banks and choose to default on the ECB, there is a $ 110bn liability in the form of the eurosystems Target2 funds which the rest of the eurozone may have to bear the costs of.

There are clear signs that Iceland is recovering from the 2008 financial crisis in 2008 and the subsequent collapse of its banks.

The great recession, caused by the near collapse of the banking industry, resulted in teacher layoffs / reductions in force through the capitol region.

The Authority claimed that Iceland had violated the transposed Directive and thus EEA law in the aftermath of its major economic crisis and collapse of the banking sector in 2008, by failing to ensure that British and Dutch depositors using the famous «Icesave» accounts offered by Icelandic banks received the minimum amount of compensation set out in Article 7 (1) of the Directive.

Billionaire hedge fund manager John Paulson has the distinction of having predicted the mortgage market crash in 2007 and the collapse of banks and financial firms in 2008.

The collapse of the banking system in Argentina came very close to triggering a financial crisis in London, the major international financial center.

Specifically, their identification of two main problems of that period — overly tight monetary policy and allowing the collapse of the banking system — were instructive in the current environment.

The trio will be among the first senior bankers globally to be jailed for their role in the collapse of a bank during the crisis.

There's more good, bad news: You'll sometimes hear it argued that the collapse of a bank signals a market bottom.

«A disorderly default would not only have led to a collapse of the banking system and a disappearance of all deposits, but it would force you to print a currency which would be drastically devalued because there is no reserve to support it,» he said.

This country elected a mentally challenged George Bush not once, but twice who increased debt spending over 5 Trillion and oversaw the collapse of the banks.

FAIL And now that I've moved on to the subject of schoolchildren, let's go back to your:»... from child protection to the collapse of the banks, most of the public calls are very often for government to do more.»

The Bank, which had its headquarters in Begoro, had other branches in Koforidua, Osiem, suhum, Anyinam and other parts of the region.It is estimated that, over 1000 customers have been affected by the the collapse of the bank.

About a week or two ago, the Bank of Ghana, the regulator, which is also complicit in the collapse of our banks, has taken over Sovereign Bank.

Mr Milburn denies that the Blairite approach is redundant following the collapse of the banks, and believes «more, not less, New Labour» is needed.

That's around 42 % of GDP - more than any year from 1995 until the collapse of the banks in 2008.

It is true enough that people are scared by the market gyrations, the collapse of banks that once towered over Wall Street and the City and the dire warnings of a Main Street shake - out to come — with spending cuts and tax rises.

Last year in Birmingham, though most people seem to have forgotten, the Tories were caught out by the collapse of the banks.

Using the alias Bob Musella, Mazur worked undercover for years as a money launderer to major underworld figures and and organizations, including Pablo Escobar's Medellín Cartel, gathering the evidence that would eventually lead to a blockbuster string of more than 40 arrests and the collapse of the Bank of Credit and Commerce International.

Their arrests would lead to the collapse of the Bank of Credit and Commerce International, and shake the underground economy to its core.

An investor who exited value funds in early 2009, after the collapse of banking stocks killed value returns, missed the 27 % surge from March 2009 to April 2010.

When borrowers default by the billion, banks will not have reserves to pay on their checking accounts, which signals a collapse of the banking system.

Anyone paying attention to news reports during the collapse of our banking system was treated to detailed... read more»

The FDIC deposit insurance system worked so well that most people's deposits were completely unaffected by the collapse of the banks that held them.

Having once been attached to the UK Serious Fraud Office in helping to investigate the collapse of the Bank of Credit and Commerce International, she is set to become its new Director.

After the collapse of the banks we heard many government spokesmen talking of suing the alleged perpetrators, but their statements betrayed a fundamental lack of understanding of the limits upon shareholders to pursue such claims.

Mr Pugachev left Russia in early 2011, following the collapse of the bank and the opening of criminal investigations.

«Built for a post-trust world, Bitreserve's real - time transparency system eliminates the opportunities for fraud and destructive risk - taking that have caused the collapse of banks and other financial institutions throughout history,» the startup's website reads.

Considered one of the largest corporate frauds in U.S. history, it even led to a collapse of a bank.