Sentences with phrase «collapsed during the financial crisis»

The Guardian reports that Gunnlaugsson co-owned a British Virgin Islands — registered company called Wintris Inc., which reportedly held shares worth nearly $ 4 million in three Icelandic banks that collapsed during the financial crisis of 2008.

Driving the change is a growing acceptance in the industry that revenue from print advertising, which collapsed during the financial crisis, is never coming back.

New York - based AIG is now about half the size it was when it nearly collapsed during the financial crisis.

Not exact matches

Recently, Britain's House of Lords studied IFRS's role during the financial crisis, which saw prominent banks collapse.

Will the small banks that collapsed and consolidated during the financial crisis suddenly rise from the ashes?

If you want to screw over savers, do nothing, let deflation rule the day, and watch interest rates collapse (as they did during the financial crisis).

The stock value lost by GE in the past 12 months is twice the amount that vanished when Enron Corp. collapsed in 2001 — and more than the combined market capitalization erased by the bankruptcies of Lehman Brothers and General Motors during the financial crisis.

The IMF says the reason for the debt build - up is the economic collapse during the 2008 financial crisis, and the policy response to that crisis.

Now, according to a recent report in the Wall Street Journal, the U.S. Department of Justice believes that Deutsche Bank owes American taxpayers $ 14 billion for selling toxic mortgage backed securities that helped to collapse the U.S. housing market during the financial crisis.

«Historically a lot of agricultural investments were tax driven and that did not result in very positive outcomes,» Mr Brandweiner said, possibly referring to the spate of collapsed managed investment schemes such as Timbercorp during the financial crisis.

During his State of the Union address Tuesday night, President Obama announced the creation of a special unit to investigate misconduct and illegalities that contributed to both the financial collapse and the mortgage crisis.

A similar burst of hiring and spending happened during the short - lived funding boost financed by the American Recovery and Reinvestment Act of 2009, also known as «the stimulus,» following the 2008 financial crisis (an example of a genuine collapse).

When many people were losing fortunes during the financial crisis of 2007 - 2010, there were a shrewd handful who were able to take advantage of the housing market collapse.

Alternatively, most stocks in the financials sector moved sharply lower during the collapse of the subprime mortgage market and the subsequent credit crisis in 2008 — 2009.

Class X notes became a focus of ire when Europe's 48.8 billion - euro ($ 55.5 billion) CMBS market stalled following a collapse in real estate prices during the financial crisis, spurring losses and sparking disputes between investors, loan managers and arrangers.