Sentences with phrase «controlled huge bank»
Also, Dodd - Frank is mostly a sham (now that it's live, do you SERIOUSLY think that a Democrat - controlled huge bank or financial firm will be allowed to go bancrupt?)
https://politics.stackexchange.com/ Not exact matches
Besides owning trains (BNSF Railway), planes (NetJets) and automobiles, Warren Buffett also wholly owns or controls huge stakes in food (Heinz), restaurant (Dairy Queen), beverage (Coca - Cola), banking (Wells Fargo), insurance (Geico), furniture (Nebraska Furniture Mart), real estate (Berkshire Hathaway HomeServices), building (Benjamin Moore) and clothing (Fruit of the Bloom) companies, to name just a few.
China withstood the Asian financial crisis in 1997 and 1998 and the global financial crisis in 2008 and 2009 in part because its financial system depended on highly stable household and corporate deposits parked mainly at four huge, government - controlled banks.
Many people regard this to be one of the most appealing and disruptive aspects of cryptocurrencies, this distribution of authority is ushering in a new age where money is controlled by the people rather than huge corporate organisations like banks.
Bring banks and finance institutions into genuine public ownership under democratic control, instead of giving huge handouts to the very capitalists who caused the crisis.
But what is so absurd about these flights of wishful thinking is that there is not a single word about the real lessons which Labour needs to learn — the need for radical banking reform, the need for a massive revival of British manufacturing (when this year the UK deficit on traded goods is likely to exceed the entire UK budget deficit), the need to take back public control of the NHS and education system, the need for a jobs and growth strategy rather than a programme of endless cuts, the need for an effective anti-poverty strategy and a huge reduction in inequality.
Today, governments and financial institutions recognize that the blockchain technology behind Bitcoin can offer huge cost savings, efficiency, and operational benefits to financial systems — distributed ledger technology could save banks $ 15 billion - $ 20 billion per annum by 2022 according to a recent Santander Innoventures report — but it's in the nature of power to oppose what it can't control.
If they can control a huge percentage of title, escrow and natural hazard business through business arrangements with the banks for long enough, you will see all competitors go out of business.