Sentences with phrase «credit crisis in»

Perhaps the ultimate manifestation of the credit crisis in the legal arena is the increasing number of company officers and owners who are risking personally liable for the «deepening insolvency» of their companies, says Smith.

Columnist Terry Savage was recounting how Bert Dohmen, publisher of The Wellington Letter, predicted the current credit crisis in March 2008, saying that» [t] he enormity of this problem is beyond anything we have ever seen... Continue Reading

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.

So far, it did produce another 50 % decline in the stock market in 2008 and early 2009 as a credit crisis in 2007 caused the worst recession since the Great Depression.

The theory is that the credit crisis in the United States might have been avoided if a central authority had seen the systemic danger posed by Wall Street's aggressive selling of securities backed by subprime loans and other complex financial products.

Not exact matches

They're also a potentially important move for banks, which have been criticized for moving too slowly to provide credit to small businesses in the wake of the financial crisis.

Alliance Data's Ed Heffernan is credited for keeping the company afloat and optimistic in the aftermath of the financial crisis.

The Tories claim the province is in a debt crisis, but that's not the case, said Helmut Pastrik, chief economist with Central 1 Credit Union.

Historically, credit markets dry up first in a financial crisis, and equity markets follow.

S&P 500 corporations had about $ 900 billion in surplus cash socked away as of mid-2012, 40 % more than just prior to the credit crisis, says The Economist.

As part of United's crisis management, the airline said late Wednesday that all passengers on Sunday's United Express Flight 3411 are getting reimbursement equal to the cost of their tickets, which can be taken in cash, travel credits, or miles.

In fact, we have seen solid summer rallies in the recent past, since the credit crisis, and this has made the old adage lose credibilitIn fact, we have seen solid summer rallies in the recent past, since the credit crisis, and this has made the old adage lose credibilitin the recent past, since the credit crisis, and this has made the old adage lose credibility.

During hearings on the near collapse of the U.S. auto - industry in the aftermath of the 2008 credit crisis, the Big Three automaker CEOs appeared before a congressional committee to account for themselves.

A tightening of bank lending standards and a drying up of the home - equity - loan market in the post-financial crisis era have made small business credit less available than it used to be.

In addition to covering the full range of investment opportunities, the book features new material on the Great Recession and the global credit crisis as well as an increased focus on the long - term potential of emerging markets.

She built up a stack of unsecured debt before the credit crisis devastated her investments in 2008.

Corporate America has operated in crisis mode since the 2008 financial panic, accumulating cash as a brace against further turmoil similar to the credit implosion.

Prices finally soared to the US$ 140 - barrel range in mid-2008 before plunging just as dramatically in the recessionary aftermath of the 2008 credit crisis.

Then the credit crisis erupted in 2008 and the company's bank, under financial pressures, reined in the New York City firm's revolving credit line.

Even the most popular explainer in recent years of the financial crisis — «The Big Short» — had to employ non sequiturs with celebrities explaining ideas like mortgage - backed securities and credit default swaps to communicate how it happened.

Some argue that because Greenberg led the company when initial programs that engaged in credit default swaps were created, he indirectly precipitated the crisis.

As the credit crisis continued to swirl, the Dow had closed the day before at 6,547.05, a staggering 54 percent plunge from its all - time closing high above 14,000 in October of 2007.

Moreover, Treasuries are quite sensitive to rate increases, and Ms. Jones found that the credit quality of the corporate bonds in the index had decreased since the financial crisis.

In France, 16 huge - net - worth types, including L'Oreal SA heiress Liliane Bettencourt and Total SA chief executive Christophe de Margerie, signed a petition calling for a «special contribution» by the super-rich to help the country through its current budget crisis, which threatens France's AAA credit rating.

Some have pointed to the current upturn in the markets as a good omen, while Credit Suisse has released a note saying it does not think it will lead to another credit cCredit Suisse has released a note saying it does not think it will lead to another credit ccredit crisis.

This cycle was partly caused by the explosion of credit in the wake of the 2008 global financial crisis.

The buffer is put in place to ensure that lenders do not get themselves into the same positions that they did during the financial crisis, protecting themselves from debt going bad and triggering another credit crunch.

«Banks have created, through the credit crisis, this environment where cash is king and in many ways businesses have been forced to revert to using cash, and cash advances to sustain staff spending,» says Toffer Grant, CEO and founder of PEX Card.

And a spike in rates caused by worries over U.S. credit, on top of the rise in yields already in the cards, could ignite a crisis.

He's credited with one of the greatest investments of all time in his risky buyout of petrochemicals maker LyondellBasell, which he purchased out of bankruptcy amid the financial crisis for north of $ 2 billion.

Average credit scores most recently bottomed out at 686, during the housing crisis when there was a sharp increase in foreclosures.

The documents reveal that JPMorgan, as well as two firms the bank acquired during the credit crisis, Washington Mutual and Bear Stearns, flouted quality controls and ignored problems, sometimes hiding them entirely, in a quest for profit.

December 2009 (1967 kb PDF file): The Q&A in this issue features seven questions about political influence and the financial crisis (by Deniz Igan, Prachi Mishra, and Thierry Tressel); research summaries on «Credit Conditions and Recoveries from Financial Crises» (by Prakash Kannan) and «Inflation Targeting in Emerging Economies» (by Turgut Kýþýnbay); the contents of the latest issue of IMF Staff Papers; a listing of visiting scholars at the IMF during October — December 2009; and listings of recent IMF Working Papers and Staff Position Notes

Dear Mr. Cuban: In today's credit crisis private equity will be playing a major roll in financing the needs of business and consumerIn today's credit crisis private equity will be playing a major roll in financing the needs of business and consumerin financing the needs of business and consumers.

«Responsible lending by community banks and credit unions did not cause the financial crisis, and our mortgage rules reflect the fact that small institutions play a vital role in many communities,» CFPB Director Richard Cordray said in a press release.

Credit default swaps figured prominently in the financial crisis, notably in the near - collapse of American International Group, a giant insurer that sold protection to investors in home mortgages but couldn't pay out on the policies when the housing market crashed.

Many central banks, especially during the most acute phases of the crisis, also employed policies known as «credit easing,» which involves purchases of private sector assets in certain credit markets that are important to the functioning of the financial system but are temporarily impaired.

Market watchers have warned that a further clampdown on Russia by the West could threaten Europe's fragile recovery and risk a «credit crisis» in Russia and beyond.

Buffett lamented in 2010 that he didn't buy more corporate and municipal bonds during the credit crisis when yields made the securities «ridiculously cheap» compared with U.S. Treasuries.

But they needed more money last year for prototypes of new products and for inventory — especially since suppliers were requiring 100 % payment in advance, instead of 50 % before the credit crisis hit.

«History tells us that credit booms lead to bubbles and eventual crisis,» Jason Daw, a strategist specialized in Asia at Societe Generale, wrote in a recent report.

Over the course of 2010, absent very clear (i.e. crisis - level) additional credit strains, our weighting toward «post-war» criteria will increase in an approximately linear way.

In that sense, conditions now resemble 2008: U.S. credit crisis then; Euro - zone credit crisis now.

But a good credit score also can act as a lifeline in a time of hardship or financial crisis.

China is still vulnerable to a debt crisis, but if President Xi can continue to restrain and frighten the vested interests that will inevitably oppose the necessary Chinese economic adjustment, he may in the next one or two years be able even to get credit growth under control, before debt levels make an orderly adjustment impossible.

The credit crisis has left deep scars in investor's minds, so it's natural to be sensitive to any sign of trouble.

Worth a read for more insight into how scared McGraw Hill must be that their role in the credit crisis may become more high profile in the near - future.

And then there is the matter of allowing the public to assess counterparty risks building up at our insured banks after AIG sold credit protection derivatives (credit default swaps) across Wall Street that it could not pay in the crisis, forcing another massive government bailout.

The 2008 credit crisis highlighted the risks associated with having large sums of money invested in opaque, illiquid assets.

In so doing, this flow of saving helped to fuel a credit boom and risk - taking in major advanced economies, particularly in the United States, thereby sowing the seeds of the global financial crisiIn so doing, this flow of saving helped to fuel a credit boom and risk - taking in major advanced economies, particularly in the United States, thereby sowing the seeds of the global financial crisiin major advanced economies, particularly in the United States, thereby sowing the seeds of the global financial crisiin the United States, thereby sowing the seeds of the global financial crisis.