There wasn't much love shown to this section of corporate bonds since the 2008
credit crisis turned the maple market into a small marketplace that pri...
Not exact matches
These loans, often made to borrowers with bad
credit, no job, and no income
turned into a systemic risk that eventually sent the world into its worst economic
crisis since The Great Depression.
Before long, when the general economy of Britain
turns a corner, deals with its current
credit crisis, these companies will be seen as very cheap and thus rise again.
Speaking on Long Island as part of a series of signing ceremonies around the state on Wednesday, Cuomo specifically
credited the GOP - led chamber's anti-heroin task force, which launched in 2014, calling the measures a «major
turning point» in the heroin
crisis that has gripped parts of the state.
Although he is
credited with leading New York out of an economic
crisis as governor in the 1970s, Carey also was remembered as a World War II Army colonel who liberated concentration camps; a savvy lawmaker whose tenure on the House Ways and Means Committee prepared him for the economic challenges he would later face in Albany; and a compassionate chief executive who never
turned his back on the underprivileged.
With the success of The Blind Side and Moneyball, Hollywood loves Michael Lewis» books, but how do you
turn a highly engaging but very deep dive into the housing market
crisis,
credit default swaps and collateralized debt obligation into a movie?
During the 2008
credit crisis, it
turned out that institutions were buying insurance (
credit default swaps) from companies that could not pay the claim.
How this
credit crisis works out and what price we end up paying has to be largely unknowable, depending as it does on hundreds of interlocking and often novel factors and how they in
turn affect animal spirits.
Much worse, it can lead to a
credit crisis that can
turn one's
credit score from bad to worse.
In light of the current economic climate that we are all living under, continued high unemployment, a mortgage
crisis that's now
turned into a foreclosure
crisis; the issue of utilizing
credit histories for employment purposes is a topic of growing importance.
Heading NTMA's legal, control and compliance functions, US - and Ireland - qualified Andrew O'Flanagan has been at the epicentre of the agency's efforts to
turn around the nation's
credit reputation following the financial
crisis.