Sentences with phrase «debt default as»

By rejecting debt default as an option, they created the ultimate moral hazard problem.
The idea is otherworldly and has no possible chance of being enacted, because it would cause a vast debt default as a result of plunging prices, incomes and employment.

Not exact matches

Even though the dollar gets a bounce from the safety trade, especially when investors are running from European default, the trend in the dollar is lower as we dig ourselves deeper into debt.
As promised, Laval, Quebec - based Valeant Pharmaceuticals (vrx) released its much delayed 2015 annual report Friday — likely averting the danger of a debt default.
The teleconference Wednesday evening will go a long way to determining market expectations as to whether Greece will default on its mountain of debts any time soon.
As a 60 - year «global debt supercycle» draws to a close, it'll bring an inevitable series of government defaults.
A teleconference between Greek Prime Minister George Papandreou, Nicolas Sarkozy and Angela Merkel tonight will go a long way to determining market expectations as to whether Greece will default on its mountain of debts any time soon.
U.S. President Barack Obama speaks in a rare prime - time address as polarized lawmakers failed to rally behind a plan to avert a disastrous debt default perhaps just one week away.
In case of a serious default, one in which the U.S. postpones or suspends any debt payments, «Canadian yields could actually drop as a result of both the economic slowdown and safe - haven flows,» Shenfeld wrote in a recent research note.
Moreover, as the one faction in Congress willing to see the U.S. government default on its debt, they have greater influence than their numbers would suggest.
But if there is any panic selling due to some event, such as a sovereign debt default in the eurozone, that could be a time to jump in.
Rating agency Moody's said in a note on Friday that it would define a non-payment at GDB as a default «regardless of [a debt] moratorium law's provisions.»
The geopolitical risks that have been swirling around the globe this year are as bad, or worse, than the prospect of Greece defaulting on its debt, and yet, the European debt crisis regularly pummelled markets.
As default rates on junk - rated debt is above nine percent, companies with junk status face an average interest rate that is a whopping ten percent points above Treasuries — these days, that translates into roughly 12 percent for a five - year loan.
The nation may need another $ 15 billion, according to the European Union, and Standard & Poor's said a debt default may be inevitable as it cut Ukraine's credit rating to CCC - last week, nine steps below investment grade.
In this case, it's perfectly acceptable to request that your lender reports the settlement as a paid - in - full account instead of a settled debt, or to remove the default label from your credit report.
A DTI ratio of 50 % or higher is a bad sign to lenders, as it means you may have trouble paying back your debts (and thus may default on the unsecured loan you're applying for).
That is crucial, because an involuntary debt revamping would be seen by creditors as a default — a step Greece and Europe are trying hard to avoid.
When liquidity is flowing, valuations don't matter as much, and the risk of default goes way down for venture debt investors.
Checking the National Student Loan Data System as well as consulting your credit report are two essential resources to avoid falling behind on your loans, ensuring that default and student loan debt settlement never enter the picture.
But as most debts are denominated in euros — and owed mainly to foreign banks or their local branches — devaluation would cause a sharp jump in debt service, causing even more defaults and negative equity in real estate.
Investors should monitor current events, as well as the ratio of national debt to gross domestic product, Treasury yields, credit ratings, and the weaknesses of the dollar for signs that default risk may be rising.
Without debt restructuring, Puerto Rico will be forced to default as it faces nearly $ 2.5 billion in bond payments from May through July, government officials have said.
The deal marks a major milestone for Argentina and its new president, Mauricio Macri, restructuring the lion's share of the debt remaining from the default and freeing up the nation to tap international markets for much - needed financing as its commodities - rich economy falters.
As in military wars, its devastating consequences threaten to include shortening life expectancy, lower health standards and depopulation, poverty and de-industrialization, rising debt arrears and defaults.
If you default on a federal Direct Loan, your loan will be listed as a current debt that is in collections.
«The consequences of a debt default would be harmful not only to the U.S. economy but also globally, given the importance of the U.S. Treasury market as a global financial benchmark,» they wrote.
Today, the city's past hardships have a silver lining as the city is popular for its classic architecture, which would have been mostly removed if the city defaulted on its debt like so many other cities did.
We note that in this cycle, riskier companies have led the pick - up, hence defaults in the weaker segment of corporate debt could rise as real rates climb above neutral.
Wage arrears are getting worse, because as Ukraine approaches the eve of defaulting on its $ 10 + billion London debt, kleptocrats and business owners are jumping ship.
Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.
Money is now flowing out of high yield debt which has been priced as if defaults will remain very low.
For roughly three decades, U.S. non-financial corporate debt as a percentage of U.S. nominal GDP and the high yield default rate moved in tandem.
Another way to picture this is to presume that fears over Eurozone debt can be measured on a scale of 0 - 100 %, with 100 % meaning that the market is as fearful of a default as it can be and 0 % being equivalent to the market not having any fears of a default.
acting as a safety net, protecting businesses from defaulting customers and the bad debts which would otherwise arise when a customer is unable to pay;
Make a $ 450,000 home loan with 3 % down to a couple making $ 35,000 a year working at Starbucks; already burdened with $ 90,000 in student loans, $ 20,000 in credit card debt and FICO scores of 610, after they tell the loan officer they make $ 120,000 as senior managers of a large multi national corporation When they default on the home loan, file bankruptcy to discharge student and credit card debt and start living in section 8 housing, you now have a new brother and sister.
Trading volume for credit default swaps on French government debt also surged as spreads spiked.
Banks for their part (and indeed, bank regulators and the Federal Reserve) need to decide at what point to cut back their mortgage lending so as not to fuel an overpriced market and have to deal with debt defaults.
And inasmuch as creditors insist on protecting themselves from inevitable default by possessing collateral, it is natural that most of the economy's debts are owed on its largest asset: land and buildings.
Rather, my impression is that the problems at JPM may be the result of using highly leveraged, illiquid derivative transactions as a «cross-hedge,» intended to reduce the risk of default in a whole portfolio of complex positions including (but not limited to) European mortgage debt, but with the long and short portions of the position behaving unexpectedly in relation to each other.
As with other debt obligations, defaulting on a student loan will send a borrower's credit score plummeting, from which it can take years to recover.
Also, when you cash out your equity to pay unsecured debts, you are actually exposing yourself as you stand the risk of losing your property in case of default.
Such a development threatens the world economy, as the system would crash from the periphery, as developing countries and USD debt holders, would have a hard time repaying their debt and eventually default.
Entrepreneur writer Diana Ransom suggests that if «you've personally guaranteed any of your business's debt — meaning, if a creditor or supplier can come after your personal assets if you default — make sure paying off those debts becomes a high priority as well.»
As Greece's debt drama continues to unwind, some observers are predicting the country could default on its $ 315 billion owed, leave the eurozone — or both.
The debt moratorium will cause Puerto Rico to default; but the missed payments, as per the bill, will still be due when the moratorium ends, said Daniel Hanson, an analyst at Height Securities, a research firm that focuses on geopolitical and regulatory investment risk.
sorry this is a bit of the subject does anyone know what the situation with our overall debt is at the moment and what our repayments are i was under the impression that we are at about the # 245 million mark gross debt and about # 97 net debt are the stadium repayments lower now or something is the bonds interest dropped lower inprice we were paying something like # 20 - # 30 million in repayments but heard its down to about # 15 million per yr now i know we will have broken throught the # 300 million mark in revenue now i am guessing that contributes more to the transfer funds or if not what makes up the transfer funds in the club i.e deals or match day revenue plus cash in the bank which stands at a high level but must be just in case we might default on a payment we need heavy cash in hand to bail us out this side of the club really intrigues me as it is not a much talked about subject unless you are into that type of area of work or care about the general fianacial outcome of the club does anyone have more insight into our finances would be great to hear from anyone about this matter cheers gonerwineverything (because we are)
He also warned that Salmond's plans to refuse to pay Scotland's share of the national debt if Westminster rejected a currency union would be viewed as a default by credit rating agencies.
The question of who would hold responsibility for a failure to raise the debt ceiling and a government default, posed as a hypothetical question, has received quite a bit of polling and a substantial majority say they would assign the blame squarely on the Republican party
If needed, the Federal Reserve can issue as many new dollars as it likes, so the USA can not fail to pay its debt (unless its government chooses to default).
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