Sentences with phrase «emergency bailout»
"Emergency bailout" refers to a sudden and immediate rescue or financial assistance provided to help someone or something in a crisis or difficult situation. Full definition
During his tenure as chairman, Bernanke was acutely aware of the public's deep resentment of the Fed's emergency bailout of financial giants such as AIG as well as policies that inevitably favored the wealthy by spurring the stock market.
baltimoresun.com
FirstEnergy has sought several forms of federal emergency bailouts for its struggling power plant fleet, including a failed push by the Trump administration to classify them as critical to grid reliability, and a demand to keep them open using emergency powers created for times of war and natural disaster.
Emergency bailouts in those countries would cause risk premiums on government bonds to spike.
Mr. Draghi said he was bound by the European treaty, which «embodies the best tradition of the Deutsche Bundesbank,» the German central bank, code for strict inflation - fighting and the furthest thing from a wholesale emergency bailout.
The developing situation means Britain could face having to contribute # 3 billion to an EU emergency bailout, Open Europe said.
He says an IMF emergency bailout won't be enough to prevent Mongolia from defaulting on billions of dollars worth of loans.
They appealed to the United States government and were granted a 4 billion dollar emergency bailout loan by President Bush through the TARP fund.
Mid-Atlantic grid operator PJM reported Monday that FirstEnergy's plan to close three nuclear power plants by 2021 won't threaten grid reliability and stability — another piece of evidence against the utility's claim that it needs federal emergency bailouts or protections to keep the money - losing plants open.
«Our liquidity position in the last 24 hours had significantly deteriorated,» announced Bear Stearns CEO Alan Schwartz, explaining to shareholders why he had no other choice than to accept an emergency bailout.
«I want to make clear that we haven't made any requests to the state for some sort of emergency bailout,» he responded.
President John Dramani Mahama has denied allegations that his government has reached an agreement with the International Monetary Fund (IMF) for an emergency bailout.
In a dramatic meeting on September 18, 2008, Treasury Secretary Henry Paulson and Fed chairman Ben Bernanke met with key legislators to propose a $ 700 billion emergency bailout.
It got bundled into the emergency bailout legislation intended to alleviate our current financial crisis.