For example if a major bank fails, it could trigger
the failure of other financial institutions that are linked to it through loans, derivatives, securities, and foreign exchange exposure.
Not exact matches
There's no way
of knowing how many
other Owens are working at America's universities, trapped into similarly untenable and punitive agreements by
financial need and by professors» and
institutions»
failure to provide basic information about the positions» obligations.
This one event, along with Bear Stearns around the same time, caused a tsunami
of unprecedented
failures in banking and
other financial institutions, and led to a massive Federal intervention in the
financial system.
Leverage isn't working in
other industries: MacEwen offers some background from the
financial industry, which shows a causal link between the
institution's asset - to - equity ratios (that's how leverage looks in banking, whereas it's the partner - associate ratio for lawyers) and the
failure of the industry.
We have successfully represented officers and directors
of banks, mortgage lenders (including those specializing in subprime loans), and
other financial institutions in connection with regulatory matters and complaints brought against them arising from allegations
of failure to observe their fiduciary duties, alleged fraud, alleged predatory lending practices, and
other matters arising from their respective roles in guiding and leading the efforts in the marketplace
of their
institutions.