Sentences with phrase «financial bailouts in»

Nor was there any way for mainstream models to distinguish government transfer payments to the financial sector (e.g., the $ 13 trillion in post-2008 financial bailouts in the United States) from Keynesian - style deficit spending.

Its creation marked the beginning of the biggest financial bailout in U.S. history.

Not exact matches

The scrutiny Dimon has faced in recent years is in sharp contrast to the praise heaped on him earlier for steering JPMorgan Chase successfully through the financial crisis when other institutions were chastised for receiving government bailouts.

In fact, few things can be more damaging to growth than the kind of financial crisis that Mulvaney conveniently looks past — the one that started precisely in 2007, sent unemployment to 10 % nationally and much higher in many places, and resulted in bailouts for banks but foreclosures for working AmericanIn fact, few things can be more damaging to growth than the kind of financial crisis that Mulvaney conveniently looks past — the one that started precisely in 2007, sent unemployment to 10 % nationally and much higher in many places, and resulted in bailouts for banks but foreclosures for working Americanin 2007, sent unemployment to 10 % nationally and much higher in many places, and resulted in bailouts for banks but foreclosures for working Americanin many places, and resulted in bailouts for banks but foreclosures for working Americanin bailouts for banks but foreclosures for working Americans.

It came after the country's financial meltdown, which put bankers in jail and prompted a $ 4.6 billion bailout, and on the cusp of political events that would add to the populist spirit that fueled the party's meteoric rise.

This is because the country is set to end its third bailout program in August and both markets and creditors want reassurances that the Greek financial system can stand on its own two feet.

Since a brief post-prostitution-bust silence, he's taken to commenting in the media on the financial crisis, skewering Goldman Sachs, the AIG bailout and others in the Washington Post, Slate; appearances on MSNBC; and an interview with our very own Henry Blodget.

The financial crisis has been so devastating for auto manufacturers that management teams in both Canada and the U.S. have approached federal governments for bailouts.

The sale of a majority stake in DESFA is mandated under Greece's latest international financial bailout, worth up to 86 billion euros.

Flaherty argues there is no need for an emergency fund in Canada, where there were no taxpayer - funded bank bailouts during the recent financial crisis.

«The USPS is on an unsustainable financial path and must be restructured to prevent a taxpayer - funded bailout,» he said in an executive order.

At the same time, a series of corporate scandals; failures in the financial, housing, and insurance sectors; and taxpayer bailouts of mismanaged businesses have fostered consumer distrust and skepticism of marketers» messages.

In an interview with IMF advisor Robert Shapiro, the bailout expert has pretty much said what, once again, is on everyone's mind: «If they can not address [the financial crisis] in a credible way I believe within perhaps 2 to 3 weeks we will have a meltdown in sovereign debt which will produce a meltdown across the European banking systeIn an interview with IMF advisor Robert Shapiro, the bailout expert has pretty much said what, once again, is on everyone's mind: «If they can not address [the financial crisis] in a credible way I believe within perhaps 2 to 3 weeks we will have a meltdown in sovereign debt which will produce a meltdown across the European banking systein a credible way I believe within perhaps 2 to 3 weeks we will have a meltdown in sovereign debt which will produce a meltdown across the European banking systein sovereign debt which will produce a meltdown across the European banking system.

Indeed, certain financial responses were deeply unpopular, like the bank bailouts in the Troubled Asset Relief Program (TARP).

One way to mitigate this risk is to focus on disproportionately collecting businesses that have the financial strength necessary to survive even the darkest days of a period like 1929 - 1933 without having to issue stock at severely depressed prices (which, from an economic perspective, amounts to you, the old owner, having to sell off your ownership in exchange for a bailout).

But yields have started spiraling upward again in countries including Spain and Italy, making further European bailouts seem a near inevitability, destabilizing the global financial markets and suppressing growth on the Continent.

However, a budget deficit that takes the form of transfer payments to banks, as in the case of the post-September 2008 bank bailout, the Federal Reserve's $ 2 trillion in cash - for - trash financial swaps and the $ 700 billion QE2 credit creation by the Federal Reserve to lend to banks at 0.25 % interest in 2011, has a different effect from deficits that reflect social spending programs, Social Security and Medicare, public infrastructure investment or the purchase of other goods and services.

Though on a smaller scale and in a subtler manner, it has in many ways taken a page from the United States Federal Reserve's playbook for the 2008 financial crisis, which has been roundly criticized in Europe as a reckless bailout that risks setting off uncontrolled inflation.

Even if such a bailout were to occur, investors should be careful what they wish for — virtually none of the major bailouts in the financial crisis ended well for shareholders who usually found themselves diluted out of existence or with their stock outright cancelled.

European leaders in Brussels reached a third bailout deal for Greece on Monday morning, after a final round of more than 17 hours of talks on the thorny subject of reforms and more financial aid for the near - bankrupt country.

The culmination of this process is found in modern financial bailouts of private - sector («socializing the losses» to savers).

Notably, the National Financial Work Conference has been the stage for: forming agencies to regulate the insurance and securities industries and bank bailout strategies in 1997, creating banking regulators and listing state - owned banks on exchanges abroad in 2002, creating the sovereign wealth fund, establishing the China Investment Corporation in 2007, which currently has assets of $ 813.5 billion, and developing methodologies for dealing with the global financial crisisFinancial Work Conference has been the stage for: forming agencies to regulate the insurance and securities industries and bank bailout strategies in 1997, creating banking regulators and listing state - owned banks on exchanges abroad in 2002, creating the sovereign wealth fund, establishing the China Investment Corporation in 2007, which currently has assets of $ 813.5 billion, and developing methodologies for dealing with the global financial crisisfinancial crisis of 2008.

Europe is mired in a quagmire of financial bailouts, budget deficits and austerity measures, bleak circumstances that have already fostered social upheaval and are now ushering in political change.

That mega bank started as a financial supermarket that Rubin helped to make possible behind the scenes in the Bill Clinton administration, followed by a giant crash and the largest bank bailout in U.S. history from 2007 to 2010.

WILMINGTON, Del. (AP)-- Four former executives for the only financial institution to be criminally charged in connection with the federal bank bailout program were convicted Thursday of fraud and conspiracy charges.

Big financial firms started curtailing year - end bashes in 2008 as taxpayer bailouts, populist outrage and weak profits created an environment where lavish celebrations were frowned upon.

Four former executives for the only financial institution to be criminally charged in connection with the federal bank bailout program have been convicted on fraud and conspiracy charges.

Michael Hewson, Senior Market Analyst at CMC Markets in London, says Carney has gained a lot of «brownie points» for his handling of the financial crisis, given that Canada was the only G7 country that did not have to receive a banking bailout during the financial crisis that started in 2008.

Promptly after, the hedge fund would lose $ 4.6 billion in four months in the aftermath of the Asian financial crisis, requiring a bailout from the Federal Reserve and various banks.

Crude - oil futures fell sharply in London trade Monday as the euro - zone bailout for Cyprus» embattled financial sector sent shivers through the market and pushed the dollar higher.

Citigroup, however, the bank that spectacularly blew itself up with toxic derivatives and subprime debt in 2008, became a 99 - cent stock during the crisis, and received the largest taxpayer bailout in U.S. financial history despite being insolvent at the time, today holds more derivatives than 4,701 other banks combined which are backstopped by the taxpayer.

Despite a government bailout of financial firms costing hundreds of billions of dollars, 8.8 million jobs and $ 19.2 trillion in household wealth were lost, according to a U.S. Treasury report on the crisis.

And third, compensation in the form of stock - based pay encourages CEOs to take excessive risks to boost share prices, risking a financial crisis and taxpayer bailout.

And the governments don't want to have to bail those guys out like they had to bailout the banks back in the first financial crisis.

However, after enormous bailouts of the largest financial institutions in the country, as well as the auto industry, and even more monetary ease than in 2003 (accompanied by TARP, the stimulus plan, QE, and QE2); we started another cyclical bull market within the secular bear market.

European leaders in Brussels reportedly reached a third bailout deal for Greece on Monday morning, after more than 17 hours of talks on the thorny subject of reforms and more financial aid for the near - bankrupt country.

This authority is a wholly rational response to the gaping hole in our financial architecture evinced by the catastrophic Lehman failure, where policymakers» only alternatives were uncontrolled bankruptcy or taxpayer - financed bailout.

Ryan Miller, market analyst at Western Union Business Solutions, adds: «With similarly bloated financial sectors showing signs of stress in countries like Slovenia, Malta and Luxembourg, the message is clear: Future euro bailouts will have more - costly strings attached.»

Beyond the financial sector, the ongoing bailout of U.S. auto producers is leading to more government intervention in that industry.

The Bush administration announced a $ 700 billion bank bailout in September 2008, and financials rallied, before crashing again in early 2009, amidst rumors of a general bank nationalization.

Since 2008 - 9, however, most political debate has focused on restoring the UK economy to «business as usual»: Although the power of government was used to stabilise the financial system through bailouts and nationalisations, in stark contrast to the 1930s New Deal era, there is no apparent enthusiasm for entrusting the state with new powers and responsibilities.

Whatever the huffi ng and puffing of those who did not have to resort to a government bailout, everyone involved in the financial services industry has the taxpayer and political intervention to thank for preventing total meltdown.

He said though the funds were normal entitlements of the state coming in forms of excess crude, bailouts and Paris Club refunds, Osinbajo said the money has helped the states in small measure to settle most of their financial challenges.

But despite the financial incapacity, MASLOC, through its Chief Executive, Steve Amoah, is strangely providing a bailout for the company by giving it a Letter of Comfort to enable it go in search of a loan to procure the multimillion dollar over-aged vehicles contract.

(CNN)- The Democratic Senatorial campaign committee is out Saturday with a new attack ad that paints senior Missouri Rep. Roy Blunt as a symbol of Washington insider politics and condemns the Senate candidate for voting for the federal government's massive bailout of the financial industry in 2008.

The question of party - funding reform is tied up with the financial and «technocratic» coups of the present time (the bailouts and the elimination of functional democracy in Italy and Greece).

Conservative and Liberal Democrat ministers are at loggerheads over plans for sweeping reforms to Britain's banks aimed at avoiding another taxpayers» bailout in a future financial crisis.

The protests come as governments across the eurozone push through cuts to public sector pensions, wages and services, in return for a financial bailout.

The big guys might have held back in order not to offend the populace, but the numbers do not lie: Financial - services workers collected more than $ 20 billion in bonuses in 2009, the Year of the Bailout, which is 17 percent more than last year.

Also declared dead: a financial bailout of a 13 - month - old commercial casino located between Rochester and Syracuse; the casino operator blamed its revenue projection shortfalls on the Seneca Nation of Indians and its marketing effort to lure gamblers to its casinos in Buffalo and Niagara Falls.