Sentences with phrase «financial collapse in»

Most people who bought universal life policies 10 - 20 years ago, when 5 - 7 % fixed interest rates were the norm, never envisioned the financial collapse in 2008 or the extended low - interest rates that we are currently experiencing.

We almost need a financial collapse in this country to put people back on track.

We spoke with the young advisor about his strange experience overseeing the financial behemoth's corporate art collection before and after the titanic financial collapse in 2008.

Written By: Cal Burgess, Retirement Servicing Group PLLC Prior to 1980, there had not been a major financial collapse in the market since the Great Depression.

However, it's important to keep in mind that home equity loans were part of the reason for the financial collapse in the late 2000s.

During that time, she was working on three different projects, but they fell apart due to the financial collapse in the mid -» 00s.

AEK returned to Greece's top flight this season following the club's financial collapse in 2013, and has had a surprising first season back, occupying second place after 13 wins in 20 matches.

With Barcelona likely to emerge La Liga winners, Perez is soon going to face the music from stakeholders in the club as well, which includes the Madrid administration which pulled the club out of the brink of financial collapse in pre-Perez days in 2000 by buying its training ground and its famous Bernabeu Stadium.

«This predated the financial collapse in Puerto Rico.

While other Northern and Western European countries have seen their housing bubbles inflate since 2009 due to «safe haven» investment inflows, Iceland's Housing Bubble is unique because it has inflated (or reinflated) primarily due to currency controls that were enacted after its epic financial collapse in 2008.

An executive of a U.S. wealth - management firm told me that after the financial collapse in 2008, some of the bright young advisers were communicating with wiped - out clients via emails that said, essentially, «Sorry, we can't help you.»

Finland's crippling financial collapse in the early»90s brought fresh economic challenges to this «confident and assertive Eurostate,» as David Kirby calls it in A Concise History of Finland.

The left hates George Bush because he's a simpleton who got us into two unfunded wars and presided over one of the great financial collapses in our history.

Not exact matches

His legal background proved invaluable in 1991, when the state of California and its insurance commissioner John Garamendi seized Raleigh's then - financial partner Executive Life Insurance Company after the value of the insurer's multibillion - dollar portfolio collapsed — a fate tied to its massive investments in the junk bond market of the go - go 1980s.

The bond purchases, the third round of quantitative easing embarked upon by the Fed in the wake of the 2008 financial collapse and subsequent recession, have kept interest rates and bond yields low.

The financial crisis and poor Australian dollar is just two of a thousand excuses I have heard them use over the years to avoid taking responsibility, and justify in their own minds that the collapse of this company has nothing to do with the underhanded practices and their own poor management.

There is an immediate risk of financial chaos; maybe not the kind of chaos that followed the collapse of Lehman Brothers in 2008, but certainly some ugliness.

The collapse of global financial system in 2008 wrecked that fantasy.

That would prevent a default that would clog the global river of credit — much like the collapse of Lehman Brothers in 2008 — sparking another financial markets meltdown.

It is anomalous to see financial journalists talk about the futility of market timing in the stock market but then give the impression houses should be sold to avoid an anticipated collapse in prices.

In other words, the young upstart who made millions by predicting the collapse of the old guard owns a property made iconic in the tale of a battle between a young upstart and the old guard, on the eve of an earlier financial collapsIn other words, the young upstart who made millions by predicting the collapse of the old guard owns a property made iconic in the tale of a battle between a young upstart and the old guard, on the eve of an earlier financial collapsin the tale of a battle between a young upstart and the old guard, on the eve of an earlier financial collapse.

Take the case of Lehman Brothers, the financial services firm that collapsed in 2008 and played a big role in the global economic downturn.

The Basel Committee is still figuring out how to determine which domestic banks in any given country are systemically important — meaning if a bank were to collapse, could it severely destabilize the country's financial system?

When the Bank of Canada cut interest rates in 2015 to offset the collapse of oil prices, it was worried about more than a blow to gross domestic product; it was also thinking about what mass firings in the oil patch could mean for the financial system.

Following this result, financial markets were sent into a tailspin with futures diving overnight, the British pound collapsing, and US stocks, after finding some stability early in the day on Friday, tumbling into the close as the Dow and S&P 500 wiped out all of their gains for 2016 in one fell swoop.

China's commerce ministry has warned that protectionist sentiment is rising in the U.S. following the collapse of the Ant Financial - Moneygram deal.

Lehman Brothers collapsed in the fall of 2008 amid the global financial crisis and Great Recession.

So let's add that to the Zika virus, the open sewer of a harbour where the sailors and triathletes will compete, the street crime that has already made a victim of an Australian para-athlete and the financial and political chaos that includes a president facing impeachment, many other politicians facing indictments and the declaration of a «state of public calamity» in Rio de Janeiro, with a top state official adding that it is on the verge of «social collapse.»

The Guardian reports that Gunnlaugsson co-owned a British Virgin Islands — registered company called Wintris Inc., which reportedly held shares worth nearly $ 4 million in three Icelandic banks that collapsed during the financial crisis of 2008.

Billionaire hedge fund manager John Paulson has the distinction of having predicted the mortgage market crash in 2007 and the collapse of banks and financial firms in 2008.

With fresh funds, Greece should be in condition to meet deadline payments next summer and avoid a financial collapse.

Tusk goes so far as to say «the city and state are on the verge of financial collapse,» in an email interview with Inc..

This level approaches that witnessed in the U.S. and Britain just prior to the collapse of their respective financial systems and housing markets — a sobering thought.

The system collapse could result in TSB paying fines and compensation, while the Bank of England's watchdog the Financial Conduct Authority said it plans to talk to the firm to understand what went wrong.

In a quiet acknowledgment of these facts, the governor of the Bank of Canada, Mark Carney, was appointed as the new chief of the Financial Stability Board, a group of top fiscal experts trying to keep the global house of cards from collapsing.

Driving the change is a growing acceptance in the industry that revenue from print advertising, which collapsed during the financial crisis, is never coming back.

Moreover, CBO's latest baseline assumptions predict earnings to grow faster for high - income earners than for others in the next decade, [32] suggesting that the Great Recession and financial crisis may have had only a temporary impact on the rising trend of income gains at the top, much as the impact of the dot - com collapse in the early 2000s was only temporary.

He also recaps his highly profitable call on the collapse of the housing market back in 2006, and warns that the ongoing easy money - fueled five - year plus rally in global financial markets could «end very badly.»

This followed the 2008 Financial Collapse and the preceding decades of reliance on debt to create economic expansion in a world approaching the limits of growth.

Credit default swaps figured prominently in the financial crisis, notably in the near - collapse of American International Group, a giant insurer that sold protection to investors in home mortgages but couldn't pay out on the policies when the housing market crashed.

If the issuers of that insurance have to start paying up, many analysts fear the same sort of falling dominoes of i.o.u.'s that cascaded through the financial industry after the subprime mortgage market collapsed in the United States in 2007 and 2008.

The stock value lost by GE in the past 12 months is twice the amount that vanished when Enron Corp. collapsed in 2001 — and more than the combined market capitalization erased by the bankruptcies of Lehman Brothers and General Motors during the financial crisis.

The only comparable episode in recent history was the production deficit immediately before the 2008 Financial Collapse that lasted 11 months.

Under the burden of the financial collapse and the imposition of severe austerity on certain EURO countries the EURO area has never recovered and is not expected to in the near term.

Then when the financial crisis hit, investors yanked US$ 75 billion out of such funds, which Greenberger argues was the driving force behind the collapse in commodity prices in 2008.

Soon afterward, South Korea's financial regulator made it difficult to trade cryptocurrencies anonymously, and trading volumes in digital money such as bitcoin BTC = BTSP promptly collapsed in what had been their busiest market.

Just like in 2008, with the derivatives that have been layered into the mix, the embedded leverage in the commercial mortgage / CMBS / REIT model is the financial equivalent of the Fukushima nuclear power plant collapse.

Circling back to the mall / REIT ticking time - bomb, while the Fed can keep the stock market propped up as means of preventing an immediate nuclear melt - down in U.S. pensions (all of which are substantially «maxed - out» in their mandated equities allocation), the collapse of commercial mortgage - back securities (CMBS) will have the affect of launching a nuclear sub-missile directly into the side of the U.S. financial system.

But when interest rates collapsed after the financial crisis, companies were on the hook for contracts paying 8 percent, often more, in a plummeting rate environment.

Two former Goldman Sachs bankers and the sitting President of the Wall Street firm are taking high positions in Donald Trump's administration despite the egregious role that Goldman Sachs played in the 2008 financial collapse that cost millions of Americans their homes and their jobs.