Sentences with phrase «financial collapse last»

The government's actions to avoid financial collapse last fall — as distasteful and unfair as some undoubtedly were — were unfortunately necessary to prevent a global economic catastrophe that could have rivaled the Great Depression in length and severity, with profound consequences for our economy and society.

Gov. Andrew Cuomo had pledged support for Puerto Rico as the island's government faced financial collapse last year, including helping with debt structuring and lobbying Congress.

Not exact matches

For many investors, last year's stock market gains helped make up for the heavy losses inflicted by the 2008 financial collapse.

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

With regard to recent performance, which has been positive but modest since the market peak last year, the main factor that has kept our returns relatively restrained despite the collapse of financials has been the simultaneous collapse of technology and consumer stocks, with cyclicals and commodities providing the greatest support to the major indices.

Last week, the E.U.'s chief negotiator, Michel Barnier, gave 10 Downing Street a two - week deadline to provide clarity on withdrawal issues, including its financial settlement as it leaves the E.U. Barnier also said that contingency plans exist should the Brexit talks with the E.U. collapse.

Jim Rogers, financial guru and chairman of Rogers Holdings, sat down with a German news outlet this weekend in which he argued that central banks worldwide are printing money against gold and it can't last forever, which will lead to a collapse in... [Read more...]

In contrast, the economic and financial situation in Indonesia has continued to slip, with the forces set in train by the initial collapse of the exchange rate last December / January proving very destructive in terms of both the political and economic structure.

The cost of insurance against defaults by European banks reached an all - time record for that reason last Friday, and banks stopped lending to each other on the interbank market «portending an imminent collapse of the financial system.

The collapse of UT and Capital banks in August last year shook the financial market and triggered calls for the Central Bank to take its regulatory role seriously.

Because of the collapse of the financial markets in the Great Recession, cities and counties have been billed increasing amounts in the last few years to keep the New York State Pension Fund healthy.

I agree with you, Richard, that there is much less of a problem is clubs pick up the tab for the extra tax (and I am relieved to think that Arsenal's sensible financial management over the last few years ensures they would not subsequently collapse..)

«The New York State Common Retirement Fund's strong gains over the last four years have mitigated some of the impact of the financial market collapse of 2008 - 2009,» DiNapoli said.

THE GLOBE AND MAIL - Dec 2 - IllicitEncounters.com said it has seen a huge increase in the number of financial workers signing up to have affairs after the collapse of the markets in October last year, and that «finance» continued to be one of the most represented professional areas on the site. IllicitEncounters.com has more than 380,000 members across Britain of which ~ 20,000 work in «financial services»

The Illinois legislature mandated the position last fall as part of a complex package of laws that kept Chicago's schools from financial collapse.

Last month a police investigation into the financial running of a collapsed academy chain has found that no crimes were committed.

This asset would save countless families from financial ruin and would become the last place truly protected from greedy investors, untamed government and financial collapse.

The discount window, while providing last resort funding for situations that have some prospect of containment, is not intended to be the final funding source for financial institutions that have absolutely no hope of survival due to a complete collapse in confidence.

In light of the events of the last few weeks when financial companies collapsed in rapid succession, an all - weather portfolio is what all of us need.

We're all so scarred by the memory of the Global Financial Crisis (just to properly capitalise it), we forget the US market (for example) has only suffered four major collapses in the last century.

In the 12 months since my last state of the sector address, we've experienced a major financial crisis, a freeze up in the credit markets, a collapse in housing prices and sales, record foreclosures, a painful recession, a huge jump in unemployment, a surge in bankruptcies, and a dramatic increase in the demand for NFCC Member services.

And remarkably, even as global financial markets collapsed last October, 1 % saw its biggest growth during that month.

With last year's collapse of Dewey & Leboeuf LLP, it's becoming more common in the U.S. for lawyers to be the ones trying to do their due diligence on a firm's financial stability.

The financial crunch is not a recent phenomenon in Dubai, which like most other world markets started to feel the effects of the economic downturn late last year after the collapse of Lehman Brothers.

From recent regulatory enforcement priorities such as insider trading, high - frequency trading, financial crisis investigations, the Foreign Corrupt Practices Act (FCPA), Bank Secrecy Act / AML violations, accounting fraud, and hedge fund collapses to some of the most significant matters over the last decade, such as auction rate securities, market timing, RMBS, LIBOR, FX, late trading, IPO allocation, and Wall Street research, our securities enforcement and white collar defense lawyers have been at the center of every major initiative affecting the financial services sector.

With all this fear of (and talk) about a financial collapse, can this upturn last?

But in the last days before the financial collapse, investors spent millions to renovate The Georgian with finishes typical of a new class - A property.