Sentences with phrase «financial crisis for»

The situation can lead to a worse financial crisis for the family who might struggle to float in the absence of the income of the policy holder.

Advising the US Department of Treasury in establishing and implementing several major programs during the financial crisis for the purpose of recapitalizing financial institutions and transferring troubled financial assets (e.g., TARP, HAMP, Hardest Hit Fund).

Joseph Romm at Climate Progress has a very insightful comment on the lessons from the US financial crisis for climate policy: «Is 450 ppm (or less) politically possible?

The major credit rating agencies (Moody's, Standard & Poor's, and Fitch) were very heavily criticized during the 2007 - 2008 financial crisis for giving perfect credit ratings (e.g. AAA) to bad subprime mortgage - backed CDOs — which ended up being a big contributing factor to the financial crisis.

Heck, even from 2008 to 2009, during the financial crisis for heaven's sake, the company managed to grow profits per share from $ 2.25 to $ 2.92.

I read through the Third Avenue report... I generally like the way they do things though Marty Whitman got whacked in the financial crisis for owning too many low quality financials.

Investors and consumers are likely to live with the repercussions of the financial crisis for years to come.

Puerto Rico has been mired in a financial crisis for years — now compounded by the devastation caused by Hurricane Maria.

In keeping with the customary «more is more» approach of remake culture, this Going in Style mines the financial crisis for deeper motivation for the old timers» robbery — Caine's house is being foreclosed on, and all three protagonists see their steelworkers» pension fund dissolved.

The announcement sets up a financial crisis for the commonwealth of 3.6 million people that could have substantial repercussions for the municipal bond market and lead to higher borrowing costs for local governments across the United States.

This failure was all the more notable, given that the press was widely criticised — notably by the Treasury select committee — during the financial crisis for its lack of historical perspective that might have informed its coverage.

«We had an election 18 months ago and Labour lost after the biggest global financial crisis for 100 years.

Also, if you're the sole or main breadwinner of your household, invest in life insurance to prevent a financial crisis for your dependents in case you're no longer in the picture.

Under this law, a major oil spill could trigger a financial crisis for Kinder Morgan, Inc..

We could try pointing to the 2008 financial crisis for an explanation, but that affected everyone.

He's credited with one of the greatest investments of all time in his risky buyout of petrochemicals maker LyondellBasell, which he purchased out of bankruptcy amid the financial crisis for north of $ 2 billion.

After making several appearances on network TV and authoring columns on the financial crisis for Slate, the disgraced politician was recently tapped by CNN as co-host of a nightly news and discussion program alongside journalist Kathleen Parker.

«I think of these as high - tech Beanie Babies or 21st - century tulips,» says Robert Hockett, a law professor at Cornell who gained notoriety after the financial crisis for proposing that cities use «eminent domain» to buy out underwater mortgages.

Accordingly, at a conference of the California Teachers Association (CTA), the union briefed its activists on the potential consequences should the unions lose in Friedrichs, citing loss of revenue; fewer resources; decline in membership; reduced staffing; increased pressure on the CTA pension and benefit system; and potential financial crises for some locals.

It is also harming consumers (especially the poor) and causing financial crises for those governments who try to shield some businesses and consumers from the real energy costs.

Not exact matches

The end of the money - for - nothing policy that the world's central banks put in place after the 2008 financial crisis is nearly in sight.

The financial crisis of 2008 taught them that blind pursuit of profit can have catastrophic consequences for society.

By 2009, the NEB pegged the break - even price for new oilsands projects at a U.S. $ 55 - 70 / bbl WTI price, and the expected quantity had been scaled back largely due to the financial crisis, to less than 3 million barrels per day by 2015.

The financial crisis coincided with a dry winter on the slopes, which meant a double whammy for anyone in the ski and snowboard business.

They're also a potentially important move for banks, which have been criticized for moving too slowly to provide credit to small businesses in the wake of the financial crisis.

Alliance Data's Ed Heffernan is credited for keeping the company afloat and optimistic in the aftermath of the financial crisis.

At various points in the Clinton, Bush, Obama, and Trump administrations, new stock market records and historically low unemployment rates were used as a synonym for a booming economy, or after the financial crisis, to signal that the economy was recovering — even though many workers and households experienced stagnating or steadily declining incomes for years or even decades.

But private funding for such projects evaporated after the financial crisis in 2008.

A financial crisis was about to hit, and millions of Americans would soon become desperate for cash.

When we bought our first plane, air travel was considered very expensive, extremely frustrating and awfully dull; more recently, the banking sector has been held responsible for the financial crisis and global recession, so we used our reputation to instil some trust and, as Virgin Money's slogan says, «Make everyone better off.»

Heading into January 2016 this issue became a major concern for investors, particularly as it became apparent these loans, taken together, are three times larger than the sub-prime loans that caused the 2008 financial crisis.

Wall St villains now saviours Wall Street fund managers - the very people blamed for the sub prime crisis that sparked the global economic meltdown - will be given an almost free ride to buy $ US1 trillion worth of toxic assets crippling the financial system.

«All this talk of decentralization is just bullsh*t,» said Nouriel Roubini, an economist known as Dr. Doom for predicting the chaos of the 2008 financial crisis.

In the depths of the financial crisis in 2011, Brian Moynihan — who'd been the unexpected pick for CEO a year before — predicted that Bank of America would soon be earning well over $ 20 billion a year.

And while Federal Reserve Senior Loan Officer Surveys indicate some easing of loan terms for small businesses has occurred, it hasn't occurred as much as terms were tightened during and after the financial crisis, she noted.

Members of Congress are working to adjust aspects of the Dodd - Frank regulatory overhaul, which was passed in the aftermath of the financial crisis in an effort to tighten the behavior of a banking industry blamed for much of the economic instability.

The global economy is set for one of its best years since the financial crisis, but recession risks are increasing, said UBS Chairman Axel Weber.

For bank shareholders, bad memories of the financial crisis are fading into history.

Since the financial crisis it has become increasingly challenging for central banks to maintain price stability without compromising other political objectives, such as encouraging economic growth.

The banking system has been weak for years as most institutions have failed to deal with the high level of bad debt in the wake of the financial crisis.

In 2009, for example, he bashed «fat cat» Wall Street bankers for accepting big pay packages in the aftermath of the 2007 - 2009 financial crisis at a time when many Americans were suffering hardship.

Indeed, little of substance about our vast, interconnected, highly leveraged, nontransparent, global financial system has changed since the crisis (see «Are We Ready for the Next Meltdown?

All along, he preached an idea that seems only more poignant today, in the wake of the 2008 financial crisis: that capital can be corralled to do society good while it does well for itself.

The sell off in the market for high yield debt, or junk bonds, is now hitting a type of structured bond that is similar to the the type that blew up in the financial crisis.

«Retail clients, who don't fully understand these products should be protected from going into these products, because if there is a retail client affected in the future, the question will be again who was the bank that sold them these products and then banks will be blamed again for what has happened,» Weber said in reference to some banks being criticized for selling complicated financial products prior to the global financial crisis without explaining them in full.

But while BofA's net income rose in 2015, nearly all of that increase can be attributed to the fact that, unlike in 2014, BofA didn't have to pay a nearly $ 17 billion settlement with the government for financial crisis - related activities.

Interest rates have remained at unprecedented lows since the financial crisis in 2008, providing more incentive for Canadians to jump into the housing market.

The dark days of the financial crisis seem to be over for North American banks with one analyst telling CNBC that rising interest rates will boost margins and increase optimism after a period a readjustment for Wall Street lenders.

Prices for homes there — particularly in Vancouver — have been skyrocketing, as the developed market least affected by the financial crisis becomes overloaded by foreign cash.

Eight years after a devastating recession opened an era of loose U.S. monetary policy, the Federal Reserve was set on Wednesday to raise rates for the first time since 2006, in a sign the world's largest economy had overcome most of the wounds of the global financial crisis.