Sentences with phrase «financial house of cards»

The financials are beyond me but a bunch of people who know this kind of stuff seem to agree that the structure is, to repeat what's now a cliche, a financial house of cards.

It suggests the person is one disruption away from having their financial house of cards collapse.

In fact, the collapse of the district's financial house of cards, in 2003, came after three straight years of tax cuts by the school board.

The economy was based on a financial house of cards, which came tumbling down in 2007.

Not exact matches

While they can reward hardworking employees, options also smack of financial and accounting gimmickry that could someday collapse a company's equity like a house of cards.

After all, despite being led by respected corporate lawyer Purdy Crawford, the market restructuring committee in question was put together to find a solution acceptable to institutional investors and the financial community, including the power brokers who built the ABCP house of cards in the first place.

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.

In any case, Sarandos said, the potential reward vastly outweighed whatever financial and reputational risk «House of Cards» represented.

My suspicion is that the government realized that CEFC was a house of cards, and the financial strains of the Rosneft acquisition would bring the house tumbling down.

St. Louis financial planner Chad Slagle recommends determining how much coverage to get this way: «Add up all your debt — autos, house, credit cards, outstanding student loans — and calculate how much insurance would pay off that debt and then give you enough interest income to cover your expenses while staying home to take care of your family.»

On the stand, Howe admitted to a long history of financial fraud: Embezzling more than a million dollars from his firm, stiffing contractors that did work on his house, running up debt on a friend's credit card, and once defrauding a bank of $ 45,000 that he said he'd deposited in what was actually an empty envelope.

However, if your financial house is in order and you are able to live within your budget, paying your monthly bills with a credit card could make a lot of sense.

If you lose your job, your entire financial house - of - cards comes tumbling down.

Using credit card balance transfers and debt consolidation loans for tidying up your financial house of blues may or may not work.

However, credit is an unavoidable aspect of one's financial life, especially if you need to buy a new car, house, get a loan, get a credit card, you get the picture.

In an economy where housing problems dominate the headlines, high interest credit cards still remain one of the largest issues consumers face in their fight for financial health.

Misuse of cards can really bring down your financial house.

Once you've moved into the fixed income reality of retirement, elimination of your credit card, automotive and housing debt will position you well in the event you face any financial emergencies (health care?)

David is our in - house financial advisor with years of experience in the credit card industry.

Services: Cambridge Credit Counseling offers a variety of counseling services covering topics such as credit cards, housing, reverse mortgages, foreclosures, bankruptcy and overall financial education.

I was thinking of pulling some equity from our house to pay off the credit card and catch up on the missed mortgage payments, does this make financial sense to you?

For many borrowers, managing student loan repayment is one more financial burden they have to consider on top of housing costs, credit card payments, car loans and more.

Stretching to meet a mortgage is placing your finances at great risk as one major setback can cause the whole house of (financial) cards to come down.

Also in the news: What to do if you can't get a student credit card, how to lessen the financial pains of moving, and how to photograph your house for Airbnb.

As all of you might now, the top three debts that American households endure are housing loan in first place, followed by student financial loans in second and credit card liabilities in third.

With nearly 600 member offices serving 50 states and Puerto Rico, our NFCC Certified Credit Counselors are financial advocates, empowering millions of consumers to take charge of their finances through one - on - one financial reviews that address credit card debt, student loans, housing decisions, and overall money management.

What worries me is that the same clique pushing for a global CO2 tax are the same sociopaths rigging our economies and our financial system and promote a shooting war with a nuclear power to provide them with a scape goat when the house of cards collapses.

But the near - collapse of financial markets is a compelling reminder to investors and policy - makers that credit card houses are precarious structures.

He did that as an artistic statement: «The purchase of this house on my credit card is a deliberate financial transaction suggesting the link to credit, sub prime mortgages, property ownership, debt, loans, the financial markets, property speculation, boom and bust.»

Much existing law about payments will remain in force, as many mobile apps will use the existing «rails» or channels of moving money: wire transfers, debit / credit cards / stored - value cards, financial institution clearing houses, and cheque clearing systems.