Not exact matches
This is the same Jamie Dimon who didn't need a
cash infusion when Hank Paulson summoned chief executives
of the nine largest U.S. banks to the Treasury in October 2008, handed them an agreement to sell shares to the U.S. government and told them to sign it; the same Jamie Dimon who managed to steer JPMorgan through the worst
financial crisis since the Great Depression and remain profitable; the same Jamie Dimon whom the government tapped to buy Bear Stearns Cos. to prevent potential fallout from its collapse; the same Jamie Dimon who was held up as amodel for how a bank should be run.
Then there's the implicit guarantee given to large banks by the federal government: The bond market has increasingly come to believe that, in the event
of a
financial crisis, large banks will be rescued by the federal government, either through direct
cash infusions or Federal Reserve lending.
Megna writes in the letter that because
of the one - shot nature
of the
cash infusion (the state is receiving the money from
financial settlements with major banks), the spending can't be used for recurring expenses.
For many people, there comes a time when a quick
infusion of cash can get them out
of jam — an unexpected
financial crunch, a need to pay off high interest debt, a medical emergency, or when they come up short for a major purchase.
A quick
infusion of cash is usually necessary to alleviate short - term emergency
financial.
If you absolutely feel the need for a substantial
cash infusion to calm your
financial problems, make sure you get one that is affordable in spite
of your bad credit.
With the growth
of online lenders over the last several years, personal loans have become an increasingly popular
financial solution for people who need a quick
infusion of cash.
LendEDU Rating (3.73 / 5.0) For Average Credit See Full Ratings What we like: Quick funding time and unique application process For many people, there comes a time when a quick
infusion of cash can get them out
of jam — an unexpected
financial crunch, a need to pay off high interest debt, a medical -LSB-...]