Sentences with phrase «funded bailout money»

Not exact matches

Lord Turner, the former head of UK banking watchdog, has sparked controversy by warning taxpayer money will still need to be used to fund bank bailouts across Europe.

The eurozone's central bankers, as well as some of the less charitable politicians in the region's lending countries, say Spain must first request that money from the central bailout funds and agree to stringent conditions in return for support.

«It's not so much about the funds, the Europeans have enough money to lend to Greece,» an official close to the bailout talks, who asked to remain anonymous due to the sensitivity of negotiations, told CNBC earlier this week, adding that the issue is more of credibility.

The tense negotiations over Greece's debt come as the Greek government struggles to find a consensus to pass the budget reforms demanded by its so - called troika of lenders — the European Central Bank, European Union and International Monetary Fund — in exchange for releasing the next installment of bailout money, a 30 billion euro ($ 38.3 billion) payout scheduled to be released in March.

On Bloomberg television last week, James B. Lockhart III, the former head of the Federal Housing Finance Agency (Fannie and Freddie's regulator) commented on the bailout funds already provided to Fannie and Freddie, saying «Most of that money will never be seen again.

«It was eventually revealed that major Wall Street banks, foreign banks and hedge funds received more than half of AIG's bailout money ($ 93.2 billion).

Half of the bailout money effectively went in the front door of AIG and then out the backdoor to the big Wall Street banks and hedge funds that had used AIG as their counterparty to guarantee their bets on Credit Default Swaps.)

The theory is that giving public guarantees and bailouts will enable financial managers to use some of the money to fund some projects that employ people — with newly created, non-unionized companies, presumably.

If the 13 - month - old del Lago Resort & Casino can't make enough money to stay afloat, a national gaming expert says, there's a solution for that: Bankruptcy, not a taxpayer - funded bailout.

He said though the funds were normal entitlements of the state coming in forms of excess crude, bailouts and Paris Club refunds, Osinbajo said the money has helped the states in small measure to settle most of their financial challenges.

Cuomo is proposing a $ 28 million bailout for the Yonkers school district in Westchester County, using money from a new $ 100 million fund to help failing schools in upstate.

What Albany is doing is pushing this money into their general fund every year, and as such, it's a bailout for Albany.»

YONKERS, N.Y. (AP)-- Gov. Andrew Cuomo is proposing a $ 28 million bailout for the Yonkers school district in Westchester County, using money from a new $ 100 million fund to help failing schools in Upstate New York.

But that didn't go anywhere because of stiff congressional opposition to using money from the TARP bank bailout fund.

A chieftain of the All Progressives Congress in Bauchi State and former Minister of Police Affairs, Dr. Ibrahim Lame, has called on President Muhammadu Buhari to stop giving bailout funds to state governments, advising, however, that the money be judiciously used in executing some projects in states.

They are using our bailout money to fund the opportunity to charge us more and destroy our credit worthiness with respects to our FICO Scores.

The Fund will have a cash bailout of credits it holds, as long as each credit instrument performs in accordance with the money terms of the instrument as they exist at the time they were acquired, or as they might be modified.