Sentences with phrase «government bail»

The RBS Rights Issue Litigation is the collective name for numerous claims brought against the ailing bank by former and current shareholders who purchased shares in the # 12bn rights issue just months prior to the bank's # 45bn Government bail out in 2008.
The wonderful outcome of this experiment was the first run on a British bank since 1878, and a # 27bn government bail - out.»
Did you know that not one single bank in Belize went bankrupt or required a government bail - out during the worst of the Great Recession?
Why should the government bail out company A and not company B?
So removing culpability from the borrower and having the government bail them out sets a ludicrous precident.
I personally would ask «why did the government bail out all of those banks» rather than «why didn't the government bail out Lehman.»
Stressing that the temporary reliance of the state government on federal government bail out funds for the payment of salaries was not peculiar to the state, the statement said many others, including those controlled by the opposition PDP, had received bailout for salary payment.
We have distracted them with talk of bank bail - ins and other financial gossip to keep their thinking off of what is actually a much more profound and necessary outcome: government bail - ins.
He is expected to discuss the auto industry's improvement after the government bailed out General Motors and Chrysler shortly after he took office.
The debt is mostly blamed on Irish banks, which the government bailed out after the housing market collapsed in 2008.
While the government bailed out Wall Street, it has failed to provide a backstop to help average Americans recover.
In September, after the government bailed out the American International Group, the faltering insurance giant, for $ 85 billion, Mr. Paulson helped select a director from Goldman's own board to lead A.I.G.
(In response to the AIG collapse, the U.S. government bailed out the company to the tune of $ 185 billion.
In its wake, the federal government bailed out banks and automakers, investors lost confidence in the markets, and many questioned the viability of the financial system.
The governments bailed out the banks in September 2008, and again in various increments through the Spring of 2009.
A few years ago, when the railroads protested that they were losing money on passenger service, the government bailed them out by forming a quasi-public corporation, Amtrak, to «socialize» their losses.
«The workers that the government bailed out were in difficult situation because they had school fees, house rent and other bills to pay, and this bailout was aimed to reduce crime and tension because some of them could have resorted to criminal activities if not for the government's intervention,» the statement said.
Existing prediction systems failed to forecast the global crash of 2008, which led to several governments bailing out their banks and European nations, such as Greece, Portugal, Ireland and Spain, being plunged into a sovereign debt crisis.
Anyone can see what appends when the USA government bails out the American automotive industry and doesn't rise a single cent on gas taxes in 30 years to - at least - repair the tens of thousands bridges and millions of miles of main roads!
When AIG could not post additional collateral and was required to provide funds to counterparties in the face of deteriorating reference obligations, the U.S. government bailed them out.
Ridley resigned, and the UK Government bailed out the bank, leading to the nationalization of Northern Rock.
The insurer became a symbol of the U.S. financial crisis in 2008 when the government bailed out the company for $ 182 billion in exchange for an equity stake.

Not exact matches

«If the «bail - in» of junior bondholders is not announced simultaneously with a bailout of retail investors, the announcement likely would severely hurt the popularity of the parties belonging to the coalition government,» Fois from Barclays said.
At the nadir of the financial crisis in early 2009, Scotiabank CEO Rick Waugh again warned that foreign competitors (freshly bailed out by their respective governments) could wreak havoc on Canada's Big Six.
With debts and pension obligations outweighing the company's value, it approached the government and its lenders for a bail - out, but failed to reach a deal.
The government will bail them out, and the results will mirror the enormous success of British Leyland,» wrote one respondent, referring sarcastically to the U.K. automaker that went belly up after a long decline starting in the 1970s, despite government assistance.
Some banks weren't able to lend for a while because of TARP,» Geshwiler says, referring to the Troubled Asset Relief Program, the federal government's program for bailing out banks hit hard in the financial crisis.
In 2008, at the start of the financial crisis, Freddie Mac, along with its sister company Fannie Mae, was on the hook for piles and piles of unwise mortgage loans, and had to be bailed out by the government.
The government stopped short, however, of bailing out the company as it did with major banks during the 2007 - 09 financial crisis.
And GM did go bankrupt in 2009, after being bailed out by the federal government.
It may now be forced to default on its debt to international lenders if not bailed out by the Russian government.
Jay Z bails on the Nets, parsing the weird productivity tips of historical figures, San Francisco partners with Kiva.org, the CBO weighs in on a government shutdown, Twitter and GoDaddy get together, online merchants ditch credit - card processing, ethical fashion gets a bump, tips for delivering a knockout speech... This week's notable news and tantalizing tidbits for entrepreneurs.
The move represents the first major acquisition for Britain's biggest mortgage lender, which is part - owned by the government, since it was bailed out during the 2007 - 09 crisis.
Romney opposed using government money to bail out Chrysler and General Motors, instead favoring privately financed bankruptcy restructuring.
When the city of Lillehammer could only scrounge up $ 289 million to foot the bill, the oil - rich Norwegian national government ended up bailing out the city with the rest of the $ 1 billion in order to avoid national embarrassment.
AIG nearly failed during the financial crisis and had to be bailed out by the US government.
«Wealthfront and Betterment have never been bailed out by the government,» he explains.
Additionally, some point to funding advantages that the biggest banks may gain for their size and market assumptions that the government would bail them out during another crisis, regardless of changes to the system under Dodd - Frank.
My memory is failing, was it Bitcoin or was it JP Morgan that was bailed out by the government?
When your entire paychecks derive from other peoples» work, and the government is always standing in the shadows, ready to bail out your profits with the tax dollars of actual workers, you're not a «risk taker» — you're a parasite!
After all, in the wake of the crisis many Western governments, including France and the United States, bailed out their financial sectors and many of their leading companies.
The same was true of a nonbank like A.I.G., which the government wound up bailing out just two days after allowing Lehman Brothers to fail.
The debt deal, which came on Friday after about 19 similar summits since the start of the debt crisis (with few results), called for countries that use the euro to allows two European bailout funds to aid European banks directly, rather than make loans to governments to bail out the banks.
On May 17, then, Nigel Wright was still on the government payroll as the Prime Minister's hand - picked, cheque - writing, naughty - senator - bailing - out chief of staff.
An economist who correctly predicted the fall in oil price this year has told CNBC that the U.S. government could look to bail out its energy sector in 2015 as the commodity's low price starts hitting the country's economy.
The government is called on to bail them out by issuing bonds, and to pay the interest charges either by raising taxes or cutting back spending programs.
The German government has had to bail out German banks in Düsseldorf and in Saxony — banks that had faith in the packaged mortgage debt that U.S. financial institutions and money managers were selling them.
As poverty intensifies, governments are urged to bail out the economy's savers at taxpayer expense, cutting back wages even while shifting the tax burden from property onto labor.
The guiding mentality of Tony Blair - style «New Labour» policy is economic loyalty to Europe's financial centers as government spending is slashed, public infrastructure privatized and banks bailed out with «taxpayer» burdens that fall mainly on labor.
The real purpose of this regulatory rewrite is to make sure that the government can bail out the banks» bondholders and even bail out the stockholders as well as the banks themselves.
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