Sentences with phrase «market came to a screeching halt»
When hundreds of S&Ls failed in the early 1990s, the market came to a screeching halt.
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«What happens [with the new rule] is the whole business acquisition market could come to a screeching halt.»
Unfortunately for the big life insurer, as well as everyone else in the commercial mortgage - backed securities market, an international credit crisis spilled over into the U.S. bond markets and CMBS deals came to a screeching halt.