The U.S. government insisted that it wouldn't bail out the banks, but no one believed it, so outfits such as Lehman Brothers Holdings Inc. carried on as if they had little to lose.
Not exact matches
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.
The problem isn't Deutsche
Bank in his mind, though — it's other
banks in a similar position that don't have countries like Germany to
bail them
out.
Such an arrangement, known as private - sector involvement, or P.S.I., has been pushed by Chancellor Angela Merkel of Germany as a way of forcing
banks,
not only European taxpayers, to foot the bill for
bailing out Greece.
(c. 21:53) «In America, President Obama and Treasury Secretary Timothy Geithner, say the economy can
not survive without
bailing out the
banks, without
bailing out the debt, without making the gamblers and the cleptocrats whole on what they have taken.
If a too - big - to - fail
bank got into trouble, she wrote, the F.D.I.C. would wind it down,
not bail it
out.
After all, we were told at the time that if taxpayers didn't open their wallets and
bail out the
banks, we could face a complete meltdown of the global financial system and an economic fate rivaling the Great -LSB-...]
«Why can we find millions for tax cuts and
bank bail outs and
not enough for kids?»
«The consortium of 40 +
banks (known as R3cev) which aims to do just that will inevitably develop something which: is permissioned (for users and developers like the apple app store), privatized, has fees, will
not be entirely transparent to everyone, will
not be open - source, it will definitely be inflationary to accommodate monetary policy of debasement and fractional reserve schemes, it will facilitate negative interest rates, central control of accounts for suspension / freezing of funds,
bail - ins,
bail outs, capital controls and transactions will include the identity of both sender and receiver and store that information in a centralized location for the convenience of hackers.»
Also, US President Obama and Treasury Secretary Geithner also told Angela Merkel that US
banks had made big bets — derivative gambles — that Greece would pay its bondholders, and threatened to hurt European
banks if they did
not pressure the IMF to
bail out Greece.
But Fed officials weren't ready for the unprecedented steps, such as
bailing out the giant insurer, American International Group Inc., that they soon would be taking in a tumultuous year that transformed the central
bank from obscure guardian of interest rates to aggressive fighter of financial crises.
And we certainly don't trust
banks or enjoy
bailing them
out.
Banks were
bailed out in full following the crisis, and now that they are worried about loaning into this market and holding loans on their books, referring to loans which would
not be guaranteed by either of the GSE's.
Now, governments aren't allowed to step in and
bail them
out, and I think that wounding down a big
bank is absolutely politically toxic for any leader so faced with that choice, most leaders would just break the rules and completely undermine the
banking union and that in itself could spark off
bank runs as well.
And the governments don't want to have to
bail those guys
out like they had to bailout the
banks back in the first financial crisis.
(figures from Market Ticker) Doesn't this suggest that the Fed is just about
out of firepower when it comes to
bailing out the struggling
banking system?
He credits the Fed with seeking to «create jobs,»
not mainly to
bail out banks that hold mortgages on properties in negative equity.
Spain's neighbors are rescuing the country's
banks, but the government itself was
not bailed out and bond investors are
not satisfied.
so you have a bunch of fake Christians with a non profit / no tax paying cathedral going bankrupt, and another bunch of pagan laced above the law non tax paying ped protecting catholics buying a cathedral (notice i did
nt say Christian), from a
bailed out by taxpayers
bank....
sorry this is a bit of the subject does anyone know what the situation with our overall debt is at the moment and what our repayments are i was under the impression that we are at about the # 245 million mark gross debt and about # 97 net debt are the stadium repayments lower now or something is the bonds interest dropped lower inprice we were paying something like # 20 - # 30 million in repayments but heard its down to about # 15 million per yr now i know we will have broken throught the # 300 million mark in revenue now i am guessing that contributes more to the transfer funds or if
not what makes up the transfer funds in the club i.e deals or match day revenue plus cash in the
bank which stands at a high level but must be just in case we might default on a payment we need heavy cash in hand to
bail us
out this side of the club really intrigues me as it is
not a much talked about subject unless you are into that type of area of work or care about the general fianacial outcome of the club does anyone have more insight into our finances would be great to hear from anyone about this matter cheers gonerwineverything (because we are)
He was opposed to
bank bail -
outs, he's against HS2 — even though it's
not planned to go through his Buckinghamshire constituency — and he voted against gay marriage.
If the
banks are being
bailed out I don't see why the government couldn't insist on something like this.
Those responsible for the
banking scandals that necessitated a
bail -
out from the Troika have
not yet been...
It wasn't cutting spending that brought this situation about, it was
bailing out the Irish
bank's debtors at the insistence of the ECB.
I personally would ask «why did the government
bail out all of those
banks» rather than «why didn't the government
bail out Lehman.»
In the Great Depression there were certain Jewish
Banks (
Bank of United States) that didn't get the same
bail out treatment as others.
The United States
not only
bailed out some of its
banks, but also AIG, a non-bank which was deemed to be «systemically important».
Open Europe, the Eurosceptic thinktank, also gave only a qualified approval: «Those outside the eurozone and
banking union should
not be discriminated against, will
not participate in eurozone
bail -
outs and can keep their own financial supervision macro pro prudential regulation.»
Fast forward to 2008, a year in which he says «even Ronald Reagan couldn't have gotten elected» and the $ 700 billion
bank bail -
out was on the horizon.
Pick a leader who will
not only
bail out banks and airlines, but also families from losing their homes — or jobs due to their companies moving to other countries.
Some will
bail out banks, which will invest in safe instruments in areas of the economy
not under threat.
From Michael Sesit at Bloomberg, there are four things for the central
banks to do in order to avert the crises: The world's major central
banks face four challenges as they strive to prevent the global financial system from unraveling and growth from stagnating: Acting in a concerted manner; improving transparency; deciding who gets
bailed out and who doesn't; and making sure whatever monetary medicine is administered doesn't come with destabilizing side effects.
Think of the
bailing out of money market funds and SIVs (
not the Super-SIV, which I said was unlikely to work), or the Sovereign Wealth Fund investments in some of the investment
banks.
But central
banks prolong cycles by
bailing out marginal ideas and
not letting them purge, also creating a culture where risk is
not respected, because the central
bank will ride to the rescue.
As an example, just because the
banks were
bailed out last time does
not mean that it will happen next time.
Unlike their wealthier counterparts in the top quintile, they won't have the liquid assets required to
bail them
out if the
banks start calling in their debts.
If the Greeks and other fringe members of the Eurozone default, and the core governments don't
bail the situation
out, those holding CP of core Eurozone
banks may take a loss.
If
not, let them fail, and
bail out your own
banks, which is cheaper than
bailing out the fringe.
Just to add that a train wreck at UBS would be the responsibility of the Swiss,
not the Americans — have the Swiss ever
bailed out a
bank with public funds before?
Personally I don't know how these
banks get away with raping the people who
bailed them
out.
Where possible, always keep your cash within the # 85,000 limit, as it's an aim but
not a promise to
bail out banks that fail.
Bank shareholders should
bail out,
not taxpayers.
He has argued that failed
banks should
not be
bailed out, Lehman's collapse was
not a disaster, AIG should be declared bankrupt, that naked short selling is
not a problem, that backdating isn't so bad, insider trading should be legal, many corporate CEOs are underpaid, global solutions are worse than local solutions, Warren Buffett is overrated, Michael Milken is a great American, the collapse of the hedge fund was
not a scandal, hedge funds are over-regulated, education is overrated by the educated, bonuses at successful Wall Street's firms are deserved and possibly undersized, management buyouts are boons to the economy, Enron's management was victimized by an over-zealous prosecution, Sarbanes - Oxley should be repealed, corporate compliance culture is a disaster, shareholder democracy is overrated, hostile takeovers ought to be revived, the market is permanently moving away from public ownership of equity in corporations, private partnerships are on the rise, public ignorance is encouraged and manipulated by governments and corporations, experts overrate expertise, regulatory agencies are controlled by the businesses they supposedly regulate and Wall Street is much more fun than people give it credit for.
Instead, they use their high - quality balance sheet to
bail out the liquidity problems of
banks, broker - dealers, and maybe others, all while
not expanding high powered money.
Now, part of this stems from a false belief system, thinking that we had to
bail out the
banks — we didn't need to
bail out the
banks.
ETF for India, China, Vietnam, etc.)-- Vanguard is good; I am in process of replacing the TD eFunds with Vanguard ETFs (I should have done it much earlier but they were under in my RRSP, it should have
not mattered, the corresponding ETFs were low too)-- Big companies are good (McDonalds, Starbucks, Pfizer, WM) until they are
not so perhaps I should get rid of them and buy more Vanguard ETFs — Buying distressed companies could be a winning proposition but have I very mixed results so better
not (BP and Transocean bought after the oil spill, Nortel, BlackBerry, and Nokia — BP and NOKIA good, Transocean under
not much, but under, BB very, very bad, and Nortel no comments)-- Berkshire is very good as it is a kind of ETF but what would happen after Warren Buffett (who would have thought AIG would need to be
bailed out and the shareholders wiped
out in the process or other cases where individuals brought companies down for example Barings the oldest
bank in England)
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?
This is
not a
bail out, like the
Banks.
The country's
banks did
not require
bailing out; the Canadian dollar is trading at record levels, and the country's pension funds — such as Stikeman Elliott client the Ontario Teachers» Pension Plan — are aggressively buying assets abroad.
Now, the Blade reports, «members of like - minded organizations» are camped
out in Sadler's yard carrying signs saying things like, «
Bail out people
not banks.»