Sentences with phrase «of bailing out banks»

Here is a dollop of common sense: instead of bailing out the banks, above and beyond the FDIC, we should be attaching a windmill to every house where the savings in electricity will generate / pay for the mill and its installation.
We would been a lot better of, if instead we decided to give a $ 100,000 dividend to every income tax payer instead of bailing out the banks.
Labour could be calling for democratic public ownership of the bailed out banks guardian.co.uk / politics / 2012 /...

Not exact matches

In effect, Ottawa has bailed out Canada's banks in advance of any future housing catastrophe.
The sums of money squandered on bailing out banks are difficult to grasp.
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.
U.S. taxpayers ended up bailing out big banks and others to the tune of over $ 700 billion.
Just as critically, banks were on the verge of collapse, and were bailed out with billions of dollars in taxpayer money.
The government stopped short, however, of bailing out the company as it did with major banks during the 2007 - 09 financial crisis.
Together with the European commission and the European Central Bank, the IMF forms the troika that bailed out Greece in 2010 and 2012 and is responsible for monitoring whether Athens is keeping to its side of the cash - for - reforms bargain.
The Eurozone crisis could be ended tomorrow if the European Central Bank (ECB) announced it was going to launch a mammoth campaign to continue buying the bonds of troubled members of the European Community (EC) until growth in EC output and employment bailed them out of their debt burdens.
About a month ago, Ross and other international investors invested $ 1.8 billion in Eurobank — becoming the bailed - out Greek bank's biggest shareholders in another sign of growing market confidence in Greece.
Britain's banks could cope with a «disorderly» Brexit without needing to curb lending or be bailed out by taxpayers, the Bank of England said Tuesday, after an annual health check on lenders.
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.
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.
As Paulson, Geithner and the Federal Reserve chairman, Ben Bernanke, raced to bail out banks and companies like A.I.G., Bair resisted, fearing that they were being overly generous by putting the interests of bondholders over those of taxpayers.
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.
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-...]
Opponents of the Icesave agreement explain that they want to appeal to the EU rules regarding bank bail - outs and the Ecofin understanding that any agreement would preserve Iceland's economic viability.
Sir Philip Hampton to exchange similar roles from bailed out bank to embattled pharmaceutical company at the end of 2015
Sir Philip Hampton, chairman of Royal Bank of Scotland, is to quit his role at the helm of the bailed - out bank to take the same position at the embattled pharmaceutical company GlaxoSmithKlBank of Scotland, is to quit his role at the helm of the bailed - out bank to take the same position at the embattled pharmaceutical company GlaxoSmithKlbank to take the same position at the embattled pharmaceutical company GlaxoSmithKline.
Because of the extreme leverage, the Federal Reserve and Wall Street investment banks had to bail the fund out in order to prevent widespread financial havoc.If you want to read a fantastic story about LTCM, we recommend you check out When Genius Failed.
Huge national banks shuttered, bankrupt, corporations that employed thousands wiped out, TBTF reinsurers bailed out with taxpayer money, amazingly flawed misallocation of resources financing pipedream «Green Energy» companies with no product, and no market even if they did have a product, etc..
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.
By «clean exit» the EU means that Greece must sell off enough of its assets to pay the ECB for the money it used to bail out bad loans of French and German banks and bondholders who financed tax evasion and capital flight to Switzerland and elsewhere for over 25 years.
«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.»
When Eurozone Finance Ministers met on November 9th in Brussels, they were set to discuss a release of bail - out money in exchange for the latest reform package from Athens along with EU fiscal policy and the banking union.
Since a bankrupt central bank sounds like a stupid idea, the government has to bail it out to the tune of $ 100m, which is the net loss to the fiscal authority.
Strauss - Kahn wanted to be president of France, and therefore had to press to bail out French banks, which were the major holders of Greek bonds.
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.
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.
Italy could be about to undermine the whole European banking union concept by attempting to put in place a large bail out of many of its struggling banks.
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.
Two of the Biggest Bailed Out Derivative Banks, Citi and Merrill, Get Fined for Breaking Derivatives Rules
(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?
This stops bank failures disrupting money and payments and hence helps achieve monetary outcomes desired by the Austrian school of economics: reducing excessive state interference in the market for credit (through bank regulation, lender of last resort and bail - out) and discouraging unsustainable money and credit expansions (leading to financial crisis and depression).
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....
The governments bailed out the banks in September 2008, and again in various increments through the Spring of 2009.
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)
for most of the period in which detroit was declining the big 3 were making big profits (of course they had to be bailed out in 09 but that was because they had become banks as much as car producers but thazts a detail)... so content «board» declining «club» seems to describe detroit pretty well to me
You asked where out youth system is, well where was yours when Fabregas was on your books??? Now weve turned him into the player he is today you want him back and think you have some claim over him because your greedy bastards and think you have the right to do as you please because the spanish banks and governments will bail you out... ha ha ha you plank, im sure you would point to messi as a product of your GREAT youth academy yet if we were to point to Fabregas, Song, Van Persie, Clichy, Ashley cole and Wilshere you would no doubt claim he is spanish.....
The House also mandated the Central Bank Of Nigeria (CBN) to within one week report and explain the utilisation of Salary Bail - out Fund given to stateOf Nigeria (CBN) to within one week report and explain the utilisation of Salary Bail - out Fund given to stateof Salary Bail - out Fund given to states.
The troika (of the IMF, European Commission and European Central Bank) overseeing the conditions for, and implementation of, Greece's bail - out programme expect ongoing austerity plans to be observed.
But neither the African governmental officials nor the private foreign banks who made the decision to loan in the first place lose out, as European and North American governments step in to provide further financial assistance for African countries as they begin to lapse on loan repayments: «In effect, public money from the governments of industrialised countries -LSB-...] helped to bail out the private creditors» (p. 33).
The government owns 84 % of the Royal Bank of Scotland and 43 % of Lloyds, after bailing out the two banks at the height of the global financial crisis.
It was characterised by huge bail - outs of banks and a global response — namely close co-ordination among central banks and a G8 / G20 - led economic stimulus.
The second part of the agreement involves a common resolution scheme whereby when any eurozone bank gets into trouble the scheme will decide whether to bail out the bank or let it go bust, with all eurozone governments jointly bearing the cost of the bailout.
Experts estimate taxpayers are currently losing almost half of their # 45 billion investment in the bailed out bank.
Once banks reach a certain size, the state is forced to bail them out if they run into trouble because of the systemic risks they pose to the economy.
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