Sentences with phrase «of financial collapse after»

Not exact matches

His legal background proved invaluable in 1991, when the state of California and its insurance commissioner John Garamendi seized Raleigh's then - financial partner Executive Life Insurance Company after the value of the insurer's multibillion - dollar portfolio collapsed — a fate tied to its massive investments in the junk bond market of the go - go 1980s.

CIMB's latest announcement came two years after the collapse of a potential $ 20 billion three - way merger to form one of Southeast Asia's largest financial groups.

Following this result, financial markets were sent into a tailspin with futures diving overnight, the British pound collapsing, and US stocks, after finding some stability early in the day on Friday, tumbling into the close as the Dow and S&P 500 wiped out all of their gains for 2016 in one fell swoop.

An executive of a U.S. wealth - management firm told me that after the financial collapse in 2008, some of the bright young advisers were communicating with wiped - out clients via emails that said, essentially, «Sorry, we can't help you.»

If the issuers of that insurance have to start paying up, many analysts fear the same sort of falling dominoes of i.o.u.'s that cascaded through the financial industry after the subprime mortgage market collapsed in the United States in 2007 and 2008.

(Reuters)- Britain's revenue collector is preparing to abort its plans to tax Bitcoin trading only days after the currency's leading exchange, Mt Gox, collapsed after losing almost $ 500 million of customer deposits to hackers, the Financial Times reported.

Once again, there is minimal demand for autos and housing, and that is partly because the market is still saturated with both of these credit - sensitive big - ticket items after an unprecedented credit and consumer bubble that went absolutely parabolic in the seven years prior to the collapse in the financial markets an asset values.

As the graph below shows, after the QE - driven big bounce from the 2008 collapse in the financial markets, the high yield market has largely drifted sideways since the middle of 2010.

In the wake of the global financial crisis, Fortress bought bad loans in Italy and has a track record in Japan, where it bought hotels held by Lehman Brothers after the bank collapsed in 2008.

The resulting deregulated and unregulated institutions have brought us one financial crises after another — the savings and loan scandal, the bubble and bust in Real Estate Investment Trusts, the collapse of the hedge fund, Long Term Capital Management, which threatened to set off a daisy chain of bond defaults, and more.

It is nothing short of fiduciary negligence that Congress has allowed this dangerous banking system to remain unreformed eight long years after the greatest financial collapse since the Great Depression.

After a rough go of it during, and after, the financial collapse, Tronox reinstated its dividend in 2012 to the tune of a 4.8 % yAfter a rough go of it during, and after, the financial collapse, Tronox reinstated its dividend in 2012 to the tune of a 4.8 % yafter, the financial collapse, Tronox reinstated its dividend in 2012 to the tune of a 4.8 % yield.

A decade after having proclaimed the «end of history» and the arrival of a new world order of prosperity based on «democracy and the market», globalised financial capital has subjected the majority of the planet's working populations to the burden of international recession, which has spread out in leaps and bounds, from Asia: recession and deflation in the world's second economy, Japan; recession and even depression m various east Asian countries, since the first quarter of 1997; the collapse of the Russian economy six years ago and financial bankruptcy in July 1998; brutal recession in the leading economy of Latin America, Brazil; the beginning of the downturn in the economies of the OECD countries.

Inaugurated in 1999 as a meeting of finance ministers from developed countries and emerging economies, the G20 has turned into a top - level summit coordinating the global response to the financial crisis after the collapse of Lehman Brothers in 2008.

It was a moment unimaginable in the governor's first term, or in his four years prior as state attorney general, when he forged a reputation as a cutting - edge social liberal and a cast - iron fiscal conservative, a triangulating centrist contemptuous of public sector unions and of the anti-Wall Street outrage that erupted after the 2008 financial collapse.

Already support for the main parties is fraying at the edges — witness the results of the European Parliament elections in 2009, after Britain had been hit by the financial tsunamis from the collapse of Lehman Brothers and Northern Rock.

THE GLOBE AND MAIL - Dec 2 - IllicitEncounters.com said it has seen a huge increase in the number of financial workers signing up to have affairs after the collapse of the markets in October last year, and that «finance» continued to be one of the most represented professional areas on the site. IllicitEncounters.com has more than 380,000 members across Britain of which ~ 20,000 work in «financial services»

In fact, the collapse of the district's financial house of cards, in 2003, came after three straight years of tax cuts by the school board.

«But immediately after the launch, Lehman Brothers collapsed (prompting a global financial meltdown), which resulted in that segment of the market shrinking dramatically.»

Back then, we were at the peak of the financial crisis after the collapse of investment bank Lehman Brothers on September 16, 2008.

I had a feeling about the financial markets, and so around the end of September, after the collapse of Lehman Brothers, I invested in the ProShares UltraShort Financials ETF (SKF).

He mentions Norshield Asset Management, a Montreal - based fund of hedge funds that collapsed after allegations of fraud, and Abria Financial Group, which had a fund wiped out after a hedge fund it invested in made a bad bet on natural gas prices.

It is entitled: «The Financial Services Industry is Still the Largest S&P 500 Sector — Even after the Collapse of its Stock Values.»)

Drawing on everything from 18th - century rococo to 1970s punk, her recent work shows images of people surviving after civilizations collapse, though the nature of the cause is unclear, whether from climate change, social injustice or financial meltdown.

The financial crunch is not a recent phenomenon in Dubai, which like most other world markets started to feel the effects of the economic downturn late last year after the collapse of Lehman Brothers.

Bitcoin was created in 2009, in the wake of the near - collapse of the global financial establishment and soon after an individual or group using the name «Satoshi Nakamoto» posted a paper online discussing the idea of a decentralized digital currency free from interference by governments and financial institutions.

The 556 - room, $ 180 - million property opened in 2008, just days after the collapse of Lehman Brothers and the start of the nation's financial meltdown.

Salespeople around the country heaved a huge sigh of relief recently after the collapse of the much - talked - about affinity marketing deal that two large independent brokerages planned with the discount retailer Costco Cos. and AmeriNet, a newly formed financial services company.

«Both international and domestic demand for warehouse and distribution facilities are increasing, the former because of the recovery in international trade that commenced quickly after the [financial] collapse of 2009,» says Victor Calanog, director of research with New York - based researcher Reis.

If a seller instructs the listing agent not to show the property after a transaction is firm, then the agent must obey these instructions, but the agent should advise the seller that firm sales can collapse before completion for a variety of reasons (death of the buyer or one of the buyers, loss of job, financial disaster, unforeseen problems with the property itself, etc.), and the transaction is not a certainty until the transfer of title is complete and the money is in the seller's hands.