Lord Jopling, a Conservative peer and former minister, has asked the Government how much it is spending
on bailing out banks:
The sums of money squandered
on bailing out banks are difficult to grasp.
Most recently, limits to banking executives» pay were imposed by the Treasury
on bailed out banks after the 2008 financial crisis.
Not exact matches
The debt is mostly blamed
on Irish
banks, which the government
bailed out after the housing market collapsed in 2008.
Remember the
bank bail outs when people realized that simply walking away from their home loans were far easier than continuing to pay a mortgage
on a house that was worth far less than they owed for it?
Just as critically,
banks were
on the verge of collapse, and were
bailed out with billions of dollars in taxpayer money.
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.
Billions have poured into Cyprus over the past few years, but in March the EU had to
bail out the country's
banking system, resulting in a new levy
on bank deposits $ 100,000.
Euro zone officials have long debated setting up a deposit insurance scheme but Germany opposes this, fearing that German taxpayers would be asked to foot the bill for
bailing out weaker
banks on the currency bloc's periphery.
Rather than scaling back the U.S. economy's over-indebtedness, for instance, the Treasury and Federal Reserve have
bailed out the
banks to save them from taking a loss
on debt write - downs.
(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.
Geithner and Obama lobbied the IMF and ECB shamelessly to
bail out Greece, simply so that it could pay bondholders, because U.S.
banks had issued credit default insurance (CDS) against Greek bonds and were
on the hook for a big loss if a default occurred.
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.
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.
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.
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.
He credits the Fed with seeking to «create jobs,» not mainly to
bail out banks that hold mortgages
on properties in negative equity.
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)
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.....
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).
If the
banks are being
bailed out I don't see why the government couldn't insist
on something like this.
The economy is teetering
on the brink, our currency is plummeting and
banks survive
on bail outs.
Speaking
on the sector's Financial Services Compensation Scheme bill from the
bail out of Bradford and Bingley and the Icelandic
banks, he said «what is notable... is that there has been no requirement for any government bailout of the building society sector; rather difficulties have been dealt with within the sector.
Despite entering the crisis with a low level of public debt — roughly 40 % of GDP — and a moderate deficit compared to many European nations, the UK's ability to take discretionary fiscal action was limited by the burden of
bank bail -
outs on public finances.
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.
They then come up with another bizarre statement, that «government is
on trial as well as the markets» when everyone actually knows there is a need for restoring a strong positive role for government which alone was able to
bail out the
banks and prevent a global economic crash as well as alone having the capacity to deal with soaring energy bills and transport fares, tackle climate change, and counter the bonus greed and tax avoidance of the super-rich.
«AMERICA and the
banking bail out were high
on the agenda for party activists who got the chance to grill Labour Party leader candidate David Miliband.
What if, as James Patterson has campaigned for, they succeed in convincing the government that Amazon is being predatory, that traditional publishing is necessary, and the government starts protecting and
bailing out big publishing like they did with the auto and
banking industry and putting sanctions
on Amazon?
Central
banks are still adding to liquidity, perhaps to
bail out banks who have made bad loans to parties
on the wrong side of securities trades.
While the
bailed out banks refuse to loan money, Congress is playing politics and small business owners are left depending
on high cost private loans.
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.
The bankrupt
banks being
bailed out on the taxpayers dime probably own alot of the commercial mortgage backed securities that are gonna tank next.
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.
When Germany capitulates
on how far it is willing to go to
bail out its neighbors — when there's a credible TARP - like plan for European
banks as well as a stabilization of LIBOR rates — equities will rocket skyward.
The global asset bubble financial economy has made many leveraged bets
on expensive assets under the assumption the global central
banks will always keep rates low and if we have a correction
bail investors
out.
now they are
bailing out the
banks while are seniors are collecting less than 2 %
on there savings.
Concern is growing that the credit market crisis, and the role governments are playing to
bail out banks, could have a devastating effect
on markets for carbon and
on government support for renewable energy.
The wonderful outcome of this experiment was the first run
on a British
bank since 1878, and a # 27bn government
bail -
out.»
While you can rely
on the
Bank of Mom and Dad to
bail you
out of trouble, or put the bills
on your credit card, isn't it about time you take responsibility?
When she stops with the agreements to support
bail -
outs for Greece, Italy, Portugal, Ireland, and now Spain, which has just asked for same, all by the way being Socialist governanced polities which have bribed their voters for over forty years with financial favours for votes, with their own money, except Germany, then the domino effect begins re runs
on banks,
bank failures, double - digit unemployment everywhere, recession morphing into depression across the zone.
The companies, which purchase and guarantee home loans, used to have a business model similar to the largest U.S.
banks: They generated abundant profits for shareholders thanks in large part to low borrowing costs, which in turn depended
on the assumption that the government would
bail them
out if they got into trouble.
So, you think that if the FMV of the collateral
on the loan drops that is a sufficient resaon for a
bank or any lender to
bail out and take a loss?