I think he is beating the historical standard for coming
out of a financial collapse and a mortgage collapse.
The only thing that grates about this film is the fact that these guys all made mega-bucks
out of the financial collapse of 2008.
Not exact matches
For shareholders, it made
financial sense to get
out of the industry a year ago, when mining stocks and coal prices were
collapsing.
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.»
Credit default swaps figured prominently in the
financial crisis, notably in the near -
collapse of American International Group, a giant insurer that sold protection to investors in home mortgages but couldn't pay
out on the policies when the housing market crashed.
Then when the
financial crisis hit, investors yanked US$ 75 billion
out of such funds, which Greenberger argues was the driving force behind the
collapse in commodity prices in 2008.
Circling back to the mall / REIT ticking time - bomb, while the Fed can keep the stock market propped up as means
of preventing an immediate nuclear melt - down in U.S. pensions (all
of which are substantially «maxed -
out» in their mandated equities allocation), the
collapse of commercial mortgage - back securities (CMBS) will have the affect
of launching a nuclear sub-missile directly into the side
of the U.S.
financial system.
In surging, gold blurted
out the Deep State Central Planners» strategy for dealing with the Great
Financial Crisis: the hyperinflation
of bond, equities and real estate prices via the hyperinflation
of both official and totally clandestine, off - the - books money supply, in order to create the hyperinflation
of tax revenues desperately required by the government to forestall its fiscal
collapse.
Yacktman said there's 3 opportune times to buy: when the whole market goes down /
collapses (like the
financial crisis
of 2008), an industry shortfall (like 1993 with concerns
of changing the healthcare industry), or an individual stock temporarily
out of favor.
When Hillary Clinton called him
out for wanting to capitalize on a housing
collapse (despite the
financial damage it did to millions
of people), Trump replied by saying:
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.
The majority
of European nations & North America who voted for immorality are on the verge
of financial collapse do u think that any politician can get straiten
out the economy?
With Barcelona likely to emerge La Liga winners, Perez is soon going to face the music from stakeholders in the club as well, which includes the Madrid administration which pulled the club
out of the brink
of financial collapse in pre-Perez days in 2000 by buying its training ground and its famous Bernabeu Stadium.
«As chief global economist
of Bear Stearns for 15 years, David Malpass not only helped cause the
financial collapse, he made millions and forced taxpayers to bail him
out,» said Gillibrand campaign spokesman Glen Caplin.
The
collapse or forced bail -
outs of a series
of large,
financial institutions in 2008 threw both markets and governments into turmoil.
In the week that banks were
collapsing the man who wants to run our economy not only said: this is not a problem caused by the
financial markets but went on to say and, I quote, «that it's a function
of financial markets that people make loads
of money
out of the misery
of others.»
The film sees the Australian filmmaker uses the frame
of a crime story — about two low - level criminals (Scoot McNairy & Ben Mendelsohn) who rip off a mob card game, and the enforcer (Brad Pitt) tasked with taking them
out — to tackle the 2008
financial collapse and bailout, and many took issue with a perceived unsubtlety in his approach.
At the peak
of the
financial crisis in 2008, Citigroup, one
of the largest
financial institutions in the country, had to be bailed
out by taxpayers to prevent it from
collapsing.
The bubble was a combination
of (a) teaser rates on option ARMs which were like
financial time bombs, (b) liar loans in which the rules
of good mortgage underwriting (20 % down, 28/36 ratios) went
out the window, (C) people at rating agencies who decided that if one pools enough junk loans into one bond, it's magically AAA, and (D) Credit default swaps which encouraged these bad loans, and when they
collapsed a number
of people walked away with billions
of dollars.
If we had not figured
out that the housing market was going to
collapse and taken steps to short a lot
of financial stocks and protect ourselves, I don't know if we would be around today.
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.
«Mr. Krugman explains most economists initially considered the 2009 recession to be the simple byproduct
of the
financial crisis (which it has turned
out not to be)... «As a result, many economists — myself (Krugman) included — turned to a view that stressed nonbanking issues, especially the broader effects
of the
collapsed housing and the overhang
of private debt.»
OTHER He is well - known for being prescient about the 2008
financial crisis; the Asian crisis months before it happened; warning his clients to cash
out before Black Monday in 1987; forecasting the burst in the Japanese bubble in 1990; correctly predicting the
collapse in US gaming stocks in 1993; foreseeing the Asia - Pacific
financial crisis
of 1997/98; and so on.
This was / is true
of most
financial insurance, title insurance, etc., and as such, many such insurers got wiped
out in the
collapse of the housing bubble, because they did not realize that they were taking one big nondiversifiable risk.
For months — years, really, — we heard fears expressed about what terrible things were going to happen: airplanes were going to drop
out of the sky,
financial markets were going to
collapse.
Thai turbine - terrorists, RATCH have also reacted with crazed panic; and have put everything up for grabs — clearly hoping to get
out of a brewing
financial collapse by way
of the «greater fool theory ``, that vendors
of toxic assets rely on when they're looking to ditch them in a hurry.
Damian developed an innovative and successful resolution scheme with several
of Australia's largest banks arising
out of the
collapse of Australia's largest private
financial planning company.
Taking all the fun
out of being a tycoon Unfortunately, a wreck followed with the global
financial crisis that erupted that year and the
collapse of real estate and credit markets.