Not exact matches
Forecasters tended to overestimate the drag from federal budgets deficits during the late 1980s, the
banking crisis in the early 1990s, and most of the
subsequent crises that we faced during the past two decades.
The
banking crisis itself and the
subsequent credit crunch and massive recession it caused could have been avoided by properly regulating the
banks.
Schneiderman, who is running for a second term, pushed for tougher settlement terms with large, mortgage - holding
banks in the wake of the housing
crisis and
subsequent financial meltdown.
He said U.S. efforts to bail out its own troubled
banks after the financial
crisis and the
subsequent rise in public debt may mean «we are going to have another lost decade or two.»
(Bloomberg)--
Banks burned by soured home loans in the aftermath of the housing bust and
subsequent financial
crisis found a quick replacement: mortgages secured by commercial properties ranging from malls to offices.