President Obama has
taken financial bailouts to a new level and there is more money available than any time in history.
Not exact matches
The economic crisis magnified this venomous cycle: «Whether it's
financial bailouts or oil spills, it seems every time one turns on the television there is some executive testifying before Congress... blaming other organizations rather than
taking any accountability.»
Since a brief post-prostitution-bust silence, he's
taken to commenting in the media on the
financial crisis, skewering Goldman Sachs, the AIG
bailout and others in the Washington Post, Slate; appearances on MSNBC; and an interview with our very own Henry Blodget.
The latest BoA ML survey follows several weeks of rollercoaster markets around the world with investors
taking fright at a series of geopolitical and
financial risks including Gaza, Ukraine, Iraq and the
bailout of Portugal's Banco Espirito Santo.
However, a budget deficit that
takes the form of transfer payments to banks, as in the case of the post-September 2008 bank
bailout, the Federal Reserve's $ 2 trillion in cash - for - trash
financial swaps and the $ 700 billion QE2 credit creation by the Federal Reserve to lend to banks at 0.25 % interest in 2011, has a different effect from deficits that reflect social spending programs, Social Security and Medicare, public infrastructure investment or the purchase of other goods and services.
Though on a smaller scale and in a subtler manner, it has in many ways
taken a page from the United States Federal Reserve's playbook for the 2008
financial crisis, which has been roundly criticized in Europe as a reckless
bailout that risks setting off uncontrolled inflation.
And third, compensation in the form of stock - based pay encourages CEOs to
take excessive risks to boost share prices, risking a
financial crisis and taxpayer
bailout.
Senate Minority Leader Mitch McConnell (R - KY)
took to the Senate floor today to repeat the false assertion that the pending
financial reform bill will lead to further taxpayer - funded
bailouts.
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.
Gilbert's style is hard - hitting; though many
financial companies
took advantage of government largesse, few practically considered the possibility of
bailouts while the boom was going on; they were pursuing profit with little thought of systemic risk.
Private mortgage insurers, who put their own capital at risk to mitigate mortgage credit risk, provided over $ 50 billion in credit risk protection since the
financial crisis to the GSEs and did not
take any taxpayer
bailout.
Many of the automakers are offering special financing deals right now as well, because of the economic state of the country and the
financial bailout that they
took from Washington.
Yes, I know the company is still being shunned by many institutional investors because many of them were burned during the
financial crisis of 2008 when the Treasury
took a majority equity position during the
bailout.
Certainly not worth
taking when you're talking about the entire planet, when you simply can't have a
bailout like for the
financial institutions.
Bank of America execs have
taken over $ 35 million in bonuses and compensation even as the troubled
financial instritution
took government
bailouts.
The case being significant because it makes the bank the first to be charged for its actions during the
financial crisis, even if those actions were
taken to avoid a
bailout.
The company has stayed strong and resilient throughout the 2007 - 2008
financial crisis, and has reused to participate in the Troubled Asset Relief Program (TARP) and has not
taken any kind of federal
bailout.
Federal regulators
took over the two companies during the 2008
financial crisis, eventually injecting them with $ 187.5 billion in
bailout money.