There will be
a total financial disaster and long - term economic collapse!
Not exact matches
It issued a
total of 1.5 billion shares to buy Countrywide
Financial (a
disaster) and Merrill Lynch (in retrospect, a good buy), then from 2008 to 2013 issued an astonishing 4.5 billion extra shares to bolster its capital and skirt bankruptcy, at the expense of existing owners.
These highly sophisticated investments have contributed to
financial disasters from the 2008 bankruptcy of Lehman Brothers to J.P. Morgan's 2012 trading losses in London, which
totaled more than $ 6 billion.
Financial help has come for
disaster - impacted central New Yorkers: Thursday morning, Governor Andrew Cuomo appeared at Herkimer County Community College, where he announced that the state had issued more than 12 - hundred checks
totaling around $ 13.6 million in flood relief to victims in Oneida, Herkimer, Madison, Montgomery and Niagara counties.
Today's dividend cuts by a few
financial firms is unpleasant, but not a
total disaster in a reasonably diversified portfolio.
Like a junk food eater who ignores diabetes because he feels okay right now, we tend to think of devastating, macro-level
financial catastrophes in an abstract «out - of - sight - out - of - mind» way... until
disaster hits our doorstep with
total -LSB-...]
I've kept them not for investment purposes but for unforeseen
financial catastrophes, real great
disasters like national default on debts or
total government collapse in Washington.
This will raise your premium price somewhat, but can save you from
financial disaster if your new car gets
totaled.