Sentences with phrase «trouble during the financial crisis»
Why did the investment banks get into trouble during the financial crisis?
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These firms, the Carlyle Group, Apollo Global Management and Oaktree Capital Management among them, have been raising billions of dollars during Europe's sovereign debt crisis to buy loan portfolios, corporate bonds and other holdings from troubled financial institutions on the Continent.
Advising the US Department of Treasury in establishing and implementing several major programs during the financial crisis for the purpose of recapitalizing financial institutions and transferring troubled financial assets (e.g., TARP, HAMP, Hardest Hit Fund).
This is troubling as American business attempts to recover ground lost during the financial crisis and reach prerecession levels of prosperity.
The company persevered after some missteps in the mid-2000s — including backing the $ 8.5 billion purchase of Station Casinos, which ended up going bankrupt, and getting crushed on Xanadu, the trouble - plagued $ 2 billion retail and entertainment complex in New Jersey's Meadowlands, during the financial crisis — and Barrack now has a personal fortune that's estimated at $ 1.3 billion, according to the Bloomberg Billionaires Index.