Not exact matches
This abysmal level has been seen only
twice previously: in early 1990 and
during the 2008 - 09 financial
crisis.
The sequels of the
crisis are still there: At the end of the last reserve reporting period in mid-April, distress borrowing at the Fed stood at
twice the «normal» levels observed
during the time preceding the onset of the 2008
crisis.
The stock value lost by GE in the past 12 months is
twice the amount that vanished when Enron Corp. collapsed in 2001 — and more than the combined market capitalization erased by the bankruptcies of Lehman Brothers and General Motors
during the financial
crisis.
This is also happening at a time when institutional investors are thinking
twice about allocating money to hedge funds, which didn't provide much in the way of diversification when the markets tumbled
during the financial
crisis yet charged famously high fees for their services.
In real terms, adjusted for inflation, motoring fuel has never been this expensive - except for just
TWICE in history,
during historic
crises of supply: the Suez
crisis and the OPEC blockade.
But today, investors are paying
twice as much for each dollar of earnings as they did
during the period prior to the financial
crisis.