Sentences with phrase «while bailing out banks»

While the bailed out banks refuse to loan money, Congress is playing politics and small business owners are left depending on high cost private loans.

Not exact matches

Some banks weren't able to lend for a while because of TARP,» Geshwiler says, referring to the Troubled Asset Relief Program, the federal government's program for bailing out banks hit hard in the financial crisis.

Meanwhile, the US has seen all its investment banks go bust, sold off or hastily turned into traditional holding banks so they can be bailed out by Federal Reserve, while ginormous players in the mortgage space like Washington Mutual, Wachovia, and Fannie Mae and Freddie Mac have effectively bitten the dust as independent companies.

Bahrani showcases the greed involved in the real estate deals that leave homeowners taking the big losses, while banks and foreclosure agencies reap big financial rewards, with the deck firmly stacked in favor of bailing out the wealthy over the needy in desperate times.

Abacus: Small Enough to Jail (Google Play, Amazon Video, iTunes, Vudu, YouTube) In the wake of the ruinous late - 2000s subprime mortgage crisis, the family - owned Chinatown bank Abacus Federal Savings faced harsh legal comeuppance while the well - funded giants were bailed out and deemed too big to fail.

While other, larger banks were being bailed out by the government, Abacus, a Manhattan - based bank, was being tried by Manhattan District Attorney Cyrus Vance, Jr..

Instead, they use their high - quality balance sheet to bail out the liquidity problems of banks, broker - dealers, and maybe others, all while not expanding high powered money.

All the while the taxpayer is left holding the bag when banks are bailed out.

You could end up with a lot of nations in default, and shut out of the bond markets (the PIIGS), while the rest do seemingly fine, as they quietly bail out their banks.

now they are bailing out the banks while are seniors are collecting less than 2 % on there savings.

While you can rely on the Bank of Mom and Dad to bail you out of trouble, or put the bills on your credit card, isn't it about time you take responsibility?