Sentences with phrase «worst financial crisis»

And their coming of age in the midst of the worst financial crisis since the Great Depression has bred distinct traits that could pose special challenges for the nation's future growth and prosperity.
The new gallery has been planned for a year and a half, but the opening coincides with the worst financial crisis the world has known since 1929.
The 2008 financial crisis is widely considered to be the worst financial crisis in the U.S. since the Great Depression.
Over the past decade, GIS stock has increased more than 165 %, and in 2008 — when the rest of the United States was struggling to survive the country's worst financial crisis since the Great Depression — GIS was actually up more than 9 % and sales activity increased 7 %.
I got caught squarely in the worst financial crisis in a century.
The investment objective was to purchase a number of asset managers — and in little more than a year, facing into the worst financial crisis since the»30s, they acquired four companies: Wood Asset Management, Boyd Watterson, Sovereign Holdings (since absorbed into Boyd), and National Investment Services.
That implosion caused the worst financial crisis since the Great Depression.
As a result, the bluest of aristocrats had a lower draw down during the (possibly) worst financial crisis of our lifetime.
The worst financial crisis in a century, an international banking collapse and global recession: it is enough to make a publisher cry all the way to the bank.
In 2008, the world held its breath as the worst financial crisis unfolded.
But on September 14, the financial firm Lehman Brothers filed for bankruptcy, triggering the worst financial crisis since the Great Depression.
Such designs are at the heart of the NYCHA head's NextGeneration plan, which Mayor Bill de Blasio commissioned to deal with what he called «the worst financial crisis» in the authority's 81 - year history, and to take the entity from hundred million dollar deficits to equally large surpluses.
This is, at this moment, the worst financial crisis in the history of NYCHA.»
He said the former chancellor could «take pride» that he «helped steer our country through the worst financial crisis to hit the world in living memory», adding: «His was a calm head when calm heads were needed.?»
Mayor Bill de Blasio unveiled today his administration's long - awaited «NextGeneration NYCHA» plan, designed to address what he called the «worst financial crisis» in the New York City Housing Authority «s eight - decade history — and simultaneously construct 10,000 new low - cost apartments that will count toward his ambitious affordable housing agenda.
In 2008 as the world was engulfed in the worst financial crisis since the 1930s, both Nicolas Sarkozy and Gordon Brown evoked the memory of Bretton Woods, and a rethink of the world financial system.
Derivatives haven't had a good press ever since credit default swaps triggered the worst financial crisis since the Great Depression.
A bipartisan majority of senators has chosen to commemorate the 10th anniversary of the worst financial crisis since the Great Depression by handing big banks and their lobbyists a package of deregulatory gifts, increasing the risks to financial stability and the likelihood of consumer abuse, including racial discrimination in mortgage lending.
Not bad considering the multitude of challenges that have faced global banks over that period, including the worst financial crisis since the Great Depression.
The good thing about going through the worst financial crisis in history and surviving is that the next go around won't be as bad.
This is the same Jamie Dimon who didn't need a cash infusion when Hank Paulson summoned chief executives of the nine largest U.S. banks to the Treasury in October 2008, handed them an agreement to sell shares to the U.S. government and told them to sign it; the same Jamie Dimon who managed to steer JPMorgan through the worst financial crisis since the Great Depression and remain profitable; the same Jamie Dimon whom the government tapped to buy Bear Stearns Cos. to prevent potential fallout from its collapse; the same Jamie Dimon who was held up as amodel for how a bank should be run.
Because this was the worst financial crisis in the United States since our Great Depression, conditions within our national economy produced instability, which naturally provoked a reaction from the Federal Reserve.
As CEO, he weathered the worst financial crisis since the Great Depression and steered the firm back from a reputational nadir, when it faced scrutiny and fines over how it sold mortgage - linked securities.
But in the wake of the worst financial crisis since the Great Depression, those same banks are managing an ever - expanding regulatory burden just to stay in business.
In the midst of the worst financial crisis of our generation and record high joblessness levels, we must retain these entrepreneurs.
Incidentally, why publish a book called «The Forever Portfolio» during the worst financial crisis in history.
It was the beginning of the worst financial crisis in Argentina's history — and by some estimations the worst peacetime financial crisis in the history of the world.
The trade ministers» cheery attitude towards further financial liberalization begs the question of how bad the financial crisis would have to get before they thought twice about permanently deregulating the sector through trade commitments.
The company has compounded its earnings per share at an annual rate of 15.41 % over the last decade, which is almost unheard of for such a large company over a stretch of time that included one of the worst financial crises my generation will probably ever see.
The 2008 meltdown and aftermath was only nine years ago, so every stock in the portfolio managed to raise its dividend during the worst financial crises since the Great Depression.
Once the center of the richest empire in Europe, Lisbon now faces one of the worst financial crises in the EU.
The situation can lead to a worse financial crisis for the family who might struggle to float in the absence of the income of the policy holder.

Not exact matches

Were China's troubles to spark a new global financial crisis, the effects would be still worse.
Due to the order cushion in 2008, sales actually increased during the worst part of the financial crisis, from $ 3.6 billion in 2008 to $ 3.9 billion in 2009 — but then, the order drop - off caused sales to plummet to just over $ 3 billion in 2010 and 2011.
For bank shareholders, bad memories of the financial crisis are fading into history.
The banking system has been weak for years as most institutions have failed to deal with the high level of bad debt in the wake of the financial crisis.
I would encourage you to remember that the current low levels of interest rates, while in the first instance a reflection of the Federal Reserve's monetary policy, are in a larger sense the result of the recent financial crisis, the worst shock to this nation's financial system since the 1930s.
By the end of 2012 analysts began asking why the company was performing worse than it had during the peak of the financial crisis, when consumer confidence was even lower.
Either way, somehow eight years after the financial crisis, with the economy on the best footing it has been in years, the uncertainty that is out there over a Trump Presidency just doesn't seem so bad, at least for one day.
Earlier in the session, the Dow was tracking for its worst week since October 2008, during the financial crisis.
The entire industry was nearly wiped out during the worst of the financial crisis, but Genworth persevered, wisely expanding its business overseas to more stable markets like Canada and Australia.
Earlier in the session, the index was on track for its worst week since October 2008, during the financial crisis.
The Italian banking system has been a problem for the third - largest euro zone economy since the financial crisis due to the high level of bad loans across all institutions.
The good news is most believe China's vast foreign currency reserves should protect it — and the rest of the world — from a worst - case scenario: a systemic financial crisis.
But the SEC never prosecuted the worst offenders in the 2008 financial crisis — and it even failed to pursue Bernie Madoff, despite the fact that it had been tipped off about his scam long before he confessed.
The buffer is put in place to ensure that lenders do not get themselves into the same positions that they did during the financial crisis, protecting themselves from debt going bad and triggering another credit crunch.
The index dropped more or less steadily until the worst moments of the financial crisis in fall 2008, causing the full - on crash, and it began to turn around only in March 2009.
Archard is optimistic that the worst of the American financial crisis is over.
According to research by Pascual Restrepo of the Massachusetts Institute of Technology (MIT), the 2007 - 08 financial crisis made things worse: between 2007 and 2015 job openings for unskilled routine work suffered a 55 % decline relative to other jobs.
They also earned a bad reputation during the financial crisis when unscrupulous lenders pushed such loans on some unwitting borrowers who were unable to refinance and ended in foreclosure.
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