The financial crisis is a stark reminder that transparency and disclosure are essential in today’s marketplace.
Financial trouble, financial crisis, medical trouble, I’ve seen it all. But I never experienced a moment of breakdown or self-doubt, somehow.
Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality.
Let us not forget, the financial crisis had its roots in the decision by Congress to embark on a course of social justice to get everyone that wanted a home into one, regardless of whether or not they could afford it.
I started out in public service in 1998 after the Asian financial crisis of ’97.
I think it is true that, post the global financial crisis initially – and for some period after that and particularly with how the mining investment boom and commodity prices played out – there was a dislocation that occurred in some of the more traditional mechanisms.
New policy tools, which helped the Federal Reserve respond to the financial crisis and Great Recession, are likely to remain useful in dealing with future downturns.
I always wanted to make ‘Freedom,’ but I had to drop the idea due to financial crisis.
Veterans are driven by the same frustrations that the public has with what is happening in Washington… the fiscal irresponsibility and the financial crisis that our country is facing.
The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength.
Food Stamp recipients didn’t cause the financial crisis; recklessness on Wall Street did.
The financial crisis revealed important weaknesses in many areas of our financial system.
I ran for Congress not because I was having a mid-life crisis. I left the private sector because I saw a looming financial crisis that was coming to this country. It’s unsustainable.
Funny money has always been the reason housing prices have risen too fast. First, it was liar loans and negative-amortizing mortgages, where the total amount you owed increased rather than decreased every month. We all know how that ended, with the global financial crisis of 2008.
The Cyprus Financial Crisis was a devastating blow to Cypriots and halted their banking system. Banks closed for two weeks to prevent a banking panic. When they reopened, capital controls were placed on the people’s money, and customers were met by armed guards at the branches.
The financial crisis of 2008 created a seismic shift in the dynamics of trust in financial services. FinTech would have happened without the global financial crisis – but it would have taken much longer.
2009 was a tough year, but Australia rose to the challenge of the global financial crisis. It shows what can be done when we all join together and work together, governments of all persuasions state, territory and local; businesses large and small; unions and local communities right across the nation.
I want to see somebody go to jail over the financial crisis and not just black, brown and poor whites over humbles and minor drug beefs.
What Adam McKay did with illuminating the financial crisis in ‘The Big Short,’ he’s now doing with the media in ‘Succession.’
If the Asian financial crisis had the impact of accelerating China’s rise, the transatlantic financial crisis has had the effect of accelerating Germany’s rise.
The financial crisis and the Great Recession demonstrated, in a dramatic and unmistakable manner, how extraordinarily vulnerable are the large share of American families with very few assets to fall back on. We have come far from the worst moments of the crisis, and the economy continues to improve.
Low-volatility funds, which tend to smooth out performance, have been especially popular since the financial crisis. The PowerShares S&P 500 Low Volatility Fund is the oldest, begun in 2011.
Being on a movie set is like one long financial crisis.
There is much to dislike about President Obama’s approach to the financial crisis. But opposition, it seems, will have to come from somewhere other than conservatism. The party out of power is also a party out of touch.
This is an anxiety driven world – the whole world is driven by anxiety. It is anxiety about the aftermath of the global financial crisis; it’s anxiety about inequality and about computers replacing jobs.
During the financial crisis and bailouts of 2008, it probably occurred to very few average people that we were entering a period of hardship for billionaires.
A cheaper British currency could be a crisis if its swift move provoked a broader financial crisis, which it has not, or if it triggered massive inflation. For now, cheaper sterling will hurt some British households and enterprises while being a boon for others.
On Wall Street, financial crisis destroys jobs. Here in Washington, it creates them. The rest is just details.
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