Word: crediteers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Goulletquer applauds governments in the U.S. and Europe for committing to plans to save the world's finance system. Yet one of the main pillars of those rescue packages - guaranteeing loans between banks with the aim of unblocking frozen credit markets that most businesses and households rely on - has not yet provoked the intended reaction. And while it's still fairly early in the bailout game, political and business leaders are already viewing banks with growing impatience ast credit taps remaining shut...
...availability and active marketing of competitively priced lending to homeowners and to small businesses at 2007 levels". Such vivid expectation isn't limited to France and Britain. In virtually all countries whose financial systems are being bailed out by the state, governments are beginning to apply pressure for credit to finally being circulating again...
...degree of debt varies by nation, it's become a troubling factor for households and companies throughout the developed world. "Banks are being told to lend money to people who have already surpassed their borrowing capacity - and being told to do so under the same terms applied during the credit boom. It's not a good idea." But so far, no one seems to have come up with a better...
...have to be repaid with interest to the Treasury. To qualify for such a loan, the receiving company should be barred from granting executive bonuses or paying dividends to investors until the loan (and interest) is repaid. This would infuse the needed money into the system and free up credit markets. But in the long run, it would cost taxpayers nothing. Robert P. Hebbel, NORTH OAKS, MINN...
...credit crisis has had a chilling effect on economies around the world, and the International Monetary Fund (IMF) expects global growth to drop off sharply for the rest of this year and next as a result. The situation is particularly critical in Europe, where national economies were slowing markedly even before the financial crisis exploded. Most economic statistics in the U.K. and around the Continent already look awful, but the turmoil of the last few weeks will likely make the downturn longer and more painful. "You name it, it's falling," says George Buckley, a London-based economist for Deutsche...