Search Details

Word: deposited (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
Sort By: most recent first (reverse)


Usage:

...cuts because it focuses on inflation. Nouriel Roubini, an economics professor at New York University and one of the few who predicted the extent of the current crisis, called yesterday for "at least 150 basis points (1.5 percentage points) on average globally." Roubini also backed the idea of deposit guarantees, guaranteeing interbank lending and other measures. "At this point, anything short of these radical and coordinated actions may lead to a market crash, a global systemic financial meltdown, and to a global depression...

Author: /time Magazine | Title: Can the G-7 Save the World from Financial Chaos? | 10/10/2008 | See Source »

...result was a parallel system almost as big as the banking system that had none of its post-Depression stabilizing pillars: no deposit insurance, no access to the lender of last resort, no resolution regime and only a patchworky, inadequate framework of restraints for risk-taking. In the old system, Americans' deposits in regular banks financed the system. In the shadow banking system, Americans' deposits in money market funds provided the asset anchor. As AIG teetered on the brink in mid-September, a run began by institutional investors on the money market funds...

Author: /time Magazine | Title: Are Paulson and Bernanke Running Out of Options? | 10/8/2008 | See Source »

...surprisingly, current events are almost impossible to judge rationally from the headlines. Bill Isaac, former chairman of the Federal Deposit Insurance Corporation, recently described them as a “senseless destruction in the U.S. financial system” and a well-known executive exclaimed on the pages of The Financial Times that “Greenspan’s sins return to haunt us.” Finger-pointing, whining and semi-fake expressions of compassion with homeowners are all mixed in print and the airwaves with serious analysis. A surefire recipe for confusion has thus emerged. Although many...

Author: By Jan Zilinsky | Title: Lessons from the Financial Crisis | 10/7/2008 | See Source »

...banks become more nervous about lending. In Hong Kong, the one-month interbank lending rate has doubled in the past month to 4%. Central banks are trying to pump liquidity into financial markets to avert a credit crunch. India on Monday cut the amount of cash that banks must deposit with the central bank in an attempt to loosen credit. "Credit markets are quite global," says Kirby Daley, senior strategist at financial services firm Newedge Group in Hong Kong. "It is inescapable, if the credit crisis continues to worsen, that Asia must be affected...

Author: /time Magazine | Title: US Financial Quake Rocks Asia | 10/7/2008 | See Source »

...less than one-tenth of the total assets of its three biggest banks, all of which are in trouble. British financial authorities warned on Tuesday that Icesave, a subsidiary of Landsbanki, Iceland's second biggest bank, might not be able to pay out the estimated $7.8 billion in deposits of some 300,000 British customers, who would then have to file claims to deposit guarantees set by Iceland and Britain, which would cover up to $87,000 of an individual's savings. One London-based customer said she had tried over a week ago to withdraw her money from Icesave...

Author: /time Magazine | Title: Europe Struggles for a Response to the Bank Crisis | 10/7/2008 | See Source »

Previous | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | Next