Future debates about whether to assist distressed corporations, including New York Community Bank, could be better informed by more educated guesses about costs. Source Views: 0
Posts Tagged ‘bailout’
IMF Praises Argentina Milei government, Issues bailout hoping to Help Save their Economy
The International Monetary Fund (IMF) has given the green light to release $4.7 billion for Argentina in a move tied to a comprehensive debt restructuring strategy, despite the nation falling short of benchmarks related to its $43 billion loan initiative. This decision was made public on Wednesday. Argentina is grappling with a profound economic crisis, […]
The New York Fed Has Extended Its Half Trillion Dollar Bailout Facility to a Sprawling Japanese Bank You’ve Never Heard Of
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German Gov’t Agrees To Bailout Giant Loss-Making Wind Farm, UK Increases Subsidies
Reuters reports the German government, Siemens AG, and other parties will provide billions of euros in project-related guarantees to support Siemens AG’s struggling wind turbine division. This financial assistance comes just weeks after the company warned about mounting losses amid a meltdown across wind and solar industries. Three people familiar with the talks said that Siemens Energy’s top […]
After Getting the Largest Bailout in U.S. History in 2008, 85.5 Percent of the $1.34 Trillion in Deposits at Citigroup’s Citibank Lack FDIC Insurance Today
Citigroup’s Citibank, the bank that blew itself up in 2008 and received the largest taxpayer and Fed bailout in global banking history, indicates in its call report for June 30 that 85.5 percent of its $1.338 trillion in total deposits are uninsured. The breakdown is as follows: It has $548.33 billion in uninsured deposits in its domestic […]
25 Years Ago Today, Two Nobel Laureates Received A $3.6 Billion Bailout, Launching Too Big To Fail
25 Years Ago Today, Two Nobel Laureates Received A $3.6 Billion Bailout, Launching Too Big To Fail By Eric Peters, CIO of One River Asset Management Twenty-five years ago today, two Nobel laureate economists and a famous bond trader received a $3.65bln bailout from fourteen financial institutions at the behest of the Federal Reserve. LTCM […]
Pakistan supplied arms to Ukraine in return for IMF bailout with help of US – report
Pakistan supplied munitions and arms to Ukraine in return for the recent bailout to the South Asian country by the International Monetary Fund (IMF) in a deal brokered by the United States, leaked documents have revealed. According to an investigation by The Intercept, two sources with knowledge of the arrangement, as well as internal Pakistani […]
Bailout Failure! Bank Runs Drain $550 Billion In Deposits In One Week
Bailout Failure! Bank Runs Drain $550 Billion In Deposits In One Week – Are we Looking at an Infrastructure Collapse that will be Blamed on “Cyber Attacks”? by Brian ShilhavyEditor, Health Impact NewsAfter a brief reprieve of declining bank evaluations yesterday (Thursday March 16, 2023) due to some of America’s largest banks stepping forward to […]
Flood-Hit Pakistan Saved From Default as IMF Approves Revival of Bailout Funds
The International Monetary Fund (IMF) board on Monday approved the revival of a bailout loan program for Pakistan, whose economy has been worsened by monsoon floods. The IMF’s approval will allow an immediate disbursement of $1.1 billion to Pakistan. Finance Minister Miftah Ismail took to Twitter to express his gratitude for Prime Minister Shehbaz Sharif’s […]
Ghana’s Unions And Left Reject Bailout Talks With The IMF
The government of Ghana has initiated talks with the International Monetary Fund (IMF) for a potential bailout program. A delegation of the IMF concluded a week-long visit to Accra on July 13 and met with officials including Finance Minister Ken Ofori-Atta and Vice President Dr. Mahamudu Bawumia. The proposal has been severely criticized by the […]
Israel’s El Al plans $105 million share issue to meet bailout terms
News and Partnerships Life and Culture Columnists and Opinion Haaretz Heb and TheMarker Haaretz.com, the online English edition of Haaretz Newspaper in Israel, gives you breaking news, analyses and opinions about Israel, the Middle East and the Jewish World. © Haaretz Daily Newspaper Ltd. All Rights Reserved Source Views: 0
Ilhan Omar’s Husband’s Firm Received $500K in Bailout Loans, on Top of Millions from Her Campaign
A D.C.-based consulting firm co-owned by Rep. Ilhan Omar (D-MN)’s husband, Tim Mynett, has received more than $500,000 in Chinese coronavirus bailout money on top of the millions that Omar’s campaign has spent on the company in 2020. Public records show that E Street Group, co-owned by Mynett, received nearly $135,000 in Paycheck Protection Program (PPP) […]
Democrats Want $5.5 Billion Bailout of New York City’s Illegal Population
The coronavirus crash has completely impoverished New York City’s huge illegal-migrant population, so it needs a bailout from billionaires, says a far left group of open border activists. The advocacy group, Make the Road NY, wants to raise $5.5 billion from 120 New York billionaires to provide roughly $750 per week in aid for up to 1.2 […]
Trump: Joe Biden Threw 20K Delphi Workers Under the Bus in Auto Bailout
President Trump says the Obama-Biden administration threw 20,000 former Delphi workers “under the bus” when they bailed out the auto industry and worked to slash workers’ pensions. During a rally in Waterford Township, Michigan, Trump slammed Democrat presidential candidate Joe Biden for his role in the Obama administration’s auto bailout of General Motors (GM) that […]
Hey, Democrats, where’s the friggin’ bailout?!?! (Video)
But what’s in it for us? pic.twitter.com/GOvptKnoF1 — Ice Cube (@icecube) August 22, 2020 Views: 0
$350K is Small Potatoes Compared to the Bankster $26 Trillion Bailout of 2008-Where’s the Media?
“26 TRILLION Dollars In Bank Bailouts! That’s Not Including TARP!” Alan Grayson youtube.com/watch?… My Comment: Now you know why the Media was so determined to take him down with really bad press during his divorce-he was exposing Bankster crimes & Fraud and they are the Rothschild Banks who control what goes into our Media through […]
Aid Groups Call for Worldwide COVID-19 Bailout Amid Fears of Mass Hunger
The consequences of the COVID-19 pandemic have already devastated the world. Over 14 million people have tested positive for the virus, and nearly 600,000 have died since it was first identified in December. And cases continue to rise: yesterday saw 248,998 people test positive – an all-time high. World Health Organization Director-General Tedros Adhanom Ghebreyesus […]
Argentina Just Made History With Biggest IMF Bailout Loan Ever
Just a few weeks after Argentina became ground zero for the coming Emerging Market crisis, when its currency suddenly collapsed at the end of April amid soaring inflation, exploding capital outflows and a central bank that was far behind the curve (as in “13% of rate hikes in a week” behind)… … the IMF has […]
EU Proposes Freezing Bank Accounts to Bailout Megabanks
July 30, 2017 By Claire Bernish After nervous customers panicked and drained their accounts, ultimately causing the collapse of Spanish bank, Banco Popular, equally jittery European Union officials are debating the merits of freezing access — preventing anyone from withdrawing any money — at the first sign of a bank run. Proponents […]
Greece gets credit lifeline while IMF considers joining bailout
Euro zone governments threw Greece another 11th-hour credit lifeline on Thursday worth $9.5 billion and sketched new detail on possible debt relief as the IMF finally offered to help out after two years of hesitation. The 8.5 billion euros of loans from the euro zone’s 18 other states, including Berlin which is wary of […]