1:12
Late-2000s Recession Latest News: Do We Really Need a Bigger IMF?
Do We Really Need a Bigger IMF? Despite the progressive weakening over the past three year...
published: 10 Jun 2013
author: WochitGeneralNews
Late-2000s Recession Latest News: Do We Really Need a Bigger IMF?
Late-2000s Recession Latest News: Do We Really Need a Bigger IMF?
Do We Really Need a Bigger IMF? Despite the progressive weakening over the past three years of the arguments favoring a larger IMF, the U.S. administration c...- published: 10 Jun 2013
- views: 8
- author: WochitGeneralNews
0:50
Late-2000s Financial Crisis Latest News: German Economy to Pick up but Fall Short of Tradi
German economy to pick up but fall short of traditional pace Germany's economy will recove...
published: 23 Nov 2013
Late-2000s Financial Crisis Latest News: German Economy to Pick up but Fall Short of Tradi
Late-2000s Financial Crisis Latest News: German Economy to Pick up but Fall Short of Tradi
German economy to pick up but fall short of traditional pace Germany's economy will recover from a bout of winter weakness but fall well short of the dynamic... German economy to pick up but fall short of traditional pace Germany's economy will recover from a bout of winter weakness but fall well short of the dynamic... German economy to pick up but fall short of traditional pace Germany's economy will recover from a bout of winter weakness but fall well short of the dynamic... Monte Paschi might not be an isolated bank case in Italy The crisis that has hit Italy's third-largest lender Banca Monte dei Paschi di Siena might not be an... Apple Pumping More Money Into Lobbying Apple has never had much of a profile inside the Beltway. It shuttered its big government affairs office in Washington, D.C., in the late '90s and since... World Stocks Erratic a Day After Big Sell-Off Asian shares traded erratically but European markets found their footing, a day after global stocks were routed... German wage rises, exports offer hope for euro zone In what was Germany's biggest jump since the first three months of 2009, nominal hourly labor costs rose ... US economy adds 195K jobs, jobless rate 7.6 pct. U.S. employers added a robust 195000 jobs in June and many more in April and May than previously thought. T... US growth picks up but consumer spending still weak. Bu video adresinden yüklenmiştir. Telif hakkı bildirimi için lütfen mesaj atınız Telif hakkı ihlalinde ilgili video 24 saat içinde kaldırıla... The Japanese Prime Minister, Shinzo Abe, has been announcing the third phase of his efforts to revive the Japanese economy, following decades of feeble growt... Pace of Consumer Borrowing Climbs, a Sign of Confidence The Federal Reserve said Americans spent $19.6 billion more using credit in May than in April, the la... The eurozone economy all but stagnated in the third quarter of the year. ... euronews, the most watched news channel in Europe Subscribe for your daily dose ... The business show on DM Digital is hosted by Faheen and our special guest Abida Ghafoor. Episode 4. Hahaha good times. Jermen Notez. A resources boom has delivered a record trade surplus of $3.5 billion in June, but we are exporting tourists as well as iron ore and coal. Please LIKE this video! | Subscribe Here Now Tags: late-2000s financial crisis,late 2000s recession,late 2000s recession timeline,late 2000s economic crisis,late 2000s crisis,late 2000s music,late 2000s fashion,late 2000s recession causes,late 2000s financial crisis history,late 2000s hits, Late-2000s financial crisis News - Ford Motor Company, US Federal Reserve, JPMorgan Chase- published: 23 Nov 2013
- views: 0
6:33
Ron Paul Predicts the Great Recession: Austrian School of Economics
http://thefilmarchive.org/ 1988 The 2008--2012 global recession, sometimes referred to as ...
published: 03 Jun 2012
author: The Film Archives
Ron Paul Predicts the Great Recession: Austrian School of Economics
Ron Paul Predicts the Great Recession: Austrian School of Economics
http://thefilmarchive.org/ 1988 The 2008--2012 global recession, sometimes referred to as the late-2000s recession, Great Recession, the Lesser Depression, o...- published: 03 Jun 2012
- views: 7272
- author: The Film Archives
23:38
THE GREAT RECESSION & the GLOBAL Economic CRISIS - CROSSTALK
The IMF has released a report that predicts the hoped-for global economic growth is again ...
published: 27 Mar 2014
THE GREAT RECESSION & the GLOBAL Economic CRISIS - CROSSTALK
THE GREAT RECESSION & the GLOBAL Economic CRISIS - CROSSTALK
The IMF has released a report that predicts the hoped-for global economic growth is again endangered. Why is this happening? Why has the Great Recession come back so early? Did it ever end? Has austerity made things worse? And is there a way to avoid the 'fiscal cliff' issue in Washington? CrossTalking with Seijiro Takeshita, Martin Hennecke and Chris Cutrone. The 2008--2012 global recession, sometimes referred to as the late-2000s recession, Great Recession, the Lesser Depression, or the Long Recession, is a marked global economic decline that began in December 2007 and took a particularly sharp downward turn in September 2008. The global recession affected the entire world economy, with higher detriment in some countries than others. It is a major global recession characterized by various systemic imbalances and was sparked by the outbreak of the Financial crisis of 2007--2008. The economic side effects of the European sovereign debt crisis, accompanied with slowing US and Chinese growth continues to provide obstacles to world economic growth. There are two senses of the word "recession": a less precise sense, referring broadly to "a period of reduced economic activity", and the academic sense used most often in economics, which is defined operationally, referring specifically to the contraction phase of a business cycle, with two or more consecutive quarters of negative GDP growth. If one analyses the event using the economics-academic definition of the word, the recession ended in the U.S. in June or July 2009.However, in the broader, lay sense of the word, many people use the term to refer to the ongoing hardship (in the same way that the term "Great Depression" is also popularly used). In the U.S., for example, persistent high unemployment remains, along with low consumer confidence, the continuing decline in home values and increase in foreclosures and personal bankruptcies, an escalating federal debt crisis, inflation, and rising petroleum and food prices. In fact, a 2011 poll found that more than half of all Americans think the U.S. is still in recession or even depression, despite official data that shows a historically modest recovery- published: 27 Mar 2014
- views: 1
78:15
The Future of Investing: How to Deal with the Financial Crisis and Invest in Stocks (2009)
United States policy responses to the late-2000s recession explores legislation, banking i...
published: 27 Sep 2013
The Future of Investing: How to Deal with the Financial Crisis and Invest in Stocks (2009)
The Future of Investing: How to Deal with the Financial Crisis and Invest in Stocks (2009)
United States policy responses to the late-2000s recession explores legislation, banking industry and market volatility within retirement plans. The Federal Reserve, Treasury, and Securities and Exchange Commission took several steps on September 19 to intervene in the crisis caused by the late-2000s recession. To stop the potential run on money market mutual funds, the Treasury also announced on September 19 a new $50 billion program to insure the investments, similar to the Federal Deposit Insurance Corporation (FDIC) program. Part of the announcements included temporary exceptions to section 23A and 23B (Regulation W), allowing financial groups to more easily share funds within their group. The exceptions would expire on January 30, 2009, unless extended by the Federal Reserve Board. The Securities and Exchange Commission announced termination of short-selling of 799 financial stocks, as well as action against naked short selling, as part of its reaction to the mortgage crisis. In an effort to increase available funds for commercial banks and lower the fed funds rate, on September 29, 2008 the U.S. Federal Reserve announced plans to double its Term Auction Facility to $300 billion. Because there appeared to be a shortage of U.S. dollars in Europe at that time, the Federal Reserve also announced it would increase its swap facilities with foreign central banks from $290 billion to $620 billion. On November 25, 2008 the Fed announced it would buy $800 billion of debt and mortgage backed securities, in a fund separate from the 700-billion dollar Troubled Asset Relief Program (TARP) that was originally passed by Congress. According to the BBC, the Fed would use the fund to buy the following: up to $100bn in debt from Fannie Mae and Freddie Mac up to $500bn in mortgage-backed securities The fund would also be used to loan up to $200bn to the holders of securities backed by various types of consumer loans, such as credit cards and student loans, to help unfreeze the consumer debt market. According to a Des Moines Register editorial, it is not clear whether bodies that oversee the TARP will oversee Paulson's control of the Fed's $800 billion loan and bond actions. As of December 24, 2008, the Federal Reserve had used its independent authority to spend $1.2 trillion on purchasing various financial assets and making emergency loans to address the financial crisis, above and beyond the $700 billion authorized by Congress from the federal budget. This includes emergency loans to banks, credit card companies, and general businesses, temporary swaps of treasury bills for mortgage-backed securities, the sale of Bear Stearns, and the bailouts of American International Group (AIG), Fannie Mae and Freddie Mac, and Citigroup. In May 2013 as the stock market was hitting record highs and the housing and employment markets were improving slightly the prospect of the Federal Reserve beginning to decrease its economic stimulus activities began to enter the projections of investment analysts and affected global markets. http://en.wikipedia.org/wiki/United_States_policy_responses_to_the_Great_Recession Image by Gabriel Marchi (Gisele_B.jpg) [CC-BY-2.0 (http://creativecommons.org/licenses/by/2.0), GFDL (http://www.gnu.org/copyleft/fdl.html) or CC-BY-SA-3.0 (http://creativecommons.org/licenses/by-sa/3.0/)], via Wikimedia Commons- published: 27 Sep 2013
- views: 20
48:34
Transportation, Construction Workers, Afghanistan War, Economic Recovery (March 19, 2012)
http://thefilmarchive.org/ March 19, 2012 The late-2000s recession, sometimes referred to ...
published: 04 Apr 2012
author: The Film Archive
Transportation, Construction Workers, Afghanistan War, Economic Recovery (March 19, 2012)
Transportation, Construction Workers, Afghanistan War, Economic Recovery (March 19, 2012)
http://thefilmarchive.org/ March 19, 2012 The late-2000s recession, sometimes referred to as the Great Recession, the Lesser Depression, or the Long Recessio...- published: 04 Apr 2012
- views: 157
- author: The Film Archive
72:13
Women in Finance and the Economic Recovery: Elizabeth Warren (2010)
United States policy responses to the late-2000s recession explores legislation, banking i...
published: 12 Sep 2013
Women in Finance and the Economic Recovery: Elizabeth Warren (2010)
Women in Finance and the Economic Recovery: Elizabeth Warren (2010)
United States policy responses to the late-2000s recession explores legislation, banking industry and market volatility within retirement plans. The Federal Reserve, Treasury, and Securities and Exchange Commission took several steps on September 19 to intervene in the crisis caused by the late-2000s recession. To stop the potential run on money market mutual funds, the Treasury also announced on September 19 a new $50 billion program to insure the investments, similar to the Federal Deposit Insurance Corporation (FDIC) program.[1] Part of the announcements included temporary exceptions to section 23A and 23B (Regulation W), allowing financial groups to more easily share funds within their group. The exceptions would expire on January 30, 2009, unless extended by the Federal Reserve Board.[2] The Securities and Exchange Commission announced termination of short-selling of 799 financial stocks, as well as action against naked short selling, as part of its reaction to the mortgage crisis.[3] The Secretary of the United States Treasury, Henry Paulson and President George W. Bush proposed legislation for the government to purchase up to US$700 billion of "troubled mortgage-related assets" from financial firms in hopes of improving confidence in the mortgage-backed securities markets and the financial firms participating in it.[10] Discussion, hearings and meetings among legislative leaders and the administration later made clear that the proposal would undergo significant change before it could be approved by Congress.[11] On October 1, a revised compromise version was approved by the Senate with a 74--25 vote. The bill, HR1424 was passed by the House on October 3, 2008 and signed into law. The first half of the bailout money was primarily used to buy preferred stock in banks instead of troubled mortgage assets.[12] In January 2009, the Obama administration announced a stimulus plan to revive the economy with the intention to create or save more than 3.6 million jobs in two years. The cost of this initial recovery plan was estimated at 825 billion dollars (5.8% of GDP). The plan included 365.5 billion dollars to be spent on major policy and reform of the health system, 275 billion (through tax rebates) to be redistributed to households and firms, notably those investing in renewable energy, 94 billion to be dedicated to social assistance for the unemployed and families, 87 billion of direct assistance to states to help them finance health expenditures of Medicaid, and finally 13 billion spent to improve access to digital technologies. The administration also attributed of 13.4 billion dollars aid to automobile manufacturers General Motors and Chrysler, but this plan is not included in the stimulus plan. These plans are meant to abate further economic contraction, however, with the present economic conditions differing from past recessions, in, that, many tenets of the American economy such as manufacturing, textiles, and technological development have been outsourced to other countries. Public works projects associated with the economic recovery plan outlined by the Obama Administration have been degraded by the lack of road and bridge development projects that were highly abundant in the Great Depression but are now mostly constructed and are mostly in need of maintenance. Regulations to establish market stability and confidence have been neglected in the Obama plan and have yet to be incorporated. In an effort to increase available funds for commercial banks and lower the fed funds rate, on September 29, 2008 the U.S. Federal Reserve announced plans to double its Term Auction Facility to $300 billion. Because there appeared to be a shortage of U.S. dollars in Europe at that time, the Federal Reserve also announced it would increase its swap facilities with foreign central banks from $290 billion to $620 billion. http://en.wikipedia.org/wiki/United_States_policy_responses_to_the_Great_Recession- published: 12 Sep 2013
- views: 17
47:42
U.S. Job Losses, Women Voters and the Economy, Recession, Tax Cuts for the Wealthy (2012)
http://thefilmarchive.org/ April 11, 2012 Many jobs have been lost worldwide since the sta...
published: 16 Jul 2012
author: The Film Archive
U.S. Job Losses, Women Voters and the Economy, Recession, Tax Cuts for the Wealthy (2012)
U.S. Job Losses, Women Voters and the Economy, Recession, Tax Cuts for the Wealthy (2012)
http://thefilmarchive.org/ April 11, 2012 Many jobs have been lost worldwide since the start of the late-2000s recession. In the US, job losses have been goi...- published: 16 Jul 2012
- views: 695
- author: The Film Archive
1:00
Warren Buffett on the U.S. Economy and the Chance of a Near-Term Recession 2012)
The United States housing market correction (a possible consequence of United States housi...
published: 26 Sep 2013
Warren Buffett on the U.S. Economy and the Chance of a Near-Term Recession 2012)
Warren Buffett on the U.S. Economy and the Chance of a Near-Term Recession 2012)
The United States housing market correction (a possible consequence of United States housing bubble) and subprime mortgage crisis has significantly contributed to a recession. The 2007-2009 recession saw private consumption fall for the first time in nearly 20 years. This indicates the depth and severity of the current recession. With consumer confidence so low, recovery will take a long time. Consumers in the U.S. have been hard hit by the current recession, with the value of their houses dropping and their pension savings decimated on the stock market. Not only have consumers watched their wealth being eroded -- they are now fearing for their jobs as unemployment rises.[53] U.S. employers shed 63,000 jobs in February 2008,[54] the most in five years. Former Federal Reserve chairman Alan Greenspan said on 6 April 2008 that "There is more than a 50 percent chance the United States could go into recession."[55] On 1 October, the Bureau of Economic Analysis reported that an additional 156,000 jobs had been lost in September. On 29 April 2008, nine US states were declared by Moody's to be in a recession. In November 2008, employers eliminated 533,000 jobs, the largest single month loss in 34 years.[56] For 2008, an estimated 2.6 million U.S. jobs were eliminated.[57] The unemployment rate in the US grew to 8.5 percent in March 2009, and there were 5.1 million job losses until March 2009 since the recession began in December 2007.[58] That was about five million more people unemployed compared to just a year prior,[59] which was the largest annual jump in the number of unemployed persons since the 1940s.[60] Although the US Economy grew in the first quarter by 1%,[61][62] by June 2008 some analysts stated that due to a protracted credit crisis and "rampant inflation in commodities such as oil, food and steel", the country was nonetheless in a recession.[63] The third quarter of 2008 brought on a GDP retraction of 0.5%[64] the biggest decline since 2001. The 6.4% decline in spending during Q3 on non-durable goods, like clothing and food, was the largest since 1950.[65] A 17 November 2008 report from the Federal Reserve Bank of Philadelphia based on the survey of 51 forecasters, suggested that the recession started in April 2008 and will last 14 months.[66] They project real GDP declining at an annual rate of 2.9% in the fourth quarter and 1.1% in the first quarter of 2009. These forecasts represent significant downward revisions from the forecasts of three months ago. A 1 December 2008, report from the National Bureau of Economic Research stated that the U.S. has been in a recession since December 2007 (when economic activity peaked), based on a number of measures including job losses, declines in personal income, and declines in real GDP.[67] By July 2009 a growing number of economists believed that the recession may have ended.[68][69] The National Bureau of Economic Research announced on 20 September 2010 that the 2008/2009 recession ended in June 2009, making it the longest recession since World War II.[70] Many other countries, particularly in Europe, have undergone decreasing rates of GDP growth. Some countries have been able to avoid a recession but have still experienced slower economic activity, such as China. India and Australia were able to maintain positive growth throughout the late-2000s (decade) recession. http://en.wikipedia.org/wiki/Recession- published: 26 Sep 2013
- views: 9
2:39
Warren Buffett on Financial Regulatory Oversight, Derivatives, Debt Leverage, Return on Equity
The Dodd--Frank Wall Street Reform and Consumer Protection Act (Pub.L. 111--203, H.R. 4173...
published: 16 Nov 2013
Warren Buffett on Financial Regulatory Oversight, Derivatives, Debt Leverage, Return on Equity
Warren Buffett on Financial Regulatory Oversight, Derivatives, Debt Leverage, Return on Equity
The Dodd--Frank Wall Street Reform and Consumer Protection Act (Pub.L. 111--203, H.R. 4173) was signed into federal law by President Barack Obama on July 21, 2010 in the Ronald Reagan building.[1] Passed as a response to the late-2000s recession, it brought the most significant changes to financial regulation in the United States since the regulatory reform that followed the Great Depression.[2][3][4] It made changes in the American financial regulatory environment that affect all federal financial regulatory agencies and almost every part of the nation's financial services industry.[5][6] As with other major financial reforms, a variety of critics have attacked the law, some arguing it was not enough to prevent another financial crisis or more "bail outs", and others arguing it went too far and unduly restricted financial institutions.[7] The law was initially proposed by the Obama Administration in June 2009, when the White House sent a series of proposed bills to Congress. A version of the legislation was introduced in the House in July 2009. On December 2, 2009, revised versions were introduced in the House of Representatives by Financial Services Committee Chairman Barney Frank, and in the Senate Banking Committee by Chairman Chris Dodd. Due to their involvement with the bill, the conference committee that reported on June 25, 2010,[1] voted to name the bill after the two members of Congress.[8] The financial crisis of 2007--2010 led to widespread calls for changes in the regulatory system.[10] In June 2009, President Obama introduced a proposal for a "sweeping overhaul of the United States financial regulatory system, a transformation on a scale not seen since the reforms that followed the Great Depression."[11] As the finalized bill emerged from conference, President Obama stated that the bill included 90 percent of the proposals.[12] Major components of Obama's original proposal, listed by order in which they appear in the "A New Foundation" outline,[11] include: The consolidation of regulatory agencies, elimination of the national thrift charter, and new oversight council to evaluate systemic risk; Comprehensive regulation of financial markets, including increased transparency of derivatives (bringing them onto exchanges); Consumer protection reforms including a new consumer protection agency and uniform standards for "plain vanilla" products as well as strengthened investor protection; Tools for financial crises, including a "resolution regime" complementing the existing Federal Deposit Insurance Corporation (FDIC) authority to allow for orderly winding down of bankrupt firms, and including a proposal that the Federal Reserve (the "Fed") receive authorization from the Treasury for extensions of credit in "unusual or exigent circumstances"; Various measures aimed at increasing international standards and cooperation including proposals related to improved accounting and tightened regulation of credit rating agencies. At Obama's request, Congress later added the Volcker Rule to this proposal in January 2010.[13] http://en.wikipedia.org/wiki/Dodd%E2%80%93Frank_Wall_Street_Reform_and_Consumer_Protection_Act- published: 16 Nov 2013
- views: 2
3:09
Warren Buffett: How Will Moral Standards Affect Business and Finance in the Future?
Buffett ran into criticism during the subprime crisis of 2007--2008, part of the late 2000...
published: 17 Aug 2013
author: The Film Archive
Warren Buffett: How Will Moral Standards Affect Business and Finance in the Future?
Warren Buffett: How Will Moral Standards Affect Business and Finance in the Future?
Buffett ran into criticism during the subprime crisis of 2007--2008, part of the late 2000s recession, that he had allocated capital too early resulting in s...- published: 17 Aug 2013
- views: 135
- author: The Film Archive
4:34
Senator: House Republicans 'Hate Government,' 'Crashing the Economy [9-28-2013]
• MeTee: Tee-Shirt design in seconds. The fastest way to make a shirt.
http://MeTee.com A...
published: 22 Jan 2014
Senator: House Republicans 'Hate Government,' 'Crashing the Economy [9-28-2013]
Senator: House Republicans 'Hate Government,' 'Crashing the Economy [9-28-2013]
• MeTee: Tee-Shirt design in seconds. The fastest way to make a shirt. http://MeTee.com Always free shipping worldwide. • Youbidder: The place to autobid on Ebay at the last second http://Youbidder.com Get your price and avoid bidding wars. Get the Chrome extension or Firefox addon for 1-Click autobids. • Like news Facebook for 1-Click video newsfeed updates https://www.facebook.com/videoupdates • Share this video on Facebook, Twitter, Google+ to get the word out. The history of the United States from 1991 to present began after the fall of the Soviet Union which signaled the end of the Cold War and left the U. S. unchallenged as the world's dominant superpower. The U. S. took a leading role in military involvement in the Middle East. The U. S. expelled an Iraqi invasion force from Kuwait, a Middle Eastern ally of the U. S. , in the Persian Gulf War. On the domestic front, the Democrats returned to the White House with the election of Bill Clinton in 1992, as independent Ross Perot gained 19% of the vote--for a while Perot was leading in the polls. In the 1994 midterm election, the Republicans gained control of Congress for the first time in 40 years. Strife between Clinton and the Republicans in Congress initially resulted in a federal government shutdown following a budget crisis, but later they worked together to pass welfare reform, the Children's Health Insurance Program, and a balanced budget. Charges from the Lewinsky scandal led to the 1998 impeachment of Clinton by the House of Representatives but he was later acquitted by the Senate. The U. S. economy boomed in the enthusiasm for high-technology industries in the 1990s until the NASDAQ crashed as the dot-com bubble burst and the early 2000s recession marked the end of the sustained economic growth. In 2000, Republican George W. Bush was elected president in one of the closest and most controversial elections in U. S. history. Early in his term, his administration approved education reform and a large across-the-board tax cut aimed at stimulating the economy. Following the September 11 attacks in 2001, the U. S. embarked on the War on Terror, starting with the 2001 war in Afghanistan. In 2003, the U. S. invaded Iraq, which deposed the controversial regime of Saddam Hussein but also resulted in a prolonged conflict that would continue over the course of the decade. The Homeland Security Department was formed and the controversial Patriot Act was passed to bolster domestic efforts against terrorism. In 2006, criticism over the handling of the disastrous Hurricane Katrina (which struck the Gulf Coast region in 2005), political scandals, and the growing unpopularity of the Iraq War helped the Democrats gain control of Congress. Saddam Hussein was later tried, charged for war crimes and crimes against humanity, and executed by hanging. In 2007, President Bush ordered a troop surge in Iraq, which ultimately led to reduced casualties. The collapse of the housing bubble, which led into the late-2000s recession, helped the Democrats gain the presidency in 2008 with the election of Barack Obama. The government enacted large loans and economic stimulus packages aimed at improving the economy. Obama's domestic initiatives also included the Patient Protection and Affordable Care Act, which by means of large reforms to the American healthcare system, created a National Health Insurance program. President Obama eventually withdrew combat troops from Iraq, and shifted the country's efforts in the War on Terror to Afghanistan, where a troop surge was initiated in 2009. In 2010, due to continued public discontent with the economic situation, unemployment, and federal spending, Republicans regained control of the House of Representatives and reduced the Democratic majority in the Senate. In 2011, Obama announced that al-Qaeda leader Osama bin Laden was killed by U. S. forces during a covert operation in Pakistan while the Iraq War was declared formally over the same year. The following year Obama was re-elected president. In June 2013, the Supreme Court struck down Section 3 of the Defense of Marriage Act, which resulted in the recognition of legally performed same-sex marriages by the federal government. Meanwhile, the economy recovered from the early 2000s economic recession, with GDP growth rising to 7% in the middle of 2003, with continued growth through the mid-2000s. The unemployment rate peaked at 6% in 2003, before falling in 2004 and 2005, and dropping below 5% in 2006 and 2007.- published: 22 Jan 2014
- views: 0
13:54
Consumer Financial Protection Bureau: Banks, Mortgages, Loans, and Financial Services (2012)
http://thefilmarchive.org/ January 6, 2012 The United States Consumer Financial Protection...
published: 12 May 2012
author: The Film Archive
Consumer Financial Protection Bureau: Banks, Mortgages, Loans, and Financial Services (2012)
Consumer Financial Protection Bureau: Banks, Mortgages, Loans, and Financial Services (2012)
http://thefilmarchive.org/ January 6, 2012 The United States Consumer Financial Protection Bureau (CFPB) is the federal agency that holds primary responsibil...- published: 12 May 2012
- views: 406
- author: The Film Archive
67:59
What Is Wrong with Capitalism? George Soros on Reforming the International Financial System (2001)
Despite working as an investor and currency trader, Soros argues that the current system o...
published: 19 Aug 2013
author: The Film Archive
What Is Wrong with Capitalism? George Soros on Reforming the International Financial System (2001)
What Is Wrong with Capitalism? George Soros on Reforming the International Financial System (2001)
Despite working as an investor and currency trader, Soros argues that the current system of financial speculation undermines healthy economic development in ...- published: 19 Aug 2013
- views: 7
- author: The Film Archive
Youtube results:
150:44
Consumer Financial Protection Bureau Oversight: Elizabeth Warren Testimony (2011)
The Consumer Financial Protection Bureau (CFPB) is an independent federal agency that hold...
published: 21 Oct 2013
Consumer Financial Protection Bureau Oversight: Elizabeth Warren Testimony (2011)
Consumer Financial Protection Bureau Oversight: Elizabeth Warren Testimony (2011)
The Consumer Financial Protection Bureau (CFPB) is an independent federal agency that holds primary responsibility for regulating consumer protection with regard to financial products and services in the United States. The CFPB was created in 2011 after its conception was included as part of the Dodd--Frank Wall Street Reform and Consumer Protection Act, which passed as a response to the financial crisis of 2007--08 that played a significant role in creating the Great Recession and was signed into law by President Barack Obama. The jurisdiction of the bureau includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors and other financial companies, and its most pressing concerns are mortgages, credit cards and student loans, according to Director Richard Cordray.[3][4] It was designed to consolidate employees and responsibilities from a number of other federal regulatory bodies, including the Federal Reserve, the Federal Trade Commission, the Federal Deposit Insurance Corporation, the National Credit Union Administration and even the Department of Housing and Urban Development.[5]The bureau is an independent unit located inside and funded by the United States Federal Reserve, with interim affiliation with the U.S. Treasury Department. It writes and enforces rules for financial institutions, examines both bank and non-bank financial institutions, monitors and reports on markets, as well as collects and tracks consumer complaints.[4] The CFPB opened its website in early February 2011 to accept suggestions from consumers via YouTube, Twitter, and its own website interface. According to the United States Treasury Department, the bureau is tasked with the responsibility to "promote fairness and transparency for mortgages, credit cards, and other consumer financial products and services."[6] According to the bureau's own webpage, "The central mission of the Consumer Financial Protection Bureau (CFPB) is to make markets for consumer financial products and services work for Americans—whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products." In July 2010, Congress passed the Dodd--Frank Wall Street Reform and Consumer Protection Act, during the 111th United States Congress in response to the Late-2000s recession and financial crisis.[3] The agency was originally proposed in 2007 by Harvard Law School professor Elizabeth Warren.[8] On September 17, Obama announced the appointment of Warren as Special Advisor to set up the bureau.[9] The bureau began operation on July 21, 2011, shortly after Obama announced that Warren would be passed over as Director in favor of Richard Cordray,[10] who prior to the nomination had been hired as chief of enforcement for the agency.[11] As Ohio Attorney General from 2009 to 2011, Cordray won $2 billion in settlements from financial companies. http://en.wikipedia.org/wiki/Consumer_Financial_Protection_Bureau- published: 21 Oct 2013
- views: 7
4:10
Impact of Recession on U.S. Job Market
It seems that even as America's job market recovers, the impact of the Great Recession lin...
published: 06 Apr 2014
Impact of Recession on U.S. Job Market
Impact of Recession on U.S. Job Market
It seems that even as America's job market recovers, the impact of the Great Recession lingers. For recent college graduates, finding a job that fully utiliz. It seems that even as America's job market recovers, the impact of the Great Recession lingers. For recent college graduates, finding a job that fully utiliz. This webisode is a continuation of the Families and Work Institute 2012 Summer Intern Work-Life Fit Webisode Series. When the recession hit, many employers s. Jan. 8 (Bloomberg) -- Blackrock's Fundamental Fixed Income CEO Rick Reider discusses the impact of robots on jobs on Bloomberg Television's Market Makers. (S. Economists disagree on recession impact nabe's Kleinhenz videos.. Please click here to subscribe to my channel.. Economists disagree on recession impact NABE. Aug. 5 (Bloomberg) -- Leo Hindery, managing director at InterMedia Partners LP, discusses the outlook for U.S. job creation and the stock market. Hindery, sp. April 11, 2012 Many jobs have been lost worldwide since the start of the late-2000s recession. In the US, job losses have been goi. Going to university is the biggest cost most young adults face once leaving home. And paying for a college education could cost a student from trying to have. With the U.S. economy in recession and the unemployment rate at a 34 year high, students getting ready to enter the job market say they're scared. Some caree. The 1990s boom in the United States of America was an extended period of economic prosperity, during which GDP increased continuously for almost ten years (t. full, 2012, 2013, It used be that everyone knew what it meant to be a man. A man was rugged and reliable and got the job done. But then came the worst recess. What if it were possible to feed thousands of children across the world and earn a great income; while having most of the wo. All [economic] recoveries are associated with recoveries in housing.except for the Great Recession, this last one, says behavioral economist and Nobel Pr. Sept. 20 (Bloomberg) -- The Business Cycle Dating Committee of the National Bureau of Economic Research said the recession ended in June 2009, marking the en. In light of recent labor statistics, are you worried about your job or do you know somebody who is? - Is job uncertainty having an impact on your spending . Part 1 of a presentation by William M. Rodgers İ at The Great Recession, the American Labor Market, & Public Policy, hosted by the John J. Heldrich Cente. Global economy risks falling into renewed recession We have identifi. Federal Reserve Bank of Dallas president Richard W. Fisher and Stanford University professor John B. Taylor discuss the role uncertainty has played in the sl. What is Sub-Prime crises ? For the complete report ,visit us at: Or, get in touch with us at : support@researchonglobalmarkets.com Abstract: The Future. Competitive Enterprise Institute Editorial Director Ivan Osorio debates the wisdom of UAW management, union health care demands and the impact of the recessi. For more information please click htt. For the complete report ,visit us at: Or, get in touch with us at : support@researchonglobalmarkets.com Abstrac. Many politicians have blamed business for the current recession, leading to additional measures by the U.S. government to regulate the market. Some critics a. Follow me for new Joe Krier Discusses Recession Fears and the Auto Bailout videos. The automotive industry crisis of 2008--2010 was a part of a global financ.- published: 06 Apr 2014
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How to Stay Out of Debt: Warren Buffett - Financial Future of American Youth (1999)
Buffett became a billionaire on paper when Berkshire Hathaway began selling class A shares...
published: 03 May 2013
How to Stay Out of Debt: Warren Buffett - Financial Future of American Youth (1999)
How to Stay Out of Debt: Warren Buffett - Financial Future of American Youth (1999)
Buffett became a billionaire on paper when Berkshire Hathaway began selling class A shares on May 29, 1990, when the market closed at $7,175 a share. In 1998, in an unusual move, he acquired General Re (Gen Re) for stock. In 2002, Buffett became involved with Maurice R. Greenberg at AIG, with General Re providing reinsurance. On March 15, 2005, AIG's board forced Greenberg to resign from his post as Chairman and CEO under the shadow of criticism from Eliot Spitzer, former attorney general of the state of New York. On February 9, 2006, AIG and the New York State Attorney General's office agreed to a settlement in which AIG would pay a fine of $1.6 billion. In 2010, the federal government settled with Berkshire Hathaway for $92 million in return for the firm avoiding prosecution in an AIG fraud scheme, and undergoing 'corporate governance concessions'. In 2002, Buffett entered in $11 billion worth of forward contracts to deliver U.S. dollars against other currencies. By April 2006, his total gain on these contracts was over $2 billion. In 2006, Buffett announced in June that he gradually would give away 85% of his Berkshire holdings to five foundations in annual gifts of stock, starting in July 2006. The largest contribution would go to the Bill and Melinda Gates Foundation.[37] In 2007, in a letter to shareholders, Buffett announced that he was looking for a younger successor, or perhaps successors, to run his investment business.[38] Buffett had previously selected Lou Simpson, who runs investments at Geico, to fill that role. However, Simpson is only six years younger than Buffett. Buffett ran into criticism[39] during the subprime crisis of 2007--2008, part of the late 2000s recession, that he had allocated capital too early resulting in suboptimal deals. "Buy American. I am." he wrote for an opinion piece published in the New York Times in 2008.[40] Buffett has called the 2007--present downturn in the financial sector "poetic justice".[41] Buffett's Berkshire Hathaway suffered a 77% drop in earnings during Q3 2008 and several of his recent deals appear to be running into large mark-to-market losses.[42] Berkshire Hathaway acquired 10% perpetual preferred stock of Goldman Sachs.[43] Some of Buffett's Index put options (European exercise at expiry only) that he wrote (sold) are currently running around $6.73 billion mark-to-market losses.[44] The scale of the potential loss prompted the SEC to demand that Berkshire produce, "a more robust disclosure" of factors used to value the contracts.[44] Buffett also helped Dow Chemical pay for its $18.8 billion takeover of Rohm & Haas. He thus became the single largest shareholder in the enlarged group with his Berkshire Hathaway, which provided $3 billion, underlining his instrumental role during the current crisis in debt and equity markets.[45] In 2008, Buffett became the richest man in the world, with a total net worth estimated at $62 billion[46] by Forbes and at $58 billion[47] by Yahoo, dethroning Bill Gates, who had been number one on the Forbes list for 13 consecutive years.[48] In 2009, Gates regained the position of number one on the Forbes list, with Buffett second. Their values have dropped to $40 billion and $37 billion, respectively, Buffett having lost $25 billion in 12 months during 2008/2009, according to Forbes.[49] In October 2008, the media reported that Warren Buffett had agreed to buy General Electric (GE) preferred stock.[50] The operation included extra special incentives: he received an option to buy 3 billion GE at $22.25 in the next five years, and also received a 10% dividend (callable within three years). In February 2009, Buffett sold some of the Procter & Gamble Co, and Johnson & Johnson shares from his portfolio.[51] In addition to suggestions of mistiming, questions have been raised as to the wisdom in keeping some of Berkshire's major holdings, including The Coca-Cola Company (NYSE:KO) which in 1998 peaked at $86. Buffett discussed the difficulties of knowing when to sell in the company's 2004 annual report: That may seem easy to do when one looks through an always-clean, rear-view mirror. Unfortunately, however, it's the windshield through which investors must peer, and that glass is invariably fogged. http://en.wikipedia.org/wiki/Warren_Buffett- published: 03 May 2013
- views: 434283
2:05
Tourist
Tourism has become a popular global leisure activity. After slowly recovering from the con...
published: 27 Jan 2014
Tourist
Tourist
Tourism has become a popular global leisure activity. After slowly recovering from the contraction resulting from the late-2000s recession, where tourism suffered a strong slowdown from the second half of 2008 through the end of 2009, and the outbreak of the H1N1 influenza virus,[2][3] international tourist arrivals surpassed the milestone 1 billion tourists globally for first time in history in 2012.[4] International tourism receipts (the travel item of the balance of payments) grew to US$1.03 trillion (€740 billion) in 2011, corresponding to an increase in real terms of 3.8% from 2010.[5] In 2012, China became the largest spender in international tourism globally with US$102 billion, surpassing Germany and United States. China and emerging markets significantly increase their spending over the past decade, with Russia and Brazil as noteworthy examples- published: 27 Jan 2014
- views: 4