Worse, just 14% said they were thinking of buying a house in the next quarter almost as few as at the nadir of the financial crisis at end 2008.
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Ultimately, the ECB wants to get to a point where banks no longer want to use it for lending and borrowing, and the amount deposited in its coffers hits the same level it was at before the financial crisis: zero.
The need for this reform, by the way, was underscored by the report issued by Ken Feinberg this morning, identifying a number of financial companies that continue to pay out lavish bonuses at the height of the financial crisis even as they accepted billions of dollars in taxpayer assistance.
Also on Monday, the CBI is launching a survey of UK-based firms which looks at how the financial crisis is spreading across the economy.
Prior to that, the UK was in recession at the height of the financial crisis in 2008.
World leaders and finance ministers are arriving to discuss a coordinated global plan aimed at addressing the financial crisis.
Lloyds is still partly owned by the UK taxpayer following its bail-out at the height of the financial crisis in 2008.
She has done nothing, they say, to pursue the bankers who bilked the treasury of billions at the time of the financial crisis.
The region now has a record 332 billionaires, up from 234 a year ago and 130 at the depth of the financial crisis in 2009.
Mr King did rule out extending the special liquidity scheme, however, which had provided banks with emergency cash at the peak of the financial crisis.
The residential real estate sector had been at the epicenter of the financial crisis, taking a particularly hard hit as the global economy went down the drain.
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It was the first case brought by a new investigations team created by the SEC to examine the securitization market, which lies at the heart of the financial crisis.
The society ran out of cash when investors withdrew money because the PMS was not covered by a government savings guarantee, introduced at the height of the financial crisis.
It is the first case brought by a new investigations team created by the SEC to examine the securitization market, which lies at the heart of the financial crisis.
However, the second scandal was when almost all banks were deliberately (umm, OK, it is alleged that many did so) under-reported LIBOR at the bottom of the financial crisis.
Goldman has gotten no end of criticism for helping to create the problems at the heart of the financial crisis while benefitting by taking the opposite position on its own trading books.
Byron Trott, former Goldman Sachs vice chairman, testified about the secret discussions that were held to gain an investment in Goldman by Berkshire Hathaway at the depths of the financial crisis (September 23, 2008).
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Well, exports have been going up - volumes have risen about 9%, overall, since the coalition took office, helped, presumably, by the big fall in the value of sterling at the start of the financial crisis.
PwC is now expected to face a heavy fine over its role in the client asset scandal which could have wrought unnecessary mayhem had the bank collapsed at the height of the financial crisis in October 2008.
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In fact, while spreads have narrowed significantly from the panic levels reached at the height of the financial crisis, they still have a ways to go before reaching what I would consider to be fully valued (about 350 basis points over treasury yields or LIBOR, respectively).
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Barclays had said this showed the Bank of England had inadvertently given the impression that it would approve attempts by Barclays to submit low and inaccurate Libor submissions, in order to avoid giving the impression that it was having difficulty in raising funds at the height of the financial crisis.
The 2008 investment in Goldman came at the height of the global financial crisis.
The case centred on Lloyds' acquisition of Halifax Bank of Scotland at the height of the 2008 financial crisis.
It would help arrest the decline in house prices that is at the base of the ongoing financial crisis and recession.
One of the core issues at the heart of the Greek financial crisis is the enormous reluctance of the Greeks to pay tax.
Now contrast the Knight Capital narrative with the sagas of Bear Stearns and Lehman Brothers at the onset of the 2008 financial crisis.
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Her predecessor quit rather than impose capital controls that then prime minister Mahathir Mohamad chose to protect the ringgit against speculation at the height of the Asian financial crisis in 1998.
They are hard to avoid and by expanding them we could place the costs of the financial crisis at the door of those who played a pivotal role in causing it.
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