Posts Tagged ‘Banks’

Who made money from sub-prime crisis? Credit Crunch winners and losers – bankers, hedge funds, speculators and investors. Economic trends keynote conference speaker Patrick Dixon

http://www.globalchange.com Who made money out of sub-prime crisis and the credit crunch? Those who sold property early at the height of the housing market bubble before the US property market crash. Mainly older people. Interest rate control Federal Reserve. Impact of sub-prime crisis on low income groups, younger buyers and shareholders of largest banks with big losses and fall in share prices. Bankers, speculators and shareholder losses. Tightening and loosening of monetary policy in response to inflation of commodities, retail price index and house market indicators. Video by keynote conference speaker Dr Patrick Dixon, Futurist and author of 12 books on global trends.
Sub-prime crisis, property prices, crash, housing market, America, US, interest rates, banks, banking, share price, falls, speculation, boom, bust, investor, investment, funds, real estate.

Duration : 0:4:15

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ING’s Knightley Says Fall in U.K. Jobless `Remarkable’

Dec. 16 (Bloomberg) — James Knightley, an economist at ING Financial Markets, talks with Bloomberg’s Francine Lacqua about the unexpected decline in U.K. unemployment reported today.
Claims for jobless benefits fell by 6,300 in November to 1.63 million, the Office for National Statistics said, adding to signs the British economy is emerging from its deepest recession in at least three decades. (Source: Bloomberg)

Duration : 0:3:41

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