Sentence examples for collapsed credit from inspiring English sources

As a result of his machinations, Steve Fraser reports in "Wall Street: America's Dream Palace," "real estate prices collapsed, credit dried up, house building stopped". The decline spread from businessmen to shopkeepers, widows and orphans.

People were stuck in place, unable to sell or buy homes because of the collapsed credit market and reluctant to move because of the uncertainty in the economy.

A growing number of private equity deals have fallen apart since last summer, owing to the collapsed credit markets, regulatory roadblocks or problems within one of the companies.

Although the construction of the Freedom Tower (pictured), its 1,776-foot 1,776-foot) centrepiece and thighemorial are at last under way, the collapsed credit market looks likely to delay the rest of the redevelopment further.

That document purportedly described a plan by the banks to ask the buyers for concessions on the debt, given the already collapsing credit markets.

"It is clear," said the mild-mannered Mr Murphy, "the city needs a fresh start".San Diego, once arguably America's best-run big city, is now better known for its collapsing credit ratings and talk of bankruptcy.

The bank foundered after the collapsing credit bubble exposed its reliance on short-term financing, and its balance sheet was scorched by failed investments that included hundreds of millions of dollars in unsecured Lehman Brothers bonds.

Ryan also recognized that, as horrific as the equity markets are, the greatest danger by far is the collapsing credit system.

The stock market was collapsing, credit markets were frozen and hundreds of thousands of jobs were being lost every month.

Sales in December were equivalent to an annual rate of 12.7m cars and light trucks (sport-utility vehicles and the like), the best unaided performance since September 2008 when Lehman Brothers collapsed and credit markets froze.

Then, as stocks collapsed, the credit authorities shifted to massive easing to save the economy from a horrible recession and to fight deflation.