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His motivation is not financial, "just for the vindication of people who've been told they're bonkers".
The Federal Reserve Bank of New York and the other large investors are pressing Bank of America to buy back a portion of the $47 billion in mortgages it originated, most of which were assembled by Countrywide Financial just before the real estate boom turned to bust in 2005, 2006 and 2007.
Ant Financial just raised USD 4.5 (30 RMB) billion from a diverse pool of large state-controlled financial institutions in China.
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It was a smart idea, but financial alchemy just isn't going to work right now.
The company's financial reports just couldn't be trusted.
Growing more here makes financial not just environmental sense.
For filmmakers, the financial crisis just keeps on giving.
Meanwhile, student financial assistance, just for 2011, is about $42 billion.
(Surely we don't want to create more financial crises just to understand how they work).
At least there would then be a chance for a profit – whether financial or just political.
"The financial sphere just turns on itself with no connection whatsoever to reality".
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