Nearly 80percentt of domestic banks participating in a quarterly survey on lending practices said they saw "little or no change in demand" for financing heavy-traffic commercial real estate projects that lack terrorism insurance coverage.
"Everyone would like to find more oil," says Richard Herbert, an executive at Talisman Energy, a Canadian firm using a conventional North Sea oil business to finance heavy investment in North American shale.
BACK to work and back to reality: "The Raffarin government is the prisoner of a Bermuda triangle: an international economy in a bad way and lower tax receipts; a European Union budgetary policy which risks a recession; and the need to finance heavy spending plans".
"Every industry: finance, heavy industry, tech, retail you name it.
The U.S. economy got finance-heavy and finance-mad, and finally collapsed.
It also helps create a finance-heavy economy where the banking sector accounts for a bigger proportion of gross domestic product and corporate profits than it otherwise would.
He did so because the deal allows him to make a leap in executing his most important strategic goal, to transform GE from a misfiring finance-heavy conglomerate into a more focused maker of industrial equipment.To meet this objective GE is also shrinking its finance business.
Getting to the Root Causes Shelia Bair, the head of the FDIC, was the first witness get near to addressing the major underlying causes of the crisis: our distended, finance-heavy economy.
It's easy to say from MIT, as Johnson does regularly, that we need to immediately shatter this "addictive" finance-heavy system (he was a major proponent of breaking up the banks); that's Bill Maher talk.
But it cost a lot in the long run.As it is, thanks to years of financing a heavy state and generous welfare system, French public debt is expected to reach 75% of GDP in 2009, when the budget deficit will be over 6% of GDP.
The public sector healthcare services (MOH) can be considered as a national health service with its tax-based financing and heavy subsidies.
