Have The Banks Reached Bottom?

Schwartz, Nelson D.
October 1998
Fortune;10/12/1998, Vol. 138 Issue 7, p133
Focuses on the financial situations of United States banks. Impact of the global financial crisis; Fear of bankers that the situation will get worse; Claim that not all banks are equally distressed; Foibles of bankers; How bankers are drawn to risky emerging markets; High yields on loans to Russia; Devaluation of the real in Brazil; Banks that are poised to recover.


Related Articles

  • Authoritarian and Democratic Responses to the Financial Meltdown in Russia. McFaul, Michael // Problems of Post-Communism;Jul/Aug99, Vol. 46 Issue 4, p22 

    Discusses the political consequences of the August 1998 economic crisis in Russia. Challenges in presidentialism; Illiberal actions in the name of democratic principles; Electoral game for assuming power.

  • Finance: The Sharks Circle. Stolyarova, Galina // Transitions Online;1/12/2009, p1 

    The article reports on the rise in unemployment and debt due to the ongoing financial crises in Russia. Many in Russia have been crippled by the economic downturn faced by the whole world. Russian Internet forums are overflowing with accounts of people thrown out of their jobs facing enormous...

  • Komedy Kontest.  // Time;9/7/1998, Vol. 152 Issue 10, p26 

    Presents the best jokes of some comedians about the economic crisis in Russia. Richard Belzer; Nick Di Paolo; Carrot Top; More.

  • Daily Headline News for November 15, 2013. Interfax // Russia & FSU General News;11/15/2013, p1 

    Digest of headline news as of 3:30 p.m. Moscow time on November 15:

  • Desperate to collect taxes, Russia can't. Matloff, Judith // Christian Science Monitor;9/1/98, Vol. 90 Issue 195, p1 

    Reveals that tax collection in Russia during the 1998 financial crisis is very difficult because businesses and individuals do not have the money to pay. Why tax collection is a priority in Russia; How the devaluation of the ruble has impacted banks and citizens; Who will suffer the most if the...

  • THE DEATH OF THE BAD IDEA. Dornbusch, Rudi // Newsweek (Pacific Edition);11/19/2001 (Pacific Edition), Vol. 138 Issue 21, p32 

    Focuses on the growth of postcommunist Russia's economy. Factors that have been key to Russia's transformation, such as Russian Prime Minister Vladimir Putin's leadership, rising oil prices, and changes in the political landscape; View that the stability and growth in Russia are grounds for...

  • The announcement effects of less-developed countries debt reduction plans and the stock returns... Dar-Hsin Chen // International Journal of Management;Mar1999, Vol. 16 Issue 1, p21 

    Focuses on the stock market reaction of United States money center banks to the Brady Plan announcement on March 10, 1989. Background of the international debt crisis and the relief packages; Positive effects of the Plan on the share prices of the money center banks with exposures to debt of...

  • Myths and Lessons of the August Crisis. Illiarionov, A. // Problems of Economic Transition;Sep2000, Vol. 43 Issue 5, p47 

    Focuses on the financial crisis in Russia which culminated in August 1998. Decisions made by the government of the Russian Federation and the Central Bank of Russia on August 17; Definition of modern financial crisis; Official explanations for the August crisis.

  • Modeling the Russian Economy in Crisis Conditions. Pospelov, I. // Problems of Economic Transition;Oct2010, Vol. 53 Issue 6, p63 

    The article considers features of the current global crisis with respect to the principles of mathematical model building. It describes the formal structure, substantial characteristics, and preliminary results of calculations for the model of the Russian economy are described as well as its...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics