The Senate bill not does not fix what caused the panic of 2008 and in fact compounds the problems.
The classic example is the worst bust of the period, the panic of 1893.
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Did the M2M accounting rule, as defined in the 2007 FAS 157, cause the panic of 2008?
It is the panic of discovering that it (the system, self plus vehicle) is bigger than he is.
The Fed did not even exist in 1908, which began with stocks laid low by the Panic of 1907.
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But there were obviously some mistakes because of the panic of the moment.
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Nelson, the historian who has studied the panic of 1873, says today's economy might even be worse than the American economy in 1873.
The Panic of 1819 came about in the aftermath of a floating dollar during the 1812-1818 period, which was the result of the War of 1812 with the British.
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If those in this house survived the Panic of 1893 or the Great Depression, or bathed with cold water and used an outhouse, then surely I know I can weather high gas prices.
As its title suggests, this work brings its readers from the Crash of 1929 and ensuing Great Depression through economic confusion that set the stage for the Panic of 2008 and the Great Recession.
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In fact, the Fed was established as a result of the Panic of 1907 and the discount mechanism and rate were the only tools of monetary policy given to the Fed in the Federal Reserve Act.
And what we've seen is, is that companies shed jobs very quickly, partly induced by the panic of what was happening on Wall Street, and they are still tentative about hiring back all those people who were laid off.
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At the height of the financial panic of 1907, Teddy Roosevelt, who had done much to bring the panic about by inveighing against big business, at least had the good sense to stick to his bear hunt and let J.
"It was really the shock of the financial panic in the week of Sept. 15 that ricocheted around the world nearly instantaneously that has made the worldwide contagion effect utterly dramatic, " Sachs says.
He has not used his newfound authority to hack at the root of the current panic, the regulatory mandate to mark these assets down to panic prices, even on the balance sheets of those companies who are not engaged in panic selling.
The Bank Panic of 1907 is considered the primary catalyst in the creation of the Federal Reserve System.
This combination made the financial panic of 2008 more likely, and the ability of regulators to spot the risk less likely.
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The Senseless Panic of 2008 led to a collapse of the economy and caused enormous pain to millions of people.
The Securities and Exchange Commission (SEC) is one of the principal culprits in the financial panic of 2008.
The panic surrounding guns in America makes no sense except as yet another instance of the broader panic surrounding our fears of premature death, of tragedy, and of the senselessness of suffering.
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The major decline in stock prices on Wednesday had some of the earmarks of a panic selloff, as the gains of the past five days were quickly erased.
The absence of panic when the market fell on Monday, contrasted with the mayhem of 1987, may have reassured many investors.
If the key support levels are violated early this coming week, it is likely to trigger another wave of selling but I doubt it will have the panic qualities of what occurred in August.
For the next six months, just sucking in old Symbian fans and 10-30% of the Blackberry base could be enough to beat consensus expectations after the Nokia panic of this week.
Still, it would be foolish to ignore the possibility that the repercussions of the present crisis will be made much more far-reaching if it precipitates the sort of panic that took hold after the accident at the Three Mile Island nuclear facility in 1979 or the oil leak off Santa Barbara a decade earlier.
But overnight they had to list these securities as worthless nevertheless because of the desperation, panic sales of others, under the mark to market regulatory requirements.
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