Savings
in sentence
1605 examples of Savings in a sentence
There is no retirement savings, no nest egg.
The median household in the US only has enough
savings
to replace one month of income.
We all remember the three-legged retirement income stool which had the
savings
and pension and social security.
Half of all American households have no retirement
savings
at all.
With
savings
down, pensions becoming a relic of the past and 401(k) plans failing millions of Americans, many near-retirees are dependent on social security as their retirement plan.
During the
savings
and loan debacle in 1984, we looked at every single failure, and we looked for common characteristics, and we discovered this recipe was common to each of these frauds.
We got warnings that we could have taken advantage of easily, because back in the
savings
and loan debacle, we had figured out how to respond and prevent these crises.
Now, we've seen this before in the
savings
and loan debacle, and we know that this kind of fraud can only originate from the lenders, and that no honest lender would ever inflate the appraisal, because it's the great protection against loss.
The
savings
and loan debacle is basically the early 1980s through 1993, and in the midst of fighting that wave of accounting control fraud, in 1990, we found that a second front of fraud was being started.
And we said, yeah, you're absolutely right, and we drove those liar's loans out of the industry in 1990 and 1991, but we could only deal with the industry we had jurisdiction over, which was
savings
and loans, and so the biggest and the baddest of the frauds, Long Beach Savings, voluntarily gave up its federal
savings
and loan charter, gave up federal deposit insurance, converted to become a mortgage bank for the sole purpose of escaping our jurisdiction, and changed its name to Ameriquest, and became the most notorious of the liar's loans frauds early on, and to add to that, they deliberately predated upon minorities.
Well, the government, as I told you, when we were the
savings
and loan regulators, we could only deal with our industry, and if people gave up their federal deposit insurance, we couldn't do anything to them.
What about the response of the prosecutors after the crisis, after 11 trillion dollars in losses, after 10 million jobs lost, a crisis in which the losses and the frauds were more than 70 times larger than the
savings
and loan debacle?
Well, in the
savings
and loan debacle, our agency that regulated
savings
and loans, OTS, made over 30,000 criminal referrals, produced over 1,000 felony convictions just in cases designated as major, and that understates the degree of prioritization, because we worked with the FBI to create the list of the top 100 fraud schemes, the absolute worst of the worst, nationwide.
Roughly 300
savings
and loans involved, roughly 600 senior officials.
They have produced crony capitalism, American-style, in which the largest financial institutions are the leading financial donors of both parties, and that's the reason why even after this crisis, 70 times larger than the
savings
and loan crisis, we have no meaningful reforms in any of the three areas that I've talked about, other than banning liar's loans, which is good, but that's just one form of ammunition for this fraud weapon.
Or whether to donate your life
savings
to charity.
This is all women's savings, women capital, no outside investors asking for a business plan.
No. It's our own rural women's
savings.
Which is a
savings.
But Debbie doesn't have the
savings
for higher education.
Or, "Would you like to use your
savings
card today?"
Actually, the
savings
would be larger than that 30 billion because remittance channels are also used for aid, trade and investment purposes.
Annually, migrant
savings
are estimated to be 500 billion dollars.
It was described in a gambling father who had lost his life's
savings
with a roll of the dice, in a bride who'd been left at the alter.
This is an opportunity for families to use their energy
savings
to sponsor their future.
And no one would put their life
savings
in the hands of those notorious smugglers if there was a legal way to migrate.
We used up all of our tax returns and half of our
savings
during my six unpaid weeks.
Not one more family should have to drain their
savings
account to buy a few days of rest and recovery and bonding.
And I think any time they're spending with me is time they're not spending scamming vulnerable adults out of their savings, right?
So the best that our little
savings
accounts or retirement accounts can do is to try to catch some waves in the good cycles and hope that we don't get inundated in the turbulent ones, but certainly our decisions on how to steer our little retirement accounts don't affect the tides, don't change the shape or size or direction of the waves.
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