However after the down turn in traffic post the Financial crisis of 2007–08, since 2009 the depot has had no allocation of locomotives and is only used for light maintenance and fuelling.
Construction began in 2007 however was halted due to the financial crisis.
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As part of the financial crisis of 2007–2008, AIG suffered a liquidity crisis resulting in it being bailed out by the Federal Reserve, and the United States Department of the Treasury receiving warrants to acquire a controlling stake in the company.
Additionally, Foster has worked to expand Sweezy and Baran’s theory of monopoly capital in light of the current financially led phase of capitalism, which he terms "monopoly-finance Capital." In this context he has written several articles for Monthly Review on the financialization of capitalism and financial crisis of 2007-08.
Xuereb has written on the financial challenges facing the modern AFM with regards to the global financial crisis in the United States Naval Institute Proceedings magazine.
Ciobo said Peter Garrett's move to scrap the Uluru climb would be another setback to the tourism industry which had been hit hard by the global economic downturn.
In September 2008, in the depths of the financial crisis of 2007–2010, both Ben Bernanke and Paul Krugman popularized a version of the quote in reference to financial crises.
In February 2009, Grant made an inquiry to Bernie Ripoll, the Labor MHR for Oxley which covers Ipswich, about possibly obtaining financial assistance for his car dealership under OzCar, a proposed government funding scheme for car dealerships that had lost access to financing as a result of the global financial crisis.
In his Policy Address on Nov 11, 2008, Chief Executive of Macau Edmund Ho announced that the region would have another wealth sharing scheme in the next fiscal year (2009) to help offset the negative economic influence of the Financial crisis of 2007–08.