He said his firm is financially solid enough to bear the risk of self-insurance.
But dismissing the case, Judge Andrew Keyser QC the company had been the third and final link in a contractual chain and it would be wrong to make the householders bear the risk of the money paid by Zurich "disappearing in Rok's hands".
And bringing the implicit guarantee of other sovereigns to bear against the risk of redenomination would create new problems.
When it comes to the financial service industry, the sell-side of the business is in a bear market for the foreseeable future because of that risk.
Mr. Roberson says the disks above his fused vertebrae wore out within 18 months of the operation because of the extra stress they had to bear a risk of fusion surgery.
But the Fed just felt like they couldn't take the risk of having Bear Stearns, which has hooks in so many corners of the financial market, not just go bankrupt but go bankrupt so quickly.
However, other factors, including a broader retrenchment in the willingness of investors to bear risk, difficulties in valuing complex or illiquid financial products, uncertainties about the exposures of major financial institutions to credit losses, and concerns about the weaker outlook for the economy, have also roiled the financial markets in recent months.
Farmers bear the bulk of the risk as consumers sort out what they want.
So the central part of this is to make sure that in future financial crises, that banks bear the cost of any risk the government has to take to protect the economy.
The role, which the Fed rehearsed with its rescue of Bear Stearns, would allow it to hunt anywhere for systemic risk, including among the entangled roots of hedge funds and investment banks.
The last thing I kind of add to that is: The ability to bear risk is an asset.
But in a regulated environment, ratepayers are the investors, and they bear much of that risk.
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His advice encourages investors to seek the benefits of preparation and risk management, the essential elements for investing through this secular bear toward the next secular bull market.
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Sometime in March 2008, those others decided Bear was too great of a risk and stopped being the other side of those trades.
Both survivors say they are nowhere near as exposed to the risk of a sudden dearth of liquidity as Bear Stearns was.
Individuals may have different preferences as to how much risk they are prepared to bear in pursuit of the pleasures of the flesh.
In a private partnership, the people who run the firm, rather than outside shareholders, bear the brunt of losses a structure that discourages reckless risk-taking.
The US Fish and Wildlife Service must now decide whether to list the polar bear as endangered, or to put it in a lesser category of risk such as threatened, or to keep it off the list entirely - an option which would immediately lead to further legal action from the conservation coalition.
Its exceptionally long range, large payload and resilience to detection and attack by even advanced air defenses (like those fielded by Iraq) offer policy-makers the means to bring weapons to bear on distant targets with a minimum of delay or risk of loss of American lives.
Like Mr Grasso, he believes that the secular forces driving America's (and the world's) conversion to an equity culture will outlive a bear market: indeed a correction has its uses, because it reminds investors of the link between risk and return.
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History is made when men and women decide that there is a greater risk in accepting a situation that we cannot bear than in steeling our spine and embracing the promise of change.
There have been many equity bear markets in history and investors are exposed to the real risk that they will have to sell in the middle of one.
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