They ended early in the huge bounce off the biggest bear market since the Great Depression.
It started with the final stages of a big bull market, then we got the second biggest bear market since the Great Depression, a five-year bull market in which stocks over doubled, the biggest bear market since the Great Depression, and the massive start of a new bull.
As a net borrower, the business sector will bear the biggest impact if the Fed gets tight, yet profits are still hitting new records, especially for the smaller, more credit-hungry businesses most sensitive to rates.
It is quite easy to fit some policies aimed at the top and bottom of society in to this template - for example, as those with the broadest shoulders should bear the biggest burden, there would be a new levy on banker's bonuses.
And the biggest expense they bear will be the taxes and contributions that are supporting pension, health care, and nursing programs for the older generation.
FORBES: Generational Accounting and Japan's Social Welfare State
Mr. Kreisberg said Rhode Island workers have been made to bear the biggest burden of the pension overhaul.
With technology stocks among the biggest casualties of the bear market, Ragas is looking to find bargains among the wounded while avoiding the mortally ill.
Now perhaps this article is the biggest pile of polar bear poop since the New York Times trusted Jayson Blair to get his facts straight.
Morgan Stanley is one of the three biggest in the prime brokerage business, along with Bear Stearns and Goldman Sachs.
Bear Stearns, one of the biggest investment banks on Wall Street, 85 years old.
Last month, rival Bear Stearns, one of the biggest Wall Street firms in the mortgage securities business, disclosed billions of losses in two hedge funds it managed, largely because of subprime mortgage securities that triggered margin calls and redemptions.
They accelerated in the spring, when UBS shut down its Dillon Read hedge fund after losses in subprime bonds, and really hit a tone of urgency in June, when Bear Stearns, one of the biggest arrangers of mortgage bonds on Wall Street (and presumably, thus, an expert) was forced to shut down two of its hedge funds because of overwhelming redemptions and margin calls.
Bear Stearns, one of the five big Wall Street brokerages and among the biggest players in the once high-flying mortgage business, had to resort to a rescue Friday by the Federal Reserve, using JPMorgan Chase as its open door to the Fed's discount window.
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