Word: bearings
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...autumn of 1987 made him, for a time, one of the most influential Wall Street gurus. After the market started its 1990s bull run, though, Prechter seemed to lose his touch. In 1995 his book At the Crest of the Tidal Wave predicted the onset of a "great bear market." The bear arrived, but not for five years. In 2002's Conquer the Crash he predicted the onset of a "deflationary depression." Again, he was years early. (See 10 big recession surprises...
Evidence pointing to excessive risk-taking by executives at investment banks Bear Stearns and Lehman Brothers continues to emerge more than a year after the two investment banks collapsed in 2008—this time from a paper released online this weekend by three Harvard Law School affiliates...
...work seeks to contribute to this ongoing examination. We do by showing that the examples of Bear Stearns and Lehman should not be used as a basis for dismissing the potential role of compensation structures in past risk-taking and the potential value of fixing such structures,” Bebchuk wrote in an e-mailed statement to The Crimson...
Another proximate cause were new loosey-goosey borrowing rules (if they can be called that) that allowed the likes of Bear Stearns and Lehman to pile $30 of debt onto each $1 of capital. The chief executives of these firms argued vociferously for the right to greater leverage and vociferously against regulating derivatives because, they claimed, unfettered markets were more efficient. Yes, it was the unfettered use of leverage and derivatives that destroyed their companies and wreaked havoc on the rest...
...member (who had Hysen as a host when he was a prefrosh) stands up to defend Hysen's teddy-bear qualities: "LOOK HIM IN THE EYE AND TELL HIM HE RIGGED THE ELECTION." Because a teddy bear can't rig election, silly...