the Big Three

Chad Lawton points to the 2008 financial crisis, when the Big Three American automakers - Ford, General Motors and Chrysler - faced staggering losses, and GM and Chrysler received billions in US bailouts to avoid bankruptcy.

When the Big Three of Roger Federer, Rafael Nadal and Novak Djokovic were in a tournament, the gold standard of the sport was on display.

On Wednesday morning, Lutnick went on Bloomberg to talk about how the Big Three U.S. automakers might get an exemption from the tariffs for a month; that change was announced later in the afternoon.

The “Big Three” index managers — Vanguard, BlackRock and State Street — combined are the largest shareholder at 96% of the largest 250 publicly traded companies in the United States, according to a 2020 analysis.

That study also documented that, “on average, the Big Three control 20.1% of shares at these companies.”