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Word: abyss (lookup in dictionary) (lookup stats)
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...bets hedged would suddenly have "unbalanced books." That could lead to firms other than AIG failing, which could lead to still more firms failing, which could lead to what economists call "systemic failure." Or, in plain terms, a financial death spiral in which firms suck one another into the abyss...

Author: /time Magazine | Title: How Financial Madness Overtook Wall Street | 9/18/2008 | See Source »

...flock of sheep who jump into the abyss just because one sheep has done so.' YULIA TYMOSHENKO, Ukrainian Prime Minister, refusing to resign after President Viktor Yushchenko's party left the ruling coalition, causing the government to collapse...

Author: /time Magazine | Title: Verbatim | 9/18/2008 | See Source »

...needs to be put in perspective. Despite his much-vaunted heroism, he failed in many ways to measure up to the standards of either a great writer or a great man.A quick glance into the biographies behind the marbled busts of the literary pantheon is enough to reveal an abyss that separates these two distinctions. The debauched aesthetes of the 19th century, intoxicated with les fleurs du mal and the Baudelairean myth of a mysterious alchemy between vice and lyrical vision, now look frivolous from the vantage point of this more cynical era. Over time, evil has lost much...

Author: By David L. Golding | Title: Mourning Alexander Solzhenitsyn | 9/14/2008 | See Source »

...catalog, she wonders why she and others are so interested in the convicts' stories: "Is it a sense of impotence of our effect, of our power to act in the world in a meaningful way? Are these women's stories a life affirmation to counteract the existential abyss that can sometimes fill our horizons in our time?" For Maureen Upfold, the message is simpler: Know who you are and where you came from, and don't waste a second being ashamed of what you find...

Author: /time Magazine | Title: Factory Girls | 7/31/2008 | See Source »

...Zimbabwe's Turmoil Prime Minister Robert Mugabe helped "liberate" the people of Rhodesia/Zimbabwe from white rule 30 years ago, but since then he has led them into an abyss of misery. His only goal has been to hang on to power - and while the Western world is shocked by his abuses, no other African leader has had the gumption to unequivocally condemn his tyranny and misrule. Allan de Sousa, Lisbon...

Author: /time Magazine | Title: Inbox | 6/26/2008 | See Source »

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