Word: atm
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Dates: during 2000-2009
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...higher short-term interest rates when the Fed meets March 21, and a rate boost or two after that seems likely before summer. Rising short-term rates squeeze bank profit margins and, more important, dampen loan demand. That's why bank stocks have been crashing faster than your favorite ATM, shedding 40% of their value since interest rates started climbing rapidly more than a year...
...pocket which Tony, the elderly Asian man dealing at the table, changes into chips during a break between hands. This amount soon dwindles, becoming nothing at all within 15 minutes. I ask Tony to place a marker for me and I get up to hit the restroom, the ATM and the smoking section of the casino floor. Gone for less than five minutes, I return to find Tony replaced by Annie, a shuffle of the 8-deck shoe in progress and the largest white man I have ever seen sitting in my spot. My marker is gone...
Fear itself was virtually nonexistent on Friday, with almost no one making a last-minute ATM run, leaving the $50 billion of extra cash the Federal Reserve had printed for the occasion to be turned into mulch later this month...
...Year's Eve, grass-skirted dancers perform under fireworks in front of the ancestral figures; but come New Year's Day, all is just eerie midsummer stillness again, the only sound the wind whistling in your ears. It may be that something tumultuous happened to your laptop, or that ATM down the road; but on an island 1,300 miles from the nearest inhabited landmass (Pitcairn, pop. 65), all such disturbances pass like a distant storm at sea. "The race is not to the swift," wrote D.H. Lawrence in the past millennium, "but to those that can stand still...