Word: crash
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...news and documentary field is more rewarding. NBC has produced 1987: The Unforgettable Year, a 75-minute review of such major news events as the stock- market crash and the downfall of Evangelists Jim and Tammy Bakker, anchored by Tom Brokaw. An ABC-produced cassette on the 1988 Winter Olympics is a well- edited recap of the Games' emotional highlights (and no Dick Button commentary!). And The Confessions of Bernhard Goetz is a surprisingly gripping tape featuring the New York City-subway gunman's actual confession in a Concord, N.H., police station...
During last October's stock-market crash, Japan advised its investment houses to hold their shares in U.S. companies. The restraint helped keep the collapse from becoming more devastating than it was. Japan performed a similar service in March 1987 when the dollar went into a free fall. In a two-pronged effort, Tokyo fund managers held their U.S. securities, while the Bank of Japan bought dollars to stem the slide. The bank's U.S. currency holdings grew from $1 billion to $15 billion...
...memories of the October stock crash are fading, but in France aftershocks are still rumbling through the Paris Bourse. Investors were stunned by last week's revelation that $85 million of the $255 million in the reserve fund of the Association of French Stock Exchanges, a stockbrokers' group, had been gambled away on speculative investments. In the wake of the scandal, the president of the association, Xavier Dupont, and one of his top deputies, Philippe Cosserat, resigned...
Since February, Lamar and his brothers Nelson Bunker and William Herbert Hunt (estimated combined fortune: $1.2 billion) have been defendants in a New York lawsuit in which Peru-owned Minpeco SA alleges that the Hunts' manipulation of the silver markets caused the 1980 crash in the price of that precious metal. The Hunts pleaded innocent, saying that silver's tumble cost them $1.1 billion...
...moment, the risk of a recession brought about by the global stock- market crash has receded substantially as business confidence and consumer spending have revived. Our economies have been growing at a healthy annual rate of 3%, and inflation is projected to stabilize over the next two years at about 3.75% on average. The debt crisis appears to have eased somewhat, and on the trade front, the U.S. has finally started to reduce its huge deficit...