Word: crash
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
When James J. Pak '88 thought about his plans after graduation, he considered applying for a job in investment banking. But because of the recent stock market crash, Pak says he will definitely not go into investment banking...
Merchants said that the Wall Street crash will probably not effect their Christmas profits. "In the 61 years that people have been keeping records, each Christmas has always been better than the previous years," said Coop President James A. Argeros...
Paul J. Macdonald, manager of Leavitt & Peirce Tobacconist, said that his sales had been slower this year than last. But he attributed this declineto "anti-smoking sentiment" in the nation ratherthan the Wall Street crash...
...dark days after last month's stock-market crash, there was one glimmer of hope: the calamity would shock Washington out of its derelict disregard of the deficit and force some courageous budget decisions on Congress and the White House. With great fanfare and high expectations, a "domestic summit" was convened. President Reagan agreed to drop his reflexive opposition to any taxes. Congressional leaders made so many declarations about the need for cooperation that they began to sound almost sincere. Partisan quarrels would be set aside. Now was the time for bold action...
...short, a close call. But the Journal article warns that the near disaster on the day after the dizzying crash "raises the specter that such a crisis could strike again." Perhaps most worrisome of all is that the stock market shot down on that Monday and up again on Tuesday without any compelling political or economic event serving as the trigger. Should a war, assassination or other crisis of serious proportions strike, no one really knows just what it might do to the world's shaky markets...