Word: crash
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Dates: during 1980-1989
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Taking lessons in stoicism from Rookie Manager Tom Kelly, Minnesota was inclined to regard it not as a crash but as a correction. From the July All- Star Game to the October playoffs, Gary Gaetti, Kent Hrbek and Kirby Puckett brought all their muscle to bear, and still the Twins won just nine away games. For that matter, the last time the franchise managed a World Series victory on the road, the Washington Senators won it and Walter Johnson pitched it. Naturally, the people of St. Louis cannot imagine a more genial place than Busch Stadium, though their perspective...
Richard Gephardt displayed his mastery of the intricacies of the market crash in almost textbook fashion: he lectured a sleepy high school class in Sioux City, Iowa, on the global economy, complete with chalk diagrams. Gore jettisoned his standard text and went after the President with lines like "What crashed on Monday was not only the stock market but Reaganomics as well." Still, Bruce Babbitt remains the only Democrat to confront the deficit boldly, especially with his underdog challenge to middle-class entitlement programs...
...event, Iowa voters were in no mood to be patronized on the economy, as Pete du Pont learned to his mild distress. Visiting a weekly newspaper in Onawa, du Pont depicted the stock market crash as a "vote of no confidence" by millions of small investors who did not like the presidential front runners in either party. Loren Sawyer, 27, whose mother publishes the paper, was not about to let that comment pass unchallenged. "I didn't know small, grass- roots investors pulled out," said Sawyer. "I thought it was the investment banks and large firms that panicked." Du Pont...
...Wall Street investment bank. But he is not satisfied. Fox dreams of scoring the big trades. He gets his chance when he meets the wealthy corporate raider Gordon Gekko. "I'm offering you rich," says Gekko. Enticed, Fox takes off into the stratosphere of high finance, only to crash-land a year later...
...real Wall Street's current mood. Says Kenneth Lipper, a former partner at Salomon Brothers and the movie's chief consultant: "There is a brooding omnipresence that the prosperity on Wall Street is headed toward a cataclysmic end." Stone, however, downplays the parallels. "You see the shadow of the crash, but Wall Street is the story of an individual...