Word: crash
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Dates: during 2000-2009
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...available to banks to calm the nerves of U.A.E. depositors and investors. And if the credit crunch shakes out property speculators and slows Dubai's growth to a more sustainable level, it should have the added benefit of taming inflation. "I am not necessarily thinking we are in a crash scenario," says EFG-Hermes managing director Hashem Montasser. "The economic situation is still very sound. [But] we will see a deceleration of prices, and it's probably a good thing as long as it's done in an orderly way and doesn't turn into a panic. The market...
...long will it be followed? "Risk gets forgotten in all bubbles," says Peter Bernstein, an investment adviser and the author of Against the Gods: The Remarkable Story of Risk. "We've been down this particular road before." Indeed, we have. After every other trauma--the 1987 stock-market crash, the savings-and-loan crisis, the meltdown of the Long-Term Capital Management hedge fund--boisterous, unchecked risk-taking eventually rushed back in. "In times like this, people do listen to risk managers," says John Hull, professor of derivatives and risk management at the University of Toronto. "The problem is, times...
...Since most of the School of Public Health faculty had never taught—or even studied—under the case-based method, several instructors teaching case-based courses this term attended a week-long crash course at Harvard Business School over the summer that was meant to introduce them to participatory teaching...
...into flames. As police and ambulances rushed to the scene to carry dozens of injured motorists to the hospital, it was reported that the plane had been carrying Interior Minister Juan Camilo Mouriño, Mexico's equivalent of a Vice President. Mouriño died instantly in the crash along with seven others, including a top security adviser and former federal prosecutor, José Luis Santiago Vasconcelos, who had dedicated much of his career to the fight against drug gangs. (See pictures of Mexico's drug wars...
...leader and one of the top commanders in its war on narco traffickers sent shockwaves through the government of President Felipe Calderón, already reeling from an increasingly bloody fight against the powerful drug cartels. While officials could not immediately confirm the cause of the crash, Transport Secretary Luis Tellez said it appeared to be an accident rather than a bomb because much of the plane remained intact. Still, soldiers rapidly descended on the airport from which the aircraft had departed, in the western state of San Luis Potosi, where the officials had been holding a meeting on security...