Word: crash
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...extra 5% you lose an extra $10 or $15 billion. All the metrics have the effect of underestimating the impact of the possibility of very large deviations. In other words it tells you how uncomfortable the plane ride is going to be, but tells you nothing about the crash...
...after the crash, most of those preferred shares seemed so cheap that Graham couldn't bear to part with them, he wrote in his memoirs. They kept falling, and his profit soon turned to a loss. His fund (equivalent to a modern hedge fund) ended the year down 20%. In 1930 it dropped 50.5%; in 1931 16%; in 1932 3%. "The stock market," as Graham resignedly put it in the first edition of his book with David Dodd, Security Analysis (1934), "is a voting machine rather than weighing machine...
...Surviving a crash isn't just a matter of everyone holding hands. Strong institutions matter. While banks toppled throughout the region, Hong Kong banks, with their conservative internal controls, came through the crisis virtually unscathed. They've been through crises, panics and bank runs before, and they didn't play the financial games that hurt their counterparts in places like Thailand and South Korea...
...force. While the U.S. has welcomed a host of post-communist nations into NATO, it has been unable to rally its allies, new or old, around a clear vision of what NATO's role is or what its future might be. And though, in the wake of the financial crash, President Bush has endorsed the French suggestion of holding a conference that might lead to new arrangements to govern the international financial system, it was the British government, not that of the U.S., that first understood that recapitalization of financial institutions was the key to short-term amelioration...
...have been that surprised. Marx knew the power of cataclysmic financial events to shake the world’s faith in neo-liberal doctrine. In the wake of the 1857 stock market panic, Marx wrote to his friend and co-author Friedrich Engels, “The American Crash is a delight to behold and it’s far from over.” Yet that downturn—along with all of the other shocks and recessions that have periodically plagued American economic history—ultimately failed to break the proletariat from its chains...