Word: crash
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...STOCK-MARKET CRASH In the months after Black Monday, gold reaches its highest price in five years...
Some of these electronic bulletin boards, known as hospitality-exchange sites, hook up travelers with locals who don't mind having someone stay in an extra room, crash on an empty couch or even pitch a tent in the yard. Many allow people to take turns hosting one another in their homes. And others arrange work for temporary room and board. A few charge nominal fees, but most are free. "What used to be a fringe hobby for a few travelers is becoming a mainstream phenomenon," says Daniel Hoffer, co-founder of Couch Surfing, which has nearly 470,000 users...
...simply read a line graph at the reservoir's visitor center, which tracks the water elevation of Lake Mead since it was created by the construction of the Hoover Dam in 1935. After years of relative stability, starting in 2000 the graph resembles the record of a stock-market crash. The visitor center's chart stops at 2006, but as a park ranger tells me, "It just keeps going down from there...
...Federal Reserve to lend up to $30 billion to JPMorgan Chase to absorb floundering investment bank Bear Sterns. Summers said that the takeover was “as dramatic an episode for the U.S. financial system as we’ve had” since the stock market crash of 1987, but he called the decision “appropriate.” Summers criticized current Treasury Secretary Henry M. Paulson, Jr., for being too timid in the wake of the sub-prime mortgage crisis. While more caution could have helped avert the problem, Summers said, the same impulse...
...earth movie star. In the '60s I attended a meeting with colleagues in Hollywood, and we were in the Ambassador Hotel the night Barbra Streisand had her opening at the Cocoanut Grove. After the show there were stars galore in a hospitality room. Two associates and I decided to crash the party, which was easy. To make a long story short, I spotted Henry Fonda all by himself and said, "Hello, Mr. Fonda." His first words were "Call me Hank." I mentioned I had been raised in his home state of Nebraska, and we must have talked...