Word: crashing
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...Friday to close at 1867.04, up 100.30 for the week. Economists were encouraged that the record deficit did not send the stock market into a free fall; they remembered well that a less bleak trade report and a drop in the dollar helped trigger the Black Monday crash. The reason for the milder market reaction this time was that investors were no longer afraid that the Administration and the Federal Reserve will try to defend the dollar with higher interest rates...
...Greenspan is moving very cautiously. In the immediate aftermath of the crash, he rushed to reassure the markets by pumping money into the economy. But since then the Fed has returned to a more conservative monetary stance, and interest rates have started to creep up again. The economists foresee a long-term continuation of that trend, with the prime rate that banks charge for commercial loans hitting 9.5% at the end of 1988, compared with...
Delay, though, could be costly. Warns Nakagama: "You might have another stock-market crash next spring if the Government doesn't do enough on the budget side. After all, if you are running at full employment, then what the hell are you doing with a $150 billion deficit...
...problem here," said a voice on the cockpit tape recorder recovered at the crash site. Then came other, more ominous sounds...
...rushing out of the pressurized cockpit through a bullet hole in a window or wall. Patricia Goldman, head of the National Transportation Safety Board's on-site investigators, said they could find "no apparent problems with the aircraft, frame, structure or engines" that would have led to the crash. Other investigators suggested that both the pilot and copilot had probably been shot. An inert body, slumped against the controls, could throw the plane into a dive...