Word: crashing
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Dates: during 1980-1989
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...most thorough of inspections. Case in point: experts suspect that microscopic cracks on a 300- lb. revolving disk caused the tail engine on a United Airlines DC-10 to blow apart last July. The mishap crippled the jet's hydraulic steering system, killing 112 people when the plane crash-landed in Sioux City, Iowa. (McDonnell Douglas said last week that it would modify its DC-10s to ensure safe landings even if all hydraulic systems failed...
...selling spree in the volatile market for the high-yield securities. Last week their fears shot to the surface when Canada's Campeau Corp. said it might default on its debt, which is in part composed of junk bonds. That disclosure sparked the market's worst drubbing since the Crash of 1987, as traders rushed to dump their holdings. During the week, junk-bond issues fell in price by $10 to as much as $130 for each $1,000 in face value. The rout left Wall Streeters wondering whether the securities that had fueled the decade's wave of takeovers...
...York City, home-delivery services are springing up to rush gourmet fare from restaurants to the couch-bound affluent. In addition, many top-of-the-line restaurants are delivering their own plastic-packaged food, largely to combat the still lingering drop in business since the 1987 market crash. As a result, according to the Lempert Report, a food-industry newsletter, U.S. restaurants expect to sell more than $10 billion worth of home-delivered food in 1990, up from $2.6 billion...
...planning conference in Cologne the next day; another major, who was getting too old for active duty, offered to fly him there so that he could log some more cockpit time for himself. The two set off in a new Messerschmitt scout plane, got lost in the clouds and crash-landed in Belgium. The Belgian authorities thus found themselves in possession of the entire German invasion plan -- but could not be certain that this was not all a German trick. Conversely, Hitler soon learned that the Allies knew of his plans -- but the furious dictator could not be certain whether...
Recovery did come eventually, with lots of American and British loans, but the Wall Street Crash of 1929 started a worldwide depression to which the shaky German economy was especially vulnerable. Unemployment soared. The feeble Social Democratic coalition government collapsed. And Adolf Hitler, whose Nazi Party held an insignificant twelve seats in the Reichstag, suddenly became a voice that attracted attention. He was one of the first 20th century figures to master radio as an important political medium. His message: Down with the system. Vote for a leader who will bring us back to greatness...