Word: crashing
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Dates: during 1990-1999
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While Congress has been eager to investigate debacles like Drexel's, it has shown little interest in enacting new laws to curb financial markets, even after the 1987 crash. The real lesson of the fall of the most money-mad firm of a money-mad decade is that in any free market, a heedless competitor can lead virtually the whole industry astray. The pendulum is swinging back now, but the impact of the debt that Drexel's junk bonds loaded on corporate America will not vanish as swiftly as the perpetrator...
...writing in response to Andy Fine's February 20th article on last weekend's CRASH-B Sprints. I was horrified and, unfortunately, not very surprised that Fine's article did not once mention the presence of Radcliffe Crew at the event. Not only was a large portion of the squad competing, we had a very competitive group of athletes qualifying for the finals. In the open collegiate division, Kristi Stoddard and Cecile Ulbrich qualified with 2500 meter times of 9.01.6 and 9.05.5 in their respective heats. Stoddard rowed a time of 8.53 to finish second in the final only...
...hard to see why. Since September alone, Goodman has helped Al Pacino catch a serial murderer in Sea of Love, watched Richard Dreyfuss crash to earth in Always, and dried Bette Midler's tears in the just released weeper Stella. He is currently shooting a sci-fi film for Steven Spielberg, Arachnophobia, in which he plays an exterminator battling killer spiders. All that in addition to his regular weekday job: playing Roseanne Barr's TV husband in the top-rated ABC sitcom Roseanne. "More has happened to me in the last year," says Goodman, "than anybody except maybe Nicolae Ceausescu...
...wait in long lines, sometimes for hours, to purchase such "luxuries" as soap, coffee and sausage. Meat that is not nine-tenths gristle is seldom available. Yet special shops for higher-ups are well stocked. On New Year's Eve people who rushed to the scene of a car crash in the Ukrainian town of Chernigov were incensed to discover a lavish cache of meats and vodka in the trunk of the damaged official vehicle. They seized the delicacies and smashed the car to bits, then towed its carcass to the local party headquarters...
...Certain schools have gotten more involved in [higher-risk areas], but it depends on the attitude," Weil says, adding that many institutions abandoned this foray after taking heavy losses in the October 1987 stock market crash...