Word: crashing
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Dates: during 2000-2009
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...soured, however, and Duer's bankruptcy brought down much of New York's economy in 1792; he died a few years later in debtors' prison. (The charter members of the Buttonwood Group, the predecessor of the New York Stock Exchange, first assembled to formulate a response to that market crash.) Nineteenth century railroad magnate Jay Gould didn't try to hide his flagrant insider trading; profits from buying and selling stock in his own companies helped make him one of the wealthiest men in U.S. history...
...when the U.S. Supreme Court ruled that that a director of the Philippine Sugar Estates Development Company committed fraud when he bought stock in his company without sharing information with the seller that soon boosted its value. But it wasn't until after the 1929 stock-market crash that Congress passed laws to limit such trading (although it didn't move to ban it outright) and created the Securities and Exchange Commission to enhance market oversight. As the stock market expanded in the 1960s, the SEC grew more aggressive in fighting insider trading, relying on a general prohibition against securities...
Shortly after “Austerlitz” was published, Sebald died in a car crash, aged 57. At the time, he was tipped to win the Nobel Prize for Literature in recognition of his literary achievements, including the meditative travelogue “The Rings of Saturn,” and “The Emigrants,” which tells the story of four individuals who—like Austerlitz—managed to escape the Holocaust but were forever haunted by the fate of those...
Imagine for a moment that on the lonely Friday night depicted in the Strokes’ 2003 single “12:51,” frontman Julian Casablancas decided to hit up a dance club rather than crash the drunken house party mentioned in the lyrics. The result would sound something like “11th Dimension,” the first single from Casablancas’ premiere solo album “Phrazes For the Young.” Featuring a bubbling electronic beat layered with disco sheen and synths torn from the Human League?...
...swine flu program has been shrouded in controversy from its inception. Last March, President Ford recommended a crash program to vaccinate “each and every American” against swine flu, after one soldier died in an isolated outbreak of the disease at Fort...