Word: crashing
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Dates: during 2000-2009
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...With the IPO market suddenly booming, China's companies are only too happy to indulge pent-up investor demand. The crash in global markets had virtually shut down new listings. Only two Chinese enterprises went to market in the U.S. last year, down sharply from 29 in 2007. Now there's a rush to list. Accounting firm Ernst & Young says it is working on 108 IPOs; most of the offerings are by Chinese companies planning to list in China, Hong Kong or both. Meanwhile, Chinese technology firms are expected to head to the U.S., which has long been the market...
...could count Bullock's above-average pictures on one hand and not use the thumb. Her two early hits, plus A Time to Kill and the sinfully enjoyable Miss Congeniality, would just about exhaust the list. Even adding the very debatable large-ensemble Crash wouldn't give her a high batting average, considering her subpar romantic comedies (Two Weeks Notice), dramas (The Lake House) and female-bonding weepies (Divine Secrets of the Ya-Ya Sisterhood). Yet every year or so, Bullock goes back in front of the camera, trying to prove there's a place in movies for a star...
Investigators are still sorting through the wreckage of Monday's crash of two Metro rail cars in Washington, D.C., the deadliest in the system's 33-year history, which killed nine people and injured scores of others. Federal officials said on Tuesday that the train that rear-ended another was an older model that lacked equipment that might have helped avert the collision and, according to the Washington Post, had been overdue for needed brake work...
Although public transit is aging, it's worth noting that it is not unsafe - crashes like the one in D.C. are an anomaly, and statistically, riding a train is far safer than driving. Still, failing to shore up transit is an invitation to risk, and while accidents may be infrequent, as the Metro crash may show, they can be deadly...
...stock-market crash gave Shiller and Summers all the ammunition they needed. "If anyone did seriously believe that price movements are determined by changes in information about economic fundamentals," Summers said just after the crash, "they've got to be disabused of that notion by Monday's 500-point movement." The crash also demonstrated that prices didn't follow the statistical model of a random walk--if they did, a 20% one-day market drop like that of 1987 should happen only once in billions upon billions of years...