Word: crashing
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Three weeks after the stock market crash in 1929, Lawrence J. Fava jumped into the Schuylkill River in Philadelphia. He was a middle-aged real estate dealer, and he was "frantic" about the losses he had suffered, according to his suicide note. He left the note on the Girard Avenue Bridge and then leapt into the dark, frigid water, according to a small item published that month in the New York Times. But Fava survived the fall, and he regretted his decision at once...
...Golf Crash Sean Gregory starts his article "Crash Course" [Oct. 6] with the words "Golf carts are fun little buggers." If Mr. Gregory or the editors of TIME had checked a dictionary for the correct definition of the word "bugger," your readers would not have been subjected to such cheap, inaccurate and irresponsible journalism. Peter Woodward, MIERLO, NETHERLANDS
...participate in the government's rescue program and a public-works fund to rebuild the nation's infrastructure while keeping people employed. He embraced McCain's proposal to suspend the rule that would require retirees to start liquidating their 401(k) holdings at the bottom of the stock-market crash. And he went a step further, proposing that Americans should be able to withdraw some of those retirement savings without penalty during the economic crisis...
Austrian far-right politician Joerg Haider, who was killed in a car crash in his home province of Carinthia very early on Saturday morning, was his native country's best-known person, his sharp and perpetually tanned features ubiquitous on television and magazines. He was also Austria's most polarizing figure, with an impact far beyond that country's borders. During a long and checkered career, Haider stood out from the crowd of post-war Austrian politicians with his good looks, athletic lifestyle and devilish talent for provocation. But he was also a populist and demagogue who played...
...indexes in Asia and Europe opened trading with breathtaking falls of up to 10%. Though most markets partially rallied to limit losses to single digits, it represented only the most recent in a series of bearish days that threaten to transform a global credit crisis into a global economic crash. Does this make sense...