Word: crashing
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...Bejski commission concluded that the banks' practice of trading in their own shares amounted to illegal manipulation. Its report criticized Mandelbaum and other government officials for failing to take any action to prevent the banks from bringing on the stock crash...
...commission led by Moshe Bejski, a Justice of Israel's Supreme Court, last week censured 16 people who were top banking and government finance officials at the time of the country's infamous 1983 bank-stock crash. Most of them had left their jobs after the debacle. Now the Bejski panel has recommended that six senior banking officials be fired if they refuse to resign. The six are the heads of five major private banks and Moshe Mandelbaum, governor of the government-run Bank of Israel, which is the country's counterpart to the U.S. Federal Reserve. The commission urged...
...picture school closings and factory layoffs. Sauter likes to talk about capturing the big emotional "moments." He chewed his staff out when it failed to show a picture of Nancy Reagan dabbing a tear from her eye at a memorial service for servicemen and -women killed in a plane crash in Gander, Newfoundland. Tears often seem to preoccupy CBS. The camera zeros in on someone in church crying, unable to escape this invasion of privacy. Sauter is a strong believer in "letting emotions exhibit themselves" and says that he relies on the "gracefulness" and caution of his staff to keep...
...Sandinistas turn a jungle crash into an electrifying propaganda coup. For the U.S. Congress, nettlesome questions arise over who sponsored the mission and whether the CIA was involved. Suspicions about Damascus' support for terrorism harden in London and Paris. TIME's editors travel to Syria for a rare and wide-ranging interview with President Hafez Assad...
...gung-ho patriot and soldier of fortune, had been captured after parachuting from a U.S. plane that was shot down by Nicaraguan soldiers while on a mission to deliver arms to contra rebels in southern Nicaragua. Three other men, two Americans and a Nicaraguan, were killed in the crash...