Word: crashingly
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Dates: during 1950-1959
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...daughter, 4. She is a staunch Communist Party member and is reputed to frown on Sedov's grandfatherly Gemiit-lichkeit. With her is Cosmic Ray Expert Lydia Kurnasova, about 45, who looks like Eve Curie. Her husband, a Russian sportsman, was killed in a car crash several years ago. Her hobby, she says, "is looking at beautiful things...
...last day of the Barcelona conference, Sedov announced that he had known before he left Russia that the Sputnik, a crash program, was about to be launched. He also predicted that the Russians would "soon" send a rocket to the moon...
...establish tax losses against gains made earlier, forced selling on margin accounts as prices declined beyond what traders could bear. Underlying all was the growing uncertainty about the course of the U.S. economy, and indeed the nation itself. Early announcements that the U.S. would not embark on a crash program to catch Soviet Russia's earth satellite had a depressing effect. Investors were increasingly worried about high interest rates that led economists to forecast a slight fourth-quarter decline in the rate (currently $37 billion annually) of expenditures for new plant and equipment, the first drop since the first...
...heard the beeps of the Soviet Sputnik more clearly last week than U.S. toymakers, who lost no time blasting off on an 18,000-m.p.h. orbit all their own. Looking ahead to Christmas, the toymen were already well-stocked with an arsenal of celestial hardware. They quickly launched a crash program to unwrap the stuff. "The second I heard about the Russian satellite," said one somber-voiced toyman, "I knew we had to move fast...
...within a few months (TIME. June 25, 1956). The stock plummeted last year to $1.75 a share because of the overexpansion, has since been suspended from trading on the American Stock Exchange; Bellanca subsidiaries folded or were sold, and Sid Albert himself lost about $8,000,000 in the crash. The man who will pick up the pieces: Bellanca Vice President Arthur K. Rothschild. 40, a former Internal Revenue Service agent, who joined Albert's family business in Akron in 1949, went over to Bellanca Corp. in 1955 as treasurer and director. Rothschild will now try to salvage...