Word: crashingly
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Dates: during 1970-1979
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...expanded by $2.8 billion in the first week after the "Volcker Package" was announced, and the Fed immediately began tightening credit and forcing up interest rates still further. This drove the Dow Jones index of industrial stocks down an extra 24 points last week, renewing memories of the Great Crash that occurred 50 years ago this month (see following story...
...next week, recalls David Granger, 76, a senior partner at Granger & Co., a Wall Street brokerage house, "there was a hush over the floor that I've never heard since. It was funereal." Indeed, it was Oct. 29, 1929 -Black Tuesday, the most cataclysmic day of the Great Crash. It was the day prosperity died and the U.S. economy began the decline that culminated in more than ten years of Depression and national anguish...
Leonard Jarvis, 75, now a senior vice president with Shearson Hay den Stone, remembers Black Tuesday as "a bloodbath. It was horrible." In the days after the crash, he says, several of his friends committed suicide, one by jumping off the Daily News Building, another by leaping from his commuter train. One man asked a friend of Jarvis how someone could kill himself without pain; a drug was mentioned and the next morning the questioner was dead. Two weeks later the man who advised him shot himself. "They went one after another," says Jarvis. "They couldn't stand...
...Monday the alliance and a coalition of other anti-nuke groups plan to block the opening of the New York Stock Exchange 50 years after the Crash. The "Manhattan Project" demonstrators plan to cordon off the doors of the exchange to prevent brokers from entering the building and trading the stocks of the 66 corporations active in nuclear energy...
...Arens acknowledges occasional acts of cannibalism. Two weeks ago, for example, Emperor Bokassa I, the deposed leader of the Central African Republic, was reportedly accused of practicing cannibalistic rites. Examples of eating human flesh for survival in emergencies (e.g., the siege of Stalingrad, the Andes plane crash in 1972) also abound...