Word: crowds
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Dates: during 1990-1999
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...money for investors. Bet badly, though, and you get a meltdown. When Long-Term Capital Management, a high-risk, high-rolling hedge fund based on the formulas of two derivatives Nobelists, went belly-up last month, Greenspan realized that the damage wasn't restricted to the brandy-and-cigars crowd. Banks and financial institutions were deep into hedge funds, and when Merrill Lynch or BankAmerica takes a $100 million hit, a lot of ordinary folks -- from bank customers to businesses to a homeowner looking to take out a second mortgage -- get contaminated...
...events, people love to have a story told to them, complete with characters and a thickening plot. Therefore, they survey the field of possible stories, pluck out one of enough importance and plant row after row after ream of it--their cash crop. O.J. Simpson warmed up the crowd a few years ago for today's main event, Bill and Monica. Mark and Sammy had their home run contest at intermission...
Representative Barney Frank '61 (D-Mass.) spoke about impeachment, the influence of the right wing, the importance of voting, and gay rights to a crowd of about 150 students at Harvard Law School's Austin Hall yesterday afternoon...
...Square means less worry about the perils of the night. Quadlings head home in groups and people look out for each other. Although students may criticize the clubs for being exclusively male or elitist, Swanson says that since many of the coeds at the final clubs the crowd frequents are their friends, the women need not be particularly wary...
Disappointed by the foreign party crowd, the group heads for the Hong Kong, where scorpion bowls crowd one side of the table as some whose identification received negative reviews from the waiter joined those who chose not to order drinks...