Word: crunches
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Dates: during 1990-1999
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...universe might well ``cycle,'' with a Big Bang followed by a Big Crunch followed by another Big Bang. Some stars could miss the crunch and continue to exist in the subsequent cycle. Thus some stars could very well be older than this universe...
...crunch time," said Adam D. Hefty '96, aDSA member and rally organizer...
Frisbie said that the organization had recentlymade two expensive mistakes which have exacerbatedthe money crunch...
Frisbie said that the organization had recentlymade two expensive mistakes which have exacerbatedthe money crunch...
Then things changed. In May 1993 Perez was impeached for corruption involving the misuse of public funds; he is currently on trial. In early 1993 the economy also took a sharp downturn. The crunch hit hardest at real- estate and construction companies. As they started to default, the banks attempted to compensate by offering sky-high interest rates--up to 18 percentage points above going levels--to attract new depositors and fresh funds. The most aggressive was Banco Latino. Within weeks of Banco Latino's takeover by the government, arrest warrants were issued for 82 of its directors and managers...