Word: disasterous
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Dates: during 1990-1999
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In public relations terms, it was a costly victory. There he goes again, the standard argument ran, imposing his sectarian morality on a world already hungry and facing billions of new mouths to feed in the coming decades. One Spanish critic said the Pope had "become a traveling salesman of...
Police say a suspect in yesterday's firebombing of a crowded New York City subway train planned an underground terror spree to extort money from the city's transit authority. The man, 49-year-old Edward Leary of nearby Scotch Plains, N.J., was arrested in his hospital bed early today...
Municipal bond holders around the country had more than the Orange County disaster to worry about. Greenspan's strong hint last week that the Federal Reserve will continue to push up interest rates heightened worries that more governments with overleveraged portfolios heavily based on interest-rate bets could be forced...
Facing losses of at least $1.5 billion in its investment portfolio, Orange County, California, declared bankruptcy. The announcement followed the resignation of county treasurer Robert Citron, whose high-risk investment strategies triggered the crisis. The greatest municipal bankruptcy in U.S. history, the disaster sent stock and bond prices tumbling.
The Crimson (5-2 overall, 0-0 Ivy) dropped the opening-round game of the tournament, 80-68, to Boston University, but then saved itself from disaster with a come-from-behind 71-62 win over Bucknell.