Word: distressingly
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...choir has been building all month toward an evensong for All Saints. On the big afternoon, they assemble for a final rehearsal. Nothing goes right. The choir's attempt at a Nunc Dimittis produces dissonance and glances of distress. Some heretic in the alto section sings "Holy Spirit" when everybody else is singing "Holy Ghost." Twice Barber loses his place...
...Jerry Vainisi describes Flutie's Chicago earnings as "less than Fuller, more than Tomczak," who lately has done most of the playing. Two weeks ago, Flutie was hurried into the fray at Tampa Bay for a series of mishaps that prompted him to hurl himself on the ground in distress. "It was a chance to get Doug in the game as a Bear," Ditka said. "That's what he is. He's a Bear...
...Administration's distress at being caught out in such an improbable and embarrassing situation was evident in the scramble of the White House to put a lid on the rapidly expanding story. Whereas only a few weeks ago the Administration had rallied its forces to defend the President's actions at the Iceland summit, virtually blitzing the media with press conferences, interviews and briefings, now there was a chorus of no comments, off-the- record observations, obfuscations and pointed suggestions of self- restraint, even repression of the emerging facts. President Reagan declared that the | disclosures "are making it more difficult...
...With the savings they were able to bring out, the family bankrolled construction and steel ventures in Toronto, eventually moving into real estate speculation. In 1977 Wall Street hardly noticed when Olympia & York, the development firm founded by the brothers, picked up eight Manhattan skyscrapers at a distress-sale package price of $400 million during New York City's fiscal crisis. Today those buildings are valued at some $3 billion...
Program trading may bring a safe return for its participants, but it creates distress for other, unsuspecting investors. As traders load or unload enormous amounts of stock, they can magnify the rise or fall of the market. Sharp volatility has occurred at the so-called triple witching hour (on the third Fridays of March, June, September and December), just before stock-index futures and two related types of financial instruments expire at the same time. That is the last point at which arbitragers can decide what to do with the stock they have accumulated, and their herdlike decisions have often...