Word: flees
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Dates: during 1990-1999
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...Sachs, the director of the Harvard Institute for International Development. In Thailand the IMF plan required the government to close 58 financial institutions. When that became known, "the panic intensified," Sachs says. "Rather than restoring confidence, the IMF's intervention merely confirmed to investors that they were right to flee." Meanwhile, financial institutions that will be closed because they cannot satisfy strict standards of reserve capital will have their assets, mainly foolhardy real estate developments, auctioned off. But that massive sell-off could lead to a sharp fall in values that will affect the portfolio of even sound financial institutions...
...Fears that currency speculators would continue attacking the Hong Kong dollar, forcing the government to keep interest rates high to defend the currency, spurred investors to flee Hong Kong. Higher interest rates spell trouble for stock markets, because they slow down corporate growth...
...Apparently a couple of them attempted to flee but were in turn stopped," said Peggy A. McNamara, spokesperson for HUPD...
...employees freed the suspect from their grip to walk back, and the suspect allegedly began to flee...
After drinking heavily, Christopher T. Mirchi, a 21-year-old Radford University student, dies in a fraternity house fire. Mirch's blood alcohol content was 0.25, more than three times the legal limit for drivers in Virginia. Officials believe that alcohol impaired Mirch's ability to sense smoke and flee the fire, reported a Feb. 27 article in the Washington Post...