Word: greats
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Dates: during 1980-1989
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...terms of points, it was the second largest loss in Wall Street history; in percentage, the day ranked twelfth worst. "It's total emotional and psychological chaos," said Eugene Peroni, an analyst with Janney Montgomery Scott, a Philadelphia brokerage firm. "People are dumping < everything. A great deal of money is being lost...
...Boston Company Economic Advisors. "But because of the advance in communications, corrections that used to take days, weeks or months now take minutes. Any positive or negative events get communicated in seconds." Sinai added that while "a drop of 190 points is shocking and a source of great anxiety and nervousness, it doesn't suggest that the sky is going to fall. The lesson of 1987 is that financial markets often have a life of their...
...great night for Soichiro Honda, 82, founder of the company that bears his name. Before an audience of 800 auto-industry elite in Detroit last week, Honda was the first Japanese carmaker to be inducted into the Automotive Hall of Fame, where his name will join those of Henry Ford and Walter P. Chrysler. "As I stand here, it feels as if I am standing on a cloud," said Kaminari-san, or Mr. Thunder, as he is known to his workers. His company has put 1.4 million American-made Hondas on the road and sold 5.1 million imports since...
Citizen initiatives can be an example of democracy at work. But in this case they are symptomatic of governmental decay at all levels. Once a great engine of social and economic improvement, the Federal Government began to lose its bearings in the '60s and '70s in the midst of wars, both cold and hot, domestic upheavals and a worldwide economic revolution. As the nation's economic base began to contract, some basic elements of the American Dream -- homeownership, a college education -- began slowly to recede. The Government responded fitfully to these developments and eventually took on the form...
...reached base 15 times out of 22, batted .650, scored eight runs and drove in eight, with two homers. "It's no coincidence that at the most important time of the year, Will's at the very top of his game," says teammate Brett Butler. "That's what great players do, like Stan Musial and Ted Williams. Now you have to put Will in that class...