Word: might
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Dates: during 1980-1989
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...collapse on Oct. 19 and the 1929 debacle on Oct. 29. Particularly gnawing was the memory that 1987's Black Monday was preceded by a Friday plunge of 108.35 points. Last week's drop-off rekindled fears that an era of heedless borrowing by corporations and the Federal Government might finally be coming to grief. At the very least, the rout reminded investors that the stock market is a volatile place where fortunes can vanish at the touch of a computer key. After one frantic hour of selling conducted to a large extent by program trades, nearly $200 billion...
...view the United deal as the latest sure thing in the 1980s buyout binge. Said John Downey, a trader at the Chicago Board Options Exchange: "The airline stocks have looked like attractive takeover targets. But with the United deal in trouble, everyone started to wonder what other deals might not go through...
...members of the ruling Politburo issued a statement that for the first time expressed official concern about the recent exodus of 50,000 East Germans to the West. Then, in an unprecedented gesture of conciliation, the leadership acknowledged, "We are open to discussion." Hinting that press and travel restrictions might be eased, the statement continued, "Together, we want to discuss all basic questions of our society...
...just a guy supporting his offscreen wife, kids and mortgage in a way he finds more congenial than, say, selling aluminum siding. Banality is a hair shirt for Jack. His life is all squalid improvisation and silent disgust at tinkling out "piano stylings." He knows better, and he might do better, as a jazzman...
...party may not have gone far enough -- for its own sake or for the sake of most Hungarians. "This is just a new label on an old bottle," complains Gyorgy Ruttner, an opposition leader who heads the Social Democratic Party. Aware that the bottle's contents might seem familiar and sour, the more radical reformers among the Communists wanted an even sharper break with the past, including expulsion of Old Guard hard-liners. In the end, moderates led by Rezso Nyers, 66, who was elected party president, stitched together a compromise that held the party together but may jeopardize...