Word: panic
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Dates: during 1950-1959
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That clinched the corner for Farghaly and Yehia, and the bourse closed for 24 hours last week to forestall a panic. (In New York, cotton traders said the corner would have little effect on U.S. markets.) At week's end, the pashas' paper profits were estimated at $28 million. But some Egyptian traders thought that Farghaly and Yehia might have overreached themselves. They might find it impossible to unload their enormous holdings without breaking the market and collapsing prices...
...Paul Douglas picture is a good form of entertainment for a hot summer's night. The even distribution of good gags is never calculated to panic anybody, yet the subtle humor of his gruffness imprints many of the punch lines in your memory. "Love That Brute" provides Douglas with the necessary background--manageable if dull--and gives him the assistance of a skilled supporting comedian, Keenan Wynn. Between the two of them, there are enough laughs to qualify the picture as entertainment but nowhere near enough to give it a name for good comedy...
...Panic swept South Amboy. "Atom bomb," someone yelled and began running. Said a townsman later: "I saw that big pile of smoke just like in the newsreels and I said: 'That bastard Stalin's started it!' " Men & women, carrying children, ran south, away from the blast. Cars loaded with frightened people sped out of town. Mayor Leonard rushed to the city hall, piled into a sound truck and rode about town bellowing reassurance. Finally, the southward rush slowed and stopped...
...Pipes & Panics. The underwriting started in 1808, when Alexander Brown and others put up $250,000 for Baltimore's first wooden pipe waterworks. As Brown's four sons joined the business, the firm opened branches in Philadelphia, New York and London, and old Alex was soon established as Baltimore's top financial brain. In 1812, when a British fleet was bombarding nearby Fort McHenry, Brown wrote: "I cannot think that they will ever destroy Baltimore." While other merchants fled, Brown helped keep the business community functioning. Years later, when a money panic threatened to wreck Baltimore...
...then, González, worn and haggard, was showing signs of panic. He charged the strikers with seeking "the overthrow of the government," threatened to form a military cabinet. Meanwhile, Maass had been pressuring González' own Radical Party. Finally, the Radicals agreed to oppose the wage-freeze bill and leave the government coalition. In return, CEPCH ordered the strikers back to their jobs...