Word: panic
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Dates: during 1980-1989
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Investors agreed. They flocked to place money with the brothers, who had earned a reputation for creativity and bareknuckle competitiveness in the genteel British ad market. The Saatchis went on a billion-dollar spree that sparked panic on then complacent Madison Avenue and helped fuel a merger frenzy as other agencies joined forces to stay in the game. Meanwhile the brothers bought and bought. Among the dozens of U.S. firms they scooped up were top names like Compton Communications (purchased in 1982 for $55 million), Dancer Fitzgerald Sample (1986, $75 million) and Backer & Spielvogel (1986, $100 million...
...That extraordinary double cross began the unraveling of Jakes's two-year rule. Through a variety of sources, TIME has pieced together an account of the final days of the repressive Jakes regime. It is not a sympathetic tale; in the end, Jakes had only his own poor judgment, panic and stubbornness to blame...
Simpson writes that the poets could not escape their pain, even after they had completed a substantial work. Berryman and Schwartz both experienced writer's block, and often the two would panic when their work had gotten a bad review, she writes...
Those xenophobic outbursts were not made in 1989 but in 1920, during a time of "yellow peril" panic over Japanese immigration to the U.S. But they are not much different from the alarmed press comments that are now greeting Japan's continuing economic ventures. When the Sony Corp. announced in September that it would buy Columbia Pictures Entertainment, for example, Newsweek called the deal "the biggest advance so far in a Japanese invasion of Hollywood." An entertainment-industry executive quoted by the Washington Post thought the acquisition might be "bad for America," as did an economist who saw "a potential...
...would also admit that the journals and books I am throwing away daily are not classics of literature. But what about the panic-stricken undergraduates and research assistants who can't have the New Delhi Economic and Agricultural Policy Journal because I just threw it in the dumpster? I feel so sorry for them...