Word: panic
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Dates: during 1990-1999
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Moscow took quick, drastic steps to ease investors and panic-stricken Russians who dumped their national currency in exchange for durable goods and dollars as the ruble lost a quarter of its value yesterday. President Boris Yeltsin promptly sacked Finance Minister Sergei Dubinin and moved to fire the Central Bank chairman, Viktor Gerashchenko. He made it clear that he suspected foul play, calling the ruble's plunge an act "of sabotage or the manifestation of a policy of extreme irresponsibility and slovenliness by the special groups of people...
Worse by far was the terror and panic inside the ship, as passengers fled their cabins and jammed into corridors and stairways. "A woman had broken her legs and begged others to give her a life jacket," said Kent Harstedt, a Swedish passenger, "but it was the law of the jungle." Andrus Maidre, a 19- year-old Estonian passenger, said the old and the very young had little chance. "Some old people had already given up hope and were just sitting there crying," he said. "I stepped over children who were wailing and holding onto the railing." Very...
...weekend in May that Stasch learned from a newspaper article what her mother had really bought: far from being a safe investment, the fund was loaded with volatile securities called derivatives that had gone into a free-fall when interest rates shot up. "I told my family not to panic, but I was thinking, 'My God, what did I get into?"' Stasch says. Fearing that her mother would lose all her money, Stasch dumped the fund -- at a $14,000 loss. "I'd never heard of derivatives," she says. "I cried and she cried...
...jury ill-equipped to make its way through the complicated financial transactions the case hinged upon. "The net effect on many jurors was panic at their inability to follow the money," writes Adler, who later interviewed the jurors. Unable to sift the complex evidence, they fell back on sheer sympathy for Imelda, who courted it with gusto. Dressed in black, clutching her rosaries, she could be seen at the defense table wiping back tears. Acquitted, Imelda threw a thank-you party for the jurors with roast pig and a belly dancer. She sang Feelings...
...Panic in Western India...