Word: panic
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Dates: during 2000-2009
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...banks are not increasing lending is that he has information about bank "stress tests" that Congress does not. Geithner knows that some of the financial firms are not robust. But, it is too dangerous for him to name them into an open microphone. It could cause a panic, and drive the stocks of major banks down and cause depositors unnecessary worry. What he would say is that if some of the banks did not pass their tests, the federal government stands ready to help them if private investors are not. At this point in the history of American financial markets...
...panic and kept playing hard,” Tillman said, “Our seniors showed great leadership and it says a lot about the senior class. The way they have been handling themselves has really been really impressive to me and I think that’s a big reason why we came back...
...most vulnerable - a blistering hot July afternoon or a freezing cold January night. Suddenly, vast sections of the U.S. power grid go black. The lights go out, air-conditioning (or heating) shuts down. Once it becomes clear that this is no temporary brownout, the public begins to panic. At the power utilities, engineers can't understand why the network shut off, and can't get it to start up again. It's hours before the truth emerges: a terrorist group (or a hostile country, or some evil-genius hacker) has broken into the computer networks that control the power grid...
...that may sound, there are several reasons not to panic about our power grid's vulnerability...
...ensuing panic results in a lack of confidence, since one cannot be sure if a company is doing as well as it claims to be. Therefore, the government must make CDS transactions a matter of public record...