Word: panic
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Dates: during 2000-2009
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...Japanese is to imagine that you share a common ancestry and common traditions that trace back into the mists of time. But in America, where most people hail from somewhere else, that kind of blood-and-soil patriotism makes no sense. There is something vaguely farcical about conservative panic over Mexican flags in Los Angeles when Irish flags have long festooned Boston's streets on St. Patrick's Day. Linking patriotism too closely to a reverence for inherited tradition contradicts one of America's most powerful traditions: that our future shouldn't be dictated by our past...
...same 15 million stoners. Many users tend to pick it up in their teens, then drop it in their 20s. And 50% of them don't use any other drugs. Selling it is still illegal, but the pot dealer is no longer the panic-inducing bogeyman he used to be. In movieland, he's become a stock character, about as threatening as the hot woman's quirky roommate...
...about halfway up the angle. This gave them a foothold, and from there, the strongest members of the group boosted the others to the top. It was no easy transit. One young woman froze in fear, a leg on either side of the fence, her face a mask of panic as she looked at the long fall into one country or the other. Her companions quickly and efficiently coaxed her over. Then the little boy--who wore a knockoff New York Yankees cap--went over, dangling by his hands from the top and dropping bravely into waiting arms...
...possible that some of this would have happened without Einhorn's badgering. But nobody else--not the SEC, not the Fed, not the analysts, not investors, not Lehman's board--was putting public pressure on the firm's executives to come clean. Some may have feared inciting a panic like the one at Bear Stearns. I asked Einhorn whether he worried about that. No, he said. "If you're running a financial firm, you need to run it in such a way that you can survive a civil discussion...
Preston's account of the crimes is lucid and mesmerizing. In one case, the victims realized what was happening, but in a panic, they drove their car into a ditch. The killer coolly shot out their headlights before going to work. What's missing from The Monster of Florence is the Monster: the killer was never caught. This isn't Preston's fault, but it hamstrings the book. The acme of the true-crime writer's art, what raises it above lurid rubbernecking, is making the psychology of a killer comprehensible, even sympathetic. In doing that, the true-crime writer...