Word: panic
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...self-fulfilling panic, one that really needs to be nipped in the bud. At banks serving retail customers, it is automatically nipped these days by federal deposit insurance. Fretful depositors have still lined up at branches of the bank arm of troubled mortgage lender Countrywide, but there's really no rational reason...
Bruner has been thinking about this a lot lately because he has co-written, with his Darden colleague Sean D. Carr, a fortuitously timed new book titled The Panic of 1907: Lessons Learned from the Market's Perfect Storm. That year saw a string of bank failures and a stock-market collapse that was halted only when J.P. Morgan browbeat his fellow moguls into ponying up cash to stop the panic. The 1907 crisis in turn led to the creation of the Federal Reserve, which was supposed to do what Morgan did, only more reliably...
...gotten ugly out there. the recent panic sparked by the global credit crisis has triggered the most serious market turbulence since the aftermath of the dotcom mania in 2001 and 2002. The Federal Reserve, European Central Bank and other central banks were forced to pump over $150 billion into the world's banking systems to stabilize short-term lending markets and reassure worried investors...
...wonder that last week, central banks - like a frazzled mother jamming a pacifier into a wailing infant's mouth - rushed in to try to calm the incipient panic, shoving $300 billion of fresh cash into the credit markets to make sure they didn't seize up entirely. (The Bank of Japan and the eurozone's European Central Bank both pumped in additional funds on Monday.) For the moment, the moves had their intended effects: following minimal losses in New York on Friday, Asian and European bourses on Monday traded mostly higher. Knowing now that central banks are willing to step...
Later he'd speak to me by phone from his oddball little island [Faro, where Bergman lived his last 40 years]. He confided about his irrational dreams: for instance, that he would show up on the set and not know where to put the camera and be panic stricken. He'd have to wake up and tell himself that he is an experienced, respected director, and he certainly does know where to put the camera. But that anxiety was with him long after he had created 15, 20 masterpieces...