Word: pyramidal
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...drive up prices from $6 per oz. in early 1979 to $50 two months ago. The Hunt group then seemingly borrowed against its silver profits to buy other commodities and stocks. But the $50 price of silver could not be sustained, and when it began to slip the whole pyramid began to tumble...
...Doren and the scandals of the '50s; there has not been a game that really tested one's knowledge since Art Fleming's Jeopardy!, a cult favorite, was canceled by NBC in 1975. Aside from two skill-testing parlor games, Family Feud and The $20,000 Pyramid, all the current shows celebrate the theater of cruelty and the entertainment values of Las Vegas. Masochistic contestants meet fourth-rate Hollywood celebrities in a neon-lit orgy of product plugola, group hysteria and psychological mayhem...
...could only return to a recognizable body-hence the art of preservation. Aliki's crisp narrative and delicate artwork never veer toward necrology; her interest is in the living past, and her guidebook flatters both the child who receives it and the giver who puts it under the pyramid-shaped tree...
Through other trades, he swelled his market stake to six figures. ''But the stock market was a little slow for me. Man, I thought I could do better in commodities. In commodities you make a profit, then you buy more, you pyramid. I was shorting wheat like crazy when Eisenhower landed Marines in Lebanon. Everybody bought wheat, and it soared. I lost all my $100,000.'' Canizaro...
...conditions today look frighteningly similar to those of late 1929. Then the panic was spawned by the Federal Reserve's attempt to nip speculation by raising the discount rate a full percentage point from 5% to 6%. The nation's banks in 1929 had built up a pyramid of foreign debt. National City Bank judged that Peru had a "bad debt record, adverse moral and political risk, bad internal debt situation"-and then lent the country $90 million that was soon defaulted. Wall Street banks today have $48.7 billion in loans outstanding to Peru and other oil-poor...