Word: rumors
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Dates: during 1980-1989
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After a calm morning, a rumor wafts through the exchange: Iran is about to accept a cease-fire in its gulf war with Iraq. High-tech stocks like Matsushita and Fujitsu take off. But the Japanese government cannot confirm the report, and stocks retreat. In the final hour, a wave of panic selling drives the index down by 1203.23 points, to 23,201.22. It is Tokyo's second worst one-day beating ever...
...company with a laminating machine; offered him a hand and a fake i.d. But for those who don't have as good taste in friends, i.d. experts say that a store in Boston will laminate anything when the right employee is on duty. But that may be just a rumor...
Assistant Professor of Economics, LawrenceB.Lindsey attributed this year's drop inenrollment to a "rumor that there would be aone-semester class of Ec 10, and students aretrying to wait it out for the easier course." ButLindsey dismissed the rumor, saying he "sincerelydoubted" that the course could ever be condensedinto one semester of material...
...Governor Michael Dukakis. Aides to Missouri Congressman Richard Gephardt, another Democratic presidential hopeful and the focus of early suspicion, appear to have done little more than call the attention of reporters to an already published story after the uproar had begun. The Reagan White House, also a target of rumor and innuendo, denies any involvement...
...little chance of ending if the rumor is true that Harvard Real Estate President Sally Zeckhauser is Scott's likely successor...