Word: shocks
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...really need it. A second part, funded through mandatory private savings, would pay all Americans retirement benefits pegged to their actual contributions. But if the change is to take place, it would be better to have it before the immense claims of retiring baby boomers send the system into shock-and create a huge bloc of pensioners fiercely invested in the status quo. Also before a resentful younger generation, faced with the prospect of giant tax hikes, starts practicing reform with a sledgehammer...
...football coach expressed shock at theincident...
...After I heard the first 400 split, I realized that I was running last," Goetze said. "It was sort of a shock. I didn't hear anyone behind me. I just tried to finish up anyway I could...
...seemed beyond imagining that a bank like Barings could be utterly undone, sapped of more than a billion dollars--nearly twice its available capital--in a few weeks of reckless financial gambling by a single person. Around the world staff members were in shock. Many were about to receive their annual bonuses. Now, in Barings outposts outside Britain, passports were being confiscated, properties frozen, company credit cards rescinded, salaries withheld-just as tax time approached. "We were a bank with a crest, not a trademark," said one Hong Kong employee in dismay. Indeed, Barings was one of the Queen...
Like his princely predecessors, Carlos Salinas de Gortari was accustomed to the sycophantic treatment accorded Presidents--and former Presidents--of Mexico. So it must have come as a shock when a visitor sent ``as a courtesy'' by current President Ernesto Zedillo Ponce de Leon showed up unannounced at Salinas' Mexico City house last Tuesday morning and began ringing the front doorbell. The high-level official, laden with documents, tapes and videos, was bringing evidence that a dramatic new lead had surfaced in the investigation into the murder of one of Mexico's most powerful politicians, Jose Francisco Ruiz Massieu...