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Word: stockings (lookup in dictionary) (lookup stats)
Dates: during 1980-1989
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Most other companies were anxiously waiting to see how much fallout the stock crash would generate. "The dust hasn't settled," said Paul Jones, a spokesman for Westinghouse Electric in Pittsburgh. "Nobody knows what to do. You hear talk of recession, inflation, deflation, all kinds of things." But as the stock market continues to shimmy, many firms are already trying to assess the damage to customer confidence. Said Gerald Schultz, president of Bell & Howell, a Skokie, Ill., publisher and information-services company: "We're trying to sensitize our people to get their feelers out, with their customers, with their suppliers...

Author: /time Magazine | Title: The Crash: Caution in The Boardroom | 11/9/1987 | See Source »

...will most other small firms. Unless the stock market recovers, young companies may have to go back to the venture capitalists that gave them seed money in the first place. But that source may be harder to tap, since venture capitalists generally make their investments in hopes of making a killing when the firm goes public. So whatever short-run damage the market crash produces, it poses an even more serious long-term threat: a slowdown in the growth of small companies and the rate of innovation...

Author: /time Magazine | Title: The Crash: Caution in The Boardroom | 11/9/1987 | See Source »

...fully understands the complicated mechanism that drives U.S. financial markets, but after Black Monday everybody seems determined to fix it. Last week the engines of reform revved up in earnest as a parade of banking, economics and stock-market experts wended across Capitol Hill in an extraordinary series of hearings, press conferences and closed-door lobbying sessions...

Author: /time Magazine | Title: The Crash: Cranking Up the Reform Machine | 11/9/1987 | See Source »

...York City Investment Banker Nicholas Brady. Its mandate: to study the market procedures that led to the crash and recommend ways to prevent a recurrence. Two other probes were started by the watchdog Securities and Exchange Commission and the Commodity Futures Trading Commission to study the extravagant volatility of stock and futures markets during the crash. Other studies of market behavior were being sponsored by the New York Stock Exchange and the Chicago Mercantile Exchange. Meanwhile, the House and Senate banking committees and the House Commerce Committee were holding hearings of their...

Author: /time Magazine | Title: The Crash: Cranking Up the Reform Machine | 11/9/1987 | See Source »

Index Futures and Options. These so-called derivative stock-market products are based on baskets of securities that can be bought and sold in the future. They are primarily designed to let investors protect their portfolios against sudden market changes, especially in a form of trading known as portfolio insurance. But since the crash, they have been called speculative instruments that can whipsaw the market as a whole. Many experts argue that Black Monday's cataclysmic spiral was triggered by a panic sale of index futures by managers trying to shore up their holdings...

Author: /time Magazine | Title: The Crash: Cranking Up the Reform Machine | 11/9/1987 | See Source »

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