Word: tailspinning
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...Lions then went into a tailspin, losing their fourth in a row in a 47-0 mauling at the hands of Rutgers. Playing in a spanking new Giant Stadium in East Rutherford, N.J., the Scarlet Knights made the Hackensack meadowlands look like an explosion in a tomato cannery on a sunset evening...
...buffeted pound is to the gusts of the marketplace. The slide was touched off when Swiss banks, anticipating new import controls on foreign capital moving into Switzerland, converted sterling into the solid security of Swiss francs. Even this light selling wave was enough to tip the pound into its tailspin. Said one London currency dealer gloomily: "It's not so much that people are selling pounds. Nobody wants...
...vacancy at Shea was created in the middle of this season when Coach Charlie Winner was sacked after the Jets went into a seven game tailspin. Winner was tentatively replaced by defensive coordinator Ken Shipp...
...discounting the possibility that the surge on Wall Street could be short-lived. As American Stock Exchange President Paul Kolton put it cautiously last week, "You can't have three good months and say it [Wall Street's tailspin] is over." But brokers nonetheless have good reason to feel happy. Prices for stocks in the Dow Jones industrials are up 30% so far this year, and even long-suffering mutual funds are doing nicely. Once again, brokers are making money. Figures to be released soon by the New York Stock Exchange will probably show that its 425 member...
...major carriers are reporting losses: $55 million for TWA, for example, in January and February alone. Now the lines are starting what Eastern Tariffs Manager DeHart Clute calls an "orgy" of cut-price promotional fares in hopes of luring enough new travelers to pull the industry out of its tailspin...