Word: tailspins
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WASHINGTON: It was "irrational exuberance" all over again Wednesday morning as the Fed chairman browbeat the House Budget Committee and sent the Dow into a 100-point tailspin by eleven o'clock...
...says that Soros was upset by the decision of the Association of South East Asian Nations to admit Burma to their group ? Burma being one of the less democratic countries in the region ? and decided to drive their currency values down. ASEAN currencies have been going into tailspin against the dollar of late; Thailand, for one, had to be bailed out by the IMF to the tune of $16.7 billion. Still smarting, the Asian Tigers are screaming for Soros' head on a plate...
Ralston's tailspin came at the end of an unprecedented fortnight at the Pentagon, where senior officers held their breath amid almost daily charges and revelations about career-ending sexual misconduct. No sooner had the Air Force completed its awkward ejection of Lieut. Flinn than allegations of wrongdoing by officials high and low began landing in the Pentagon's backyard. Army Major General John Longhouser, commanding general of Aberdeen Proving Ground, decided last week to retire after a telephone tipster told Army investigators of an affair Longhouser had had five years ago. Army Brigadier General Stephen Xenakis was relieved...
...mother and living a largely undisciplined life with his feckless father, Ellroy grows addicted to crime stories: "Every book I read was a twisted homage to her. Every mystery solved was my love for her in ellipses." When his father dies, the still underage son goes into a long tailspin: alcohol, drugs, sleeping in public parks, petty burglaries, time in county jails. Miraculously, he rights himself and becomes a published writer. "I was hot to ascend," he says. "Ascension meant two things. I had to write a great crime novel. I had to attack the central story of my life...
...London, where, as an American expatriate and the happily married father of two sons, he writes novels (The Family Arsenal, The Mosquito Coast) that firm up his reputation and livelihood. A divorce ends this phase and sends him back to the U.S. and into an emotional and creative tailspin...