Word: tidal
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Dates: during 2000-2009
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...while some of the biggest banks are healthy enough to pay back the government's emergency loans made from the Troubled Asset Relief Program, many smaller banks remain in crisis. So far this year the Federal Deposit Insurance Corporation has shut down 133 banks that succumbed to a tidal wave of loan defaults. "Given the state of the markets there's only so much we can do," to increase lending while limiting risk says one industry official...
...boom in the 1980s and a crash in the autumn of 1987 made him, for a time, one of the most influential Wall Street gurus. After the market started its 1990s bull run, though, Prechter seemed to lose his touch. In 1995 his book At the Crest of the Tidal Wave predicted the onset of a "great bear market." The bear arrived, but not for five years. In 2002's Conquer the Crash he predicted the onset of a "deflationary depression." Again, he was years early. (See 10 big recession surprises...
...Asian American in Amherst, Mass. in the 1960s, he says, “I’d faced racism ever since the day I’d become conscious as a young kid at age three.” “I was hit with the tidal wave of Black Power and the Black Arts movement,” he says of his teenage years. African American music and culture gave him a way to understand his Asian American identity, and he melded together these two influences in his explorations of jazz, which for him represents...
...Caroline Doran, an employment specialist at the London law firm Sprecher Grier Halberstam LLP, tells TIME the decision will "result in a tidal wave of philosophical-related litigation to employment tribunals." And because employees claiming unfair dismissal on the grounds of discrimination are entitled to much higher payouts than those with standard claims, the strain on employers could be immense...
...getting harder to enjoy the show. The rains dramatically illustrate how vulnerable Asia's densely populated coastal cities are to climate change. Breakneck growth and dilapidated infrastructure have already made flooding a fact of life in many cities. Now urban Asia must brace for sea-level rises, tidal surges, extreme weather and other climatic horrors. From ports in China and India to delta populations in Vietnam and Burma, this fast-developing region has most of our planet's urban dwellers - and its most vulnerable cities. Asia is not alone, however. From Mombasa to Miami, climate change imperils 3,351 cities...