Word: turmoils
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...dollars' worth of bond futures and thereby drive down the prices of the underlying bonds. The worst fallout occurred in Europe, where bond prices plunged and interest rates, which move in the opposite direction of prices, climbed about one full percentage point. The biggest loser amid the global turmoil was legendary Wall Street investor Michael Steinhardt, who as of last week has lost $1 billion since the beginning of the year, or a quarter of the funds under his management. Another big-name investor, George Soros, got caught in the February mayhem, which people inside his Quantum hedge fund called...
...turmoil in the bond derivative market, which has persisted since February, has troubled Wall Street watchers because it bears some of the hallmarks of the 1987 stock-market crash. That 508-point plunge on Black Monday was worsened by so-called portfolio insurance, which is computerized programs designed to bail investors out of stocks in a downturn by selling stock futures. But few buyers were willing to come forward while so many others rushed for the exits, and the decline accelerated instead of slowing down...
...turmoil after the shooting, the crowd pounced on the assassin, screaming "Kill him!" and beat the man fiercely before plainclothes police hauled him away. The following morning investigators announced that the killer was Mario Aburto Martinez, 23, a poor factory mechanic who lived alone and had no obvious political links. They said he had confessed to the shooting but refused to reveal his motive...
Political alliances aren't the only things that have been skewed by the turmoil. The Human Rights Commission's just-released January statement reports that "no major massacres" occurred in that month. How warped our sense of perspective has become, that massacres are determined as "major" or "minor." The killing this weekend of three AWB members in Bop, and the racially motivated executions of three Iranians attending Bahai church services elsewhere in the country, both reflect the terrible trauma this country has suffered and must now deal with...
...need for economic security--especially intimes of recession and financial turmoil--is apopular explanation for such rises...