Word: weres
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Dates: during 1980-1989
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There were communications all day between thestock exchanges, the Federal Reserve and theSecurities and Exchange Commission, Torrenzanosaid
But after gyrating wildly, the market settled down in the afternoon. Even the losses in the broader market were modest. Monday's 88.12 point gain was the fourth largest one-day point rise ever.
In addition, traders were soothed by a promiseover the weekend by the Federal Reserve to supplyfresh money to the financial system if necessaryto make sure banks kept loans flowing to traderswho lost money.
But still, Feinerman said, the field has gone through a resurgence in the years since 1979, when scholars were first allowed to travel back and forth between the U.S. and China.
"We want to promote the love of learning, be a social support group and also be a center for political and cultural action...I mean, how many U.S. presidents were nerds?" Kahn queried.