Word: felling
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...edge...and looked down into the empty room. The room must have been over eight feet deep. Perhaps it was deeper. There was a little boy crouching next to me at the edge of the window, and I turned to him, and pushed him so that he fell all the way down to the basement floor. I did it for no other reason than to see what would happen. I did it because I felt it was an interesting thing to do. I will never forget all my life that little boy's scream as he fell...I mention...
...consumers, retailers, lenders and anyone else who depends on credit, these are worrisome times. Even the $700 billion bailout that President Bush signed last week to buy Wall Street's bad mortgage-backed debt was not enough to calm credit jitters. Consumer borrowing fell at an annual rate of 3.7% in August, the first decline in over a decade, the Federal Reserve reported yesterday. In a surprise coordinated move with central banks around the world, the Fed sliced interest by half a point on Wednesday morning before the markets opened...
...plans to do the same with Merrill Lynch, dropped almost 25% on the announcement. Morgan Stanley shares also plummeted 25% on rumors, which the company denied, that Mitsubishi-UFJ may not take an expected 20% stake in the embattled firm. J.P. Morgan was down about 9.5% while Citigroup fell more than...
...specter of global recession helped spark Monday's plunge in Asian stocks as Hong Kong's main index fell 5%, Japan's 4.3% and Indonesia's 10%. Markets ended mixed on Tuesday: Japan's Nikkei index dropped 3% while Korea's Kospi and Singapore's Straits Times index both rose slightly. But few were heartened by the feeble bounces...
...Tuesday following a series of ad hoc steps by national governments to try to shore up confidence in financial institutions. By the day's close, Britain's troubled HBOS was down 41.5%, and the Royal Bank of Scotland's shares had lost 39% of their value; Germany's Commerzbank fell 14%, and Deutsche Bank was down 8.9%. The pummeling followed a black Monday in which stock exchanges across Europe dropped as much as 9%, suggesting that the markets were casting a doleful eye on the $700 billion U.S. bailout package passed by Congress on Friday...