Word: panic
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Reports of suicides have been grossly overstated. But it was a day that shredded fortunes. The preceding week had already seen such huge waves of panic selling that Police Commissioner Grover Whalen stationed an extra 500 cops on the increasingly rowdy streets of New York City's financial district. On Oct. 29, the panic that had possessed speculators and individuals was joined at the opening bell by traders for giant institutions. Blue chips like Standard Oil and Westinghouse gapped lower on massive trading volume. On a whim, a messenger bid for 100 shares of White Sewing Machine...
...sounds from an ugly building 50 yards in front of us. CBS correspondent Robert Pierpoint, who had covered the Korean War, leaped to his feet and said, "Those sounded like gunshots." In a few seconds we saw the chaos on the grassy knoll, people facedown clutching the earth in panic, the motorcade chopped in two, Kennedy's limousine racing over a hill toward the hospital...
...happened, but within minutes the emergency lights kicked on and our 700 employees at Cantor Fitzgerald calmly headed for the stairs. The stairway quickly became a traffic jam as 20,000 workers on lower floors were also evacuating that cold February day, but the Cantor folks didn't panic. Some of them lashed their ties and belts to the wheelchairs of handicapped people and carried them down the 105 flights of stairs. Others helped those who were unable to walk unaided down to the 25th floor where fire fighters, who were on their way up to help, took over...
...more useful bits of the trench reinforcements, Mam Rostam headed back to headquarters. So did I, where I found him again, still ebullient, chain smoking and complaining of a sore throat, but happy to talk. The withdrawal, the Kurdish commander said, was likely to set off a panic when the next Iraqi line suddenly sees 3,000 of their own put it in reverse. They'll keep retreating, he predicted...
...that the disease has escaped its national borders, Beijing has more to worry about than just containing domestic panic. With cases of what has been formally dubbed Severe Acute Respiratory Syndrome (SARS) cropping up in no fewer than 13 countries, Chinese officials are coming under intense international pressure to allow foreign access to medical records, perhaps even to the patients themselves. Yet, as of last weekend, all the Health Ministry had offered up was a skimpy two-page document. Officials from the World Health Organization (WHO) would like to send a team of experts to southern China to investigate...