Word: panic
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Dates: during 1980-1980
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...further rumors reported that Hunt and his associates were dumping stocks to raise cash in order to repay their silver loans, and that their maneuvers had threatened the major investment house of Bache Halsey Stuart Shields. That led to what one Wall Street veteran called "a classic case of panic." The Dow Jones industrial average fell 25 points within a few hours, then recouped 23 points of the loss within the half-hour before the close, as traders apparently realized that Hunt's adventures had not changed the basic worth of such blue-chip stocks as Exxon, General Motors...
...cost him billions and nearly caused a panic...
...blame does not rest entirely with the students, however. The executive committee which runs the Afro-Am Department rarely met with students, ignored their suggestions, and failed to inform students of the progress of the search, creating an atmosphere hospitable to rumors and panic. Better communication would help head off protests like this in the future...
...Jimmy Carter stepped before the television cameras in the East Room of the White House last Friday, his task was not just to proclaim another new anti-inflation program but to calm a national alarm that had begun to border on panic. Inflation and interest rates, both topping 18%, are so far beyond anything that Americans have experienced in peacetime-and so far beyond anything that U.S. financial markets are set up to handle-as to inspire a contagion of fear. Usually confident businessmen and bankers have begun talking of Latin American-style hyperinflation, financial collapse, major bankruptcies, a drastic...
...what Author Sidney Blumenthal calls the permanent campaign. The men in the White House may or may not be very good at governing, but they are whizzes at campaigning, and so they do it from election to election. Carter's U.N. vote fumble undoubtedly was enlarged by the panic of political manipulators and Carter's reliance on them...