The day was star-crossed: Friday the 13th

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问题:

The day was star-crossed: Friday the 13th in the month of October, on the eve of the second looming anniversary of a devastating market crash. "I’m telling you, psychology is really funny. People get crazy in situations like that," said portfolio strategist Elaine Garzarelli. Last week Friday the 13th lived up to its frightful reputation. After drifting lower at a sleepy pace for most of the day, the Dow Jones industrial average abruptly lurched into a hair-raising sky dive in the final hour of trading.

The Bush Administration moved swiftly to avert any sense of crisis after the market closed. Declared Treasury Secretary Nicholas Brady: "It’s important to recognize that today’s stock market decline doesn’t signal any fundamental change in the condition of the economy. The economy remains well balanced, and the outlook is for continued moderate growth." But Massachusetts Democrat Edward Markey, who chairs a House subcommittee on telecommunications and finance, vowed to hold hearings this week on the stock market slide. Said he: "This is the second heart attack. My hope is that before we have the inevitable third heart attack, we pay attention to these problems."

Experts found no shortage of culprits to blame for the latest shipwreck. A series of downbeat realizations converged on Friday, ranging from signs of a new burst of inflation to sagging corporate profits to troubles in the junk-bond market that has fueled major takeovers. The singular event that shook investors was the faltering of a $6.75 billion labor management buyout of UAL, the parent company of United Airlines, the second largest U. S. carrier.

On one point most thoughtful Wall Streeters agreed: the market had reached such dizzying heights that a correction of some sort seemed almost inevitable. Propelled by favorable economic news and a wave of multibillion-dollar takeovers, stocks had soared more than 1,000 points since the 1987 crash. But by last August some Wall streeters were clearly worried.

The heaviest blow to the market came Friday afternoon. In a three-paragraph statement, UAL said a labor-management group headed by Chairman Stephen Wolf had failed to get enough financing to acquire United. Several banks had apparently balked at the deal, which was to be partly financed through junk bonds. The take-over group said it would submit a revised bid "in the near term,’ but the announcement stunned investors who had come to view the United deal as the latest sure thing in the 1980s buyout binge. Said John Downey, a trader at the Chicago Board Options Exchange: "The airline stocks have looked like attractive takeover targets. But with the United deal in trouble, everyone started to wonder what other deals might not go through.

When mentioning "the latest shipwreck" (Para. 3), the author is talking about()

A. stock-market decline

B.junk-bond market

C. enormous acquisitions

D. corporate profits

考点:普通考研中医综合中医综合
题型:单项选择题

下列词语中有错别字的一组是()。

A.唇枪舌剑;川流不息;味同嚼蜡;聪明睿智

B.迫不及待;刚复自用;瑕不掩瑜;为虎作伥

C.破绽百出;神采奕奕;明眸善睐;琳琅满目

D.大有裨益;黄粱美梦;好高骛远;良莠不齐

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决定输血治疗前,经治医师应向患者或其家属说明()。

A.疾病与血型的关系

B.输同种异体血的不良反应和经血传播疾病的可能性

C.血液传播性疾病的症状

D.血液的采集与保存

题型:单项选择题

生产中如何选择挖掘角度来避免应力集中?

题型:单项选择题

下列哪一行为视为贪污()。

A、将通讯工具带入收费亭

B、车型变更(大变小、收改免等),未按有关规定上报并登记,不能说明正当原因者

C、出现一车多卡情况,未按有关规定处理者

D、收取、保存或使用残、错、废通行卡(票)

题型:单项选择题

单层、多层重要公共建筑和二类高层建筑的耐火等级不应低于()。

A.一级

B.二级

C.三级

D.四级

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