Finally, suspend the mark-to-mark accounting policy that has helped to create a vicious downward spiral of asset prices in a bear market.
Times, Sunday Times (2008)
Insurance companies, which are seeing their asset values shredded, could be vulnerable to ratings agency downgrades that could pitch them into a downward spiral.
Times, Sunday Times (2008)
A lot of things happened at the same time which sent him on a downward spiral.
The Sun (2008)