Most of us are familiar with the aviation homily "Altitude is like money in the bank." At 1,000 feet agl, our bank account was pretty low. Terry lost her cool in a hurry. She turned to me, her pretty face distorted by panic, and cried out, "What'll we do?" This was my captain speaking. I replied, "I'd suggest an immediate 90-degree turn to the right," and pointed to VNY, which fortunately happened to be in the vicinity.