Abstract: Centrally handling a runtime error or exception of a program using a central object stack and exception handling code centrally maintained within a global object manager. The global object manager is a data structure separate from the program's call stack. When a modified TRY statement is executed, a location is marked on the central object stack. During execution of a section of code after the modified TRY statement, if a new object is needed, the global object manager efficiently allocates the new object. The global object manager either allocates the new object directly from memory or attempts to re-use a previously allocated object in a cache of available objects as the new object. The new object is then registered on the central object stack and a pointer to the new object is registered on the program's call stack. This keeps the new object and associated exception handling code off the program's call stack.