Word: 1930s
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Take the Great Depression of the 1930s. While attendance at U.S. baseball and football fixtures slumped, the games' following through newspapers and radio took off. Stories of gritty players overcoming adversity to triumph on the field were printed "almost ad nausea," says Crepeau. From the economic misery, heroes offered a diversion. When Joe Louis fought back to beat German Max Schmeling for the world heavyweight boxing crown in 1938, he later said, "the whole damned country was depending on me." Australia's greatest Depression heroes were a cricket player and a horse. Populated by local working class heroes, English soccer...
...most remarkable thing about the Settha Palace Hotel is that it still exists. Built by the French in the 1930s, it was a mainstay of colonial Vientiane and in its heyday was managed by Frenchman Michel Theodas and his Chinese wife Yusin. Their tenure, and an era, ended in 1975 when the communists came to power, seized the property as worker housing and sent the Theodas family packing...
That brings us to lesson No. 2. In the early 1930s, powerful voices at the Treasury and Federal Reserve argued that the deep pain of financial crisis was a necessary economic corrective. "Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate," Treasury Secretary Andrew Mellon advised President Herbert Hoover. "It will purge the rottenness out of the system." Late last year, you could hear a few people arguing this case on CNBC and even on the floor of the House of Representatives. But after Lehman's failure, no one at Treasury or the Fed talked that way. Instead...
...transformation of Wall Street and the banking sector with the creation of the Securities and Exchange Commission and the Federal Deposit Insurance Corp., and the segregation of commercial banks from Wall Street. It's not obvious that we need such a drastic overhaul now, but still, the contrasts with 1930s are stark. Ironic, too. By following their belief that financial markets should work out their own problems, Andrew Mellon and his kindred spirits at the Fed triggered a financial collapse that more or less ensured major, permanent government participation in the financial sector. By intervening aggressively, Hank Paulson...
...This year, OCS combined the traditional job fair with the study abroad-focused International Experience Fair, which drew an additional 55 organizations, some of which offered employment opportunities to graduating seniors and graduate students who are poised to enter the job market during the worst economic recession since the 1930s. The Career Forum typically kicks off a frenetic fall e-recruiting season designed to stream line the job search process by staggering dozens of information sessions, resume drop deadlines, and interview prep sessions within the first few weeks of school. “It’s a good first...