Word: banker
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...Shoot the Messenger If you want people to support the radical idea of rescuing rich investment bankers, don't send a rich, former investment banker (Henry Paulson) to convince them. And don't send a discredited, lame-duck President, either. As in normal life, people are more likely to believe the advice of someone they trust. There aren't many well-known experts in this field who aren't rich, but even Warren Buffett would have brought less baggage to the process than Bush...
...attention on electoral politics as never before, so did this crisis draw all eyes to Washington and how it works - and no one much liked what they saw. A government that could not lift a finger to fix health care or highways could suddenly find $700 billion for No Banker Left Behind? And so this time, people made themselves heard: they passed petitions, lit up the phone lines, melted the message boards. In an age of poisonous partisanship, it was like an antitoxin, the country drawn together, red and blue, young and old, in disgust at elected Representatives...
...night dreaming of ways to maximize your utility, perhaps you should start signing up for those philosophy courses you always wanted to take. Consider: If people hear you’re a starving philosopher, they will nod sympathetically. If you tell them you’re a starving i-banker, they’ll just look confused. Ponder this, and choose! So much for those e-recruiting luncheons! The close of an era draws nigh! Caution! The moving walkway is ending!” At this point we are emotionally drained and have to go lie down somewhere...
...crashing,” Seybould said. “There’s still that stigma that financial services companies are volatile.” Aaron S. Byrd ’05, a tutor in Dunster House who has spent his three years after graduation as an investment banker, said that many students now question the stability of finance as a career choice. “No longer are there these big bastions of finance who have been there forever and pay you a lot to work there,” he said. But despite the financial crisis, OCS staff...
...Harvard students have flocked to it in droves, and the flight to safety is understandable. As any i-banker worth his salt can tell you, people are, on the whole, risk averse...