Word: doom
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Roubini has been particularly apocalyptic, but given how things have gone in the world economy over the past few weeks, it's worth listening to this prophet of doom. Maybe things aren't as dire as he says. But maybe only the prospect of global catastrophe can compel world leaders to act forcefully while we still have some money left...
...crossed ideological lines, with liberals as disgusted by handouts to irresponsible bankers as conservatives are by a socialist solution to capitalist problems. On the Hill, constituent phone calls ran 100 to 1 against the Paulson plan, and most vulnerable incumbents in both parties voted against it despite all the doom-and-gloom warnings about the devastating consequences. It's times like these that call for presidential leadership, and Bush no longer has many followers, which is why his spokesmen are so busy counseling against finger-pointing, just as they were after the foul-ups in dealing with Hurricane Katrina...
...students and recruiters were out in full force at Gordon Track last Friday, lots of the big finance companies failed to make an appearance at the Office of Career Services Career Forum. But that’s not to say that the rockin’ fair was full of doom and gloom. One company that seemed determined to keep the good times coming, despite the plunging economy, was Facebook. “Everyone is very smart, very passionate, and... we have Facebook prom!” University Recruiting Representative Marcia Velencia says. Think of it as prom, but with socially...
...Find a Face Human beings are not moved by numbers or vague predictions of certain doom. They are moved by stories. "It's simple," says Mileti. "You get one family in America. You go to their house. And you paint a picture of what their life is like one year from now. You describe a kid who can't go to college, the house that can't be sold, the inability of anyone to use a credit card. They need to get a camera crew and go to Omaha and find a family...
Seniors beginning their job searches amid doom-ridden news of bank failures and Wall Street woes found a broader palette of jobs on display at the Office of Career Services’s Career Forum on Friday, an event that saw 1,500 students brave the pouring rain to meet with upwards of 140 employers. The participation of 38 consulting firms and 37 finance companies represented a strong presence at the event, though notably absent were major banks including Citigroup and Goldman Sachs, which have attended the career fair in the past. OCS’s interim director, Robin...