Word: good
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Dates: during 2000-2009
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...half years ago, at Morgan Stanley's annual meeting, CEO John Mack fielded a question from a worried investor. Mack's firm had had a good 2006 and early 2007, but the questioner was concerned that much of the new profits seemed to be coming from increased borrowing and bets the bank was making with its own capital. Mack answered defiantly...
Journalists often stand accused of neglecting good news in favor of bad. And on Monday evening, some of the most eminent names in British journalism seemed frankly perplexed at how to handle a piece of good news: namely, that their employer, the Observer, had been saved from the chop. They had called a meeting in London to plot a campaign to rescue the world's oldest Sunday newspaper. Despite news of the paper's reprieve, they assembled anyway. As the room filled to capacity and then filled beyond capacity, one Observer writer wondered aloud at the size of the turnout...
...rely on emotions to make decisions about risk. We can't possibly mull over every new piece of data our brains collect, so our emotions give us shortcuts, helping us make split-second judgments about that information. The more uncertainty, the more shortcuts we use. This is a good thing. People who have suffered brain damage that removes emotions from their calculations cannot function. They can't make decisions, even simple ones. So we need our emotions to make sense of the world. But our emotions also can lead us astray - particularly when we encounter an exception to a lifetime...
...more popular online chat rooms in China, and I'm told it reflects pretty accurately the prevailing sentiment in my country in the wake of your decision to discriminate against tires made there. (U.S. companies, by the way, produce two-thirds of those tires. We all had a good chuckle about that in the Politburo. Here I am, the head of the Communist Party in the People's Republic of China, and I'm apparently more of a capitalist than...
...before you thank me for that, I wanted to mention a couple of things. Your Treasury Department has thus far been good at keeping its mouth shut about the value of our currency. As I said, we need our export sector to recover - late last year I had more unemployed workers in one province (Guangdong) than you have in your entire country - so forget about pressuring us to revalue the renminbi. We allowed it to increase in value against the dollar during the Bush years, but until there's evidence of a global economic recovery, we're not budging...