Word: greed
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Dates: during 2000-2009
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This desire-to-get-rich-quick gene seems permanently grafted onto American society, which probably explains the incredible success of shows like ABC's "Who Wants to be A Millionaire" and Fox's "Greed," (thank you, Fox, for telling it like it is). It also goes a long way to explaining the real reason why the stock market performed so atrociously last week. What could possibly more seductive than the prospect of making untold amounts of money from an IPO for a website, something that anyone with a modicum of technological savvy can create and maintain? How many times over...
...Greed often runs people into debt, Liu says. People see their stock value increase by 100 or 200 percent in a day and think their good fortune is forever. Liu, wisely, would take his gains and sell, regardless of whether the stock was on the rise. After a while, Liu says, the money is just numbers on the screen. You forget the value of a dollar. Since the New York Stock Exchange runs from 9:30 a.m. to 4 p.m., day trading is a full-time job. "It takes nerves of steel, and you can't be shy about losing...
...picture this lovely doesn't come along every day, but it used to. Until the greed-is-wonderful 1980s, the figure Douglas portrays was a regular in American culture--the beautiful loser, the shimmering failure, the mess who for all his stumbles in the slush still strove for something honorable and was honored by the greater world in which he gloriously flopped...
...tobacco-breath raspberry to Daniel Kadlec for advising investors that if they can "get past the moral issues, Philip Morris is a compelling stock" [PERSONAL TIME: YOUR MONEY, Feb. 21]. What are you going to tell us next? "Greed is good"? MICHAEL GILVARY Los Angeles
Except, of course, if you believe that a liberal arts education should be untainted by the specter of naked greed. Ostensibly, the undergraduate experience is an opportunity to contemplate life's higher questions and learn to appreciate its more refined pleasures. Admittedly, the notion that college is a time for self-edification, shielded from the more crass concerns of the rat race, has been under assault for years. From the increasingly heated resume-padding battles of the extracurricular sphere, to the proliferation of pre-professional courses, the purely liberal education has long been on the wane--especially here at Harvard...