Word: lehmans
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...have heeded your warning. But this was Commencement, and your audience was too busy thinking of all the drunken Facebook photos they would have to de-tag before moving to Manhattan. They were gone, President Faust, but at that moment you figured that by crippling Fannie Mae, Freddie Mac, Lehman Brothers, Merrill Lynch, AIG and WaMu you could save future Harvard students from pursuing careers they cared little about...
...people who will truly benefit from Operation Painting Wall Street Crimson are us Harvard students, starting with the Class of 2009. This past summer, some of our present seniors were resigning themselves to getting into bed with one of the Lehman Brothers. Now that you have shot them all dead, President Faust, these students are free to dream big again. They will think of taking that internship with The Times, or moving back home to Michigan to help their depressed community, or continuing their cancer research, and out of the ashes of greedy Wall Street a hundred little Timmys will...
...This process, more than a year in the making, shot into overdrive in the wake of the corporate failures and takeovers that began with the collapse of Lehman Brothers on Sept. 15. Less than two weeks earlier, on Sept. 4, the Association for Financial Professionals surveyed more than 350 large companies about how the availability of short-term credit (or the lack thereof) was affecting business. Seventy-one percent said there was no significant impact, 11% said growth had slowed, and only 2% said business had contracted...
That's why Gwyneth Paltrow wore custom-made, 6-in. (15 cm) Alexander McQueens at an Iron Man premiere and Sarah Palin donned Naughty Monkey Double Dare pumps at the Republican Convention and former Lehman CFO Erin Callan navigated Wall Street in skyscraper spikes. Because heels are the perfect shoes for negotiating the complicated landscape where authority meets beauty. Think of them as a peacock's tail--if each feather were also a poison dart...
...annual Office of Career Services Career Forum included the usual big names: the CIA, Abercrombie & Fitch, NASA, and... Lehman Brothers?... Oh, wait. While many 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...