Word: manhattanization
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Fortunately, many recent grads seemed to be working in midtown Manhattan rather than downtown, in the financial district...
Jennifer Mrowka ’01 was at a computer training facility in midtown Manhattan when she began to see photos of the towers on the screens of others who had simply intended to read the daily news. She thought it was a practical joke...
...Kisco and everyone was offering greetings that began with, "Awful," or "What a day" or "Simply inconceivable." Dr. Cronenberg had the radio on, as was usual, but it offered news, not Muzak. As Caroline sat patiently through her checkup, assistants kept giving the doctor updates on news from southern Manhattan. "Pace has been let out," one said finally. Pace University was mere blocks from ground zero, and Dr. Cronenberg's son, Jeff, was a student there. So the doctor was monitoring this carefully...
...chances are good that by Monday, professional investors will be thinking again not of carnage or a show of the resilience of The American Way, but their way, and the reason why they work in lower Manhattan in the first place: their fiduciary responsibilities to their clients and shareholders...
...They will sell airlines and insurance companies and Manhattan real estate. They will buy oil and gold, and defense and construction and security - and maybe even cell phones and Blackberrys after hearing so often how good it can be to be connected in a world like this. They will do so tentatively, because in economics every action has an equal and opposite reaction - insurance companies will have the luxury of higher rates after this and Manhattan real estate might be a bargain for the future - and because this is still a scared new world and everyone will have bomb threats...