Word: mcdonaldization
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Dates: during 2000-2009
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...grounds that they block foot traffic and invite others to solicit at entryways, the Salvation Army says it raised $118 million through the program in 2007. (The charity is also in the process of distributing a $1.5 billion donation from Joan Kroc, the wife of the founder of McDonald's, to open community centers around the country.) In the U.S., there are nearly 8,000 Salvation Army locations, and more than 3 million volunteers assisting nearly 30 million people a year. Worldwide, the charity operates in more than 100 countries...
...apples and encased in an inedible shell. Yet the apple pie did develop a following, and was first referenced in the year 1589, in Menaphon by poet R. Greene: "Thy breath is like the steeme of apple pies." (500 years later, we have "I'm Lovin' It", thanks to McDonald's and its signature apple pie in an individual-serving sleeve.) Pies today are world-spanning treats, made with everything from apples to avocados. The winners of this year's annual APC Crisco National Pie Championship included classic apple, pumpkin and cherry pies, but citrus pies, banana foster...
...been marking its loans down to market value aggressively enough, the losses on its balance sheet could be even greater, which could be the case. "Though difficult to draw hard conclusions from comparisons between banks, Citi's marks appear less aggressive than J.P. Morgan's," wrote analyst John McDonald of Sanford C. Bernstein in a research report last week...
...told, McDonald thinks that Citigroup has $88 billion in risky assets. That's not quite $100 billio,n but it is close. And that's what has the Citi-doomsday-folk yapping...
...Read "Hooked on McDonald...