Word: orman
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Like a medic tending injured soldiers on a battlefield, she spends her days fielding calls from people who are in financial peril--drowning in credit-card debt or facing adjustable-rate mortgages that threaten to bury them alive. Each week they phone in to Orman's CNBC show for advice or buy one of her nine books, which offer the hope that they might save themselves from the financial hell they've created. Orman rushed out a paperback response to the economic crisis called Suze Orman's 2009 Action Plan, which is on the New York Times best-seller list...
...When Orman talks about the government officials responsible for fixing the crisis, her voice often drips with contempt. During a recent appearance on MSNBC's Morning Joe, she asked Alabama Republican Senator Richard Shelby why Americans should trust members of Congress who can't manage their own personal finances. And the suggestion by Larry Summers, President Barack Obama's economic adviser, that Americans should start buying cars again to help jolt the economy was "the most irresponsible thing anybody could say," said Orman. "Mr. Summers, I am so sorry. I understand we have to spur the economy...
Over the top as she is, Orman's ubiquitous presence has become a sort of unofficial economic barometer: the worse things get, the harder she is to avoid. Her style seems almost intentionally annoying: she screams on camera, her blue eyes practically bugging out of her head. But she has long been saying what America needs to hear, crusading against credit-card debt and urging people to save money and pay down their mortgages. Since the onset of the recession, she has made some subtle adjustments to her image, positioning herself more as a populist crisis manager than...
...Woman's Work Between taping episodes of her TV show at CNBC studios in Englewood Cliffs, N.J., Orman reclined on the couch in the green room, her teeth glowing white. Her sunglasses were slipping down her nose, and she was made up with a powdery orange tan and zipped tight into a butterscotch leather motorcycle jacket. "A woman's nature is to nurture. A woman gives birth," Orman said. "Men have it right when it comes to earning money and asking for a raise," she continued. "But how many women do you see at the track...
After you watch a few episodes of her program, it becomes clear why Orman believes that men are responsible for most of the economic carnage rippling across the globe. One of the viewers who called in--Nancy from Sacramento--had just related a sad tale: she and her husband had taken out a $100,000 equity line of credit on their house and invested all of it in shares of one company. It was now worth $700. (See the 100 best TV shows of all time...