Word: panic
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Dates: during 2000-2009
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Fortunately, that sort of panic - which brought down British lender Northern Rock a year ago - was the exception. But the loss of confidence underlying it is every banker's worst nightmare - and every bank regulator's, too. At Bradford & Bingley, staff were given forms to hand out to customers explaining what had happened and why their money was safe. Elsewhere, it was national authorities who sought to reassure, most notably in Ireland, where the government announced an unprecedented $560 billion guarantee to cover the deposits and debts of the nation's six biggest banks for the next two years...
...Dozens of randomized controlled trials later, the wacky factor is fading. E-therapy programs are being offered or tested by reputable institutions worldwide. In Australia, Swinburne's panic-online and ptsd-online have been joined by e-Couch, for mood disorders, and MoodGYM, for depression, from the Australian National University's Centre for Mental Health Research, and by the Climate suite of programs from the Anxiety Disorders Research Unit at St. Vincent's Hospital, Sydney. The Australian Department of Health is now funding Swinburne's National e-Therapy Centre for Anxiety Disorders, which will soon offer CBT treatment via anxietyonline.org.au...
...Mental-health professionals "are fascinated with what we're doing and excited to see the change in patients," says Dr. Gavin Andrews, who heads the St. Vincent's clinic. About 500 people have taken part in its trials of e-therapy for panic disorder, mild depression and social phobia, and "we are amazed by the results," he says. "Over the Web, we can produce exactly the same benefit as in our clinic, with a quarter of the staff time. We are curing people we never see." Andrews, who's also Professor of Psychiatry at the University of New South Wales...
...India Temple Tragedy Early on Sept. 30, as 12,000 worshippers gathered in the city of Jodhpur for the start of a nine-day Hindu religious festival, a sudden panic caused a stampede that killed at least 200 people and injured at least 60 more. An official said a wall had collapsed near the Chamunda Devi temple and alarmed revelers; other reports blamed a bomb scare and a group trying to cut in line...
...equation - Obama's steadiness throughout - has been pretty much overlooked. Just after the House shot down the bailout, Obama took to the stage in Colorado, and the contrast with McCain couldn't have been greater: "Now is not the time for fear, now is not the time for panic," he said. "We may not be able to do everything overnight ... But I want you to understand, I know we can do it ... Things are never smooth in Congress. It will get done...