Word: shock
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...cried like babies that night three months ago when we learned how you robbed us. Did you cry, Mr. Madoff? A thousand, maybe 10,000 cried that night. We shivered in our collective adrenaline-fueled shock. We were physically unhurt, physically just fine, but that night our bodies shook with fear - everything was gone. A minute before the phone rang, things were good, even great. Afterward they would never be the same. All our hard work, all our savings, all our plans were wiped out forever. (Watch the video of Madoff pleads guilty...
...Chrysler in the U.S. aren't currently on the cards for most European and Asian carmakers, which don't face the kind of long-term structural problems dogging Detroit. Instead, policymakers in countries with substantial automotive industries are rolling out programs to ease the short, sharp shock of plunging sales by giving consumers incentives to start buying again. In January, China slashed its sales tax on cars with engines of up to 1.6 liters. The measure, designed to get Chinese to buy smaller, more fuel-efficient vehicles, had an immediate impact. January sales of small cars jumped 19% compared with...
...Given the state of the economy, perhaps it comes as no big shock that 13% of the survey respondents said they would outright lie or exaggerate to keep their jobs - even though such behavior is forbidden by many companies' ethics policies. About 2% said they would take credit for someone else's work or flirt with the boss to get ahead, and 4% would lie about having common interests with their boss to deepen their bond with a superior. "The negative responses were surprisingly high," says Kenny. "People are very frightened of losing their job, and they become threatened. People...
...fell 4.2%, and Hong Kong's dipped 2.5%. Eric Fishwick, head of economic research at the brokerage CLSA in Hong Kong, predicts the dismal numbers will persist. He expects GDP in Taiwan and Singapore to contract at double-digit rates this year. "We've never seen an external shock in Asia like this," says Fishwick...
...Burchell argues that policymakers and employers should prepare for the fallout from the stress and anxiety that the existing workforce is currently suffering. "From a societal perspective, we can expect worse things to come," he says. "Presently we are going through a 'shock' period." But in a year, Burchell says, the people who have had to endure the ongoing threat of being fired - and deal with the frustration of not being able to plan for their future or feel in control of their life - may begin to suffer severe symptoms of anxiety and depression, such as insomnia, substance abuse...