Word: stressful
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...When the stress tests were completed last month, the Treasury Department and regulators gave banks deemed to need capital a month to detail how they would raise it. For the banks that passed the stress test, they were told to report back on how they plan to repay taxpayers. Monday, June 8, was set as the deadline for turning in those plans to regulators. (See 25 people to blame for the financial crisis...
...many of the banks deadline day will pass with little fanfare. Like the stress test before, the month of preparation the banks have had before submitting their capital plans has in general shown that the banking industry is stronger than many thought. Banks were able to raise capital in May and early June with surprising ease. Selling new shares usually makes a company's stock price go down because the earnings-per-share pie gets cut up into more slices. But many of the banks have been able to raise cash and have their stock price continue to rise...
...trip to Disney World, he used the opportunity to found Mikey’s Way Foundation, a charity that raises money to improve entertainment facilities for children undergoing cancer treatment. Friedman observed during his multiple extended hospital stays that his physical well-being was greatly improved by alleviating the stress and boredom of treatment through simple diversions, like video games or DVDs. The foundation seeks to provide this relief for children whose families cannot afford these things. Since its creation, the foundation has raised more than a quarter of a million dollars for toys purchased for hospitals across the country...
...said Charles W. Altchek ’07, who had known Antoine since their freshman year at the Horace Mann School in New York, nine years ago. Antoine, who played the violin and piano, had wanted to expand the interaction between the music department and undergraduates, Altchek added. The stress of planning and performing in the Class of 2007’s freshman musical—which Antoine produced—was palpable, according to Daniel A. Koh ’07, who sang in the show and lived in Thayer Hall with Antoine. But while people were tensing...
...think President Obama's rhetoric, and his emphasis on empathy in difficult times, might trickle down to engender the sort of kindness you stress in the book? Hard times don't necessarily make people nicer to each other. I think that's a myth. When people feel really anxious and fearful for themselves and their families, that doesn't necessarily foster kindly feelings. It can create a really bunkerist mentality. I think that there are many wonderfully encouraging things going on right now, and certainly Obama's presidency is right up there. But I think people need to feel confident...