Word: sufference
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...logical (much less honorable, but we probably need not go there) was it for Wall Street to over-leverage itself? Or is it just a matter of 'because they could'? It was logical for individual Wall Streeters because they could reap big rewards from overleveraging and not necessarily suffer from the eventual fallout. It was not logical for Wall Street firms to do so (because it put their survival at stake) but those firms are after all just collections of individuals...
...positions of crucial holdings. Kayley E. Laren ’09, the chief investment officer for the group admits that their funds have taken a hit in the market in recent months. “I think for sure we expect that some of our investments will suffer losses and will continue to [do so],” she said. But she insists that they are still taking advantage of the opportunities that are available in niche markets and lesser known companies. “Those things have helped us see positive returns,” she said...
...since time immemorial. But starving i-bankers? This seems like adding insult to injury. It was fine for us artists to starve—it was our comeuppance for preferring creative writing to econometrics. Surely our future-minded friends who slaved away on demand curves do not deserve to suffer the same fate. Yet as the economy crumbles, it seems terrifyingly more and more likely that we will all be in the same boat...
...become a little spoiled with menswear in particular because, of course, we've come off a period in the '70s and '80s when Armani, which is very soft, dominated menswear. And we've become obsessed with comfort. I actually don't like that. I think you should suffer sometimes to be attractive and beautiful, so I cut the clothes very slim because I like to feel the clothes on my body...
...center of it all was investment banking, whose promise of six-figure starting salaries and eight-figure executive bonuses compelled hundreds of graduates to suffer through 80—hour workweeks spent hunched over an Excel spreadsheet...