Word: townes
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Dates: during 2000-2009
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...while the firm will shut down part of its trading desk it has no plans to fully exit the investment-banking business. It still plans to advise clients on mergers and manage stock and bond offerings, as well as complete trades for others. Gorman recently told employees at a town-hall-type meeting, "The heart, the DNA - the fabric of this place - has always been the institutional securities [investment banking] business and, frankly, should always be ... That's our roots." (See 25 people to blame for the financial crisis...
...word spread that three students at Hayden's school had the new flu, people in his town began trying to stamp out the uncertainty. It was an unsatisfying endeavor. Health officials came to Hayden's house and asked him dozens of questions. Had he been to Mexico lately? (No.) Had he had contact with any pigs? (No.) That weekend, Texas health officials closed all 14 schools in Hayden's district, sending 11,000 children home. Workers wiped down the school district's 100-plus buses. At Cibolo city hall, employees posted signs asking residents to pay their utility bills...
...further confuse matters, influenza is inconsistent. It may lay siege to one town and leave the next untouched. That too perplexes the brain. We wonder why one school system shuts down and another stays open. We can't identify a pattern that makes sense...
...Psychologists call this the Lake Wobegon effect - after the fictitious Minnesota town invented by Garrison Keillor, who described it as a place "where all the women are strong, all the men are good-looking and all the children are above average." We all tend to be overconfident about ourselves in surprising ways. About 90% of drivers think they are safer than the average driver. Most people also think they are less likely than others to get divorced, have heart disease or get fired. Likewise, according to a late-August poll by CNN/Opinion Research Corp., more than 60% of Americans surveyed...
What is the power of place? We can't talk about relationships without talking about the context in which they occur. If you just think of yourself walking through the bad part of town, you're on guard, your shoulders are up near your ears, your heart might be beating a little bit faster, you're not exactly open to having conversations with strangers. But if you're in a welcoming, safe environment, whether it's a store or a park or the barbershop where you know some people or the tavern on the corner, you're more likely...