Word: wall
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...After Wall Street stabilized in the spring, it didn't take long for the economy to become a political afterthought to the major battle of the year in Washington: health-care reform. But Tuesday's off-year election broke D.C.'s political trance like a brick through plate glass. Republicans triumphed in two major gubernatorial races, thanks largely to independents fleeing Democrats over economic worries. Suddenly every politician in town cares about the economy more than anything else. (See TIME's special "Out of Work in America...
...Yale sophomore died last Sunday. Andre Narcisse '12—an Exeter graduate and aspiring Economics concentrator of Haitian descent—dreamed of someday becoming a Wall Street executive. Yale police officials do not suspect foul play. Yale College Dean Mary Miller told the Yale Daily News that it would be premature and inappropriate to speculate, but added she is hoping to address concerns about alcohol and drug use on campus...
...many films about global atrocities in Asia, South America, and the Middle East, the impact is no less shocking. As the title indicates, Cockburn—along with her husband, Andrew, who co-wrote and co-produced the film—suggests that the deregulation of financial institutions turned Wall Street into a virtual casino, one that operates on stakes much higher than anything found on the Vegas strip. The film opens with the now familiar tale of unsupervised banking recklessness: banks steadily doled out an increasing number of subprime mortgages—loans made to consumers with bad credit...
...Cockburns assemble a wide range of evidence, opinions, and information in piecing together the crisis from multiple angles. There is the former Wall Street employee who feels no responsibility, the government worker frustrated with having to deal with squatters on foreclosed property, and the membership of the St. Ambrose Housing Aid Center indignant that these lenders purposely offered their clients loans that they cannot afford. Despite a brisk pace and an ever-widening range of perspectives, the film’s various threads are often surprisingly connected beneath the surface, ensuring that the narrative never gets lost or jumbled despite...
...game called ‘Cathedral.’ It’s one of those logic puzzle games. I was a chess player growing up, but no I’ve never played the chess master at ABP.” A giant plasma television rests against one wall showing that the Mankiws don’t only enjoy books and logic games, but also kicking back and watching some TV every once in a while...