Word: walls
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Dates: during 2000-2009
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...Koma Gandy, the folks who mix her favorite tunes were always like the Wizard of Oz. "You go out to this party and the deejay is this mysterious entity behind a wall, where all this magic happened," says Gandy, 34, who lives in Brooklyn, N.Y. "I've always wanted to see how the magic was constructed." Thanks to the recession, Gandy and many others are finally getting a chance to connect with their inner-MC. After she lost her hedge fund job in December, Gandy, a Harvard undergrad who also has an MBA from Georgetown, made a list...
...wearing a thick jacket vaulted the wall of the police compound in Islamabad and entered the courtyard. According to eyewitnesses at the scene, the police shouted at the man and then opened fire as he ran toward them. Wounded by the bullets, the bomber detonated his device, instantly killing one constable and fatally wounding another who would die moments later. "He was trying to target the main building but our men foiled his attempt and one of our men laid down his life," senior police officer Bin Yameen told reporters at the scene. (See TIME's photos of Pakistan...
...soon after the tech-stock wreck was supposed to show the excess and folly of the financial-services industry. Many predicted a massive shift in workers away from dollar-crunching into the more real parts of the economy. The best and the brightest would no longer head straight to Wall Street. (See 10 perfect jobs for the recession...
What's more, for those who have kept their jobs in the financial-services industry, the recession hasn't dented their paychecks either. While it appears that top salaries on Wall Street have dropped, on average, wages in the industry have continued to rise, even in the past year and a half. Weekly wages for those who perform financial activities, according to the BLS, have risen 1.7% since the end of 2007, compared with a jump of just 0.7% for all workers in the same time...
...Much of its U.S. operations were bought by British bank Barclays, which retained 80% of Lehman's U.S. investment bankers. Japanese bank Nomura has also been hiring here. Alan Schwartz, who was formerly the head of the failed investment bank Bear Stearns, recent landed a job at one of Wall Street's so-called boutiques, Guggenheim Partners. He's not alone. Recruiters say not only was the job downturn in the financial industry shallower than the rest of the economy but it appears to be turning earlier as well...