SEPTEMBER 28, 2008

Full News Archive

• Headline: Reviving Community on the Lower East Side. Impact: The effort to attract secular-minded young people to a synagogue has led to a nationwide trend of spiritual cafes, where people can sip lattes and contemplate the meaning of life – or at least their next Instagram post. The ripple effect? A dramatic increase in artisanal coffee prices.. Fact: Did you know that Starbucks has a secret menu? If you ask nicely, they might just serve you ‘Latte of Enlightenment’ or ‘Cappuccino of Contemplation.’.
• Headline: Challenging the Ethics of Lending Practices. Impact: Blumberg’s question about loans sparked a financial revolution, leading to countless podcasts where people discuss money with the same enthusiasm as discussing their favorite cat videos. Who knew financial literacy could be so entertaining?. Fact: Did you know that asking why loans are made to people who can't repay them is like asking why people still watch reality TV? Some mysteries are just meant to be accepted..
• Headline: Savings and Loan Crisis May Be Guide for Bank Bailout. Impact: The S&L crisis became a cautionary tale for future bank bailouts, resulting in countless meetings where bankers casually sipped coffee while discussing how to avoid the same fate. Spoiler alert: they didn’t learn much.. Fact: Did you know that the term ‘too big to fail’ originated from this crisis? It’s the financial equivalent of your mom saying ‘you can’t fail that math test, you’re my favorite!’ Spoiler: you still can..