JANUARY 23, 2009

Full News Archive

• Headline: Sweden’s Bold Banking Nationalization Strategy. Impact: The Swedish model of nationalization inspired a global trend where every country began to treat their banks like a bad roommate: kicking them out, but then letting them back in with a stern warning. This ultimately led to the infamous 'Banking Rehabilitation Support Group' where bankers shared their feelings about stress and bad investments.. Fact: Fun fact: Sweden's ABBA was almost called 'The Nationalized Bankers.' They changed it last minute when they realized it didn’t have the same ring to it..
• Headline: Two Sides of a Border: One Violent, One Peaceful. Impact: This stark contrast led to the creation of the 'Border Peace Program,' which involved sending El Paso residents to Ciudad Juárez to teach a masterclass on how to avoid conflict—while simultaneously losing in a game of dodgeball.. Fact: In a twist of irony, the safest city in the U.S. has a yearly festival where they celebrate their 'not being Ciudad Juárez' status. It's basically a peace parade with piñatas shaped like trouble..
• Headline: Geithner Hints at Harder Line on China Trade. Impact: Geithner's comments stirred a global frenzy that led to a game of economic chicken between the U.S. and China, resulting in an unexpected boom in the market for rubber chickens as companies sought to lighten the mood.. Fact: Did you know that trade talks often end up being like family dinners? Everyone has differing opinions, and there's a lot of tension until someone finally brings out dessert..