JULY 23, 2011

Full News Archive

• Headline: The Impact of Credit Rating Agencies. Impact: The financial agencies' power could be traced back to this very moment, creating a chain reaction where 'credit ratings' became as important as dinner reservations. The next thing you know, people would be checking their credit scores before deciding where to eat.. Fact: Did you know that the phrase 'too big to fail' was actually coined in a bar after a guy spilled his drink? You just can't make this stuff up!.
• Headline: Dodd-Frank Tensions Rise Over Regulatory Changes. Impact: The clash between Dodd-Frank supporters and regulators creates a ripple in the financial sector that leads to more regulations than anyone can keep track of. Eventually, the term 'financial literacy' becomes a mythical creature, like Bigfoot or a balanced budget.. Fact: Did you know that arguing over financial regulations is like trying to teach a cat to fetch? It’s messy, futile, and the cat just wants to nap in the sun..
• Headline: How Hot Is 104? New York Counts the Miseries. Impact: The extreme heat in New York ignites a nationwide debate about climate change, leading to the eventual rise of 'cuddle puddles' as the only way for humans to survive the heat. Who knew sweating could inspire a social movement?. Fact: Did you know that the phrase 'It's hotter than the sun' was officially retired after this event? Scientists agreed it was an understatement..
• Headline: No Windmill, but Still a Cure for the Wicked. Impact: If miniature golf becomes the go-to therapy method, we might be looking at a future where every therapist has a putter in one hand and a scorecard in the other. And yes, that will definitely lead to more 'hole in one' puns at dinner parties.. Fact: Did you know that 'miniature golf' was originally meant to be a serious sport? But then, someone realized putting was more fun with a windmill and a clown. Clearly, they were onto something!.