【每日阅读训练第四期——速度越障25系列】【25-12】经管

竹迹

占座啊占座，可惜还是没有首页

Time 2      1:12.10
The American dream has taken hit after hit the past half decade. And it seems that the American dream is different.
Time 3      0:58.03
Since young people learned a lot during the Great Recession, they are more optimistic.
Time 4      1:21.45
After the crisis, we still see manipulated market and things chenged a little. And the reason is that too many people in the administration too closely tied to the financial sector.
Time 5      1:05.55
Though some changes have been done and have effect, there are major, multiple problems we left completely unresolved.
Warm up and Time 6      2:51.56
A bank is on trial. And something about the trial is provided. The defence case is that there was no fraud. And the trial may do something the government has not done.
Time 7      4:58.36
After the crises the comfortable world of the strategy consultancies is about to be turned upside down. McKinsey’s success depends on an unimpeachable reputation for integrity and its ability to remain at the cutting edge of business. But now McKinsey clearly faces a more difficult market than it is used to.McKinsey has two huge assets and knows better than almost anyone how to exploit this peculiar mindset.

cherry6891

~~~~~~~~~~~~~~

TIME2 2:35

--The different definition of American dream

--people hold pessimistic attitude to children’s American dream (less working opportunity, more burden , not easy retirement life)

TIME3 1:48

The young generation think they will have bright future and the reason why they think so

TIME3 2:46

There is little change after leman collapse and the reason is the close relationship of congress and financial sector

TIME56  3:42

--countrywide is a leading originator of subprime-mortgage loans

--bank of American is on trial because purchasing a failing countrywide

TIME7 obstacle

Why McKinsey is so successful ?

--interity , cutting edge of business, focuses,

Difficult market than before,however the company has successfully overcome the challenge in 1980

The two main asset of Mckinsey--talent technology

枣糕兔

占座~开完会来读= =

Cri倩

1'50“ discussion about american dream and its changes and what adults think about the american dream
1'01" however the young in the survey do not buy the concept of their parents. they are optimist and the reason they think that
1'30" mentions the steps that should have taken but did not take after lehman failed and points out the reasons lead to the situation
1'21" what treasury speaks for its decision and the irreversible results
1'48“ the information about the law case of bank of america and the probable result of the suit
4'50" introduces mckinsey's achievements in the industry
          how big consulting firms such as mckinsey affect the small consulting firms
          what lead to mckinsey's success
           the assets of mckinsey

billylau

2 2"33
the passage shows the change that waht is exact the america dream? However, the define will change generation after generation, with the change of american social condition.

3 1"48
However, the new generation said that it’s better to be a kid today, and nearly half say that when they are their parents’ age they will have more opportunity—not less.the passage explains the situation in the passage.

4 2"46
the author show his worry that how wall street won.after the lehman's scandal,there is no any changes in the market which are aimed at making the market  safer.

5 2"18
the treasury pointss out that they have a banking system that is sfer, However, the fact that the crisis become worse partly bcasause the banks are too big to let every things well.What is more, people is perspective are different from what the authority considers

6 2"59
the passage talks about trial of Bank of America.The prosecution’s case centres on a loan-processing system that automated Countrywide’s approval process for what appeared to be particularly creditworthy borrowers. The defence case is that there was no fraud

7 7"35

shen315hu727

Speaker: When you search the information online, different people get different results-many website is doing personalization, while, since people's demand is distinct, for instance, we need to connect the relevant with comfortable, now the filter bubble would have to tailor each single personal' individual request.
1.30' Time 2: The perspective of American dream is been changed now. Most American adults casted off their doubts for the next genernation in many ways. Moreover, the concern would stop here, the situation is getting worse.
1.08' Time 3: While, younge people hold different views from their parents', the passage proposed several speculations.
1.30' Time 4: 没弄懂，回头再看看、
1.17' Time 5: Take the issue about banking industry for example to illustrate the current U.S situation.
0.36' Warm up
1.45' Time 6: Talks about the case between Bank of America and Countrywide's.
4.33' Obstacle: Contributing factors to McKinsey's success. With two huge assets: talent and knowledge, Mckinsye's success can be hardly replicated, thus the solid future is guaranteed even no one can prove that its advance does any good.

pgjason

2'14"
1'15"
1'56"
1'37"
1'56"

5'20"

Mckinsey is being in difficult time.

Because the Enron case which the person involved was from Mckinsey (the firm), the scandal affect the image of the firm.

As a result of economy crisis, companies do not want to pay high price package for consulting firms.

With the challenges from other two top consulting firms, the firm is losing its talent.

However, the firm is still in the leading position with its talent and knowledge.  

Thank you~~

wljwendycyu

掌管 6        00:07:48.54        00:20:29.46
掌管 5        00:02:47.53        00:12:40.92
掌管 4        00:02:11.62        00:09:53.38
掌管 3        00:03:09.28        00:07:41.76
掌管 2        00:01:53.54        00:04:32.47
掌管 1        00:02:38.92        00:02:38.92
Speaker:
Filter bubble: internet filter the information according to individual preference, in other words, it shows us what we want to know instead of what we need to know. The author is convincing us with the examples of Facebook, Google, Yahoo and so on.
Time2
Changed American dream: due to the descendent economy and welfare, secure retirement substitutes for house ownership, becoming the dream for majority, at the same time, the prospect of future generation is gloomy.      
Time3
The youngsters reject the passive views and think their life tend to be better than their parents’. Also the reasons of this phenomenon are demonstrated, including ascending economy, tech and more reasonable monetary notions.
Time4
The still prevalent nonstandard manipulation in Wall Street, or broadly bank industry: article dips into banks’ close connection with politics.
Time5
There are drawbacks for American banking system, such as lacking prosecution, profit-oriented pattern and over propaganda.
Time6
Fannie and Freddie sue BOA and its subsidiary-Countrywide for fraudulent loans.
Obstacle
Main idea: The introduction about one of the biggest consultant company- Mckinsey.
Structure: BK the scandal and crisis of its peers
Problematic circumstance: threat for its long-honored integrity and lost dominance in new tech and low-priced competitors.
Advantages help to through many crisis.

pennyz

2:46s
the blow of american dream,and the challenge that would be faced up by the offsprings

2:09s
the younger generation actually think they will own more than their father,because of the different belief and conception
and also the internet and smartphones times
3:19s
2:16s
4:13s
9:22s
obstacle:
Mckinsey is the brainpower profession
yet  it suffers
        ------> the staff split secret of its clients
     this kind of firms all suffer
     strategy consulting era ends
Mckinsey's success
{reputation and integrity/remain the cutting edge of the business}
to compete
lots of services into a single package


to face the challenge---->focus on long term capitalism

Mckinsey's assets:
talent / knowledge

undeplicated business model

rephrase:
the challenge of the consulting industry
                     (reputaion ruin due to the drastic growth, the end of stategy consulting era)
the strength of Mckinsey
                     (alumin, knowlege ,model)

断章

Speaker: If you search for some information on line, you will get a result that is quite personalized. For example, using google or twitter you will see that different people get different answers. They personalize results for you according to your location, habit and so on. So we see what we want to know instead of what we need to know on the internet. It’s a big problem and we should recognize the junk food online. We should focus on the real problems in the society and take our responsibility.

Time2 02:03
Today, the definition of American dream has changed. It used to be more opportunities and financial gain for everyone, but now it means that most American want to retire comfortably. Now adults in American think that for their children there will be less opportunities and house ownership because of the poor economy.

Time3 01:14
Although adults worry for their next generation, young people don’t care. They believe that since they have gone through the great recession, they know better about debt and spending than their parents. Then there are some reasons why young people think in such a way.

Time4 02:02
This one is kind of difficult for me. I read it for three times and try to summarize the main idea.
In TIME’s recent report written by Rana Foroohar, she analyzed five major shortfalls in the “reformed” financial sector.
But there are more that she did not mention: manipulating figures, allowance of payday loans.
The causes of this neglect: congressional lobbying combined with a revolving door, with too many people in the administration too closely tied to the financial sector.
The treasury department are tardy and the results are not good. Eg: failure in transparency of the derivatives market and failure in curbing the anti-competitive practices of the credit industry.


Time5 02:10
The treasure department has not done enough in amending the bank systems. There are some improvements but not enough. We should ensure that the banks return to the corn mission—lending, especially to small and medium enterprises.

Time6 03:39
Beginning: McKinsey has suffered a succession of blows partly because of passing inside information to others, and so have other professional-services firms. So it is believed that the comfortable world of consulting is about to be turned upside down.
Content: In the past, McKinsey ‘s success depends on its reputation for integrity and its ability to cut edge of business. But now these two advantages fade away it also faces other problems: companies have access to more business expertise and there are low-priced competitors.
Ending: it also has two huge assets: talent and knowledge. There are companies relying on it so it seems that for M there is a change to recover in the future.