【每日阅读训练第四期——速度越障25系列】【25-12】经管

枣糕兔

Speaker section

General idea:
Beware of online filter bubbles.
The speaker shared his personal experiences as a illustrating example of the central point----we get different searching results and the deciding factors are our searching habits. It's like we all have our personal online "filter".
The speaker then defined this phenomenon as "filter bubble". This results in incomplete info which narrow down our searching scale for no reason----we have right to see those info that gets edited out. If the existence of this "filter" is to be justified, the principle of info selection should be made transparent to the public to create a fair online community with open sources.
The Internet is supposed to share infinite info with each other, not isolate each other and create a web of one.

Speed
01'45
01'23
02'09
01'44
03'00
article 2
With the opportunity, which the American Dream is based on, shrinking due to the market condition, more and more adults start to think that the next generation of the U.S. would be worse off.
The young people, however, disagree with this statement and hold the view that they would have more opportunity than their parents. The reasons may be: The young generation has seen their parents dealing with bills and debts so that they can learn a better way to handling these things in the future. Besides, the Great Depression taught them a lesson. Or maybe the young generation just couldn't live without the Internet and smartphones, which make the old days like dinosaur age.
article 3
Doubts arise against the recovery progress of the financial market and therefore the economy and society in general. TIME's pointing out the question against the progress made the authority anxious to fight back in words and prove exactly its points---we are not making progress, or little progress.
The gvm tried to convince people that we are better off than five years ago with our improved system and blablabla, but the truth is that doesn't count much as "achievements" and the problem of "too big to fail" can't be ignored for it could also mean "too big to manage"---banks don't get prosecutions for illegal financial tradings.
In sum, there's just not enough progress or achievements and Washington should stop caving to the Wall Street and start taking some responsibilities.
article 4
Big law case including Bank of America and its potential crime of fraud due to【an obsession of】extracting profits.
In the end, the court trial end up with proving BofA not guilty. Well, at least the court did something that the gvm has never done---publicly questioning the role that giant institutions played in the crisis.【原文 Subject the two politically connected mortgage giants to public scrutiny for their role in the crisis.】

Obstacle
06'25
Main idea: Consulting companies are going to have a hard time as the corporations worldwide begin to push them out of the profit share. Mckinsey will survive but the best days are behind.
Attitude: Positive(+)
Structure:
>>>Upcoming trend: The way things work for consulting companies is not going to be as good as today from now on. With Mckinsey thriving in the global capitalism by consulting for the world's most leading corporations and gvms and advocating the idea of business being a profession which requires brainwork, the consulting company itself has suffered from a succession of blows and inside-trading scandels.
>>>Analysis of the consulting business in the future: Examples dscribing different kinds of consulting companies going through a similar hard time.
       Mckinsey's success depends on 1)【an unimpeachable reputation for integrity】 2)【an unimpeachable reputation for integrity】
       And it's now facing a more difficult market, but it will survive.
>>>What the edges of Mckinsey: access to the world's greatest talents; huge knowledge and data on global capitalism
>>>Conclusion: The best days for Mckinsey may be behind but it will still thrive with its unique assets.

123erin

25-12
Speaker
The author used the Facebook and Google example to show that Internet is important to us. Besides, the large Internet companies are collecting information to customize users search result. At the same time, this filter bubble also filter out some other important message. The speaker hopes the media make sure they make information transparent and available for users, not only the prefer one, but also the uncomfortable and the new perspectives.

Speed
1.        3:58.96
Americans’ dream is shift from home ownership to comfortable retirement. Adults said it was better to be children at their time than now. Young people now will have more chance to have an uncomfortable retirement.
2.        2:26.97
Less than half of the American young people agreed that their parents had more opportunities than them. Maybe because they learned a lot about great depression, maybe they saw the stock market starts to roar again and the house market recovers, maybe they know the stereotype… or maybe they just cannot imagine lives without Internet and smartphone.
3.        5:11.58
A writer of “How Wall Street Won” gave a high evaluation to Wall Street. However, there are a lot of problems that worth of point out, such as the mortgage issue and the bank manipulation. The reason of neglecting these problems maybe the congressional lobbying and involve doors.
4.        2:51.60
The congress said bank system is safer than five years ago and it is too big to fail. However, the author asserted that, although the bank is too big to fail, it is also too big to manage. Banks has so many illegal operations, such as money laundry. Congress also pointed out performance of the bank, but it does not enough. The bank should concentrate on its core business- lending, especially to small and medium size companies.
5.        8:36.63
Bank of America bought the failing Countryside and involve in a law suit. The case concentrated on lending system, which focus on speed and efficiency but neglects credit risks. Finally, the court let the two companies face the public.

Obstacle
        7:55.45
        Mckinsey is one of the most successful companies in the world. Although the current business environment is tougher than before, it overcame a serious of obstacles. Mckinsey’s success owes to its integrity as well as staying at the cutting edge of business. It has two precious assets: talents and…

旧未来

1  02:25
2  01:40
3  02:28
4  02:01
5  00:56
6  02:55
7  06:39
Main idea:Why McKinsey can stand the top in management consulting?
Structer:
Background:1.the McKinesy suffered from the a succession of blow about the secret leakage.
2. Life is getting tougher for professional-service firms.

Analysis:McKinesy's success depends on two points.
1.an unimpeachable reputation
2.the ability to remain at cutting edge of the business.
However, it faces a more difficult than it is used to be.
There are two assets for McKinesy to get over the proble, the talent and knowledge.

chibomen

2：18
1：47
2：04
1：51
57
2：28
Obstacle：
6：07
main point: McKinsey would still be on the top of consltant company
Author's attitude
Positive
Struction
-introduction of McKinsey
-McKinsey 's recent problem
-McKinsey's advantages
-McKinsey is still competitive

gyb192483

谢谢小杀妹！
TIME2:01‘44'' Different versions of American Dream: 1) the good opportunity, job availability 2) having a house 3) a good retirement life 4) the better life of the next generation. While most of the parents believe that their children will have a better life, some still think that the children's situation will be worse in the future
TIME3: 01'24'' But children think that they will have a better life when they reach the age of their parents. Four reasons: 1) they learn from the recession and care about the spending 2) they see the recover in the stock market and house market 3) if they work hard, they can get high payment 4) they can not imagine the life without internet
TIME4: 01'46'' No fatal financial policy has been set to reduce the mortage since the crisis five years ago. The reason is that the policy maker is closely related to the mortage
TIME5: 01'26'' Somebody say that we have a safter and stonger bank system compared with the one five years ago. But actually the bank system is not good. Banks now focus on the profit. They don't even fulfill their core mission-- lending. Banks have a way to convince people that all is good.
TIME6: 02'32'' the bank on trial is bank of America. It peforms the loan in favor of the politican. The system is speedy, but the quality of the work is not good, a flaw caused the trial. This trial will bring the two giants to the public concern

Obstacle: 05'32''
Main idea: the difficulities and potential ability to solve the problems of McKinsey
Attitude: Neutral
Structure
==> McKinsey make the consulting industry prefession
==> the difficulities Mckinsey
  ==> the employee betray the secret
  ==> the customer doesn't like the huge bundle. Other consulting company can offer more competetive price
==> the advantage Mckinsy had to couter the difficulties
  ==> the worldwide network including the alumi and the former stuffs
  ==> talent and knowledge
  ==> the experience of handling the difficulities in the past
  ==> kowing the mindset of the big company

750750

2min20s
1min34s
2min11s
1min52s
2min12s

5min11s
McKinsey是专门为大公司和政府提供建议的智囊公司
但是在现在的市场上，咨询建议公司纷纷遭受着冲击：McKinsey被爆出其员工出卖信息给别的公司；一些中型的咨询公司也纷纷倒闭
McKinsey存在的问题：1、原本其擅长整合，但现在不行了
原本擅长削减成本，但却出现了错误的操作
虽然还面临着其他两家大型咨询公司和一些小型公司的业务抢夺，以及大公司购买意愿的减少，但是McKinsey依然认为未来是乐观的

TaoRs92

time:2:31.44
The change of America dream and the dream for children now.
Opportunity(failed
House ownership(declined and many people reconsider the reason for purchasing a house
Financial education
People think children now will have a worse situation than adults now in the future.
_____________
time:1:29.78
Children these days don't think they have worse opportunities than their parents.
Maybe it's the different points and ways to see the same thing.
Some children accumulate their wealth these days.(live even better)
Maybe kids just can't leave electronic devices.
______________
time:2:23.46
After the crisis,the wall street did not change.Those banks did not have a better manipulation and markests did no become more transparent and health.(example for LABOR)
The reason:there are too many people and employments involved in this field
________________
time:1:51.00
It was a good chance to make reform after the crisis.But changes didn't happan and the good chance proved to be waste.
Treasury said now the whole system is better than 5 years ago.But actually there are many problems(too big to fail,too big to management.) remaing unsolved.Also,these institutions violated many laws but didn't receive presecution.
It's not enough.Banks forget their primitive aim:lending but make profits by specultion and trade.
Call for change.
__________
time:00:50.63
The three companies(the one first invent subprime mortage loans,and the two housing institutions)shoud be blamed because of this crisis?
_____________
time:2:32.47
Bank of America is the subject of this trial.(Because it purchased the Countrywide)
The trial found that Countrywide didn't deceive and put important information behind when they selled subprime mortages to F and F(two institutions)So there is no fraud.F and F should be responsible for their purchases.
The trial will identify F and F's role in the crisis.
______________
time:6:51.00
The article is about M,a consulting firm.
The brief introduction of M.M's distinctive ideas:make business professional,not just a trade.
The histroy of M.It's reputation has blowed in history.Sometimes succeed,sometimes suffered(selling information...)
The environment for consulting firms these days.(tough,harder,the example of consulting firms' failure)
Analysis of M in this environment.Will it still run well?
Negtive part:
1 M is too big.Consultants may not keep secrets.M may suffer from the excess big organization.
2 M can not keep itself in the proper cutting edge.(always fouces on normal,but should focus of IT these days)
3 M has its reputation and has many alumini.But constomers nowadays don't want the traditional mode of consulting.The lower-cost consultant firms are challanging M's status.
Conclusion:M is in an envirnment that is not good enough for its running.But M has already experienced many obstacles.And the leaders now are trying to work through these difficulties.
Positive part:
1 Two important assets:talent and knowledge
2 M's experience and reputation

nancyren

Time2: 2'43
Time3: 2'17
Time4:2'44
Time5:2'17
Time6:3'37

Obstacle:8'09

啦啦噜啦啦

[2:16]America has different identifications of American dream in different periods. But it seems that the dream won't come true because of less opportunity, decreasing houseownership and unhappy retirement.
housing bust: 房地产泡沫破裂
downbeat：悲观的
[1:53] Compared to adults, young people are more optimistic. it may because they learn from the Great Recession and have their own understanding of things that cannot be understood by their parents. Or they just cannot imagine their life without high-tech.
[2:27]A research complaints that after the recession, the government didn't a few things. Then, give reasons to explain why that happened.
a sound footing: 一个良好的基础
[1:52]Treasury argues America has a stronger, safer banking system. However, the author says the fact is not and explain why.
silver lining:一线希望
well-oiled：运行良好的
[2:10]a case about the Bank of America and the probable result
[5:05]The challenge M faces and the oppotunities he has.
一看到经管的就傻眼。越障快速地扫了扫，没有仔细看

铁板吗啡

2    3'04
3    1'46
4-5  4'18
6     1'52

obstacle
7'51