People who avoid confronting bad news suffer in the long term, said Dr. George Loewenstein, a professor of economics and psychology at Carnegie Mellon.
The stock of Morgan Stanley (nyse: MS - news - people ), Bear Stearns (nyse: BSC - news - people ) and Lehman Brothers (nyse: LEH - news - people ) suffered worse than the rest of the market, on fears that the firms' ill-fated dealings with the subprime crowd will spawn bloody writeoffs.
People in this country rarely interact with members of the press anymore because local news has suffered so.
Reuters news agency suffered just such a calamity overnight on Thursday when it ran an obituary of financier George Soros.
Many news organizations suffered intermittent breakdowns in Internet service, and on Tuesday evening the main press pavilion was offline for about 90 minutes.
Waters joins a small cadre of female politicians who've made news — and suffered criticism — for feeding their babies while performing their legislative duties.
In a statement, Reporters Without Borders denounced the massacre: "Never in the history of journalism have the news media suffered such a heavy loss of life in one day".
By the time that first shrink-wrapped and bar-coded CD finds its way into shops, the band will probably be old news, having suffered through many online cycles of hype and backlash.
Bear Stearns (nyse: BSC - news - people ) suffered the ignominy of seeing two of its affiliated hedge funds go bust on account of subprime exposure.
Confronted with the news, Copley suffered no bout of conscience.
