President Obama told the American people last night that the country is in trouble but he vowed that the United States would recover and emerge stronger than before. In his first address to a joint session of Congress (don't call it a State of the Union), Obama gave a "sobering speech" but also "sought to spark optimism and confidence in his plan for recovery," notes USA Today.
The collapses of the Huntsman and BCE transactions provide some sobering lessons for deal lawyers and deal-makers. The most prominent of these relates to the limits of contract.
Go to Item from the Deal Professor»
Reporting a staggering fourth-quarter loss of $9.83 billion, Citigroup also issued a sobering forecast that the housing market and economy have not yet bottomed out.
SMAP's Kusanagi released after sobering experienceSATORU IIZUKA, THE ASAHI SHIMBUN
SMAP's Kusanagi released after sobering experience (SATORU IIZUKA/ THE ASAHI SHIMBUN)
Tsuyoshi Kusanagi, a member of the SMAP singing group, is driven away from Harajuku Police Station in Tokyo's Shibuya Ward on Friday after spending the night in police custody. Police sent the 34-year-old singer, dancer and actor to prosecutors the same day, but he was soon released. Kusanagi was arrested on suspicion of indecent exposure after being found naked and screaming in a park near Minato Ward's Roppongi district in the wee hours of Thursday morning. He told police that he and two friends had visited two drinking establishments between 8 p.m. Wednesday and 2 a.m. Thursday. During that time, he consumed more than 10 glasses of beer and shochu before engaging in the bizarre behavior. Later on Friday, Kusanagi apologized to his fans at a news conference in the ward. He said he had blacked out and "when I came to, I was at the police station and I was not sure if I was in a dream or reality." He is expected to take a break from public appearances.(IHT/Asahi: April 25,2009)
stagger (SHOCK) Hide phonetics
to cause someone to feel shocked or surprised because of something unexpected or very unusual happening:
He staggered all his colleagues by suddenly announcing that he was leaving the company at the end of the month.
adjective [after noun]
very shocked or surprised:
I was staggered at the prices.
very shocking and surprising:
It costs a staggering $50 000 per week to keep the museum open to the public.
serious and calm:
In fact the whole wedding was a sober affair - no dancing, just people standing around in groups chatting politely.
Anthony was in a very sober mood - I scarcely heard him laugh all night.
verb [I or T]
to become more calm and serious, or to make someone do this:
News of the tragedy has sobered us.
seriously and reasonably:
She was dressed very soberly in a plain grey suit.
making you feel serious or think about serious matters:
a sobering thought
Surviving a car accident is a sobering experience.
noun [U] FORMAL
We had the priest sitting at our table which instilled a little sobriety into the occasion.