Word: scandal
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Dates: during 2000-2009
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...There's lots of questionable points about Wood's wife's deposition, especially because the air bag on Woods car didn't inflate but his face was covered with bruises. Recently Woods has been involved in a sex scandal with "New York party queen" Rachel Uchitel. It's rumored that Woods and his wife got into a fight over the matter that day. His wife scratched his face. He drove off in a hurry and his wife pursued him, hitting the car with a golf club. Woods turned around to look, lost concentration and the accident happened...
Romesh Ratnesar: I think there are a few differences. First, Jordan's gambling problems never quite percolated into the mainstream the way this scandal has. Second, the tabloid media and gossip machine are much more powerful today than they were then. Third, extramarital affairs are uniquely damaging - in particular, I think this will hurt his popularity with women. Fourth, he's a Stanford-educated golfer who supposedly did everything right. His image was premised on class, elegance, aspiration. He took flak just for being seen swearing on the course. I think this is going to be damaging, at least initially...
Although Joseph was involved in a widely-publicized Wall Street scandal in the late 1980s, he is remembered by many of his classmates at Harvard Business School—where he graduated in 1963—for his leadership in business and nonprofit work...
Joseph served as CEO of Drexel Burnham Lambert Inc. from 1985 until the firm’s collapse in 1990. Before scandal struck, Drexel profited in the 1980s from selling junk bonds, but then Michael R. Milken, a trader under Joseph’s supervision, was imprisoned for 22 months and fined $600 million for violating U.S. securities law, according to Bloomberg News. While Joseph faced no criminal charges, he was banned for a time from assuming another position as a Wall Street CEO, according to Portfolio.com’s “Worst American CEOs of All Time?...
Joseph rebounded from the scandal, becoming managing director of Morgan Joseph & Co., a firm which he helped to found...