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The $50 billion Ponzi scheme allegedly masterminded by former Nasdaq chairman Bernard Madoff punctuated a miserable year for Wall Street in the worst possible way: by underlining, yet again, that savvy market-makers can harness arcane financial instruments as weapons of mass destruction. Left in Madoff's wake are bankrupt...
A previous version of this story carried a headline, "Sundquist Leaves With Mixed Legacy," that did not reflect the article's true intent—determining what two of the leading candidates thought about Sundquist's tenure, rather than systematically examining his time in office.
[This article contains a complex diagram. Please see hardcopy of magazine or PDF.]
Rhee asks, "what is ... so exceptional about teachers that they should have [tenure]?" How about the fact that they are there when your daughter says she wants to kill herself, when your son is being teased, when your small child forgets lunch and needs a loan. All over the country...
But the governor's feuds went beyond family. He fought with almost everyone, like the mayor of Chicago (who has called him "cuckoo"), the state's attorney general, the speaker of the Illinois house - all fellow Democrats. For months, Republicans have been talking about impeaching Blagojevich. He has earned the...