Word: jameses
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Thus began a pattern of alternating conservatism and risk-taking, success and near failure, that has marked the banking enterprise now known as Citigroup--and the American financial system--ever since. James Stillman, who became City's president in 1891, combined prudence with great ambition. City Bank cruised through the...
Early presidents were often landholders and George Washington set a precedent by retiring to his Mount Vernon plantation after leaving office in 1797. John Adams went back to his Massachusetts farm, Thomas Jefferson settled at Monticello, James Madison kicked back at Montpelier, Andrew Jackson went down to his plantation near...
James Buchanan basically started this trend, with 1866's instantly forgettable Mr. Buchanan's Administration on the Eve of the Rebellion, a partial attempt to shift blame for the causes of the Civil War away from his administration. Later the 18th president, penniless and deathly ill in his final years...
Some Presidents were content to retire from public life by the end of their terms. Millard Fillmore spent the rest of his days in quiet anonymity (as he had spent his time in the White House, detractors say). Calvin Coolidge did little better. Eisenhower golfed (hole-in-one at the...
Issuing pink slips en masse is a political nonstarter in India, and it's even less likely to happen in an election year. With India's flagship information-technology sector under global scrutiny, the government looks keen to salvage Hyderabad-based Satyam, the country's fourth-largest outsourcing company. "I...