Word: madison
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...James Madison said in a speech before the Constitutional Convention "All men having power ought to be distrusted to a certain degree." While almost every person involved in the frenzied financial expansion knew that, it was conveniently forgotten when almost everyone was making money. What the financial community learned from the Madoff scandal is that some people were not making money at all during the great capital bonanza of the last half decade. Prosperity was in tremendous supply because people wanted it to be. Madoff was "making" billions of dollars while actually losing billions. His fund was a pool...
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 Nashville and Martin Van Buren took it easy at his farm, Lindenwald. John Tyler settled into a relaxed life at his Virginia plantation, Sherwood Forest. Then he joined the Confederate Congress, essentially becoming a traitor to the nation he once led. (See pictures of how Presidents age in office...
...While It's Hot. New York Restaurant Week continues. Catch a $24.07 lunch at Danny Meyer's Eleven Madison Park (11 Madison Avenue; 212-889-0905) or a $35 dinner at the 170-year-old financial district institution Delmonico's Steak House (56 Beaver Street; 212-509-1144) while you can. It's back to business as usual...
...20th Annual Badger Hockey Showdown in Madison, Wis. turned out to be no vacation for the Harvard men’s hockey team, as the Crimson (4-8-2, 4-3-2 ECAC) dropped both the semifinal and consolation games Dec. 27-28 against two non-conference opponents.Lake Superior State (3-6-5) advanced to the championship game—won by Wisconsin Dec. 28—after blowing past Harvard in a 6-2 victory on Saturday afternoon. The Crimson fell to Alabama-Huntsville 4-1 on Sunday after defensive breakdowns in the third period against the Chargers...
...current activity be the warning signs of another such apocalypse? Or just a large but not world-ending earthquake, like the 7.5-magnitude temblor that happened on a summer night in 1959 and caused a mountain to slide down into a campground, killing 28 people and damming the Madison River...