Word: buttonwood
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...named William Duer capitalized on his government connections to make bets on the country's debt. His investments eventually soured, however, and Duer's bankruptcy brought down much of New York's economy in 1792; he died a few years later in debtors' prison. (The charter members of the Buttonwood Group, the predecessor of the New York Stock Exchange, first assembled to formulate a response to that market crash.) Nineteenth century railroad magnate Jay Gould didn't try to hide his flagrant insider trading; profits from buying and selling stock in his own companies helped make...
...right. That morning, the Dow was down an additional 190 points, but that proved to be a bottom. By 11 a.m., Peter Mancuso, floor manager and senior partner at Buttonwood Specialists, was on a roll. "All I hear is buy, buy, buy. It is unbelievable," he exclaimed. The excitement on the floor was uncontrollable. One floor trader shouted at a reporter, "Get out of my way. You're costing me money...
Unusual flavorings are gaining popularity. When water smoking, creative barbecuers add wine or herb seasonings to the water for some extra zing. For more twists connoisseurs mix specialty hardwood chips with the charcoal: buttonwood from the Florida Keys, for example, gives meat and fish a woody flavor less sweet than mesquite. "It's like picking out a wine," says Scott Fine, editor of On the Grill magazine. Nor is barbecuing limited to meat, fish and chicken anymore. Bobby Flay, restaurant owner and host of Lifetime's The Main Ingredient, likes to put corn bread on the grill, as well...
Since 1792, when 24 brokers met beneath a buttonwood tree at what is now 68 Wall Street to form the New York Stock Exchange, the Big Board has always closed on presidential election days. But 1984 is different. In an age of round-the-clock global securities markets, the stock exchange decided to stay open during this year's vote. Said Exchange Chairman John Phelan: "This is part of the exchange's ongoing efforts to provide increased opportunities for investors around the world to participate in the marketplace...
...fond memories, because remember how many times Dad used to drag me to Brown to see football games on Saturday afternoons. You know what, I don't think Brown ever won. And you know what else. I would have much preferred to stay home and play touch football in Buttonwood Park than see Brown-Lafayette games in Providence...