Word: mackays
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...sense that Enron represents the failure of a system, not just of a Texas oil-and-gas-and-cybertrading company, that gives the case its weight. In capitalism's 700-year history, financial scandals are two a penny. As detailed in Charles Mackay's Extraordinary Popular Delusions and the Madness of Crowds, some of them had far more devastating impacts than Enron's collapse ever will. John Law's Mississippi Co., for example, bankrupted 18th century France, until Law was chased out of Paris and songs were sung in the streets advocating "the application of all his notes...
...second marriage, to socialite-journalist Ellin Mackay (she wrote for a new magazine called The New Yorker), earned more headlines: the Lower East Side Jew marrying the Upper East Side Catholic, with her father bitterly opposed to the union. It was the first big showbiz-society merger. F. Scott Fitzgerald, in a retrospective piece on the early 20s, noted that at that time "society and the native arts had not yet mingled - Ellin Mackay was not yet married to Irving Berlin." The two wed in 1926 and honeymooned abroad. The Social Register refused to mention the couple's return...
...Always," 1925. In 1924 Berlin fell in love with socialite-journalist Ellin Mackay; as a wedding gift he assigned her the rights to this perennial. It transcends its waltz-schmaltz mood with a bridge that almost jumps off itself in ascending keys but manages to sound inevitable. The tune spawned two #1's (for Vincent Lopez and George Olsen) in its first incarnation. There were four more hit versions in 1944-45. In 1959 smooth Sammy Turner took the song to #2 on the R&B chart (#19 pop). Finally it became Patsy Cline's post-mortem anthem; the Virginia...
...accused. One of the last recommendations adopted by the Ad Board was a requirement that both parties write independent initial statements before the case is deliberated. “I think it’s a cleaner situation and less likely to cause misunderstanding,” Virginia L. Mackay-Smith ’78, then assistant to the dean of the College, said at the time. “The Task Force convinced us that the student bringing the charge needs to play a larger role.” In the summer of 1992, a federal law went into...
...DIED. JOHN MACKAY,62, tough-talking senior Conservative in Britain's House of Lords and former cabinet minister whose dry wit made him popular even with his opponents, of a heart attack; in London. First elected an M.P. in 1979, Mackay served as Social Security Minister under John Major from 1994-97, and become Lord Mackay when he was elevated to the House of Lords in 1991 where until recently he was deputy Conservative leader...