Word: scandalousness
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...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 of toxic assets...
...Army Field Manual. The 384-page book lays out 19 interrogation techniques permitted by law and prohibits nine categories of others, including waterboarding, used by the Central Intelligence Agency during the Bush Administration, as well as forcing prisoners to be naked, as happened in the Abu Ghraib prisoner scandal. The Army Field Manual itself is specific; it includes precise instructions on the steps U.S. interrogators are to follow when trying to get information out of detainees, right down to how to establish rapport and when to take advantage of the emotional attachments of a prisoner...
...ridicule that the state of Illinois has suffered since the corruption scandal of its governor was first revealed, for all the jokes made at the expense of the Land of Lincoln's long, sordid history of graft, there is one thing that is often overlooked: Rod Blagojevich is the first governor of the state to be impeached...
Ever since Jan. 7, when news broke of a $1 billion corporate-accounting fraud at Satyam Computer Services, the scandal has been called India's Enron. There are many similarities: inflated assets, a disgraced but politically powerful chairman, an auditor under a cloud, even an attempted suicide. (Satyam's chief financial officer, Srinivas Vadlamani, was unsuccessful. Enron executive J. Clifford Baxter died.) There is one big difference. Enron imploded, and its employees were kicked to the curb. But Satyam's workers, who number about 50,000, may be spared sweeping layoffs...
...first time Blair House has been at the center of an amusingly juicy non-scandal. In 1981, President Carter nearly sued The Washington Post for claiming he'd had the place bugged. The paper's executive editor, Benjamin C. Bradlee, scoffed at Carter's demand for a public apology, saying, "How do you make a public apology - run up and down Pennsylvania Avenue shouting, 'I'm sorry?'" After the Post story came out, a former executive editor of the New York Times revealed that he had once caught Soviet security guards meticulously checking then-Premier Leonid Brezhnev's room...