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...completely within Central Park (only 55 crossed the finish line). Today, the New York marathon traces a path across four bridges and through all five of the city's boroughs; last year, Brazilian runner Marilson Gomes dos Santos won the men's event in 2 hr. 8 min. 43 sec. and Paula Radcliffe of England placed first among women in 2 hr. 23 min. 56 sec. It's not just New York's race that's grown over the years: 425,000 people finished marathons in the U.S. last year, according to Running USA, up from just...
...years before the marathon would make its return, at the revival of the modern Olympic Games in Greece in 1896. In that event, 17 runners ran 40 km, or 24.8 miles, with Greek runner Spyridon Louis taking the gold medal with a time of 2 hr. 58 min. 50 sec. Inspired by the event's success, Boston inaugurated its race the next year; it is now the oldest annual marathon in the world. In 1908, the marathon course at the London Olympics ran from Windsor Castle to the royal box at the Olympic stadium in White City (some sources...
...reason to believe," says Kevin Downing, a senior Justice Department tax trial lawyer, "that we would have had any other means to have disclosed what was going on but for an insider in that scheme providing detailed information, which Mr. Birkenfeld did." (Read "Calling All Whistle-Blowers! The SEC Wants...
Lewis' problems came to a head this summer. Bank of America had struck a deal with the SEC to pay $33 million to end an investigation into whether some unnamed Bank of America executives had mislead shareholders when it purchased Merrill. The SEC alleges that in early December, on the eve of a vote to approve the Merrill deal, Bank of America executives told shareholders that no bonuses would be paid to Merrill executives prior to the acquisition. In fact, Bank of America had agreed more than a month earlier to approve the payment of more than $5 billion...
...September, Judge Jed Rakoff said he would not accept a settlement that did not name specific executives. New York attorney general Cuomo is reportedly considering pursing his own charges against Lewis and other Bank of America executives on issues surrounding the Merrill acquisition. Pursuant to Rakoff's ruling, the SEC has gone ahead with its case against the bank in general but has yet to name individual executives in the suit. Cuomo recently subpoenaed a number of current and former Bank of America board members. He has not indicated whether he intends to bring charges...