The document summarizes several notable events from the past year across different categories:
1) The most memorable event was Barack Obama becoming the first African American president, a historic milestone.
2) The most outrageous event was Bernie Madoff's massive Ponzi scheme, which scammed Americans out of money and exacerbated the economic crisis.
3) The most tragic event was a deadly earthquake in Italy that killed over 150 people and left thousands homeless and historic buildings in ruins.