Articles
Numerous extremist frauds emerged in the 1990s, but the massive pyramid investment scheme concocted by a Tampa, Florida-based organization called Greater Ministries International (GMI) was the largest, and most damaging. For years, GMI raked in millions while defiantly thumbing its nose at regulators who tried to shut it down. Its ... Read More
No Comments
William Hunt "Bill" Gross (born April 13, 1944) is an American financial manager and investment author who co-founded Pacific Investment Management (PIMCO). Gross also runs PIMCO's $252.2 billion Total Return Fund.
Gross was born in Middletown, Ohio, the son of Shirley, a homemaker, and Sewell M. Gross, a sales manager for ... Read More
No Comments
Securities and Exchange Commission v. Michael Strauss, Stephen Hozie and Robert Bernstein, Civil Action No. 09-cv-4150 (S.D.N.Y. April 28, 2009)
On March 8, 2011 the Court entered an order (the “Order”) sought by the Commission authorizing the establishment of a Fair Fund comprised of approximately $1.6 million dollars in disgorgement, post ... Read More
No Comments
The transatlantic telegraph cable was the first cable used for telegraph communications laid across the floor of the Atlantic Ocean. It crossed from the Telegraph Field, Foilhommerum Bay, Valentia Island, in western Ireland to Heart's Content in eastern Newfoundland. The transatlantic cable connected North America and Europe, and expedited communication ... Read More
No Comments
Born in the Bay Ridge section of Brooklyn, New York, Steve Sasson grew up with a keen interest in electronics. As a child, he designed and built radio receivers, stereo amplifiers and transmitters in his basement with salvaged electronic components from discarded televisions and radios. He attended the Brooklyn Technical ... Read More
No Comments
This is another conservative maneuver and is best used when you are willing to buy a stock at a lower price than the current price.
First you have to decide on the stock. Personally, I like Campbell Soup (CPB). It currently pays $1.16 a year for a yield of 3.74%. However, ... Read More
No Comments
Want to buy a stock at a lower price than it currently sells? Well, you can do it by selling a put.
• I like Campbell Soup (CPB). The stock price today is $31.14.
• I ... Read More
No Comments
By Michael O'Derrick
As I sit listening to yet another news program depicting the fate of our economy, I realize that we have entered a new era of no compromise of significance from either party regardless of the consequences.
Is it true that we are in transition from governing from within to ... Read More
No Comments
The Battle of Blair Mountain, -- is the largest insurrection in U.S. history since the Civil War.
For about a week, nearing the end of August and early September 1921, in Logan County, West Virginia, between 10,000 and 15,000 coal miners challenged company-paid private detectives in an effort to unionize the ... Read More
No Comments
Jefferson Randolph “Soapy” Smith II (1860–1898) was an American con artist and gangster who had a major hand in the organized criminal operations in Denver, Colorado; Creede, Colorado; and Skagway, Alaska, from 1879 to 1898. He was killed in a famous Shootout on Juneau Wharf. He is perhaps the most ... Read More
No Comments
American merchant Marshall Field (1834-1906) established one of America's first innovative wholesale and retail dry-goods businesses. When Field entered the retail milieu, the consumer landscape was one that centered on the principle of caveat emptor, or "buyer beware." Field transformed it into a plush shopping experience fit for the gilded ... Read More
No Comments
Ellen J. Kullman is President and Chairman of the Board of E. I. du Pont de Nemours and Company (“DuPont”) and a former director of General Motors. Forbes ranked her 7th in its 100 Most Powerful Women list in 2009. She is the 19th executive, and first woman, to lead ... Read More
No Comments
1998: $1.58/Share 2011: $180/Share
Considered a pioneer in online retailing, Amazon.com, Inc. expanded during the late 1990s to offer the "Earth's Biggest Selection" of books, CDs, videos, DVDs, electronics, toys, tools, home furnishings and housewares, apparel, and kitchen gadgets. Through third-party agreements, Amazon.com also sells products from well-known retailers including Toysrus.com ... Read More
No Comments
SEC Charges New York Businessman and Two Houston-area Firms with Conducting a Fraudulent $10 Million Note Offering
On August 10, 2011, the Securities and Exchange Commission ("Commission") filed suit in the United States District Court for the Southern District of Texas against Damian Omar Valdez of New York and two Houston-area ... Read More
No Comments
The TVA from the New Deal to a New Century
For President Franklin Roosevelt, the New Deal needed innovative solutions if it was to lift the nation out of the depths of the Great Depression. And the TVA was one of his most innovative ideas. Roosevelt asked Congress to create “a ... Read More
No Comments
From Professional Football Player to Scam Artist
Between 1978 and 1983 Ron Rewald ran an investment firm in Hawaii. The firm declared bankruptcy in 1983 and was revealed to have been a Ponzi scheme which defrauded over 400 investors of more than $22 million. Rewald claimed that he had been operating ... Read More
No Comments
James Clair Flood (1826 – 1888) was born on Staten Island, N.Y. to Irish immigrant parents. He had an eighth grade education, and was then apprenticed to a New York carriage maker.
In 1849 he sailed for San Francisco and the Gold Rush. After some success in the mines, he returned ... Read More
No Comments
They are known as athletic shoes, trainers, sandshoes, gym boots, joggers, running shoes, runners, gutties, sneakers, tennis shoes, gym shoes, tennies, sports shoes, sneaks, tackies, rubber shoes, and canvers. They have evolved from a sports only shoe to a ubiquitous fashion mainstay.
The idea for a sneaker-style shoe did not happen ... Read More
No Comments
Stephen Alan "Steve" Wynn (born January 27, 1942) is an American casino resort/real-estate developer who played a pivotal role in the 1990s resurgence and expansion of the Las Vegas Strip. His companies refurbished or built several widely recognized resorts in Las Vegas, including the Golden Nugget, The Mirage, Treasure Island, ... Read More
No Comments
For more than 15 years, the Hubble Space Telescope (HST) has been providing scientists and the public with spectacular images of deep space. One of the most technologically advanced pieces of equipment that humans have put into orbit, Hubble, named after the astronomer Edwin Hubble, has helped researchers make important ... Read More
No Comments
Top Stories – Google News- Afghans protest for a 2nd day after Quran burning - CNN
- Lots at stake in first GOP debate in nearly a month - CNN
- At inquest, Ala. university shooting suspect's parents say son's 1986 death an ... - Washington Post
- Kevin Rudd Resigns as Australia's Foreign Minister - New York Times
- Syria: US says it will 'consider other measures' to end bloodshed - Telegraph.co.uk
