Articles
The Securities and Exchange Commission has voluntarily dismissed its claims for disgorgement, prejudgment interest, and civil penalties against former Jefferson County, Alabama Commission president Larry Langford. The Commission dismissed its claims against Langford due to the 15-year prison sentence and significant restitution and forfeiture orders entered against Langford in a ... Read More
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The Montana Millionaire
William Andrews Clark, Sr. (1839-1925) was an American politician and entrepreneur, who made his fortune in mining, banking, and railroads.
Clark was born in Connellsville, Pennsylvania. He moved with his family to Iowa in 1856 where he taught school and studied law at Iowa Wesleyan College. After working in ... Read More
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By Warren Kaplan
The Stock Option Writer
© Warren Kaplan 2011
September 27, 2011
Here is a stock that has taken a beating from its 52-week high of $48.14, currently at $33.88. The company pays a dividend of $0.25 quarterly, $1.00 annually. The yield is 2.95%. That is better than money in a ... Read More
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1986: $0.19/Share 2011: $33.55/Share
Adobe Systems, Inc. was founded by Charles Geschke and John Warnock in December of 1982. Adobe’s corporate logo was designed by Warnock’s wife, Marva, who is a graphic designer.
The two creators established Adobe after leaving Xerox, in order to develop and sell their PostScript page description language. Apple ... Read More
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Victor Lustig 1890–1947 was a con artist who undertook scams in various countries. Born in Hostinne, Austria-Hungary, Lustig began his criminal career by working scams on the ocean liners steaming between Paris and New York City.
One of Lustig’s trademark cons involved a “money-printing machine.” He would demonstrate the capability of ... Read More
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Born Wilmot Reed Hastings, Jr. in 1961, Reed Hastings earned master's degrees in computer science and in education from Stanford University.
His career has been as varied as the movies offered by Netflix. He served in the Peace Corps in Swaziland from 1983 to 1986; worked as a software developer from ... Read More
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On July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act or Act) was enacted. Dodd-Frank consists of 16 titles and is over 2,000 pages long. Within these pages are the new whistleblower provisions that increase awards and pro¬tections to persons assisting the Securities and Exchange ... Read More
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By Michael O’Derrick
The President needed money, his financial crisis forcing the Executive branch to reluctantly convene Congress in order to levy a new tax to solve his monetary woes. It had been years since this deliberative body had produced a balanced budget. Included at this meeting were representatives of the ... Read More
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Nyxio Technologies Corp. (OTCBB: NYXO) was established in 2007 to deliver high-quality, cutting-edge products to the consumer electronics industry. In only a few years, Nyxio has demonstrated a keen ability to innovate and keep ahead of the technology curve. The company’s flagship product — the VioSphere Smart TV — is ... Read More
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On March 10, 1952, General Fulgencio Batista overthrew the president of Cuba, Carlos Prìo Socarrás, and canceled all elections. This angered the then young lawyer Fidel Castro, and for the next seven years he attempted to overthrow Batista’s government. On July 26, 1953, Castro led an attack against the military ... Read More
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September 15, 2011
Securities and Exchange Commission v. James O’Reilly, James P. McAluney, and Martin CutlerSEC FILES INJUNCTIVE
The Securities and Exchange Commission announced the filing of a complaint in federal district court against James O’Reilly (O’Reilly), James P. McAluney (McAluney), and Martin Cutler (Cutler) (collectively, “Defendants”). The complaint alleges that O’Reilly, ... Read More
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The veteran business journalist talks with the Opportunist’s Managing Editor Leslie Stone about his remarkable career, what he thinks about America’s economic outlook and his little-known connection to Mick Jagger.
A typical day in the life of Stuart Varney, host of Fox Business Network’s “Varney & Co.,” begins in the wee ... Read More
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2004:$105/Share 2011: $618/Share
Google began in March 1996 as a research project conducted by Stanford students Larry Page and Sergey Brin, Ph.D., who were working on the Stanford Digital Library Project (SDLP). The SDLP's goal was “to develop the enabling technologies for a single, integrated and universal digital library," and was ... Read More
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By Warren Kaplan
The Stock Option Writer
© Warren Kaplan 2011
September 20, 2011
The lowest price GE has traded in the last 52 weeks is $14.82. This strategy is to be as reasonably safe as possible, but obtain an outstanding gain. What we want to do is to write a put on GE ... Read More
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The Great Impostor-
Ferdinand Waldo Demara, Jr. (1921 – 1982) was known as "the Great Impostor." He was the subject of a 1961 movie, The Great Impostor, in which he was played by Tony Curtis. The NBC drama The Pretender (1996–2000) was inspired by the life of Ferdinand Demara. Demara's "careers" ... Read More
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In 1902, only one year after Willis Haviland Carrier graduated from Cornell University with a Masters in Engineering, the first air conditioning unit was in operation, making one Brooklyn printing plant owner very happy. Fluctuations in heat and humidity in his plant had caused the dimensions of the printing paper ... Read More
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The deployment portion of the GPS history began in 1973 with the decision to develop a satellite navigation system based on existing technology of the U.S. Air Force and the U.S. Navy. The system went through extensive testing during the next three years, and in 1977 the first transmitters were ... Read More
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Henry Clay Frick was born in 1849 in West Overton, Pennsylvania. Frick was the second of six children. As a boy, Frick spent most of his time with his maternal grandfather, who owned two whiskey businesses in which Frick eventually worked as an office boy.
He attended Westmoreland College at the ... Read More
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September 14, 2011
FINAL JUDGMENT OF DISGORGMENT, PREJUDGMENT INTEREST AND CIVIL PENALTY ENTERED AGAINST DEFENDANT DONALD R. MCKELVEY
The Commission announced that on July 26, 2011, the United States District Court for the Middle District of Florida entered a final judgment of disgorgement, prejudgment interest and civil penalty against Defendant Donald R. ... Read More
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By the late 1930s, several radio manufacturers offered remote controls that were connected by wires to the sets. But the Philco Mystery Control (1939) was a battery-operated low-frequency radio transmitter, thus making it the first wireless remote control for a consumer electronics device.
The first remote intended to control a television ... Read More
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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
