André Meyer
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André Meyer
André Benoît Mathieu Meyer (September 3, 1898 – September 9, 1979) was a French-American investment banker. Biography Meyer was born to a low-income Jewish family in Paris. As a boy, he began following the workings of the stock market and out of necessity left school at age sixteen to work as a messenger at the Paris Bourse. Ambitious, he used his time to study the intricacies of stock trading and because of personnel shortages created by so many young French men serving in the military in World War I, he was able to get a job with Baur & Fils, a small Paris bank. By 1925, his performance with the bank got him noticed by Raymond Philippe, who arranged for him to get an offer from the prestigious investment bankers Lazard Frères. Within a few years Meyer was made a partner, succeeding to Raymond Philippe. At Lazard, André Meyer organized SOVAC (''Societé pour la Vente à Crédit d'Automobiles''), a finance company that in the late twenties introduced the concept of automo ...
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Paris
Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, fashion, gastronomy, and science. For its leading role in the arts and sciences, as well as its very early system of street lighting, in the 19th century it became known as "the City of Light". Like London, prior to the Second World War, it was also sometimes called the capital of the world. The City of Paris is the centre of the Île-de-France region, or Paris Region, with an estimated population of 12,262,544 in 2019, or about 19% of the population of France, making the region France's primate city. The Paris Region had a GDP of €739 billion ($743 billion) in 2019, which is the highest in Europe. According to the Economist Intelli ...
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New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ...
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Claude Monet
Oscar-Claude Monet (, , ; 14 November 1840 – 5 December 1926) was a French painter and founder of impressionist painting who is seen as a key precursor to modernism, especially in his attempts to paint nature as he perceived it. During his long career, he was the most consistent and prolific practitioner of impressionism's philosophy of expressing one's perceptions before nature, especially as applied to ''plein air'' (outdoor) landscape painting. The term "Impressionism" is derived from the title of his painting '' Impression, soleil levant'', exhibited in the 1874 ("exhibition of rejects") initiated by Monet and his associates as an alternative to the Salon. Monet was raised in Le Havre, Normandy, and became interested in the outdoors and drawing from an early age. Although his mother, Louise-Justine Aubrée Monet, supported his ambitions to be a painter, his father, Claude-Adolphe, disapproved and wanted him to pursue a career in business. He was very close to his mot ...
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Oval Office
The Oval Office is the formal working space of the President of the United States. Part of the Executive Office of the President of the United States, it is located in the West Wing of the White House, in Washington, D.C. The oval-shaped room features three large south-facing windows behind the president's desk and a fireplace at the north end. It has two built-in bookcases, and four doors: the east door opens to the Rose Garden; the west door leads to a private study and dining room; the northwest door opens onto the main corridor of the West Wing; and the northeast door opens to the office of the president's secretary. Presidents generally decorate the office to suit their personal taste, choosing furniture, drapery, and often commissioning their own oval-shaped carpet. Artwork is selected from the White House's own collection, or borrowed from museums for the length of the president's term in office. Cultural history The Oval Office has become associated in Americans' min ...
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Lyndon Johnson
Lyndon Baines Johnson (; August 27, 1908January 22, 1973), often referred to by his initials LBJ, was an American politician who served as the 36th president of the United States from 1963 to 1969. He had previously served as the 37th vice president from 1961 to 1963 under President John F. Kennedy, and was sworn in shortly after Kennedy's assassination. A Democrat from Texas, Johnson also served as a U.S. representative, U.S. senator and the Senate's majority leader. He holds the distinction of being one of the few presidents who served in all elected offices at the federal level. Born in a farmhouse in Stonewall, Texas, to a local political family, Johnson worked as a high school teacher and a congressional aide before winning election to the U.S. House of Representatives in 1937. He won election to the United States Senate in 1948 after a narrow and controversial victory in the Democratic Party's primary. He was appointed to the position of Senate Majority Whip in 19 ...
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The Washington Post
''The Washington Post'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large national audience. Daily broadsheet editions are printed for D.C., Maryland, and Virginia. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. Financier Eugene Meyer purchased it out of bankruptcy in 1933 and revived its health and reputation, work continued by his successors Katharine and Phil Graham (Meyer's daughter and son-in-law), who bought out several rival publications. The ''Post'' 1971 printing of the Pentagon Papers helped spur opposition to the Vietnam War. Subsequently, in the best-known episode in the newspaper's history, reporters Bob Woodward and Carl Bernstein led the American press's investigation into what became known as the Watergate scandal ...
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Katharine Graham
Katharine Meyer Graham (June 16, 1917 – July 17, 2001) was an American newspaper publisher. She led her family's newspaper, ''The Washington Post'', from 1963 to 1991. Graham presided over the paper as it reported on the Watergate scandal, which eventually led to the resignation of President Richard Nixon. She was the first 20th century female publisher of a major American newspaper. Graham's memoir, ''Personal History'', won the Pulitzer Prize in 1998. Early life Katharine Meyer was born in 1917 into a wealthy family in New York City, to Agnes Elizabeth (née Ernst) and Eugene Meyer. Her father was a financier and, later, Chairman of the Federal Reserve. Her grandfather was Marc Eugene Meyer, and her great-grandfather was rabbi Joseph Newmark. Her father bought ''The Washington Post'' in 1933 at a bankruptcy auction. Her mother was a bohemian intellectual, art lover, and political activist in the Republican Party, who shared friendships with people as diverse as Auguste R ...
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William S
William is a male given name of Germanic origin.Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxford University Press, 2nd edition, , p. 276. It became very popular in the English language after the Norman conquest of England in 1066,All Things William"Meaning & Origin of the Name"/ref> and remained so throughout the Middle Ages and into the modern era. It is sometimes abbreviated "Wm." Shortened familiar versions in English include Will, Wills, Willy, Willie, Bill, and Billy. A common Irish form is Liam. Scottish diminutives include Wull, Willie or Wullie (as in Oor Wullie or the play ''Douglas''). Female forms are Willa, Willemina, Wilma and Wilhelmina. Etymology William is related to the given name ''Wilhelm'' (cf. Proto-Germanic ᚹᛁᛚᛃᚨᚺᛖᛚᛗᚨᛉ, ''*Wiljahelmaz'' > German ''Wilhelm'' and Old Norse ᚢᛁᛚᛋᛅᚼᛅᛚᛘᛅᛋ, ''Vilhjálmr''). By regular sound changes, the native, inherited English form of the name shoul ...
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Jackie Onassis
Jackie or Jacky may refer to: People and fictional characters * Jackie (given name), a list of people and fictional characters named Jackie or Jacky ** Jackie, current ring name of female professional wrestler Jacqueline Moore ** Jackie Lee (Irish singer) (born 1936), also known as "Jacky" * Jarrhan Jacky (born 1989), Australian rules football player Arts and entertainment Films * ''Jackie'' (1921 film), directed by John Ford * ''Jacky'' (film), a 2000 Dutch film * ''Jackie'' (2010 film), an Indian multilingual film directed by Kannada director Soori * ''Jackie'' (2012 film), a Dutch film * ''Jackie'' (2016 film), a biographical drama about Jackie Kennedy Music Albums * ''Jackie'' (Jackie DeShannon album) (1972) * ''Jackie'' (Ciara album) (2015) Songs * "Jacky" (Jacques Brel song) (1965) * "Jackie" (Elisa Fiorillo song) (1987) * "Jackie", a song from the 1987 album ''The Lion and the Cobra'' by Sinéad O'Connor * “Jackie”, a song from the 1993 rap album ''KKKill ...
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Kennedy Family
The Kennedy family is an American political family that has long been prominent in American politics, public service, entertainment, and business. In 1884, 35 years after the family's arrival from Ireland, Patrick Joseph "P. J." Kennedy became the first Kennedy elected to public office, serving in the Massachusetts state legislature until 1895. At least one Kennedy family member served in federal elective office from 1947, when P. J. Kennedy's grandson John F. Kennedy became a member of Congress from Massachusetts, until 2011, when Patrick J. Kennedy II (John's nephew) retired as a member of the U.S. House of Representatives from Rhode Island. Kennedy involvement in federal service continued when Joseph P. Kennedy III, grandson of Robert F. Kennedy, represented Massachusetts's 4th congressional district from 2013 to 2021; and Caroline Kennedy, daughter of the 35th president, served as U.S. ambassdor to Japan from 2013 to 2017 and U.S. ambassador to Australia, beginning in 2 ...
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ITT Corporation
ITT Inc., formerly ITT Corporation, is an American worldwide manufacturing company based in Stamford, Connecticut. The company produces specialty components for the aerospace, transportation, energy and industrial markets. ITT's three businesses include Industrial Process, Motion Technologies, and Connect and Control Technologies. ITT has approximately 10,000 employees in more than 35 countries and serves customers in well over 100 countries. The company's long-standing brands include Goulds Pumps, Cannon connectors, KONI shock absorbers and Enidine energy absorption components. The company was founded in 1920 as International Telephone & Telegraph. During the 1960s and 1970s, under the leadership of CEO Harold Geneen, the company rose to prominence as the archetypal conglomerate, deriving its growth from hundreds of acquisitions in diversified industries. ITT divested its telecommunications assets in 1986. In 1995, the company sold off its hospitality portfolio, including ...
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Leveraged Buyouts
A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money ( leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loans, along with the assets of the acquiring company. The use of debt, which normally has a lower cost of capital than equity, serves to reduce the overall cost of financing the acquisition. The cost of debt is lower because interest payments often reduce corporate income tax liability, whereas dividend payments normally do not. This reduced cost of financing allows greater gains to accrue to the equity, and, as a result, the debt serves as a lever to increase the returns to the equity. The term LBO is usually employed when a financial sponsor acquires a company. However, many corporate transactions are partially funded by bank debt, thus effectively also representing an LBO. LBOs can have many different forms such as management buyout (MBO ...
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