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Arthur J. Samberg
Arthur Jay Samberg (February 6, 1941 – July 14, 2020) was an American businessman and philanthropist. He founded Pequot Capital Management and served as the chief executive officer, president and chairman of the company. Samberg's flagship Pequot fund, started in 1986, netted 17.8percent over the life of the fund. After the fund closed, he managed his family office through Hawkes Financial. He was also a significant contributor to several hospitals and universities, including New York-Presbyterian Hospital and his alma maters Columbia Business School and the Massachusetts Institute of Technology. Early life and education Arthur Jay Samberg was born on February 6, 1941, to Rena Samberg, a clerical assistant, and Philip Samberg, an electrician. He grew up in the Bronx, four blocks from the Yankee Stadium. When he was eight years old, his family, including his younger brother, moved to Tenafly, New Jersey. Arthur grew to and loved playing basketball. He tried out for his high ...
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The Bronx
The Bronx () is a borough of New York City, coextensive with Bronx County, in the state of New York. It is south of Westchester County; north and east of the New York City borough of Manhattan, across the Harlem River; and north of the New York City borough of Queens, across the East River. The Bronx has a land area of and a population of 1,472,654 in the 2020 census. If each borough were ranked as a city, the Bronx would rank as the ninth-most-populous in the U.S. Of the five boroughs, it has the fourth-largest area, fourth-highest population, and third-highest population density.New York State Department of Health''Population, Land Area, and Population Density by County, New York State – 2010'' retrieved on August 8, 2015. It is the only borough of New York City not primarily on an island. With a population that is 54.8% Hispanic as of 2020, it is the only majority-Hispanic county in the Northeastern United States and the fourth-most-populous nationwide. The Bronx ...
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Stock Market
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include ''securities'' listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. Investment is usually made with an investment strategy in mind. Size of the market The total market capitalization of all publicly traded securities worldwide rose from US$2.5 trillion in 1980 to US$93.7 trillion at the end of 2020. , there are 60 stock exchanges in the world. Of these, there are 16 exchanges with a market capitalization of $1 trillion or more, and they account for 87% of global market capitalization. Apart from the Australian Securities Exchange, these 16 exchanges are all in North America, Europe, or Asia. By country, the largest stock markets as of January 2022 are in th ...
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TAE Technologies
TAE Technologies, formerly Tri Alpha Energy, is an American company based in Foothill Ranch, California developing aneutronic fusion power. The company's design relies on an advanced beam-driven field-reversed configuration (FRC), which combines features from accelerator physics and other fusion concepts in a unique fashion, and is optimized for hydrogen-boron fuel, also known as proton-boron and p-B11. It regularly publishes theoretical and experimental results in academic journals with hundreds of publications and posters at scientific conferences and in a research library hosting these articles on its website. TAE has developed five generations of original fusion platforms with a sixth currently in development. It aims to manufacture a prototype commercial fusion reactor by 2030. Organization The company was founded in 1998, and is backed by private capital. TAE Technologies operated as a stealth company for many years, refraining from launching its website until 2015. The c ...
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CNN Business
CNN Business (formerly CNN Money) is a financial news and information website, operated by CNN. The website was originally formed as a joint venture between CNN.com and Time Warner's ''Fortune'' and ''Money'' magazines. Since the spin-off of Time Warner's publishing assets as Time Inc. (and their subsequent sale to Meredith Corporation and later, to IAC's Dotdash), the site has since operated as an affiliate of CNN. History CNN Money launched in 2001, replacing CNNfn's website. Time Warner had also announced an intention to relaunch the CNNfn television network under the CNN Money moniker, but those plans were apparently scrapped. Prior to June 2014, the website was operated as a joint venture between CNN and two Time Warner-published business magazines; ''Fortune'' and ''Money''. In June 2014, Time Warner's publishing assets were spun-out as Time Inc.; as a result, all three properties launched separate web presences, and CNN Money introduced a new logo that removed the wordmark ...
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Securities Act Of 1933
The Securities Act of 1933, also known as the 1933 Act, the Securities Act, the Truth in Securities Act, the Federal Securities Act, and the '33 Act, was enacted by the United States Congress on May 27, 1933, during the Great Depression and after the stock market crash of 1929. It is an integral part of United States securities regulation. It is legislated pursuant to the Interstate Commerce Clause of the Constitution. It requires every offer or sale of securities that uses the means and instrumentalities of interstate commerce to be registered with the SEC pursuant to the 1933 Act, unless an exemption from registration exists under the law. The term "means and instrumentalities of interstate commerce" is extremely broad and it is virtually impossible to avoid the operation of the statute by attempting to offer or sell a security without using an "instrumentality" of interstate commerce. Any use of a telephone, for example, or the mails would probably be enough to subject the t ...
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Anti-fraud
Fraud deterrence has gained public recognition and spotlight since the 2002 inception of the Sarbanes-Oxley Act. Of the many reforms enacted through Sarbanes-Oxley, one major goal was to regain public confidence in the reliability of financial markets in the wake of corporate scandals such as Enron, WorldCom and Waste Management. Section 404 of Sarbanes Oxley mandated that public companies have an independent Audit of internal controls over financial reporting. In essence, the intent of the U.S. Congress in passing the Sarbanes Oxley Act was attempting to proactively deter financial misrepresentation (Fraud) in order to ensure more accurate financial reporting to increase investor confidence. This same concept is applied in the discussion of fraud deterrence. Until recently, fraud deterrence has not been specifically identified under one common definition. While it has been discussed by many authoritative sources such as the American Institute of Certified Public Accountants (AICP ...
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CNBC
CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk shows, investigative reports, documentaries, infomercials, reality shows, and other programs at all other times. Along with Fox Business and Bloomberg Television, it is one of the three major business news channels. It also operates a website and mobile apps, whereby users can watch the channel via streaming media, and which provide some content that is only accessible to paid subscribers. CNBC content is available on demand on smart speakers including Amazon Echo devices with Amazon Alexa, Google Home and app devices with Google Assistant, and on Apple Siri voice interfaces including iPhones. Many CNBC TV shows are available as podcasts for on-demand listening. Graphics are designed by Sweden-based Magoo 3D studios. CNBC is a divisi ...
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Microsoft Corporation
Microsoft Corporation is an American multinational corporation, multinational technology company, technology corporation producing Software, computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washington, United States. Its best-known software products are the Microsoft Windows, Windows line of operating systems, the Microsoft Office Productivity software#Office suite, suite, and the Internet Explorer and Microsoft Edge, Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's List of the largest software companies, largest software maker by revenue as of 2019. It is one of the Big Tech, Big Five American information technology companies, alongside Alphabet ...
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Massachusetts Institute Of Technology School Of Science
The MIT School of Science is one of the five schools of the Massachusetts Institute of Technology, located in Cambridge, Massachusetts, United States. The School is composed of 6 academic departments who grant SB, SM, and PhD or ScD degrees; as well as a number of affiliated laboratories and centers. , the Dean of Science is Professor Nergis Mavalvala. With approximately 275 faculty members, 1100 graduate students, 700 undergraduate majors, 500 postdocs, and 400 research staff, the School is the second largest at MIT. , 12 faculty members and 14 alumni of the School have won Nobel Prizes. Biology The Department of Biology (Course 7) began as a department of natural history in 1871. Brain and Cognitive Sciences The Department of Brain and Cognitive Sciences (Course 9) began as the Department of Psychology in 1964. Chemistry The Department of Chemistry (Course 5) was one of the original departments when MIT opened in 1865. Earth, Atmospheric and Planetary Sciences The Departme ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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Southport, Connecticut
Southport is a census-designated place (CDP) in the town of Fairfield, Connecticut. It is located along Long Island Sound between Mill River and Sasco Brook, where it borders Westport. As of the 2020 census, it had a population of 1,710. Settled in 1639, Southport center has been designated a local historic district since 1967. In 1971, it was listed on the National Register of Historic Places as the Southport Historic District. History The indigenous village of Sasqua, inhabited by Quiripi language speakers, was located in the area. Members of that community later formed the Golden Hill Paugussett Indian Nation. The earliest recorded event in Southport's history was "The Great Swamp Fight" or "Fairfield Swamp Fight" of July 1637 (not to be confused with the later Great Swamp Fight of King Philip's War), an episode of the Pequot War in which English colonial forces led by John Mason and Roger Ludlow vanquished a band of 80 to 100 Pequot Indians who had earlier fled from th ...
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