Billie Sol Estes
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Billie Sol Estes
Billie Sol Estes (January 10, 1925 – May 14, 2013) was an American businessman and financier best known for his involvement in a business fraud scandal that complicated his ties to friend and future U.S. President Lyndon Johnson. Early life Estes was born January 10, 1925 to John and Lillian Estes on a farm near Clyde, Texas, one of six children. Estes never attended college but nonetheless demonstrated a natural talent for business from an early age. He served in the U.S. Merchant Marine during World War II. Fraud schemes In the late 1950s, Estes was heavily involved in the Texas anhydrous ammonia business. He produced mortgages on nonexistent ammonia tanks by convincing local farmers to purchase them on credit, sight unseen, and leasing them from the farmers for the same amount as the mortgage payment, paying them a convenience fee as well. He used the fraudulent mortgage holdings to obtain loans from banks outside Texas who were unable to easily check on the tanks. At ...
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Brackets
A bracket is either of two tall fore- or back-facing punctuation marks commonly used to isolate a segment of text or data from its surroundings. Typically deployed in symmetric pairs, an individual bracket may be identified as a 'left' or 'right' bracket or, alternatively, an "opening bracket" or "closing bracket", respectively, depending on the Writing system#Directionality, directionality of the context. Specific forms of the mark include parentheses (also called "rounded brackets"), square brackets, curly brackets (also called 'braces'), and angle brackets (also called 'chevrons'), as well as various less common pairs of symbols. As well as signifying the overall class of punctuation, the word "bracket" is commonly used to refer to a specific form of bracket, which varies from region to region. In most English-speaking countries, an unqualified word "bracket" refers to the parenthesis (round bracket); in the United States, the square bracket. Glossary of mathematical sym ...
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Pulitzer Prize
The Pulitzer Prize () is an award for achievements in newspaper, magazine, online journalism, literature, and musical composition within the United States. It was established in 1917 by provisions in the will of Joseph Pulitzer, who had made his fortune as a newspaper publisher, and is administered by Columbia University. Prizes are awarded annually in twenty-one categories. In twenty of the categories, each winner receives a certificate and a US$15,000 cash award (raised from $10,000 in 2017). The winner in the public service category is awarded a gold medal. Entry and prize consideration The Pulitzer Prize does not automatically consider all applicable works in the media, but only those that have specifically been entered. (There is a $75 entry fee, for each desired entry category.) Entries must fit in at least one of the specific prize categories, and cannot simply gain entrance for being literary or musical. Works can also be entered only in a maximum of two categories, ...
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Hood County News
''Hood County News'' is an American twice weekly newspaper serving Granbury and Hood County, Texas. History The newspaper is descended from the Granbury ''Vidette'', established by W. L. Bond and Francis Edward Garland in November 1872, and the Granbury ''News'', established by J. D. Ballard around 1884. In 1878, Ashley W. Crockett, a grandson of Davy Crockett David Crockett (August 17, 1786 – March 6, 1836) was an American folk hero, frontiersman, soldier, and politician. He is often referred to in popular culture as the "King of the Wild Frontier". He represented Tennessee in the U.S. House of Re ..., was associated with the Granbury ''Vidette'', which he took over completely by August 1883. It also descends from other newspapers, through a series of mergers and other ownership changes, and name changes. Under the ownership of Hood County News, Incorporated, it began its current form in November 1970. The paper won a number of awards at the 2010 convention of the Texas ...
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Associated Press
The Associated Press (AP) is an American non-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association. It produces news reports that are distributed to its members, U.S. newspapers and broadcasters. The AP has earned 56 Pulitzer Prizes, including 34 for photography, since the award was established in 1917. It is also known for publishing the widely used '' AP Stylebook''. By 2016, news collected by the AP was published and republished by more than 1,300 newspapers and broadcasters, English, Spanish, and Arabic. The AP operates 248 news bureaus in 99 countries. It also operates the AP Radio Network, which provides newscasts twice hourly for broadcast and satellite radio and television stations. Many newspapers and broadcasters outside the United States are AP subscribers, paying a fee to use AP material without being contributing members of the cooperative. As part of their cooperative agreement with the AP, most ...
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Los Angeles Times
The ''Los Angeles Times'' (abbreviated as ''LA Times'') is a daily newspaper that started publishing in Los Angeles in 1881. Based in the LA-adjacent suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the United States. The publication has won more than 40 Pulitzer Prizes. It is owned by Patrick Soon-Shiong and published by the Times Mirror Company. The newspaper’s coverage emphasizes California and especially Southern California stories. In the 19th century, the paper developed a reputation for civic boosterism and opposition to labor unions, the latter of which led to the bombing of its headquarters in 1910. The paper's profile grew substantially in the 1960s under publisher Otis Chandler, who adopted a more national focus. In recent decades the paper's readership has declined, and it has been beset by a series of ownership changes, staff reductions, and other controversies. In January 2018, the paper's staff voted to unionize and final ...
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United States Department Of Justice
The United States Department of Justice (DOJ), also known as the Justice Department, is a federal executive department of the United States government tasked with the enforcement of federal law and administration of justice in the United States. It is equivalent to the justice or interior ministries of other countries. The department is headed by the U.S. attorney general, who reports directly to the president of the United States and is a member of the president's Cabinet. The current attorney general is Merrick Garland, who was sworn in on March 11, 2021. The modern incarnation of the Justice Department was formed in 1870 during the Ulysses S. Grant presidency. The department comprises federal law enforcement agencies, including the Federal Bureau of Investigation, the U.S. Marshals Service, the Bureau of Alcohol, Tobacco, Firearms and Explosives, the Drug Enforcement Administration, and the Federal Bureau of Prisons. It also has eight major divisions of lawyers who rep ...
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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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Malcolm Wallace
Malcolm Everett "Mac" Wallace (October 15, 1921 – January 7, 1971) was an American economist for the United States Department of Agriculture. On October 22, 1951, Wallace fatally shot John Douglas Kinser in the clubhouse of an Austin golf course owned by Kinser. A number of authors claim Wallace was involved in a conspiracy to assassinate President John F. Kennedy upon orders from then-Vice President Lyndon B. Johnson. Early life Wallace was a native of Mount Pleasant, Texas. He was the son of Alvin James Wallace, Sr. (1895-1973), a cement and construction contractor, according to the 1930 US Census, and Alice Marie Riddle (1897-1959). In 1939, Wallace graduated from Woodrow Wilson High School in Dallas. After high school, he enlisted in the United States Marine Corps in November 1939. While in the Marine Corps, he was assigned to the , but was discharged on September 25, 1940, after reinjuring his back. After his discharge from the Marine Corps, he attended the University of ...
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Assassination Of John F
Assassination is the murder of a prominent or important person, such as a head of state, head of government, politician, world leader, member of a royal family or CEO. The murder of a celebrity, activist, or artist, though they may not have a direct role in matters of the state, may also sometimes be considered an assassination. An assassination may be prompted by political and military motives, or done for financial gain, to avenge a grievance, from a desire to acquire fame or notoriety, or because of a military, security, insurgent or secret police group's command to carry out the assassination. Acts of assassination have been performed since ancient times. A person who carries out an assassination is called an assassin or hitman. Etymology The word ''assassin'' may be derived from '' asasiyyin'' (Arabic: أَسَاسِيِّين‎, ʾasāsiyyīn) from أَسَاس‎ (ʾasās, "foundation, basis") + ـِيّ‎ (-iyy), meaning "people who are faithful to the foundati ...
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Bloomberg (company)
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was co-founded by Michael Bloomberg in 1981, with Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Bank of America through their brokerage subsidiary Merrill Lynch. Bloomberg L.P. provides financial software tools and enterprise applications such as analytics and equity trading platform, data services, and news to financial companies and organizations through the Bloomberg Terminal (via its Bloomberg Professional Service), its core revenue-generating product. Bloomberg L.P. also includes a news agency (Bloomberg News), a global television network (Bloomberg Television), websites, radio stations (Bloomberg Radio), subscription-only newsletters, and two magazines: ''Bloomberg Businessweek'' and ''Bloomberg Markets''. The company has 176 locations and nearly 20,000 employees. In May 2022, Bloomberg announced it ...
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Pecos Enterprise
Pecos may refer to: Places * Pecos River, rises near Santa Fe, New Mexico, United States * Pecos, Texas, a city in Reeves County, Texas, United States * Pecos County, Texas, named for the Pecos River ** Pecos Spring, a spring * Pecos, New Mexico, a village, United States * Pecos National Historical Park, a National Historical Park in the U.S. state of New Mexico * Trans-Pecos, a region of Texas, United States Ships * USS ''Pecos'', the name of two ships of the United States Navy * USNS ''Pecos'' (T-AO-197), a U.S. Navy fleet replenishment oiler in service since 1989 Other uses * Pecos Bill, a mythical American cowboy * Pecos Classification, a division of all known Ancient Pueblo Peoples culture into chronological phases * Pecos League, an independent professional baseball league headquartered in Houston * Oryx/Pecos, a proprietary operating system developed by Bell Labs beginning in 1978, consisting of a kernel (Oryx) and the associated processes running on top of it (Pecos) Pec ...
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Receivership
In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in cases where a company cannot meet its financial obligations and is said to be insolvent.Philip, Ken, and Kerin Kaminski''Secured Lender'', January/February 2007, Vol. 63 Issue 1, pages 30-34,36. The receivership remedy is an equitable remedy that emerged in the English chancery courts, where receivers were appointed to protect real property. Receiverships are also a remedy of last resort in litigation involving the conduct of executive agencies that fail to comply with constitutional or statutory obligations to populations that rely on those agencies for their basic human rights. Receiverships can be broadly divided into two types: *Those related to insolvency or enforcement of a security interest. *Those where either **One is Incapable of ...
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