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Cohmad Securities
Cohmad Securities was a US company whose main business was to introduce investors to the Bernard Madoff investment company for which it received commission based on the amount invested. The company, whose name combines “Cohn” and “Madoff,” was founded in 1985 by Bernard Madoff and Maurice Cohn, Madoff’s friend and former neighbor. Its office was located at the same address as Madoff's firm, and it employed between 10 and 20 employees with annual sales between $1M and $5M. Business relations Maurice "Sonny" Cohn owned 48% of Cohmad, and his daughter Marcia, who served as president and chief compliance officer, owned 25%. Madoff owned 15%. Mr. Madoff's brother, Peter owned 9%, Mr. Cohn's brother owned 1%, and another unnamed Cohmad employee owned 1%. Cohmad received $67 million in generated fees from Madoff investments, from 2000–2008. The brokerage firm lists its address as Madoff's firm's address in New York City. Cohmad employs Robert Jaffe, as vice-president. Jaff ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fifth Amendment To The United States Constitution
The Fifth Amendment (Amendment V) to the United States Constitution addresses criminal procedure and other aspects of the Constitution. It was ratified, along with nine other articles, in 1791 as part of the Bill of Rights. The Fifth Amendment applies to every level of the government, including the federal, state, and local levels, in regard to a US citizen or resident of the US. The Supreme Court furthered the protections of this amendment through the Due Process Clause of the Fourteenth Amendment. One provision of the Fifth Amendment requires that felonies be tried only upon indictment by a grand jury. Another provision, the Double Jeopardy Clause, provides the right of defendants to be tried only once in federal court for the same offense. The self-incrimination clause provides various protections against self-incrimination, including the right of an individual not to serve as a witness in a criminal case in which they are the defendant. "Pleading the Fifth" is a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1985 Establishments In The United States
The year 1985 was designated as the International Youth Year by the United Nations. Events January * January 1 ** The Internet's Domain Name System is created. ** Greenland withdraws from the European Economic Community as a result of a new agreement on fishing rights. * January 7 – Japan Aerospace Exploration Agency launches ''Sakigake'', Japan's first interplanetary spacecraft and the first deep space probe to be launched by any country other than the United States space exploration programs, United States or the Soviet space program, Soviet Union. * January 15 – Tancredo Neves is Brazilian presidential election, 1985, elected president of Brazil by the National Congress of Brazil, Congress, ending the Military dictatorship in Brazil, 21-year military rule. * January 20 – Ronald Reagan is Second inauguration of Ronald Reagan, privately sworn in for a second term as Presidency of Ronald Reagan, President of the United States. * January 27 – The Eco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Madoff Investment Scandal
The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. In December of that year, Bernie Madoff, the former NASDAQ chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion-dollar Ponzi scheme. Madoff founded Bernard L. Madoff Investment Securities LLC in 1960, and was its chairman until his arrest. The firm employed Madoff's brother Peter as senior managing director and chief compliance officer, Peter's daughter Shana Madoff as rules and compliance officer and attorney, and Madoff's sons Mark and Andrew. Peter was sentenced to 10 years in prison, and Mark died by suicide exactly two years after his father's arrest. Alerted by his sons, federal authorities arrested Madoff on December 11, 2008. On March 12, 2009, Madoff pleaded guilty to 11 federal crimes and admitted to operating the largest private Ponzi scheme in h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Of The United States
Finance is the study and discipline of money Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are as ..., currency and capital assets. It is related to, but not synonymous with economics, the study of Production (economics), production, Distribution (economics), distribution, and Consumption (economics), consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in Financial system, financial systems at various scopes, thus the field can be roughly divided into Personal finance, personal, Corporate finance, corporate, and public finance. In a financial system, assets are bought, sold, or traded as Financial instrument, financial instruments, such as Currency, currencies, Loan, loans, Bond (finance), bonds, Shar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008 In Economics
October * October 5: **The German government moves to back troubled Hypo Real Estate with a 50 billion euro rescue plan(MarketWatch)**German Chancellor Angela Merkel announces that Germany will explicitly guarantee the deposits in banks held by its citizens(MarketWatch)* October 9: Iceland nationalises Kaupthing Bank. * October 9: IMF: World on brink of recession; prepares special loan program. * October 9: Markets down across the world; Dow Jones falls below 9,000. * October 10: Hampshire councils have £3 million invested in Icelandic banks. * October 10: Dow Jones recovers hundreds of points, before losing them in minutes. * October 10: Global markets plunge. * October 10: WTO calls meeting on trade finance and economic crisis. * October 11: G7 says "all available tools" will be used to solve crisis. * October 11: Iceland and United Kingdom in diplomatic dispute over financial crisis. * October 11: George W. Bush George Walker Bush (born July 6, 1946) is an American p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Investors In Bernard L
A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union club Other uses * Angle of list, the leaning to either port or starboard of a ship * List (information), an ordered collection of pieces of information ** List (abstract data type), a method to organize data in computer science * List on Sylt, previously called List, the northernmost village in Germany, on the island of Sylt * ''List'', an alternative term for ''roll'' in flight dynamics * To ''list'' a building, etc., in the UK it means to designate it a listed building that may not be altered without permission * Lists (jousting), the barriers used to designate the tournament area where medieval knights jousted * ''The Book of Lists'', an American series of books with unusual lists See also * The List (other) * Listing (di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Southern District Of New York
The United States District Court for the Southern District of New York (in case citations, S.D.N.Y.) is a federal trial court whose geographic jurisdiction encompasses eight counties of New York State. Two of these are in New York City: New York (Manhattan) and Bronx; six are in Downstate: Westchester, Putnam, Rockland, Orange, Dutchess, and Sullivan. Appeals from the Southern District of New York are taken to the United States Court of Appeals for the Second Circuit (except for patent claims and claims against the U.S. government under the Tucker Act, which are appealed to the Federal Circuit). Because it covers Manhattan, the Southern District of New York has long been one of the most active and influential federal trial courts in the United States. It often has jurisdiction over America's largest financial institutions and prosecution of white-collar crime and other federal crimes. Because of its age and influence, it is sometimes colloquially called the "Mother Court" ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Irving Picard
use both this parameter and , birth_date to display the person's date of birth, date of death, and age at death) --> , death_place = , death_cause = , nationality = , other_names = , citizenship = , education = , alma_mater = University of Pennsylvania (BS) Boston University School of Law (JD)New York University School of Law (LLM) , occupation = Attorney , years_active = , era = , employer = BakerHostetler , organization = , agent = , known_for = Recovery of funds from the Madoff investment scandal , notable_works = , title = , term = , predecessor = , successor = , party = , movement = , opponents = , boards = , criminal_charge = , criminal_penalty = , criminal_status = , spouse = , partner = , chi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sonja Kohn
Sonja Kohn (née Türk; born 5 August 1948 in Vienna, Austria) is an Austrian banker. Biography Kohn was born to Jewish refugees from the Holocaust from Eastern Europe. She grew up in Vienna. In the 1970s, with her husband Erwin Kohn, she started an import-export business and moved to Milan, Italy. In the 1980s, she lived for a time in New York City and worked as a stockbroker for Merrill Lynch. In 1994, she founded the Bank Medici in Vienna. One year later, she moved to New York State. They lived in Monsey, a large, ultraorthodox Jewish community. The Kohns founded a small brokerage firm, the ''Eurovaleur Inc''. In New York City, she became known as "Austria’s woman on Wall Street." Kohn only got into investing after staying home to raise her five children. In the 1990s, they moved back to Vienna. Bank Medici was relaunched in 2003 as an Aktiengesellschaft. She is shareholder of 75 percent and is head of the bank's supervising board. She also was consultant of the Vienna ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Medici
Bank Medici was a bank based in Vienna, Austria. It was founded in 1994 by banker Sonja Kohn and incorporated as a bank in 2003. Bank Medici's president and majority stakeholder was Sonja Kohn. Its main institutional shareholder was Bank Austria Creditanstalt, Austria's largest banking group. Kohn owned 75% of the bank, and Bank Austria owned the balance."Austria’s ‘Woman on Wall St.’ and Madoff" by Nelson D. Schwartz and Julia Werdigier ''The New York Times'' January 7, 2009, p. A1 NY edition. Retrieved 1-17-09 Madoff investments Bank Medici was for |
Florida
Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and to the south by the Straits of Florida and Cuba; it is the only state that borders both the Gulf of Mexico and the Atlantic Ocean. Spanning , Florida ranks 22nd in area among the 50 states, and with a population of over 21 million, it is the third-most populous. The state capital is Tallahassee, and the most populous city is Jacksonville. The Miami metropolitan area, with a population of almost 6.2 million, is the most populous urban area in Florida and the ninth-most populous in the United States; other urban conurbations with over one million people are Tampa Bay, Orlando, and Jacksonville. Various Native American groups have inhabited Florida for at least 14,000 years. In 1513, Spanish explorer Juan Ponce de León became the first k ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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