Francisco L. Borges
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Francisco L. Borges
Francisco Lopes Borges (born November 17, 1951) is an American politician and business executive who served as Connecticut State Treasurer from 1987 to 1993, succeeding Joan R. Kemler. A member of the Democratic Party, Borges was Connecticut's third Black state treasurer. Early life and education Borges was born in Cape Verde to parents Manuel and Maria Lopes Borges. He grew up in New Haven, Connecticut, the oldest of five siblings. He spoke only Portuguese until he was 8. He attended Millbrook School on a scholarship and went on to receive his Bachelor of Arts degree from Trinity College in 1974 and a J.D. from the University of Connecticut School of Law in 1978. He was associate counsel at Travelers from 1978 to 1986. Political career Borges was elected to the Hartford City Council in 1981 and served as deputy mayor from 1983 to 1985. He was elected Connecticut State Treasurer in 1986, defeating Republican opponent and Middletown mayor Sebastian J. Garafalo by 11 p ...
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Connecticut State Treasurer
The Connecticut State Treasurer serves the office of treasurer for the state of Connecticut Connecticut () is the southernmost state in the New England region of the Northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, New York (state), New York to the west, and Long Island Sound to the .... List of State Treasurers External links TREASURERS
1639 establishments in Connecticut {{Connecticut Constitutional Officers ...
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Middletown, Connecticut
Middletown is a city located in Middlesex County, Connecticut, United States, Located along the Connecticut River, in the central part of the state, it is south of Hartford, Connecticut, Hartford. In 1650, it was incorporated by English settlers as a town under its original Native American name, Mattabeseck, after the local indigenous people, also known as the Mattabesett. They were among the many tribes along the Atlantic coast who spoke Algonquian languages. The colonists renamed the settlement in 1653. When Hartford County, Connecticut, Hartford County was organized on May 10, 1666, Middletown was included within its boundaries. In 1784, the central settlement was incorporated as a city distinct from the town. Both were included within newly formed Middlesex County in May 1785. In 1923, the City of Middletown was consolidated with the Town, making the city limits extensive. Originally developed as a sailing port and then an industrial center on the Connecticut River, it is ...
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Landmark Partners
Landmark Partners, an SEC Registered Advisor, is one of the most experienced participants in the private equity secondary market for private equity (also known as secondaries) and real estate investments. Founded in 1989, the firm is a leading source of liquidity to owners of interests in venture, mezzanine, buyout, and real estate limited partnerships. Landmark Partners has four offices located in Boston, New York, Simsbury Simsbury is a town in Hartford County, Connecticut, United States. The population was 24,517 at the 2020 census. The town was incorporated as Connecticut's 21st town in May 1670. History Early history At the beginning of the 17th century, th ..., and London. Investment program Landmark Partners has formed private equity and real estate funds with approximately $15.5 billion of committed capital invested with over 700 sponsors in over 1,800 partnership interests (as of 12/31/15). In 2015, Landmark Partners closed, Landmark Real Estate Fund VII ...
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Bloomfield, Connecticut
Bloomfield is a suburb of Hartford in Hartford County, Connecticut, United States. The town's population was 21,535 at the 2020 census. Bloomfield is best known as the headquarters of healthcare services company Cigna. History Originally land of the Poquonock Native Americans, the area was first settled in 1660 as part of Windsor, organized as the Parish of Wintonbury in 1736. Wintonbury comes from three names from neighboring towns Windsor, Farmington, and Simsbury. It was finally incorporated as the town of Bloomfield by the Connecticut General Assembly on May 28, 1835. Initially, the town's local economy was agriculturally based, mostly in shade tobacco, remaining as such until it developed as a postwar suburb of Hartford starting in the 1950s. Today, Bloomfield's local character varies. While the town's southern and eastern fringes are more densely populated and developed, the northern and western sections maintain a more rural feel with meadows, woods, and some remaining f ...
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Connecticut General Assembly
The Connecticut General Assembly (CGA) is the state legislature of the U.S. state of Connecticut. It is a bicameral body composed of the 151-member House of Representatives and the 36-member Senate. It meets in the state capital, Hartford. There are no term limits for either chamber. During even-numbered years, the General Assembly is in session from February to May. In odd-numbered years, when the state budget is completed, session lasts from January to June. The governor has the right to call for a special session after the end of the regular session, while the General Assembly can call for a " veto session" after the close in order to override gubernatorial vetoes. During the first half of session, the House and Senate typically meet on Wednesdays only, though by the end of the session, they meet daily due to increased workload and deadlines. History The three settlements that would become Connecticut (Hartford, Wethersfield, and Windsor) were established in 1633, and ...
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Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions. The FDIC is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this was increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of the ...
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Presidency Of Bill Clinton
Bill Clinton's tenure as the 42nd president of the United States began with his first inauguration on January 20, 1993, and ended on January 20, 2001. Clinton, a Democrat from Arkansas, took office following a decisive election victory over Republican incumbent president George H. W. Bush and independent businessman Ross Perot in 1992. Four years later, in 1996, he defeated Perot again (then as the nominee of the Reform Party) and Republican nominee Bob Dole, to win re-election; in neither ballot did he obtain a majority of the popular vote. Clinton was succeeded by Republican George W. Bush, who won the 2000 presidential election. The nation experienced an extended period of economic prosperity during the Clinton presidency. While the economy remained strong, his presidency oscillated dramatically from high to low and back again, which historian Gil Troy characterized in six Acts. Act I in early 1993 was "Bush League" with amateurish distractions. By mid-1993 Clinton had ...
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Joe Lieberman
Joseph Isadore Lieberman (; born February 24, 1942) is an American politician, lobbyist, and attorney who served as a United States Senate, United States senator from Connecticut from 1989 to 2013. A former member of the Democratic Party (United States), Democratic Party, he was its nominee for Vice President of the United States in the 2000 United States presidential election, 2000 election. During his final term in office, he was officially listed as an independent Democrat and caucused with and chaired committees for the Democratic Party. Lieberman was elected as a "Reform Democrat" in 1970 to the Connecticut Senate, where he served three terms as Majority Leader. After an unsuccessful bid for the United States House of Representatives, U.S. House of Representatives in 1980, he served as Connecticut Attorney General, state Attorney General from 1983 to 1989. He narrowly defeated Republican Party (United States), Republican incumbent Lowell P. Weicker, Jr., Lowell Weicker in ...
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Chris Dodd
Christopher John Dodd (born May 27, 1944) is an American lobbyist, lawyer, and Democratic Party politician who served as a United States senator from Connecticut from 1981 to 2011. Dodd is the longest-serving senator in Connecticut's history. He served in the United States House of Representatives from 1975 to 1981. Dodd is a Connecticut native and a graduate of Georgetown Preparatory School in Bethesda, Maryland, and Providence College. His father, Thomas J. Dodd, was also a United States Senator from 1959 to 1971. Chris Dodd served in the Peace Corps for two years prior to entering the University of Louisville School of Law, and during law school concurrently served in the United States Army Reserve. Dodd returned to Connecticut, winning election in 1974 to the U.S. House of Representatives from Connecticut's 2nd congressional district and was reelected in 1976 and 1978. He was elected to the United States Senate in 1980. Dodd served as general chairman of the Democratic Nati ...
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GE Capital
GE Capital is the financial services division of General Electric. The company currently only runs one division, GE Energy Financial Services. It had provided additional services in the past; however, those units were sold between 2013 and 2018. Overview On July 8, 2013, the Financial Stability Oversight Council designated GE Capital as a " systemically important financial institution", which makes it subject to oversight by the Federal Reserve. In 2014, GE Capital had 35,000+ employees worldwide, operating in more than 40 countries, with total assets of US$499 billion. It was rated AA+ with stable outlook by S&P in 2012. GE Capital's subsidiaries also operated under the GE Money brand. Restructuring plan On April 10, 2015, Jeffrey R. Immelt, the CEO of General Electric, announced that GE would sell most of GE Capital over the next two years. The following areas were sold: *GE Capital Sponsor Finance was sold to Canada Pension Plan Investment Board and Sumitomo Mitsui Bank ...
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Financial Guaranty Insurance Company
Financial Guaranty Insurance Company (FGIC) is an American monoline bond insurer established in 1983. It faced significant financial difficulties in 2008 which affected its ability to write new business. The firm was acquired in December 2003 by a consortium of investors including PMI Group, The Blackstone Group, The Cypress Group and CIVC Partners. As of March 24, 2009, it was rated "CC" by Standard & Poor's (S&P) and "Caa3" by Moody's Investors Service. Fitch Ratings had already withdrawn its rating, while Moody's announced it would remove its rating. The ratings are negative from both Moody's and Standard & Poor's. On November 24, 2009, it was released that the New York Insurance Department ordered FGIC to suspend payment on all claims due. On June 11, 2012, the company was placed under rehabilitation by the Department. On April 9, 2014, the ''Detroit News'' reported that FGIC without any Detroit">City of Detroit or court involvement had solicited bids for the Detroit Inst ...
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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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