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Fred Wilpon
Fred Wilpon (born November 22, 1936) is an American real estate developer and former baseball executive. He was principal owner of the New York Mets from 1987 to 2020. Early life and education Wilpon was raised in a Jewish familyNew York Observer: "Even During Series Mets Partners Spar, Endangering Stadium" By Andrew Rice October 30, 2010 in , . [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brooklyn
Brooklyn () is a borough of New York City, coextensive with Kings County, in the U.S. state of New York. Kings County is the most populous county in the State of New York, and the second-most densely populated county in the United States, behind New York County (Manhattan). Brooklyn is also New York City's most populous borough,2010 Gazetteer for New York State . Retrieved September 18, 2016. with 2,736,074 residents in 2020. Named after the Dutch village of Breukelen, Brooklyn is located on the w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nelson Doubleday Jr
Nelson may refer to: Arts and entertainment * ''Nelson'' (1918 film), a historical film directed by Maurice Elvey * ''Nelson'' (1926 film), a historical film directed by Walter Summers * ''Nelson'' (opera), an opera by Lennox Berkeley to a libretto by Alan Pryce-Jones * Nelson (band), an American rock band * ''Nelson'', a 2010 album by Paolo Conte People * Nelson (surname), including a list of people with the name * Nelson (given name), including a list of people with the name * Horatio Nelson, 1st Viscount Nelson (1758–1805), British admiral * Nelson Mandela, the first black South African president Fictional characters * Alice Nelson, the housekeeper on the TV series ''The Brady Bunch'' * Dave Nelson, a main character on the TV series ''NewsRadio'' * Emma Nelson, on the TV series ''Degrassi: The Next Generation'' * Foggy Nelson, law partner of Matt Murdock in the Marvel Comic Universe * Greg Nelson, on the American soap opera ''All My Children'' * Harriman Nelson, on the T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Einhorn (hedge Fund Manager)
David M. Einhorn (born November 20, 1968) is an American investor and hedge fund manager. He is the founder and president of Greenlight Capital, a "long-short value-oriented hedge fund". Born in New Jersey, Einhorn graduated from Cornell University, before starting Greenlight Capital in 1996. Over the next decade, the fund experienced annualized returns of 26%, far better than the market. Greenlight Capital's assets under management decreased from approximately US$12 billion in 2014 to about $5.5 billion as reported in July 2018 as the fund was down 11.3% from 2014 through the end of 2017, and a further 34% in 2018. He has received extensive coverage in the financial press for his fund's performance, his investing strategy and his positions. Lindgren, Hugo (June 15, 2008)"The Confidence Man" ''New York''. Einhorn was included in ''Time'' magazine's ''Time'' 100 list of "100 most influential people in the world" in 2013. According to Investopedia, his net worth was around US ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Major League Baseball
Major League Baseball (MLB) is a professional baseball organization and the oldest major professional sports league in the world. MLB is composed of 30 total teams, divided equally between the National League (NL) and the American League (AL), with 29 in the United States and 1 in Canada. The NL and AL were formed in 1876 and 1901, respectively. Beginning in 1903, the two leagues signed the National Agreement and cooperated but remained legally separate entities until 2000, when they merged into a single organization led by the Commissioner of Baseball. MLB is headquartered in Midtown Manhattan. It is also included as one of the major professional sports leagues in the United States and Canada. Baseball's first all-professional team, the Cincinnati Red Stockings, was founded in 1869. Before that, some teams had secretly paid certain players. The first few decades of professional baseball were characterized by rivalries between leagues and by players who often jumped from one te ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citi Field
Citi Field is a baseball stadium located in Flushing Meadows–Corona Park in New York City, United States. It opened in 2009 and is the home field of Major League Baseball's New York Mets. The stadium was built as a replacement for the adjacent Shea Stadium, which opened in 1964. Citi Field was designed by Populous. The $850 million baseball park was funded with $615 million in public subsidies, including the sale of New York City municipal bonds that are to be repaid by the Mets with interest. The payments will offset property taxes for the lifetime of the park. The first game at Citi Field was on March 29, 2009, with a college baseball game between St. John's and Georgetown. The Mets played their first two games at the ballpark on April 3 and 4, 2009 against the Boston Red Sox as charity exhibition games. The first regular season home game was played on April 13, 2009, against the San Diego Padres. Citi Field hosted the 2013 Major League Baseball All-Star Game, marking t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SportsNet New York
SportsNet New York (SNY) is an American regional sports network owned by Sterling Entertainment Enterprises, LLC, itself a joint venture between the Fred Wilpon (which owns a controlling 65% interest) Sterling Equities, Charter Communications through its acquisition of Time Warner Cable in May 2016 (which owns 27%) and Comcast, through its NBC Sports Group subsidiary (which owns 8%). The channel primarily broadcasts games and related programming involving the New York Mets, but also carries supplementary coverage of the Mets and the New York Jets as well as college sports events. SNY maintains business operations and studio facilities at 4 World Trade Center. SportsNet New York is available on cable and fiber optic television providers throughout the New York metropolitan area and the state of New York; it is also available nationwide on satellite via DirecTV. History SportsNet New York was launched on March 16, 2006. The network was created in order for the New York Mets to be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brooklyn Cyclones
The Brooklyn Cyclones are a Minor League Baseball team of the South Atlantic League and the High-A affiliate of the New York Mets. They are based in the New York City borough of Brooklyn, and play at Maimonides Park, just off the Coney Island Boardwalk. From their founding in 2001 through 2020, the Cyclones competed in the Class A Short Season New York–Penn League (NYPL). Brooklyn won six division titles and two NYPL championships. In 2001, the Cyclones were declared co-league champions with the Williamsport Crosscutters, being forced to prematurely end their championship series due to the September 11 attacks, despite the Cyclones leading the series one game to none. Their second NYPL championship came in 2019, representing the first title for a professional sports team based in Brooklyn since the 1955 Brooklyn Dodgers. History The Cyclones began as the St. Catharines, Ontario, St. Catharines Blue Jays (later St. Catharines Stompers) in 1986 as a team in the New York–Pen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Samuel Israel III
Samuel Israel III (born July 20, 1959) is an American fraudster and former hedge fund manager for the Bayou Hedge Fund Group, which he founded in 1996. In 2008, Israel was sentenced to 20 years in prison and ordered to forfeit $300 million for defrauding his investors. Early life and education Born into a Jewish family, Israel attended Hackley School in Tarrytown, New York. He does not have a college degree. Career In 1996 Israel founded the Bayou Hedge Fund Group, which raised $450 million from its investors and for which Israel was CEO. Bayou and Israel misappropriated these funds for personal use, running what would later be revealed as a Ponzi scheme. After poor returns in 1998, the firm founded a dummy accounting firm, which they hired to audit themselves in order to keep up appearances to investors. In 2005, Bayou was indicted. On September 29, the Commodity Futures Trading Commission (CFTC) filed charges against Bayou, Israel, and Bayou CFO Daniel Marino. The next year ... [...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] |
Irving Picard
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Ponzi Scheme
A Ponzi scheme (, ) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. Named after Italian businessman Charles Ponzi, the scheme leads victims to believe that profits are coming from legitimate business activity (e.g., product sales or successful investments), and they remain unaware that other investors are the source of funds. A Ponzi scheme can maintain the illusion of a sustainable business as long as new investors contribute new funds, and as long as most of the investors do not demand full repayment and still believe in the non-existent assets they are purported to own. Some of the first recorded incidents to meet the modern definition of the Ponzi scheme were carried out from 1869 to 1872 by Adele Spitzeder in Germany and by Sarah Howe in the United States in the 1880s through the "Ladies' Deposit". Howe offered a solely female clientele an 8% monthly interest rate and then stole the money that the women ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bernard Madoff
Bernard Lawrence Madoff ( ; April 29, 1938April 14, 2021) was an American fraudster and financier who was the admitted mastermind of the largest Ponzi scheme in history, worth about $64.8 billion. He was at one time chairman of the NASDAQ stock exchange. He advanced the proliferation of electronic trading platforms and the concept of payment for order flow, which has been described as a "legal kickback." Madoff founded a penny stock brokerage in 1960, which eventually grew into Bernard L. Madoff Investment Securities. He served as the company's chairman until his arrest on December 11, 2008. That year, the firm was the 6th-largest market maker in S&P 500 stocks. At the firm, he employed his brother Peter Madoff as senior managing director and chief compliance officer, Peter's daughter Shana Madoff as the firm's rules and compliance officer and attorney, and his now deceased sons Mark Madoff and Andrew Madoff. Peter was sentenced to 10 years in prison in 2012, and Mark hange ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
