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Greenlight Capital
Greenlight Capital is a hedge fund founded in 1996 by David Einhorn (hedge fund manager), David Einhorn. Greenlight invests primarily in publicly traded North American corporate debt offerings and equities. Greenlight is most notable for its short selling of Lehman stock prior to Lehman Brothers' collapse in 2008 and the $11 million fine they received in January 2012 for insider trading in the United Kingdom, UK. Einhorn remains the fund's manager. Overview Founded in 1996 by Einhorn, with $900,000 (half borrowed from Einhorn's parents), Greenlight had generated greater than a twenty-five percent annualized net return for its investors, but recent lackluster results have brought this to under fifteen percent It prospered in its early days by identifying weak financial firms for short selling, making significant gains from Conseco, CompuCredit, Sirrom Capital, and Resource America. It also manages a fund of funds and a private equity fund through its affiliates, Greenlight Master ... [...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] |
Grand Central Terminal
Grand Central Terminal (GCT; also referred to as Grand Central Station or simply as Grand Central) is a commuter rail terminal located at 42nd Street and Park Avenue in Midtown Manhattan, New York City. Grand Central is the southern terminus of the Metro-North Railroad's Harlem, Hudson and New Haven Lines, serving the northern parts of the New York metropolitan area. It also contains a connection to the New York City Subway at Grand Central–42nd Street station. The terminal is the second-busiest train station in North America, after New York Penn Station. The distinctive architecture and interior design of Grand Central Terminal's station house have earned it several landmark designations, including as a National Historic Landmark. Its Beaux-Arts design incorporates numerous works of art. Grand Central Terminal is one of the world's ten most-visited tourist attractions, with 21.6 million visitors in 2018, excluding train and subway passengers. The terminal's Main Conco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hedge Fund Firms In New York City
A hedge or hedgerow is a line of closely spaced shrubs and sometimes trees, planted and trained to form a barrier or to mark the boundary of an area, such as between neighbouring properties. Hedges that are used to separate a road from adjoining fields or one field from another, and are of sufficient age to incorporate larger trees, are known as hedgerows. Often they serve as windbreaks to improve conditions for the adjacent crops, as in bocage country. When clipped and maintained, hedges are also a simple form of topiary. A hedge often operates as, and sometimes is called, a "live fence". This may either consist of individual fence posts connected with wire or other fencing material, or it may be in the form of densely planted hedges without interconnecting wire. This is common in tropical areas where low-income farmers can demarcate properties and reduce maintenance of fence posts that otherwise deteriorate rapidly. Many other benefits can be obtained depending on the speci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Project On Government Oversight
The Project On Government Oversight (POGO) is a Nonpartisanism, nonpartisan non-profit organization based in Washington, D.C., Washington, DC, that investigates and works to expose waste, fraud, abuse, and conflicts of interest in the Federal government of the United States, U.S. federal government. According to its website, POGO works with whistleblowers and government insiders to identify wrongdoing in the federal government, and works with government officials to implement policy changes based on its investigations. POGO is led by executive director Danielle Brian. History The Project on Military Procurement, an arm of the National Taxpayers Legal Fund, was founded by Dina Rasor in February 1981. The Project's mission was to make the public aware of 'waste, fraud, and fat" in U.S. defense spending, according to Rasor. In the organization's early days, Rasor worked with whistleblowers to expose design flaws in the M1 Abrams tank, which had undergone a "shocking (cost) increase" i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Center For Public Integrity
The Center for Public Integrity (CPI) is an American nonprofit investigative journalism organization whose stated mission is "to reveal abuses of power, corruption and dereliction of duty by powerful public and private institutions in order to cause them to operate with honesty, integrity, accountability and to put the public interest first." With over 50 staff members, the CPI is one of the largest nonprofit investigative centers in America. It won the 2014 Pulitzer Prize for Investigative Reporting. The CPI has been described as an independent, watchdog group. The Center releases its reports via its website to media outlets throughout the U.S. and around the globe. In 2004, CPI's ''The Buying of the President'' book was on ''The New York Times'' bestseller list for three months. As of December 21, 2018, CPI was rated as 3 out of 4 stars overall by Charity Navigator, an independent nonprofits evaluator. Mission The mission of the center is "to protect democracy and inspire chan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Motors
The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and was the largest in the world for 77 years before losing the top spot to Toyota in 2008. General Motors operates manufacturing plants in eight countries. Its four core automobile brands are Chevrolet, Buick, GMC (automobile), GMC, and Cadillac. It also holds interests in Chinese brands Wuling Motors and Baojun as well as DMAX (engines), DMAX via joint ventures. Additionally, GM also owns the BrightDrop delivery vehicle manufacturer, GM Defense, a namesake Defense vehicles division which produces military vehicles for the United States government and military; the vehicle safety, security, and information services provider OnStar; the auto parts company ACDelco, a GM Financial, namesake financial lending service; and majority ownership in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ensco
ENSCO provides engineering, science, and advanced technology solutions to government and private sector customers in the aerospace, national security, and surface transportation sectors. ENSCO's corporate headquarters are physically located in Ravensworth, Virginia, with a Springfield postal address. Products and services The company provides products and services that support and protect systems, assets, and personnel in surface transportation, aerospace, and national security programs. These capabilities include: * AI/Machine Learning * Cybersecurity * Systems Engineering & Integration * CBRNE Modeling and Simulation * Seismology * Meteorology * Research & Testing * Training * Human Machine Interface * Human Presence Detection * Independent Verification & Validation * Position Navigation and Timing (PNT) * Machine Vision Track Imaging Systems * Track Geometry Data Analysis * Autonomous Vehicle & Track Monitoring Systems * Track Maintenance Planning * Railway Safety Research and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insider Trading
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information is illegal. This is because it is seen as unfair to other investors who do not have access to the information, as the investor with insider information could potentially make larger profits than a typical investor could make. The rules governing insider trading are complex and vary significantly from country to country. The extent of enforcement also varies from one country to another. The definition of insider in one jurisdiction can be broad, and may cover not only insiders themselves but also any persons related to them, such as brokers, associates, and even family members. A person who becomes aware of non-public information and trades on that basis may be guilty of a crime. Trading by specific insiders, such as employees, is commonl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Authority
The Financial Services Authority (FSA) was a quasi-judicial body accountable for the financial regulation, regulation of the financial services industry in the United Kingdom between 2001 and 2013. It was founded as the Securities and Investments Board (SIB) in 1985. Its board was appointed by the HM Treasury, Treasury, although it operated independently of government. It was structured as a company limited by guarantee and was funded entirely by fees charged to the financial services industry. Due to perceived regulatory failure of the banks during the financial crisis of 2007–2008, the Cameron–Clegg coalition, UK government decided to restructure financial regulation and abolish the FSA. On 19 December 2012, the ''Financial Services Act 2012'' received royal assent, abolishing the FSA with effect from 1 April 2013. Its responsibilities were then split between two new agencies: the Financial Conduct Authority and the Prudential Regulation Authority (United Kingdom), Prudent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barron's (newspaper)
''Barron's'' is an American weekly magazine/newspaper published by Dow Jones & Company, a division of News Corp. Founded in 1921 by Clarence W. Barron (1855–1928) as a sister publication to ''The Wall Street Journal'', ''Barron's'' covers U.S. financial information, market developments, and relevant statistics. Each issue provides a summary of the previous week's market activity as well as news, reports, and an outlook on the week to come. Features Features in the publication include: * ''Market Week'' – coverage of the previous week's market activity * ''Barron's Roundtable'' – Posts from noted investors such as Bill Gross, Mario Gabelli, Abby Joseph Cohen, Felix Zulauf, and Marc Faber * ''Best Online Brokers'' – A ranking of the top online trading brokerage firms. Criteria include trading experience and technology, usability, mobile, range of offerings, research amenities, portfolio analysis & report, customer service & education, and costs. * ''Top Financial Adviso ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Helix Energy Solutions Group
Helix Energy Solutions Inc., known as Cal Dive International prior to 2006, is an American oil and gas services company headquartered in Houston, Texas. The company is a global provider of offshore services in well intervention and ROV operations of new and existing oil and gas fields. History Timeline 1980 – Oceaneering executives, Lad Handleman, John Swinden, Don Sites and Rick Foreman left the company and named their new company Cal Dive International. Oceaneering was formed in 1964 when Handelman merged his California oilfield diving company, Cal Dive, with Canadian-based Can-Dive and upon his departure Handleman reclaimed his original company name for the new venture. 1983 – Cal Dive Intl. was acquired by Diversified Energy International (DEI) whose financial backing allowed the company to expand with two converted diving vessels. 1985 –Handleman suffered a severe injury in a skiing accident and as a result was paralyzed from the waist down. Jim Nelson wou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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