Kenneth Langone
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Kenneth Langone
Kenneth Gerard Langone Sr. KSG (born September 16, 1935) is an American billionaire businessman, investor, and philanthropist, best known for organizing financing for the founders of The Home Depot. He has been a major donor to the Republican Party. Early life Langone was born in Roslyn Heights, New York, to Italian American working-class parents. His father was a plumber and his mother a cafeteria worker. Langone's family has been described as having "a lot of love, but not a lot of money." He was a student at Bucknell University and the New York University Stern School of Business. Business career In the early 1960s, Langone began his career at a Wall Street financial services company named R.W. Pressprich, where he helped develop new business. In 1968 Langone met and persuaded Ross Perot to let Pressprich handle Electronic Data Systems's IPO. In 1969, Langone would be named Pressprich's president. In 1974, Langone formed the venture capital firm Invemed. Langone organized ...
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Roslyn Heights, New York
Roslyn Heights is a hamlet and census-designated place (CDP) in the Town of North Hempstead in Nassau County, on Long Island, in New York, United States. It is considered part of the Greater Roslyn area, which is anchored by the Incorporated Village of Roslyn. The population was 6,577 at the 2010 census. History Roslyn Heights saw a major economic boom in the 1860s shortly after the Long Island Rail Road's Oyster Bay Branch was built through and opened in the area. Starting in 1892, corporation was started to develop the northwestern section of the hamlet. Members of this development corporation included lawyers, bankers, and developers. This development, which was named Roslyn Highlands, was largely unsuccessful. Eventually, the western portion of the proposed Roslyn Highlands development was developed using the name of Roslyn Highlands while the eastern part was developed using the name of Roslyn Heights. These names were used for the respective sections until the whole are ...
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General Electric
General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energy, digital industry, additive manufacturing and venture capital and finance, but has since divested from several areas, now primarily consisting of the first four segments. In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market (by about 75%) as its profitability collapsed. Two employees of GE – Irving Langmuir (1932) and Ivar Giaever (1973) – have been awarded the Nobel Prize. On November 9, 2021, the company announced it would divide itself into three investment-grade public companies. On July 18, 2022, GE unveiled the brand names of the companies it will ...
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Sigma Chi
Sigma Chi () International Fraternity is one of the largest North American fraternal literary societies. The fraternity has 244 active (undergraduate) chapters and 152 alumni chapters across the United States and Canada and has initiated more than 350,000 members. The fraternity was founded on June 28, 1855, at Miami University in Oxford, Ohio, by members who split from the Delta Kappa Epsilon fraternity. Sigma Chi is divided into seven operational entities: the Sigma Chi Fraternity, the Sigma Chi Foundation, the Sigma Chi Canadian Foundation, the Risk Management Foundation, Constantine Capital Inc., the Blue and Gold Travel Services, and the newly organised Sigma Chi Leadership Institute. Like all fraternities, Sigma Chi has its own colors, insignia, and rituals. According to the fraternity's constitution, "the purpose of this fraternity shall be to cultivate and maintain the high ideals of friendship, justice, and learning upon which Sigma Chi was founded." History Founding Si ...
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Nassau County, New York
Nassau County ( ) is a county in the U.S. state of New York. At the 2020 U.S. census, Nassau County's population is 1,395,774. The county seat is Mineola and the largest town is Hempstead. Nassau County is situated on western Long Island, bordering New York City's borough of Queens to the west, and Suffolk County to the east. It is the most densely populated and second-most populous county in the State of New York outside of New York City, with which it maintains extensive rail and highway connectivity, and is considered one of the central counties within the New York metropolitan area. Nassau County contains two cities, three towns, 64 incorporated villages, and more than 60 unincorporated hamlets. Nassau County has a designated police department, fire commission, and elected executive and legislative bodies. A 2012 ''Forbes'' article based on the American Community Survey reported Nassau County as the most expensive county and one of the highest income counties in th ...
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Flower Hill, New York
Flower Hill is a village in Nassau County, on the North Shore of Long Island, in New York, United States. The eastern half is considered part of the Greater Roslyn area, which is anchored by the Incorporated Village of Roslyn. Western and northern parts are more closely associated with Manhasset and Port Washington. The population was 4,794 at the 2020 census. The Incorporated Village of Flower Hill is located entirely within the Town of North Hempstead, and has been recognized as a Tree City USA since 2013. History Before the village (pre-colonization – 1930) The area where Flower Hill is located was originally inhabited by Algonquin Native Americans. In the 17th century, European colonists started to settle in the area, specifically settlers of Dutch and English heritage. This era saw members of prominent colonial families settled in the area, including members of the Hewlett family (the same family after whom Hewlett, New York is named, as well as Hewlett Lane in Flow ...
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Sands Point, New York
Sands Point is a village located at the tip of the Cow Neck Peninsula in the Town of North Hempstead, in Nassau County, on the North Shore of Long Island, in New York, United States. It is considered part of the Greater Port Washington area, which is anchored by Port Washington. The population was 2,675 at the 2010 census. History The village was incorporated in 1910, and is named for the Sands family. In 1912, the village absorbed the communities of Barkers Point and Motts Point, and in 1932, it absorbed the Harbor Acreas community. It was originally owned by three families: the Sands, the Vanderbilts, and the Cornwells. In 1917, Daniel Guggenheim bought his Hempstead House, formerly Castle Gould. His son Harry Guggenheim, founder of '' Newsday'', later erected his estate "Falaise" nearby in 1923. Today, the estate belongs to the Friends of the Sands Point Preserve, which is a non-profit organization that maintains the property. In the 1960s, under less strict buildi ...
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Pope Benedict XVI
Pope Benedict XVI ( la, Benedictus XVI; it, Benedetto XVI; german: link=no, Benedikt XVI.; born Joseph Aloisius Ratzinger, , on 16 April 1927) is a retired prelate of the Catholic church who served as the head of the Church and the sovereign of the Vatican City State from 19 April 2005 until his resignation on 28 February 2013. Benedict's election as pope occurred in the 2005 papal conclave that followed the death of Pope John Paul II. Benedict has chosen to be known by the title "pope emeritus" upon his resignation. Ordained as a priest in 1951 in his native Bavaria, Ratzinger embarked on an academic career and established himself as a highly regarded theologian by the late 1950s. He was appointed a full professor in 1958 at the age of 31. After a long career as a professor of theology at several German universities, he was appointed Archbishop of Munich and Freising and created a cardinal by Pope Paul VI in 1977, an unusual promotion for someone with little pastoral expe ...
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For-profit Corporation
A for-profit corporation is an organization which aims to earn profit through its operations and is concerned with its own interests, unlike those of the public ( non-profit corporation). Structure A for-profit corporation is usually an organization operating in the private sector which sets aims that eventually help the organization itself. This kind of a company makes shares of ownership available to the general public. The purchasers of those shares then become the company's shareholders; shareholders have bought a portion of ownership of the corporation by giving away certain amount of money (differentiating from company to company) or assets of a particular value. Such organizations are usually not aided by the government as they are working for private financial gains, unlike a non-profit organization, which exists to serve a mission. The nature of a for-profit corporation is such that it is required to pay applicable taxes and register with the state. Any donation which they ...
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New York State Court Of Appeals
The New York Court of Appeals is the highest court in the Unified Court System of the State of New York. The Court of Appeals consists of seven judges: the Chief Judge and six Associate Judges who are appointed by the Governor and confirmed by the State Senate to 14-year terms. The Chief Judge of the Court of Appeals also heads administration of the state's court system, and thus is also known as the Chief Judge of the State of New York. Its 1842 Neoclassical courthouse is located in New York's capital, Albany. Nomenclature In the Federal court system, and most U.S. states, the court of last resort is known as the "Supreme Court". New York, however, calls its trial and intermediate appellate courts the "Supreme Court", and the court of last resort the Court of Appeals. This sometimes leads to confusion regarding the roles of the respective courts. Further adding to the misunderstanding is New York's terminology for jurists on its top two courts. Those who sit on its supreme ...
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Richard Grasso
Richard A. "Dick" Grasso (born July 26, 1946 in Jackson Heights, Queens, New York) was chairman and chief executive of the New York Stock Exchange from 1995 to 2003. He started in 1968 when he was hired by the Exchange as a floor clerk. He later became embroiled in controversies and lawsuits about his allegedly excessive pay package and $188.5 million golden parachute. The New York Attorney General filed a lawsuit which challenged the compensation as excessive for the NYSE, which at the time was a nonprofit. However, on July 1, 2008, the New York State Court of Appeals dismissed all claims against Grasso because the NYSE had changed its status from a nonprofit to a for-profit organization, which meant that the attorney general had lost standing to sue Grasso. Early life and education Grasso was raised by his mother and two aunts in Jackson Heights in New York City. His father left the family when Richard was an infant. He graduated from Newtown High School in Queens and attend ...
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Eliot Spitzer
Eliot Laurence Spitzer (born June 10, 1959) is an American politician and attorney. A member of the Democratic Party (United States), Democratic Party, he was the 54th governor of New York from 2007 until his resignation in 2008. Spitzer was born in New York City, attended Princeton University, and earned his law degree from Harvard University, Harvard. He began his career as an attorney in private practice with New York law firms before becoming a prosecutor with the office of the New York County (Manhattan) District Attorney. From 1999 to 2006, he was the New York State Attorney General, Attorney General of New York, earning a reputation as the "Sheriff of Wall Street" for his efforts to curb corruption in the financial services industry. Spitzer was elected Governor of New York in 2006 New York gubernatorial election, 2006 by the largest margin of any candidate, but his tenure lasted less than two years after it was uncovered he Eliot Spitzer prostitution scandal, patronized ...
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New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, securiti ...
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