Peter F. McCoy
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Peter F. McCoy
Peter F. McCoy (1888 – 1958) was an American attorney based in New York City. Practicing law in New York at 342 Madison Avenue, McCoy started his legal career with Eaton, Lewis & Rowe before becoming an assistant United States Attorney in 1921. As an assistant United States Attorney General, McCoy was successful at prosecuting high-profile brokers for mail fraud and bucket shops in the early 1920s, with the '' New York Times'' proclaiming him a "foe of stock frauds." He also prosecuted people for violating the Food and Drug Acts, selling narcotics, and counterfeiting. He resigned as assistant United States Attorney in 1925 and was appointed an assistant United States Attorney General. McCoy became a member of the law firm Ferris, Shepard, Joyce & McCoy in 1926. In 1929, he unsuccessfully bid as a Republican – Fusion candidate for Justice of the Supreme Court, First Judicial District. He was a governor of the New York Athletic Club and the National Republican Club. E ...
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Brackets
A bracket is either of two tall fore- or back-facing punctuation marks commonly used to isolate a segment of text or data from its surroundings. Typically deployed in symmetric pairs, an individual bracket may be identified as a 'left' or 'right' bracket or, alternatively, an "opening bracket" or "closing bracket", respectively, depending on the Writing system#Directionality, directionality of the context. Specific forms of the mark include parentheses (also called "rounded brackets"), square brackets, curly brackets (also called 'braces'), and angle brackets (also called 'chevrons'), as well as various less common pairs of symbols. As well as signifying the overall class of punctuation, the word "bracket" is commonly used to refer to a specific form of bracket, which varies from region to region. In most English-speaking countries, an unqualified word "bracket" refers to the parenthesis (round bracket); in the United States, the square bracket. Glossary of mathematical sym ...
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United States Attorney General
The United States attorney general (AG) is the head of the United States Department of Justice, and is the chief law enforcement officer of the federal government of the United States. The attorney general serves as the principal advisor to the president of the United States on all legal matters. The attorney general is a statutory member of the Cabinet of the United States. Under the Appointments Clause of the United States Constitution, the officeholder is nominated by the president of the United States, then appointed with the advice and consent of the United States Senate. The attorney general is supported by the Office of the Attorney General, which includes executive staff and several deputies. Merrick Garland has been the United States attorney general since March 11, 2021. History Congress passed the Judiciary Act of 1789 which, among other things, established the Office of the Attorney General. The original duties of this officer were "to prosecute and conduct all sui ...
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United States Assistant Attorney General
Many of the divisions and offices of the United States Department of Justice are headed by an assistant attorney general. The president of the United States appoints individuals to the position of assistant attorney general with the advice and consent of the Senate. United States Department of Justice components that are led by an assistant attorney general are: * Antitrust Division * Civil Division *Civil Rights Division * Criminal Division *National Security Division * Environment and Natural Resources Division (ENRD) *Justice Management Division (JMD) * Tax Division *Office of Justice Programs (OJP) *Office of Legal Counsel (OLC) *Office of Legal Policy (OLP) * Office of Legislative Affairs (OLA) Assistant attorneys general report either to the deputy attorney general (in the case of the Criminal Division, the Justice Management Division and the Offices of Legal Counsel, Legislative Affairs, and Legal Policy) or to the associate attorney general (in the case of the Antitru ...
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Albert Ottinger
Albert E. Ottinger (September 10, 1878 – January 13, 1938) was an American lawyer and politician. Life and career Ottinger was born in Manhattan, New York City, the son of Moses Ottinger and Amelia Gottlieb Ottinger. He graduated from New York University Law School in 1898 and became an attorney in New York City. He was a member of the New York State Senate (18th District) in 1917 and 1918; and then an assistant attorney general of the United States. As such, Ottinger ruled that the U.S. Congress could grant independence to the Philippines if it wished, since the Philippines were an "insular possession" and therefore to be distinguished from the United States' states and territorial possessions. He was New York State attorney general from 1925 to 1928, elected in 1924 and 1926. During his second term, he was the only Republican who held state office, and was responsible for closing down the notorious "bucket shops" on Wall Street. He was a delegate to the 1928 and 1932 ...
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Martin Act
The Martin Act (New York General Business Law article 23-A, sections 352–353) is a New York anti-fraud law, widely considered to be the most severe blue sky law in the country. Passed in 1921, it grants the Attorney General of New York expansive law enforcement powers to conduct investigations of securities fraud and bring civil or criminal actions against alleged violators of the Act. It was used infrequently until the early 2000s, when then-Attorney General Eliot Spitzer began using it to bring civil cases against Wall Street firms. It has since become the basis for a number of high-profile cases, including a 2002 investigation of Merrill Lynch for alleged conflicts of interest, and the 2012 suit against Bank of New York Mellon Corp. for allegedly defrauding customers through foreign currency transactions. Background The Martin Act was passed by the New York Legislature in 1921, bearing the name of its sponsor in the state assembly, Louis M. Martin. New York was one of the la ...
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Consolidated Stock Exchange Of New York
The Consolidated Stock Exchange of New York, also known as the ''New York Consolidated Stock Exchange'' or ''Consolidated'',See ''Brooklyn Daily Eagle'', Saturday, January 13, 1912, p. 18 was a stock exchange in New York City, New York in direct competition to the New York Stock Exchange (NYSE) from 1885–1926. It was formed from the merger of other smaller exchanges, and was referred to in the industry and press as the "Little Board." By its official formation in 1885, its membership of 2403 was considered the second largest membership of any exchange in the United States. History 1875–1900: Background and formation The New York Mining Stock Exchange opened for active business on November 1, 1875 at noon, with John Stanton Jr. as president. Total membership equaled 25. As the exchange expanded, it moved from 24 Pine Street to 32 Pine Street, and then to 18 Broad Street, and finally to the "Bond Room" of the New York Stock Exchange at 16 New Street. The exchange returned to ...
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Raynor, Nicholas & Truesdell
Raynor, Nicholas & Truesdell was a New York brokerage based on Broadway in the 1920s. It was a member of the Consolidated Stock Exchange, before failing on April 29, 1922. The failure resulted in a highly publicized lawsuit over whether the firm committed mail fraud and bucketing before failing. History Founding and failure The brokerage firm was founded in 1920 in New York. According to records, as early as November 21, 1921, Consolidated had discussed the firm's methods, as it was known for bucketing. As of 1922, it was based at 42 Broadway and 30 East 42nd Street, and were members of the Consolidated Stock Exchange of New York. Firm members included D. C. Raynor, E. H. Truesdell, and B. J. Nicholas. The firm soon ran into financial difficulties. In November 1923 at the bankruptcy hearing, speculator Louis B. Appleton told that he and his brother Charles put up $50,000 before the failure as an advance to the firm, to help keep it afloat. The firm failed on April 29, 1922. ...
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William S
William is a male given name of Germanic origin.Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxford University Press, 2nd edition, , p. 276. It became very popular in the English language after the Norman conquest of England in 1066,All Things William"Meaning & Origin of the Name"/ref> and remained so throughout the Middle Ages and into the modern era. It is sometimes abbreviated "Wm." Shortened familiar versions in English include Will, Wills, Willy, Willie, Bill, and Billy. A common Irish form is Liam. Scottish diminutives include Wull, Willie or Wullie (as in Oor Wullie or the play ''Douglas''). Female forms are Willa, Willemina, Wilma and Wilhelmina. Etymology William is related to the given name ''Wilhelm'' (cf. Proto-Germanic ᚹᛁᛚᛃᚨᚺᛖᛚᛗᚨᛉ, ''*Wiljahelmaz'' > German ''Wilhelm'' and Old Norse ᚢᛁᛚᛋᛅᚼᛅᛚᛘᛅᛋ, ''Vilhjálmr''). By regular sound changes, the native, inherited English form of the name shoul ...
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Quebec
Quebec ( ; )According to the Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is one of the thirteen provinces and territories of Canada. It is the largest province by area and the second-largest by population. Much of the population lives in urban areas along the St. Lawrence River, between the most populous city, Montreal, and the provincial capital, Quebec City. Quebec is the home of the Québécois nation. Located in Central Canada, the province shares land borders with Ontario to the west, Newfoundland and Labrador to the northeast, New Brunswick to the southeast, and a coastal border with Nunavut; in the south it borders Maine, New Hampshire, Vermont, and New York in the United States. Between 1534 and 1763, Quebec was called ''Canada'' and was the most developed colony in New France. Following the Seven Years' War, Quebec b ...
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Leonard K
Leonard or ''Leo'' is a common English masculine given name and a surname. The given name and surname originate from the Old High German ''Leonhard'' containing the prefix ''levon'' ("lion") from the Greek Λέων ("lion") through the Latin '' Leo,'' and the suffix ''hardu'' ("brave" or "hardy"). The name has come to mean "lion strength", "lion-strong", or "lion-hearted". Leonard was the name of a Saint in the Middle Ages period, known as the patron saint of prisoners. Leonard is also an Irish origin surname, from the Gaelic ''O'Leannain'' also found as O'Leonard, but often was anglicised to just Leonard, consisting of the prefix ''O'' ("descendant of") and the suffix ''Leannan'' ("lover"). The oldest public records of the surname appear in 1272 in Huntingdonshire, England, and in 1479 in Ulm, Germany. Variations The name has variants in other languages: * Leen, Leendert, Lenard (Dutch) * Lehnertz, Lehnert (Luxembourgish) * Len (English) * :hu:Lénárd (Hungarian) * Lenart ( ...
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Charles Ponzi
Charles Ponzi (, ; born Carlo Pietro Giovanni Guglielmo Tebaldo Ponzi; March 3, 1882 – January 15, 1949) was an Italian swindler and con artist who operated in the U.S. and Canada. His aliases included ''Charles Ponci'', ''Carlo'', and ''Charles P. Bianchi''. Born and raised in Italy, he became known in the early 1920s as a swindler in North America for his money-making scheme. He promised clients a 50% profit within 45 days or 100% profit within 90 days, by buying discounted postal reply coupons in other countries and redeeming them at face value in the U.S. as a form of arbitrage. In reality, Ponzi was paying earlier investors using the investments of later investors. While this type of fraudulent investment scheme was not invented by Ponzi, it became so identified with him that it now is referred to as a "Ponzi scheme". His scheme ran for over a year before it collapsed, costing his "investors" $20 million. Ponzi may have been inspired by the scheme of William F. Miller ...
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World War I
World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fighting occurring throughout Europe, the Middle East, Africa, the Pacific, and parts of Asia. An estimated 9 million soldiers were killed in combat, plus another 23 million wounded, while 5 million civilians died as a result of military action, hunger, and disease. Millions more died in genocides within the Ottoman Empire and in the 1918 influenza pandemic, which was exacerbated by the movement of combatants during the war. Prior to 1914, the European great powers were divided between the Triple Entente (comprising France, Russia, and Britain) and the Triple Alliance (containing Germany, Austria-Hungary, and Italy). Tensions in the Balkans came to a head on 28 June 1914, following the assassination of Archduke Franz Ferdin ...
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