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Steve Cohen (businessman)
Steven A. Cohen (born June 11, 1956) is an American hedge fund manager and owner of the New York Mets of Major League Baseball since September 14, 2020, owning roughly 97.2% of the team. He is the founder of hedge fund Point72 Asset Management and now-closed S.A.C. Capital Advisors, both based in Stamford, Connecticut. In 2013, the Cohen-founded S.A.C. Capital Advisors pleaded guilty to insider trading and agreed to pay $1.8 billion in fines ($900 million in forfeiture and $900 million in fines) in one of the biggest criminal cases against a hedge fund. Cohen was prohibited from managing outside money for two years as part of the settlement reached in the civil case over his accountability for the scandal. The hedge fund agreed to plead guilty to wire fraud and four counts of securities fraud and to close to outside investors. Cohen loosely inspired the character Bobby Axelrod, played by Damian Lewis, on the Showtime series ''Billions''. Early life and educa ...
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Great Neck, New York
Great Neck is a region on Long Island, New York, that covers a peninsula on the North Shore (Long Island), North Shore and includes nine villages, among them Great Neck (village), New York, Great Neck, Great Neck Estates, New York, Great Neck Estates, Great Neck Plaza, New York, Great Neck Plaza, Kings Point, New York, Kings Point, and Russell Gardens, and a number of unincorporated areas, as well as an area south of the peninsula near Lake Success, New York, Lake Success and the border territory of Queens. The incorporated village of Great Neck had a population of 9,989 at the 2010 United States Census, 2010 census, while the larger Great Neck area comprises a residential community of some 40,000 people in nine villages and Hamlet (New York), hamlets in the town of North Hempstead, New York, North Hempstead, of which Great Neck is the northwestern quadrant. Great Neck has five ZIP Codes (11020–11024), which are united by Great Neck Park District, a park district, one library di ...
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Wall Street
Wall Street is an eight-block-long street in the Financial District of Lower Manhattan in New York City. It runs between Broadway in the west to South Street and the East River in the east. The term "Wall Street" has become a metonym for the financial markets of the United States as a whole, the American financial services industry, New York–based financial interests, or the Financial District itself. Anchored by Wall Street, New York has been described as the world's principal financial center. Wall Street was originally known in Dutch as "de Waalstraat" when it was part of New Amsterdam in the 17th century, though the origins of the name vary. An actual wall existed on the street from 1685 to 1699. During the 17th century, Wall Street was a slave trading marketplace and a securities trading site, and from the early eighteenth century (1703) the location of Federal Hall, New York's first city hall. In the early 19th century, both residences and businesses occupied the a ...
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Daily News (New York)
The New York ''Daily News'', officially titled the ''Daily News'', is an American newspaper based in Jersey City, NJ. It was founded in 1919 by Joseph Medill Patterson as the ''Illustrated Daily News''. It was the first U.S. daily printed in tabloid format. It reached its peak circulation in 1947, at 2.4 million copies a day. As of 2019 it was the eleventh-highest circulated newspaper in the United States. Today's ''Daily News'' is not connected to the earlier '' New York Daily News'', which shut down in 1906. The ''Daily News'' is owned by parent company Tribune Publishing. This company was acquired by Alden Global Capital, which operates its media properties through Digital First Media, in May 2021. After the Alden acquisition, alone among the newspapers acquired from Tribune Publishing, the ''Daily News'' property was spun off into a separate subsidiary called Daily News Enterprises. History ''Illustrated Daily News'' The ''Illustrated Daily News'' was founded by Patters ...
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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Boomer Esiason
Norman Julius "Boomer" Esiason (; born April 17, 1961) is an American former professional football player who was a quarterback in the National Football League (NFL) for 14 seasons, primarily with the Cincinnati Bengals. He was selected in the second round of the 1984 NFL Draft by the Bengals, where he spent 10 non-consecutive seasons. Esiason was also a member of the New York Jets and Arizona Cardinals. During his playing career, Esiason was named to four Pro Bowls and one first-team All-Pro selection. His most successful season came with the Bengals in 1988 when he won NFL Most Valuable Player (MVP) and led the team to a Super Bowl appearance in Super Bowl XXIII, which ended in a close defeat. After nine years in Cincinnati, Esiason spent three seasons with the Jets and one season with the Cardinals before returning to the Bengals for his final season in 1997. Since retiring from football, Esiason has worked as a football analyst for CBS Sports on ''The NFL Today'' and ...
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David Portnoy
David Portnoy (born March 22, 1977) is an American internet celebrity, blogger, and founder of the sports and pop culture blog Barstool Sports. Early life Portnoy grew up in Swampscott, Massachusetts. He is Jewish and had a Bar Mitzvah. He attended Swampscott High School and one of his high school classmates was ESPN's Todd McShay. He began attending the University of Michigan in 1995 and graduated with a degree in education. While at Michigan, Portnoy founded thegamblingman.com, a website where he published his sports betting picks. Career After graduating from the University of Michigan in 1999, Portnoy moved to Boston and began working at Yankee Group, an IT market research firm. Barstool Sports After four years, Portnoy left the Yankee Group and founded Barstool Sports in 2003. The early iteration of Barstool was a four-page sports newspaper that Portnoy handed out on subway platforms and street corners in Boston. The paper was meant to appeal to young men and ...
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Barstool Sports
Barstool Sports is an American blog website and digital media company headquartered in New York City that produces content on sports and pop culture. Founded by David Portnoy in 2003 in Milton, Massachusetts, the company's two primary owners are The Chernin Group and Penn Entertainment. History Barstool began in 2003 as a print publication which was distributed in the Boston metropolitan area and offered gambling advertisements and fantasy sports projections, but later expanded to encompass other topics. It launched on the internet in 2007. In April 2014, AOL announced that they would be airing exclusive online content from Barstool Sports. Purchase On January 7, 2016, Portnoy announced in an "emergency press conference" in Times Square that The Chernin Group had purchased a majority stake (51%) of Barstool Sports and the site would be moving its headquarters to New York City. Background Chernin Group president of digital Mike Kerns appeared on the inaugural episode of Por ...
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GameStop Short Squeeze
In January 2021, a short squeeze of the stock of the American video game retailer GameStop () and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. Approximately 140 percent of GameStop's public float had been sold short, and the rush to buy shares to cover those positions as the price rose caused it to rise even further. The short squeeze was initially and primarily triggered by users of the subreddit r/wallstreetbets, an Internet forum on the social news website Reddit, although a number of hedge funds also participated. At its height, on January 28, the short squeeze caused the retailer's stock price to reach a pre-market value of over US$500 per share ($125 split-adjusted), nearly 30 times the $17.25 valuation at the beginning of the month. The price of many other heavily shorted securities and cryptocurrencies also increased. On January 28, some brokerages, particularly app-based brokerage servi ...
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The New Yorker
''The New Yorker'' is an American weekly magazine featuring journalism, commentary, criticism, essays, fiction, satire, cartoons, and poetry. Founded as a weekly in 1925, the magazine is published 47 times annually, with five of these issues covering two-week spans. Although its reviews and events listings often focus on the Culture of New York City, cultural life of New York City, ''The New Yorker'' has a wide audience outside New York and is read internationally. It is well known for its illustrated and often topical covers, its commentaries on popular culture and eccentric American culture, its attention to modern fiction by the inclusion of Short story, short stories and literary reviews, its rigorous Fact-checking, fact checking and copy editing, its journalism on politics and social issues, and its single-panel cartoons sprinkled throughout each issue. Overview and history ''The New Yorker'' was founded by Harold Ross and his wife Jane Grant, a ''The New York Times, N ...
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Mathew Martoma
Mathew Martoma (born May 18, 1974, as Ajai Mathew Mariamdani Thomas) is an American former hedge fund trader. As a portfolio manager at S.A.C. Capital Advisors, he was accused of generating possibly the largest single insider trading transaction profit in history at a value of $276 million. A jury convicted him, and in November 2014 he began serving a nine-year prison sentence. He was incarcerated at FCI Miami as inmate 01138-104, and released early on 19 July 2021. Early life Martoma was born in Michigan and grew up in Merritt Island, Florida. His mother, Lizzie, is a doctor and his father, Bobby (formerly Cochukattil Thomas), owns a dry cleaning and laundry company. Both are immigrants from India. He graduated from Merritt Island High School in 1992. He graduated from Duke University and then attended Harvard Law School but was expelled in 1999 for grade manipulation and dishonesty. He had used computer software to create a fake transcript with better grades which he then se ...
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Pierre N
Pierre is a masculine given name. It is a French form of the name Peter. Pierre originally meant "rock" or "stone" in French (derived from the Greek word πέτρος (''petros'') meaning "stone, rock", via Latin "petra"). It is a translation of Aramaic כיפא (''Kefa),'' the nickname Jesus gave to apostle Simon Bar-Jona, referred in English as Saint Peter. Pierre is also found as a surname. People with the given name * Abbé Pierre, Henri Marie Joseph Grouès (1912–2007), French Catholic priest who founded the Emmaus Movement * Monsieur Pierre, Pierre Jean Philippe Zurcher-Margolle (c. 1890–1963), French ballroom dancer and dance teacher * Pierre (footballer), Lucas Pierre Santos Oliveira (born 1982), Brazilian footballer * Pierre, Baron of Beauvau (c. 1380–1453) * Pierre, Duke of Penthièvre (1845–1919) * Pierre, marquis de Fayet (died 1737), French naval commander and Governor General of Saint-Domingue * Prince Pierre, Duke of Valentinois (1895–1964), father ...
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