Samuel Wyly
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Samuel Wyly
Samuel Evans Wyly (born October 4, 1934) is an American businessman. He first appeared on ''Forbes''s list of richest Americans in 2000 with a net worth of $750 million, and he remained on that list throughout 2010 with a net worth of $1 billion. His initial wealth was acquired following the public offering of University Computing Company. His recent wealth stems from ownership stakes from Sterling Software and Michael's, an American art supply store. In 2010 following a series of investigations, Wyly was charged with federal tax fraud by the SEC and IRS. Following his settlement with federal authorities, and declared bankruptcy in 2014. Early life and education Sam Wyly was born in 1934, to parents Flora and Charles Wyly Sr. of Lake Providence, Louisiana. His ancestors included Presbyterian and Episcopalian ministers, college founders, and teachers. Wyly's paternal grandfather was a lawyer who managed plantation assets and helped poor Black convicts get paroled from Ango ...
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Lake Providence, Louisiana
Lake Providence is a town in, and the parish seat A county seat is an administrative center, seat of government, or capital city of a county or civil parish. The term is in use in Canada, China, Hungary, Romania, Taiwan, and the United States. The equivalent term shire town is used in the US st ... of, East Carroll Parish, Louisiana, East Carroll Parish in northeastern Louisiana. The population was 5,104 at the 2000 United States Census, 2000 census and declined by 21.8 percent to 3,991 in 2010 United States Census, 2010. The town's poverty rate is approximately 55 percent; the average median household income is $16,500, and the average age is 31. The town shares its name with the oxbow lake of the Mississippi River, also called Lake Providence. This area was historically developed as cotton plantations before and after the Civil War, and remains largely rural. The Union Army developed a supply depot near the lake during the Civil War, and its camp was crowded with refugee slav ...
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Ponderosa/Bonanza Steakhouse
Ponderosa Steakhouse and Bonanza Steakhouse are a chain of buffet/steakhouse restaurants that are a part of Homestyle Dining LLC based in Plano, Texas. Its menu includes steaks, seafood, and chicken entrées, all of which come with their buffet for a nominal charge. A lunch menu is also served. Unlike other chains with two names, such as Checkers and Rally's, which uses only one of the names in a given region, restaurants in a given region could be named either Bonanza or Ponderosa. This is because Bonanza and Ponderosa were separate companies, which were later merged under the Metromedia Restaurant Group. The names of the restaurants were derived from the TV series ''Bonanza'', which was set at a place called Ponderosa Ranch. History In 1963, Dan Blocker, who played Eric "Hoss" Cartwright on ''Bonanza'', started the Bonanza Steakhouse chain. The first Bonanza opened in Westport, Connecticut. Sam Wyly and his brother Charles Wyly bought the small Bonanza restaurant chain ...
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Richard Nixon 1968 Presidential Campaign
The 1968 presidential campaign of Richard Nixon, the 36th vice president of the United States, began when Nixon, the Republican nominee of 1960, formally announced his candidacy, following a year's preparation and five years' political reorganization after defeats in the 1960 presidential election and the 1962 California gubernatorial election. ''En route'' to the Republican Party's presidential nomination, Nixon faced challenges from Governor George Romney of Michigan, Governor Nelson Rockefeller of New York, Governor Ronald Reagan of California, and Senator Charles Percy of Illinois. Nixon won nine of the thirteen state primaries held that season, although due to the population of his state, Governor Reagan won the popular vote while carrying only California. These victories, along with pledged delegate support from states not holding primaries, secured Nixon the nomination on the first ballot of the Republican National Convention, where he named Governor Spiro Agnew of ...
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Rust Belt States
Rust is an iron oxide, a usually reddish-brown oxide formed by the reaction of iron and oxygen in the catalytic presence of water or air moisture. Rust consists of hydrous iron(III) oxides (Fe2O3·nH2O) and iron(III) oxide-hydroxide (FeO(OH), Fe(OH)3), and is typically associated with the corrosion of refined iron. Given sufficient time, any iron mass, in the presence of water and oxygen, could eventually convert entirely to rust. Surface rust is commonly flaky and friable, and provides no passivational protection to the underlying iron, unlike the formation of patina on copper surfaces. ''Rusting'' is the common term for corrosion of elemental iron and its alloys such as steel. Many other metals undergo similar corrosion, but the resulting oxides are not commonly called "rust". Several forms of rust are distinguishable both visually and by spectroscopy, and form under different circumstances. Other forms of rust include the result of reactions between iron and chloride in ...
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Green Mountain Energy
Green Mountain Energy Company is a United States company that sells electricity products, carbon offsets, and sustainable energy. History In August 1997, Green Mountain Energy was founded in Vermont as an offshoot of Green Mountain Power to take advantage of the deregulation of the Texas electricity market. In September 2000, the company moved its headquarters to Austin, Texas. In January 2002, Green Mountain began serving the Texas market and was the first to offer alternative energy in the state. In August 2009, Green Mountain Energy expanded to New York City, serving those in the Con Edison service territory. In November 2010, Green Mountain Energy was acquired by NRG Energy for $350 million. Green Mountain Energy operated as a standalone subsidiary of NRG, but now operates as one of NRG's brands. In May 2009, the company launched a "Renewable Rewards" Buy-Back program, which credits customers with renewable generation facilities in their homes for excess energy their fac ...
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Lee Ainslie
Lee S. Ainslie III is the head of hedge fund Maverick Capital. He is a value investor that is particularly known for his investments in the technology sector. Early life and education Ainslie's father was headmaster of Episcopal High School, a private school in Alexandria, Virginia from which Ainslie graduated. Ainslie holds a bachelor's degree from the University of Virginia and an MBA from the University of North Carolina at Chapel Hill Kenan–Flagler Business School. Career Prior to joining Maverick, Ainslie worked at Tiger Management Corp,
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Bain Capital
Bain Capital is an American private investment firm based in Boston. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, and real estate. Bain Capital invests across a range of industry sectors and geographic regions. As of 2022, the firm managed approximately $160 billion of investor capital. The firm was founded in 1984 by partners from the consulting firm Bain & Company. The company is headquartered at 200 Clarendon Street in Boston with 22 offices in North America, Europe, Asia, and Australia. Since its establishment it has invested in or acquired hundreds of companies, including AMC Theatres, Artisan Entertainment, Aspen Education Group, Apex Tool Group, Brookstone, Burger King, Burlington Coat Factory, Canada Goose, DIC Entertainment, Domino's Pizza, DoubleClick, Dunkin' Donuts, D&M Holdings, Guitar Center, Hospital Corporation of America (HCA), iHeartMedia, ITP Aero, KB Toys, Sealy, Sports Authority, Staples, T ...
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Mainframe Computer
A mainframe computer, informally called a mainframe or big iron, is a computer used primarily by large organizations for critical applications like bulk data processing for tasks such as censuses, industry and consumer statistics, enterprise resource planning, and large-scale transaction processing. A mainframe computer is large but not as large as a supercomputer and has more processing power than some other classes of computers, such as minicomputers, servers, workstations, and personal computers. Most large-scale computer-system architectures were established in the 1960s, but they continue to evolve. Mainframe computers are often used as servers. The term ''mainframe'' was derived from the large cabinet, called a ''main frame'', that housed the central processing unit and main memory of early computers. Later, the term ''mainframe'' was used to distinguish high-end commercial computers from less powerful machines. Design Modern mainframe design is characterized less b ...
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Sterling Software
Sterling Software was an American software company founded in Dallas, Texas in 1981 by Sterling Williams and brothers Sam and Charles Wyly. The company was acquired by Computer Associates International in 2000 in a stock-for-stock transaction worth $3.3 billion. Computer Associates sold Sterling Software's Federal Systems Group to Northrop Grumman in 2000. It was known for its aggressive acquisitions, most notably the hostile take-over of Informatics General Corporation in 1985. Informatics was one of the first established software and services companies. It developed the MARK-IV Fourth-generation programming language in the 1960s. MARK-IV became the first software package exceeding $1 million in revenue, after IBM was forced in 1969 to unbundle software from their hardware. Helped by financing and counseled by Werner Frank, one of Informatics' founders who had left this company a year before, Sterling Software started the hostile take over by offering to shareholders an ...
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George H
George may refer to: People * George (given name) * George (surname) * George (singer), American-Canadian singer George Nozuka, known by the mononym George * George Washington, First President of the United States * George W. Bush, 43rd President of the United States * George H. W. Bush, 41st President of the United States * George V, King of Great Britain, Ireland, the British Dominions and Emperor of India from 1910-1936 * George VI, King of Great Britain, Ireland, the British Dominions and Emperor of India from 1936-1952 * Prince George of Wales * George Papagheorghe also known as Jorge / GEØRGE * George, stage name of Giorgio Moroder * George Harrison, an English musician and singer-songwriter Places South Africa * George, Western Cape ** George Airport United States * George, Iowa * George, Missouri * George, Washington * George County, Mississippi * George Air Force Base, a former U.S. Air Force base located in California Characters * George (Peppa Pig), a 2-year-old ...
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Bob Strauss
Robert Schwarz Strauss (October 19, 1918 – March 19, 2014) was an influential figure in American politics, diplomacy, and law whose service dated back to future President Lyndon Johnson's first congressional campaign in 1937. By the 1950s, he was associated in Texas politics with the faction of the Democratic Party that was led by Johnson and John Connally. He served as the Chairman of the Democratic National Committee between 1972 and 1977 and served under President Jimmy Carter as the U.S. Trade Representative and special envoy to the Middle East. He later served as the Ambassador to Russia under President George H.W. Bush. Strauss also served as the last United States Ambassador to the Soviet Union. An accomplished lawyer, Strauss founded the law firm now known as Akin Gump Strauss Hauer & Feld in 1945, which had grown to be one of the largest in the world with offices in 15 cities and employing over 900 lawyers and professionals worldwide. His business activities included ...
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