W. S. Silkworth
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W. S. Silkworth
William Sylvester Silkworth (October 28, 1884 – April 1971), referred to in the U.S. press as "W. S. Silkworth", was an American financier known being president of the Consolidated Stock Exchange of New York and being forced to resign because of scandal. starting in 1919. He was also a sport shooter who competed in the 1924 Summer Olympics. In 1924, he won the gold medal as member of the American team in the team clay pigeons competition. Silkworth aggressively and successfully pursued new business for the exchange, and his career as president reached its peak in February 1922, when all trading records at the exchange were broken, ensuring that "Silkworth, not YSE presidentMcCormick, was the talk of Wall Street." Silkworth resigned on June 21, 1923, after an investigation into Consolidated insider corruption discovered irregularities in his personal finances. He later did time for mail fraud. By 1926, Silkworth was best known internationally as a member of the Olympic ...
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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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Little Board
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 New York Stock Exchange Building, 18 Broad Street, and finally to the "Bond Room" of the New York Stock Exchange at 16 New S ...
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Westchester County
Westchester County is located in the U.S. state of New York. It is the seventh most populous county in the State of New York and the most populous north of New York City. According to the 2020 United States Census, the county had a population of 1,004,456, an increase of 55,344 (5.8%) from the 949,113 counted in 2010. Located in the Hudson Valley, Westchester covers an area of , consisting of six cities, 19 towns, and 23 villages. Established in 1683, Westchester was named after the city of Chester, England. The county seat is the city of White Plains, while the most populous municipality in the county is the city of Yonkers, with 211,569 residents per the 2020 U.S. Census. The annual per capita income for Westchester was $67,813 in 2011. The 2011 median household income of $77,006 was the fifth-highest in New York (after Nassau, Putnam, Suffolk, and Rockland counties) and the 47th highest in the United States. By 2014, the county's median household income had risen to $83,4 ...
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Court Of Appeals
A court of appeals, also called a court of appeal, appellate court, appeal court, court of second instance or second instance court, is any court of law that is empowered to hear an appeal of a trial court or other lower tribunal. In much of the world, court systems are divided into at least three levels: the trial court, which initially hears cases and reviews evidence and testimony to determine the facts of the case; at least one intermediate appellate court; and a supreme court (or court of last resort) which primarily reviews the decisions of the intermediate courts, often on a discretionary basis. A particular court system's supreme court is its highest appellate court. Appellate courts nationwide can operate under varying rules. Under its standard of review, an appellate court decides the extent of the deference it would give to the lower court's decision, based on whether the appeal were one of fact or of law. In reviewing an issue of fact, an appellate court ordinaril ...
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Peter F
Peter may refer to: People * List of people named Peter, a list of people and fictional characters with the given name * Peter (given name) ** Saint Peter (died 60s), apostle of Jesus, leader of the early Christian Church * Peter (surname), a surname (including a list of people with the name) Culture * Peter (actor) (born 1952), stage name Shinnosuke Ikehata, Japanese dancer and actor * ''Peter'' (album), a 1993 EP by Canadian band Eric's Trip * ''Peter'' (1934 film), a 1934 film directed by Henry Koster * ''Peter'' (2021 film), Marathi language film * "Peter" (''Fringe'' episode), an episode of the television series ''Fringe'' * ''Peter'' (novel), a 1908 book by Francis Hopkinson Smith * "Peter" (short story), an 1892 short story by Willa Cather Animals * Peter, the Lord's cat, cat at Lord's Cricket Ground in London * Peter (chief mouser), Chief Mouser between 1929 and 1946 * Peter II (cat), Chief Mouser between 1946 and 1947 * Peter III (cat), Chief Mouser between 1947 a ...
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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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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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Financial Panic
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults. Financial crises directly result in a loss of paper wealth but do not necessarily result in significant changes in the real economy (e.g. the crisis resulting from the famous tulip mania bubble in the 17th century). Many economists have offered theories about how financial crises develop and how they could be prevented. There is no consensus, however, and financial crises continue to occur from time to time. Types Banking crisis When a bank suffers a sudden rush of withdrawals by depositors, this is called a ''bank run''. Si ...
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Fuller Investigation
''E. M. Fuller and Co. bankruptcy trial'', or the ''Fuller case'', was a criminal trial referring to the prosecution of Edward M. Fuller and William F. McGee for using their brokerage firm E. M. Fuller and Co. as a " bucket shop" in the early 1920s. United States Attorney William Hayward was assisted in the case by assistant US Attorney John E. Joyce. The case started when the firm went bankrupt in 1922, and creditors petitioned to recover assets from E. M. Fuller & Co., as the assets "mysteriously disappeared" when the firm went bankrupt. Ultimately Fuller and McGee pled guilty, and were convicted of operating a bucketshop in connection with E.M. Fuller Co., for defrauding its customers around $4,000,000 by bucketing the orders of customers. The case also resulted in trials for high-profile New Yorkers such as Consolidated Exchange president William S. Silkworth, attorney William J. Fallon, sports broker Charles A. Stoneham, and gambler Arnold Rothstein. History 1922: Bankru ...
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