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National Mortgage News
''National Mortgage News'' is a digital media website covering the mortgage sector in the United States. Its editor-in-chief is Heidi Patalano. ''National Mortgage News'' is owned by Arizent. History ''National Mortgage Newss predecessor, ''National Thrift News'', was founded in 1976 by Stan Strachan, Wesley Lindow, and John R. Glynn. In 1988 ''National Thrift News'' won the Polk Award in Financial Reporting for its coverage of the savings and loan crisis; in September 1987 it had been the first media outlet to break the Keating Five story. p. 185. In 1989, it was the first to report on political considerations having delayed the closing of the Neil Bush-directed Silverado Savings and Loan in Denver. Subsequently, as thrift institutions began failing, it changed its name to ''National Thrift and Mortgage News'', and then in 1992 to ''National Mortgage News''. In 1995 Faulkner and Gray, which itself was part of the Thomson Corporation, acquired ''National Mortgage News''. Stan Stra ...
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State Street (Manhattan)
State Street is a short street in the Financial District of Manhattan, New York City. It runs west from Whitehall Street as a continuation of Water Street, then turns north at Battery Park to become its eastern border. Passing Pearl and Bridge Streets, it terminates at the northeast corner of the park, at Bowling Green, where the roadway continues north as Broadway and west as Battery Place. State Street approximates the original waterline of the island before landfill expanded it. Transportation The serve State Street in its entirety, while the runs east of Peter Minuit Plaza, accessing the South Ferry Bus Loop. The Local does not serve any portion. History According to the Castello Plan of 1660, the original fort built by Dutch settlers for New Amsterdam, Fort Amsterdam, was located where State Street is now. In 1790, the State House or Government House was built on the site of the fort. The street was originally called "Copsey Street" after the Native American vil ...
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Random House
Random House is an imprint and publishing group of Penguin Random House. Founded in 1927 by businessmen Bennett Cerf and Donald Klopfer as an imprint of Modern Library, it quickly overtook Modern Library as the parent imprint. Over the following decades, a series of acquisitions made it into one of the largest publishers in the United States. In 2013, it was merged with Penguin Group to form Penguin Random House, which is owned by the Germany-based media conglomerate Bertelsmann. Penguin Random House uses its brand for Random House Publishing Group and Random House Children's Books, as well as several imprints. Company history 20th century Random House was founded in 1927 by Bennett Cerf and Donald Klopfer, two years after they acquired the Modern Library imprint from publisher Horace Liveright, which reprints classic works of literature. Cerf is quoted as saying, "We just said we were going to publish a few books on the side at random", which suggested the name Random ...
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Mortgage Industry Of The United States
The mortgage industry of the United States is a major financial sector. The federal government created several programs, or government sponsored entities, to foster mortgage lending, construction and encourage home ownership. These programs include the Government National Mortgage Association (known as Ginnie Mae), the Federal National Mortgage Association (known as Fannie Mae) and the Federal Home Loan Mortgage Corporation (known as Freddie Mac). The subprime mortgage crisis was one of the first indication of the 2008 financial crisis, characterized by a rise in subprime mortgage delinquencies and foreclosures, and the resulting decline of securities backing said mortgages. The earlier savings and loan crisis of the 1980s and 1990s and the national mortgage crisis of the 1930s also arose primarily from unsound mortgage lending. The mortgage crisis has led to a rise in foreclosures, leading to the 2010 United States foreclosure crisis. Mortgage lenders Mortgage lending ...
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C-level
Corporate titles or business titles are given to corporate officers to show what duties and responsibilities they have in the organization. Such titles are used by publicly and privately held for-profit corporations, cooperatives, non-profit organizations, educational institutions, partnerships, and sole proprietorships that also confer corporate titles. Variations There are considerable variations in the composition and responsibilities of corporate titles. Within the corporate office or corporate center of a corporation, some corporations have a chairman and chief executive officer (CEO) as the top-ranking executive, while the number two is the president and chief operating officer (COO); other corporations have a president and CEO but no official deputy. Typically, senior managers are "higher" than vice presidents, although many times a senior officer may also hold a vice president title, such as executive vice president and chief financial officer (CFO). The board of direct ...
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SourceMedia
Arizent, formerly known as SourceMedia, is a diversified business-to-business digital media company owned by Observer Capital, which acquired the company from Investcorp in August 2014. Formerly the Thomson Media division of The Thomson Corporation, SourceMedia was spun off and sold by Thomson to Investcorp in 2004 for $350 million. Headquarters Based in New York City, SourceMedia has offices in the Washington suburb of Arlington, Virginia and Atlanta. In 2009, Investcorp split the company into two, creating Accuity as a semi-autonomous unit within SourceMedia. Accuity was the Registrar of Routing Numbers for the American Bankers Association, responsible for the assignment of routing numbers for banks in the United States, and was a leading worldwide provider of payment routing data, software and services. In 2011, Accuity was sold to Reed Elsevier for $530 million. In February 2012, SourceMedia announced the adoption of a new company logo. The company's "new trademark icon de ...
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Investcorp
Investcorp is a global manager of alternative investment products, for private and institutional clients. Founded in Bahrain in 1982, the firm has offices in United States, United Kingdom, Saudi Arabia, Qatar, United Arab Emirates, India, China, Japan, and Singapore. Investcorp's principal client base is in the six countries of the Gulf Cooperation Council, but it also has a growing base of institutional clients in North America, Europe, and Asia. The group's biggest external shareholder is Mubadala Investment Company, a $229 billion Abu Dhabi sovereign wealth fund, which has a stake of 20 percent. The company's main activities include private equity, real estate, and credit management, and has $50 billion worth of assets under management, as of April 2023.   Investcorp has 7 asset classes which include private equity, real estate, credit, absolute return strategies, GP stakes, infrastructure, and insurance asset management. History The company was co-founded in 1982 by Ne ...
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Thomson Corporation
Thomson Corporation was one of the world's largest information companies. It was established in 1989 following a merger between International Thomson Organization and Thomson Newspapers. In 2008, it purchased Reuters Group to form Thomson Reuters. The Thomson Corporation was active in financial services, healthcare sectors, law, science and technology research, as well as tax and accounting sectors. The company operated through five segments (2007 onwards): Thomson Financial, Thomson Healthcare, Thomson Legal, Thomson Scientific and Thomson Tax & Accounting. Until 2007, Thomson was also a major worldwide provider of higher education textbooks, academic information solutions and reference materials. On 26 October 2006, Thomson announced the proposed sale of its Thomson Learning assets. In May 2007, Thomson Learning was acquired by Apax Partners and subsequently renamed Cengage Learning in July. The Thomson Learning brand was used to the end of August 2007. Subsequently, on ...
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The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ...
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Neil Bush
Neil Mallon Bush (born January 22, 1955) is an American businessman and investor. He is the fourth of six children of former president George H. W. Bush and Barbara Bush (née Pierce). His five siblings are George W. Bush; Jeb Bush, a former governor of Florida; the late Pauline Robinson Bush; Marvin Bush; and Dorothy Bush Koch. Early life and education Neil Bush was born on January 22, 1955, in Midland, Texas. Bush was named after a good friend of the family, Henry Neil Mallon, chairman of Dresser Industries, George H. W. Bush's employer. As a child, Bush spent some summers and holidays at his family's estate in Maine, the Bush compound. At age 11, he enrolled in the exclusive St. Albans School in Washington, D.C. He struggled through school; a counselor told his mother that he was doubtful the boy had the potential to graduate. He was later diagnosed as having dyslexia, and his mother spent much time assisting him with his learning disability. Eventually, his grades imp ...
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Worth The Fighting For
''Worth the Fighting For'' is a 2002 book by John McCain with Mark Salter. Published by Random House, it is part autobiography, part mini-biographies of others. The book picks up where McCain's first memoir, '' Faith of My Fathers'' (1999), left off, with his return to the United States following his release as a prisoner of war in North Vietnam. The first part briefly covers the balance of his final years in the Navy until his 1981 retirement. The second part covers his congressional career in greater detail, first in the House of Representatives and later in the Senate. It concludes with his unsuccessful 2000 presidential campaign and some mentions of the September 11, 2001 attacks. Interspersed with the autobiographical content are extended vignettes of various figures whom McCain had been inspired by, with treatments sometimes up to ten or more pages in length. These subjects range from historical presences such as Theodore Roosevelt, to more contemporaneous politicians su ...
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New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive with a respective county. The city is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the United States by both population and urban area. New York is a global center of finance and commerce, culture, technology, entertainment and media, academics, and scientific output, the arts and fashion, and, as home to the headquarters of the United Nations, international diplomacy. With an estimated population in 2024 of 8,478,072 distributed over , the city is the most densely populated major city in the United States. New York City has more than double the population of Los Angeles, the nation's second-most populous city.
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Keating Five
File:AlanCranston.jpg, Alan Cranston (D-CA) File:Dennis DeConcini.jpg, File:John Glenn Low Res.jpg, John Glenn (D-OH) File:McCain2 (1).jpg, John McCain (R-AZ) File:Riegle2.jpg, Donald Riegle (D-MI) The Keating Five were five United States Senate, United States Senators accused of Political corruption, corruption in 1989, igniting a major political scandal as part of the larger savings and loan crisis of the late 1980s and early 1990s. The five senators—Alan Cranston (Democratic Party (United States), Democrat of California), Dennis DeConcini (Democrat of Arizona), John Glenn (Democrat of Ohio), John McCain (Republican Party (United States), Republican of Arizona), and Donald W. Riegle, Jr. (Democrat of Michigan)—were accused of improperly intervening in 1987 on behalf of Charles Keating, Charles H. Keating, Jr., chairman of the Lincoln Savings and Loan Association, which was the target of a regulatory investigation by the Federal Home Loan Bank Board (FHLBB). The FHLBB sub ...
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