Vincent Palermo
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Vincent Palermo
Vincent "Vinny Ocean" Palermo (born June 4, 1944) is an Italian American former mobster who was ''de facto'' boss of the New Jersey DeCavalcante crime family before becoming a government witness in 1999. Fictional mob boss Tony Soprano, the protagonist of the HBO series ''The Sopranos'', is said to be based upon Palermo. He also owned a strip club called Wiggles, which was the inspiration behind the show's Bada Bing! strip club. Background Palermo was raised in a traditional Italian American family in Brooklyn, New York. He was an in-law by marriage to Nicholas Delmore, the former head of the New Jersey crime family whose nephew was Simone DeCavalcante, also a New Jersey mob family leader whose daughter he married. He has five sisters, including Claire and Nancy, and one brother. His father was an Italian immigrant who moved to New York when he was a teenager. Palermo came from a close-knit family, and was said to have lived a harmonious lifestyle. He was an altar boy during ad ...
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Italian American
Italian Americans ( it, italoamericani or ''italo-americani'', ) are Americans who have full or partial Italian ancestry. The largest concentrations of Italian Americans are in the urban Northeast and industrial Midwestern metropolitan areas, with significant communities also residing in many other major US metropolitan areas. Between 1820 and 2004 approximately 5.5 million Italians migrated from Italy to the United States, in several distinct waves, with the greatest number arriving in the 20th century from Southern Italy. Initially, many Italian immigrants (usually single men), so-called “birds of passage”, sent remittance back to their families in Italy and, eventually, returned to Italy; however, many other immigrants eventually stayed in the United States, creating the large Italian-American communities that exist today. In 1870, prior to the large wave of Italian immigrants to the United States, there were fewer than 25,000 Italian immigrants in America, many of t ...
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Godparent
In infant baptism and denominations of Christianity, a godparent (also known as a sponsor, or '' gossiprede'') is someone who bears witness to a child's christening and later is willing to help in their catechesis, as well as their lifelong spiritual formation. In the past, in some countries, the role carried some legal obligations as well as religious responsibilities. In both religious and civil views, a godparent tends to be an individual chosen by the parents to take an interest in the child's upbringing and personal development, to offer mentorship or claim legal guardianship of the child if anything should happen to the parents. A male godparent is a godfather, and a female godparent is a godmother. The child is a godchild (i.e. godson for boys and goddaughter for girls). Christianity Origins and history As early as the 2nd century AD, infant baptism had begun to gain acceptance among Catholic Christians for the spiritual purification and social initiation of infa ...
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Crime Boss
A crime boss, also known as a crime lord, Don, gang lord, gang boss, mob boss, kingpin, godfather, crime mentor or criminal mastermind, is a person in charge of a criminal organization. Description A crime boss typically has absolute or nearly absolute control over the other members of the organization and is often greatly feared or respected for their cunning, strategy, and/or ruthlessness and willingness to take lives to exert their influence and profits from the criminal endeavors in which the organization engages.Manning, George A. ''Financial Investigation and Forensic Accounting.'' Boca Raton, Fla.: CRC Press, 2005. Some groups may only have as little as two ranks (a crime boss and their soldiers). Other groups have a more complex, structured organization with many ranks, and structure may vary with cultural background. Organized crime enterprises originating in Sicily differ in structure from those in mainland Italy. American groups may be structured differently from ...
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Indictment
An indictment ( ) is a formal accusation that a legal person, person has committed a crime. In jurisdictions that use the concept of felony, felonies, the most serious criminal offence is a felony; jurisdictions that do not use the felonies concept often use that of an indictable offence, an offence that requires an indictment. Australia Section 80 of the Constitution of Australia provides that "the trial on indictment of any offence against any law of the Commonwealth shall be by jury". The High Court of Australia has consistently used a narrow interpretation of this clause, allowing the Parliament of Australia to define which offences proceed on indictment rather than conferring a universal right to a jury trial. Section 4G of the ''Crimes Act 1914'' provides that "offences against a law of the Commonwealth punishable by imprisonment for a period exceeding 12 months are indictable offences, unless the contrary intention appears". Canada A direct indictment is one in which the ca ...
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Goldman Sachs
Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, Dallas and Salt Lake City, and additional offices in other international financial centers. Goldman Sachs is the second largest investment bank in the world by revenue and is ranked 57th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important financial institution by the Financial Stability Board. The company has been criticized for a lack of ethical standards, working with dictatorial regimes, close relationships with the U.S. federal government via a "revolving door" of former employees, and driving up prices of commodities through futures speculation. While the company has appeared on the 100 Best Companies to Work For list compiled by ''Fortune'' ...
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Stockbroker
A stockbroker is a regulated broker, broker-dealer, or registered investment adviser (in the United States) who may provide financial advisory and investment management services and execute transactions such as the purchase or sale of stocks and other investments to financial market participants in return for a commission, markup, or fee, which could be based on a flat rate, percentage of assets, or hourly rate. The term also refers to financial companies, offering such services. Examples of professional designations held by individuals in this field, which affects the types of investments they are permitted to sell and the services they provide include chartered financial consultants, certified financial planners or chartered financial analysts (in the United States and UK), chartered strategic wealth professionals (in Canada), chartered financial planners (in the UK). The Financial Industry Regulatory Authority provides an online tool designed to help understand professio ...
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Fordham University
Fordham University () is a Private university, private Jesuit universities, Jesuit research university in New York City. Established in 1841 and named after the Fordham, Bronx, Fordham neighborhood of the The Bronx, Bronx in which its original campus is located, Fordham is the oldest Catholic Church, Catholic and Society of Jesus, Jesuit university in the northeastern United States and the third-oldest university in New York (state), New York State. Founded as St. John's College by John Hughes (archbishop), John Hughes, then a coadjutor bishop of New York, the college was placed in the care of the Society of Jesus shortly thereafter, and has since become a Association of Jesuit Colleges and Universities, Jesuit-affiliated independent school under a laity, lay board of trustees. The college's first president, John McCloskey, was later the first Catholic Cardinal (Catholic Church), cardinal in the United States. While governed independently of the church since 1969, every List o ...
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Alimony
Alimony, also called aliment (Scotland), maintenance (England, Ireland, Northern Ireland, Wales, Canada, New Zealand), spousal support (U.S., Canada) and spouse maintenance (Australia), is a legal obligation on a person to provide financial support to their spouse before or after marital separation or divorce. The obligation arises from the divorce law or family law of each country. In most jurisdictions, it is distinct from child support, where, after divorce, one parent is required to contribute to the support of their children by paying money to the child's other parent or guardian. Etymology The term alimony comes from the Latin word '' alimōnia'' ("nourishment, sustenance", from ''alere,'' "to nourish"), from which the terms alimentary (of, or relating to food, nutrition, or digestion), and aliment (a Scots Law rule regarding sustenance to assure the wife's lodging, food, clothing, and other necessities after divorce) are also derived. History The Code of Hammurabi (1754 ...
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Social Security (United States)
In the United States, Social Security is the commonly used term for the federal Old-Age, Survivors, and Disability Insurance (OASDI) program and is administered by the Social Security Administration (SSA). The original Social Security Act was enacted in 1935,Social Security Act of 1935 and the current version of the Act, as amended, 2 USC 7 encompasses several social welfare and social insurance programs. The average monthly Social Security benefit for August 2022 was $1,547. The total cost of the Social Security program for the year 2021 was $1.145 trillion or about 5 percent of U.S. GDP. Social Security is funded primarily through payroll taxes called Federal Insurance Contributions Act tax (FICA) or Self Employed Contributions Act Tax (SECA). Wage and salary earnings in covered employment, up to an amount specifically determined by law (see tax rate table below), are subject to the Social Security payroll tax. Wage and salary earnings above this amount are not taxed. I ...
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Italian-American
Italian Americans ( it, italoamericani or ''italo-americani'', ) are Americans who have full or partial Italian ancestry. The largest concentrations of Italian Americans are in the urban Northeast and industrial Midwestern metropolitan areas, with significant communities also residing in many other major US metropolitan areas. Between 1820 and 2004 approximately 5.5 million Italians migrated from Italy to the United States, in several distinct waves, with the greatest number arriving in the 20th century from Southern Italy. Initially, many Italian immigrants (usually single men), so-called “birds of passage”, sent remittance back to their families in Italy and, eventually, returned to Italy; however, many other immigrants eventually stayed in the United States, creating the large Italian-American communities that exist today. In 1870, prior to the large wave of Italian immigrants to the United States, there were fewer than 25,000 Italian immigrants in America, many of th ...
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Tax Lien
A tax lien is a lien which is imposed upon a property by law in order to secure the payment of taxes. A tax lien may be imposed for the purpose of collecting delinquent taxes which are owed on real property or personal property, or it may be imposed as a result of a failure to pay income taxes or it may be imposed as a result of a failure to pay other taxes. Federal tax lien in the United States In the United States, a federal tax lien may arise in relation to any kind of federal tax, including but not limited to income tax, gift tax, or estate tax. Federal tax lien basics Internal Revenue Code section 6321 provides: ::Sec. 6321. LIEN FOR TAXES. ::If any person liable to pay any tax neglects or refuses to pay the same after demand, the amount (including any interest, additional amount, addition to tax, or assessable penalty, together with any costs that may accrue in addition thereto) shall be a lien in favor of the United States upon all property and rights to property, whet ...
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Confirmation In The Catholic Church
Confirmation, in the Catholic Church, is one of the seven sacraments. It is also one of the three sacraments of initiation into the Catholic Church, the other two being Baptism and Holy Communion. Description The ''Catechism of the Catholic Church'' states: It is evident from its celebration that the effect of the sacrament of Confirmation is the special outpouring of the Holy Spirit as once granted to the apostles on the day of Pentecost... Recall then that you have received the spiritual seal, the spirit of wisdom and understanding, the spirit of right judgment and courage, the spirit of knowledge and reverence, the spirit of holy fear in God's presence. Guard what you have received. God the Father has marked you with his sign; Christ the Lord has confirmed you and has placed his pledge, the Spirit, in your hearts. The ''Catechism of the Catholic Church'' sees the account in the Acts of the Apostles as a scriptural basis for Confirmation as a sacrament distinct from Baptism: ...
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