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  • Donald Rumsfeld | Lionbliss Research

    Overview Donald Henry Rumsfeld (July 9, 1932 – June 29, 2021) was an American politician, government official and businessman who served as Secretary of Defense from 1975 to 1977 under president Gerald Ford, and again from 2001 to 2006 under President George W. Bush.[1][2] He was both the youngest and the oldest secretary of defense.[3] Additionally, Rumsfeld was a three-term U.S. Congressman from Illinois (1963–1969), director of the Office of Economic Opportunity (1969–1970), counselor to the president (1969–1973), the U.S. Representative to NATO (1973–1974), and the White House Chief of Staff (1974–1975). Between his terms as secretary of defense, he served as the CEO and chairman of several companies. While at Princeton he was friends with another future Secretary of Defense, Frank Carlucci.[21] Rumsfeld accepted an appointment by President Richard Nixon to head the Office of Economic Opportunity in 1969; appointed counsellor by Nixon and entitled to Cabinet-level status, he also headed up the Economic Stabilization Program before being appointed ambassador to NATO. Called back to Washington in August 1974, Rumsfeld was appointed chief of staff by President Ford. Rumsfeld recruited a young one-time staffer of his, Dick Cheney, to succeed him when Ford nominated him to be Secretary of Defense in 1975. When Ford lost the 1976 election, Rumsfeld returned to private business and financial life, and was named president and CEO of the pharmaceutical corporation G. D. Searle & Company. He was later named CEO of General Instrument from 1990 to 1993 and chairman of Gilead Sciences from 1997 to 2001.

  • Charles Philip Arthur George | Charles, Prince of Wales | Lionbliss Research

    Overview Charles, Prince of Wales (Charles Philip Arthur George; born 14 November 1948), is the heir apparent to the British throne as the eldest son of Queen Elizabeth II and Prince Philip, Duke of Edinburgh. He has been heir apparent as well as Duke of Cornwall and Duke of Rothesay since 1952 and is both the oldest and the longest-serving heir apparent in British history.[2] He is the longest-serving Prince of Wales, having held the title since July 1958.[3] Upon the death of his father on 9 April 2021, Charles also inherited the title of Duke of Edinburgh.[4] Charles was born in Buckingham Palace as the first grandchild of King George VI and Queen Elizabeth. In 1981, he married Lady Diana Spencer, with whom he had two sons: Prince William and Prince Harry. In 1996, the couple divorced following well-publicised extramarital affairs by both parties. Diana died as the result of a car crash in Paris the following year. He was baptised there by the Archbishop of Canterbury, Geoffrey Fisher, on 15 December 1948.[fn 3] The death of his grandfather and the accession of his mother as Queen Elizabeth II in 1952 made Charles the heir apparent. As the monarch's eldest son, he automatically assumed the titles Duke of Cornwall, Duke of Rothesay, Earl of Carrick, Baron of Renfrew, Lord of the Isles, and Prince and Great Steward of Scotland.[16] In 1997, Charles represented the Queen at the Hong Kong handover ceremony.[65][66] At the ceremony, he read the Queen's message to Hong Kongers, which said: "Britain is part of Hong Kong's history and Hong Kong is part of Britain's history. We are also part of each other's future".[67] The Worshipful Company of Carpenters installed Charles as an Honorary Liveryman "in recognition of his interest in London's architecture."[165] The Prince of Wales is also Permanent Master of the Worshipful Company of Shipwrights, a Freeman of the Worshipful Company of Drapers, an Honorary Freeman of the Worshipful Company of Musicians, an Honorary Member of the Court of Assistants of the Worshipful Company of Goldsmiths, and a Royal Liveryman of the Worshipful Company of Gardeners.[166]

  • Leon Fraser | Lionbliss Research

    Overview There is little put together on the web for Leon Fraser, but here's a little bit. https://prabook.com/web/leon.fraser/1044934 While a graduate student at Columbia, Fraser also served on the editorial staff of the New York World (1913 - 14) and spoke on street corners for various political candidates. He enlisted in the army, in which he rose from private to major and served in the Judge Advocate General's Department of the A. E. F. in France. Upon his return, in 1920, he served briefly in the Bureau of War Risk Insurance in Washington and, the next year, as executive officer and acting director of the federal Veterans' Bureau. He then joined the Paris staff of Coudert Brothers, an international law firm which specialized in counseling American banking and industrial companies on European loans and investments. Leaving Coudert Brothers, Fraser served from 1924 to 1927 as general counsel for the Dawes plan and as Paris representative of the office of the Agent General for Reparation Payments. Three years (1927 - 30) followed as the New York correspondent of the Boston legal firm of Ropes, Gray, Boyden and Perkins. In 1930 he returned to Paris at the invitation of Owen D. Young to serve as his legal and economic expert in connection with the drafting of the Young Plan and the charter of the Bank for International Settlements. When the B. I. S. was organized in 1930, Fraser was made director and alternate of the president, Gates W. McGarrah [Supp. 2]; he was president from 1933 to 1935. During these years Fraser promoted central bank cooperation, helped develop the standstill agreements with Germany, and participated in the granting of emergency credits to the Reichsbank and to central banks in Hungary, Austria, Yugoslavia, Danzig, and the United Kingdom. His ability at the B. I. S. to reconcile divergent points of view, to obtain the harmonious cooperation of directors representing many nationalities, and to enlist the loyalty of the staff greatly advanced the cause of international monetary cooperation. Upon his return to the United States, Fraser joined the First National Bank of New York, at first as vice-president (1935 - 36) and then (from Jan. 1, 1937) as president. He nonetheless emerged as a spokesman for the banking community, and in 1941 was elected for a three-year term as a director of the Federal Reserve Bank of New York. Fraser's support of pacifist causes in the years before America's entry into World War I caused Columbia to drop him as an instructor, but when America declared war on Germany, Fraser enlisted in the Army as a private. He rose to the rank of major by the end of the war and was awarded the Distinguished Service Cross for his efforts; after the war he held a variety of administrative positions in both government and private industry, and he served as a director, trustee, chairman, and treasurer for a number of businesses and charitable organizations. Fraser and another American, Gates McGarrah, served as the first two presidents of BIS, the Bank for International Settlements. (Fraser is another anachronism in this piece: the BIS was not founded until 1930 and Fraser did not become its president until 1935, so he could not accurately have been described as "president of the Bank for International Settlements" in 1923.) In 1945, while the 55-year-old Fraser was president of First National Bank of New York, he committed suicide at his summer home in North Granville, NY. In April 1945, at fifty-five, Fraser returned to his boyhood home of North Granville and took his own life.

  • Richard Whitney | Lionbliss Research

    Overview Richard Whitney (August 1, 1888 – December 5, 1974) was an American financier, president of the New York Stock Exchange from 1930 to 1935. He was later convicted of embezzlement and imprisoned. Whitney was born on August 1, 1888 in Boston, Massachusetts. He was a son of Elizabeth Whitney, a daughter of William M. Whitney, and George Whitney Sr. His father, a descendant of John Whitney,[1][2] was president of North National Union Bank.[3] Richard and his older brother George Whitney Jr. (who later married Martha Beatrix Bacon, daughter of U.S. Secretary of State and Ambassador to France Robert Bacon) were educated at Groton School (where he was captain of the baseball team and school prefect) and Harvard University (where he was tapped for membership in the Porcellian Club).[4] Notable At the same time that Richard Whitney was achieving great success, his brother George had also prospered at Morgan bank and by 1930 had been anointed as the likely successor to bank president, Thomas W. Lamont. While Richard Whitney was assumed to be a brilliant financier, he in fact had personally been involved with speculative investments in a variety of businesses and had sustained considerable losses. To stay afloat, he began borrowing heavily from his brother George as well as other wealthy friends, and after obtaining loans from as many people as he could, turned to embezzlement to cover his mounting business losses and maintain his extravagant lifestyle. He stole funds from the New York Stock Exchange Gratuity Fund, the New York Yacht Club (where he served as the Treasurer), and $800,000 worth of bonds from his father-in-law's estate.[9] Having retired as president of the New York Stock Exchange in 1935, Whitney remained on the board of governors, but in early March 1938, his past began to catch up with him when the comptroller of the exchange reported to his superiors that he had established absolute proof that Richard Whitney was an embezzler and that his company was insolvent. Within days, events snowballed, and Whitney and his company would both declare bankruptcy. An astonished public learned of his misdeeds on March 10 when he was officially charged with embezzlement by New York County District Attorney Thomas E. Dewey. Following his indictment by a grand jury, Whitney was arrested and eventually pleaded guilty. He was sentenced to a term of five to ten years in Sing Sing prison.[10] On April 12, 1938, six thousand people turned up at Grand Central Terminal to watch as a scion of the Wall Street Establishment was escorted in handcuffs by armed guards onto a train that delivered him to prison.[11] A model prisoner, Richard Whitney was released on parole in August 1941 after serving three years and four months in Sing Sing.[12] He became the manager of a dairy farm, supervising three farmhands and twenty-five cows. In 1946, he went back into business when he became president of a textile company that made yarns from the ramie plant, which grew in Florida.[13] Family In 1916, Whitney was married to Gertrude Alison (née Sheldon) Sands (1888–1969). Gertrude, a daughter of Mary Seney Sheldon and George R. Sheldon of Brooklyn, New York, was the widow of S.S. Sands & Co. banker Samuel Steven Sands III (a son of Anne Harriman Vanderbilt and step-son of William Kissam Vanderbilt), and from her first marriage. His father-in-law had served as president of the powerful Union League Club, and Whitney became a member of a number of the city's elite social clubs and was appointed treasurer of the New York Yacht Club. In addition to her son from her first marriage, Samuel Stevens Sands IV (1911–1976), Richard and Gertrude were the parents of two daughters together: Nancy Whitney (1917–2012),[14][15] who married Henry Averell Gerry (1914–2000),[16] a son of Robert Livingston Gerry Sr. and brother of Elbridge T. Gerry Sr. and Robert L. Gerry Jr.[17][18] Alice Whitney (1919–2015), who married Screven Lorillard (1909–1979), a son of Ernest E. Lorillard and Elizabeth King (née Screven) Lorillard.[19] Lorillard was previously married to Natica Blair, a granddaughter of DeWitt Clinton Blair.[20]

  • Howard C. Hopson | Lionbliss Research

    Overview Howard Colwell Hopson (May 8, 1882 – December 22, 1949) was an American businessman who was convicted of defrauding Americans of more than $20 million (roughly 324 million dollars in 2021).[1][2] Hopson built his company, Associated Gas and Electric (AG&E) into one of the largest electricity providing companies of the era. At its peak, AG&E was the country's third largest provider of electricity, and the fifth largest holding company. Notable Content He attended the University of Wisconsin, studying under Richard T. Ely and working as an assistant to John R. Commons, in 1901, and got a master's degree at George Washington University.[5] In 1907, he was hired by the Interstate Commerce Commission. The following year, Hopson gained a law degree, and his M.A. On October 26, 1908 the New York Public Service Commission hired Hopson as a secretary of the President, five years later placing him as its head of Division of Capitalization. (From 1908-1915, he was one of the key men in New York public utility regulation.) Hopson left the Public Service Commission in 1915,[2] to open a consulting business (H.C. Hopson and Company) at 61 Broadway in New York City. His company handled the business of American Telephone & Telegraph, The Consolidated Gas Company of New York, and the Electric Bond and Share Company.[10][b] Associated Gas and Electric Company Hopson purchased, with John I. Mange, the Associated Gas and Electric Company of New York for $298,318.19.[10][c] At the time, the company served 44,000 clients and had 3.5 million dollars in earnings. American Gas and Electric was a holding company organized in 1906 that owned several other gas companies.[11][12] Ithaca Gas Light company was founded in 1852. It supplied gas to 28 customers, was formed with a capital of $75,000. It became AG&E on March 19, 1906, through the efforts of William T. Morris. At the time, it was composed of 14 different companies, with a total value of $1.2 million.[8] By 1914, those 14 companies were consolidated to four, and eventually they were united under the New York State Gas and electric corporation.[13] Several other companies both in upstate New York, Kentucky, and Tennessee made up AG&E's portfolio. When Hopson purchased a controlling interest in AG&E, he immediately began buying up more companies, expanding into Massachusetts, New Hampshire, Maine, Maryland, Pennsylvania, and the Philippines. In the 1930s, the assets of American Gas and Electric were well over $1 billion, and they had revenues of $133 million. They served 1.75 million customers in 6,000 communities. At its peak, AG&E was made up of over 250 corporations (sometimes placed as high as 522, and occasionally as high as "5,800 names"[8]) providing electricity, steam, ice, water, and transportation in 26 states, Canada, and the Philippines to 20 million people.[2] Eventually, it became the nation's third largest electricity producer, producing 9% of the United States' electricity, behind J. P. Morgan's United Corporation (23%), and Samuel Insull's various holding companies (11%).[14] In addition, AG&E became one of the top five largest holding companies. The stock of AG&E peaked at $61 a share, and about 500,000 people invested over $1 billion in the company.[8] In August 1935, Hopson admitted to attempting to change the policy of major newspapers. He threatened to drop advertising from The New York Times, the Hearst companies, Scripps Howard and many local papers as well.[17] Hopson also sued newspapers for libel, including suing the Atlantic Monthly, The New Republic, and Survey Graphic.[1]

  • John Pierpont Morgan Jr. | Lionbliss Research

    Overview John Pierpont Morgan Jr. (September 7, 1867 – March 13, 1943) was an American banker, finance executive, and philanthropist.[1] He inherited the family fortune and took over the business interests including J.P. Morgan & Co. after his father J. P. Morgan died in 1913. After graduating from St. Paul's School and Harvard College, Morgan trained as a finance executive working for his father and grandfather. He became a banking financier, a lending leader, and a director of several companies. He supported New York's Society for the Lying-In Hospital, the Red Cross, the Episcopal Church, and endowed the creation of a rare book and manuscript collection at the Morgan Library. Notable Early Life John Pierpont Morgan Jr, nicknamed Jack, was born on September 7, 1867, in Irvington, New York, to J. P. Morgan and Frances Louisa Tracy. He graduated from St. Paul's School, and later in 1886 from Harvard College, where he was a member of the Delphic Club, formerly known as the Delta Phi. Post WW1 After World War I and the Versailles Treaty, Morgan Guaranty managed Germany's reparation payments. He was a director in numerous corporations, including the U.S. Steel Corp., the Pullman Co., the Aetna Insurance Co., and the Northern Pacific Railway Co.[10] He died of a stroke on March 13, 1943, in Boca Grande, Florida,[19] and was interred in Cedar Hill Cemetery in Hartford, Connecticut.[20] In 1930, he built the turbo electric driven yacht Corsair IV at Bath Iron Works in Maine. Corsair IV, launched April 10, 1930, was one of the most opulent yachts of its day and the largest built in the United States with an overall length of 343 feet (104.5 m), 42 feet (12.8 m) beam and 2,142 GRT.[26][27] In 1890, Morgan married Jane Norton Grew (1868–1925), daughter of Boston banker and mill owner Henry Sturgis Grew. She was the aunt of Henry Grew Crosby. The couple raised four children: Junius Spencer Morgan III (1892–1960), who married Louise Converse (1895–1974), daughter of Frederick Shepherd Converse, in 1915.[21] Jane Norton Morgan Nichols (1893–1981), who married George Nichols (1878–1950).[22] Frances Tracy Pennoyer (1897–1989),[23] who married Paul Geddes Pennoyer (1890–1970), a lawyer, in 1917.[24] Henry Sturgis Morgan (1900–1982), a founding partner of Morgan Stanley who married Catherine Lovering Adams (1902–1988), daughter of Charles Francis Adams III, descendants of the 2nd U.S. President, John Adams.

  • John Pierpont Morgan Sr. | Lionbliss Research

    Overview John Pierpont Morgan Sr. (April 17, 1837 – March 31, 1913)[1] was an American financier and investment banker who dominated corporate finance on Wall Street throughout the Gilded Age. As the head of the banking firm that ultimately became known as J.P. Morgan and Co. Notable Over the course of his career on Wall Street, J.P. Morgan spearheaded the formation of several prominent multinational corporations including U.S. Steel, International Harvester and General Electric which subsequently fell under his supervision. He and his partners also held controlling interests in numerous other American businesses including Aetna, Western Union, Pullman Car Company and 21 railroads.[2] Due to the extent of his dominance over U.S. finance, Morgan exercised enormous influence over the nation's policies and the market forces underlying its economy. During the Panic of 1907, he organized a coalition of financiers that saved the American monetary system from collapse.

  • Samuel Insull | Lionbliss Research

    Overview Samuel Insull (November 11, 1859 – July 16, 1938) was a British-born American business magnate. He was an innovator and investor based in Chicago who greatly contributed to create an integrated electrical infrastructure in the United States. Insull created holding companies that purchased utilities and railroads. Insull was responsible for the building of the Chicago Civic Opera House in 1929.[1] Due to the Great Depression, his vast Midwest holding company empire collapsed, and he was accused of profiting personally by selling worthless stock to unsuspecting investors who trusted him because of his position and reputation. Following a seven-week trial, he and 16 co-defendants were acquitted of all charges after two hours of jury deliberation.[2][3][4][5] Insull's career began as an apprentice clerk for various local businesses at age 14. He went on to become a stenographer at Vanity Fair.[7] Through a newspaper ad, the 19-year-old became the private secretary and bookkeeper to Colonel George Gouraud, the London representative of Thomas Edison's telephone companies. Samuel Insull also had interests in broadcasting. On hearing of the work of Westinghouse to establish a radio station in Chicago, he contacted the company. Together the two companies arranged for a radio station to be built in Chicago which would be operated jointly by Commonwealth Edison and Westinghouse. KYW's first home was the roof of the Edison Company building at 72 West Adams Street in Chicago, and it went on the air November 11, 1921. It was Chicago's first radio station.[14] Though the partnership came to an end in 1926, with Westinghouse buying out Edison's interest in KYW, Insull's interest in broadcasting did not stop there. He formed the Great Lakes Broadcasting Company in 1927 and purchased Chicago radio stations WENR and WBCN; the two stations were merged on June 1, 1927, with Insull paying a million dollars for WENR alone. Insull moved the stations first into the Strauss Building, then into Insull's Civic Opera House, where WENR became an affiliate of the NBCBlue Network. Insull's Great Lakes Broadcasting Company also included a mechanical television station, W9XR, which began in 1929 after the company installed the first 50,000 watt radio transmitter in Chicago for its two radio stations.[15][16] On May 22, 1899,[20] Samuel Insull married a "tiny, exquisitely beautiful and clever"[21]Broadway ingénue actress whose stage name was (Alis) Gladys Wallis (1875–September 23, 1953). Her real name was Margaret Anna Bird.[20][22]Both husband and wife were patrons of the arts. Because of this Insull was instrumental in the building of Chicago's Civic Opera House, which opened November 4, 1929, with Aida. The opera and its cast were chosen by Insull.[7] Samuel Insull was also known for his charitable works in other areas, donating large sums of money to local hospitals, then calling on others with similar resources to do the same. He donated freely to African-American charities in Chicago, asking the wealthy to follow his example. At the time the US entered WWI, Insull was named head of the Illinois Defense Council by President Woodrow Wilson; his efforts sold over a million dollars of War Bonds.[10] Insull's legacies included electricity grid systems[32][33] and the regulated monopoly, a uniquely American institution that included utility companies. This came from a combination of his business persona and his political one. On the one hand, he abhorred the waste of competing power producers, whose inefficiency would often double the cost of production. On the other hand, he believed in the citizen's right to fair treatment. So while he bought up rival companies and created a monopoly, he kept his prices low and campaigned vigorously for regulation.[34]

  • Ivar Kreuger | Lionbliss Research

    Overview Ivar Kreuger (Swedish: [ˈǐːvar ˈkry̌ːɡɛr]; 2 March 1880 – 12 March 1932)[1] was a Swedish civil engineer, financier, entrepreneur and industrialist. In 1908, he co-founded the construction company Kreuger & Toll Byggnads AB, which specialized in new building techniques. By aggressive investments and innovative financial instruments, he built a global match and financial empire. Between the two world wars, he negotiated match monopolies with European, Central American and South American governments, and finally controlled between two thirds and three quarters of worldwide match production, becoming known as the "Match King".[2][3] Notable Acquired Zündwaren monopoly The German Zündwaren monopoly (translated Monopoly for Safety Matches) began in 1930 when Germany's Reichstag passed a bill named Zündwarenmonopolgesetz ("Safety Matches Monopoly Law"), which allowed the Deutsche Zündwaren-Monopolgesellschaft (translated "German Society for the Safety Matches Monopoly") exclusive rights to distribute safety matches within the borders of the German Empire.[citation needed] The only brands the Deutsche Zündwaren-Monopolgesellschaft could distribute were Welthölzer ("World Matches") and Haushaltsware ("Household article"). Local German manufacturers obtained licenses to produce preassigned volumes to sell domestically and were not allowed to export these matches or to establish new firms. The official monopoly had been acquired by Swedish entrepreneur Ivar Kreuger,[1][2] the "Match King", which made him a very rich man and remained in effect after the conclusion of World War II and through to 1983.[3] In 1930 the Weimar Republic struggled to deal with war reparations as determined by the Treaty of Versailles while it also tried to tackle the Great Depression. Ivar Kreuger mediated German-French reparation talks and provided Germany with a loan of 125 million Dollars[4] (at that time 500 million Reichsmark). The bonds ran until 15. January 1983 at which time the monopoly arrangement ended.[citation needed] After that, the price for safety matches in Germany fell by a third. East Germany (1949-1990) did not recognize the effects of the Zündwaren monopoly, no payments were made.

  • Charles M. Schwab | Lionbliss Research

    Overview Charles Michael Schwab (February 18, 1862 – September 18, 1939) was an American steel magnate. Under his leadership, Bethlehem Steel became the second-largest steel maker in the United States, and one of the most important heavy manufacturers in the world. Schwab began his career as an engineer in Andrew Carnegie's steelworks, starting as a stake-driver in the engineering corps of the Edgar Thomson Steel Works and Furnaces in Braddock, Pennsylvania. He was promoted to general superintendent of the Homestead Works in 1887 Then promoted to general superintendent of the Edgar Thomson Steel Works in 1890.[5] In 1897, at only 35 years of age, he became president of the Carnegie Steel Company. In 1901, he helped negotiate the secret sale of Carnegie Steel to a group of New York–based financiers led by J. P. Morgan.[6] After the buyout, Schwab became the first president of the United States Steel Corporation, the company formed out of Carnegie's former holdings. [7] Schwab left USS in 1903 to run the Bethlehem Shipbuilding and Steel Company in Bethlehem, Pennsylvania. In 1908, Bethlehem Steel began making the beam, which revolutionized building construction and contributed to the age of the skyscraper. Its success helped make Bethlehem Steel the second-largest steel company in the world. Bethlehem, Pennsylvania, was incorporated, virtually as a company town, by uniting four previous villages. In 1910, Schwab broke the Bethlehem Steel strike by calling out the newly formed Pennsylvania State Police. Schwab successfully kept labor unions out of Bethlehem Steel throughout his tenure (although Bethlehem Steel unionized in 1941, two years after his death). In 1911, Bethlehem Steel formed a company soccer team known as Bethlehem Steel F.C. In 1914 Schwab took the team professional.[9][10] Until its demise in 1930, the team won eight league championships, six American Cups and five National Challenge Cups. It was considered among the greatest soccer teams in U.S. history. The company disbanded the team as a result of financial losses incurred during the internecine 1928–1929 "Soccer Wars" between American Soccer League and United States Football Association and the onset of the Great Depression in 1929. Schwab died later that year on September 18, 1939, of heart disease at his apartment on Park Avenue in New York City.[22] His funeral was held at St. Patrick's Cathedral and about 2,000 people were estimated to line the streets of the procession.[22]Al Smith, John D. Rockefeller Jr., and Charles Evans Hughes were in attendance at his funeral.[22] He was originally interred at the Gate of Heaven Cemetery in Hawthorne, New York, but his remains were moved on April 29, 1940, to a private mausoleum at the Saint Michael Catholic Church Cemetery in Loretto.[22][23] Fun Information When Schwab became very wealthy, he moved to New York City's Upper West Side, which at the time was considered the "wrong" side of Central Park, where he built "Riverside", the most ambitious private house ever built in New York. The $7 million 75-room house, designed by French architect Maurice Hebert, combined details from three French chateaux on a full city block. After Schwab's death, Mayor Fiorello La Guardia turned down a proposal to make Riverside the official mayoral residence, deeming it too grandiose. It was eventually razed and replaced by an apartment block.[16] Schwab became notorious for his "fast lane" lifestyle including opulent parties, high-stakes gambling, and a string of extramarital affairs producing at least one child out of wedlock. The affairs and the out-of-wedlock child soured his relationship with his wife. He became an international celebrity when he "broke the bank" at Monte Carlo, and traveled in a $100,000 private rail car named "Loretto".[19] Even before the Great Depression, he had already spent most of his fortune, estimated at between $25 million and $40 million. Adjusted for inflation in the first decade of the 21st century, that equates to between $500 million and $800 million.

  • European Central Bank (ECB) | Lionbliss Research

    Overview The European Central Bank (ECB) is the prime component of the Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union.[2] It is one of the world's most important central banks. The European Central Bank is the de facto successor of the European Monetary Institute (EMI).[6] The EMI was established at the start of the second stage of the EU's Economic and Monetary Union (EMU) to handle the transitional issues of states adopting the euro and prepare for the creation of the ECB and European System of Central Banks (ESCB).[6] The EMI itself took over from the earlier European Monetary Cooperation Fund (EMCF).[4] The ECB formally replaced the EMI on 1 June 1998 by virtue of the Treaty on European Union (TEU, Treaty of Maastricht), however it did not exercise its full powers until the introduction of the euro on 1 January 1999, signalling the third stage of EMU.[6] The bank is based in Ostend (East End), Frankfurt am Main. The city is the largest financial centre in the Eurozone and the bank's location in it is fixed by the Amsterdam Treaty.[136] The bank moved to a new purpose-built headquarters in 2014, designed by a Vienna-based architectural office, Coop Himmelbau.[137] The building is approximately 180 metres (591 ft) tall and is to be accompanied by other secondary buildings on a landscaped site on the site of the former wholesale market in the eastern part of Frankfurt am Main. The main construction on a 120,000 m2 total site area began in October 2008,[137][138] and it was expected that the building would become an architectural symbol for Europe. Notable Unlike many other central banks, the ECB does not have a dual mandate where it has to pursue two equally important objectives such as price stability and full employment (like the US Federal Reserve System). The ECB has only one primary objective – price stability – subject to which it may pursue secondary objectives. There are several concrete examples where the ECB is less transparent than other institutions: Voting secrecy : while other central banks publish the voting record of its decision makers, the ECB's Governing Council decisions are made in full discretion. Since 2014, the ECB has published "accounts" of its monetary policy meetings,[134] but those remain rather vague and do not include individual votes. Access to documents : The obligation for EU bodies to make documents freely accessible after a 30-year embargo applies to the ECB. However, under the ECB's Rules of Procedure the Governing Council may decide to keep individual documents classified beyond the 30-year period. Disclosure of securities: The ECB is less transparent than the Fed when it comes to disclosing the list of securities being held in its balance sheet under monetary policy operations such as QE.[135]

  • World Investment Forum | Lionbliss Research

    Overview https://worldinvestmentforum.unctad.org/ The biennial World Investment Forum[1] (WIF) is organized by the United Nations Conference on Trade and Development (UNCTAD) to promote investment for sustainable development and facilitate policy dialogue among a diverse community of investment stakeholders. The forum brings together policymakers, including Heads of State and Government, Ministers and other government officials responsible for investment; representatives from the private sector, including CEOs; international organisations working in the area of sustainable development and poverty reduction; thought leaders from academia and research institutions; and other members of the international investment community, including treaty negotiators, investment promotion and location experts, heads of sovereign wealth funds, heads of stock exchanges, and NGOs. The inaugural World Investment Forum[3] was held in Accra, Ghana, on the occasion of the twelfth UNCTAD Ministerial Conference[3] in April 2008. It focused on the future of foreign direct investment (FDI) flows: where FDI will come from and which sectors and regions will be the main targets of these flows, as well as the features of corporate strategies that will drive cross-border investment.

  • Cox Enterprises | Lionbliss Research

    Overview Cox Enterprises, Inc. is a privately held global conglomerate headquartered in Atlanta, Georgia, United States, with approximately 55,000 employees and $21 billion in total revenue. Its major operating subsidiaries are Cox Communications and Cox Automotive. The company's major national brands include AutoTrader, Kelley Blue Book, Manheim and more. The company was founded in Dayton, Ohio by James M. Cox, who purchased the Dayton Daily News in 1898.[8] Cox became a member of Ohio's delegation to the United States House of Representatives and then the Governor of Ohio. He was the Democratic Party candidate for president of the United States in the presidential election of 1920, running unsuccessfully on a ticket that included Franklin D. Roosevelt as the vice presidential candidate.[8][9] Notable Cox Conserves is the company’s national sustainability program that focuses on alternative energy, community investment, employee engagement, energy conservation, waste diversion, recycling, and water conservation.[25] Since its launch in 2007, Cox Enterprises has invested more than $120 million in over 400 sustainability and conservation projects through Cox Conserves to drive positive environmental change within the organization, among stakeholders, and within the communities being served. According to its public statements, its primary focus areas include:[25][26] (Energy and water conservation) (Waste diversion & recycling) (Community engagement).

  • Hearst | Hearst Communications | Lionbliss Research

    Overview Hearst is a leading global, diversified information, services and media company with operations in 40 countries. Its major interests include financial services leader Fitch Group; Hearst Health, a group of medical information and services businesses; Hearst Transportation, which includes CAMP Systems International, a major provider of software-as-a-service solutions for managing maintenance of jets and helicopters; ownership in cable television networks such as A&E, HISTORY, Lifetime and ESPN; 33 television stations; 24 daily and 52 weekly newspapers; digital services businesses; and nearly 250 magazines around the world. - https://www.hearst.com/about Hearst Communications Hearst Communications, Inc., often referred to simply as Hearst, is an American multinational mass media and business information conglomerate based in the Hearst Tower in Midtown Manhattan, New York City.[3] Hearst owns newspapers, magazines, television channels, and television stations, including the San Francisco Chronicle, the Houston Chronicle, Cosmopolitan and Esquire. It owns 50% of the A&E Networks cable network group and 20% of the sports cable network group ESPN, both in partnership with The Walt Disney Company.[4] The conglomerate also owns several business-information companies, including Fitch Ratings and First Databank.[5] In 1880, George Hearst, mining entrepreneur and U.S. senator, bought the San Francisco Daily Examiner.[6] In 1887, he turned the Examiner over to his son, William Randolph Hearst, who that year founded the Hearst Corporation. The younger Hearst eventually built readership for Hearst-owned newspapers and magazines from 15,000 to over 20 million.[7] Hearst began to purchase and launched other newspapers, including the New York Journal in 1895[8] and the Los Angeles Examiner in 1903.[6] In the 1920s and 1930s, Hearst owned the biggest media conglomerate in the world, which included a number of magazines and newspapers in major cities. Hearst also began acquiring radio stations to complement his papers.[16] Hearst saw financial challenges in the early 1920s, when he was using company funds to build Hearst Castle in San Simeon and support movie production at Cosmopolitan Productions. This eventually led to the merger of the magazine Hearst International with Cosmopolitan in 1925.[17] In addition to print and radio, Hearst established Cosmopolitan Pictures in the early 1920s, distributing his films under the newly created Metro Goldwyn Mayer.[20] In 1929, Hearst and MGM created the Hearst Metrotone newsreels.[21] Notable Content Under William Randolph Hearst's will, a common board of thirteen trustees (its composition fixed at five family members and eight outsiders) administers the Hearst Foundation, the William Randolph Hearst Foundation, and the trust that owns (and selects the 26-member[68] board of) the Hearst Corporation (immediate parent of Hearst Communications which shares the same officers). The foundations shared ownership until tax law changed to prevent this.[69][70] In 2009, it was estimated to be the largest private company managed by trustees in this way.[71] As of 2017, the trustees are:[72] Assets Main article: List of assets owned by Hearst Communications A non-exhaustive list of its current properties and investments includes: Magazines Bicycling Billboard (magazine) Car and Driver Cosmopolitan Country Living Dr. Oz THE GOOD LIFE ELLE (US and UK) Elle Decor Esquire Food Network Magazine Good Housekeeping Harper's Bazaar HGTV Magazine The Hollywood Reporter House Beautiful Men's Health Nat Mags O, The Oprah Magazine Popular Mechanics Prevention Red Redbook Road & Track Rodale's Organic Life Runner's World Seventeen (digital) Town & Country Veranda Woman's Day Women's Health Hearst Books (in partnership with Sterling Publishing)[64] Newspapers (alphabetical by state, then title) San Francisco Chronicle (San Francisco, California) The News-Times (Danbury, Connecticut) Greenwich Time (Greenwich, Connecticut) The Advocate (Stamford, Connecticut) Connecticut Post (Bridgeport, Connecticut) The Middletown Press (Middletown, Connecticut) New Haven Register (New Haven, Connecticut) The Hour (Norwalk, Connecticut) The Register Citizen (Torrington, Connecticut) The Telegraph (Alton, Illinois) Edwardsville Intelligencer (Edwardsville, Illinois) Jacksonville Journal-Courier (Jacksonville, Illinois) Huron Daily Tribune (Bad Axe, Michigan) Pioneer (Big Rapids, Michigan) Manistee News Advocate (Manistee, Michigan) Midland Daily News (Midland, Michigan) Times Union (Albany, New York) Beaumont Enterprise (Beaumont, Texas) Houston Chronicle (Houston, Texas) Laredo Morning Times (Laredo, Texas) Midland Reporter-Telegram (Midland, Texas) Plainview Daily Herald (Plainview, Texas) San Antonio Express-News (San Antonio, Texas) Seattle Post-Intelligencer (Seattle, Washington) Broadcasting A+E Networks (owns 50%; shared joint venture with The Walt Disney Company) ESPN, Inc. (owns 20%; also shared with Disney, which owns the other 80%) CTV Specialty Television (owns 4% through its co-ownership of ESPN; shared joint venture with Bell Media, which owns 80%) Hearst Television (owns 100%; owner of 29 local television stations and two local radio stations/one translator) Hearst Media Production Group (owns 100%; provider of syndicated programming, mainly educational and informational programming, and contracted with four of the five major broadcast networks to provide their weekly educational output) Internet "Delish" redirects here. For the word, see Wiktionary and Delicious. Look up delish in Wiktionary, the free dictionary. BestProducts.com Clevver[65] Delish.com[66] Digital Spy NetDoctor Hearst Interactive Media[67] Other Black Book (National Auto Research) CDS Global First Databank Fitch Ratings Homecare Homebase iCrossing Jumpstart Automotive Group King Features Syndicate KUBRA LocalEdge (Buffalo, New York) Map of Medicine MCG Health ODG by Workloss Data Institute Zynx Health

  • Scripps Research Institute (TSRI) | Lionbliss Research

    Overview Scripps Research, previously known as The Scripps Research Institute (TSRI),[1] is a nonprofit American medical research facility that focuses on research and education in the biomedical sciences. Headquartered in San Diego, California, the institute has over 170 laboratories employing 2,100 scientists,[2] making it ONE of the LARGEST in the world. History Scripps Research began with the Scripps Metabolic Clinic, founded near the current site in the La Jolla area of San Diego in 1924 by philanthropistEllen Browning Scripps,[7][8] who was inspired by the discovery of insulin. In 1946, the metabolic clinic separated from Scripps Memorial Hospital. Notable Content In 2022, Scripps Florida separated from Scripps Research and became a part of the University of Florida.[15]

  • European Union (EU) | Lionbliss Research

    Overview The European Union (EU) is a political and economic union of 27 member states that are located primarily in Europe.[6] The union has a total area of 4,233,255.3 km2 (1,634,469.0 sq mi) and an estimated total population of about 447million. An internal single market has been established through a standardised system of laws that apply in all member states in those matters, and only those matters, where the states have agreed to act as one. EU policies aim to ensure the free movement of people, goods, services and capital within the internal market;[7] enact legislation in justice and home affairs; and maintain common policies on trade,[8]agriculture,[9]fisheries and regional development.[10] Passport controls have been abolished for travel within the Schengen Area.[11] The eurozone is a monetary union established in 1999, coming into full force in 2002, that is composed of the 19 EU member states that use the euro currency. The EU has often been described as a sui generis political entity (without precedent or comparison) with the characteristics of either a federation or confederation.[12][13] The EU traces its origins to the European Coal and Steel Community (ECSC) and the European Economic Community (EEC), established, respectively, by the 1951 Treaty of Paris and 1957 Treaty of Rome. The original member states of what came to be known as the European Communities were the Inner Six: Belgium, France, Italy, Luxembourg, the Netherlands, and West Germany.

  • Atlantic Council | Lionbliss Research

    Overview https://www.atlanticcouncil.org/ The Atlantic Council is an American think tank in the field of international affairs, favoring Atlanticism, founded in 1961. It manages sixteen regional centers and functional programs related to international security and global economic prosperity. It is headquartered in Washington, D.C. It is a member of the Atlantic Treaty Association. Melvin Small of Wayne State University wrote that, especially in its early years, the Council's real strength lay in its connections to influential policymakers. The Council early on found a niche as "center for informal get-togethers" of leaders from both sides of the Atlantic, with members working to develop "networks of continuing communication".[2]

  • Supranational Banks | Lionbliss Overview

    Overview Supranational: transcending national boundaries, authority, or interests. List African Development Bank African Export–Import Bank Asian Development Bank Asian Infrastructure Investment Bank Basel Committee on Banking Supervision Black Sea Trade and Development Bank Caribbean Development Bank Central American Bank for Economic Integration Council of Europe Development Bank European Investment Bank Inter-American Development Bank International Development Finance Club International financial institutions International Investment Bank Bank for International Settlements New Development Bank Nordic Investment Bank Plata Basin Financial Development Fund Trade and Development Bank West African Development Bank World Bank

  • GAVI | Global Alliance for Vaccines and Immunization | Lionbliss Research

    Overview GAVI, officially Gavi, the Vaccine Alliance[1] (previously the GAVI Alliance, and before that the Global Alliance for Vaccines and Immunization)[2] is a public–private global health partnership with the goal of increasing access to immunization in poor countries.[3] In 2016, Gavi channeled more than half of total donor assistance for health, and most donor assistance for immunization, by monetary measure.[4] Gavi supports the immunization of almost half the world's children. Gavi has helped immunize over 760 million children, preventing over 13 million deaths worldwide, helping increase diphtheria vaccine coverage in supported countries from 59% in 2000 to 81% in 2019, contributing to reducing child mortality by half. It also seeks to improve the economics of vaccines, negotiating bulk prices, supporting price discrimination, and reducing the commercial risks that manufacturers face when selling vaccines to the poor and developing vaccines.[4][5] It also provides funding to strengthen health systems and train health workers across the developing world,[4] though the effectiveness of its health-system-strengthening programs is disputed.[6] "Gavi now vaccinates almost half of the world’s children, giving it tremendous power to negotiate vaccines at prices that are affordable for the poorest countries and to remove the commercial risks that previously kept manufacturers from serving them." - https://www.gavi.org/our-alliance/about Notes Along with Global Health Initiatives (GHIs) in general, Gavi was described as innovative, effective, and less bureaucratic than multilateral government institutions like the WHO. Gavi programmes may produce quantified results within an election cycle, which is appealing to parties locked in an election cycle.[7] One author described Gavi's approach to public health as business-oriented and technology-focused, using market-oriented measures, and seeking quantifiable results. Gavi follows a model termed the "Gates approach" or US-type approach.[6][7] It contrasts with the approach typified by the Alma Ata Declaration, which focuses on the effects of political, social, and cultural systems on health.[7] Gavi facilitates vaccinations in developing countries by working with donor governments, the World Health Organization,[8] UNICEF,[9] the World Bank,[10] the vaccine industry in both industrialised and developing countries, research and technical agencies, civil society, the Bill & Melinda Gates Foundation[11] and other private philanthropists. Gavi has observer status at the World Health Assembly.[citation needed] GAVI has been criticized for giving private donors more unilateral power to decide on global health goals,[7] prioritizing new, expensive vaccines while putting less money and effort into expanding coverage of old, cheap ones,[12] harming local healthcare systems,[7] spending too much on subsidies to large, profitable pharmaceutical companies[13] without reducing the prices of some vaccines, and its conflicts of interest in having vaccine manufacturers on its governance board.[14] Gavi has taken steps to address some of these concerns.[7] Notable Content Annual Contributions and Proceeds - https://www.gavi.org/news-resources/document-library/annual-contributions-and-proceeds

  • Bretton Woods Project | Lionbliss Research

    Overview https://www.brettonwoodsproject.org/ The Bretton Woods Project focuses on the World Bank and the International Monetary Fund (IMF) to challenge their power and open space for civil society and social movements to contribute to the development of policies that are gender transformative, equitable, environmentally sustainable and consistent with international human rights norms. History Established in 1995 by the UK-based Bond Development and Environment Group (DEG) to support civil society to monitor the negative impacts of World Bank and IMF policies and activities, BWP has, throughout its history, developed extensive knowledge about the Bank and Fund as institutions and an in-depth understanding of their role within the broader international development landscape. Structure The Project is funded by NGOs in the UK BWI network, the CS Mott Foundation, the William and Flora Hewlett Foundation, the Forge Foundation, and the Wellspring Philanthropic Fund. For an overview of BWP’s finances and funders see our latest annual report.

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