James Cayne
James E. "Jimmy" Cayne (February 14, 1934 – December 28, 2021) was an American businessman and CEO of Bear Stearns. In 2006, he became the first Wall Street chief to own a company stake worth more than $1 billion, but he lost most of that in the 2007–2008 collapse of Bear's stock and sold his entire stake in the company for $61 million. Early life and career Cayne was born and raised in Evanston, Illinois, the son of Jean and Maurice Cayne, a patent attorney. Cayne attended Purdue University, but left before graduating to join the United States Army. Cayne was a member of Kappa Beta Phi. His first job was as a traveling salesman; he then sold scrap iron and municipal bonds. In 1969 he was playing bridge full-time in New York City when Alan C. Greenberg, then a relative novice at the bridge table, hired him as a stockbroker at Bear Stearns. Cayne became president in 1985, CEO in 1993, and chairman of the board (while continuing as CEO) in 2001. He was replaced as CEO only ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Evanston, Illinois
Evanston is a city in Cook County, Illinois, United States, situated on the North Shore (Chicago), North Shore along Lake Michigan. A suburb of Chicago, Evanston is north of Chicago Loop, downtown Chicago, bordered by Chicago to the south, Skokie, Illinois, Skokie to the west, Wilmette, Illinois, Wilmette to the north, and Lake Michigan to the east. Evanston had a population of 78,110 . Founded by Methodist business leaders in 1857, the city was incorporated in 1863. Evanston is home to Northwestern University, founded in 1851 before the city's incorporation, one of the world's leading research university, research universities. Today known for its ethnically diverse population, Evanston is heavily shaped by the influence of Chicago, externally, and Northwestern, internally. The city and the university share a historically complex long-standing relationship. History Prior to the 1830s, the area now occupied by Evanston was mainly uninhabited, consisting largely of wetlands a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nail Life Master Open Pairs
The Nail Life Master Open Pairs is a North American bridge championship held at the fall American Contract Bridge League The American Contract Bridge League (ACBL) is a governing body for contract bridge in the United States, Canada, Mexico, and Bermuda. It is the largest such organization in North America having the stated mission "to promote, grow and sustain the ... (ACBL) North American Bridge Championship (NABC). The championship is a Matchpoints pairs event restricted to players with a Life Master rating. It consists of two qualifying sessions and two final sessions, typically starting on the first Friday of the NABC. History The Nail Life Master Open Pairs has its roots in 1961 when a new championship event was created for male players with a rank of National Master or higher. In 1963, the rank for eligibility was increased to Life Master and in 1990, it became an open event so that female players with Life Masters status could also compete. Before and after openin ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chicago Mixed Board-a-Match
The Mixed Board-a-Match Teams is a bridge competition held at the summer American Contract Bridge League (ACBL) North American Bridge Championship (NABC). From 2010 the event is officially the Freeman Mixed Board-a-Match Teams, as it is contested for the Richard Freeman Memorial Trophy, named for Richard Freeman (1933–2009). This is the fourth trophy in play, following Lebhar, Barclay, and Chicago. The event is a board-a-match team event. The event typically last 2–3 days with each day being a round consisting of two sessions of 26 boards. The event is open. History The Mixed Teams championship is one of the oldest ACBL events, first played in 1929. It is a four-session event with two qualifying and two final sessions. At one time it was restricted to players with at least 100 masterpoints (thus the name to 1995, "Master Mixed Teams") but now is an open event. It was originally known as the Master Mixed Teams. In 1996, the name changed to the present designation. From 19 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Jacoby Open Swiss Teams
The Jacoby Open Swiss Teams national bridge championship is held at the spring American Contract Bridge League (ACBL) North American Bridge Championship (NABC). The Jacoby Open Swiss Teams is a four session Swiss Teams event with two qualifying and two final sessions. The event typically starts on the second Saturday of the NABC. The event is open. History The Jacoby Open Swiss Teams is a four-session event --- consisting of two qualifying sessions and two final sessions—with the Jacoby Trophy going to the winners. The event began in 1982 and was then named the North American Men's Swiss Teams. In 1990, it was changed to become the Open Swiss with the Jacoby Trophy awarded to the winners. The trophy is named for Oswald and Jim Jacoby --- one of the premier father-son pairs in ACBL history, the first father-son to win a national championship together and the first father-son to be elected to the ACBL Bridge Hall of Fame. The senior Jacoby, Oswald Jacoby, (1902–1984) won his ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mitchell Board-a-Match Teams
The Mitchell Board-a-Match Teams national bridge championship is held at the fall American Contract Bridge League (ACBL) North American Bridge Championship (NABC). It is an open four session board-a-match event with two qualifying sessions and two final sessions. The event typically starts on the first Sunday of the NABC. More formally, according to the 2004 ACBL list of "Permanent Trophies" that recognize outstanding members, "The Victor Mitchell trophy is awarded to the winners of the Open Board-a-Match Teams held at the Fall NABC." ''2004 ACBL Handbook of Rules and Regulations''. ACBL (acbl.org). Retrieved 2014-10-29. [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Grand National Teams
The Grand National Teams (GNT) North American bridge championship is held at the summer American Contract Bridge League (ACBL) North American Bridge Championship (NABC). The Grand National Teams is a team knockout event. The event is broken into four flights (Championship, A, B, C). The event is restricted to those who have qualified in their local ACBL district. No player on a flight A team can have more than 6,000 masterpoints. No player on a flight B team can have more than 2,500 masterpoints. No player on a flight C team can have more than 500 masterpoints, or be a Life Master. All flights typically begin play on Wednesday, two days before the main NABC events. The 2011 host district won Flights B and C in Toronto and thereby won the unofficial GNT Cup. History The United States Bridge Association, established by Ely Culbertson and his staff, conducted a Grand National Team-of-Four championship from 1934 to 1937 (the lifetime of the organization before merger created th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Spingold
The Spingold national bridge championship is held at the summer American Contract Bridge League (ACBL) North American Bridge Championship (NABC). The Spingold is a knock-out team event that attracts the top contract bridge players in the world. The event typically lasts seven days with each day being a round consisting of four sessions of 16 boards. The event is open and seeded. History The Spingold Master Knockout Teams, first known as the Challenge Knockout Teams, was contested for the Asbury Park Trophy in the early days. The runner-up team in the regularly scheduled portion of the event had the right to challenge the winners to a playoff. This right was never utilized. In 1934, 1936 and 1937, the Masters Teams-of-Four and the Asbury Park Trophy were separate events, providing two sets of winners. In 1938 the event became the Spingold Master Knockout Teams and a part of the Summer NABC. At one time, the Spingold was a double elimination event, usually lasting nine or 10 s ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bermuda Bowl
The Bermuda Bowl is a biennial contract bridge world championship for national . It is contested every odd-numbered year under the auspices of the World Bridge Federation (WBF), alongside the Venice Cup (women), the d'Orsi Senior Bowl and the Wuhan Cup (mixed). Entries formally represent WBF zones as well as nations, so it is also known as the World Zonal Open Team Championship. 40th World Teams; "Information". It is the oldest event that confers the title of world champion in bridge, and was first contested in 1950. The Bermuda Bowl trophy is awarded to the winning team, and is named for the site of the inaugural tournament, the Atlantic archipelago of Bermuda. The term ''Bermuda Bowl'' is sometimes used for the entire two-week event, comprising the four zonal teams and one or more concurrent lesser tournaments. Marrakech, Morocco hosted the latest contest in August–September 2023, where Switzerland won the title. Structure See a description of the identical "Senior Bow ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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World Bridge Federation
The World Bridge Federation (WBF) is the international governing body of contract bridge. The WBF is responsible for world championship competitions, most of which are conducted at a few multi-event meets on a four-year cycle. The most prestigious championships are those for national teams in Open, Women, and Seniors categories: the Bermuda Bowl, Venice Cup, and Senior Bowl (jointly the biennial "World Teams Championships"), and the quadrennial World Team Olympiads, incorporated in the World Mind Sports Games beginning 2008. The World Bridge Federation was founded August 1958 by delegates from Europe, North America, and South America (now Zones 1 to 3). It is incorporated under the laws of Switzerland as a 'non-profit' organization. Harold Stirling Vanderbilt was made the first honorary member of the WBF for his work developing the game. The current president is Jan Kamras of Sweden. WBF membership now comprises 123 National Contract Bridge Organizations (NBOs) with about ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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American Contract Bridge League
The American Contract Bridge League (ACBL) is a governing body for contract bridge in the United States, Canada, Mexico, and Bermuda. It is the largest such organization in North America having the stated mission "to promote, grow and sustain the game of bridge and serve the bridge-related interests of our Members." Its major activities are: * sanctioning games at local bridge clubs and regional events * certifying bridge teachers and club directors * conducting the North American Bridge Championships (NABC) * providing education materials and services * administering the ACBL masterpoints system for tracking player performance * providing oversight for ethical behavior and play * representing the interests of its members with the World Bridge Federation. , it had more than 130,000 members. History The ACBL was created in 1937 by the merger of the American Bridge League and the United States Bridge Association in 1937. At that time, its bridge tournaments were open only to white ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Reisinger
The Reisinger national bridge championship is held at the fall American Contract Bridge League (ACBL) North American Bridge Championship (NABC). The Reisinger is a board-a-match event. History The event is contested for the Reisinger Trophy (the Chicago Trophy until 1965). It is a six-session open team-of-four event scored by board-a-match with two qualifying sessions, two semifinal sessions and two final sessions. It was contested as a four-session championship until 1966. The event began in 1929 as the North American Open Team Championship and the prize was the Chicago Trophy, donated by the Auction Bridge Club of Chicago. (In 1928, the open team competition was for the Harold S. Vanderbilt Cup.) The Chicago Trophy was replaced in 1965 by the Reisinger Memorial Trophy, donated by the Greater New York Bridge Association in memory of Curt H. Reisinger. Reisinger (1891–1964), from New York City, was a principal patron of contract bridge and the American Contract Bridge Leagu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |