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National Student Marketing Corporation
National Student Marketing Corporation (N.S.M.C., NSMC) was the name of a company started by Cortes Wesley Randell, a Washington, D.C. business consultant, in 1966 during the height of the 'Go-Go' 60s stock market. The corporation catered to the youth market and was touted by various Wall Street professionals. Through publicity from acquisitions and the late 1960s bull market, the stock rose from its initial public offering price of $6 a share to $140. Several universities, including the Harvard endowment fund, invested in NSMC. After the crash of 1970, and after Randell had cashed out a portion of his shares, several Wall Street professionals were convicted of wrongdoing by the government. Some of these accused were later acquitted, with at least one spending some time in jail. Following an investigation into Randell's role in the stock crash, prosecutors alleged that he had misrepresented the company's earnings. He pleaded guilty in 1975 and was sentenced to 18 months in prison f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cortes Wesley Randell
Cortes Wesley Randell (September 28, 1935 – December 29, 2020) was an American businessman. Randell worked on the Ballistic Missile Early Warning System. He also founded the National Student Marketing Corporation, and was president of Federal News Service. Career Randell was born in Washington, D.C., on September 28, 1935. His parents were Cortes Gilbert Randell (1896-1996) and Carolina Edna (née Schmidt) Randell (1905-1946). Randell had one sibling, Marguerite. Randell graduated from the University of Virginia with an engineering degree in 1959. He was a member of the Jefferson Society. Randell worked for General Electric where he worked in the first nuclear submarine, the ''Sea Wolf''. While at General Electric, he also worked on the Ballistic Missile Early Warning System which replaced the Dew Line radars in Canada. After leaving General Electric, Randell worked for the ITT Corporation in Chicago, the electronics company for the worldwide warning system at Offutt Air F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Washington, D
Washington commonly refers to: * Washington (state), United States * Washington, D.C., the capital of the United States ** A metonym for the federal government of the United States ** Washington metropolitan area, the metropolitan area centered on Washington, D.C. * George Washington (1732–1799), the first president of the United States Washington may also refer to: Places England * Washington, Tyne and Wear, a town in the City of Sunderland metropolitan borough ** Washington Old Hall, ancestral home of the family of George Washington * Washington, West Sussex, a village and civil parish Greenland * Cape Washington, Greenland * Washington Land Philippines * New Washington, Aklan, a municipality *Washington, a barangay in Catarman, Northern Samar *Washington, a barangay in Escalante, Negros Occidental *Washington, a barangay in San Jacinto, Masbate *Washington, a barangay in Surigao City United States * Washington, Wisconsin (other) * Fort Washington (disambigu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Consultant
A business consultant (from Latin ''consultare'', "to discuss") is a professional who provides professional or expert advice or service in a particular area such as security (electronic or physical), management, accountancy, law, human resources, marketing (and public relations), financial control, engineering, science, digital transformation, exit planning or any of many other specialized fields. A consultant is usually an expert or a professional in a specific field and has a wide area of knowledge in a specific subject. Consultants can save their clients time, increase revenue, and maintain resources. Pieter P. Tordoir (1995). ''The professional knowledge economy: the management and integration services in business organizations.'' p.140. The role of a consultant outside the medical sphere (where the term is used specifically for a grade of doctor) can fall under one of two general categories: * Internal consultant – someone who operates within an organization An organi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wall Street
Wall Street is an eight-block-long street in the Financial District of Lower Manhattan in New York City. It runs between Broadway in the west to South Street and the East River in the east. The term "Wall Street" has become a metonym for the financial markets of the United States as a whole, the American financial services industry, New York–based financial interests, or the Financial District itself. Anchored by Wall Street, New York has been described as the world's principal financial center. Wall Street was originally known in Dutch as "de Waalstraat" when it was part of New Amsterdam in the 17th century, though the origins of the name vary. An actual wall existed on the street from 1685 to 1699. During the 17th century, Wall Street was a slave trading marketplace and a securities trading site, and from the early eighteenth century (1703) the location of Federal Hall, New York's first city hall. In the early 19th century, both residences and businesses occupie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bull Market
A market trend is a perceived tendency of financial markets to move in a particular direction over time. Analysts classify these trends as ''secular'' for long time-frames, ''primary'' for medium time-frames, and ''secondary'' for short time-frames. Traders attempt to identify market trends using technical analysis, a framework which characterizes market trends as predictable price tendencies within the market when price reaches support and resistance levels, varying over time. A market trend can only be determined in hindsight, since at any time prices in the future are not known. Market terminology The terms "bull market" and "bear market" describe upward and downward market trends, respectively, and can be used to describe either the market as a whole or specific sectors and securities. The terms come from London's Exchange Alley in the early 18th century, where traders who engaged in naked short selling were called "bear-skin jobbers" because they sold a bear's skin (the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andrew Tobias
Andrew Tobias (born April 20, 1947) is an American writer. He has written extensively about investment, as well as politics, insurance, and other topics. He is also known for writing ''The Best Little Boy in the World'', a 1973 memoir – originally pseudonymous – about life as a gay man. From 1999 until 2017, he was treasurer of the Democratic National Committee. Education Tobias graduated from Harvard College in 1968 with a BA in Slavic languages and literature. In 1972, he obtained his Master of Business Administration degree from Harvard Business School. Writing While in business school, he wrote for ''New York Magazine'', and after graduation became a contributing editor. In 1973, Tobias wrote ''The Best Little Boy in the World'', an autobiography in which he spoke of his experiences as a gay boy and young man. He published it under the pen name "John Reid" to avoid the repercussions of being openly gay; the book was republished in 1998 under his real name, to coincid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frederick S
Frederick may refer to: People * Frederick (given name), the name Nobility Anhalt-Harzgerode * Frederick, Prince of Anhalt-Harzgerode (1613–1670) Austria * Frederick I, Duke of Austria (Babenberg), Duke of Austria from 1195 to 1198 * Frederick II, Duke of Austria (1219–1246), last Duke of Austria from the Babenberg dynasty * Frederick the Fair (Frederick I of Austria (Habsburg), 1286–1330), Duke of Austria and King of the Romans Baden * Frederick I, Grand Duke of Baden (1826–1907), Grand Duke of Baden * Frederick II, Grand Duke of Baden (1857–1928), Grand Duke of Baden Bohemia * Frederick, Duke of Bohemia (died 1189), Duke of Olomouc and Bohemia Britain * Frederick, Prince of Wales (1707–1751), eldest son of King George II of Great Britain Brandenburg/Prussia * Frederick I, Elector of Brandenburg (1371–1440), also known as Frederick VI, Burgrave of Nuremberg * Frederick II, Elector of Brandenburg (1413–1470), Margrave of Brandenburg * Frederick Willia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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