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Richard Whitney (financier)
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. Early life Whitney was born on August 1, 1888, in Boston, Massachusetts. He was a son of Elizabeth Whitney, who was a daughter of William M. Whitney, and George Whitney Sr. His father, a descendant of John Whitney, was president of North National Union Bank. 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). Career On October 24, 1929, Black Thursday, he attempted to avert the Wall Street crash of 1929. Alarmed by rapidly falling stock prices, several leading Wall Street bankers met to find a s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of The New York Stock Exchange
This is a list of presidents of the New York Stock Exchange. References {{reflist, 30em External linksPresidents and Chairmen of the New York Stock Exchange (PDF) Lists of people by employer, New York Stock Exchange New York Stock Exchange History of stock exchanges in the United States Presidents of the New York Stock Exchange ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chase (bank)
JPMorgan Chase Bank, N.A., doing business as Chase, is an American national bank headquartered in New York City that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and financial services holding company, JPMorgan Chase. The bank was known as Chase Manhattan Bank until it merged with J.P. Morgan & Co. in 2000. Chase Manhattan Bank was formed by the merger of the Chase National Bank and the Manhattan Company in 1955. The bank merged with Chemical Bank New York in 1996 and later merged with Bank One Corporation in 2004 and in 2008 acquired the deposits and most assets of Washington Mutual. In May 2023, it acquired the assets of First Republic Bank. Chase offers more than 4,701 branches and 15,000 ATMs nationwide and has 18.5 million checking accounts and 25 million debit card users as of 2023. JPMorgan Chase & Co. has 250,355 employees (as of 2016) and operates in more than 100 countries. JPMorgan Chase & Co. had assets of $3.3 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grand Central Terminal
Grand Central Terminal (GCT; also referred to as Grand Central Station or simply as Grand Central) is a commuter rail terminal station, terminal located at 42nd Street (Manhattan), 42nd Street and Park Avenue in Midtown Manhattan, New York City. Grand Central is the southern terminus of the Metro-North Railroad's Harlem Line, Harlem, Hudson Line (Metro-North), Hudson and New Haven Lines, serving the northern parts of the New York metropolitan area. It also contains a connection to the Long Island Rail Road through the Grand Central Madison station, a rail terminal underneath the Metro-North station, built from 2007 to 2023. The terminal also connects to the New York City Subway at Grand Central–42nd Street station. The terminal is the List of busiest railway stations in North America, third-busiest train station in North America, after New York Penn Station and Toronto Union Station. The distinctive architecture and interior design of Grand Central Terminal's station buildi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sing Sing
Sing Sing Correctional Facility is a maximum-security prison for men operated by the New York State Department of Corrections and Community Supervision in the village of Ossining (village), New York, Ossining, New York, United States. It is about north of Midtown Manhattan on the east bank of the Hudson River. It holds about 1,700 Prisoner, inmates as of 2007, and housed the Execution chamber#Locations, execution chamber for the State of New York for a period, with the final execution there occurring in 1963; instead Green Haven Correctional Facility had the execution chamber by the late 20th Century, before the total abolition of Capital punishment in New York (state), capital punishment in New York in 2007. The name "Sing Sing" derives from the Sintsink Native American tribe from whom the New York colony purchased the land in 1685, and was formerly the name of the village. In 1970, the prison's name was changed to Ossining Correctional Facility, but it reverted to its original ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grand Jury
A grand jury is a jury empowered by law to conduct legal proceedings, investigate potential criminal conduct, and determine whether criminal charges should be brought. A grand jury may subpoena physical evidence or a person to testify. A grand jury is separate from the courts, which do not preside over its functioning. Originating in England during the Middle Ages, modern examples include grand juries in the United States, and to a lesser extent, Liberia. In Japan, there are citizen Prosecutorial Review Committees which review cases that have been dropped by the prosecution, but they are not required for an indictment like in the previous two. Grand juries perform both accusatory and investigatory functions. The investigatory functions of grand juries include obtaining and reviewing documents and other evidence, and hearing sworn testimonies of witnesses who appear before it; the accusatory function determines whether there is probable cause to believe that one or more persons co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas E
Thomas may refer to: People * List of people with given name Thomas * Thomas (name) * Thomas (surname) * Saint Thomas (other) * Thomas Aquinas (1225–1274) Italian Dominican friar, philosopher, and Doctor of the Church * Thomas the Apostle * Thomas (bishop of the East Angles) (fl. 640s–650s), medieval Bishop of the East Angles * Thomas (Archdeacon of Barnstaple) (fl. 1203), Archdeacon of Barnstaple * Thomas, Count of Perche (1195–1217), Count of Perche * Thomas (bishop of Finland) (1248), first known Bishop of Finland * Thomas, Earl of Mar (1330–1377), 14th-century Earl, Aberdeen, Scotland Geography Places in the United States * Thomas, Idaho * Thomas, Illinois * Thomas, Oklahoma * Thomas, Oregon * Thomas, South Dakota * Thomas, Virginia * Thomas, Washington * Thomas, West Virginia * Thomas County (other) * Thomas Township (other) Elsewhere * Thomas Glacier (Greenland) Arts and entertainment *Thomas (Burton novel), ''Thomas'' (Burton novel) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
District Attorney
In the United States, a district attorney (DA), county attorney, county prosecutor, state attorney, state's attorney, prosecuting attorney, commonwealth's attorney, or solicitor is the chief prosecutor or chief law enforcement officer representing a U.S. state in a local government area, typically a county or a group of counties. The exact scope of the office varies by state. Generally, the prosecutor is said to represent the people of the jurisdiction in the state's courts, typically in criminal matters, against defendants. District attorneys are elected in almost all states, and the role is generally partisan. This is unlike similar roles in other common law jurisdictions, where chief prosecutors are appointed based on merit and expected to be politically independent. The prosecution is the legal party responsible for presenting the case against an individual suspected of breaking the state's criminal law, initiating and directing further criminal investigations, guiding an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York County
Manhattan ( ) is the most densely populated and geographically smallest of the five boroughs of New York City. Coextensive with New York County, Manhattan is the smallest county by area in the U.S. state of New York. Located almost entirely on Manhattan Island near the southern tip of the state, Manhattan constitutes the center of the Northeast megalopolis and the urban core of the New York metropolitan area. Manhattan serves as New York City's economic and administrative center and has been described as the cultural, financial, media, and entertainment capital of the world. Present-day Manhattan was originally part of Lenape territory. European settlement began with the establishment of a trading post by Dutch colonists in 1624 on Manhattan Island; the post was named New Amsterdam in 1626. The territory came under English control in 1664 and was renamed New York after King Charles II of England granted the lands to his brother, the Duke of York. New York, based in prese ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Yacht Club
The New York Yacht Club (NYYC) is a private social club and yacht club based in New York City and Newport, Rhode Island. It was founded in 1844 by nine prominent sportsmen. The members have contributed to the sport of yachting and yacht design. As of 2001, the organization was reported to have about 3,000 members. Membership in the club is by invitation only. Its officers include a commodore, vice-commodore, rear-commodore, secretary and treasurer. The club is headquartered at the New York Yacht Club Building in New York City. The America's Cup trophy was won by members in 1851 and held by the NYYC until 1983. The NYYC successfully defended the trophy twenty-four times in a row before being defeated by the Royal Perth Yacht Club, represented by the yacht ''Australia II''. The NYYC's reign was the longest winning streak as measured by years in the history of all sports. The NYYC entered 2021 and 2024 America's Cup competition under the syndicate name American Magic. Club ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Embezzle
Embezzlement (from Anglo-Norman, from Old French ''besillier'' ("to torment, etc."), of unknown origin) is a type of financial crime, usually involving theft of money from a business or employer. It often involves a trusted individual taking advantage of their position to steal funds or assets, most commonly over a period of time. Versus larceny Embezzlement is not always a form of theft or an act of stealing ''per se'', since those definitions specifically deal with taking something that does not belong to the perpetrators. Instead, embezzlement is, more generically, an act of deceitfully secreting assets by one or more persons that have been ''entrusted'' with such assets. The persons entrusted with such assets may or may not have an ownership stake in such assets. Embezzlement differs from larceny in three ways. First, in embezzlement, an actual ''conversion'' must occur; second, the original taking must not be trespassory, and third, in penalties. To say that the takin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dow Jones Industrial Average
The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indices. It is Price-weighted index, price-weighted, unlike other common indexes such as the Nasdaq Composite or S&P 500, which use Capitalization-weighted index, market capitalization. The DJIA also contains fewer stocks, which could exhibit higher risk; however, it could be less volatile when the market is rapidly rising or falling due to its components being well-established large-cap companies. The value of the index can also be calculated as the sum of the stock prices of the companies included in the index, divided by a factor, which is approximately 0.163 . The factor is changed whenever a constituent company undergoes a stock split so that the value of the index is unaffected by the stock split. First calculated on May 26, 1896, the ind ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panic Of 1907
The Panic of 1907, also known as the 1907 Bankers' Panic or Knickerbocker Crisis, was a financial crisis that took place in the United States over a three-week period starting in mid-October, when the New York Stock Exchange suddenly fell almost 50% from its peak the previous year. The panic occurred during a time of economic recession, and there were numerous bank run, runs affecting banks and trust company, trust companies. The 1907 panic eventually spread throughout the nation when many state and local banks and businesses entered bankruptcy. The primary causes of the run included a retraction of market liquidity by a number of New York City banks and a loss of confidence among depositors, exacerbated by unregulated side bets at bucket shop (stock market), bucket shops. The panic was triggered by the failed attempt in October 1907 to cornering the market, corner the market on stock of the United Copper, United Copper Company. When the bid failed, banks that had lent money to t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
