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Roy Neuberger
Roy Rothschild Neuberger (July 21, 1903 – December 24, 2010) was an American financier who contributed money to raise public awareness of modern art through his acquisition of pieces he deemed worthy. He was a co-founder of the investment firm Neuberger Berman. Roy Neuberger served for several decades as Honorary Trustee, Benefactor, and member of the Department of Modern Art's Visiting Committee at The Metropolitan Museum of Art. Biography Roy Rothschild Neuberger (unrelated to the famous Rothschild family) was born in Bridgeport, Connecticut, and spent his childhood in New York. Born into a wealthy Jewish family, he was orphaned at the age of 12 after the deaths of his father Louis Neuberger, an immigrant from Germany and his mother, Bertha Rothschild, who was originally from Chicago. Neuberger described himself as having been interested during high school in tennis. He matriculated at New York University, originally to study journalism, but grew restless and dropped ou ...
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National Medal Of Arts
The National Medal of Arts is an award and title created by the United States Congress in 1984, for the purpose of honoring artists and patrons of the arts. A prestigious American honor, it is the highest honor given to artists and arts patrons by the United States government. Nominations are submitted to the National Council on the Arts, the advisory committee of the National Endowment for the Arts (NEA), who then submits its recommendations to the White House for the President of the United States to award. The medal was designed for the NEA by sculptor Robert Graham. Laureates In 1983, prior to the official establishment of the National Medal of Arts, through the President's Committee on the Arts and Humanities, President Ronald Reagan awarded a medal to artists and arts patrons. Recipients of the National Medal of Arts The National Medal of Arts was first awarded in 1985. It was most recently awarded in 2020. Declined honors In 1989, composer and conductor Leonard B ...
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Painting
Painting is the practice of applying paint, pigment, color or other medium to a solid surface (called the "matrix" or "support"). The medium is commonly applied to the base with a brush, but other implements, such as knives, sponges, and airbrushes, can be used. In art, the term ''painting ''describes both the act and the result of the action (the final work is called "a painting"). The support for paintings includes such surfaces as walls, paper, canvas, wood, glass, lacquer, pottery, leaf, copper and concrete, and the painting may incorporate multiple other materials, including sand, clay, paper, plaster, gold leaf, and even whole objects. Painting is an important form in the visual arts, bringing in elements such as drawing, Composition (visual arts), composition, gesture (as in gestural painting), narrative, narration (as in narrative art), and abstraction (as in abstract art). Paintings can be naturalistic and representational (as in still life and landscape art, lands ...
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Peter Hurd
Peter Hurd (February 22, 1904 – July 9, 1984) was an American painter whose work is strongly associated with the people and landscapes of San Patricio, New Mexico, where he lived from the 1930s. He is equally acclaimed for his portraits and his western landscapes. Early in his life, Hurd studied in Chadds Ford, Pennsylvania under the noted illustrator N. C. Wyeth, along with two of his grown children. Hurd later married the painter's eldest daughter, Henriette Wyeth, who also is known as an accomplished painter. During World War II, Hurd worked for ''Life'' magazine as a war correspondent attached to the US Air Force. He created hundreds of "War Sketches". Life Born in Roswell, New Mexico, Peter Hurd originally attended military school before he realized he loved painting and wanted to pursue it professionally. After graduating from the New Mexico Military Institute in Roswell, he was halfway through West Point when he changed course to follow his true calling. He moved to ...
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Mutual Fund
A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital') and open-ended investment company (OEIC) in the UK. Mutual funds are often classified by their principal investments: money market funds, bond or fixed income funds, stock or equity funds, or hybrid funds. Funds may also be categorized as index funds, which are passively managed funds that track the performance of an index, such as a stock market index or bond market index, or actively managed funds, which seek to outperform stock market indices but generally charge higher fees. Primary structures of mutual funds are open-end funds, closed-end funds, unit investment trusts. Open-end funds are purchased from or sold to the issuer at the net asset value of each share as o ...
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Robert Berman (banker)
Robert Berman was the co-founder in 1939, along with Roy Neuberger, of the eponymous Neuberger Berman Neuberger Berman Group LLC is a private, independent, employee-owned investment management firm. The firm manages equities, fixed income, private equity and hedge fund portfolios for global institutional investors, advisors and high-net-worth ... investment and financial services company. In 1950, their firm started one of the first no-load mutual funds in the United States, the Guardian Fund, which still operates today . References American money managers American Jews American company founders {{US-business-bio-stub ...
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Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% ...
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Halle & Stieglitz
The 1890s-founded Halle & Stieglitz brokerage, was described in 1970 as having "an extensive brokerage and underwriting business ... switched from a partnership to a corporation." About three years later they absorbed another brokerage and became Halle & Stieglitz, Filor Bullard Inc. The merger more than doubled their count of domestic offices, which went from eight to eighteen, "and foreign offices in Paris and Lugano, Switzerland." Partnership ''The New York Times'' reported on the growth of the firm, as it added partners. Corporation When the firm became a corporation in 1970, it named Stanley J. Halle, a son of the firm's co-founder Jacques S. Halle, as honorary chairman of the board. The son had joined the firm decades prior, becoming "a general partner in 1915 and senior partner in 1950." Timing Stanley Halle became a general partner a year before his father died, and was appointed honorary chairman 2 years before he died. Lawsuit by them against Empress In 1977, the com ...
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Black Tuesday
The Wall Street Crash of 1929, also known as the Great Crash, was a major American stock market crash that occurred in the autumn of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed. It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its aftereffects. The Great Crash is mostly associated with October 24, 1929, called ''Black Thursday'', the day of the largest sell-off of shares in U.S. history, and October 29, 1929, called ''Black Tuesday'', when investors traded some 16 million shares on the New York Stock Exchange in a single day. The crash, which followed the London Stock Exchange's crash of September, signaled the beginning of the Great Depression. Background The "Roaring Twenties", the decade following World War I that led to the crash, was a time of wealth and excess. Building on post-war optimism, rural Amer ...
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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 ...
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Vincent Van Gogh
Vincent Willem van Gogh (; 30 March 185329 July 1890) was a Dutch Post-Impressionist painter who posthumously became one of the most famous and influential figures in Western art history. In a decade, he created about 2,100 artworks, including around 860 oil paintings, most of which date from the last two years of his life. They include landscapes, still lifes, portraits and self-portraits, and are characterised by bold colours and dramatic, impulsive and expressive brushwork that contributed to the foundations of modern art. Not commercially successful, he struggled with severe depression and poverty, eventually leading to his suicide at age thirty-seven. Born into an upper-middle class family, Van Gogh drew as a child and was serious, quiet, and thoughtful. As a young man, he worked as an art dealer, often traveling, but became depressed after he was transferred to London. He turned to religion and spent time as a Protestant missionary in southern Belgium. He drif ...
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Florent Fels
Ferdinand Florent Fels (14 August 1891, Paris – 26 January 1977, Cap-d'Ail) was a French journalist, publisher and author prominent in discussing art in France. He often used the pseudonym Felsenberg. In 1919 he pooled his demobilisation bonus with Marcel Sauvage to found the magazine ''Action: Cahiers individualistes de philosophie et d’art''. Here they expressed an individualist anarchist philosophy. In 1920 he organised a "counter-manifestation" against Dadaism. However, with the development of surrealism Surrealism is a cultural movement that developed in Europe in the aftermath of World War I in which artists depicted unnerving, illogical scenes and developed techniques to allow the unconscious mind to express itself. Its aim was, according to l ... Fels' idealistic approach proved unpopular and the magazine closed in 1922. References 1891 births 1977 deaths {{France-journalist-stub ...
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Meyer Schapiro
Meyer Schapiro (23 September 1904 – 3 March 1996) was a Lithuanian-born American art historian known for developing new art historical methodologies that incorporated an interdisciplinary approach to the study of works of art. An expert on early Christian, Medieval, and Modern art, Schapiro explored art historical periods and movements with a keen eye towards the social, political, and the material construction of art works. Credited with fundamentally changing the course of the art historical discipline, Schapiro's scholarly approach was dynamic and it engaged other scholars, philosophers, and artists. An active professor, lecturer, writer, and humanist, Schapiro maintained a long professional association with Columbia University in New York as a student, lecturer, and professor. Background Meir Schapiro was born in Šiauliai, Lithuania (then Governorate of Kaunas of the Russian Empire) on September 23, 1904. His ancestors were Talmudic scholars. His parents, Nathan Menache ...
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