Steve Madden (radio Presenter)
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Steve Madden (radio Presenter)
Steven Madden (born March 23, 1958) is an American fashion designer and businessman. He is the founder and former chief executive officer of Steve Madden, Ltd., a publicly traded company. He was forced to resign as an executive following his conviction for financial crimes. Life and career Madden was born in Far Rockaway, Queens, the son of a Jewish mother and an Irish Catholic father. He grew up in adjoining Lawrence and graduated from the local high school in Nassau County, New York. After high school, Madden studied at the University of Miami for two years before returning to Long Island. The youngest of three brothers, he started Steve Madden, Ltd. with $1,100 in 1990 by selling shoes out of the trunk of his car. Criminal conviction Madden's financial affairs were closely entangled with Long Island "pump and dump" brokerage house Stratton Oakmont, cofounded by Madden's childhood friend Danny Porush, who first lent him money to expand his fledgling company, and then under ...
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Queens, New York
Queens is the largest by area of the Boroughs of New York City, five boroughs of New York City, coextensive with Queens County, in the U.S. state of New York (state), New York. Located near the western end of Long Island, it is bordered by the borough of Brooklyn and by Nassau County, New York, Nassau County to its east, and shares maritime borders with the boroughs of Manhattan, the Bronx, and Staten Island, as well as with New Jersey. Queens is one of the most linguistics, linguistically and ethnically diverse places in the world. With a population of 2,405,464 as of the 2020 United States census, 2020 census, Queens is the second-most populous county in New York state, behind Kings County (Brooklyn), and is therefore also the second-most populous of the five New York City boroughs. If Queens were its own city, it would be the List of United States cities by population, fourth most-populous in the U.S. after the rest of New York City, Los Angeles, and Chicago. Queens is the fo ...
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Daily News (New York)
The ''Daily News'' is an American newspaper based in Jersey City, New Jersey. It was founded in 1919 by Joseph Medill Patterson in New York City as the ''Illustrated Daily News''. It was the first U.S. daily printed in tabloid format, and reached its peak circulation in 1947, at 2.4 million copies a day. it was the eleventh-highest circulated newspaper in the United States. For much of the 20th century, the paper operated out of the historic art deco Daily News Building with its large globe in the lobby. Today's ''Daily News'' is not connected to the earlier ''New York Daily News'', which shut down in 1906. The ''Daily News'' is owned by parent company Daily News Enterprises. This company is owned by Alden Global Capital and was formed when Alden, which also owns news media publisher Digital First Media, purchased then-owner Tribune Publishing in May 2021 and then separated the ''Daily News'' from Tribune to form Daily News Enterprises upon the closing of the Tribune acquis ...
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New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive with a respective county. The city is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the United States by both population and urban area. New York is a global center of finance and commerce, culture, technology, entertainment and media, academics, and scientific output, the arts and fashion, and, as home to the headquarters of the United Nations, international diplomacy. With an estimated population in 2024 of 8,478,072 distributed over , the city is the most densely populated major city in the United States. New York City has more than double the population of Los Angeles, the nation's second-most populous city.
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Newsweek
''Newsweek'' is an American weekly news magazine based in New York City. Founded as a weekly print magazine in 1933, it was widely distributed during the 20th century and has had many notable editors-in-chief. It is currently co-owned by Dev Pragad, the president and chief executive officer (CEO), and Johnathan Davis, who sits on the board; each owns 50% of the company. In August 2010, revenue decline prompted Graham Holdings, the Washington Post Company to sell ''Newsweek'' to the audio pioneer Sidney Harman for one US dollar and an assumption of the magazine's liabilities. Later that year, ''Newsweek'' merged with the news and opinion website ''The Daily Beast'', forming The Newsweek Daily Beast Company, later called ''NewsBeast''. ''Newsweek'' was jointly owned by the estate of Harman and the company IAC (company), IAC. ''Newsweek'' continued to experience financial difficulties, leading to the suspension of print publication at the end of 2012. In 2013, IBT Media acquired ...
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Ocala, Florida
Ocala ( ) is a city in and the county seat of Marion County, Florida, United States. Located in North Central Florida, the city's population was 63,591 as of the 2020 United States census, 2020 census, up from 56,315 at the 2010 census and making it the List of municipalities in Florida, 43rd-most populated city in Florida. Ocala is the principal city of the Ocala Metropolitan statistical area, metropolitan area, which had a population of 375,908 in 2020. Home to over 400 thoroughbred farms and training centers, Ocala is considered the "Horse Capital of the World". Notable attractions include the Ocala National Forest, Silver Springs State Park, Rainbow Springs State Park, the College of Central Florida, and the World Equestrian Center. History Ocala is named after Ocale (also Cale, Etocale, and other variants), a Timucua village and chiefdom recorded in the 16th century, the name of which is believed to mean "Big Hammock" in the Timucua language. Another possible meaning of t ...
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Federal Correctional Complex, Coleman
The Federal Correctional Complex, Coleman (FCC Coleman) is a United States federal prison complex for male inmates in unincorporated Sumter County, Florida, near Wildwood. It is operated by the Federal Bureau of Prisons (BOP), a division of the United States Department of Justice. The facility is located in central Florida, approximately northwest of Orlando, northeast of Tampa, and south of Ocala. The complex has of space.Lee, Suevon. "A View Inside Federal Lockup." ''Ocala Star-Banner''. Thursday, January 21, 2010. p3 Retrieved on December 6, 2015. , the complex, the largest correctional facility operated in the nation, altogether houses 7,120 prisoners,Lee, Suevon. "A View Inside Federal Lockup." ''Ocala Star-Banner''. Thursday, January 21, 2010. p2 Retrieved on December 6, 2015. and 1,300 employees, making it one of the largest employers in the county.Lee, Suevon. "A View Inside Federal Lockup." ''Ocala Star-Banner''. Thursday, January 21, 2010. p1 Retrieved on December ...
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Eglin Air Force Base
Eglin Air Force Base is a United States Air Force (USAF) base in the western Florida panhandle, located about southwest of Valparaiso, Florida, Valparaiso in Okaloosa County, Florida, Okaloosa County. The host unit at Eglin is the 96th Test Wing (formerly the 96th Air Base Wing). The 96 TW is the test and evaluation center for Air Force air-delivered weapons, navigation and guidance systems, command and control systems, and Air Force Special Operations Command (AFSOC) systems. Eglin AFB was established in 1935 as the Valparaiso Bombing and Gunnery Base. It is named in honor of Lieutenant colonel (United States), Lt. Col. Frederick I. Eglin who was killed in a crash of his Northrop A-17 attack aircraft on a flight from Langley AFB, Langley to Maxwell Field, Alabama. History Creation and World War II Much of the base was part of a United States National Forest, national forest until the outbreak of World War II in Europe when a proving ground for aircraft armament was esta ...
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Federal Prison Camp, Eglin
Federal Prison Camp, Eglin was a Federal Bureau of Prisons minimum security prison at Biancur Field, Auxiliary Field 6, Eglin Air Force Base in Florida. Lacey Rose of ''Forbes (magazine), Forbes'' wrote that it "was once considered so cushy that the term "Club Fed" was actually coined to describe it." By 2006 the federal government decided to cut costs by closing Eglin and returning the buildings to the United States Air Force, Air Force. The prisoners were moved to Federal Prison Camp, Pensacola.Rudman, Mladen.Article: Eglin prison to turn in key: The camp's five dormitories and smaller buildings will be returned to the Air Force after remaining personnel leaves by Feb. 20. ''Northwest Florida Daily News''. January 10, 2006. Retrieved on August 23, 2010. Notable inmates The five Watergate burglaries, Watergate burglars - Bernard Barker, Virgilio Gonzalez, Eugenio Martínez, James W. McCord Jr., and Frank Sturgis - were inmates at Eglin. *Paul Bilzerian (born 1950), financier c ...
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Securities Fraud
Securities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information."Securities Fraud Awareness & Prevention Tips
faq by FBI, accessed February 11, 2013
The setups are generally made to result in monetary gain for the deceivers, and generally result in unfair monetary losses for the investors. They are generally violating securities laws. Securities fraud can also include outright theft from investors ( embezzlement by
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Stock Manipulation
In economics and finance, market manipulation occurs when someone intentionally alters the supply or demand of a security to influence its price. This can involve spreading misleading information, executing misleading trades, or manipulating quotes and prices. Market manipulation is prohibited in most countries, in particular, it is prohibited in the United States under Section 9(a)(2) of the Securities Exchange Act of 1934, in the European Union under Article 12 of the ''Market Abuse Regulation'', in Australia under Section 1041A of the Corporations Act 2001, and in Israel under Section 54(a) of the securities act of 1968. In the US, market manipulation is also prohibited for wholesale electricity markets under Section 222 of the Federal Power Act and wholesale natural gas markets under Section 4A of the Natural Gas Act. Examples Pools Agreements, often written, among a group of traders to delegate authority to a single manager to trade in a specific stock for a wor ...
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Class Action
A class action is a form of lawsuit. Class Action may also refer to: * ''Class Action'' (film), 1991, starring Gene Hackman and Mary Elizabeth Mastrantonio * Class Action (band), a garage house band * "Class Action" (''Teenage Robot''), a 2002 episode of ''My Life as a Teenage Robot'' *''Class Action'', a play by Brad Slaight *''Class Action'', a 2002 book that was the basis for the film '' North Country'' *''Cla$$ Action'', a 2005 novel by Henry Denker {{Disambiguation ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ...
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