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Tino De Angelis
Anthony "Tino" De Angelis (November 3, 1915 – September 26, 2009) was a Bayonne, New Jersey, commodities trader who dealt in vegetable oil futures worldwide. In 1962 De Angelis' company, ''Allied Crude Vegetable Oil Refining Corporation'', bilked 51 banks out of over $180 million ($ billion today) in what became known as the Salad Oil scandal after he failed to corner the soybean oil market. (Soybean oil is used in salad dressing.) Biography De Angelis was born to Italian immigrant parents in the Bronx. While still a teenager he managed about 200 employees in a meat and fish market. When he found out that the new National School Lunch Act program would buy practically any food items (given certain price requirements) he took over the Adolph Gobel Company in North Bergen, New Jersey and was awarded a large contract, whence he promptly overcharged the government by $31,000. He also delivered over 2 million pounds of uninspected meat. Gobel would eventually go bankrupt. In 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Podcast
A podcast is a program made available in digital format for download over the Internet. For example, an episodic series of digital audio or video files that a user can download to a personal device to listen to at a time of their choosing. Streaming applications and podcasting services provide a convenient and integrated way to manage a personal consumption queue across many podcast sources and playback devices. There also exist podcast search engines, which help users find and share podcast episodes. A podcast series usually features one or more recurring hosts engaged in a discussion about a particular topic or current event. Discussion and content within a podcast can range from carefully scripted to completely improvised. Podcasts combine elaborate and artistic sound production with thematic concerns ranging from scientific research to slice-of-life journalism. Many podcast series provide an associated website with links and show notes, guest biographies, transcript ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Express
American Express Company (Amex) is an American multinational corporation specialized in payment card services headquartered at 200 Vesey Street in the Battery Park City neighborhood of Lower Manhattan in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average. The company's logo, adopted in 1958, is a gladiator or centurion whose image appears on the company's well-known traveler's cheques, charge cards, and credit cards. During the 1980s, Amex invested in the brokerage industry, acquiring what became, in increments, Shearson Lehman Hutton and then divesting these into what became Smith Barney Shearson (owned by Primerica) and a revived Lehman Brothers. By 2008 neither the Shearson nor the Lehman name existed. In 2016, credit cards using the American Express network accounted for 22.9% of the total dollar volume of credit card transactions in the United States. , the company had 121.7million cards in force, in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
