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Irene Golda Kunz was born in Salt Lake City, Utah on February 1, 1937, [1] one of 31 children [2] born to polygamist Morris Kunz. [3] She was the fifth generation of her family to live in polygamy. Her ancestors were members of the LDS Church who believed that they could not attain the highest rewards of heaven unless they were in plural ...
The Financial News Network (FNN) was an American financial and business news television network launched on November 30, 1981. The network aimed to broadcast programming nationwide, five days a week, for seven hours a day on 13 stations in an effort to expand the availability of business news for public dissemination.
A Burlington Sock (in the mid-1990s) On November 6, 1923 J. Spencer Love founded a textile corporation in Burlington, North Carolina. [1] [2] Love and his father brought $50,000 worth in machinery from a factory they had sold in Gastonia to Burlington, and also invested $200,000 that they had earned from the sale of the Gastonia plant, as well as selling an additional $200,000 worth of stock ...
In the early 1960s, Bob Chase began developing a plan for a fine art gallery. [5] He had recently graduated from the University of Wisconsin–Madison [6] [5] and convinced his father, Merrill Chase, who owned a portrait photography business, [1] to join him in opening a fine art gallery that would focus on emerging artists, mid-career artists, and works of art on paper by masters.
The curb market grew further out of the Open Board of Brokers, previously in a building on New Street. [8] Founded in part by former curbstone brokers, [9] the Open Board of Stock Brokers was an early regional stock exchange established in 1864, [4] [9] which merged with the NYSE in 1869.
The phrase Big Bang, used in reference to the sudden deregulation of financial markets, was coined to describe measures, including abolition of fixed commission charges and of the distinction between stockjobbers and stockbrokers on the London Stock Exchange and change from open outcry to screen-based electronic trading, effected by UK Prime Minister Margaret Thatcher in 1986.
Michael Milken, the man credited with creating the market for high yield "junk" bonds and spurring the LBO boom of the 1980s. The beginning of the first boom period in private equity would be marked by the well-publicized success of the Gibson Greetings acquisition in 1982 and would roar ahead through 1983 and 1984 with the soaring stock market driving profitable exits for private equity ...
May 9, 1901, headline in The New York Times. The Panic of 1901 was the first stock market crash on the New York Stock Exchange, caused in part by struggles between E. H. Harriman, Jacob Schiff, and J. P. Morgan/James J. Hill for the financial control of the Northern Pacific Railway.