Russell Carson
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Illinois Yearly Meeting of Friends
ILLINOIS YEARLY MEETING OF FRIENDS ANNUAL FOUR-DAY SESSIONS OPEN IN COMPATIBILITY, WHERE POSSIBLE, WITH THE SCHEDULING OF WESTERN AND IOWA CONSERVATIVE YEARLY MEETINGS AT THE DISCRETION OF THE CONTINUING COMMITTEE 2005 Sessions will be held from 7/27/05 to 7/31/05 on Quaker Lane near McNabb, Illinois at the Yearly Meetinghouse 130th Annual Session July 28 – August 1, 2004 YEARLY MEETING OFFICERS 2004–2005 Presiding Clerk: Recording Clerk: Reading Clerk: Assistant Clerk: Maurine Pyle Beth Schobernd Jeanette Baker Sue Davison Asst. Rec. Clerk: Treasurer Field Secretary: Admin. Coord.: Margie Haworth Roger Laughlin Roxy Jacobs Sharon Haworth Teen Friends Co-Clerks: Trevor Munroe, Meg Nelson, Alethea Tschetterwood, Teen Friends Recording Clerk: Ashlee Miller-Berry, Trustees: Richard Ashdown, Carol Bartles, Meetinghouse Phone: 815-882-2214 IYM Website: www.ilym.org 1 ILLINOIS YEARLY MEETING 2004 Blue River Quarterly B-N CC Co De P-G St.L SoI U-C Members & Attenders Statistics Average Attendance: 1 15 19 3 4 55 8 18 Adults 0 4 1 0 0 10 6 4 Under 18 years old Membership Statistics 13 26 15 2 5 61 6 26 Resident Adult Members 0 0 0 0 0 10 9 5 Resident Young Friends 4 34 31 10 2 64 4 21 Non-Resident Adult Members 1 0 0 1 0 8 0 6 Non-Resident Young Friends 18 60 46 13 7 143 19 58 TOTAL 17 60 46 12 7 125 10 47 Total Adult Members 1 0 0 1 0 18 9 11 Total Young Friends NEW MEMBERS 0 0 0 0 0 0 0 0 By Birth or Adoption 0 2 0 0 0 4 1 3 By Request 0 0 0 0 0 1 0 0 By Certificate of Transfer 0 2 0 0 0 5 1 3 TOTAL LOSSES 0 2 0 0 0 0 0 2 Deceased 0 2 1 0 0 -
Fall 2005 $2.50
American Jewish Historical Society Fall 2005 $2.50 PRESIDENTIAL DINNER 'CRADLED IN JUDEA' EXHIBITION CHANUKAH AMERICAN STYLE BOSTON OPENS 350TH ANNIVERSARY EXHIBIT FROM THE ARCHIVES: NEW YORK SECTION, NCJW NEW JEWISH BASEBALL DISCOVERIES TO OUR DONORS The American Jewish Historical Society gratefully STEVEN PLOTNICK HENRY FRIESS JACK OLSHANSKY ARNOLD J. RABINOR KARL FRISCH KATHE OPPENHEIMER acknowledges the generosity of our members and TOBY & JEROME RAPPOPORT ROBERTA FRISSELL JOAN & STEVE ORNSTEIN donors. Our mission to collect, preserve and disseminate JEFF ROBINS PHILLIP FYMAN REYNOLD PARIS ROBERT N. ROSEN DR. MICHAEL GILLMAN MITCHELL PEARL the record of the American Jewish experience would LIEF ROSENBLATT RABBI STEVEN GLAZER MICHAEL PERETZ be impossible without your commitment and support. DORIS ROSENTHAL MILTON GLICKSMAN HAROLD PERLMUTTER WALTER ROTH GARY GLUCKOW PHILLIP ZINMAN FOUNDATION ELLEN R. SARNOFF MARC GOLD EVY PICKER $100,000+ FARLA & HARVEY CHET JOAN & STUART SCHAPIRO SHEILA GOLDBERG BETSY & KEN PLEVAN RUTH & SIDNEY LAPIDUS KRENTZMAN THE SCHWARTZ FAMILY JEROME D. GOLDFISHER JACK PREISS SANDRA C. & KENNETH D. LAPIDUS FAMILY FUND FOUNDATION ANDREA GOLDKLANG ELLIOTT PRESS MALAMED NORMAN LISS EVAN SEGAL JOHN GOLDKRAND JAMES N. PRITZKER JOSEPH S. & DIANE H. ARTHUR OBERMAYER SUSAN & BENJAMIN SHAPELL HOWARD K. GOLDSTEIN EDWARD H RABIN STEINBERG ZITA ROSENTHAL DOUGLAS SHIFFMAN JILL GOODMAN ARTHUR RADACK CHARITABLE TRUST H. A. SCHUPF LEONARD SIMON DAVID GORDIS NANCY GALE RAPHAEL $50,000+ ARTHUR SEGEL HENRY SMITH LINDA GORENS-LEVEY LAUREN RAPPORT JOAN & TED CUTLER ROSALIE & JIM SHANE TAWANI FOUNDATION GOTTESTEIN FAMILY FOUNDATION JULIE RATNER THE TRUSTEES VALYA & ROBERT SHAPIRO MEL TEITELBAUM LEONARD GREENBERG ALAN REDNER UNDER THE WILL OF STANLEY & MARY ANN SNIDER MARC A. -
Julian Robertson: a Tiger in the Land of Bulls and Bears
STRACHMAN_FM_pages 6/29/04 11:35 AM Page i Julian Robertson A Tiger in the Land of Bulls and Bears Daniel A. Strachman John Wiley & Sons, Inc. STRACHMAN_FM_pages 6/29/04 11:35 AM Page i Julian Robertson A Tiger in the Land of Bulls and Bears Daniel A. Strachman John Wiley & Sons, Inc. STRACHMAN_FM_pages 6/29/04 11:35 AM Page ii Copyright © 2004 by Daniel A. Strachman. All rights reserved. Published by John Wiley & Sons, Inc., Hoboken, New Jersey. Published simultaneously in Canada. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permis- sion of the Publisher, or authorization through payment of the appropriate per- copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, 978-750-8400, fax 978-646-8600, or on the web at www. copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, 201-748-6011, fax 201-748-6008. Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fit- ness for a particular purpose. -
Phony Philanthropy of the Walmart Heirs
Legal Disclaimer: UFCW and OUR Walmart have the purpose of helping Wal-Mart employees as individuals or groups in their dealings with Wal-Mart over labor rights and standards and their efforts to have Wal-Mart publically commit to adhering to labor rights and standards. UFCW and OUR Walmart have no intent to have Walmart recognize or bargain with UFCW or OUR Walmart as the representative of Walmart employees. Walmart1Percent.Org WALTON FAMILY “PHILANTHROPY”: A Distraction from the Walmart Economy Americans believe in the power of charitable giving. Eighty-eight percent of American households give to charity, contributing more than $2,000 per year on average.1 Despite their charitable inclinations, most American families, acting on their own, lack the financial resources to make a significant impact on the problems facing our society. The Walton family, majority owner of Walmart, is a notable exception. As members of the richest family in the United States, the Waltons have $140 billion at their disposal—enough wealth to make a positive mark on the world and still leave a fortune for their descendants. The Waltons certainly wish to be seen as a force for good. Their company claims to help people “live better” and the Walton Family Foundation mission statement speaks of “creating opportunity so that individuals and communities can live better in today’s world.”2 But that mission statement seems ironic, given that many of the most acute challenges facing American families in 2014 could rightfully be viewed as symptoms of our “Walmart economy,” characterized by rising inequality and economic insecurity. -
Aqr-Barrons-022916.Pdf
THE DOW JONES BUSINESS AND FINANCIAL WEEKLY www.barrons.com FEBRUARY 29, 2016 % John Liew, Cliff Asness, David Kabiller, and a team of high-powered Ph.Ds have built AQR into a $141 billion investment giant that gets impressive returns in good markets and bad. (over please) THE PUBLISHER’S SALE OF THIS REPRINT DOES Not CONSTITUTE OR IMPLY ANY ENdoRSEMENT OR SpoNSORSHIP OF ANY PRODUct, SERVICE, COMPANY OR ORGANIZATION. Custom Reprints 800.843.0008 www.djreprints.com DO NOT EDIT OR ALTER REPRINT/REPRODUCTIONS NOT PERMITTED 52518 February 29, 2016 BARRON S S5 COVER STORY February 29, 2016 AQR’s academic research has ledBARRON to someS truly alternative funds. S5 COVER STORY MarketAQR’s academic research has Brainiacs led to some truly alternative funds. by Andrew Bary MarketPhotography by Derek Dudek Brainiacs SinceSince U.S. U.S. stocks stocks peakedpeaked inin July,July, few few investmentsshort equity, and have trend-following produced instrong futures returns. funds Globalare in the stocks, black junksince bonds,late July, and in- investmentsby Andrew have produced Bary strong returns. markets. Yet, against this tough backdrop, cluding the industry’s largest fund, the $11 Globalmost commoditiesstocks, junk bonds, have and declined—in most com- manya bunch cases, of academics sharply. are And delivering. many so-called Their billion alternative AQR Managed investments Futures have Strategy failed moditiesPhotography have by declined—in Derek Dudek many cases, firm, AQR Capital Management (AQR (ticker: AQMIX), which is up 7% through sharply.to provide And hoped-formany so-called diversification alternative standsbenefits. for appliedJust look quantitative at the research),big losses mid-February, suffered by against some an notable 11% drop hedge in the Since U.S. -
Vulture Hedge Funds Attack California
JUNE 2019 HEDGE PAPERS No. 67 VULTURE HEDGE FUNDS ATTACK CALIFORNIA "Quick profits for Wall Street" versus safe, sustainable, affordable energy PG&E was plunged into bankruptcy after decades of irresponsible corporate practices led to massive wildfires and billions in new liabilities. Some of the most notorious hedge fund vultures are using their role as investors to make sure PG&E’s bankruptcy leads to big profits for their firms—at the expense of ratepayers, public safety and the environment. CONTENTS 4 | Vulture Hedge Funds Attack 10 | Meet the Billionaires and Vultures Preying on PG&E – Andrew Feldstein – Joshua S Friedman – Paul Singer – Dan Loeb – Jay Wintrob – Seth Klarman – Richard Barrera 17 | How Californias Will Get Hurt – Impact on Public Safety – Impact on Ratepayers – box: Lessons from Puerto Rico 20 | Sustainability / Climate 22 | Protect Californias —And All Americans—From Predatory Hedge Funds 24 | Hedge Funds Should Be Illegal – table: Hedge Funds That Own One Million or More Shares of PG&E 28 | About Hedge Clippers 29 | Press + General Inquiry Contacts MEET HEDGE FUNDS PUTTING THEIR 1 BILLIONS TO WORK IN HARMFUL WAYS Over three dozen hedge funds are attacking California’s biggest utility. SEVEN BILLIONAIRES AND VULTURES are leading the charge. They're treating control of PG&E as up for grabs while climate crisis wildfires rage and customers pay through the nose. The Answer: Outlaw hedge funds. Andrew Feldstein CEO, BlueMountain Capital 2 3 4 Paul Singer Dan Loeb Jay Wintrob Elliott Management Third PointCapital Oaktree -
Charter Lobby Group Details Contributions
FOLLOWING THE MONEY Charter lobby group details contributions Walmart and venture capitalists lead donors Walt-Mart billionaire Alice Walton, the Mass High Technology Council and managing partners at Bain Capital are among the deep pockets behind the ballot campaign to increase the number of Commonwealth charter schools in Massachusetts, according to figures recently filed with the state Office of Campaign Finance. The lobby group, Committee for Public Charter Schools, led by former Board of Education chairman James Peyser, raised close to $390,000 from only 36 donors as part of its effort to put a question on the November 2010 ballot to lift the cap on Commonwealth charters. Almost all of the money was spent for gathering signatures. The lobby group paid a Brookline-based company, SpoonWorks, $325,000 for gathering 72,641 certified signatures, which works out to $4.47 per name. Peyser has said the lobby group will not pursue its ballot question because the legislature delivered virtually everything the group had sought in the recently enacted education bill. Peyser’s group used their ballot initiative as a threat in pushing its agenda with legislative leaders who acquiesced on every significant issue. But the group could still go forward, since the requisite number of signatures has been certified by the Secretary of State. Of particular interest to Peyser is a provision in the ed bill that, for the first time, allows companies to run networks or chains of charter schools under a single board of trustees. Peyser earns six figures a year as an executive with a capital formation group, NewSchools Venture Fund, that underwrites the start up of those very chains of charter schools. -
Hedge Fund Billionaires Attack the Hudson Valley Wall Street Goes All in to Save Tax Breaks for the Wealthy
HEDGE PAPERS No.39 HEDGE FUND BILLIONAIRES ATTACK THE HUDSON VALLEY WALL STREET GOES ALL IN TO SAVE TAX BREAKS FOR THE WEALTHY Hedge funds and billionaire hedge fund managers are destroying our economy, corrupting our government, hurting families and communities and exploding inequality. It’s happening all over America, and increasingly all over the world. And now it’s happening in the Hudson Valley. A tiny group of hedge fund billionaires have targeted the congressional campaign in the 19th House District of New York, spending millions of dollars to support GOP candidate John Faso and attack Democratic candidate Zephyr Teachout. SIX HEDGE FUND BILLIONAIRES HIT THE HUDSON VALLEY WITH $5.5 MILLION IN CAMPAIGN CASH The amount of campaign cash is amazing: we’ve found that six billionaire hedge fund managers from New York City, Connecticut and Long Island have given $5,517,600 to PACs and Super PACs active in the Teachout-Faso campaign in this electoral cycle. These same six men have given $102,768,940 in federal and New York state campaign contributions in the past two decades. They’re not doing it for nothing -- they want something in return. These hedge fund billionaires and their colleagues at hedge funds and private equity firms get billions of dollars in special tax breaks under the “carried interest loophole” – and they want to keep the loophole wide open. Closing the loophole would save the federal government an estimated $18 billion per year, according to an analysis by law professor Victor Fleischer.[1] But huge sums of lobbying and campaign cash directed at Congress – and Congressional candidates – by hedge funds and private equity firms have stymied reform in Washington and fueled continued obstructionism. -
21 Level 1 Investments Consist of Cash and Cash Equivalents, Equity, And
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (dollars in thousands) INVESTMENTS AT FAIR VALUE Level 1 Level 2 Level 3 Net 2017 2016 fair value fair value fair value asset value Total Total Cash and cash equivalents$ 332,132 $ 16,566 $ - $ - $ 348,698 $ 323,766 Derivatives (342) (1,918) - - (2,260) (3,527) Equity Domestic equity 419,412 61,390 1,656 207,434 689,892 646,613 Foreign equity 697,320 33,534 6,744 506,785 1,244,383 886,137 Hedged equity - - 4,945 430,809 435,754 629,455 Private equity - - 47,822 1,332,736 1,380,558 1,173,988 Fixed income Asset backed fixed income - 26,646 929 - 27,575 29,604 Corporate bonds - 213,805 2,888 - 216,693 446,485 Equity partnership - 74 - 459,107 459,181 478,517 International 15,585 76,629 - - 92,214 110,355 Municipals - 11,005 - - 11,005 12,998 Mutual funds (non-equity) - 19,921 - - 19,921 22,603 Preferred/convertible - 15,103 5,014 - 20,117 28,929 Other fixed income - 105 - - 105 5,737 US government 42,897 87,886 - - 130,783 156,155 Marketable alternatives - 152 - 878,830 878,982 722,079 Real assets - 1,350 23,953 1,160,483 1,185,786 936,496 Receivable for investments sold 19,842 - - - 19,842 39,336 Payable for investments purchased (58,727) - - - (58,727) (83,011) Other - - 24,076 - 24,076 24,460 Total investments$ 1,468,119 $ 562,248 $ 118,027 $ 4,976,184 $ 7,124,578 $ 6,587,175 Securities not included in investment portfolio Cash and cash equivalents$ 69,963 $ - $ - $ - $ 69,963 $ 84,714 Level 1 investments consist of cash and cash equivalents, equity, and fi xed-income securities with observable market prices. -
WAL-MART At50
WAL-MART at50 FROM ARKANSAS TO THE WORLD a supplement to . VOL. 29, NO. 27 • JULY 2, 2012 ARKANSASBUSINESS.COM/WALMART50 Fifty years old, and healthy as ever Congratulations, Walmart! And thanks for letting us care for your associates and communities. From one proud Arkansas company to another CONGRATULATIONS TO A GREAT AMERICAN SUCCESS STORY It has been a privilege to travel with Walmart on its remarkable journey, including managing the company’s 1970 initial public offering. From one proud Arkansas company to another, best wishes to all Walmart associates everywhere. INVESTMENT BANKING • WEALTH MANAGEMENT INSURANCE • RESEARCH • SALES & TRADING CAPITAL MANAGEMENT • PUBLIC FINANCE • PRIVATE EQUITY STEPHENS INC. • MEMBER NYSE, SIPC • 1-800-643-9691 STEPHENS.COM WAL-MART at 50 • 3 Wal-Mart: INSIDE: A Homegrown 6 The World of Wal-Mart Mapping the growth of a retail giant Phenomenon 8 Timeline: A not-so-short history of Wal-Mart Stores Inc. Thousands of Arkansans have a Wal-Mart experience to share from the past 50 years that goes far beyond the routine trip to a Supercenter last week. 10 IPO Set the Stage for Global Expansion Wal-Mart is an exciting, homegrown phenomenon engineered by the late Sam Walton, a brilliant businessman who surrounded himself with smart people and proceeded to revolutionize 14 Influx of Workers Transforms retailing, logistics and, indeed, our state and the world. He created a heightened awareness of stock Northwest Arkansas investments as investors from Arkansas to Wall Street watched the meteoric rise in share prices and wondered when the next stock split would occur. -
AQR's Cliff Asness Named the 2019 IAQF/Northfield Financial Engineer of the Year
Contact: Claudia Gray +1 (203) 742-3205 [email protected] AQR’s Cliff Asness Named the 2019 IAQF/Northfield Financial Engineer of the Year GREENWICH, Connecticut, February 28, 2020 – Cliff Asness, Founder, Managing Principal and Chief Investment Officer at AQR Capital Management, was recognized as the 2019 Financial Engineer of the Year (FEOY) by the International Association for Quantitative Finance (IAQF) and Northfield Information Services. He was presented with the honor at the IAQF/Northfield Award Gala Dinner on February 27 by Martin Leibowitz, Managing Director and Vice Chairman of Research at Morgan Stanley. Upon his acceptance of the award, Cliff Asness remarked, “It is a great honor, and quite humbling, to receive this award especially in light of the amazing prior recipients. Thank you to the IAQF for this recognition and for all their work in advancing the field of quantitative finance.” Northfield President Dan diBartolomeo commented, “We are elated to see that a very deserving practitioner has received this year’s award. Cliff Asness has contributed very materially to the asset management industry in terms of the literature, but even more so by the many innovative investment techniques introduced through his firm AQR. His dedication to rigorous thought in many aspects of the investment process is now being appropriately recognized.” The annual IAQF/Northfield FEOY Award, established in 1993, recognizes individual contributions to the advancement of quantitative finance. A nominating committee of approximately 100 people, consisting of all the IAQF governing boards, submits nominations, which are reviewed in a two-step process by a selection committee of 25 members. -
[email protected]
RONEN ISRAEL AQR Capital Management 2 Greenwich Plaza - 3rd Floor Greenwich, CT 06830 Tel: 203 742 3645 Fax: 203 742 3145 Email: [email protected] EXPERIENCE AQR Capital Management Principal 2007- AQR Capital Management Vice President 2004-2007 AQR Capital Management Associate 1999-2004 Quantiative Financial Strategies, Inc. Senior Analyst 1996-1999 PriceWaterhouse Consultant 1995-1996 NYU Leonard N. Stern School of Business Adjunct Professor of Finance 2014- Areas of focus: research and portfolio management of stock selection strategies, hedge fund strategies and alternative risk premia; algorithmic trading and transaction costs analysis EDUCATION Columbia University M.A. Mathematics (mathematical finance) 1999-2000 University of Pennsylvania, Wharton School * B.S. Economics 1991-1995 University of Pennsylvania, School of Engineering * B.A.S. Biomedical Science 1991-1995 * Management and Technology (dual degree) program PUBLISHED PAPERS “The Role of Shorting, Firm Size, and Time on Market Anomalies”, 2013, (with Tobias J. Moskowitz), Journal of Financial Economics, Volume 108, Issue 2, 275–301 (lead paper). “Fact, Fiction and Momentum Investing”, 2014, (with Cliff Asness, Andrea Frazzini, and Tobias J. Moskowitz), Journal of Portfolio Management, 40th Anniversary Issue. “Understanding Style Premia”, 2014, (with Thomas Maloney), Journal of Investing, Winter 2014. “Style Investing: The Long and the Long/Short of It”, 2014, (with Antti Ilmanen and Dan Villalon), IPE (Investment & Pensions Europe) Magazine. “Investing with Style”, 2015, (with Cliff Asness, Antti Ilmanen, and Tobias J. Moskowitz), Journal of Investment Management, Volume 13, No. 1, 27–63. “Fact, Fiction and Value Investing”, 2015, (with Cliff Asness, Andrea Frazzini, and Tobias J. Moskowitz), Journal of Portfolio Management, Fall Issue, Volume 42, Number 1.