Michael Robert Milken is an American financier and philanthropist. He is noted for his role in the development of the market for high-yield bonds, his conviction and sentence following a guilty plea on felony charges for violating U. S. securities laws. Since his release from prison, he has become known for his charitable giving. Milken was pardoned by President Donald Trump on February 18, 2020. Milken was indicted for racketeering and securities fraud in 1989 in an insider trading investigation; as the result of a plea bargain, he pleaded guilty to securities and reporting violations but not to racketeering or insider trading. Milken was sentenced to ten years in prison, fined $600 million, permanently barred from the securities industry by the Securities and Exchange Commission, his sentence was reduced to two years for cooperating with testimony against his former colleagues and for good behavior. Since his release from prison, Milken has funded medical research, he is co-founder of the Milken Family Foundation, chairman of the Milken Institute, founder of medical philanthropies funding research into melanoma and other life-threatening diseases.
A prostate cancer survivor, Milken has devoted significant resources to research on the disease. In a November 2004 cover article, Fortune magazine called him "The Man Who Changed Medicine" for changes in approach to funding and results that he initiated. Milken's compensation while head of the high-yield bond department at Drexel Burnham Lambert in the late 1980s exceeded $1 billion over a four-year period, a record for U. S. income at that time. With an estimated net worth of around $3.7 billion as of 2018, he is ranked by Forbes magazine as the 606th richest person in the world. Milken was born into a middle-class Jewish family in California, he graduated from Birmingham High School where he was the head cheerleader and worked while in school at a diner. His classmates included future Disney president Michael Ovitz and actresses Sally Field and Cindy Williams. In 1968, he graduated from the University of California, Berkeley with a B. S. with highest honors where he was elected to Phi Beta Kappa and was a member of the Sigma Alpha Mu fraternity.
He received his MBA from the Wharton School of the University of Pennsylvania. While at Berkeley, Milken was influenced by credit studies authored by W. Braddock Hickman, a former president of the Federal Reserve Bank of Cleveland, who noted that a portfolio of non-investment grade bonds offered "risk-adjusted" returns greater than that of an investment-grade portfolio. Through his Wharton professors, Milken landed a summer job at Drexel Harriman Ripley, an old-line investment bank, in 1969. After completing his MBA, he joined Drexel as director of low-grade bond research, he was given control of some capital and permitted to trade. Over the next 17 years, he had only four down months. Drexel merged with Company in 1973 to form Drexel Burnham. Despite the firm's name, Burnham was the nominal survivor. Milken was one of the few prominent holdovers from the Drexel side of the merger, became the merged firm's head of convertibles, he persuaded his new boss, fellow Wharton alumnus Tubby Burnham, to let him start a high-yield bond trading department—an operation that soon earned a 100% return on investment.
By 1976, Milken's income at what was now Drexel Burnham Lambert was estimated at $5 million a year. In 1978, Milken moved the high-yield bond operation to Century City in Los Angeles. By the mid-1980s, Milken's network of high-yield bond buyers had reached a size that enabled him to raise large amounts of money quickly; this money-raising ability facilitated the activities of leveraged buyout firms such as Kohlberg Kravis Roberts and of the so-called "greenmailers". Most of them were armed with a "highly confident letter" from Drexel, a tool Drexel's corporate finance wing crafted that promised to raise the necessary debt in time to fulfill the buyer's obligations, it carried no legal status, but by this time, Milken had a reputation for being able to make markets for any bonds that he underwrote. For this reason, "highly confident letters" were considered to reliably demonstrate capacity to pay. Supporters, like George Gilder in his book, state that Milken was "a key source of the organizational changes that have impelled economic growth over the last twenty years.
Most striking was the productivity surge in capital, as Milken... and others took the vast sums trapped in old-line businesses and put them back into the markets."Amongst his significant detractors have been Martin Fridson of Merrill Lynch and author Ben Stein. Milken's high-yield "pioneer" status has proved dubious as studies show "original issue" high-yield issues were common during and after the Great Depression. Milken himself points out that high-yield bonds go back hundreds of years, having been issued by the Massachusetts Bay Colony in the 17th century and by America's first Treasury Secretary Alexander Hamilton. Others such as Stanford Phelps, an early co-associate and rival at Drexel, have contested his credit as having pioneered the modern high-yield market. Despite his influence in the financial world during the 1980s, Milken was an intensely private man who shunned publicity. Milken and his brother Lowell founded Knowledge Universe in 1996, a
Ritu Beri is an Indian fashion designer. She became head of the Ready to Wear section of French fashion brand, Jean-Louis Scherrer, in March 2002, she launched a not-for-profit organisation, The Luxury League to promote creativity and innovation in the luxury industry of India. She was appointed an advisor to the Khadi and Village Industries Commission, a part of the Ministry of Micro and Medium Enterprises, Government of India. In 2004 she married exporter Bobby Chadha; the couple have a daughter born in August 2007. In 2000, Beri became head of the French fashion house, Jean Louis Scherrer, to design their pret-a-porter collections. Ritu Beri was awarded the Chevalier des Arts et des Lettres by the French government in 2010. On 9 April 2016, Beri launched two books, The Designs of A Restless Mind and The Fire of A Restless Mind. 2016 - Power Brands Hall of Fame 2014 - Order of Civil Merit by the Spanish government 2010 - Chevalier des Arts et des Lettres by the French government National Institute of Fashion Technology India Fashion Week Ritu Beri Official Website
Vinu Chakravarthee was an Indian actor, script writer and director, known for acting in more than 1000 movies in Tamil, Kannada and Malayalam as a comedian, supporting actor or in a villainous role. The 2007 released, he had been hospitalised for the last few months of his life. Chakravarthy was born on 15 December 1945, in Usilampatti to Adimoola Thevar and Manjuvani Ammal, he studied at Wesley School and graduated in commerce from A. M. Jain College, he was eldest son among a daughter. On completion of his education, Chakravarthy worked as a Reserve Sub-Inspector at the Ice House police station for six months before joining the Southern Railways where he worked for four years. Chakravarthy was working as a script writer for Kannada director Puttanna Kanagal when he was noticed by film producer Tiruppur Mani who, in 1977, gave him a role in the Kannada film Parasangada Gendethimma, remade into Tamil as Rosappu Ravikkaikari with Chakravarthy returning. Since Chakravarthy has made over 1,000 films in four South Indian languages - 900 in Tamil, 30 in Malayalam, 5 in Telugu and one in Badaga language.
He has directed movies on his own and is credited with introducing Silk Smitha. Sangham Kauravar as Police Inspector Maanyanmar as Police Inspector Meleparambil Aanveedu......as Veeramuthu Goundar Kambolam.... Murukarajan Goundar Rajadhani.... Rajamanikyam Nadar Rudraksham.... CI Rao Maanikyachempazhukka Kidilol Kidilam Lelam.... Andipatti Thevar Nadan Pennum Nattupramaniyum.... Perumal Thenkashippattanam Achane Aanenikkishtam Sthithi Masanagudi Mannadiyar Speaking Samsaaram Aarogyathinu Haanikaram Chakravarthy criticised television and film producer Ekta Kapoor for her depiction of Silk Smitha in The Dirty Picture, a biographical film on the actress, he expressed displeasure over Kapoor's choice of casting. He said Smitha had wide expressive, inviting eyes, which Vidya Balan does not have. "Profile of Vinu Chakravarthy". Lakshmanshruthi.com
Ignacio Agramonte International Airport is an international airport in central Camagüey Province, Cuba. It serves the resort village of Santa Lucía. During World War II, the airport was used by the United States Army Air Forces Sixth Air Force from 1942 until 1944; the 25th Bombardment Group 417th Bombardment Squadron flew B-18 Bolo bombers from the airfield, known as Camaguey Air Base, from 13 April 1942 though August 1943. The squadron flew antisubmarine missions over the northern Caribbean; the base was used for air-sea rescue missions by the 1st Rescue Squadron. From 1 January 1943, the USAAF set up postal operations for Camaguey using Army Post Office, Miami with the address: 2714 APO MIA; the United States Navy set up to use a non-descript number for postal operations. They used the Fleet Post Office, Atlantic located in New York City with the address: 617 FPO NY; the airport is an inactive Cuban Revolutionary Armed Forces air base: 3685th Regiment 2 General purpose transport squadron - Mil Mi-17 helicopters This article incorporates public domain material from the Air Force Historical Research Agency website http://www.afhra.af.mil/.
Maurer, Maurer, ed.. Combat Squadrons of the Air Force, World War II. Washington, DC: Office of Air Force History. ISBN 0-405-12194-6. LCCN 70605402. OCLC 72556. Media related to Ignacio Agramonte International Airport at Wikimedia Commons camaguey.airportcuba.net Complete information about Camagüey airport
BUtterfield 8 is a 1960 American drama film directed by Daniel Mann, starring Elizabeth Taylor and Laurence Harvey. Taylor won her first Academy Award for her performance in a leading role; the film was based on a 1935 novel of the same name by John O'Hara, following the success of his critically acclaimed Appointment in Samarra. Gloria Wandrous wakes up in the apartment of wealthy executive Weston Liggett and finds that he has left her $250. Insulted, she finds her dress was torn, takes the mink coat of Liggett's wife Emily to cover herself, scrawling "No Sale" in lipstick on the mirror, she orders her telephone answering service, Butterfield 8. Gloria visits a childhood friend, pianist Steve Carpenter, who chastises her for wasting her life on one-night stands, but agrees to ask his girlfriend Norma to lend her a dress. Gloria leaves, Norma tells Steve to choose between her and Gloria. Liggett takes a train to the countryside, his friend, Bingham Smith, advises him to end his adulterous relationships and return to Bing's law firm, instead of working for his father-in-law's chemical business.
Meanwhile, Gloria lies to her mother Annie. Liggett returns home. Finding the lipstick and money, he phones Gloria to explain the money was meant for her to buy a new dress, to replace the one that he had torn. While drinking that night, Liggett advises her to ask a high price for her lovemaking talents, she insists she does not take payment from her dates and claims she has been hired as a model to advertise the dress she is wearing at three bistros that night. Liggett follows Gloria, he drives her to a run-down motel. After sleeping together and Gloria decide to explore their relationship further, they spend five days together, falling genuinely in love with one another. They part only after Liggett's wife Emily returns; when Gloria returns home, she confesses to her mother about having been the "slut of all time", but declares that, all over now since she is in love. Gloria visits her psychiatrist Dr. Tredman to insist that her relationship with Liggett has cured her of promiscuity. For his part, Liggett plans to change his life, taking up Bing's offer of a job at the law firm.
When he returns home, Emily has noticed. Liggett rushes out to search for Gloria at her regular clubs, he is unable to locate her, but in his search he is confronted with the reality of Gloria's promiscuous past. When Gloria finds Liggett at a bistro the following evening, he drunkenly launches into insults. Gloria drives Liggett to his apartment building where Emily, spotting them from a window above, watches as her husband throws the coat at Gloria, saying he would never give the tainted object back to his wife. Heartbroken, Gloria goes to Steve, saying that she feels she has "earned" the mink coat she is wearing. Having never before taken payment from the men she slept with, she now has, she laments "what that makes me", she recounts that when she was 13, a friend of her widowed mother taught her about "evil". She hates herself. Steve insists that Gloria stay the night since both Gloria and he have to decide what to do next. Norma arrives the next morning; the next day, a now-sober Liggett admits to himself that he still loves Gloria and asks Emily for a divorce.
Meanwhile, Gloria tells her mother. Upon discovering Gloria's destination, Liggett drives until he spots her car at a roadside café, he tries to apologize to Gloria by asking her to marry him, but Gloria insists that his insults have "branded" her and that her past is a sore spot that no husband would truly be able to accept. They profess their love for each other, though Gloria agrees to go with Liggett to the motel, she changes her mind and flees in her car. Pursuing Gloria's car, Liggett sees her miss a sign for road construction and accidentally hurtle over an embankment to her death; when he returns to the city, Liggett tells his wife about Gloria's death, announces that he is leaving to "find my pride", says that if Emily is still home when he returns, they will work on their marriage. Elizabeth Taylor as Gloria Wandrous Laurence Harvey as Weston Liggett Eddie Fisher as Steve Carpenter Dina Merrill as Emily Liggett Mildred Dunnock as Mrs. Wandrous Betty Field as Fanny Thurber Jeffrey Lynn as Bingham Smith Kay Medford as Happy Susan Oliver as Norma George Voskovec as Dr. Tredman The screenplay was adapted by John Michael Hayes and Charles Schnee from O'Hara's 1935 novel, which in turn was based on the mysterious death of Starr Faithfull in Long Beach, New York in 1931.
Faithfull was found dead of drowning on a beach after having been beaten. In O'Hara's novel, Gloria Wandrous, the character based on Faithfull, is killed by falling under the paddle wheel of a steamboat. Aside from optioning the rights to his story, O'Hara was not involved in writing the screenplay for the film, the film's plot bears only a superficial resemblance to his novel. Location filming was done on City Island on the Bronx. Studio shots were at Chelsea Studios; the café where Liggett finds Gloria as she is going to Boston is a single-story office building, 54 South, Stony Point. Happy's Motel, where Gloria and Liggett stay, is the Budget Motor Inn, 87 South Liberty Drive, Stony Point; the motel still looks the same as it did in 1
The 2014 Copa Colombia the 2014 Copa Postobón for sponsorship reasons, was the 12th edition of the Copa Colombia, the national cup competition for clubs of DIMAYOR. It began on June 29 and ended on November 12; the tournament comprised a total of 36 teams. The winner, Deportes Tolima, who defeated Santa Fe 3–2 on aggregate score in the final, earned a berth to the 2015 Copa Sudamericana; the 36 teams were divided into six groups based on each separate region of Colombia. Each group is played in home-and-away round-robin format; the group winners and runners-up, along with the four best third-placed teams, advance to the Round of 16. The matches were played from June 29 to August 27; each tie in the knockout phase is played in home-and-away two-legged format. In each tie, the team which has the better overall record up to that stage host the second leg, except in the round of 16 where the group winners automatically host the second leg. In case of a tie in aggregate score, neither the away goals rule nor extra time is applied, the tie is decided by a penalty shoot-out.
First legs: September 4, 9, 10, 11. First legs: October 1, 2. First legs: October 22. First leg: November 5. Source: Copa Postobón Copa Postobón Copa Postobón, DIMAYOR.com Copa Colombia 2014, Soccerway.com