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More than a statue: Cooper explores the Vanderbilt legacy - New Delhi Times - India Only International Newspaper

When Anderson Cooper was 6 years old, his father took him to see the statue of Cornelius “The Commodore” Vanderbilt near New York’s Grand Central Terminal. The transportation magnate was America’s richest man when he died in 1877, the 19th century equivalent of Jeff Bezos or Bill Gates. He was also Cooper’s great-great-great grandfather. For…
United States New York Rhode Island Katherine Howe Alva Erskine Smith Vanderbilt Gladys Vanderbilt

Saratoga's Irish Visionary: John Morrissey

John Morrissey By Liz OConnell, Contributor As Saratoga Springs celebrates 150 years of thoroughbred racing, Liz O’Connell tells the tale of John Morrissey, an Irish immigrant who organized, operated and had the vision to develop what is now one of the world’s greatest racecourses.  A scant month after the Confederate Army was pushed back at Gettysburg, the “swells” holidaying in Saratoga Springs, New York, flocked to the first thoroughbred race meet contested on the Union Avenue trot...
New York United States Saratoga Lake County Meath Long Point Nova Scotia

(AAL), (AMC) - In Defiance Of Gravity: What's A Short Squeeze And Why Do They Happen?

So far this year, it’s been  AMC Entertainment Holdings Inc (NYSE: AMC),  GameStop Corp. (NYSE: GME), and  American Airlines Group Inc (NASDAQ: AAL). Anyone watching the markets and reading the news in January 2021 likely already knows what we’re talking about. All these stocks and several more felt the impact of what’s now very well-known terminology: the short squeeze and its options-related cousin, the so-called gamma squeeze. A year ago, few people except market veterans wou...
New York United States John Maynard Keynes Commodore Vanderbilt Cornelius Vanderbilt Gamestop Corp

How The Vanderbilt Family Lost Their Entire Fortune

How The Vanderbilt Family Lost Their Entire Fortune By Therese Nguyen/Dec. 28, 2020 11:01 am EDT/Updated: Jan. 29, 2021 9:54 am EDT In the late 19th century, social and technological changes allowed thousands of families to get ridiculously rich and prosper in a period called the Gilded Age, as described by Time. It was an era where flaunting your wealth publicly was all the rage, even in the face of income inequality as millions of other Americans struggled day to day. The Gilded Age was wh...
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Source: grunge.com

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