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Remember last month, when state lawmakers
voted to strip a scandal-scarred Gov. Andrew Cuomo of his emergency powers, or at least said they did? You could be forgiven for forgetting, given the stream of pronouncements that have continued from the governor’s office ever since, governing everything from closing time at gyms and casinos to restaurant capacity to attendance at sporting events.
Looking down their nose at you : GameStop frenzy showed a fresh contempt for hedge funds. Why do Americans hate them? Jessica Menton, USA TODAY
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In the middle of a pandemic and slow economic recovery, Americans think they’ve identified their Wall Street villain: hedge funds.
Their nemesis is summed up in a few searing images: a hedge fund manager who makes millions betting that the subprime mortgage market will collapse, without warning them. Or another relaxing on a yacht as the economy tanks.
Years of anger culminated late last month when a group of angry small-time investors on Reddit took on a few of those firms in the GameStop “short squeeze” frenzy. That spurred millions of others to join in, as their effort to drive up the price of a stock perceived as undervalued soon shifted to a campaign to “Stick it to Wall Street. They used the squeeze to rally the share price and make profits for themselves while forc
Updates: Coronavirus Digest | NY City Lens nycitylens.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nycitylens.com Daily Mail and Mail on Sunday newspapers.
Remington Hotels Announces New Management Agreement With New York Laguardia Airport Marriott
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Remington Hotels, a leading third-party management company, has assumed management of the New York LaGuardia Airport Marriott in East Elmhurst, New York. Advertisements
The 443-room property recently underwent a $30 million transformation led by SoHo-based luxury hospitality design firm Sawyer & Company. Drawing inspiration from the cultural surroundings of New York s Queens neighborhood, the New York LaGuardia Airport Marriott is a gateway to the state s top sights and attractions. We couldn t be more proud to partner with ASAP Holdings on the New York LaGuardia Airport Marriott, said Remington Hotel s President & CEO, Sloan Dean. It s a tremendous hotel with a great partner, and we re excited to welcome all the new associates that have joined the Remington family.