
Default may refer to:
de:Default fr:Défaut it:Default nl:Default
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He rose to fame in the 1980s as a short seller who had a knack of spotting stocks that he thought to be overvalued. After working as an analyst in several firms, he founded Kynikos (Greek for "cynic") in 1985 as a firm specializing in short selling. A critical position taken at Kynikos was his shorting of Enron.
In October 2000, Chanos started research into the valuation of Enron Corporation. He examined their use of mark to model (opposed to mark-to-market) accounting, which, in Chanos' experience, results in management overstating earnings, as well as what appeared to be a worryingly low (6-7%) return on capital investment. Enron stock declined from $90 in August 2000 to a low of $1 near the end of 2001. Over this period, Chanos was a short seller of Enron during 2001, increasing his short position as more information surfaced. Kynikos profited greatly and Chanos himself became somewhat of a celebrity as a consequence of his early awareness of Enron's problems.
More recently, James Chanos has warned that China’s hyperstimulated economy is headed for a crash, rather than the sustained boom that some economists predict. He reiterated his concerns about the stability of Chinese economy, stating that historically analogous evidence points especially to a housing bubble, having mentioned commercial real estate in particular.
Category:1958 births Category:American investors Category:American money managers Category:American people of Greek descent Category:Hedge fund managers Category:Living people
is:James Chanos vi:James ChanosThis text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
| name | The Greek |
|---|---|
| media | The Wire |
| portrayer | Bill Raymond |
| creator | David Simon |
| gender | Male |
| first | "Ebb Tide" ''(episode 2.01)'' |
| last | "–30–" ''(episode 5.10)'' |
| occupation | International smuggling/Organized Crime Boss |
| footnotes | }} |
Despite his calm appearance, the Greek is cunning and ruthless, and only interested in facts that make him more money. Series creator David Simon has said that The Greek is an embodiment of raw unencumbered capitalism. Anyone interfering in this process is eliminated immediately, and he prefers to leave victims headless and handless to hinder identification.
The Greek's smuggling operation includes importing sex trade workers, illicit drugs, stolen goods and chemicals for drug processing. He bribes union stevedores to move containers through the Baltimore port for him and uses his muscle, Sergei "Serge" Malatov, to run containers back and forth from the port to his warehouse, a front managed by "Double G" Glekas. The Greek supplies the major drug dealers in East Baltimore with pure cocaine and heroin, using Eton Ben-Eleazer to move his drugs. His chief client is Proposition Joe, but he is also affiliated with smaller drug dealing organizations like those run by "White Mike" McArdle. His sex trade interests in Baltimore include a brothel run by a madam named Ilona Petrovitch, bringing in girls from eastern Europe. He manages to avoid prosecution for his crimes because an FBI counter-terrorism agent named Kristos Koutris tips him off if a criminal investigation gets too close. It is suggested he and Vondas may serve as federal informants.
The Greek recognized that the investigation was too extensive to stop and made plans to leave, sending Vondas to assure Proposition Joe that supply of drugs would continue albeit with new faces. He attempted to buy Sobotka's silence with promised legal aid for his son, but when he learned from Koutris that Frank was planning to turn informant he had the union man killed. Although Frank's nephew Nick Sobotka was able to identify The Greek in a photo and Sergei was pressured to give up the location of his hotel suite, Vondas and the Greek had already boarded a flight to Chicago. Aware that the Greek and Vondas were gone, the police left the investigation behind and moved on to the drug dealers he supplied.
After Stewart's murder, Stanfield meets with Vondas to initiate their new business relationship. Stanfield's tenure proves short lived when he is forced into retirement by an investigation, and the other Co-Op members purchase the connection from Stanfield. In the closing scenes of the series finale, Slim Charles and Fat-Face Rick take over meeting with Vondas while the Greek listens quietly in the background.
Category:The Wire (TV series) characters Category:Fictional American people of Greek descent
This text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
He sits on the European Parliament's Committee on Economic and Monetary Affairs. He is also a member of the Temporary Committee on the alleged use of European countries by the CIA for the transport and illegal detention of prisoners and a member of the delegation for relations with Croatia.
Category:1949 births Category:Living people Category:People from Skara Municipality Category:Swedish people of German descent Category:People connected to Lund University Category:Liberal People's Party (Sweden) politicians Category:Members of the parliament of Sweden Category:Liberal People's Party (Sweden) MEPs Category:MEPs for Sweden 1999–2004 Category:MEPs for Sweden 2004–2009 Category:MEPs for Sweden 2009–2014
pl:Olle Schmidt ro:Olle Schmidt sv:Olle Schmidt
This text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
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