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Search resuls for: "Todd Ricketts"


3 mentions found


☆ Trump turns to his 'old cast' to raise millions for 2024 and the PAC paying his legal bills
  + stars: | 2024-03-25 | by ( Brian Schwartz | ) www.cnbc.com   time to read: +5 min
The hedge fund founder is hosting a splashy fundraising dinner for Trump April 6 at his house in Palm Beach, Florida. But Paulson is not the only GOP kingmaker who is privately gearing up to help Trump. "It's the old cast coming back together to take it across the finish line," said an advisor to one of Trump's bundlers. Many of these "old cast" members are business leaders who have been close to Trump for years. As for the money going to pay Trump's legal bills, at least some of the people attending the Paulson event don't seem to care.
Persons: Donald Trump, John Paulson, Mike Segar, Trump, Paulson, Republican megadonor Rebekah Mercer, Robert Mercer, Rebekah, Oliver Contreras, Rebekah Mercer, Todd Ricketts, Wilbur Ross, Small Business Administration Linda McMahon, Woody Johnson, Meredith O'Rourke, Susan Necheles, Brendan Mcdermid Organizations: Economic, of New, Reuters Veteran, CNBC, Trump, GOP, Republican, New York, The Heartland Institute, Washington Post, Chicago Cubs, Trump Commerce, Small Business Administration, Trump's, New York Jets, NBC News, Save America PAC, Republican National Committee, America, Former U.S, Reuters Trump Locations: of New York, Manhattan , New York, U.S, Palm Beach , Florida, Palm Beach, Trump, Washington ,, Trump's U.S, United Kingdom, Former, New York City
☆ Insiders were stepping up and buying this week at these regional banks and niche financials
  + stars: | 2023-03-17 | by ( Yun Li | ) www.cnbc.com   time to read: +4 min
The banking crisis drove regional bank stocks sharply lower this week, but many insiders took advantage of the turmoil to scoop up shares of their own institutions in what may prove a vote of confidence. Shares of regional banks slumped as the collapse of Silicon Valley Bank left investors worried that other regional banks might face similar balance sheet issues, a possible mismatch between long-dated assets and short-dated liabilities. Regional banks had regained some ground Thursday in anticipation of a group of 11 banks stepping in to First Republic by depositing $30 billion for at least 120 days . Charles Schwab Notably, Charles Schwab CEO Walt Bettinger bought 50,000 shares Tuesday, worth nearly $3 million, for his personal account. Valley National Bancorp Ira Robbins (CEO) bought 5,000 shares Wednesday Jennifer Steans (Director) bought 150,000 shares Tuesday Eric Edelstein (Director) bought 20,000 shares Tuesday Melissa Schultz (Director) bought 15,000 shares Tuesday Jeffrey Wilks (Director) bought 8,000 shares Tuesday Marc Lenner (Director) bought 5,000 shares Tuesday Suresh Sani (Director) bought 5,000 shares Tuesday Valley National Bancorp saw a rush of insider buying this week, including purchases by its CEO and several directors.
☆ One of the most powerful rich families in American politics just got their son in the Senate
  + stars: | 2023-01-12 | by ( Brent D. Griffiths | ) www.businessinsider.com   time to read: +4 min
Ricketts' family owns the Chicago Cubs and has broadly supported conservative causes. Ricketts will replace former Republican Sen. Ben Sasse who left the chamber. Pete Ricketts will be joining the US Senate, an appointment that caps his political comeback and cements his family, which owns the Chicago Cubs, as one of the most powerful forces in American politics. Sen. Deb Fischer, a two-term Republican incumbent and loyal ally of Senate Minority Leader Mitch McConnell, is also up for reelection then too. Along with owning the Cubs, the Ricketts family has long been among the biggest funders of Republican campaigns.
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