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ICYMI: This is the last week of 10 Things on Wall Street. Insider's Rebecca Ungarino has more details on how long the beef between Overdeck and Siegel has been brewing behind the scenes. What stands out to me about the drama at Two Sigma is how it all seems to be so petty. The Two Sigma cofounder was included only as an example of the type of managers Haider had eclipsed. The asset manager tapped two internal executives to serve as co-CEOs of the firm, succeeding CEO Jay Wintrob, The Wall Street Journal reports.
Persons: Dan DeFrancesco, I'm, Billy Joel's, , we've, Goldman, Cofounders David Siegel, John Overdeck, David Siegel, cofounders, Insider's Rebecca Ungarino, Siegel, Rebecca, Haidar Capital's Said Haidar, Haider, Penny, Warren Buffett, Charlie Munger, Scott Olson, Ruobing Su, Michael Broadbery, Goldman Sachs, Maza, Andreessen Horowitz, Seth Klarman, Jay Wintrob, Robert O'Leary, Armen Panossian, Everybody's, they're, Joey Hadden, Jeffrey Cane, Hallam Bullock Organizations: Sigma, Baupost, Oaktree Capital, Street, Wall, LinkedIn Locations: Omaha, New York, London
Roughly half of those fatally shot by police are white, but Black Americans are fatally shot at a disproportionate rate compared to their representation in the US population. As of December 5, 3,582 white people had been fatally shot since 2015 at a rate of 2.4 per million, whereas 1,892 Black people were fatally shot at a rate of 6 per million per year. The database also comes with a number of other qualifiers — namely, that it tracks only fatal police shootings, not fatal police encounters in general. For instance, the database includes Omar Mateen, the mass shooter who killed 49 people in an Orlando nightclub in 2016 before police fatally shot him. But even when narrowing the data down to fatal police shootings of unarmed people, it shows a similar story as the aggregate data.
If you aren't yet a subscriber to Investing Insider, you can sign up here. That's where the Investing team at Business Insider comes in. -- JoeJoin Business Insider on July 8 at 12 p.m. Ruobing Su/Business InsiderBusiness Insider spent weeks talking to stock analysts across Wall Street — and not just in popular sectors like tech and retail. We spoke to 11 of the top-ranked on Wall Street to get their forecasts and single-stock picks.
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