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☆ Ecuadoreans weigh economic, security pledges in presidential ballot
▼ + stars: | 2023-10-15 | by ( Alexandra Valencia | ) www.reuters.com time to read: +4 min

The violence, which the outgoing government blames on drug gangs, reached a crescendo during the campaign with the murder of anti-corruption candidate Fernando Villavicencio, who was shot dead while leaving a Quito campaign event in August. He is the son of multimillionaire banana magnate Alvaro Noboa, who himself ran unsuccessfully for president numerous times. "So while the first reaction is positive, because he's a pro-business candidate, pro-business and pro-markets can mean two different things." Both have pledged to beef up security at ports and airports, hot spots for drug smuggling. About a quarter of the 13 million Ecuadoreans obliged to vote are between the ages of 18 and 29.

Persons: Ecuadoreans, Fernando Villavicencio, Daniel Noboa, Luisa Gonzalez, Rafael Correa, Gonzalez, Alvaro Noboa, Guillermo Lasso, Zulfi Ali, Ali, he's, Correa, Noboa, Alexandra Valencia, Rodrigo Campos, Julia Symmes Cobb, Diane Craft Organizations: Voters, PGIM, Correa's Citizens, National Democratic, Thomson Locations: QUITO, Quito, Guayaquil, New York

☆ A financially independent, 32-year-old options trader who started investing in high school shares 2 strategies that helped him return 25% a year on average for the past 5 years — and 52% in his best y
▼ + stars: | 2023-09-28 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Erik Smolinski started working odd jobs, anything from splitting wood to selling Christmas trees, as early as 12. Since he started trading as a teen in 2007, he's only posted two negative years: his first two years. Setting a specific return goal also helps keep him focused during his red-hot years. He created detailed trading logs and plansAs an active trader, Smolinski believes that having both a trading plan and a trading log are essential. It's titled "Wealth Development and Trading Plan" and is broken out into various sections, including "strategy outlines."

Persons: Erik Smolinski, Smolinski, —, Mel, he's, that's, I'm, he'll Organizations: Apple, Netflix, Marine Corps Locations: San Diego, San Diego , California

Senator Mitt Romney (R-UT) during a news conference on Capitol Hill in Washington, U.S., March 7, 2023. With Trump dominating the 2024 Republican presidential field, Romney has faced powerful headwinds at home in solidly Republican Utah. Romney was the only Republican senator to vote to convict Trump at both Senate impeachment trials. 2 Senate Republican, told Reuters he would miss Romney most on economic issues. Brad Wilson, the Utah state House of Representatives speaker, has not declared his candidacy for Romney's seat.

Persons: Mitt Romney, Bonnie Cash, Donald Trump, Mitch McConnell, Romney, Trump, Mike Lee, I'm, Barack Obama, Joe Biden, McConnell, John Thune, Thune, TRUMP, Brad Wilson, Riverton Mayor Trent Staggs, Jason Chaffetz, Republican megadonors, of Jesus Christ, David Morgan, Moira Warburton, Richard Cowan, Scott Malone, Deepa Babington, Jonathan Oatis Organizations: Capitol, REUTERS, Rights, Republican, Utah Republican, Utah Senate, Trump, Democratic, White House, Deseret, America, Reuters, Riverton Mayor, U.S, White, of Jesus, Utah Republican Party, Thomson Locations: Washington , U.S, Utah, Michigan, Massachusetts, Republican Utah, Riverton

Former biotech executive Vivek Ramaswamy speaks at the first Republican candidates' debate of the 2024 U.S. presidential campaign in Milwaukee, Wisconsin, U.S. August 23, 2023. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsWASHINGTON, Aug 28 (Reuters) - U.S. rapper Eminem has asked Republican presidential candidate Vivek Ramaswamy, a multimillionaire former biotech executive, to not use his music during his presidential campaign, according to a letter disclosed on Monday. "BMI has received a communication from Marshall B. Mathers, III, professionally known as Eminem, objecting to the Vivek Ramaswamy campaign's use of Eminem's musical composition (the "Eminem Works") and requesting that BMI remove all Eminem Works from the Agreement," BMI says in the letter. Ramaswamy's campaign told CNN it will comply with the request to stop using Eminem's music. The 38-year-old tech entrepreneur was at the center of many of last week's first Republican primary debate's most dramatic moments.

Persons: Vivek Ramaswamy, Brian Snyder, Eminem, Ramaswamy's, Marshall B, Mathers, III, Ramaswamy, Donald Trump, Florida Governor Ron DeSantis, Trump, Tucker Carlson, Kanishka Singh, Leslie Adler Organizations: Republican, REUTERS, Rights, Daily Mail, BMI, CNN, Florida Governor, Trump, Fox News, Thomson Locations: Milwaukee , Wisconsin, U.S, Florida, Washington

☆ Who is Vivek Ramaswamy, Republican presidential hopeful?
▼ + stars: | 2023-08-24 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsWho is Vivek Ramaswamy, Republican presidential hopeful? PostedMultimillionaire Vivek Ramaswamy has a chance to build on the attention he has been getting in the race for the 2024 Republican presidential nomination at Wednesday night's debate. Here are some facts about the former biotech executive's life and politics.

Persons: Vivek Ramaswamy

☆ Factbox: Who is Vivek Ramaswamy, Republican presidential hopeful?
▼ + stars: | 2023-08-23 | by ( Tim Reid | ) www.reuters.com time to read: +3 min

Aug 23 (Reuters) - Vivek Ramaswamy, a multimillionaire former biotech executive, has a chance to build on the attention he has been getting in the race for the 2024 Republican presidential nomination at Wednesday night's debate. Ramaswamy says he voted for a libertarian in the 2004 presidential election, but did not vote in 2008, 2012 or 2016. The book raised Ramaswamy's profile among conservatives, and he began his rapid ascension as a right-wing star. REPUBLICAN PRESIDENTIAL CAMPAIGNRamaswamy declared his campaign for president in February, at a time when his bid looked like a long shot. Although a Hindu, Ramaswamy has been telling voters that the U.S. is based on "Christian values" and "Judeo-Christian values" and has described himself as an American nationalist.

Persons: Vivek Ramaswamy, Ramaswamy, Donald Trump, Ron DeSantis, Trump, Tim Reid, Ross Colvin, Andy Sullivan Organizations: MIDWEST Ramaswamy, Harvard University, Yale Law School, Yale, Roivant Sciences, Forbes, Harvard, Republican, Democratic, Inc, REPUBLICAN, FBI, Department of Education, Service, Ukraine, Thomson Locations: Ohio, India, Iowa, Florida, American, Kiev, Russia, Ukraine

☆ Mark Cuban nearly went broke at age 27—and became a millionaire 5 years later
▼ + stars: | 2023-08-10 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Mark Cuban vividly remembers the moment he realized he was nearly broke. The secretary took about $82,000, effectively wiping out MicroSolutions' account balance, Cuban confirmed to CNBC Make It. Cuban then helped co-found AudioNet, which became Broadcast.com and was acquired by Yahoo for $5.7 billion in 1999, making Cuban a billionaire at age 40. "Once you learn how to sell, you can always start a business, [because] you're an entrepreneur at heart," Cuban told The School of Hard Knocks last year. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank," which features Mark Cuban as a panelist.

Persons: Mark Cuban, TikToker Bobbi Althoff's, Cuban, Barstool, wasn't, Forbes, multimillionaire, NPR's, Rainer Zitelmann, Warren Buffett Organizations: CNBC, New York Times, Cisco, CompuServe, Yahoo, Cuban, Fortune, Hard Locations: Cuban

☆ If you win the lottery, here’s what you should (and shouldn’t) do
▼ + stars: | 2023-07-19 | by ( Allison Morrow | ) edition.cnn.com time to read: +3 min

Before you broadcast your sudden windfall to the world, and even before you contact lottery officials, you’ll be wise to surround yourself with a team of lawyers and financial advisers. Make copies of both sides of your lottery ticket, and then lock it up somewhere only you can access it. “Find an attorney who has experience dealing with people with this level of wealth, because it is different,” says Herzig. Next up, you’ll need an accountant and a financial adviser to protect your wealth from “creditors and predators,” as Herzig puts it. But there’s one big piece of the lottery puzzle that you can’t farm out to lawyers, and that’s your mental health.

Persons: you’ll, “, ” Belinda Herzig, ”, Gary, who’s, Herzig, you’re Organizations: New York CNN, Mellon Wealth Management, CNN, lotto Locations: New

Which Presidential Candidates Are Leading the 2024 Money Race? Federal disclosures on Saturday provided a first glimpse of the money race between the presidential candidates for 2024, showing who has amassed the most campaign cash so far. Joint Fund-Raising Committees Joint Fund-Raising Committees Allow two or more political committees to raise money together and pass the proceeds along to their member committees. Generally, a leadership PAC cannot spend money directly on the candidate’s campaign. DONATIONS FROM: Other PACs Individuals $5,000 limit $5,000 limit Leadership PAC $5,000 limit $5,000 limit Other PACs Campaign Committees Limit to campaign committees is for the primary election.

Persons: Donald J, Tim Scott, Joseph R, Biden, Ron DeSantis, Vivek Ramaswamy, Trump, Tim Scott of, Mike Pence, Doug Burgum, Burgum, Nikki Haley, Kennedy, Chris Christie, Suarez, Asa Organizations: Trump, Republican, Biden, Gov, Republicans, Fund, Democratic National Committee . Campaign, Trump Save America, America, Inc, Mr, Save, PAC, Campaign, Opportunity, Win Data, America Data, America PAC, SFA, SOS America PAC Locations: Tim Scott of South Carolina, Florida, North Dakota, Biden’s

☆ MrBeast: Behind the success of YouTube’s most popular creator
▼ + stars: | 2023-07-15 | by ( Faith Karimi | ) edition.cnn.com time to read: +12 min

“People would tell me, ‘All you do is talk about YouTube videos. Seven years later, Donaldson, better known online as MrBeast, has 167 million YouTube subscribers – more than any other individual creator on the platform. Donaldson navigates a maze in a screenshot from MrBeast's video, "I Got Hunted By the FBI." “That’s an interesting model, because you’re giving video viewers access to something they would never get to see in real life,” Fischer says. He often uses income from his previous videos to outdo himself in his next videos,” Miller says.

Persons: Jimmy Donaldson, ”, podcasters Colin, Samir, “, You’re, ’ ”, Donaldson, Mark Zuckerberg, Colin, ’, Donaldson breathlessly, Sara Fischer, “ It’s, CNN’s Jon Sarlin, ” Fischer, Pete Davidson, Tom Brady, relatable, Miller, MrBeast, ” Donaldson, Monica Schipper, Vince Miller, ” Miller, – Donaldson, Kristen Ruby, Gen Zers, Ruby, Burger, Dave Kotinsky, MrBeast Burger, –, mobbing, “ I’m Organizations: CNN, East Carolina University, YouTube, FBI, NFL, Netflix, Nickelodeon, Microsoft Theater, University of Kent, Ruby Media, Getty, Google, Records, Harvard Business School, Harvard Locations: North Carolina, Los Angeles, Greenville , North Carolina, New Jersey, Greenville, Chile

☆ How 'Birkin Bandit' George Mickum Infiltrated NYC Society
▼ + stars: | 2023-07-12 | by ( Kate Taylor | Anna Silman | ) www.businessinsider.com time to read: +52 min

"He would know people's weaknesses and what they wanted and somehow always have something to offer," a former close friend said. Another close friend said Mickum once gave her a $1,000 loan "within minutes" when she needed it because of a credit-card crisis. He never "let the truth get in the way of a good story," a former close friend said. Hermès bags, like the Birkin and the Kelly, have always been symbols of unattainable luxury. There wasn't even a dust bag; Mickum claimed his mom's assistant would drop it off later.

Persons: George Mickum strode, Carlyle, Patty Hearst, He'd, Mickum, Birkin, swilling, Patty's, Gillian Hearst, Mr, George Mickum, Gillian Hearst's, George, Sally Painter, who'd, Peter Davis, Jackie O, Barbara Walters, Alessia Fendi, influencer Hannah Stella, Nick Hissom, Steve Wynn, Hearst, they'd, Prince Charles, Anna Delvey, Patty Hearst's, Rumor, he'd, wasn't, Met Breuer, Peter Poopat, George Santos, Trinity, Elisabeth Thieriot, Thieriot, Hermes, —, Painter, Paul Mickum, George Mickum III, Sally, Painter's, Poopat, PJ Pascual, Patrick McMullan, Ramona Singer, Lauren Lawrence, Lawrence, Van Cleef, Nicole Salmasi, Trudy, Mike Vitelli, Eric Schmidt, Schmidt, Eric, R, Couri Hay, They're, Astor, William Randolph Hearst, Orson Welles, Kane, Gillian's, Bill Clinton, Patty, Bernard Shaw, Gillian, Lydia —, Shaw, Maxim, Lydia, Kane we're, Christian Simonds, Pierre, Krista Corl, Dee Dee, Scott Buccheit, Naeem Delbridge, Pascual, who's, We're, buttering, Simonds, Matthew Kehoe, England, — Hearst, Delbridge, Hearst's, Mario Glen Coco, Hearsts, Astrid Stawiarz, Tiger Woods, Ernie Els, Justin Timberlake, Joe Lewis, Buccheit, Mary McCarthy, Lillian Hellman, Mickum's, Christie Grimm, Steve, Kameron Ramirez, Hissom, Ramirez, Nick, Hunt, Damien Hirst, Douglas Elliman, Harry Winston, David Fiszel, invitees, Fiszel, Darian, Winston, Martha Stewart's, Mendel minks, Vacheron Constantin, Tao, Melinda French Gates, Shawn Mendes, Bill, Hillary Clinton, Neiman Marcus, Damien Hirst's, Damien, weren't, Kelly, Alexis Clarbour, Clarbour, Paul Wharton, you've, Wharton, Sean Zanni, Michael Coste, Hannah Stella, Coste's, Stella, Scott Fitzgerald, Coste, Goodman, Courroies Birkin, didn't, Aman, Cartier, Mickum's bluster, skeptically, satchel, Clarbour's, He's, We've, Sider, Philippe, Buccheit texted Pascual, he's, Hay, Café Carlyle, Alexander Hankin, Burisma, Hunter Biden, Mickum hasn't, There's, They've, Amy X, Wang, King Charles, Tracey Amon, Amon, GEORGE MICKUM Organizations: Hearst, Blue, Potomac, Hamptons, East, Met, University of Delaware, Southampton Bathing Corporation, Fields School, Georgetown Law, DC, Town &, New York Daily News, The New York Times, Google, Carnegie, Rockefeller, Cosmopolitan, Symbionese Liberation Army, Hearst Corporation, Vogue, Society of Memorial Sloan Kettering, Stockbridge Golf, New, Tiger, Tottenham, Douglas, Martha Stewart's Hamptons, Mickum, Projects, Madison, Getty, Antibes, Nike, Rue du Faubourg Saint, Couture, US, UN, New Yorkers, Avenue Couture, Hermès, Republican, Justice Department, Blue Star, Town, New York Times Magazine Locations: Bemelmans, Clinton, York, Palm, New, London, Manhattan, Dalton, Bay, Windsor Castle, Haute, Washington , DC, New York, Baccarat, The, San Francisco, Wilton , Connecticut, Side, Wyntoon, California, Buccheit, woodsy Stockbridge , Massachusetts, Stockbridge, Bahamas, Albany, Nobu, Martha, Peking, Paris, Istanbul, St, Georgetown, China, Italy, Hermès, Amalfi Coast, du, Midtown, brunch, Rue, Central Park, Mickum, Turkey, La, Café, Ukrainian, Ukraine

☆ 'Swiftie' moms are passing down their passion — and parasocial relationship with Taylor Swift — to their kids
▼ + stars: | 2023-06-30 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +9 min

"People pull their kids from school for way stupider reasons than to go to a Taylor Swift concert," Vladek says to CNBC Make It. "That's the part Taylor Swift has done so brilliantly," she says. Taylor Swift doesn't." "When I was pregnant, I would hold my phone to my belly and play Taylor Swift," she says. "Honestly, I'd be crushed [if my daughter didn't like Taylor Swift].

Persons: Karen Vladek didn't, Taylor Swift, Taylor, Vladek, Maddie …, Swift, Tim McGraw, Michael Jackson, isn't, Kate Kurtin, Kurtin, Katy Perry, Russell Brand, Katy Perry's, —, Sally A, Theran, Jake Gyllenhaal, Jessica Sawyer, Sawyer, Jessica Dinney, Swift's, Dinney, wouldn't, didn't, Harry Potter, I've Organizations: CNBC, California State University , Los, Wellesley College, Disney, Twitter Locations: Houston, Austin , Texas, California State University , Los Angeles, New York City, Philadelphia, Jacksonville , Florida, Tampa , Florida, Tampa

☆ Here's the No. 1 number to calculate if you want to be rich, says millionaire—'very few people' know it
▼ + stars: | 2023-06-28 | by ( Dominique Broadway | ) www.cnbc.com time to read: +2 min

But at the very least, there's one number you need to calculate: your bottom line number, or your income minus your expenses. It sounds simple, but as a financial consultant and self-made first-generation multimillionaire, I'm often surprised by how very few people can tell me their bottom line number off the top of their head. You don't need an elaborate Microsoft Excel spreadsheet to do this — just a notebook, pencil, and your bank accounts in front of you. Many of us have expenses that we don't even realize we're paying for, or amounts we didn't know were so high. Here's an example from one of my community members, Jacqueline, whose bottom line number is $243:Zoom In Icon Arrows pointing outwards Source: Dominique BroadwayWhat your bottom line tells you

Persons: I'm, Jacqueline, Dominique Broadway Organizations: Cable, Auto, Entertainment

☆ 5 surprising facts about Finland, the world's happiest country
▼ + stars: | 2023-06-19 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Finland has been named the happiest country in the world for the last six years. Finland is also known for its saunas and strong welfare state, and it has several unusual traditions and social norms. ShutterstockIn Finland, speeding fines are based on how much money a resident makes, along with how fast they were driving. PictureItSoldTourist site Visit Finland estimates that there are three million saunas in Finland — or the equivalent of just over half a sauna per Finn. The country is home to a sport called "wife-carrying"eukonkantoWife-carrying is now an international sport, but the world championships are still held in Sonkajärvi, Finland.

Persons: —, Bahadur Organizations: Service, Shutterstock, Finns Locations: Finland, Nordic, New Mexico, New York City, Finnish, Sonkajärvi

☆ America's Got Talent judge Simon Cowell says this advice from his dad inspired his success
▼ + stars: | 2023-05-22 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

America's Got Talent judge Simon Cowell said his success was inspired by an early piece of advice from his father. America's Got Talent judge Simon Cowell may be notorious for providing unforgiving advice to wannabe superstars on his TV talent show. But the music mogul-turned-multimillionaire said he wouldn't be where he is today if it wasn't for some early guidance he received from his own father. Speaking at an event in London this week, the British entrepreneur recalled being 12 years old when his dad offered him the advice. "He said: Everyone has a sign on their head and it says 'make me feel important,'" the now-63-year-old recalled at Advertising Week Europe.

☆ A 17th-century mansion that once housed JP Morgan and Napoleon Bonaparte's brothers is on sale for $93 million. Take a look inside.
▼ + stars: | 2023-04-23 | by ( Ryan Hogg | ) www.businessinsider.com time to read: 1 min

It's being sold by Mike Jatania, a multimillionaire cosmetics tycoon who made about $200 million when he sold Lornamead a decade ago. Mel Yates PhotographySource: Bloomberg"In central London, the likes of Ken Griffin and other hedge fund managers have bought properties, so I'm sure the Americans will look at it," Jatania told Bloomberg. "There's also been a lot of wealth created in the Middle East recently, and we know families there have a tradition of owning London homes."

☆ Cramer says a much-needed Fed pause could ignite a stock market rally like we haven't seen in decades
▼ + stars: | 2023-03-28 | by ( ) www.cnbc.com time to read: +7 min

Fed rate hikes: They were so quick that they left any bank that bought too many longer-duration bonds, in an attempt to pick up a little more yield, heavily underwater. The Powell Fed sees the current problems. The fact is, though, we need a strong banking system and without one, you can forget about getting credit without paying too high a price for it. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Republicans are seeking wealthy, self-funding candidates to help the party win a Senate majority in 2024, report says
▼ + stars: | 2023-03-25 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

GOP leaders are seeking out wealthy Senate candidates to counter Democratic fundraising successes. In recent cycles, some GOP candidates have used outside spending to mitigate spending disparities. Last year, Democratic Senate nominees in the six most competitive races outraised their GOP counterparts by $288 million, per Politico. The well-known doctor poured $26.8 million of his own funds into his unsuccessful Senate campaign, according to OpenSecrets. Dolan, who put more than $10.5 million into his 2022 Senate bid, could face Democratic Sen. Sherrod Brown.

☆ People on Twitter are mocking George Santos for weighing in on the Silicon Valley Bank implosion: 'Tell them how you once ran Switzerland's largest bank, George'
▼ + stars: | 2023-03-14 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

New York Rep. George Santos tweeted that he was against bailing out Silicon Valley Bank. "Tell them how you once ran Switzerland's largest bank, George," read one tweet. Santos was referring to an announcement from federal regulators assuring the public that depositors of Silicon Valley Bank will be made whole. The Federal Deposit Insurance Corporation took control of Silicon Valley Bank on Friday after a disastrous bank run. "Says financial expert and former Goldman CEO George Santos," read a tweet from Chris Jackson, a former county commissioner in Lawrence County, Tennessee.

☆ Biotech Founder Vivek Ramaswamy Enters GOP Presidential Race
▼ + stars: | 2023-02-22 | by ( John Mccormick | ) www.wsj.com time to read: 1 min

Vivek Ramaswamy says the nation faces an identity crisis over what it stands for and where it needs to go. Vivek Ramaswamy , a multimillionaire biotech company founder and investor, said Tuesday that he is entering the 2024 Republican presidential nomination race. The native of southwestern Ohio has criticized what he calls woke capitalism, including investment based on environmental, social and corporate-governance principles. Under ESG, individuals seek to invest in ways consistent with their own values and to benefit from growth in sectors such as renewable energy.

☆ Biotech Founder Vivek Ramaswamy Enters 2024 GOP Presidential Race
▼ + stars: | 2023-02-21 | by ( John Mccormick | ) www.wsj.com time to read: 1 min

☆ Meet Anne Wojcicki: the sister of departing YouTube CEO, Susan Wojcicki, and a self-made multimillionaire who founded the genetic testing giant 23andMe
▼ + stars: | 2023-02-18 | by ( Avery Hartmans | Bethany Biron | Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Anne Wojcicki is the sister of Susan Wojcicki, who announced she was stepping down as YouTube's CEO on Thursday. Anne Wojcicki co-founded the genetic testing company 23andMe after a career on Wall Street. While the focus right now is on Susan Wojcicki — who announced that she was stepping back from her role as YouTube's longtime CEO on Thursday — her younger sister Anne, is a tech industry veteran in her own right. Anne Wojcicki co-founded the genetic testing company 23andMe in 2006, and took the company public in June 2021 through a merger with a special purpose acquisition company. Here's a look back at Anne Wojcicki got her start and built a genetic-testing empire.

☆ Jeffrey Epstein emailed multiple pictures of women to a JPMorgan Chase executive who was supposed to be regulating his bank accounts, lawsuit says
▼ + stars: | 2023-02-16 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Jeffrey Epstein would email photos of young women to his banker at JPMorgan Chase, a lawsuit says. The convicted sex offender and his banker, longtime JPMorgan Chase executive Jes Staley, would write to each other about how they had "fun," the lawsuit said. Other newly unredacted details show that 20 of Epstein's sex trafficking victims were paid through his 55 JPMorgan Chase accounts, Insider's Lloyd Lee and Jacob Shamsian reported. Despite Staley's apparent close friendship with Epstein, JPMorgan Chase allowed Staley to manage the multimillionaire's funds, the lawsuit alleged. Staley's lawyer and JPMorgan Chase did not immediately respond to Insider's requests for comments sent outside regular business hours.

☆ PE firms' eagerness to recruit junior bankers is blowing up in their faces. Here's why they need to change.
▼ + stars: | 2023-01-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

As Insider's Emmalyse Brownstein reports, some PE firms are scrambling to fill positions that, in years past, would have been locked up for months. Some context on PE recruiting: Firms recruit, interview, and make offers to junior bankers well ahead of their actual start dates. Some junior bankers didn't feel comfortable interviewing for a new role when they had barely settled into their current ones. The fact PE firms need to go back to the well to fill open seats should be a wake-up call. Click here to read more about how PE firms' early recruitment of junior bankers backfired.

☆ Prince Andrew wants to overturn his multi-million settlement with Virginia Giuffre. Experts say it's a 'foolhardy effort.'
▼ + stars: | 2023-01-25 | by ( Ashley Collman | ) www.businessinsider.com time to read: +5 min

Prince Andrew wants to overturn his settlement with Virginia Giuffre, according to news reports. Giuffre claims Epstein sex-trafficked her to Andrew when she was 17 years old. Representatives for the prince and Giuffre did not immediately respond to Insider's requests for comment on Wednesday. Overall, Filitti described the idea of trying to overturn the settlement as a "foolhardy effort." "If Prince Andrew wants to rehabilitate his image, perhaps he should do so in a way that doesn't remind the public about the seamier aspects of his private life," Filitti said.

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