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NY Rep.-elect Santos admits lying about career, college
  + stars: | 2022-12-27 | by ( ) www.cnbc.com   time to read: +2 min
Rep.-elect George Santos, R-N.Y., admitted Monday that he lied about his job experience and college education during his successful campaign for a seat in the U.S. House. Rep.-elect George Santos, R-N.Y., admitted Monday that he lied about his job experience and college education during his successful campaign for a seat in the U.S. House. In an interview with the New York Post, Santos said: "My sins here are embellishing my resume. Santos told the Post he had "never worked directly" for either financial firm, saying he had used a "poor choice of words." "I never claimed to be Jewish," Santos told the Post.
In one interview, he blamed the "elitist" New York Times for his lies about his employment history. And in an interview with City & State NY that was published Monday night, he blamed the New York Times for misrepresentations he had made about his employment history. "The moment I put that on a resume, and I put it out there, elitists like the New York Times like to call blue-collar jobs like that 'odd jobs.' "The reality is, yes, I omitted, like, past employment history that was irrelevant to the role," he added. During his interview with City & State NY, Santos also addressed his prior marriage to a woman; Santos is the first non-incumbent gay Republican ever elected to Congress.
An incoming GOP congressman from Long Island has several gaps in his resume, according to news reports. Santos has begun to address the falsehoods in interviews with the New York Post and City & State New York. But representatives from the school told the Times they had no record of his enrollment, despite searching multiple variations of his name. Santos has said that he never claimed to be Jewish, just "Jew-ish," despite describing himself as a "proud American Jew" during his campaign. The Republican Jewish Coalition now says he lied to them.
Rep.-elect George Santos told The New York Post he fabricated key details about his credentials. Santos lied about working for Goldman Sachs and Citigroup and graduating from Baruch College. The New York Times investigation revealed that Baruch College had no record of Santos as a student. "I never claimed to be Jewish," Santos told The Post, saying that his grandmother, "told stories about being Jewish" before converting to Catholicism. Because I learned my maternal family had a Jewish background I said I was 'Jew-ish.'"
The New York Attorney General’s Office said it is “looking into a number of issues" surrounding Congressman-elect George Santos, who was the subject of a bombshell New York Times investigation that questions whether the incoming Republican lawmaker fabricated much of his biography, including his education, work history and financial dealings. The office, however, did not confirm whether it had opened an official investigation into Santos and declined to comment further on the matter. A lawyer for Santos, Joe Murray, told NBC News in an email Thursday afternoon that he had "not been contacted by anyone" from the New York Attorney General's Office. Monday evening, Santos posted a statement on Twitter from his attorney dismissing the Times' report. Santos' competitor in the November election, Democrat Robert Zimmerman, said members of both parties "should be grateful" that the state's attorney general is looking into Santos.
Democrats called for an investigation into apparent discrepancies in the biography of George Santos , a Republican elected last month to represent part of Long Island, N.Y., in the House of Representatives, with some saying he shouldn’t be seated when the new Congress is sworn in next month. Mr. Santos, 34 years old, said during the campaign that he graduated from Baruch College in Manhattan and worked at financial-service firms including Goldman Sachs Group Inc. and Citigroup Inc. before making an earlier bid for Congress in 2020. A Baruch College spokesperson found no match for a student with Mr. Santos’s name and graduation date. Representatives of Citigroup and Goldman said they had no record of his employment there.
Democrats called for an investigation into apparent discrepancies in the biography of George Santos , a Republican elected last month to represent part of Long Island, N.Y., in the House of Representatives, with some saying he shouldn’t be seated when the new Congress is sworn in next month. Mr. Santos, 34 years old, said during the campaign that he graduated from Baruch College in Manhattan and worked at financial-service firms including Goldman Sachs Group Inc. and Citigroup Inc. before making an earlier bid for Congress in 2020. A Baruch College spokesperson found no match for a student with Mr. Santos’s name and graduation date. Representatives of Citigroup and Goldman said they had no record of his employment there.
Santos, 34, was elected to represent New York’s 3rd Congressional District, beating Democrat Robert Zimmerman last month. Representatives for Citigroup and Goldman Sachs told NBC New York they had no record of his employment. In a statement Monday, Santos’ lawyer, Joseph Murray, dismissed the story, insisting that Santos was being smeared by "enemies" at the paper, and suggesting that Santos, posed a threat to Democrats. "It is no surprise that Congressman-elect Santos has enemies at the New York Times who are attempting to smear his good name with these defamatory allegations. The upset means Santos will succeed Democrat Tom Suozzi, who lost a primary bid for governor this year.
Take Blackstone, which recently expanded a data tool it originally built for its real-estate business to be used across its PE portfolio. As recently as just a few years ago, PE firms were just starting to warm to the idea of building out data-science teams. But that tech has been a hard sell for PE firms as well, until recently. Many PE firms are just now waking up to the possibilities of the public cloud. To be fair to PE firms, figuring out how to incorporate data analysis into the investing process is no easy task.
George Santos, whose election to Congress on Long Island last month helped Republicans clinch a narrow majority in the House of Representatives, built his candidacy on the notion that he was the “full embodiment of the American dream” and was running to safeguard it for others. His campaign biography amplified his storybook journey: He is the son of Brazilian immigrants, and the first openly gay Republican to win a House seat as a non-incumbent. But a New York Times review of public documents and court filings from the United States and Brazil, as well as various attempts to verify claims that Mr. Santos, 34, made on the campaign trail, calls into question key parts of the résumé that he sold to voters. Citigroup and Goldman Sachs, the marquee Wall Street firms on Mr. Santos’s campaign biography, told The Times they had no record of his ever working there. Officials at Baruch College, which Mr. Santos has said he graduated from in 2010, could find no record of anyone matching his name and date of birth graduating that year.
Long Island Republican George Santos has been accused of fabricating his biography. In a statement Monday night, Santos's attorney quoted Winston Churchill. The statement posted on George Santos' Twitter account attributes a Victor Hugo quote to Winston Churchill. It goes on to quote the former Conservative UK prime minister who led Britain during World War II: "As Winston Churchill famously stated, 'You have enemies? As a representative for the International Churchill Society told the fact-checking website: "Churchill never said it."
In his first run for Congress two years ago, Republican George Santos disclosed having almost no assets. A new New York Times report revealed several inaccuracies in Santos' reported resume. The Devolder Organization, in which Santos disclosed that he had "100% interest," was one of six stakeholders in a Florida-based firm, Red Strategies USA. Santos' past in questionA newly released report by the New York Times and other publications put other aspects of Santos' resume into question. The New York Times also indicated that Santos may have lied about losing colleagues in the Pulse nightclub shooting and his residence.
An incoming GOP congressman from Long Island has several gaps in his resume, according to a NYT report. He appears to have lied about his employment history, his college degree, and possibly his residence. He also claimed to have lost four employees in the 2016 Pulse Nightclub shooting. And according to a New York Times investigation, he may have a historically large amount of questions to answer about his resume. But representatives from the school told the Times they had no record of his enrollment, despite searching multiple variations of his name.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnitedHealth Group, Cameco Corp, and more: CNBC's 'Halftime Report' traders answer your questionsCNBC's Halftime traders Jason Snipe of Odyssey Capital Advisors, Bill Baruch of Blue Line Futures, and Jenny Harrington of Gilman Hill Asset Management answer investment-related questions from CNBC Pro subscribers. Look out for an email where you can submit your questions directly to the Halftime team.
On Thursday's "Ask Halftime," our traders answered questions from CNBC Pro subscribers about stocks and ETFs during this market volatility, including whether to buy, sell or hold specific names. Jason Snipe of Odyssey Capital Advisors highlighted reasons why he continues to like UnitedHealth Group and why the stock is a solid pick. Blue Line Futures' Bill Baruch emphasized why nuclear is the future and how Cameco is a long-term investment. Finally, Jenny Harrington of Gilman Hill Asset Management talked about Ardagh Metal Packaging 's excellent balance sheet.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Halftime Report' committee members Josh Brown and Jenny Harrington debate the Disney tradeCNBC’s ‘Halftime Report’ investment committee, Bill Baruch, Josh Brown, Jason Snipe and Jenny Harrington, discuss Disney's stock and outlook heading into 2023.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch the full mid-day market discussion with the CNBC ‘Halftime Report’ investment committeeCNBC’s ‘Halftime Report’ investment committee, Bill Baruch, Josh Brown, Jason Snipe and Jenny Harrington, discuss stocks plunging today after a weak retail report and the Fed's hawkish stance on rate hikes.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed has to remain hawkish in its remarks, says Ritholtz's Josh BrownCNBC’s ‘Halftime Report’ investment committee, Bill Baruch, Josh Brown, Jason Snipe and Jenny Harrington, discuss stocks plunging today after a weak retail report and the Fed's hawkish stance after yesterday's 50 bps rate hike.
Investor Bill Baruch said he likes Rockwell Automation as sticky wages further increase employers' interest in trimming labor costs. "Let's talk about a stock expecting double-digit earnings growth in 2023," said Baruch. Average hourly wages jumped 0.6% from the prior month, and they climbed 5.1% from a year ago, also exceeding analyst expectations. Meanwhile, the industrial automation company narrowly beat analyst expectations for per-share earnings and revenue in its fiscal fourth quarter, according to FactSet. Baruch isn't the only one taking note of the stock – but not necessarily for the same reason.
Apple and the tech trade: What investors need to know
  + stars: | 2022-12-05 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple and the tech trade: What investors need to knowCNBC’s ‘Halftime Report’ investment committee, Stephanie Link, Bill Baruch, Joe Terranova and Jim Lebenthal, discuss Apple and the tech trade.
Fed's soft landing appears more likely now, says Jim Libenthal
  + stars: | 2022-12-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed's soft landing appears more likely now, says Jim LibenthalCNBC’s ‘Halftime Report’ investment committee, Stephanie Link, Bill Baruch, Joe Terranova and Jim Lebenthal discuss the likelihood of a year-end rally and what it means for 2023 market outlook.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDow slides 300 points on fears the Fed will keep tightening into a recessionCNBC’s ‘Halftime Report’ investment committee, Stephanie Link, Bill Baruch, Joe Terranova and Jim Lebenthal discuss the likelihood of a year end rally and what it means for 2023 market outlook.
But Ben-Gvir, now a lawyer, says his positions have become more moderate. A soldier was suspended on Friday after being videotaped warning pro-Palestinian activists in the flashpoint West Bank city of Hebron: "Ben-Gvir will sort this place out." "Every bill you propose has very, very broad consequences and impacts," Ben-Gvir says in the recording. Queried by Army Radio, Ben-Gvir verified the recording. Palestinians and Jordan regard Jewish prayer there as a major provocation.
The state of stocks post-midterm
  + stars: | 2022-11-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe state of stocks post-midtermBill Baruch, Blue Line Capital founder and CEO, joins the 'Halftime Report' to discuss S&P numbers, Fed hikes going forward and CPI expectations influencing risk assumptions.
HILLTOP, West Bank, Nov 7 (Reuters) - High atop a rocky hill in the occupied West Bank, Israeli settlers exhilarated by a resounding right-wing election triumph surveyed a landscape dotted with Palestinian villages, scouting new spots to put down roots. But among ideological settlers who see themselves as pioneers redeeming Biblical heartland promised by God, hopes are already high for budgets, construction and infrastructure to keep their enterprise thriving. "I sense a chill down my spine coming back to the very places where my ancestors lived," said Baruch Gordon from the settlement of Bet El, where Religious Zionism election banners dot the streets. More than 450,000 people, or less than 5% of Israel's population, are Jewish settlers in the West Bank, home to about 3 million Palestinians who exercise limited self-rule there. About 80% of Bet El's votes went to Religious Zionism, data from the Knesset's election committee showed, and almost 10% to Netanyahu's Likud.
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