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Petty, Richard

(Encyclopedia) Petty, Richard, 1937–, American auto racing driver, b. Level Cross, N.C. The son of Lee Petty, a champion stock car race driver, he won a record 200 National Association for Stock Car…

Wells, David Ames

(Encyclopedia) Wells, David Ames, 1828–98, American economist, b. Springfield, Mass., grad. Williams, 1847, and Lawrence Scientific School, Cambridge, Mass., 1851. Early in life he wrote several…

Cassel, Gustav

(Encyclopedia) Cassel, GustavCassel, Gustavg&oobreve;sˈtäf käˈsəl [key], 1866–1945, Swedish economist and authority on international monetary problems. He was a delegate to many world economic…

mutual fund

(Encyclopedia) mutual fund, in finance, investment company or trust that has a very fluid capital stock. It is unique in that at any time it can sell or redeem any of its outstanding shares at net…

DeLay, Tom

(Encyclopedia) DeLay, Tom (Thomas Dale DeLay), 1947–, American politician, b. Laredo, Tex., grad. Univ. of Houston (B.S., 1970). A conservative Republican businessman, he entered politics (1979) as a…

Ponzi, Charles

(Encyclopedia) Ponzi, Charles or Carlo, 1882–1949), Italian-American swindler. He came to the United States from his native Italy in 1903, then went in 1907 to Canada, where he was convicted of check…

Panama Papers

(Encyclopedia) Panama Papers, popular name for the some 11.5 million internal documents belonging to the Panamanian-based law firm Mossack Fonseca that revealed information about secret offshore…

Washington Monument

(Encyclopedia) Washington Monument, obelisk-shaped tower, 555 ft 51&fslsh;9 in. (169.3 m) high, located on a 106-acre (43-hectare) site at the west end of the Mall, Washington, D.C.; dedicated…

bond

(Encyclopedia) bond, in finance, usually a formal certificate of indebtedness issued in writing by governments or business corporations in return for loans. It bears interest and promises to pay a…

Rod Laver

Born: Aug. 9, 1938Australian tennis player only player to win Grand Slam twice (1962,69); Wimbledon champion 4 times; 1st to earn $1 million in prize money, won 11 Grand Slam singles titles.