Tim rigas wife

John rigas sciens
John rigas asprey
John was born in 1924, the first of four children.

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Financial Villains: Where Are They Now?

Milken, Boesky, Pickens, Rigas, Ebbers, Madoff: Their names were once celebrated, back in the 1980s, 1990s, and 2000s, but no longer. These were financial fraudsters who lived the high life until their crimes (or purported crimes) brought them down.

Let’s check and see how these individuals have fared since.

Key Takeaways

Michael Milken received a presidential pardon from Donald Trump in 2020.
Ivan Boesky died on May 20, 2024, at the age of 87.
T. Boone Pickens died in 2019, at the age of 91.
John Rigas died on Sept. 30, 2021, at the age of 96.
Bernard Ebbers died in 2020, at the age of 78.
Bernie Madoff died in prison in 2021, at the age of 82.

Michael Milken

The Crime:

“The Junk Bond King,” as he was known in the 1980s, Michael Milken was indicted on 98 charges of securities fraud in 1989. Pleading guilty in 1990 to six felony counts of securities fraud and conspiracy, he was sentenced to 10 years at a federal minimum-security prison and was barred for life by the U.S. Securities and Exchange Commission (SEC) fro

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Charter CEO Chris Winfrey Addresses “Chatter” About Potential Blockbuster Merger With Comcast, Doesn’t See “Wide-Open” Path To Deal Under Donald Trump

CharterCEO Chris Winfrey acknowledged the “chatter” in the media business and on Wall Street about a potential merger with Comcast, but said such a megadeal is not “core” to his company’s strategy.

During a conference call with analysts to discuss Charter’s better-than-expected fourth-quarter results, Winfreywas asked directly about a Comcast tie-up and his view of M&amore broadly. The top exec didn’t completely rule out dealmaking, but said closing a transaction with another major player won’t necessarily be any easier during the Donald Trumpadministration.

“I know there’s a lot of chatter out there” about Comcast, Winfrey said. But Charter’s strategy, he continued, “has never been dependent on M&a.In fact, it’s really been moving purely from an organic growth perspective, and how do we create value for shareholders from that perspective? You do that by being a great operator. You...

See full article at Deadline Fi

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Adelphia Communications Corporation

Former American cable television company

Adelphia Communications Corporation was an American cable television company with headquarters in Coudersport, Pennsylvania. It was founded in 1952 by brothers Gus and John Rigas after the pair purchased a cable television franchise for US$300. Combining various cable properties, the company became one of the most successful in the United States and reached over two million subscribers in 1998. In addition to cable television, Adelphia later started providing high-speed internet, phone services and voice messaging for businesses.

Despite its success, in 2002 the company filed for bankruptcy amid an internal corruption scandal. An investigation was launched and later revealed that some members of the Rigas family used $2.3 billion to illegitimately purchase personal luxuries. A trial for the case was launched and saw John Rigas being sentenced to 15 years in prison, while his son Timothy Rigas received a sentence of 20 years. John Rigas was released in 2016 as a result of health issues.

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