Anonymous ID: a26596 Jan. 13, 2019, 6:31 p.m. No.4745479   🗄️.is 🔗kun   >>5725 >>6012 >>6109

Amazon wouldn't have happened if it weren't for Bernie Madoff

aka as Inside Jeff Bezo's DC life

 

The Amazon founder and Washington Post owner has quietly become a freewheeling DC socialite—and soon he'll be spending more time here, in the mammoth Kalorama home his family is renovating. What brought the tech giant to town in the first place? And what does he do, exactly, while he's around? The story of how the world's richest man is becoming a Washingtonian.

 

ate one drizzly night this past January, Jeff Bezos strode through the front door of the Jefferson hotel, burnished from an evening spent consorting with the Washington power set and smiling in plain view. This year, the Amazon founder, who is worth more than $110 billion, became the richest person alive. Here at the Jefferson, around 11:30 pm on a Saturday, a flicker of his unstudied private life appeared.

 

Bezos wore blue jeans and a teal vest, the approximation of an Eddie Bauer model, and across his cocked elbow, his wife, MacKenzie, dangled two palms with practiced ease. His security detail, for which Amazon pays $1.6 million a year, was nowhere in sight. The wealthiest man on earth appeared simply to have walked up 16th Street, untroubled by courtiers and well-wishers (or the occasional protester). A brood of ruddy-faced tourists, who collected and dispersed in the hotel lobby, would not pirouette as the couple sliced through their gaze. Actually, no one offered so much as a glance. When I alerted the concierge to the whiff of celebrity in our midst, the young woman cocked a quizzical eye across the table: “Who’s Jeff Bezos?”

 

Soon we’ll all know him. You may even bump into the man. Just as Bezos has busied himself pushing his Seattle company to new feats, the inventor of the “everything store” has been quietly moonlighting in a town that, friends say, he views as an everything city—a delta of diplomats and techies, military engineers and journalists, powerbrokers and problem solvers, a mélange perfectly suited to the tinkerer’s heterodox taste. Confidants report that Bezos spends more time in Washington than in any other city outside of Seattle—ten trips a year, give or take—and for good reason. Not content merely to own the local newspaper, the retail guru has become the owner of the largest home in DC. In 2016, he bought the former Textile Museum, a 27,000-square-foot mansion in Kalorama, and last year he began a massive renovation and expansion—the plans for which foretell the ambitiousness of the life he intends to have here. All of this prefigures the question of whether Amazon will bring its new headquarters—HQ2, in the parlance of the 20 municipalities vying to win it—to Washington, too.

 

Bezos is attracted — like a moth to light — to Washington.

 

“What he’s going to do is revive the legacy of Kay Graham and her great socializing—bringing smart, interesting people together in a social context,” says Jean Case, referring to the late Washington Post publisher. Case and her husband, Steve, the cofounder of AOL, have been friends with the Bezoses since the mid-’90s. Over breakfast in front of the fireplace at the Cases’ home earlier this year, Bezos described his plans. “That’s how they see this house that they’re renovating in Kalorama,” Case says. “They’ll really use it as a magnet of smart, interesting people from all walks.”

 

It makes sense that a billionaire with numerous interests before the federal government might resurrect Graham’s fabled salons—to some, an artifact of a time when politics was supposedly less blood sport. Yet Bezos also owns homes in Beverly Hills, West Texas, and New York. His infatuation with the nation’s capital provokes its own riddle even among those who know him. “It’s a bit of a mystery to me—whether he has political ambitions or thinks he needs to be on the right side of Washington, for Amazon,” one friend of the Bezos family admits. Yet “Bezos is attracted—like a moth to light—to Washington.”

 

Conversations with more than 40 people in or around Bezos’s circle offer some insight into what brings his jet to town and what he does when he gets here—a curiosity that Washingtonians (and Bezos’s employees and politicians and HQ2 speculators) are all eager to unspool. Given our city’s infamous weakness for celebrity, the predictable scramble to receive him will etch itself into the history of this town—perhaps as much as the man will himself.

rest at link(s)

cnbs link is the madoff connection

 

https://www.washingtonian.com/2018/04/22/inside-jeff-bezos-dc-life/

 

https://www.cnbc.com/2018/04/23/amazon-wouldnt-have-happened-if-it-werent-for-bernie-madoff.html

Anonymous ID: a26596 Jan. 13, 2019, 6:41 p.m. No.4745652   🗄️.is 🔗kun   >>5725 >>6012 >>6109

Bezos work at DE shaw included running the quant program and ultimately wrote many of wall streets trading programs at the time. Peter Thiel, John Overdeck, David Siegel. All but Thiel are obscure to the public unless you know who worked where and when

Read about that here:

https://www.forbes.com/sites/nathanvardi/2015/10/01/the-d-e-shaw-mafia-2/#6d17b58c5990

snip

Mafia Wars: How D.E. Shaw's Wall Street Geeks Overtook The Paypal Mafia In Producing Billionaires

 

For years, the PayPal Mafia has been a mythic group of entrepreneurs and investors who built PayPal and then went on to other major successes that helped shape Silicon Valley. Former PayPal employees played key roles in developing companies like Facebook FB -0.33%, YouTube, LinkedIn LNKD +0% and Tesla Motors TSLA +0.64%. The culture and experience of creating PayPal between 1999 and 2002 fueled innovation well after the company was sold to eBay EBAY -0.56%. Three members of the PayPal Mafia, Elon Musk, Reid Hoffman and Peter Thiel, became billionaires.

 

But in the 1990s another company across the country, in New York, was launching and nurturing the careers of people who would also have an enormous impact on American business. D.E. Shaw, the quantitative hedge fund, was still a relatively small outfit in the 1990s and a magnet for gifted mathematicians, computer scientists and engineers who helped build a pioneering financial firm dedicated to quantitative trading. D.E. Shaw has now produced four billionaires—David Shaw, Jeff Bezos, John Overdeck and David Siegel—more billionaires than PayPal, who all overlapped with each other over a relatively short period of time at the hedge fund firm in the 1990s. You could call it the D.E. Shaw Mafia.

 

David Shaw, a former Columbia University computer science professor, founded D.E. Shaw in 1988 and the firm, which currently manages $37 billion, has made him a billionaire. Shaw’s estimated net worth is now $4.7 billion. From the start, Shaw had a reputation for being exceptionally choosy when it came to hiring people, offering jobs to a tiny sliver of interviewing candidates who were more likely to have backgrounds in science or statistics than finance.

 

One of Shaw’s hires in the early 1990s was Jeff Bezos, who ran an options trading group and helped get D.E. Shaw into the so-called third market business of off-board trading of listed stocks. Bezos became a young vice president and met his wife at D.E. Shaw. David Shaw also put Bezos in charge of coming up with Internet-based business opportunities and ideas, which is how Bezos started thinking about and researching the idea of online shopping, and, eventually Amazon. Bezos left D.E. Shaw to found Amazon, which now has a market capitalization of $240 billion.

Anonymous ID: a26596 Jan. 13, 2019, 6:57 p.m. No.4745894   🗄️.is 🔗kun

Gold and Silver nice and steady to start of the world-wide sessions. working way back up to the month long resistance points for both.

What has been absent is the major paper dumps on them they have seen for many years. I expected a few in the last few weeks but they have not arrived. It's either absent or is because of big buying pressure although current COT* data does not show much increase in spec long positions to absorb a large paper sale.

 

These numbers are highly manipulated imo but it's what you get to work with so it's like the London Bullion Exchange or LBME..they set the price so the price is the price. Similar to COT data.

 

  • Comittment Of Traders report.