The company later became WCI Steel Inc., and Ira Rennert was able to ultimately sell bonds totaling USD 300 million, paying USD 108 million of the proceeds as a dividend to Renco. Ira Rennert - Biography This page was last edited on 17 February 2023, at 14:42. 'pubdate' : '1341942417' , 'type' : 'blogpost' , el.parentNode.insertBefore(s, el); Looking to lower your 2022 taxes? var mps = mps || {}; He made his first fortune in junk bonds in the 1980s. 'title' : '1% Feuds: The Hampton Helicopter Spat' , 'template' : 'story_simple' , With twin 2,520-horsepower engines and up to 19 seats, the Sikorsky S-92 is among the worlds most powerful civilian helicopters. The flights have become so noisy that neighbors are complaining. SOCIAL_MEDIA: 8 TRD Staff | January 10, 2018 06:05PM. Rennert's parents were immigrants from Poland and Romania. But just because you can delay doesn't mean you should. } Locals in Herculaneum claimed their children were suffering from lead poisoning traceable to toxic emissions coming from Renco's Doe Run lead smelting plant, which had been in operations locally since 1892. mps._queue.adclone = mps._queue.adclone || []; Lee Buchwald, the MagCorp trustee, was not immediately available for comment. [15] By 2005, the most recent year of data released by the EPA, emissions had been reduced 97%. Inexpensive, too! mps._queue.mpsinit.push(function() { mps._queue.mpsloaded = mps._queue.mpsloaded || []; Media related to Ira Rennert at Wikimedia Commons, The website address for the US Magnesium Superfund Site is, Toxic Lead Smelting Operation in La Oroya, Peru, Last edited on 17 February 2023, at 14:42, New York University's Stern School of Business, National Association of Securities Dealers, United States Court of Appeals for the District of Columbia Circuit, List of investors in Bernard L. Madoff Securities, New York University Leonard N. Stern School of Business, "SEC News Digest - Dixie Dinettes Files for Secondary", "Ira Rennert's House of Debt: How leverage made millions for a tarnished financier--and investors lost out", "Doe Run owner built empire on junk bonds", "US: U.S. Moves to Seize Pension Fund in Dispute With Renco | corpwatch", "U.S. Moves to Seize Bankrupt Steel Maker's Pension Plan", "Perelman Seeks Controlling Stake in Maker of Hummer", "Summaries of the 2004 Climate Protection Award Winner's Accomplishments", "Herculaneum Facility to Close After 120 Years in Operation", The Nation: "Religious Leaders Challenge Polluter" by Sara Shipley Hiles, "Poisoned city fights to save its children", "-Yeshiva University News - Gifts Boost Medical Research: Ten Professors Invested in Endowed Chairs at Albert Einstien College of Medicine", "Members of Congress, Obama Administration Go to Bat For Billionaire Investor", Vanity Fair: Letter from the Hamptons: Sand Simeon, New York Observer: "Big Deal!
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