Tag Archives: Bernie

Here’s what happened when Bernie Sanders put Starbucks’ former CEO in the hot seat – POLITICO

  1. Here’s what happened when Bernie Sanders put Starbucks’ former CEO in the hot seat POLITICO
  2. Former Starbucks CEO battles Bernie Sanders’ ‘billionaire moniker’ in defense of American dream: ‘I earned it’ Fox Business
  3. I am a Starbucks barista who doesn’t qualify for all the wonderful benefits you keep hearing about. We want the ‘different kind of company’ that Howard Schultz promised but failed to deliver Yahoo Finance
  4. Editorial: Howard Schultz and Starbucks should hold their heads high Chicago Tribune
  5. It’s Schultz, Not Starbucks, That Seems to Be Lost Bloomberg
  6. View Full Coverage on Google News

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Bernie Sanders says Silicon Valley Bank’s failure is the ‘direct result’ of a Trump-era bank regulation policy – Yahoo! Voices

  1. Bernie Sanders says Silicon Valley Bank’s failure is the ‘direct result’ of a Trump-era bank regulation policy Yahoo! Voices
  2. GOP presidential candidates react to Silicon Valley Bank collapse; Trump blames ‘out-of-control Democrats’ Fox News
  3. Mitt Romney Drops Truth Bomb on Silicon Valley Bank: Shareholders Should ‘Lose It All’ msnNOW
  4. Silicon Valley Bank collapse: GOP’s Vivek Ramaswamy says more regulation would encourage ‘crony capitalism’ Fox Business
  5. James Comer slams Silicon Valley Bank as ‘one of the most woke banks’ Business Insider
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Bernie Sanders Blames Trump-Era Policy for Silicon Valley Bank Run – Business Insider

  1. Bernie Sanders Blames Trump-Era Policy for Silicon Valley Bank Run Business Insider
  2. GOP presidential candidates react to Silicon Valley Bank collapse; Trump blames ‘out-of-control Democrats’ Fox News
  3. US, UK try to stem fallout from Silicon Valley Bank collapse; 2nd largest banking failure in US hist WUSA9
  4. Mitt Romney Drops Truth Bomb on Silicon Valley Bank: Shareholders Should ‘Lose It All’ msnNOW
  5. Silicon Valley Bank collapse: GOP’s Vivek Ramaswamy says more regulation would encourage ‘crony capitalism’ Fox Business
  6. View Full Coverage on Google News

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Home Depot founder Bernie Marcus warns Americans to wake up after woke Silicon Valley Bank goes bust – Daily Mail

  1. Home Depot founder Bernie Marcus warns Americans to wake up after woke Silicon Valley Bank goes bust Daily Mail
  2. While Silicon Valley Bank collapsed, top executive pushed ‘woke’ programs New York Post
  3. Home Depot co-founder torches ‘woke’ Silicon Valley Bank collapse, warns recession may be here already Fox News
  4. Home Depot Co-Founder Urges Americans To ‘Wake Up’ Following SVB Collapse, Says Recession May Be Here Alr Benzinga
  5. Home Depot Founder Asks Americans to ‘Wake Up’ After Silicon Valley Bank Collapse The Epoch Times
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Bernie Sanders blasts Kroger’s $24.6B Albertsons deal, calls it ‘absolute disaster’

CINCINNATI (ENQUIRER) – U.S. Sen. Bernie Sanders called Kroger’s latest move an “absolute disaster” after the Cincinnati-based grocery retailer announced its plan to take over Albertsons in a $24.6 billion deal on Friday, according to the Cincinnati Enquirer.

The combined sales of the two grocery store chains are nearly $210 billion, putting Kroger about $10 billion shy of U.S. food sales at Walmart, the world’s largest grocer.

>> Kroger seeks to create grocery giant in $20B Albertsons bid <<

In a tweet Friday, Sanders called on the White House to reject the merger.

“At a time when food prices are soaring as a result of corporate greed, it would be an absolute disaster to allow Kroger, the 2nd largest grocery store in America, to merge with Albertsons, the 4th largest grocery store in America,” the Vermont progressive wrote. “The Biden Administration must reject this deal.”

Sen. Elizabeth Warren reacted to the then-rumored merger in an interview with MSNBC on Thursday. The Massachusetts Democrat said the U.S. has failed to utilize antitrust laws for decades, the Enquirer reports.

“For example, with grocery stores, remember how many grocery stores there used to be? And now what you have is a handful of giant chains,” Warren said.

The senator said Kroger earned almost $900 million in the third quarter of 2021, more than three times the amount it made in the same time period in 2019.

“That’s because they have a lot of market dominance,” she said. “If we move in on antitrust law, break up these giant corporations, then we get real competition and then we get markets that are truly competitive.”

Kroger and Albertsons are expected to divest 100 to 375 stores to pacify antitrust concerns, leaving Kroger to operate more than 4,500 stores nationwide, according to the Enquirer. Albertsons’ investors will own a separate company that includes the divested stores.

Both stores currently employ a combined 710,000 associates and operate 4,996 stores, 66 distribution centers, 52 manufacturing plants, 3,972 pharmacies and 2,015 fuel centers in 48 states and Washington D.C.

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Joe Manchin is ‘intentionally sabotaging the president’s agenda’: Bernie Sanders

Sen. Bernie Sanders on Sunday castigated Sen. Joe Manchin after the West Virginia Democrat said he wouldn’t support legislation focused on climate change and tax changes, citing his concerns over high inflation.

Manchin is “intentionally sabotaging the president’s agenda, what the American people want, what a majority of us in the Democratic caucus want. Nothing new about this,” Sanders, I-Vt., told ABC “This Week” co-anchor Martha Raddatz. “And the problem was that we continue to talk to Manchin like he was serious. He was not.”

“When Manchin sabotages climate change, this is the future generations what’s going on right now,” Sanders said. “In the West, all over the world, we’re looking at significantly increased — more and more heat waves. You’d have to look at more flooding. This is an existential threat to humanity.”

The rebuke comes after Manchin told fellow Democrats that he wouldn’t vote — at least not right away — for a party-line proposal to address climate change that some lawmakers had been hopeful to pass with their fragile congressional majority.

Instead, Manchin said, he would back a bill that focused solely on health care measures like prescription drug prices.

Since retaking Congress in 2020, Democrats have been trying to pass major legislation on a slate of social issues to make good on President Joe Biden’s campaign promises and give themselves a boost before the November midterms. But Manchin — and Arizona’s Kyrsten Sinema — have repeatedly broken with the rest of the caucus because of political objections, largely derailing those efforts in the 50-50 Senate.

On “This Week,” Sanders vented that the latest development echoed negotiations last year when Manchin also walked away from a broader social spending bill.

Sen. Bernie Sanders endorses Pa. state Rep. Summer Lee, who is seeking the Democratic Party nomination for Pennsylvania’s 12th District U.S. Congressional district, at a campaign stop in Pittsburgh, May 12, 2022.

Rebecca Droke/AP, FILE

“Same nonsense that Manchin has been talking about for a year,” Sanders told Raddatz when asked about Manchin’s worries over inflation, which hit an annual pace of 9.1 percent last month, a 40-year high. “In my humble opinion, Manchin represents the very wealthiest people in this country, not working families of West Virginia or America.”

In a statement last week, Manchin said he was thinking of everyday costs in opposing the climate and tax proposal.

“Items like chicken, eggs and lunchmeat have increased to new highs, while energy costs rose more than 40% in June with those that can least afford it suffering the most. It is past time we put our country first and end this inflation crisis,” he said.

During his appearance Sunday, Sanders also lamented Biden’s recent trip to Saudi Arabia, saying the president shouldn’t have gone because of Riyadh’s human rights record, including the murder of dissident Jamal Khashoggi, a Washington Post columnist and U.S. permanent resident.

U.S. intelligence has assessed that Khashoggi’s killing was approved by Saudi Arabia’s crown prince, Mohammed bin Salman, which Saudi Arabia vehemently denies.

Saudi Crown Prince Mohammed bin Salman fist bumps President Joe Biden upon his arrival at Al Salman Palace, in Jeddah, Saudi Arabia, July 15, 2022.

Bandar Algaloud/Saudi Royal Court via Reuters

“Should Biden have gone?” Raddatz asked.

“You have a leader of a country who was involved in the murder of a Washington Post journalist. I don’t think that type of government should be rewarded with a visit by the president of the United States,” Sanders said. (The White House says Biden immediately raised Khashoggi’s killing when he met with bin Salman last week.)

Raddatz pressed Sanders on whether Biden’s discussions with bin Salman made sense in light of high gas prices, but Sanders argued that action around what he called corporate greed could make a bigger difference at the pump.

“At the heart of the discussions was oil, and President Biden said the Saudis would take action in the coming weeks. Could that make a difference, and doesn’t that explain why he went? What would you have done?” Raddatz asked.

“One of the things we’ve got to look at is the fact that while Americans are paying $4.50, $4.80 for a gallon of gas, the oil company profits in the last quarter have been extraordinarily high,” he said. “And I happen to believe that we’ve got to tell the oil companies to stop ripping off the American people. And if they don’t, we should impose a windfall profits tax on them.”

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RIP Bernie Stolar, Former Sega, Atari & PlayStation Executive

Stolar pictured during the Dreamcast’s launch
Photo: Associated Press (AP)

Bernie Stolar, one of the most important video game executives of the 1990s, has passed away at the age of 75, GamesBeat reports.

Stolar began working in the video game business in 1980, first founding a coin-op company before moving to Atari, where he did everything from working on their arcade games to their later home console efforts to, of all things, leading development on the Lynx, Atari’s infamously enormous handheld device.

He then moved to Sony where he helped found the American division of the company’s PlayStation brand, serving as the company’s first executive vice president. While at Sony his biggest achievement was lining up a number of studios and properties for the PlayStation’s early library of games—forming relationships that in many cases endure in 2022—including Ridge Racer, Crash Bandicoot and Spyro.

After the PlayStation’s launch Stolar moved to rivals Sega, where he did not mess around. As GamesBeat remembers:

“When I got to Sega I immediately said, ‘We have to kill Saturn. We have to stop Saturn and start building the new technology.’ That’s what I did. I brought in a new team of people and cleaned house. There were 300-some-odd employees and I took the company down to 90 employees to start rebuilding,” Stolar said.

While with Sega Stolar made another visionary long-term signing, buying a studio called Visual Concepts who would go on to become 2K Sports, and who continue to release the NBA 2K series to this day.

Stolar’s post-90s career was marked by spells at Mattel (where he pushed the company to double down on the production of Barbie video games) and Google, where he served as the company’s first ever “Games Evangelist”, a position he tried to use to champion the idea of a streaming game service, something the company waved off at the time and then…would revisit a decade later, long after Stolar had left, before completely screwing it up.

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Bernie Madoff’s sister and her husband dead in apparent murder-suicide

Deputies who responded to a 911 call found 87-year-old Sondra Wiener and her 90-year-old husband Marvin dead from gunshot wounds in their Boynton Beach, Florida home on Thursday, the Palm Beach County Sheriff’s Office said in the release Sunday.

“Detectives from the Violent Crimes Division arrived on scene to investigate further. After further investigation it appears to be a murder-suicide,” the release said.

Authorities to date have not disclosed which party carried out the murder-suicide, but the sheriff’s office said the cause of death will ultimately be determined by the medical examiner.

The couple’s family have enacted Marsy’s Law for Marvin Wiener, according to the sheriff’s office, a state law which allows victims to assert the right to keep personally identifying information confidential where necessary to prevent harassment.

According to US Census records, Sondra Wiener is the sister of disgraced financier Bernard Madoff, who died last year aged 82 while serving a 150-year sentence in federal prison.

Madoff, born in New York’s borough of Queens, was the mastermind behind a $20 billion Ponzi scheme — the largest financial fraud in history.

Family tragedies followed his conviction. Madoff had two sons, both of whom worked for his firm. Mark Madoff, the older son, died by suicide in 2010, his other son Andrew died of cancer in 2014.

Madoff and Wiener’s brother Peter also served a 10-year prison sentence for his involvement in the scheme. He was sentenced in 2012 and was released from prison in November 2019, to home confinement. His home confinement ended in August 2020.

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Bernie Madoff’s Sister and Her Husband Are Found Dead in Florida

Bernie Madoff’s sister, Sondra Wiener, and her husband were found dead on Thursday in their home in Boynton Beach, Fla., in what the authorities said was an apparent murder-suicide.

The Palm Beach County Sheriff’s Office said deputies responded to a 911 call and found Ms. Wiener, 87, and her husband, Marvin, 90, both dead from gunshot wounds.

The Medical Examiner’s Office personnel “arrived on the scene and took possession of both Marvin and Sondra,” according to the sheriff’s Facebook page and Twitter account. The cause of death will be determined by the Medical Examiner’s Office.

Though the social media accounts of the Sheriff’s Office included the names of the couple, a statement from the office identified only Ms. Wiener and said the family “had invoked Marsy’s Law for the male,” which provides protections for crime victims.

Bernie Madoff, who perpetrated one of the largest Ponzi schemes in Wall Street history and began serving a 150-year sentence in 2009, died last year in a federal prison hospital. Mr. Madoff’s older son, Mark, died by suicide in his Manhattan apartment early on the morning of Dec. 11, 2010, the second anniversary of his father’s arrest.

In 2009, Ms. Wiener’s son, David Wiener, told The New York Post that his mother was among the thousands of people victimized by Mr. Madoff. The losses from his scheme, on paper, totaled nearly $65 billion.



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Bernie Madoff’s sister and husband found dead in suspected murder-suicide, report says

The sister and brother-in-law of infamous Ponzi scheme mastermind Bernie Madoff have been found dead in a suspected murder-suicide, according to reports.

Sondra Wiener, 87, was found shot dead on Thursday at her home on Barca Boulevard in Valencia Lakes, west of Boynton Beach, the Palm Beach County Sheriff’s Office said in a release. The body of a 90-year-old male was also found dead of a gunshot wound, it continued – though his family has invoked a Florida law protecting crime victims to withhold his name.

Ms Wiener’s husband Marvin, however, was known to live with her and was named locally in a neighbourhood email seen by BocaNewsNow.com, the outlet reported.

The couple died in what “appears to be a murder/suicide,” the sheriff’s office said, continuing: “The Medical Examiner’s Office personnel arrived on scene and took possession of both the male and Sondra. The cause of death will be determined by the ME.”

An internal email sent to homeowners in the neighbourhood and obtained by BocaNewsNow lamented the “tragic situation on Barca Boulevard regarding the passing of Sondra and Marvin Weiner. (sic) Our thoughts and condolences go out to their family. There is currently an investigation pending.”

Bernie Madoff ran the largest Ponzi scheme in history. He pleaded guilty to 11 federal felonies in 2009 and died last year in prison at the age of 82.

Before they moved to Valencia Lakes, the Wieners lived in BallenIsles, a private country club community where Serena and Venus Williams also previously owned a home. The Wieners had to sell their Palm Beach Gardens mansion, however – worth about $850,000 – after they allegedly lost millions in Madoff’s scam.

“My family’s a victim,” their son, David, told the New York Post in 2009. “More so than anybody else. It’s very painful.”

The couple moved into a home nearly a third of the price in Valencia Lakes, about a half-hour south of their previous tony address.

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