This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy. Sign In. Marc Rich. TaleFlick, an online platform that provides writers with a chance to showcase their work to producers and studios, is partnering with HarperCollins Publishers.
The collaboration between the companies will allow the publisher to upload thousands of titles across an array of genres, and provide HarperCollins authors the opportunity to have their titles made more accessible to the film industry. The two companies have signed a multi-year contract, according to Uri Singera producer and founder of TaleFlick.
TaleFlick, which launched incurates full-length fiction and non-fiction books, as well as unproduced screenplays into a searchable library for producers and development executives around the world. Instead, shooting will take place in Rio de Janeiro, Brazil this year, with the goal of wrapping production by Christmas. Hawke hopes to cast Juliette Binoche in one of the key roles and is lining up the rest of his ensemble.
He will not act in the film. Hollywood endured a big setback this month, and it had nothing to do with the Oscars. A major studio, 20th Century Foxofficially disappeared into the mist, instantly transforming a once robustly competitive industry into a Disney oligopoly.
The ultimate cost in jobs could range as high as 10, but the real cost will be in opportunity and competitive zeal. I took the demise of Fox personally because it was the second studio loss I had witnessed. Ironically, he and Rupert Murdoch had been trading offers for years for Fox and MGM, with Kerkorian foolishly snubbing him MGM continued to stagger along for some years without serious funding commitments.
Sloan prize at Sundance in Tsakas will be on board for Tesla, written and directed by Almereyda, which begins shooting in New York in the spring. The book is regarded as the most important and accurate accounts of the Gracie family. The tome recounts the story of the Brazilian martial arts dynasty.
Presidential pardon power has always been political. Today, the pardon power hangs over the work of Special Counsel Robert Mueller, as he racks up convictions for men like former Trump campaign manager Paul Manafort.
Trump has even boasted on Twitter that he could pardon himself. Here, a look back at controversial presidential pardons.The owner of the New York Yankees, pirates, Deep Throat and a former president share the distinction. Cheaters sometimes prosper, especially when they know the president. Rich, who made billions in commodities as founder of Glencore International, was a fugitive on charges of tax evasion and trading with Iran until he was pardoned by President Bill Clinton.
The Day: Denise Rich is now on a long list of Americans who have renounced their citizenship, and it seems safe to assume that some are doing so as a tax dodge. A new ProPublica analysis makes clear that money and influence are still factors in presidential pardons. It remains to be seen whether Glencore can make the transition from a commodities dealer that thrives on secrecy to a transparent public company that must report its finances. Latest Search Search.
Clear this text input.
By Neil Vigdor. By Spencer Bokat-Lindell. By The New York Times. By Douglas Martin. By Clyde Haberman. Taking Note Need a Pardon? Donate to a Congressman. Being White Also Helps A new ProPublica analysis makes clear that money and influence are still factors in presidential pardons. By Andrew Rosenthal. By Julia Werdigier. DealBook Glencore Sets I. By Chris V. Show More.Rich fled the Holocaust with his parents for America to become the most successful and controversial trader of his time and a fugitive from U.
Belgian-born Rich, whose trading group eventually became the global commodities powerhouse Glencore Xstrata, died in hospital from a stroke, spokesman Christian Koenig said. At the cream-painted, red-roofed villa, with views of the nearby mountains and grounds sloping down to the banks of the lake, security guards and other staff could be seen but there was no sign of family members. He was able to recognize trends and seize opportunities before other traders.
And he went where others feared to tread - geographically and morally. Customs Service and the U. Marshall Service. At the time, it was the biggest tax evasion case in U. Rich, who valued trust, loyalty, secrecy and persistence, always insisted he did nothing illegal and among those who lobbied Clinton on his behalf for his pardon were Israeli political heavyweights Ehud Barak and Shimon Peres. On learning of the indictment plans, Rich fled to Switzerland to escape the charges, which included exploiting the U.
Roth, New York state commissioner of taxation and finance. He remained under threat of a life sentence in a U. The former president later said the donation was not a factor in his decision and he had acted partly in response to a request from Israel. There was also scrutiny over the role of Eric Holder, now the attorney general and then a deputy attorney general who recommended the pardon. He should never have been pardoned.
Rich inherited his business acumen from his father, who became a millionaire by setting up an agricultural trading firm after emigrating to the United States.
While at Phibro, Rich foresaw the huge price increases imposed by the Organisation of Petroleum Exporting Countries inearning big profits for the firm. However, he became infuriated by his pay and trading strictures.
It became a highly successful trading firm and a much feared adversary in energy, metals, minerals, grains and sugar markets. Rich described himself as a keen tennis player, skier, alpinist and patron of the arts. Those who knew him said in private Rich was calm and charming with a sense of humor. He also invested with Bernard Madoff, the financier later convicted of operating a huge pyramid scheme.
Rich once told Fortune magazine he was a normal person with an image problem. Marshall who hunted Rich around the world for more than a decade.
Those who knew him say Rich never lost his appetite for a deal. He traveled to London earlier this month and had a dinner with several old friends, an old acquaintance told Reuters.
He told me he was doing a little bit of business. Discover Thomson Reuters. Directory of sites. United States. Business News. Alice Baghdjian.Goodreads helps you keep track of books you want to read. Want to Read saving…. Want to Read Currently Reading Read. Other editions. Enlarge cover. Error rating book. Refresh and try again. Open Preview See a Problem? Details if other :.
Marc Rich, Ph.D.
Thanks for telling us about the problem. Return to Book Page. Billionaire oil trader Marc Rich for the first time talks at length about his private life including his expensive divorce from wife Denise ; his invention of the spot oil market which made his fortune and changed the world economy; his lucrative and unpublicized dealings with Ayatollah Khomeini's Iran, Fidel Castro's Cuba, war-ravaged Angola, and apartheid South Africa; Billionaire oil trader Marc Rich for the first time talks at length about his private life including his expensive divorce from wife Denise ; his invention of the spot oil market which made his fortune and changed the world economy; his lucrative and unpublicized dealings with Ayatollah Khomeini's Iran, Fidel Castro's Cuba, war-ravaged Angola, and apartheid South Africa; his quiet cooperation with the Israeli and U.
This sure-to-make-headlines book is the first no-holds-barred biography of Rich, who was famously pardoned by Bill Clinton, and resurfaced in the news during the confirmation hearings of Attorney General Eric Holder. The King of Oil sheds stunning new light on one of the most controversial international businessmen of all time, charting Rich's rise from the Holocaust, which he fled as a young boy, to become the wealthiest and most powerful oil and commodities trader of the century.
From his earliest trading days to the present, Marc Rich's story is astonishing and compelling. Get A Copy. Hardcoverpages. Published October 13th by St. Martin's Press first published More Details Original Title. Other Editions 6. Friend Reviews. To see what your friends thought of this book, please sign up.
To ask other readers questions about The King of Oilplease sign up.Marc Rich may have a pardon clearing him to enter the U. Washington sources tell me that congressional investigators would love to slap him with a subpoena upon arrival and haul him before congressional hearings and the cameras for interrogation. The Clinton pardon deal may just be one small part of what Congress may want to find out from Rich. Perhaps the most serious concern for congressional investigators is Rich's longstanding ties with Russian intelligence agencies, the Russian mafia, and some of the old communist states of East Europe.
The book reveals how Rich and Russian oligarch Boris Berezovsky and associates stole untold sums from the Russian people through corrupt international financial manipulations. Rich ignored the embargo and imported grain into the Soviet Union, winning friends in the Soviet hierarchy with whom he would ally himself when the Communist government collapsed.
According to NewsMax. Everybody in that carousel, commie and KGB, got personal benefits It is widely believed by intelligence experts that today's powerful Russian "mafia" is nothing more than an arm of Russian intelligence agencies, such as the former KGB.
Other evidence suggests Rich had more than a casual business relationship with Russia's spy agencies. According to Klebnikov, Rich came into the picture again as a major wheeler-dealer in Russia aroundwhen the Soviet Union began to open up to outsiders, Dreher wrote. All these local Communist Party bosses got to strike deals on their own," the author told Dreher. Working out of Switzerland, which has secretive banking laws, Rich was in a prime position to help Russia's plunderers carry out their dirty work," Dreher wrote.
Rich began buying Russian aluminum at absurdly cheap prices, with his hard currency. Rich then dumped the aluminum onto Western industrial markets, causing a 30 percent collapse in the price of the metal, as Western industry had no way to compete. There was such an outflow of aluminum from Russia that there were shortages of aluminum for Russian fish canneries. At the same time, Rich reportedly moved in to secure export control over the supply of most West Siberian crude oil to Western markets.
Rich's companies were under investigation for fraud in Russia, according to a report in the Wall Street Journal of May 13, As a result, for at least two years, while the Soviet Union was writhing in its death throes, Rich was that nation's largest trader of aluminum and oil on a spot basis.
According to Dreher, a former foreign-trade minister told the author that Rich taught the robber-baron elite how to get around the law by running secret deals through shell companies and the like. In an interview with Forbes magazine, a former Russian trade minister, Oleg Davydov, told Klebnikov that in the rush to privatize government-owned industries the Russian government made a serious mistake by immediately dismantling the government foreign trade monopolies.
When these legal channels became inconvenient [for Russia's new businessmen], there appeared a huge mass of foreign entrepreneurs, mostly crooks like Marc Rich, who began to teach us various ways of taking the money out through offshore companies.
Marc Rich, 'King of Oil' pardoned by Clinton, dies at 78
American - Businessman December 18- June 26 You can't run a business based on sympathies; otherwise our business would be hampered. Marc Rich. You Business Our Run. It is much more convenient not to be a public company. As a private company you don't have to give information to the public. Secrecy is an important factor of success in the commodity business. Success You Business Important. I basically see two reasons for a going public: Glencore gets access to more money.
It is a way of funding your business and to finance growth. Plus: You have more liquid shares. It is easier to leave the company and redeem your shares. The 'going public' may also be an exit strategy for the top management. You Growth Business Money. I miss New York. I like the country and I like the people. However, the U. People Legal Country Political.
George W. Bush was a very bad president. The Iraq war was a big mistake.President-in-waiting Hillary Clinton has never addressed her role in the midnight pardon of billionaire fugitive Marc Rich.
When pressed, she merely cackles. Even though pages of core documents relating to the pardon decision remain under seal at the Clinton Library, a review of the available record tells a much different story. He and Pinky were soon billionaires and big shots in the global petrochemical trade. It is said that Rich owns one of the largest private collections of Picasso paintings and sculptures in the world.
Then in crisis hit the Rich family. The U. Documents were subpoenaed. Indictments were in the works. Rich hired D. When Giuliani requested that Pinkyand Rich turn over their passports and post a large bond, Williams acted indignant and personally avowed to the federal judge overseeing the case that his client was not a flight risk. Two days later, Pinky and Rich were on a plane bound for Europe. As expected, the indictments came: a count charge alleging fraud, trading with the enemy Iranand tax evasion.
Humiliated, Williams resigned in a huff, and Rich found a succession of new lawyers over the next decade, including former Nixon attorney Leonard Garment and Lewis Scooter Libby, who would later find refuge in the awesome power of presidential privilege.
He evaded the U. Years later, Rich would also escape his captors in Germany and Jamaica, courtesy of anonymous tips to the fugitive billionaire. Rich dropped millions at every stop, especially in Switzerland. Entreaties were made to Swiss officials, and money liberally dispensed. Marshals finally tracked Rich down in Switzerland, they immediately petitioned the Swiss government for his extradition.
Request denied. As far as the Swiss were concerned, financial crimes, especially involving taxation, were trifling concerns unworthy of governmental consideration.
Bill Clinton pardon controversy
But again, there was a fortuitous leak. The Swiss police approached the would-be kidnappers and told them to shut down their operation or they would be the ones sitting in jail. The Marshals retreated. Rich had found his sanctuary. He summoned Denise and the children to join him in sprawling mansion near Lucerne and then renounced his U. This freed him from the nagging obligation of ever again having to worry about entanglements with the IRS over tax obligations.