After making a fortune on Wall Street, he bought The Nation magazine and founded The New York Observer, which one writer called a “maypole of Manhattan gossip and intrigue.” Source: New York Times
Posts published in “Private Equity”
Trump Commuted David Gentile’s Sentence. His Victims Are Seething.
By Gotham Rex on December 12, 2025
David Gentile spent just days in prison for his conviction in what prosecutors described as a $1.6 billion scheme that defrauded thousands of investors. Source: New York Times
Finance Companies Target Exonerated Prisoners With High Interest Advances
By Gotham Rex on November 27, 2022
Many former prisoners are broke until state settlements arrive. Tiding them over has become a niche market for finance firms. An investment can reap 33 percent interest. Source: New York Times