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Topic: Ira Rennert

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	gladwell dot com - sagaponack homeowners association vs. ira rennert
		Now that the strange case of the Sagaponack Homeowners Association vs. Ira Rennert appears to be concluded, it may be time to reflect on what has--and has not--been learned from this, the season's most engrossing episode of rich-on-rich violence.
		Rennert, as is now widely known, is the multimillionaire industrialist who is building a forty-two- thousand-square-foot single-family home, reported to cost a hundred million dollars, on a sixty-three-acre Hamptons potato field.
		For example, the Sagaponack potato field where Rennert is building his house is zoned R-120, which means that the minimum lot size in the area for anyone looking to build a new house is three acres.
	www.gladwell.com /1999/1999_01_25_t_rennert.htm (671 words)

	Newsroom : Recent News (Site not responding. Last check: )
		Rennert believe that environmental matters for each of the operating companies are not their "issues." In fact, The Renco Group has strongly endorsed and encouraged efforts that each of its companies has undertaken.
		Rennert is on the verge of completing the construction of his home in Sagaponack, which is known as Fairfield.
		Rennert has generously provided financial support to poor communities to supply Torahs where there were none, to build temples when services occurred in people's basements and to build schools and pediatric hospices where they were lacking.
	www.rencogroup.net /news/recent.html (2908 words)

	BW Online \| February 17, 2003 \| Ira Rennert's House of Debt
		Rennert picked up the company for about $133 million in 1992, but it has a hot seller on its hands now--the rugged $55,000 H2 sport-utility vehicle.
		Rennert's tale is instructive at a time when a growing legion of discredited star analysts and bankers, who symbolize the excesses of the '90s, are being banned from the industry or are under investigation.
		As Rennert's career shows, people who are penalized by the securities industry can easily--and legally--slip into other financial services and continue to take funds from investors.
	www.businessweek.com /magazine/content/03_07/b3820069_mz020.htm (0 words)

	Lawyers Say Mega-Mansion In Hamptons Is Merely a Home - New York Times
		Rennert's lawyers argued that the sprawling limestone mansion, occupying about 100,000 square feet on 63 oceanfront acres, is a single-family home and legally qualifies as such.
		Rennert and his critics are prepared to file suit immediately to overturn the decision.
		Rennert, an investor said to be worth $500 million, runs the Renco Group, a holding company with estimated annual gross revenues of $2.5 billion.
	query.nytimes.com /gst/fullpage.html?res=9F01E6DB1530F93AA2575AC0A96E958260 (578 words)

	Pension Battle May Entangle Mogul's Home - New York Times
		Ira L. Rennert's colossal house in the Hamptons, built with the riches from his sprawling industrial empire, has withstood lawsuits from angry neighbors, appeals to the local zoning board, even an attempted documentary filming by Michael Moore.
		Rennert's acquisitions was probably A. General, which makes the Humvee armored troop carrier and its civilian counterpart, the original Hummer, which is sold through General Motors.
		Rennert bought the company out of bankruptcy in 1992 for $133 million, and sold 70 percent of it to the financier Ronald O. Perelman in 2004 for about $930 million.
	www.nytimes.com /2006/02/03/business/03pension.html?ex=1296622800&en=4df60fec0e65fac7&ei=5090&partner=rssuserland&emc=rss (898 words)

	Pension Battle May Entangle Mogul's Home \| theledger.com (Site not responding. Last check: )
		Rennert's 29-bedroom oceanfront estate, along with other assets, to make sure he delivers on hundreds of millions of dollars in pensions promised to a group of steelworkers in Ohio.
		Rennert's case, the first step in such a process could come as early as today, with the pension agency going to court to seize the steelworkers' pension fund.
		Rennert, said that was sufficient for an continuing pension plan, even though it was less than the $189 million shortfall the actuary had identified, because the money would compound over time if the plan were kept intact.
	www.theledger.com /apps/pbcs.dll/article?AID=/20060203/ZNYT01/602030434/1001/BUSINESS (3605 words)

	SIGHTINGS
		Rennert's grandiose plans have produced protest and speculation among the Masters of the Universe who summer here, where private tennis courts are commonplace, squadrons of gardeners tend manicured lawns and the neighborhood market sells lobster salad for $40 a pound.
		Rennert's holding company, Renco Group, is commonly said to gross $2.5 billion a year, although its records are not public, while Rennert's personal net worth is said to be in excess of $500 million.
		Rennert, with homes on Park Avenue and in Atlantic Beach, is a generous donor to Orthodox Jewish and Zionist causes.
	www.rense.com /ufo/home.htm (1451 words)

	'HEARST CASTLE' IN HAMPTONS ($100 million vacation home) (Site not responding. Last check: )
		Rennert's and his company's NASD registration was revoked in the early 1960s due to violations of SEC net capital rules is undeniable.
		Rennert in a false light, comparing him to "discredited star analysts and bankers" who have admitted to disseminating false and misleading analyst reports to the public in connection with enhancing their firms' investment banking business.
		Rennert is a sponsor of the Torah Ethics Project of the Orthodox Caucus, which aims to encourage Orthodox Jews to be as rigorous about behaving scrupulously in their business dealings and interpersonal relationships as they are about adhering to rituals.
	www.freerepublic.com /focus/f-news/905475/posts (3387 words)

	NewPalestinianLeadership.
		The IRA leaders refused to consider a peace settlement that did not include a commitment to ira calculator British withdrawal, a retreat of the British Army to barracks and a release of republican prisoners.
		The Roth IRA was born ira calculator on January 1, 1998 as a result of the Taxpayer Relief Act of 1997..
		She ira calculator has performed at the Denver Natural History Museum, and given lecture demos for dance classes at Colorado State University.Get yourself in a situation where people are expecting work out of you, or where you simply force yourself to do a certain ira calculator number of stories every month.
	500183.sessocities.net /ira/calculator.html (2584 words)

	Ira rennert (Site not responding. Last check: )
		Rennert, analyst onetime of the credit that worked more ahead a small equipment of the seam machine, bought lake salt City-based Magnesium Corp. of America in 1989.
		Still improve, in June, to judge convinced Rennert Gerber Robert of the bankruptcy from the United States to the authorization a plan of the reorganization that approves the sale of assets and exempts the company of the successor, the magnesium of the United States, and its main ones of previous the legal responsibility.
		Watch possessions of the Polestar, father of Lexington de Rennert, the producer of the coal of Ky., that in end of 2000 omitted in $150 million notes that it published in 1998 ($28 million of which they went to Rennert).
	ira.shopping112.com /ira-rennert.htm (858 words)

	Brian's Utah Weblog: What is going on between Ira Rennert and Rob Bishop? (Site not responding. Last check: )
		The EPA stepped in at the request of Utah citizens and after years of recalcitrance, Rennert was forced to install pollution controls and pay a fine of $900 million for his violations of the law.
		Rennert shifts the costs of his abuses onto taxpayers and downwind communities and imposes health care costs that we all pay for in insurance premiums.
		Rennert also makes a practice of pressing local government officials to grant special Rennert-only tax breaks so his polluting industries can operate with an advantage over companies that play by the rules.
	www.57wild.com /weblog/archives/000023.html (774 words)

	riverfronttimes.com - News
		See, Rennert operates at the rarefied level of high finance that can flummox an average Joe, even a union leader who has mastered the arcane language of contracts, cost-of-living escalators and pension multipliers.
		Rennert's holding company, the Renco Group Inc., paid about $32.5 million -- $22.5 million of it in cash, according to the trade press -- for the company, which Angleton says was teetering on the brink of bankruptcy.
		There was only one shareholder in Lodestar -- Ira Rennert -- and with the dividend payout and the management fees Renco Group charged, he just about made back what he paid for the company.
	www.riverfronttimes.com /issues/2002-02-20/news/news_1.html (976 words)

	Rennert Redux
		The new Rennert property is a short walk from the Old City in an area of notable nineteenth-century homes, where bougainvillaea cascades over stone walls.
		The Rennert compound, at No. 3, was built in the late nineteenth century as rental properties by the Nashashibi family, a prominent Arab clan.
		Rennert bought the property in 1996 for a rumored 12 million shekels (then valued at $4 million), outbidding a famous Israeli pianist who is said to have offered "$2 million plus a Renoir and a Cezanne." Realtors say it was the highest price paid that year for a Jerusalem home.
	www.newyorkmetro.com /nymetro/realestate/features/1718 (568 words)

	The Vindicator
		Rennert, 69, started building the 42,000-square-foot, $100 million home in the late 1990s, and it is nearly complete, according to his company's Web site, www.rencogroup.net.
		Rennert declined a telephone interview, but his company Web site says the home is called Fairfield and his family expects to move in next year.
		Rennert bought the mill from LTV Steel for $147 million in 1988 and renamed it WCI Steel in 1991.
	www.vindy.com /local_news/303929961461302.php (454 words)

	Ira Rennert: ZoomInfo Business People Information (Site not responding. Last check: )
		Rennert serves as Chairman) and U.S. Magnesium LLC and an interest in a joint venture which controls AM General LLC (the manufacturer of the HUMVEE®,where Mr.
		Rennert also owns indirect controlling interests in Magnesium Corporation of America (Magcorp) and Lodestar Energy, Inc. (Lodestar), both of which are no longer conducting active businesses and for both of which Mr.
		Rennert is not likely to lose the estate, but it is a particularly tempting target because of its personal value to Rennert.
	www.zoominfo.com /directory/Rennert_Ira_49753233.htm (448 words)

	Renco Group to cover employees' pensions - Boston.com
		The deal, first reported by The Associated Press late Wednesday, resolves a tug of war between Rennert and the Pension Benefit Guaranty Corp., which filed suit last month in an attempt to hold Renco responsible for the unfunded pension liabilities.
		Rennert pocketed $930 million two years ago from the sale of A.M. General, which makes the Humvee and Hummer vehicles.
		A WCI spokesman, Tim Roberts, said Friday that the steelmaker is encouraged by the judge's comments on the agreement and expects her to take action on it in a hearing set for March 28.
	www.boston.com /business/articles/2006/03/17/renco_group_to_cover_workers_pensions (617 words)

	Steel Maker's Pension Plan to Continue \| theledger.com
		Rennert's holdings, in an effort to make him keep the plan and pay for the pensions.
		Rennert's house, that were worth more than the amount needed to make the pension fund fully solvent.
		Rennert's $185 million estate in the Hamptons is safe.
	www.theledger.com /apps/pbcs.dll/article?AID=/20060401/ZNYT01/604010405/1001/BUSINESS (1219 words)

	Jewish and Israel News from New York - The Jewish Week (Site not responding. Last check: )
		Rennert is chairman of The Renco Group Inc., a billion-dollar holding company and one of the nation’s top defense department contractors.
		But Rennert is also now making waves in the city with his pledge to build an Orthodox shul at the Jewish center off Fifth Avenue — considered the largest archive of Jewish history and culture in the world.
		But Slovin defended Rennert’s room, and the businessman’s apparent insistence that it be run under Orthodox supervision as a condition for the pledge.
	www.thejewishweek.com /news/newscontent.php3?artid=1316 (848 words)

	Ira Rennert (Site not responding. Last check: )
		Les Fédéraux connaissent Ira Rennert en tant que pollueur qui a récemment penché une pénalité $900 millions.
		Rennert, un analyste ci-devant de crédit qui plus tard a couru un petit équipement de machine à coudre, acheté lac salt Ville-a basé Magnesium Corp. de l'Amérique en 1989.
		Au cours de la dernière année Rennert a acheté en arrière la moitié de dette exceptionnelle pour des $10 millions environ--entre 10 cents et 20 cents sur le dollar.
	ira.shopping112.com /fr/ira-rennert.htm (812 words)

	Bloomberg.com: News & Commentary
		If the government prevails, Rennert, who is also named as a defendant in the complaint, may face civil penalties of as much as $900 million, according to the U.S. Environmental Protection Agency.
		Rennert is chairman of the Fifth Avenue Synagogue, one of New York's most-prestigious houses of worship and the spiritual home of visiting Israeli dignitaries.
		Rennert is affable and compassionate, a generous patron of charities, says Wiesel, 75.
	quote.bloomberg.com /apps/news?pid=nifea&&sid=aX4418tSAFtM (4339 words)

	AgBlog Images :: Hamptons, NY (July 6-8) :: Rennert_Compound_2
		I would love to be IRA for a day would hate to be his housekeeper anyday.
		I grew up with the rennerts son and what is sick is not the size of their home...but the fact that all of you who don't know them can bad mouth them....what is bigger than this home are their hearts..they are wonderful generous people-with impecable morals...are you all green with envy?!
		This message is for Chris, Yes he should spend his money and I did some homework, Ira gives so much to charity, and even if he did not who the hell are you to tell him how to spend his money, its like jelous people get suffocated in other people success, shame on you.
	images.agblog.com /hamptons/Rennert_Compound_2 (1794 words)

	KSL-TV Channel 5 Eyewitness News (Site not responding. Last check: )
		And Rennert's critics in Utah question whether that extravagance is misplaced when his plant in Tooele County needs a major cleanup.
		Rennert's critics say the millionaire has an 'edifice complex.' But Rennert's defenders say those wealthy critics have 'palace envy.' In fact, critics don't really believe it's a house under construction.
		Rennert has, you also have a responsibility and an obligation to reciprocate.
	web.ksl.com /dump/news/cc/mag2.htm (432 words)

	Pension issue pits billionaire vs. socialist newspaper
		Ira Rennert had made news headlines early in February when the PBGC went to court asking that it be appointed as the pension plan’s trustee and be authorized to terminate the plan.
		Rennert also is the major owner of AM General Corp., which makes the gas-guzzling, polluting Hummer for General Motors.
		Billionaires like Rennert may not always win in court, but they know that forcing their opponents to mount a defense in a defamation case can cost them a great deal of money, regardless of the outcome.
	www.workers.org /2006/us/lawsuit-0601 (1128 words)

	Crackers in the News (Site not responding. Last check: )
		Determined to have the last laugh on Ira Rennert, Moore is respecting just barely a restraining order that demands he stay 150 feet away from the mogul who has accused him of harassment.
		Rennert is the multi-millionaire businessman who wants to build the largest personal residence in America on the East End of Long Island.
		Rennert got a restraining order against Moore after charging that the documentary maker harassed his Park Ave.
	www.dogeatdogfilms.com /tv/aw/irarennert.html (278 words)

	Ivy League Torah Study Program (Site not responding. Last check: )
		Ira Rennert, developed the Ivy League Torah Study Program which was named for Mr.
		The program created a framework to reach out to students who specifically needed financial help during the summer months, when they would be free from their regular school year and when they would be free to devote themselves to Jewish studies.
		Ira Rennert, that this program was set up.
	www.iltsp.org /about.asp (981 words)

	Eugene Weixel's Blog: Socialist newspaper dragged to court by Shady Billionaire Ira Rennert
		Renco, a powerful conglomerate owned by multi-billionaire Ira Rennert, had hired an expensive Wall Street law firm to claim that articles published by WW last February were “malicious, false and defamatory.”
		Rennert, owner of Renco, owns a Long Island mansion valued at $185 million, with 29 bedrooms, 39 bathrooms and a 200-car parking garage.
		multi-billionaire Ira Rennert, and when you search his connections with the Jewish community you see one more cause of "anti Semitism" and one more reason why Jews of the current generations are fleeing connections with the organized Jewish community.
	fatoldjewishguywholivesintheprojects.blogspot.com /2006/10/socialist-newspaper-dragged-to-court.html (2133 words)

	Forbes.com - Magazine Article (Site not responding. Last check: )
		At age 68 Rennert is still as lithe as Houdini--financially, anyway.
		Rennert, a onetime credit analyst who later ran a small sewing machine outfit, bought Salt Lake City-based Magnesium Corp. of America in 1989.
		In the last year Rennert has bought back half the outstanding debt for an estimated $10 million--between 10 cents and 20 cents on the dollar.
	www.forbes.com /forbes/2002/0722/044_print.html (670 words)

	riverfronttimes.com - News
		Rennert's political giving crosses the Atlantic -- the Jerusalem Post describes the 67-year-old Brooklyn native as a major financial backer of right-wing Israeli politicians, including former Likud prime minister Benjamin Netanyahu, and Orthodox Jewish causes.
		Rennert, whose New York office didn't return our calls, built his empire quietly -- very quietly, if you happen to be a reader of the Post-Dispatch, which has named the man who controls Doe Run just twice in the past two years.
		Instead, Rennert and his wife, Ingeborg, hit the headlines after their plans to build a 110,000-square-foot residence in the Hamptons on New York's Long Island became public.
	www.riverfronttimes.com /Issues/2002-02-20/news/news_full.html (1703 words)

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