Corey Ribotsky Update

The Leukemia & Lymphoma Society works tirelessly to create ways to raise money for cancer research.  Certainly, every donation that they receive from groups like the NIR Group and individuals like Corey Ribotsky, makes a difference.  Volunteers make a great difference as well.

One of their most creative fundraising efforts is called Chocolate for a Cure.  They sell delicious chocolate bars as a way to make a “sweet” difference in someone’s life who is fighting cancer.  You’ll receive 24 candy bars in each box and you’ll then be able to sell them to raise money to create more cancer research.

It’s hard to find a more inspirational story than this one.  On Sunday, October 17^th, the Nike Women’s Half Marathon will take place in San Francisco, California to raise money for The Leukemia & Lymphoma Society.  The money that is raised for this half marathon will help to stop leukemia, lymphoma, Hodgkin lymphoma and myeloma.

Team Nancy, with sisters Debbie, Barbie, Kathy, Pam, Tam and Tracy, is training for this half marathon in memory of their sister, Nancy Driscoll. Now, the six are training in their home towns and planning to meet up in San Francisco for the big race.

“Losing a sister or anyone to cancer is unacceptable not to mention painful and gut wrenching,” Tam says. “We want to stop cancer from taking more  lives and are taking action with this race. It’s a tough challenge, but having  our sister Nancy’s spirit and memory to fuel our feet and hearts is worth ever  step. We feel like we are making a difference in so many lives.”

This is one example of the many fundraising efforts that the Leukemia & Lymphoma Society puts together to help raise money for cancer research.  Donations from organizations like the NIR Group and Corey Ribotsky certainly help them to meet their goals, as do these amazing stories and efforts by individuals.

Here’s an interesting blog post explaining that investors may be rethinking their lofty expectations for 2011.  As the author explains, “The equity strategy crew at Goldman Sachs chopped their estimates for 2011 calendar year earnings per share to $89 from $93 Monday, citing the decision of Goldman’s research shop to cut its GDP growth estimate for 2011.”

This is certainly news that’s worth keeping track of if you’re a Managing Member of an investment firm like Corey Ribotsky, or just someone who is diligent about investing.

This article from the Wall Street Journal examines why, when stock-market volatility fell recently, the overall market’s implied correlation didn’t fall as one would expect it would.  It’s an interesting analysis and a worthwhile read for investors like Corey Ribotsky, hedge managers and others.

As part of the recent Men’s Division’s Golf & Tennis Charity Classic on June 14, 2010, Sue Schonfeld was honored with the “CMF Lifetime Achievement” Award.  The Steven B. Schonfeld Foundation recently donated $500,000 to the Children’s Medical Fund of New York for important renovations to the Hematology/Oncology Unit at Schneider Children’s Hospital.  The gift was made in honor of Steven’s mother, Sue Schonfeld and a permanent donor plaque will be placed in the new unit.

The Golf & Tennis Charity was a great success, with over $1 million raised this year, as has been raised each year in the past, for the Children’s Medical Fund where Corey Ribotsky is the president.

Pictured here are: Neil Schorr, Sue Schonfeld, Corey Ribotsky and David Blumenfeld.