Donald schupak bernie madoff biography

Donald Schupak is a New York business executive, investor, philanthropist, and attorney who is best known for his involvement with the Spirits of St.

Louis during the 1976 ABA-NBA merger. The purchase of the Spirits by the NBA including Schupak's resulting ownership interest was called the best sports deal of the century by Sports Illustrated.^[1][2][3] He has served as chairman, chief executive officer, chief operating officer and strategy consultant for a number of public and private companies, including Horn & Hardart^[4] and IBM.^[5]

Schupak is a founder and senior managing member of SGI MB LLC, a New York City-based merchant bank and registered broker dealer.^[1]

The Spirits of St.

Louis

In June 1976 the American Basketball Association owners agreed, in return for the Spirits of St. Louis ceasing operations, to pay the St. Louis owners (primarily Ozzie and Daniel Silna) $2.2 million in cash u