The Investment Banking Risks Taken by Martin Lustgarten

Investment banking is one of the primary drivers of the United States and global economies. There are thousands of investment banks across the globe that assist governments, individuals and companies with raising financial capital or issuing securities. In many instances, investment banks are involved in mergers and acquisitions to offer ancillary services like equity securities, market making, derivative trading and fixed income instruments, currencies and commodities.

Investment Banking Lines of Business
There are two primary lines of business within investment banking: sell side and buy side. Sell side is comprised of trading securities for other securities or cash. The buy side encompasses advice to corporations, governments and individuals who purchase investment services such as mutual funds, private equity funds, hedge funds and unit trusts.
Investment banks are often also split into public and private functions with a wall separating the two business entities to prevent the crossing of information. The public areas manage stock analysis and public information. The private side manages private insider information that cannot be disclosed publicly. All investment banking advisors must be licensed broker-dealers and are subject to the Financial Industry Regulatory Authority (FINRA) and U.S. Securities and Exchange Commission (SEC) regulations.
Martin Lustgarten
Based out of Miami, Florida, Martin Lustgarten is a locally successful businessman who maintains dual-citizenship in Austria and Venezuela. Since 2007, Miami investigators had been keeping tabs on Lustgarten, slowly collecting evidence that he had been laundering multi-millions of dollars for drug traffickers and paramilitary groups in Colombia and Mexico. After eight years of tracking and gathering evidence, Lustgarten was arrested following a grand jury indictment. He was charged with conspiracy to commit money laundering, conspiracy to obstruct an official proceeding and obstruction of an official proceeding. This case exposed the drug money nexus between Venezuela and Miami that is rampant in South Florida.
However, nine months later, the case unraveled and prosecutors dismissed all charges against Martin Lustgarten. This turned out to be a striking setback for United States government efforts to reprimand those who profit from narcotics. Lustgarten operated companies in locations around the world, including Hong Kong, Singapore and Panama. These successful firms approved purchase-order financing and capital loans to Venezuelan firms involved in the international trade. The companies would exchange American currency on the black market for Venezuelan Bolivars at a much higher rate than normal. Through deals with these companies, Venezuelan importers would then have access to American currency to pay for consumer goods being imported into the country. Check out Marin Lustgarten’s Tumblr page for interesting photos and updates.

Human Rights Foundation in Turkey

The Human Rights Foundation is a nonprofit organization aimed at protecting the rights of all persons in the whole world. Normally, the foundation focuses on closed societies, but it has its own advocates with the likes of George Ayiettey, Palden Gyatso, and Harry Wu. The Human Rights Foundation was founded by the popular human rights advocate and film producer Thor Halvorssen back in 2005. It has since then been on the lookout for people, government, and media who violate other people’s rights and have been bringing them into the limelight to condemn their violation actions.

The Human Rights Foundation is currently working on a case in Turkey of two journalists namely Dundar and Gur who are behind bars and at a serious risk of spending the rest of their lives in jail. The cause of the arrest was because they brought to the concern matters that were interesting to the public of scrutiny related to the acts being done by the government of Turkey. The foundation condemns authoritarianism in Turkey that the government is exercising denying the two journalists the rights to work freely without being interrogated. Thor Halvorssen asked that order is placed by Erdogan for the two to be released and charges against them dropped. The two were charged with deliberately supporting a terrorist group which amounts to 30 years incarceration.

Thor has been a great voice of human rights for many persons in the world. He understands all issues about respect and protection of human rights his father had been arrested and falsely imprisoned in 1993 while his mother was killed by members of the Venezuelan government in a peaceful public gathering. His father was an ambassador while his mother was a child psychologist. He also had a cousin imprisoned due to political reasons. For a long time, Thor has been advocating for human rights and even organizing for activities against apartheid policy in South Africa while in London.

His activities have been revolving fighting for human rights through foundations like Oslo Freedom Forum, On Own Feet, The Centipede children, and HRF. He is dedicated to enhancing tolerance and promoting democracy in Latin America, and his initiative started since when he was an adolescent. Through the leadership of Thor, Human Rights Foundation has rescued prisoners falsely accused, gave some evidence to Truth Commission and stood for major human rights cases. According to Forbes, Thor is also a writer and has a published book on human rights. The rights of a human being are above the government and other top bodies, and it is right if they are not ignored or violated. Thor has shown the true picture of a person who understand the need for democracy for all.

Coriant: The Distinct Network Services Provider

Coriant is an international telecommunications company that provides distinct network services to network operators, such as mobile and fixed network operators; cloud and data center providers; utility companies; financial institutions; government agencies. The company’s headquarters are based in Naperville, USA, and Munich, Germany.

Sycamore Networks, Nokia Siemens Optical Networks and Tellabs partnered in March 2013 to launch Coriant. The company eventually became independent of its parent company, Nokia Siemens Networks, after it was bought by Marlin Equity Partners.

Due to increased complexity in cloud, video and mobile applications, the company ensures that it provides high quality hardware and software, such as integrated optical planning solutions, optical transport solutions, access to optical LAN and broadband and cross-connect solutions. Edge routing solutions and intelligent network management are other services that the telecom company provides. The company also develops and manages hiT 70XX MSPP/Transport platforms for network operators. Coriant currently employs 3000 individuals and serves about 500 clients in at least 100 countries.

The Chief Executive Officer of Coriant is Shaygan Kheradpir. The business and technology executive, who also serves the chairman of the company’s board, holds a bachelor’s, master’s and Ph.D in Electrical Engineering from Cornell University. Shaygan Kheradpir was born on December 19, 1960 and bred in Iran before moving to the United States for studies.

Shaygan first worked as Chief Information Officer at GTE Corporation. In 2000, the experienced business leader was named president of Verizon’s e-business division after GTE partnered with Bell Atlantic to form Verizon Communications. Later, he became the company’s Chief Technology Officer. Working with a team of about 7,000 individuals, Shaygan improved the company’s product range, developed Verizon’ FiOS and created iobi, an application that uses the internet to provide and manage telephone services. He later held executive positions at Barclays and Juniper Networks before taking over from Pat DiPietro, Coriant’s current vice-chairman, on September 28, 2013 as Coriant’s CEO. Shaygan, who is a member of the Cornell University Engineering Council, previously sat on the advisory boards of the U.S. National Insititute of Standards Technology (NIST) and YMCA of Greater New York.

Check out Shaygan Kheradpir on Twitter and Facebook

Helane Morrison is Changing the Corporate World

Sometimes it takes a crisis to expose the cream of the crop, and this statement is probably most true in the world of finances. With the 2008 global financial crisis we all witnessed the collapse of large financial institutions, the bursting of the housing market bubble that resulted in foreclosures, evictions and eventually long term unemployment. After the smoke cleared, the dregs that settled to the bottom of the barrel revealed high risk mortgage related financial products supported by Wall Street overindulgence and shady brokerage dealings. It is these exact scenarios that Helane Morrison has worked tirelessly to uncover, not only in the financial business climate, but in her personal ethical standards that remain unwavering in all aspects of her life.

Operating as a prime motivator of change has been a resolute mission of Morrison. In the financial services industry, she is leading by example, demonstrating that woman are every bit as capable of solid upper management decision making and leadership as their male counterparts. Breaking the glass ceiling of the financial institution’s boy’s club takes courage, determination and superlative industry expertise. Perhaps her past position as the Regional Director of the San Francisco office of the Securities and Exchange Commission (SEC) helped galvanize her strong ethical resolutions, as she promoted an aggressive agenda to strengthen and enforce regulatory compliance during a time where corporations where making false audit claims and destroying documents. 

 

Helane Morrison currently wears many hats at Hall Capital, a San Francisco based portfolio management and financial advisory firm. As General Counsel, Chief Compliance Officer and Managing Director, she has broken through the glass ceiling in a profession where executive level seats were generally reserved for men. Yet her qualifications are indisputable. After receiving her B.S. in journalism from Northwestern University, Ms. Morrison went on to earn her Juris Doctorate degree from the University of California at Berkeley. 

While regaining the faith that the public had lost in banks and corporations from the early 2000’s has been a monumental undertaking from the government to Wall Street and each and every corporate team that was shaken by the resulting recession of that era, it often comes down to individual acts of integrity and unrelenting determination to maintaining ethical standards. Helane realizes their are no guarantees in the world of finance, she believes that industry watchdogs are an important part of the process to ensure both sides of the investment deal are acting in accordance with trading regulations and security laws.

Learn more about Helane’s astounding career and life by visiting the following link >> http://www.bloomberg.com/research/stocks/private/person.asp?personId=38982933&privcapId=1746886&previousCapId=1746886&previousTitle=Hall%20Capital%20Partners%20LLC

The Political Influence of Charles Koch

The Koch brothers are notorious for their influence in the both the economy as well as in politics. The Koch brothers are strong advocates of the free market and are supporters of economic policies that are neo-liberal. Their perception of the economy is that the less government intervention there are through subsidies, price flooring, and price ceilings, the more stable the economy would be. With that said, Charles Koch’s involvement with politics have been most noted with the past few elections and their attempts to fund the best candidate who would spread their beliefs.

The funding of a candidate on behalf of the Koch brothers can be observed in the 2012 election when the Koch brothers funded businessman, Mitt Romney as their first choice to be President. The Koch brothers funded the Mitt Romney campaign with a substantial amount of over $400 million. Though Mitt Romney did not win the election, the Koch brothers are now prepared to support a new candidate for the 2016 election with over $900 million raised through investors.

The only road block in the way of funding a new candidate is Donald Trump who is a self-funded Republican businessman. The Koch brothers are against Donald Trump due to his politics of taxes, foreign policy, as well as trade. The Koch brothers are firmly against the fact that a Muslim in the United States would have to register as a Muslim. In the Koch brothers’ eyes, this is completely against the ideology of freedom within the United States.

In order to run against Donald Trump, the Koch brothers and their supporters are now attacking Donald Trumps’ bankruptcy as well as his unorthodox business deals. They are trying to demonstrate to the public that Donald Trump would only run the government in a similar manner that he is currently running his own businesses. Though Donald Trump has been becoming a popular candidate, the Koch brothers are determined to discredit both him as well as his policies that he would enact as president.

Charles Koch is co-owner of the Koch Industries and has had a strong influence in politics for multiple reasons. The first reason is that he wants to expand the family business as well as the family’s influence. The second reason is that Charles Koch wants to spread to idea of a free market. His idea of a perfect society is to have an economy with absolutely no government intervention.

Check out the entire VanityFair article here.

Sam Tabar And His Success Both In Law And In Business

Sam Tabar is a prominent name due to his long and successful career as an attorney and a capital strategist. He bases his work mostly in New York City and is one of the best attorneys in the city especially when it comes to investment legislation. He is also a capital strategist who combines this skills with his law knowledge to be the best in his work. He is currently an investor and a major shareholder at Thinx and Verboten.

In March 2014, Sam Tabar quit his job at Schulte Roth & Zabel LLP to concentrate on his personal affairs. Sam Tabar had just joined the law firm in September 2013 as Senior Associate, who was tasked to deal with hedge funds. Here at Schulte Roth & Zabel, his duties and responsibilities included providing legal counsel about the procedure for hedge fund formation and its structure, the technicalities in investment management agreements, how a good private placement memoranda should be like, side letters, resources and employment issues, and the legal regulations and compliance issues set by the government.

As a newbie, Sam Tabar got a job in one of the world’s best and prestigious law, Skadden, Arps, Slater, Meagher & Flom LLP, where he worked as an associate in 2001. At this time, he had just completed his studies the same year. From Skadden, he joined the business development and capital strategy sector which brought a new glow to his career. In this sector, he prospered to work in some of the biggest position in the most notable organizations and multinationals.

In this new sector, he joined SPARX Group Co./PMA Investment Advisors, as a Managing Director & Co-Head of Business Development. In this position, he was tasked with managing a $2 billion hedge fund and bring new investors on board to partner with the company. He also came up with strategic marketing plans for his firm that was successful in bringing institutional investors, large family offices, and ultra-high-net-worth clients globally to the SPARX side. He enabled the firm to acquire over $1.2 billion worth in assets.

From SPARX, Sam Tabar joined Bank of America Merrill Lynch as the Director and Head of Capital Strategy for the Asia-Pacific Region. His new job made him responsible for the hedge fund clients to whom he offered both financial and legal counsel. He was also mandated with bringing institutional investors, foundations, pensions and large family offices to the bank as their new clients.

About.me indicates that Sam Tabar attended the Oxford University where he got his honors and later joined Columbia Law School to pursue his law studies. At the Columbia Law School, he served as Associate Editor of the Columbia Business Law Review, a law journal from the institution. Among Sam Tabar’s hobbies are hosting events and traveling, as well as posting pictures to Instagram. If you want to know more about Sam Tabar as a person check out GoFundMe, where he does what he can to help the people in Africa.

Dental Help Is Mobile, Gofundme Campaign Is Collecting

Wisdom teeth do not mean the person is smart. Everyone has the potential to cut four wisdom teeth. Some people have space for these teeth and other times the people have teeth are too close to the jaw bone to cut. The way to figure out if the teeth need to be cut out is by having x-rays. These x-rays could be free to low-income people if the Gofundme campaign were to go well. The 2010 co-founder of the Healthy Heart Sleep business is Avi Weisfogel. He got his start in 1999 when he opened up the Old Bridge Dental Clinic. After graduating from New York College Of Dentistry, he had more than one degree. His first degrees gave him the ability to complete the dental part of college and go on to become a Dentist. He earned himself a degree in psychology and a degree in biology from Rutgers.

Dental professional, Avi Weisfogel, also owns Dental Sleep Masters. He is really busy giving lectures and seminars to instruct people on Sleep Apnea and other sleep disorders. He wins awards all of the time and has the knowledge to provide dental coaching. Avi Weisfogel has his hands in a lot of projects. He is busy working with Operation Smile and trying to get people to donate money to help low-income people to be able to get the dental help needed. The mobile units will perform x-rays and exams as needed.

Operation Smile is a non-profit business that provides dental care for people that are low income and homeless. They travel around the city looking for people that may need the dental care that is offered by the mobile dental unit. Volunteers man the mobile unit daily. Dental professionals provide x-rays, cleanings, dental fillings, and teeth pulling. These basic dental procedures may help people to have less pain and sickness. Professionals also help with sleep issues and provide teaching when they can. Sleep studies are necessary to understand how bad the sleep apnea may be but a good dentist like Avi Weisfogel will be able to tell if the teeth are affecting sleep or not.

Check out the press release and learn more about the good dentist: http://www.pr.com/press-release/653683. Reading this press release may give you a good understanding of the good dentist and his cause.

Recipient of Keith Mann Scholarship Announcement Scheduled for the End of March 2016

Graduating senior students attending Uncommon Schools in Brooklyn, New York have the opportunity to submit applications for the 2016 Keith and Keely Mann Scholarship Award in the amount of $5,000. The deadline for accepting applications is February 29, 2016. An announcement of the winning student is expected by March 31, 2016. Each year one student from an Uncommon Charter High School will receive a scholarship from the fund, created by Co-Founder of Dynamics Search Partners, Keith Mann. The fund was original announced in a Business Wire press release on January 25th of this year.

Non-profit charter management organization, Uncommon Schools and Keith Mann partnered together to create this opportunity for high school students in Brooklyn. The Keith and Keely Mann Scholarship Fund is designed to give students from low income families financial assistance with college tuition. Mann’s inspiration to help high school seniors began in 2013 when Dynamics Search Partners teamed with the organization and offered two resume building workshops at one of the Brooklyn charter high schools. Members from Dynamics held the workshops that helped students build their resumes to enter college during that year. Uncommon Charter Schools Organization received contributions of $10,000 in 2013 and an additional $22,000 in 2015 from Dynamics Search Partners to support quality education in Brooklyn.
Keith Mann is Co-Founder, Managing Director and Vice President of Dynamics Search Partners, an executive staffing firm located in New York, N.Y. Mann founded the firm in 2001 and has years of experience in hedge funds, investment management, and professional search services. Keith Mann works with major equity firms and places qualified investment executives with some of the top hedge funds. Search services are offered to hedge funds, investment managers, and professionals seeking employment.
Dynamics staffing firm works with clients in Asia, Europe, and United States. The firm is also active in the Brooklyn charter educational system. 2016 high school graduates with dreams of attending college have time to submit applications for eligibility to receive a $5,000 Keith and Keely Mann Scholarship. Applications must be received by the end of February.

A “Handy” tool to have?

According to the numbers, people seem to think so. The internet based company, launched 2 years ago, recently reached the million dollar mark in weekly appointments. With the introduction of a new mobile app, it seems that consumers are catching on quickly.

With around 100,000 bookings every month, 80% of which are returning customers, it’s not hard to imagine the potential. Handy is meeting an ever increasing demand consumers have, to find skilled, reliable and trustworthy service professionals. Having a company that takes all of the guess work out of finding just the right person for the job, can take the stress and uncertainty out of the equation, when you need work done in your home. The Handy vetting process is extremely thorough and on a national level, insuring the integrity of the individuals they send into your home. Handy offers housekeeping and handyman services, with the bulk of their revenue coming from cleaning services. Currently available in 25 cities in the U.S., 2 in Canada and one in London, Handy has more than 5,000 service professionals to meet consumer needs. Handy is currently leading the pack matching up consumers with thoroughly screened independent, skilled and experienced professionals. The booking process, secured payment, including a 100% money back guarantee, takes less than a minute. Handy is proving to be just that, providing an easy, convenient way for consumers to meet their own specific needs.

Founders, Oisin Hanrahan and Umang Dua met while attending Harvard Business School.“We think the Handy platform will be a remote control for your home. We want to get to a place where we’ll roll out all of those service categories in an instant book kind of way” says Oisin Hanrahan, CEO. “Cleaning is the beachhead into the home and we want to deliver all of those services,” he said. “We think this is like an Amazon for home services play.” The need they are fulfilling, indeed makes them a Handy company to have on file.

Highland Capital Management: More Success For James Dondero

James Dondero is helping his fund reach significant success. Jim founded the firm in 1993 and for more than 20 years he has been growing it and leading it with his unique principles. Probably because of his experience from both the employee and managerial standpoint, Jim Dondero has been able to create a fund that pleases both the more than 100 employees at Highland Capital Management and the many investors. He bases his philosophy on 3 principles. The first principle is being bold. The way that the fund stays bold is by advocating for their investors and creating solutions for the investors rather than the products and services that they provide. The second principle is discipline, which the fund employs by using a system of checks and balances that helps them to avoid risks and volatility. The third principle is experience.

Jim Dondero got plenty of experience before starting Highland Capital. He worked for American Express, a DIC subsidiary of Protective Life and Morgan Guaranty training program. At these companies he served in several different capacities. Over the course of his career, James Dondero has gotten certified as a Chartered Financial Analyst, a Certified Management Accountant and a Certified Public Accountant. He also serves on the board on organizations like NexBank, American Banknote, MGM Studios, Cornerstone Healthcare and CCS Medical.

The online newspaper found out the top positions that the fund gained and the top positions that the fund sold out completely. The top 10 stocks were Illumina Inc, Anacor Pharmaceuticals Inc, Vulcan Matls Co, Extra Space Storage Inc, Jarden Corp, Intra Cellular Therapies Inc, Danaher Corp Del, Eagle Pharmaceuticals Inc, Amazon Com Inc and Spdr S&P 500 Etf Tr. The top 10 stocks that the company sold out completely were Abbot Labs, Humana Inc, American Rlty Cap Pptys Inc, Quest Diagnostics Inc, Disney Walt Co, Laboratory Corp Amer Hldgs, Envision Healthcare Hldgs In, Mckesson Corp, Nexpoint Cr Strategies, Spdr Series Trust. The fund also changed their portfolio placement in a variety of sectors, including health care.

If you would like to read the entire article, please go here: http://www.octafinance.com/highland-capital-management-top-10-holdings-in-q3-2015/352793/