Unfiltered Political News

February 2, 2015

Investor Rises Through The Ranks – And Gives Back

Dynamics Search Partners (DSP) is a widely respected hedge fund investment contact hub. Moving beyond their role as a investment staffing company, Dynamics Search Partners also can claim one of the largest databases for investment executives in the country. Adding to the business success that DSP has acquired, they are also community-oriented, spending time assisting students from Crown Heights charter high school build their resumes. Co-founder, and current Managing Director, Keith Mann was at that high school event, and contributed to bettering the lives of future leaders in our community. Keith started out at DSP as Manager of the Alternative …continue reading

Investor Rises Through The Ranks – And Gives Back

Dynamics Search Partners (DSP) is a widely respected hedge fund investment contact hub. Moving beyond their role as a investment staffing company, Dynamics Search Partners also can claim one of the largest databases for investment executives in the country. Adding to the business success that DSP has acquired, they are also community-oriented, spending time assisting students from Crown Heights charter high school build their resumes. Co-founder, and current Managing Director, Keith Mann was at that high school event, and contributed to bettering the lives of future leaders in our community.

Keith started out at DSP as Manager of the Alternative Investments Division, and painstakingly moved through the ranks, contributing his extremely intuitive investment sense along the way. Keith is responsible for organizing charity events including raising $8,000 for Hope and Heroes, and raising $10,000 for Uncommon Charter High School in 2013. Uncommon High School college counselor and collegiate prep teacher, Carolynn Laurenza, said of Mr. Mann and his team, “They gave attention and pointers to our seniors and our students were bubbling with enthusiasm both during the workshop and afterwards. Two seniors even said to me, ‘”This is the best thing we’ve done all year.”‘ Many were amazed that they could email DSP their resume revisions throughout the year for more feedback. The students were thrilled!”

Keith Mann is dedicated to improving the world of hedge fund investments,but more importantly, is also focused on educating high school seniors and supporting them in their transition into the business world. He is a shining example of how hard work and business sense can lead to financial success without sacrificing the spirit of giving back to the communities that surround us. He gives hope that business persons entering into the investment field are not only concerned with advancing their own careers, but that there is a place for philanthropy in the investment world, and that thoughtfulness and compassion exist there as well.

North Dakota to be Hit Hard by Falling Gasoline Prices

The US boom in domestic oil & natural gas production is still a fledgling market. As such, it has a high cost of doing business with the majority of shale oil drilling companies requiring a minimum price per barrel of crude at $70 in order to break even. When prices were in the range of $90 to $100 per barrel, the US oil shale sector was thriving with North Dakota leading the way. Now, crude prices are hovering in the range of $44 to $49, and many shale oil companies cannot operate. American consumers are thrilled to enjoy cheap oil, but it is a result of overproduction of oil by Saudi Arabia in a bid to run US shale oil companies out of business.

The low gasoline price woes will also impact the state of North Dakota. Over the next 2.5 years, they are expected to lose $5.5 billion in revenue. A loss of $680 million will occur as a result of extending tax breaks to oil company providers. The legislature had attempted to convert those tax credits into lower marginal tax rates, but failed to pass the legislation. Sergio Anddrade Gutierrez has read that, had they succeeded, the state would be able to fare better. Still, the drop in gasoline prices will result in lower oil sales and lower tax collections which will cost the state another $4.8 billion in lost revenue. The state had been collecting nearly $6 billion a year in tax revenue and now faces a $2.2 billion annual loss of income.

After Two Years on The Run, The Man Who Found the $400 Million Gold Treasure Has Been Arrested

In 1857, the SS Central America, a freighter that travels between Central America and the East Coast and also named as “Ship of Gold,” sank into the Atlantic Ocean with 12 tons of gold on its cargo hold during a hurricane. The said shipwreck was very famous during that time as it contributes to the economic crisis – Panic of 1857.

In 1988, over a century later, Thompson made a history when he discovered the shipwreck and recovered the gold bars and coins worth more than $400 million. However, he has been sued by many of his investors in both state and federal courts, which also include the Columbus Dispatch. His investors claimed they never received a cent from the treasure after Thompson sold almost all of it.

In 2012, an injunction was issued by a federal judge against Thompson and he was ordered to provide the profits and the location of the treasure. Eventually, a warrant of arrest was issued after he failed to show up on a court appearance. Thompson and his girlfriend, Antekeier, were on the run.

While hiding from the authorities, a handyman recognized them when he serviced their home in Florida and reported them to the authorities. After searching their home, the authorities found thousands of dollars in cash hidden in pipes and buried underground. They also found a bank statement with $1 million balance under his known alias name- Harvey Thompson.

Thompson’s business partner told the Associated Press that he never stole money and that most of the money he made from selling the gold, about $50 million, went to legal fees and loans. Currently, the couple is held in Florida and will then be sent over to Ohio for their court proceedings. Sergio Andrade Gutierrez is interested to see how it all turns out.

FreedomPop and Its Free Services

As reported by the Wall Street Journal

FreedomPop is a telecom company that describes its mission as delivering “fast and free mobile services to all Americans.” Headquartered in Los Angeles it was established in July 2011 by Stephen Stokols (CEO) and Steven Sesar (COO). It went public in October 2012, when it began selling its first smartphones. A month later, FreedomPop began offering mobile and wireless internet services.

In April 2013, FreedomPop partnered with Sprint and now provides the company with wireless data voice and text services. It began selling and supporting iPhones that were compatible with Sprint in April 2014. In July 14, FreedomPop began offering free 4G data, text, and voice plans to tablet users. These plans are currently available both to people buying a tablet from FreedomPop and to people who have BYOD (bring your own device) Sprint devices. The main downside is that, so far, FreedomPop sells and operates o only within the United States. 

Partnering with Sprint lets FreedomPop keep its own costs down, since it can use Sprint’s infrastructure, which means that FreedomPop’s subscribers can use their devices anywhere Sprint operates — assuming said devices are compatible with Sprint. FreedomPop also sells smartphones. In 2013, these went $99 to $199 per phone. A customer can get a phone with no contract, 200 minutes that could be used anytime, unlimited texting, and 500 megabytes of 4G data per month — free. Paid plans in 2013 could get a client 2+ gigabytes of data for $18 per month and unlimited calling for $10 a month. By contrast, Verizon in 2013 charged $40 a month for unlimited texting and calling and $60 a month for 2 gigabytes of data. In other words, it was charging $100 for the same services that FreedomPop was offering for $28.

For its next trick, FreedomPop will be adding a new plan that uses 10 million WiFi hotspots. Users will be able to access FreedomPop WiFi from such places as Starbucks and Panera Bread. They will also get unlimited data, voice, and texting for just $5 a month. FreedomPop also plans to sell a WiFi-only phone that will cost around $50. The new plan will be more of a supplement to other services as opposed to a customer’s only plan. Consumers can find FreedomPop Photon hot spots on Amazon or download the FreedomPop app on Google Play or iTunes.

Johnathan Veitch And Occidental College

Previous to Jonathan Veitch taking over as president for Occidental College, the school struggled mightily to maintain any sort of continuity or structure. In fact, between 2009 and 2005, the school saw four different presidents. However, since August 2009, Jonathan Veitch has served as president, helped strengthen the school itself, increase enrollment and also improve the bond between the school and the local community. This is not all a fluke though, as Jonathan has proven successful in previous stops and he is using an assortment of different methods to improve the community and school as a whole.

For starters, Jonathan has been able to jump on the fact that President Obama did study at Occidental College for two years, ranging from 1979 up until 1981. Due to this press, the school has seen a large number of diverse applicants and the student body is one of the most diverse in the state. The school has also weathered the recession rather nicely and it has not seen a major drop off of students. In fact, the school actually increased enrollment when most other universities throughout the country saw a drop.

Now, before Veitch took over as president, the local community looked at Occidental as more of a party college with large housing complexes right off of campus. However, the school has drastically changed in the last decade or so and now this is no longer how the local community sees the school. When he took office, Veitch realized the importance of strengthening the bond between the school and the community itself, which is why at his first meeting with the community in the fall of 2009, he informed the community leaders that he wanted to grow the school moderately and organically. He also wanted to limit the construction of the school beyond what the current grounds were, so it would not deteriorate the value and feel of the community itself.

Veitch also saw the need to improve transportation throughout the school. Previously, it has proven difficult for individuals off of campus to make their way onto campus, so he brought in the commissioner of the New York City Department of Transportation in order to improve the green methods of transportation, including improved bike paths, better pedestrian plaza and sustainable methods for bringing students in and out of campus. This has helped drastically in increase the total number of students who can now attend.

Former Highway Patrol Officer Pleads No Contest To Nude Photos

Sean Harrington, former California highway patrol officer, who sent himself and fellow officers nude photos of women charged with DUI, faced two felony charges when he entered court Tuesday morning with his attorney. The first charge was unauthorized access to a computer, and the second for copying and forwarding computer data. He faced a three year, eight month prison sentence if convicted.

Harrington pleaded no contest, after entering a plea deal, and received a reduced sentence. Instead of serving hard time, under the plea arrangement Harrington’s punishment will be a three year felony probation period, and a suspended 180 day sentence. Although Harrington, under the deal, receives no jail time, he will be a convicted felon for the rest of his life, and his law enforcement career is over.

Harrington is married, a father of two, and resigned from his position as a highway patrol officer with the California Police Department after being charged by prosecutors. Prosecution occurred after prosecutors learned Harrington took photos of two women with their phones and forwarded their pictures to his personal cell phone after one of the women filed a complaint. He then proceeded to send the photos of the women to fellow colleagues.

From what Fersen Lambranho Bloomberg.com) has read, while Harrington and his attorney Michael Rains say Harrington has taken responsibility for his actions, Rick Madsen, attorney representing the women, said one of the women is contemplating further action against Harrington. In the meantime Harrington must attend violence prevention courses, and is due back in court in March.

Brazil’s Financial Expert, Igor Cornelsen

Igor Cornelsen is a Brazilian Investment Adviser and the owner of Bainbridge Investments. His job, and main goal in the financial world, is to help investors succeed long term with their investments. His advice is well known and well respected in the financial world, both in and out of Brazil.

He’s active in Brazil, which boasts one of the top ten economies on Earth. A major reason for this is its food production, one of the largest in the world. Brazil has been on the world stage a lot recently, and will continue to be there. They just hosted the World Cup for soccer, and in 2016 they’ll be hosting the Summer Olympics. So Igor Cornelsen’s knowledgeable financial advice will be helpful to those wanting to get in on investing in the economy of a country with over two hundred million people in it.

One of the most important pieces of advice Cornelsen offers is to network with native Brazilians. He says they tend to be friendly and happy to offer advice to outsiders, something people should definitely take advantage of. He also advises investors to pay attention to China’s economy, since the two countries economic well-being tends to be linked.

A final piece of important advice from Igor Cornelsen is to change how you look at investing entirely. Many people think they’re going to invest a bunch of money in one hot company and make a ton of money right away. This generally isn’t realistic. A better approach is more patient and diverse, relying on many small investments over a longer period of time.

When investors are patience, according to Cornelsen, they can yield returns of several hundred percent. They just need to be patient and look at what they’re doing over the long term.

Brazil is a key economy for investors, and Igor Cornelsen is one of the top local players in this market. As such, it is wise for all investors to pay attention to his advice. By doing so they increase their chances of making real money over the long term. Happy investing!

Jared Haftel Is The Man With A Plan

There are few people who can say that they went through four years of Duke University. However, this is what Jared Haftel did when he went to the school from the years of 2005 through 2009. This gave him the time to get three Bachelor’s degrees. He had managed to do all of this in the time that it takes most people to earn just one degree. However, he managed to get a degree in Mathematics, Science, and Economics. This would suit him well in the work world.

Jared found a summer internship for himself in Credit Suisse in 2008. This was a great and transformative experience for him. He was able to pick up many skills and very valuable experience while he was at the bank. He was able to use this experience of tracking commodities while at the internship to learn more about how this world worked and how to do well within it.

Now, Jared has been able to parlay his internship into a full time position with Bank of America as an investment banker. He has used the skills that he gained while at Credit Suisse in order to learn more about what he would be doing at Bank of America.

People who are this driven are often able to work their way up into the corporate world with ease. He found that having the various degrees as well as the experience of the internship made it possible for him to work for just about anyone.

Jared accredits a lot of what he was able to accomplish as a result of his resume and the things that he accomplished in life. As a matter of fact, he feels that the work experience is the kind of thing that really counts in today’s hiring world. He doesn’t really believe that putting accomplishments from college or even high school are as important to potential employers as the work experience is.

There are a lot of reasons to put information about your college degrees in the resume, particularly if you have several of them like Jared does. However, there is no reason to put too much information about clubs, groups, or community service done while in college. These are all great things that should be done for their own sake, but they are simply not as important to the resume or landing high powered jobs according to Jared. Since he is the one who has made this much progress, it is wise to take the advice that he has to offer on the situation.

Professor Mark Ahn Shares His Leadership Wisdom

Professor Mark Ahn, a prominent business and ethics consultant in the dynamic sphere of biotech, recently shared his views about leadership. He drew upon his extensive experiences in the pharmaceutical industry and the academic realm in highlighting a few short, insightful modern leadership trends.

How can people develop exceptional leadership skills? Professor Ahn suggests they must focus on several seminal points. As an adjunct professor and entrepreneur, he distilled several enduring principles that inspire leading institutions today into five guidelines.

First, his advice includes studying and following in the footsteps of proven role models, the people who already display the qualities of effective leadership everyone in a particular field seeks to emulate. Second, he extols the importance of maintaining integrity, since a lack of that particular attribute has resulted in disaster for many once highly respected institutions. Third, Professor Ahn commends the importance of displaying good judgment in one’s career, a quality he views as incorporating strong character and bravery with a lack of rigidity in action. Fourth, his analysis points to the paramount importance of exemplifying leadership; don’t just verbalize certain qualities, he indicates, actually practice them. Fifth, Professor Ahn reminds everyone that humility still plays a role in modern society. Without that virtue, a leader cannot genuinely empathize with customers and employees.

In summing up his observations, he remarked that effective leadership does not arise in his opinion as an innate talent. Rather, he views the process of leadership as one in which a person develops important skill sets through practice and hard work. His optimistic assessment gives rise to the hope than anyone with sufficient determination and resolve can become a better leader.

Professor Ahn offered his recent comments in an article carried in PR Newswire.

If You Don’t Payback Students Loans In Two States You Lose Your Driver’s License

Montana And Iowa Are Tough On Student Loan Offenders

Most people think the student loan system is broken. How can the United States expect to stay on top of the world when the U.S. educational system has so many holes in it. One of those holes is how money is loaned to students and how that money is repaid. Most graduates have more debt than they can back in a reasonable amount of time. And to add to the stress, states like Iowa and Montana will revoke a person’s driver’s license if they fall behind on loan payments.

It doesn’t take a genius to figure out that kind of law has some serious consequences attached to it. Laws like this one perpetuate an already difficult financial situation. But, The Montana Department of Justice is serious when they say student loans defaulters face “indefinite driver suspension until student loan association notifies Motor Vehicle Division of compliance.”

The Department of Motor Vehicles in Iowa has almost the same legislation in place. Iowa law says that the State will suspend a person’s driver’s license when they receive a certificate of noncompliance from the College Student Aid Commission regarding default on an obligation to pay back student loans. Fersen Lambranho understands that every student with loans wants to pay, but at times, life gets in the way.

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