Author: PandD

What’s Going On with James Dondero and RAIT Financial Trust?

Investment Banking, Investment Tips
There's been a lot of talk lately about interactions between James Dondero and RAIT Financial Trust. Unfortunately, this includes a lot of speculation that is unfounded and unfair. The reason that James Dondero is being associated with RAIT Financial Trust so often these days is because he is the president and co-founder of Highland Capital Management. The Dallas-based alternative investment management firm recently entered into a cooperation agreement with RAIT. The details of this agreement are more closely outlined in the article that is linked on this page. At any rate, the only way to gain a clear understanding of the interactions between RAIT, Highland Capital and James Dondero is by knowing more about the latter in particular.First, though, let's take a closer look at Highland Capit...

George Soros – One of the Most Successful Businessmen and Political Contributors in the United States

Business Leaders, Financial Pro, Philanthropist, Political Games
The political landscape of the United States in the last couple of decades is mostly defined by influential leaders and political contributors and commentators like George Soros. As one of the leading public figures, the comments and opinions of George Soros are of immense importance in creating a public opinion. He is a well-known Democrat and supports the Democratic Party of the United States, and in the recent U.S. Presidential election, George Soros backed Hillary Clinton morally as well as financially. Learn more on discoverthenetworks.org about George Soros. As per an estimate, George Soros provided funds in excess of $30 million directly and through political action committees to support the Clinton campaign. However, George was greatly disappointed when Trump emerged as victorio...

Capital Group Continues to be Strong

Business, CEO
Timothy Armour is the chief executive officer and chairman of the Capital Group and the Capital Research and Management Company and also the chairman of the Capital Group Management Committee. He is an equity portfolio manager with Capital Group. He has amassed more than 34 years of investment experience with The Capital Group. He originally started out with Capital Group as part of The Associates Program. Tim Armour later became an equity investment analyst at Capital, where he covered global communications and American service companies.   Tim Armour was appointed chairman of the Capital Group in 2015. Tim Armour was named chairman following the death of former chairman Jim Rothenberg. In 1994, he was appointed Senior Vice President of The American Funds, which is a branch of ...

Overview of Career Achievements of Jim Tananbaum

Healthcare Sector
Jim Tananbaum was recently interviewed with Ideamensch about his professional and entrepreneurial career. Jim is the founder of Foresite Capital, an investment firm specializing in providing financial services to emerging healthcare companies. Through Foresite Capital’s financial and investment support, several healthcare businesses have grown and expanded their business portfolios. As a result of Jim’s entrepreneurial skills, and his 25 plus years of experience in the healthcare industry, he thought of the idea of founding Foresite Capital. Foresite Capital established itself as a leader in helping emerging healthcare companies with services such as networks, capital and information to help them achieve growth and success. Currently, Foresite Capital has invested in over 70 healthcare

Doctors Need the Right Kind of Data to Treat Cancer Says Eric Lefkofsky

Business, CEO's
While there is no doubt about the fact that doctors need data to successful treat cancer, it is the quality of data that they receive that is critically important. This includes a host of data that not just includes a patient's DNA and RNA make up, but also information about the treatment received by the patient's in the past and their response to it. So the need is to go beyond molecular data and encompass clinical data in including data about therapy and the outcome thereof. There is need to delve into quality data in a manner that one can arrive at the most accurate assessments. Say a group of breast cancer patients taking Herceptin reports that it is effective on 40% of the people and ineffective on the rest. There has to be a reason behind that. Perhaps they have diabetes, or maybe...

Julia Jackson’s Background Information and Career Journey

Business, Wines, Women
Julia Jackson is the daughter of Jess Jackson, an archetype in the wine sector and founder of the paramount Jackson Family Wines. She was born in 1988 and grew up in Sonoma wineries. She developed a passion for wine at a young age, and this was evident as she enjoyed picking and sorting grapes. Jess taught his children the ropes of the business when they were still young. Julia’s Education Background and Career in the Wine Industry Julia Jackson joined Scripps College in 2006 and graduated in 2010 with a Bachelor of Arts in Studio Art. After graduating, Julia’s father saw it fit for her to travel to France and make wine. That was the beginning of her career in the wine industry. Working at the cellar made her appreciate the efforts that the wine crew puts into the work. Julia has

Mike Baur Gives Hope to Aspiring Entrepreneurs through the Swiss Startup Factory

Business, Business Leaders, CEO
Currently, many digital entrepreneurs have excellent business ideas, but they have no one to support them either morally or financially. As such, this has contributed to the fall of numerous startup firms that are started by young entrepreneurs. There is no doubt that these digital entrepreneurs require a lot of support from established investors. Mike Baur is an investor who has dedicated more than 20 years of his life in helping startup businesses in Switzerland while he was working for the Swiss Private banking industry. While working in the bank, Baur realized that a lot of Swiss entrepreneurs with great business ideas had no access to capital and mentorship to establish their ventures. He began funding these startup businesses with his money, and it yielded a lot of returns. The now 3

Working in Full Gear with Jason Halpern

Business Leaders, Real Estate Experts
Jason Halpern is a real estate developer born in 1975. As a young man, Jason has been able to thrive in his career of choice. Although in his first job at JMH Development, Halpern's skills remain unmatched at the company for a person of his age. Since Jason joined JMH Development in 2010, the corporation has invested $500 million in housing projects around New York. Besides, Jason has initiated a project in 184 Kent to have an old warehouse get converted into a huge luxury apartment. Jason has also been instrumental in the development of townhouses in Brooklyn. In his six-year career, Halpern has brought innovation to JMH Development. The company specializes in the construction of residential and commercial buildings around New York. Also, Jason Halpern has found a place in Parametric ...

Jason Halpern – Ensuring JMH Development Leads From The front in the Real Estate Sector

Business Leaders, Real Estate Experts
Jason Halpern is one of the most famous names in the real estate development space of the United States, especially in New York, where he is currently based. Presently, he serves as the Principal of the real-estate development firm named JMH Development that was started by his grandfather. He is the third generation of the business and has continued the legacy the real estate company is known for. JMH Development is known across the New York region for developing high-end luxurious residential as well as commercial projects. Even though the focus of JMH Development is across the New York state, the company is developing many new projects in Miami Beach, Brooklyn, and Manhattan. Jason Halpern has helped the firm in acquiring lucrative plots and properties in various places across the...

Money Market Fund – Bruce Bent’s Expertise

Uncategorized
Money market fund is a mutual fund that is open ended and invests in debt securities that are short-term such as the US treasury bills and commercial papers. Money market funds are considered as safe bank deposits that offer higher yields. They are funds whose regulation is guarded by the Investment Company Act of 1940 and serve as significant source of liquidity to fiscal intermediaries. According to Wikipedia, the purpose of money market funds is to limit exposure to losses, which comes from risks associated with liquidity, market, and credit. The security and exchange commission regulates the money market in the US. Part of the Act controls and regulates the maturity, diversity, and quality of the funds. This Act allows the buying of the debt that is highest rated, which matures in l...