Author Archives: MoGirl

James Dondero, Highland Capital Management and RAIT Financial Trust

If you follow the world of finance and investing at all, you have probably been hearing a lot about James Dondero. The co-founder and president of Dallas-based Highland Capital Management, he and his alternative asset firm recently reached a cooperation agreement with RAIT Financial Trust, a real estate investment trust, or REIT, that specializes in providing direct financing to owners of commercial real estate, or CRE. This came about after Highland Capital disclosed its holdings back in November. Under the terms of the agreement, following RAIT’s 2017 Annual Meeting of Shareholders, a new trustee that has been recommended by Highland Capital will be appointed to the Board of Trustees.Highland Capital Management is a $15 billion alternative asset firm and hedge fund based in Dallas, Texas. The firm employs more than 100 people and was founded by James Dondero and Mark Okada in 1993. Highland Capital primarily focuses on complicated debt deals, turnarounds and emerging trends. As of November of 2016, Highland Capital owned almost 5.3 million shares in RAIT Financial Trust, which is equivalent to about 5.9 percent of the trust’s outstanding common shares. This was disclosed to the Securities and Exchange Commission. Through the cooperation agreement, RAIT will retain its desired trustees but will approve the appointment of two new trustees that have been recommended by Highland Capital.

One reason that this story is getting so much attention is because it involves James Dondero. The well-known and highly regarded portfolio manager has enjoyed one of the most illustrious investing careers in recent memory. Born in Hoboken, New Jersey, he attended the University of Virginia, where he focused his studies on finance and accounting. When he was young, Dondero thought that he wanted a career in real estate investing. Barely five years out of college, however, he was managing more than $1 billion in fixed assets for American Express, and his career in investing was well under way.Of course, Dondero’s involvement with Highland Capital and American Express is just the tip of the iceberg. He has accomplished many notable things during his more than 30 years in the credit market. One of the original pioneers of Collateralized Loan Obligations, or CLOs, he also served as Chief Investment Officer for GIC, a subsidiary of Protective Life. In that role, he grew the organization from a startup to a company that was worth more than $2 billion–and all of that occurred in the space of just five years.

At the time of Highland Capital’s disclosure to the SEC, 115 investors were reported to own shares in RAIT Financial Trust. RAIT is a real estate investment trust, or REIT, that provides direct loans to owners of commercial real estate, or CRE, around the United States. Around 25 percent of Highland Capital’s portfolio is in the finance sector, so it makes sense that James Dondero and his firm would be interested in RAIT. RAIT is innovative in many ways. Most notably, they offer a full-service lending platform for CRE through the internet.James Dondero isn’t just the president and co-founder of Highland Capital Management. He is actively involved with many other corporations and organizations. Today, he serves as Chairman of the Board for Cornerstone Healthcare, CCS Medical Corporation and NexBank. He is also on the Boards of Directors of MGM Studios and American Banknote.

Dondero is a Certified Management Accountant, or CMA. He has also credentialed to use the Chartered Financial Analyst, or CFA, designation. The ambitious portfolio manager is regarded as a leader in the industry, and he regularly assists aspiring portfolio managers and others with their careers.Once the Annual Meeting of Shareholders for RAIT Financial Trust occurs, more information about their agreement with Highland Capital Management will be available. In the meantime, it will be interesting to see how everything gets organized and falls into place. As a part of the agreement, Highland Capital and James Dondero have agreed to vote their shares in support of electing a slate of trustees that have been recommended by RAIT to the board. In this way, both parties are gaining a lot out of the agreement. Dondero is particularly excited about collaborating with the real estate investment trust and believes that Highland Capital will benefit enormously.

 

Anthony Petrello, the Gas and Oil Boss

Career and Education

From a young age, Antony Petrello was gifted, especially in mathematics. He made a name for himself and excelled in this area. He holds a Master of Science and a Bachelor of Science degree in Mathematics from Yale University. From Harvard School of Law, he acquired a Juris Doctor degree.With his law degree combined with math and numbers background, he joined Baker and McKenzie law firm in 1979, where he started his professional career. From 1986, he worked with the law firm for five years at their office based in New York as a Managing Partner. From October 2011, Petrello has been working as the Chief Executive Officer (CEO) at Nabors Industries Ltd. From 1991 to October 2011, his work was to oversee ongoing business operations within the Nabors Industries Ltd.

Petrello, also known as Tony on the executive roster of the company, has served many positions throughout Nabors Industries Ltd:

-Since June 2012, he got appointed as Board Member of the company, and his position was a Chairman.

-Since 2003 until June 2012, he worked for the company as a vice-chairman

-He has been a Director of Nabors Industries Ltd. since 1991.

From February 28, 2011, Tony also worked at MediaOnDemand.com as a Director. He served at Stewart & StevensonLLC. as Director, and at Texas Children’s Hospital Inc., he serves as a Director.

Nabors Industries Ltd.

Nabors Industries started as Anglo Energy, Ltd. in 1968. The company is largest natural gas drilling and geothermal contractor in the world. It operates in the Middle East, Africa, Far East and the United States.In North America, the company provides offshore drilling rig servicing, offshore rigs for oil platform workover and performs onshore well-servicing. The company provides support services for onshore and offshore well-servicing operations and oil drilling. For offshore operations, the company has 29 marine vessels of a charter fleet.Due to the changes made by Nabors Industries Ltd. in their compensation practices, designed to turn some money back to shareholders, Tony didn’t top the 2014 list of best-paid bosses.

George Soros Biography and Leadership Skills

George Soros was born in 1930 August 12 in Budapest, Hungary. He was born n a Jewish family, and in his early life, he experienced firsthand intolerance at the Nazi occupation n 1944-5 which lead to the murder of about 500,000 Jewish people. Somehow, his family was able to escape the victimization by securing false identification papers, therefore canceling their entire background. Soros, therefore, started experiencing his philanthropic calling, when his family helped several other families to save lives by securing false documents.

In 1947, Soros moved to London to study at the London school of economics. Since he did not have enough money to support his studies, he would work as a part-time railway porter and nightclub waiter. After his successful research, he migrated to the United States in 1956 and entered into the world of investments and finance, as his starting point to make a fortune.

Read more: https://www.project-syndicate.org/columnist/george-soros

Through his innovative and creative mind, George launched his hedge fund and named it Soros Fund Management, which leads him to become the most successful investor in the United States history. Through these efforts, he was able to create an open society foundation, which is a network of partners, projects, and organizations in over 100 countries. Through the open society foundation, Soros has been able to give about $12 billion in his philanthropic experience.

After founding the foundation, in 1984, Soros started to influence the lives of many by entering in the education world and bringing hope again to the fainting hearts. His philanthropic activities involved independent media, education, justice, business development and public health. Soros interest is in around person and therefore anything that requires a human nature and development, you will find his hand in there for assistance. Read more at The New York Times about George.

His foundation works in close collaboration with regions that are affected by the natural disaster as well as establishing the after school programs to ensure that everyone gets equal rights and opportunities to succeed. Soros has also been on the forefront in the war against drugs across the United States. Soros has also been very vocal on the issues of extent criminalization and has also been very useful in the recent 1992 UK crisis.

George Soros is a proficient author who has written several titles on the financial market issues and also his humanitarian projects. Through his career, George has educated several black kids and ensured they have a living in the ever developing and growing market. In the year 2015 at the age of 85 years, Soros was named as one of the leanings and richest men in the world with a net worth of about $26 billion. His efforts in supporting the human nature have led him to become the most vocal person around the globe. Know more on cnbc.com about George Soros.

Hussain Sajwani: His Dedication, Desire, and Determination

As the eldest son of a family of five, Hussain Sajwani knew he would become a businessman when he grow up. His entrepreneurial and business spirit developed in his father’s watch shop in Dubai at the age of three.In 1981, young, energetic, and enthusiastic Hussain Sajwani earned his Bachelor of Science degree in industrial engineering and Economics from the University of Washington.

After graduating, he started his business venture. His career kicked off at GASCO, a subsidiary of Abu Dhabi National Oil Enterprise. In 1982, Hussain Sajwani decided to be his own boss and ventured into a catering business managing over 20 projects and serving meals in the regions of Middle East, CIS, and Africa among other markets.

As one of the forerunners in market development, Sajwani built a number of hotels which provided accommodations to the growing population of trade and business personnel in Dubai. In 2002, Hussain Sajwani took advantage of a decree by the Dubai government which allowed non-nationals of Dubai to own properties in the Emirates. He saw a market gap and developed DAMAC properties currently based in Dubai.

Hussain Sajwani’s knowledge, skills, and vision in property development is a major contributing factor in DAMAC Properties success story. Today, DAMAC Properties are one of the largest corporation in the Middle East dealing with property development. DAMAC Properties have a number of esteemed projects in Doha, Beirut, London, Dubai, Jeddah, Abu Dhabi, and Riyadh.

To bring exciting living notions, DAMAC properties has come together with prestigious lifestyle and fashion brands to work on various projects. Such projects include the great golf course designed by Tiger Woods managed by The Trump Organization, luxury villas and apartments designed by prestigious fashion houses, and unique paramount resorts and hotels. Learn more about Hussain Sajwani: http://www.arabianbusiness.com/the-world-richest-arabs-2014-574217.html?view=profile&itemid=574179#.WHgeI2QrIUs

Long before Donald Trump become president, he worked with Hussain Sajwani and his company DAMAC properties in a number of projects. The projects developed included the Trump International Golf Course and Trump World Golf Course. It is this good business relationship that made Trump praise Hussain Sajwani, as a “very, very, very amazing man.”

The renowned DAMAC owner intelligence in investment and business has a record of successful expedition in the capital markets and global equity. He has major investments in the global and regional markets. One of his leading investment company is DICO Investments Co LLC.

Hussain Sajwani is not always an all work with no play person. He loves participating in charitable events and contributing to the noble courses in his community. Hussain Sajwani family, four children and a wife resides in Dubai. Hussain Sajwani is commonly known for his goodwill as he often encourages the youth to be innovative and has an interest in initiating entrepreneurship.

Tammy Mazzocco: Real Estate is a Passion

Tammy Mazzocco is a real estate agent who has risen in the ranks and come out on top as an expert. She lives and works in Ohio, and sells properties in Franklin, Licking, Delaware, and Fairfield counties in Central Ohio. In a recent interview, Tammy explained that for her, selling houses has never been about the money; it is a way of life, and a passion.

Tammy Mazzocco never intended to become a real estate agent. She started out as a secretary, and then moved into property management. She explains that her profession found her, and that she “didn’t pursue it in any way”. She describes real estate as a passion that she has always had. Each time she sells a house and sees the smile on her clients faces, she gets a rewarding feeling which she loves.

According to Philly Purge, she was encouraged to get her licence by a coworker and mentor, back in 1995. Over the years, she worked in various positions related to real estate, and never stopped learning. She learned a great deal from Ken Cook, the General Manager for Scotland Yard Condominiums. She went on to become the Personal Assistant to Joe Armeni, a RE/MAX producer in Columbus, Ohio. Mazzocco says that as she was learning the business, she continually kept a positive attitude in the face of adversity and doubt: “There is always doubt in this kind of business especially when you are first starting; the key here is to keep a positive philosophy and whatever you do never think about giving up”.

One thing that helps Tammy Mazzocco keep her positive attitude is meditation in the morning. She explains that in order to be successful as a real estate agent, she has to maintain a healthy, productive life, and that meditation helps her do just that.

See more: https://www.business.com/advice/member/p/tammy-mazzocco/

 

Wild Ark – article recap

Wild Ark is a organization to protect wild life habitats. Their mission is protect the wild places. They do some researches about wild life habitats, such as the South Africa, Alaska and Kenya’s see. In the Kenya’s see, wild ark research team rescue turtles. They are learning and protecting wild lives around the world with their experiences. While they are working with the nature, they are try to reconnect the wild life and human beings together. Also, they are try to protect the wild life for the future generations. The wild ark organization offer travel programs in South Africa and Alaska. They are planing trips for the public’s to inspire the wild life adventure. They have educated and experienced team members for the wild life adventure. In South Africa and Alaska has so many wild life habitats. If someone travel South Africa or Alaska or any of the wild life habitat, they can get experience about animal behaviors, explore more about the wild life creatures, and they can get experience, how to handle life without technology and comfortable houses. That is going to be a different experience. Also, being around the wild life, we can protect the wild animals from the animal crimes. In Wild ark organization website, they are posting variety of journals about the wild life, such as how to connect with wild life, about elephants, adventure in Africa, and information about their researches. In modern world, all human beings get busy with their fast facing modern life. It makes them anxiety and depression. Eventually, If someone connect with nature, their depression go away. Wild ark gives some valuable tips to the people. As a human beings we can always connect with nature, such as go walk around the bushes, watching sunset, play in the creak, get lunch in the park, go camping. As a human beings we all have to protect our nature.

For more details, please visit http://wildark.com/.

Eva Moskowitz Is A Pioneer, Fighter And Leader For Superior Education

If you were to step into a classroom at the

Success Academy Charter school in Harlem you would notice

every student seems fully focused and engaged with

the work at hand.

 

The teachers are in full command of their classrooms.

Even the halls and lunchrooms are orderly and quiet.

 

The Success Academy in Harlem is a branch of the nation’s most celebrated  charter school network.

 

Success Academy’s founder and CEO is Eva Moskowitz a former New York

City Council member who drew attention to students

learning opportunities in New York. She set out on a mission to improve the system.

 

In 2006 she founded the charter school system that 10 years

later has grown into 34 highly successful schools providing

a superior education with superior results to over 11,000 kids demonstrating how much the school choice movement can achieve at its very best.

 

In 2016 Eva Moskowitz received the Savas Award for Public-Private Partnerships from

The Reason Foundation, a nonprofit that publishes

Reason Magazine and Reason TV.

 

Despite all the accolades and success, Eva Moskowitz has

not built this strong educational system without resistance. Over the last

10 years during the massive growth spurt of the Success Academy, Unions have sued

the organization, blocked entrance to their schools with demonstrations and even

the mayor of New York, Bill de Blasio has thrown out 3 of Success Academy’s Charter Schools.

 

Despite resistance from unions, politicians and even negative publicity in The New York Times, Eva Moskowitz continues to fight the good fight and grow the Success Academy.

 

Eva Moskowitz is no stranger to fighting for what she believes in.

 

Her battle for better education began as early

as her own days in high school. Raised in Manhattan, Eva Moskowtiz

attended high school at Stuyvesant High where she thought half of

the teachers were incompetent and that she didn’t learn anything while

attending there.

 

Eva went on to graduate with a B.A. in History with honors from the University of Pennsylvania, then received her Ph.D in American History from John Hopkins University.

 

While attending the University of Pennsylvania, Eva Moskowitz was criticized by a professor for her writing skills. That stuck with her and she has made writing a big priority with both teachers and students at the Success Academy Charter Schools.

 

She is a fighter but more importantly for the success of the Success Academy and its students, she is an educator.

 

 

 

Monitoring Inmate Activities with Securus Technologies

Working as a corrections officer in a packed jail is a challenge in every sense of the word. On any given day, the inmates are doing everything possible to try and game the system behind our backs. If we tell the inmates they can not have something, they will spend countless hours trying to make it happen. Listen to the inmates and they will tell you that they can access drugs and weapons more easily behind bars than they could if they were out on the streets.

 

To try and keep the inmates from getting out of line, we have to monitor the visitor center in full force. This usually is the biggest way the inmates get their hands on illegal contraband. Even with a huge police presence at the gates, they will pressure their visitors to come through those gates with something they need even if they are putting this person at risk of getting arrested. Our team does surprise cell inspections and even opens the mail to try and find anything the inmates should not have in their possession.

 

When Securus Technologies installed the inmate call system, we had no idea how instrumental this device would be at helping control the flow of contraband in the jail. I was brought up to speed on the LBS software and it was incredible how quickly we discovered things that were going on in the jail right under our noses. Now we were getting information right from the inmates without them knowing they were feeding us the information.

 

The inmates think they can talk in code to avoid us picking up key details, but thanks to Securus Technologies, we have been able to put a stop to a huge problem we have had for years. We put a dent in the flow of drugs and weapons, making the jail safer for visitors, inmates, and officers alike.

 

Getting Knowledge From Life Line Screening About Different Health Issues

One of the best ways to be healthy is to be knowledgeable. There are so many people who find themselves suffering from health issues because of lack of knowledge. They are also experiencing prolonged suffering and intense issues because of the lack of information they have on taking care of their health. Fortunately, they can find a lot of information on different health related topics which include their health on Life Line Screening. This health care facility offers a lot more for people than just screenings and treatment advice. They actually offer a lot of advice for people that are looking to take a more proactive step towards getting their health taken care of.

Life Line Screening’s website has a lot of information on their website on what they offer and the types of health issues they work with. However, one of the best services they offer is information on their blog. They make sure that there are a ton of tips available for people to look into so that they can have an easier time staying on top of their health. They could learn some very fun pieces of information that they could apply to their lives to not only prevent illness, but also take their health to a higher level.

Life Line Screening not only has advice for managing physical health but also has advice on mental health. One thing that is certain is that a lot of illnesses are caused by mental health issues. For instance, when one is under a lot of stress, then his body is releasing a lot of hormones that are causing an emergency response that could deplete the body of its resources if the response is prolonged. Fortunately, it is possible to recover in many cases without the need for a lot of medical help.

Eric Lefkofsky’s Tempus offers Immediate Cancer Patient Data

In the year 2006, Eric and Liz Lefkofsky founded the ‘Lefkofsky Family Foundation’. The mission of this group is to “…advance high-impact programs, initiatives, and research that enhance quality of human life…” Major proportion of donations is provided to Chicago-based groups who concentrate on education, human rights, research in medicine, the arts, and cultural outreach.Eric worked his way through college as a carpet salesman. He attended the University of Michigan, studying law. After graduation, he and a friend partnered to create a clothing store which did not succeed, and found himself in years of lawsuits due to the failure. However, not all his ventures have been failures. He started Groupon, which is one of the highest successes in Internet IPOs, to date.

Motivation is key to most ventures. Lefkofsky was motivated to look into cancer treatment methods when his wife was delivered a breast cancer diagnosis. Though not a physician, he realized that care of a patient is more than giving them chemicals to fight the disease. Doctors and other healthcare professionals should have an immediate and efficient method of gathering data.Much of cancer treatment comes from research. Lefkofsky discovered, through his own investigations, that patient clinical data is not readily available from cancer treatment facilities. Facilities must endure bureaucratic red-tape in order to compile information on patients. This information includes, types of medications being given, dosages, and how often. They also should know other factors like age and sex of patient, as well as whether they have any other illnesses.

Understanding this lack of efficient patient data collecting, Tempus is aimed at streamlining the data collecting process. He is working to combine molecular data, such as a patient’s cancer, growth rate and efficacy of treatment, with personal data about the patients such as their age, their weight, living conditions, diet, and health.Lefkofsky’s question regarding why some patients respond to treatment while others do not prompted his concern and interest in helping to develop a method of immediately acquiring all data. If busy cancer research centers can obtain this data quickly, they will be more effective in compiling new data sets that will help them to evaluate drugs and effects more rapidly.