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“Hillary Clinton is a better candidate” Says Charles Koch

Charles Koch is a wealthy influential business person in the US. He is estimated to have $41.5 billion according to Forbes as of June 2015. He is married and is the CEO of the biggest private firm called Koch Industries Inc. Charles Koch diversified his father’s oil company into a petroleum products trading company that exist in about 60 countries around the world. Koch is the 18th richest man in the world and a philanthropist. Koch extended a business that he inherited from his father by 2,600 times. Charles Koch, Author of the book “Good Profit,” said that a framed letter left for him by his father, that outlines the approach he and his brothers should follow when managing their family fortune has helped him manage his business.

ABC News met Charles Koch last week at his company’s headquarters in Wichita, Kansas. Koch has for some time been very influential and controversial force in the Republican politics. However, Charles Koch pointed out that Hillary Clinton could make a better president of the US compared to the remaining candidates in the Republican Party. Koch also said that he believes Bill Clinton was a better president in some ways, in that there was less government spending than in George W. Bush tenure. Even though Hillary gained Koch’s Favor here, Koch didn’t mention that he will be supporting her in her 2016 presidential race.

Koch notes that the American economy is ”rigged” for the wealthy, and there should be a policy to change that. Koch said that Republicans have been blocking many big spending initiatives, but their pleas to reform the tax system despite lobbying for the vast repeal of subsidies and exemptions in the U.S. tax code have not been fully satisfied. Koch notes that the Republicans have implemented tax breaks here and there, but they need to be done away with fully. Koch says this is because it has been hard to find someone in politics who has the courage to change the norm in the government and do what will help the people in improving their lives.

Koch has pointed out that he has no control over the Republican Party since the U.S. would have a two-tiered system in place. There would be welfare for the wealthy and tax code that subsidize the wealthy. Since there is none, it’s clear that Koch controls nothing in the Republican Government. Koch has therefore not thrown any support to any of the Republican nominees as none has talked about the two-tiered system and how to get rid of it.

Additional Links:

http://www.vanityfair.com/news/2016/02/koch-brothers-take-on-trump

https://www.washingtonpost.com/news/the-fix/wp/2014/05/20/17-things-you-didnt-know-about-the-koch-brothers/

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Jame Dondero, investing in Argentina’s fiscal future

How do you get rid of the massive amount of debt? By selling bonds of course. Argentina is making its long-awaited return to the international bond market since being forced out of the global market in 2001 during a historic $95 billion default. James Dondero and Highland Capital Management are amongst those looking to invest in the country. The assets management firm oversees $19 billion in funds is looking to buy a significant amount of securities.

Highland Capital Management is not new to this game. Before Argentina decided to rejoin the international bond market, the firm was the biggest holder of the countries $4 billion of notes, due to mature in 2033. The interest from Highland Capital bolds well for Argentina, showing that their attempt to sell a significant amount of debt to pay for settlements with holdout creditors.Furthermore, this shows that debt investors will continue being buyers for many years to come.

Throughout this, Highland Capital Management is turning out to be the largest victor. After U.S. District Judge Thomas Griesa removes the restrictions preventing Argentina from paying its reconstructed debt.Once lifted Highland along with many other American-based firms will begin investing the country once more.

For Highland CEO Dondero this is only the beginning. Dondero attended the University of Virginia and received the highest honors: Beta Gamma Sigma, and Beta Alpha Psi. After having received a double bachelor’s in Accounting and Finance, Dondero became a certified Certified Public Accountant, Certified Management Accountant, and Chartered Financial Analyst. All of these have helped him over an extensive 33-year long career which started as an analyst for the Morgan Guaranty training program before working as Corporate Bond Analyst and then Portfolio Manager at American Express. In 1993 Dondero Co-Founded Highland Capital Management. In addition to being CEO of Highland he is Chairman of NexBank, Cornerstone Healthcare, and CCS Medical; and also serves as a board member of American Banknote and MGM Studios.

After the initial investment, this April Dondero says that he will begin pursuing other avenues inside the country. These possible investment opportunities besides the sovereign debt include a possible Argentina Fund. To Dondero and the world, it looks like Argentina’s fiscal future is bright.

Additional Links:

https://twitter.com/jamesdondero

Meet James Dondero; the Highland Capital Management CO founder and President

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Dynamics Search Partners Director Keith Mann Announces New College Scholarship Opportunity for Uncommon Schools Students

A recent press release details Keith Mann’s, managing director of Dynamics Search Partners, announcement regarding the creation of a new scholarship for students at the Uncommon Schools of New York based in Brooklyn, NY. Each year students will have the opportunity to apply for the Keith and Keely Mann Scholarship for Professional Achievement. One winner will be chosen from eligible graduating seniors. Students who wish to apply for the scholarship must submit an essay on how earning a college degree will benefit and support them towards achieving their professional goals. The $5,000 scholarship can be used towards the student’s college tuition. You can read the full press release and more details about the scholarship opportunity on BusinessWire here.

Keith Mann is the managing director of Dynamic Search Partners (DSP), a New York based executive search firm that provides staffing and hiring services and strategy for hedge funds. After identifying an opportunity for executive search services in the hedge fund industry Mann founded Dyanmics Search Partners in 2009 to provide these services to alternative investment firms. Mann has over 15 years of experience and brings a level of professionalism and knowledge that is unparalleled in the industry.

Mann’s involvement with the Uncommon Schools began in 2013 when he had the opportunity to tour the school and sit in on classes. Inspired by the motivation of the students to achieve academic excellence and prepare themselves for success in college, Mann established a partnership between the charter schools and Dynamics Search Partners.

Additional Links:

https://www.crunchbase.com/person/keith-mann