James Dondero Calls Argentina’s Return

Argentina is one of the most promising Latin American countries when it comes to sovereign debt. This is in spite of decades-long status as a distressed credit country. Simply put, distressed credit is when a loan becomes irregular in payments or when the debtor defaults completely. Argentina entered distressed credit status in 2001 when it defaulted on an impressive $95 billion in issued bonds. Even after defaulting the country continued to service its debt in a myriad of ways until 2014 when former President Cristina Fernandez de Kirchner ignored U.S. court orders on the matter and halted all payments to holdout creditors.

The reason Argentina is still promising even with this complicated history is that it is a resource-rich country. It has a lot of growth potential because of this and if it can restructure its existing debt there is a high likelihood of credit upgrades. President Macri was elected on a campaign of economic reversal and a goal to return Argentina to the sovereign debt markets. He undid much of his predecessors work and now an upcoming U.S. court ruling looks promising to re-admit Argentina to the sovereign debt market and allow it to restructure its debt to begin payments once more.

This soon to be realized potential is great news for many holdout creditors like Highland Capital Management. The management fund is a large holder of 2033 bonds from Argentina and its president and co-founder James Dondero has made many observations about the possible profitability and return of Argentina in recent years. One of his key observations was that Argentina would eventually experience a defining moment where something would have to give. Either the government would run out of capital completely due to being restricted from the bond markets or they would change their position on restructuring their debt.

James also considers Argentina to be worthy of re-investment since it has the greatest promise of being upgraded in creditworthiness in the near future against other Latin American countries. Dondero plans on taking advantage of Argentina’s appeal not just for sovereign debt but capital investment by creating an Argentina Fund through Highland Capital Management.

Follow James on Twitter to stay up to date on everything Highland Capital.

Source: Bloomberg

Koch Brothers New Invest

Charles Koch and his brother David Koch are well known investors who have now started a new fund. Their grandfather Harry Koch emigrated to the US from the Netherlands in 1888 and now its appears the Koch brothers have started a new fund under that name. The fund will manage about $2 billion in assets and this is interesting.

It incorporated in Delaware in 2014, and has filed for business in other states including California and Florida. The brothers have hired a manager called Trent May who was successful with investment in Wyoming. The fund will focus on investments were the Kochs can take a direct stake, including a telecommunications company called X5 OpCo LLC. May had success in Wyoming and ran his own hedge fund registered with the SEC. He also hired Jeffrey Strayer to oversee investments.

Charles Koch is a well known member of the Koch brothers and was educated at the Massachusetts Institute of Technology with B.S. and M.S. in Engineering. He eventually become President of his father’s business which he renamed Koch industries. Approximately he is worth $41.3 billion. He is also director of Investa and Georgia-Pacific LLC. Charles Koch has been successful with his fathers business and has also ventured into his own businesses and is also a patron of the arts and creative projects. The Koch brothers are well known investors and any investments they make are sure to generate interest and analysis. Koch is known politically as a libertarian and is known to cites Van Mises as an influence on his thinking.

This article recapped http://www.bloomberg.com/news/articles/2016-03-15/the-billionaire-koch-brothers-have-a-hot-new-number-1888

Brian Torchin and Perfect Chiropractic Care

Brian Tochin is a reputable member of the healthcare industry and has been working in the field for many years. After opening a number of medical offices throughout the East Coast area, Torchin has become one of the most popular and well known medical recruiters in the world. His current position as the President of the Health Care Recruitment Counselors, LLC has taken his business from Europe all the way to Asia.

Beginning as a chiropractor, Brian Tochin learned quickly what goes into a successful business practice and what helps an office run smoothly. Proper management techniques and a qualified staff has helped Tochin not only run his businesses successfully but also help other companies increase their customer service potential. Torchin now runs his recruitment company to provide a high level of accessibility to clients both in the evening hours and on the weekends. Torchin understands the need for constant communication between staff and management no matter what the roles are.

Chiropractor needs are present in private practices all over the country but there are also needs within other areas and facilities like hospitals, therapy offices, in home care and more. Full service staffing includes background checks, training employees and more. Torchin assesses the current economy when running his business and based on the current state of our economy, Torchin understands it can be difficult to determine whether a client is qualified or right for a job. Going through potential prospects is very important in order to be left with only the cream of the crop. Not all chiropractors are experienced or right for the job. Its highly important to have the right people in the right position and this depends on location as well as client base.

Torchin has dedicated his business but also his professional life to ensure clients all over the world are receiving proper chiropractic care. The right business plan is imperative as well as the right staff, facility, business practice, etc.

Fabletics Success And Growth

Expansion is one way that a business can gauge their level of success. When a business needs to open new stores to meet consumer needs it typically indicates that sales are high. This is the case for Fabletics. Their line of active wear is in high enough demand that the company is planning on opening 100 new stores over the course of the next 3 to 4 years.

Facebook has them as a clothing line that dedicates its sales to yoga and active wear. They use easy to wear, comfortable styles that are available in a wide range of sizes. Styles vary as well. One can find basic colors, patterns, and even florals.

The core base of Fabletics sales have been the internet user. Until recently the brand sold their goods solely online. With rising sales and more customer interest they have bravely forged into the brick and mortar arena.

The hopes is that consumers will visit the stores and try on the clothes. This will allow for a more interactive experience with the brand. While in the store the consumer will be informed as to the online format. This will include a briefing of the VIP membership as well as the monthly subscription options.

As reported on Racked, Fabletics has had some complaints from customers. The company has stated that they have addressed the issues head on. Forbes has reported that these complaints have seriously dropped off, and the Better Business Bureau also states that there are no serious complaints about the company. All issues are immediately addressed and steps are taken to eradicate them.

This is probably why Fabletics is opening brick and mortar stores while even the parent company Just Fab are still remaining solely on the internet format. Helping consumers to make the choice to shop with one business over another takes consumer satisfaction and a dedication to customer service.

Another way that Fabletics is enhancing consumer confidence in their brand is to increase the information offered on their site. Their FAQs section is enlarged to offer more information on purchases, returns, and even memberships. They are doing what they need to in order to clear up any confusion.

Offering a great product is also a way in which Fabletics is moving ahead of their competitors. Quality fabrics and a dedication to high quality production is how they remain at the top of their game. Whether they are loved or hated Fabletics is gaining ground in the garment sector and are the force to be contended with.
Check out their YouTube

2 Situations That Make Us Question The Character of Kyle Bass

While many know Kyle Bass for his prediction heard around the world, he is also known for doing some very wicked things. Here are 2 situations that make us question the character of Kyle Bass.

Situation #1 – The General Motors Fiasco

A few years ago several individuals died in accidents that involved General Motors vehicles. While the cause of the fatalities was determined to be faulty power steering and airbags that didn’t properly deploy, Bass decided to go on TV and place blame on the victims.

The interesting thing is Bass knew GM was aware of such issues and still refused to do anything about it. But bass didn’t care. The only thing he was concerned with was protecting his investment in the company.

Situation #2 – The Big Pharmaceutical Scam

UsefulStooges exposes how Kyle Bass is the type of man who will do anything for money. And that is exactly what he did with his big pharmaceutical scam that left thousands of individuals unable to afford medication. Many of whom ended up dying as a result.

He then set up the Coalition for Affordable Drugs which acted as a front organization for the whole scam.

With Spangenberg by his side, StreetInsider wrote the two of them would pick out certain pharmaceutical firms with the intent of short selling their stocks. They would then use their front organization to challenge one or more patents.

When this would happen, stocks would go down, Bass and Spangenberg would make millions, and the prices of life saving medications would skyrocket. As a result millions of people who depending on those medications were no longer able to afford them.

When asked why he would do such a thing, Bass actually had the nerve to say he was doing it for a noble cause. He said his goal was to bust patents so drug prices could go down because of competition. Based on his track record, no one in their right mind would believe this explanation.

In fact, Scott McKeown, a well known intellectual-property expert, said the only thing Bass was trying to do is spook the financial markets so he could make some quick money. No one disagrees with this sentiment.

Based on these two situations, its safe to say Bass is not the type of person you want to get into business with.

Thor Halvorssen Gives Fox News a Lesson in Socialism

Thor Halvorssen is a spokesman for human rights and an advocate for personal freedom within world governments. He is the founder of the Oslo Freedom Forum which is an annual meeting extolling the rights and freedom of mankind; it is equivalent to the the Davos World Economic Forum but oriented toward freedom and the elimination of dictatorships and authoritarian regimes.
His mother was shot and his father was a political prisoner in Venezuela when under the control of socialist Hugo Chavez. Halvorssen explained that socialism can work in countries whose governments have separation of powers and mentioned Norway, Denmark and Sweden as positive examples. As evident from this Youtube video, the interview took a turn for the worse when Halvorssen criticized Hillary Clinton for accepting monies from dictators in the middle east. He continued to derail the railroading of Bernie Sanders as a socialist by saying that he, himself, had sent Sanders the largest legal political contribution possible for his campaign. See the interview here:Your text to link…
Halvorssen is a humanitarian, thoughtful, engaging, dedicated and brilliant.  He, even, has a creative side as a successful director of film documentaries. For more information:Your text to link…
This attempted hatchet job by Fox against Bernie Sanders is an example of a simple-minded interviewer being subjected to the truth of a complex matter; a matter which Americans are averse to consider. While the rest of the world employs socialist concepts regarding health and social security, Americans seem to see any attempts with socialism as anti-democratic. The truth is that America has socialist programs, but the ignorance of history and world governance has severely restricted the collective political imagination of our citizens. The size of the U.S. Government continues to grow but the two major political parties have become adverse to cooperating with one another, while the electorate seems to be more concerned with the rights of the fetus and how intimate a politician’s relationship is with a Christian god.

The Inspiring Career Helane Morrison

The thing that I admire the most about Helane Morrison is the way that she has continued to climb the corporate ladder and thrive as a compliance officer. The male dominant corporate industry can become difficult for a lot of women, but the women that are persistent have the ability to break the glass ceiling.

That is precisely what Helane Morrison has done, and I find her career quite fascinating. I think that the thing that has made her someone to watch is the determination that she had from the early stages of her career. She started early as a law clerk and worked for a decade on litigation cases. Helane became very aware of the corrupt practices that violations of employee rights.

So many women will graduate from a university, and they will find themselves in search of a job at the corporate level. They may not have any experience, but they want to have the opportunity to prove themselves and someday become top level executives. In an industry that is dominated by men that will rarely be the way that things will work. Fortunately, Morrison knew this, and she knew what she would have to do in order to combat this.

Helane Morrison would earn her first degree in journalism, but she would make the transition into law and go back to law school when she discovered her passion. She was very new to the law, corporate investigation and litigation environment in the beginning, but she adjusted quite well.

I think that Helane Morrison has built a resume that has allowed her to become one of the most valuable resources that any organization can have. She didn’t waste a lot of time or deviate from her plan. She built a resume that would be perfect for what she is doing right now with Hall Capital.

What Helane Morrison has done is inspire a whole new wave of aspiring female leaders that are trying to acquire corporate positions. She is an individuals in her own right, but she shares the spirit of ambition with so many corporate leaders that came before her. Thankfully, she has developed a blueprint for many that are coming after her.

Seawright Pushes for Newark’s Youth to Succeed

There has been a 40 percent decline in summer youth employment opportunities over the past twelve years. Young adults from low-income families have suffered the hardest by this decline. Young people are looking at diminished work opportunities, and a lack of on the job skills. Sixty five percent of jobs require some post secondary education; it is hard for youth to find jobs they are qualified for. With the labor market demanding more education, training, and credentials. This is why summer youth programs in the United States are important. The programs provide youth with employment, and the job training they need in today’s labor market. Summer jobs are a critical pathway for long-term job success. Cities who participate in youth job programs have higher graduation rates.

Kevin Seawright, the Executive Vice President of Newark Economic Development Corporation, partnered with NewarkWorks to help youth secure summer jobs. NewarkWorks goal is to unite Newark residents, business owners, and immigrants. NewarkWorks teaches people how to apply for jobs, understand contracts, and compete for programs within the city. Kevin Seawright implied on Twitter that NewarkWork’s goal is to increase youth employment from 3,000 to 3,500 jobs in 2016.

Kevin Seawright is a highly experienced management professional in the human resources sector and the economic development sector. He has skillfully overseen operations of private organizations and government organizations. Kevin Seawright has a strong understanding of workplace efficiency. In addition to his love for music on SoundCloud, Mr. Seawright enjoys baseball and other various sports in his leisure time. Yet, his passion and purpose is to educate the public. Seawright is deeply involved with the Baltimore City Community College and The Babe Ruth Birthplace and Museum. In the last thirteen years, Kevin Seawright has used his experience in executive level finance, human resources, and capital operational development to better communities along the East Coast.

Newark youth can look forward to exciting new opportunities this summer because of Kevin Seawright and NewarkWorks. As an added benefit, Kevin Seawright partnered with Santander Bank and TD Bank to provide financial services to the students. Students will learn how to open their own checking and savings accounts. Through the hard work of Kevin Seawright and NewarkWorks students of the city will develop a solid foundation for financial success and personal empowerment.  Follow Kevin on Flickr, but also keep informed about what he does next on the Newark website.

Seniors Get Help With Important Tasks At Manse On Marsh

The best thing about living in an assisted living facility is receiving the right amount of care. The Manse On Marsh offers a personalized care plan to every resident of the community, from help with simple chores to transportation to medical appointments.

The staff offers five check-ins every day to all residents of this facility. The check-ins include making the bed each morning, bringing in three meals and removing the trash in the evening. The check-ins are discrete to help seniors feel comfortable and independent. The amenities also include weekly housekeeping, fresh linens and laundry services. The handyman is always available to help seniors take care of problems around the house, from changing a light bulb to repairing a leaky faucet. Seniors can focus on the fun activities instead of worrying about the housekeeping or home repairs. Room service is available to all residents of the community.

The Manse On Marsh understands how hard it can be to run errands and get to important appointments. This is why the staff provides transportation to shopping destinations and medical appointments. The facility also schedules regular visits from different professionals, including a podiatrist, dry cleaner, manicurist and audiologist. This makes life easier for those who cannot travel to locations such as the podiatrist office, dry cleaners or salon.

It only takes a second for a senior to slip in the shower or suffer a medical emergency. It is also possible for seniors to miss a dose of medication because they ran out or forgot to take it. This is why the facility offers medical assistance 24 hours a day.

Testimonials indicate that The Manse On Marsh can be a permanent residence in every situation, and the facility understands that a condition can take a turn for the worse. The staff works hard to make this difficult time as easy as possible for residents and their families. A representative takes the time to talk to them about Hospice Palliative Care from the day they move in. The warm and certified Wellness Team will take every measure to provide quality care to all patients, from keeping them comfortable to providing the right medication. There is always a spot for families who wish to stay overnight with their loved one. The Hospice Palliative Care also provides food delivery, medication oversights and a private Chaplain Service.

Everyone has the opportunity to come up with a care plan that works for them. The facility offers a plan as small as bed making or as big as hospice care. Caring.com says seniors are always given comfort, privacy and dignity at The Manse On Marsh.

An Overview on investment Banking and Contributions of Martin Lustgarten

Invest banking is a financial service that helps companies, government, and other entities to grow via fund acquisition and development of portfolios. The common sources of funds include selling of stock and bond transfer. The banks employ qualified and talented individual to offer the financial services. They attend capacity building conferences, seminars, and workshops to boost their expertise. The bankers offer consultation services to companies and investors.

Functions of investment banking in Mergers and Acquisitions

The increased competition and the need to embrace globalization force many companies to engage in M & A activities. Firms that are planning to expand seek advice from investment bankers on the potential buyers available in the industry. They offer M&A services such as assets valuation and provision of recommended tactics to close the deal.

Market marking

When a company is considering going public, it must contract an investment bank to ensure the market for the issued share is maintained. The bank signs an agreement that requires it to create a market in stock and maintains it reasonably liquid.

The introduction of new securities into the market is primary role played by investment banks. They are equipped with skills in determining the price of new issues as well as finding prospective buyers.

Martin Lustgarten, the investment banker

Martin Lustgarten is a prominent businessperson, who resides in Miami, Florida. He is the Founder and Chief Executive Office of the premier investment bank known as Lustgarten, which is headquartered in Florida. He has established a successful career in the field of investment banking. Under his management, Lustgarten bank has closed big financial deals and helped Florida-based companies and investors to acquire capital from alternative sources.

Martin is a family man, who enjoys spending time with his two kids. During his leisure time, he collects diverse categories of vintage trophies, sell vintage watches and tour different parts of the world. Socially, he updates his followers on Facebook and Twitter about new investment opportunities. Martin owns an amazing SoundCloud account.