Recent Comments


George Soros Announces Investments To Initiatives Addressing Refugee Crisis

The Hungarian-American billionaire, George Soros has said he will invest $500 million into the companies and startups founded by refugees and migrants including the initiatives and businesses started to address the needs of refugees and their host communities. Soros is the founder and chairman of both Soros Fund Management and Open Society Foundation. Open Society Foundation is the non-profit organization used by Soros and other donors to fund other charity organizations as well as initiatives that target the beneficiaries directly.

Open Society Foundation include a network of projects, foundations, and partners in more than 100 countries. The name open society was a perfect fit for Soros commitment to a society where fundamental rights are respected, the government is held accountable for its decisions and finances, and the right to access information. Soros began his charity work in 1979 when he started by awarding scholarships to black South Africans who were undergoing oppression under apartheid.

He was one of the contributors to undermining the strength of communism through supplying Xerox printing machines to accelerate the distribution of banned texts and the idea of culture exchange with the West. The fall of the Berlin Wall marked a critical change of cause for George Soros because it is after the fall that he created Central European University to promote critical thinking. Soros later expanded his charity work to other countries like Africa, the United States, and Asia.

His recent efforts to help ease the refugee crisis is not a new one. Soros has spent millions of dollars helping refugees and writing publications that would guide the governments to address the refugee crisis on Investopedia. His recent announcement to invest in refugee initiatives came as the United States President, Barack Obama issued a “Call to Action” initiative, on the American companies to help ease the migrant crisis.

While he was announcing the plans to invest in the refugee initiatives, George Soros said that he intends to invest in both startups and established companies as well as businesses with social impact initiatives started by the migrant. The primary goal of the investment according to Soros is to benefit the migrant and host communities themselves. The announcement came at a time when the ceasefire between the Russia and the U.S. in Syria collapsed.

George Soros also supports political initiatives including funding political campaigns that support the idea of free trade. Recently, Soros donated $2.5 million to the Democratic Party candidate Hilary Clinton through a super PAC that supports the party. George Soros had previously contributed $7 million to Priorities USA Action last year. The super PAC has heavily spent its campaign funds on ads supporting Clinton and creating other ads criticizing the policies of the Republican Candidate, Donald Trump. However, the big spending by super PACs has drawn criticisms from Donald Trump.

The Death of Stephen Murray, Former CEO of CCMP Capital

Stephen Murray passes away. Steve was the former president of CCMP Capital. Steve served the company for many years; since 1999. Before his death, Steve had left CCMP Capital one month before due to health issues. He was 52 years old.

Stephen Murray CCMP Capital was once known as Chase Capital Partners after the purchase of Chase by J.P. Morgan. For some time, it was on the list of the largest private equity firms in the world. However, in 2006 the group split with each party going out independently. Steve Murray became the chief executive officer of CCMP Capital in 2007. Steve was the successor of Jeff Walker who was the founder of the group.

Stephen Murray CCMP Capital is a New York-based private equity company. The firm recently raised $3.6 billion about five months ago for its latest fund. The new board of CCMP Capital included Strongwood Insurance Holdings, Jetro JMDH Holdings, Infogroup Inc, Octagon Credit Investors, and Crestcom International.

Read more: Stephen P. Murray – President @ CCMP Capital Advisors

Stephen Murray had been one of the two executives of CCMP listed on SEC filings for the $3.6 billion fund. The other executive was Greg Brenneman. Murray was also one of the five control individuals on CCMP’s most recent form ADV list. Murray left the company a month before his death without a word. His name was then removed from CCMP’s website. By that time, CCMP’s spokesman had not disclosed much information on why Murray had left the company, though Stephen Murray CCMP Capital just said it was due to health-related issues. At that time the spokesman had also not disclosed any information on what would happen to Murray’s board seat or his successor as the CEO.

Greg Brenneman is the chairperson of CCMP, but he succeeded Murray as the chief executive officer of the equity company. Greg explained how the company feels saddened by the death of Steve. Greg said that Murray was not only a former partner but also his friend. Brenneman sent his thoughts, prayers and deepest condolences to his wife and sons saying that Murray was the pride of his family.

Murray was a founding partner of CCMP Capital. He was a good investor and he sealed several deals in the firm. Most of his career life was spent working in the private equity. Greg said that CCMP Capital was happy and grateful for the positive contributions of Stephen Murray CCMP Capital made to the company. Greg attributed the success of CCMP to Steve Murray.

Host Your Private Event At Tarallucci E Vino

Hosting a private event in New York City gives you the advantage of having a plethora of different spaces to choose from. Regardless of your party’s size or the type of event itself, the options are nearly endless. You will undoubtedly find a place that perfectly suits your needs. Choosing the ideal space among the vast array of restaurants, private rooms, and banquet halls presents a seemingly endless collection of choices. The process of wading through and narrowing them down can prove to be a bit challenging. We have compiled a brief guide detailing the best venue options for your festivities to help make planning your next event run smoother.

Lafayette Grand Cafe & Bakery

Location: 380 Lafayette St, NoHo

Contact: 212.533.3000

Lafayette Grand Cafe & Bakery is a Greenwich Village Brasserie, serving breakfast, lunch, and dinner in a relaxed yet classy environment. Its menu boasts of high quality French fare as well as a bakery serving macarons, scones, eclairs, cookies, bread, and other French-style baked goods. The restaurant has two rooms available for event bookings holding 8-20 and 30-150 people respectively.

American Cut

Location: 363 Greenwich St, Tribeca

Contact: 212.226.4736

With locations in Tribeca and Midtown, American Cut offers a traditional steakhouse experience with a glamorous modern air. Their three rooms can accommodate parties of various sizes, ranging from a small intimate dinner of sixteen to an all out reception of over three hundred people. Different private event menu options are available for you to choose from depending on your event needs.

Tarallucci e Vino

Location(s): Union Square, 15 East 18th Street / Cooper Hewitt, 9 East 90th Street

Contact: Union Square – 212.228.5400 / Cooper Hewitt: 212.849.8483

Of all the restaurants listed above, Taralluci e Vino offers a private event space unlike any other. It is a uniquely versatile and immaculate option for your next celebration. Taralluci e Vino’s Union Square location alone has four different event spaces of varying sizes, each room possessing its own distinct style and charming decor – from exposed brick and rustic barn doors to vintage mirrors and elegant chandeliers. With such contrasting designs, you are bound to find a room whose atmosphere works best for the type of event you are planning. Their loft rooms have gorgeous views of the Union Square area, giving your party guests dinner and a view.

Host your elegant soiree at the Taralluci e Vino location at the Cooper Hewitt Smithsonian Design Museum. Let the ornate backdrop of the museum entice your guests, whether it be an outdoor gathering in the garden and terrace by night or a function throughout the regal great hall. Regardless of the occasion, the scrumptious eats and wine will leave every guest satisfied. The cuisine of Taralluci e Vino is a mix of traditional Italian while also drawing inspiration from modern dishes from around the world. Taralluci e Vino offers an unparalleled wine experience. Their wine menu contains complex and bold wines from all regions in Italy, even featuring imports that cannot be found anywhere but in Italy. The quality of food and ability to accommodate a variety of party types and sizes makes Tarallucci e Vino an elegant, versatile, and truly original place to hold your next private event.

Bank Increases Unsecured Notes After Positive Financial Results

Good news has continued to flow in for the Dallas-based NexBank Capital, which enjoyed an upgrade by Kroll in its credit rating from BBB- to BBB. This has allowed NexBank to raise more capital. As a result of these fortunate developments, NexBank has increased senior unsecured notes up to $75 million.

NexBank Increases Senior Unsecured Notes Offering to $75 Million

“Private Senior Unsecured Notes”

On September 9, 2016, NexBank announced that it would increase its private senior unsecured notes from $50 million to $75 million. The previous offering had been announced on March 18, 2016.

Sandler O’Neill & Partners was the sole placement agent for this September private offering. NexBank plans on using the capital for continued growth. The investment grade notes cannot be called for five years; they have a stated maturity date of March 16, 2026. For the first five years, the fixed rate of 5.50% will be paid and thereafter, a variable rate will be determined using the three-month LIBOR.

NexBank CEO & President John Holt said that the “senior notes offering and recent Kroll rating upgrades reflect the financial community’s support of NexBank’s strength and continued growth.” The total for capital raised from March to September 2016 has been $100 million. NexBank is a member of the FDIC.

“Strong Full Year 2015 Financial Results”

On March 14, 2016, NexBank reported healthy financial results with a net income increase of $53.2 million with total assets of $2.72 billion at year-end. CEO & President John Holt stated that we, at NexBank “have significantly increased earnings year-over-year and improved our asset and deposit channels, while prudently managing our risk and expenses.” On November 30, 2015, NexBank acquired the College Savings Bank.

Success and Happyness Has Never Been Easier To Obtain With The help Of The Midas Legacy

The Midas Legacy is a company focused on helping individuals with managing and achieving financial success as well as live happier, less stressful lives. With the company’s knowledge and expertise, they are able to guide people towards wealth and making better decisions that will make them happier overall. Sean Bower, Mark Edwards, and Jim Samson currently lead the company and make sure everything goes smoothly on a day to day basis, while supplying programs and courses online that people can use to help them gain deeper knowledge into finances. Most people dream of being financially independent, being their own boss, and gaining wealth, and it is possible to obtain. However, many individuals lack the necessary tools that will allow them to achieve this financial independence. What The Midas Legacy does best is help people learn how to achieve their goals for themselves as well as showing them how to maintain it.

For those who are just coming up in the world of business, creating and maintaining a new company can be a little overwhelming, this is where The Midas Legacy uses their expertise to help individuals through this process. The company offers a membership for those who want to get started quickly and learn helpful information in successfully maintaining a business. They also like to point out to many that they are not trying to make anyone rich overnight, but instead providing them the knowledge and tools to build wealth over time.

Of course, no matter how successful someone is able to become during their careers, one day retirement is inevitable and a plan for such is important. The Midas Legacy also helps their clients in this aspect, by allowing their members to design their own retirement plans that are optimally suited for their needs. Regardless of someones level of success, there a many factors to consider in retirement, since money isn’t the only thing that’s important to plan out. This is an area in which many people wait too long before getting a plan in effect.

The Midas Legacy works to ensure people can achieve not only their goals for success, but their goals in living fulfilling and happy lives free of the daily stresses. Today, stress is all too easy to succumb too, with so many different things happening all around and so many distractions to deal with. Those that get caught up in negativity become miserable with their lives, regardless of the success they have. With The Midas Legacy’s dedication and passion for helping others and making sure they achieve what it is they want.

Check out this special report about The Midas Legacy’s business.

Adrián José Velasquez Figueroa: Interesting Characteristics About Panama

Panama is one of the most picturesque countries in the world. Some love Panama because of its beautiful landscapes and exotic animals. Others love it because of the business opportunities it offers. Panama is a country for individuals of all walks of life, which is why in one can find from expats to ambitious businessmen residing and visiting Panama today at

Panama is one of the most industrialized countries in Latin America in modern day, considered too a country of opportunities. Panama is known as the “Dubai” of Latin America for a reason and not just because of its beautiful enormous skyscrapers on Twitter. The Panama Canal, which is around 80 kilometers long and took almost two decades to build, is crucial in the world trade of today. At least 10,000 ships carrying goods pass through the canal from the Atlantic to the Pacific every year. The Panama Canal also generates about a third of the country’s revenue, and it also attracts a lot of tourists every year.

Panama too is a top tourist destination for Adrián José Velasquez Figueroa because of its natural sights, tropical weather, and beautiful animals. For example, Panama has one of the most beautiful and exotic birds in the world. This country has over 900 species of birds, more than the United States and Canada combined. Panama is also the only country that has a virgin rainforest in its capital, known too as the lung of Panama. The Metropolitan Natural Park allows visitors to experience Panama’s natural landscapes, which is also near to one of the most gorgeous cosmopolitan places of the country.

Panama has one of the most breathtaking views and interesting characteristics of any country as well. In Panama, El Valle de Anton was built within a crater of a massive volcano, which is about six kilometers wide. Volcan Baru is also Panama’s highest elevation point according to Figueroa. While there, one could see, without much trouble on a sunny day, the Caribbean Sea and the Pacific Ocean. This exotic country too has the most expensive railroad in the world. This railroad was built next to the Panama Canal, which cost more than $7 million.

Panama is a country with a very rich history. Panama was once a Spanish colony and was conquered more than 400 years ago. After Panama gained its independence, it became pare of the Republic of Gran Colombia. Panama then got separated from the republic many years later thanks to the help of the United States. And since the treaty between the United States and Panama, part of the deal, Panama has been using the U.S. dollar as its currency according to Figueroa.

Adrián José Velazquez Figueroa was born and raised in Venezuela, and he is currently one of the most prominent business magnates of Venezuela as well. He currently is president of more than five companies in Panama and manages their treasury. Adrián José Velasquez Figueroa is also these businesses’ director. Adrián José Velasquez Figueroa is a very innovative and passionate individual about entrepreneurship, and he currently mentors and trains many Panamanians so they can become successful entrepreneurs. The businessman has been living in Panama for at least five years.

Midas Legacy Provides a Golden Chance to Achieve Success

Though it sounds like a title, the Midas Legacy is actually a company which help potential investors with money management and entrepreneurs handle their business.

However, where the Midas Legacy separates itself from other monetary advisory groups is that it tries to focus on lifestyle and good living as the whole product instead of merely zeroing in on monetary wealth and finances.

The company’s was wide range of clientele ranging from individual investors to environmentalists. Each client has a different need, but the Midas Legacy has a focus for most such needs whether it is lifestyle, real estate, business, or investment. Members of the company include authors, market analysts, nutritionists, and even millionaire businessmen.

Based in Winter Garden, Fla., the Midas Legacy company is also about community and giving back to others. Whether it is supporting research at the St. Jude Children’s Hospital, donating to the Wounded Warrior Project, providing assistance to the Salvation Army, or helping out the sheriff’s office and aiding in the prevention of animal cruelty, the Midas Legacy has a long list of causes the company supports and contribute to.

The Midas Legacy is about its own Midas code which teaches clients and customers about what he or she should do or shouldn’t do. The code is really about learning the appropriate marketing and lifestyle choices geared toward helping you succeed. Affiliate marketing, utilizing keywords, is an efficient way to generate income online and the Midas code teaches what you need to know.

There is no hidden agenda within the company. There is no scam involved with it. Instead, the company is legitimate and highly supportive. This isn’t a multi-level marketing scheme with trickle-down economics toward the original recruiters. Instead, each individual is in charge on his or her own.

Whether the goal is to become as wealthy as possible, to enjoy a better and healthier lifestyle, or to retire at an early age, the Midas Legacy provides an opportunity to do all of the above. Its members can work from home and engage in proven business practices to help achieve their own personal goals out of life.

All it takes is a willingness to seize such an opportunity.

Apple Hit With Massive Tax Bill in Ireland

Apple Inc. is well regarded across the world is being one of the most successful companies in the world. The company has released dozens of innovated products over the past few decades that have revolutionized the world. Along with their technology and innovation success, the company has been equally as successful financially. However, according to a recent news report (, Apple is now facing some significant foreign taxes.

Over the past few years the United States and various countries in Europe have been investigating the amount of federal taxes that Apple has paid in Ireland. The investigation determined that in Ireland Apple has been taking around a 2% national tax rate. This is compared to the typical tax rate in Ireland of around 15% for corporations. It has been suggested that Ireland has provided apple with favorable tax rates to encourage the company to continue to do business and grow in Ireland.

While this reduced tax rate has been beneficial for Apple and likely continued apples expansion in Ireland, it has created an unfair advantage. Due to the unfair advantage that Apple has received, the European Union and United States are strongly recommending that Apple repay to Ireland the amount of taxes that they saved. At this point, it is estimated that the total liability that Apple will owe could easily total over 15 billion United States dollars.

While the $15 billion tax bill is very significant, Apple appears that they will be able to absorb the financial hit. Apple currently it’s considered one of the wealthiest companies in the world. On their most recent audit balance sheet Apple reported that they have over $230 billion in the bank. Before trading opened the day that the tax bill was announced Apple shares were trading down about 3%. However, it does not appear that investors will be seriously based by this issue. By the end of the day Apple shares had increased a bit and were down less than 1%. Most investors seemed unconcerned that the tax benefit was received in other places beyond Ireland.

The Things to Do When you Visit Panama City

The city of Panama is a home of lots of surprises, and if offered an opportunity, I will ensure that all my friends visit this beautiful town. Below is a glimpse of the sights to visit the moment you come to this enchanted city.

In recent times, the current world has caught up with the city making significant modifications where by the city is occupied with glass skyscrapers identical with those in Dubai. These constructions are a spectacle to look at and the business in this town is brisk, providing a new life to the city from the formally neglected state on

If you are in need of warmth and sunshine, it is evident that you are in the perfect place. The city of Panama for Adrián José Velasquez Figueroa contains a charisma that lessens the stress. In the daytime, grown-ups and kids get a chance to enjoy al fresco activities and during the evenings, the town befits alive with an imposing nightlife.

For you to reach there, fly into the Tocumen International Airport, at the airport, you will come across several cabs waiting to take you any place of your choice according to Figueroa, but it would be vital if you use Uber services. The reason Uber is recommended is that they have standard charges, and you can make payments using your credit card.

The first site you should visit is 500-year-old trail Camino Cruces. Here you will enjoy observing wild animals comprising various species of birds fascinating the early dawn with their melodies.

The other thing you must see is the Panama Canal, where you will be watching massive container ships as they anchorage each inch of the way. It is an excellent site where you can as well practice photographing. It is a great site to have a boost if Vitamin D in the early morning. Panama Canal is only a 20-minute drive from the city center. Allocating one or two to arrive at the canal is supposed to be enough.

Complete your day by taking a walk past the DiabloRosso. This place is a home of the finest modern art in the area comprising art of Jonathan Harker and Donna Conlon.

About Adrián José Velasquez Figueroa

A specialized executive who originates from Venezuela, Adrián José Velasquez Figueroa currently works for five different firms of Panama where he holds three separate positions a Chief Executive Office, Manager, and Treasurer. Mr. Adrián José Velsquez Figueroa has remained a protuberant affiliate of the business community in Panama, where he assists business to develop, mentor young leaders and enhancing economic ailment. 

Learn more about Adrián José Velasquez Figueroa:

Should We Be Worried?

Gas prices are low, the economy finally seems ready to take off, and the international market appears relatively stable, at least for the moment. The Fed is poised to raise interest rates. Existing red flags such as Brexit, the Chinese economy, ongoing Middle Eastern instability, and the U.S. election cycle just don’t seem that threatening. So what are the professional worriers (pardon me, the “bears”) worried about the most these days? That’s right, the lack of worry. In fact, many are starting to use the exact same word to describe the current financial climate: complacent. Everyone Has Started Using the Same Word
What’s wrong with this? Not worrying enough makes us more vulnerable to the next economic catastrophe, of course. We were complacent in 2006, 1999, and especially so during the 1920’s. But worrying too much isn’t productive either. It paralyzes investment and risk taking, which form the basis of capitalism. Worry about the lack of worrying is spreading. The man who accurately forecast the 2007 economic crash, Kyle Bass, has also predicted one in Japan – every year for the last five years. One prominent equities figure warns that “investors should make sure their seat belts are fastened.” The head of Franklin Templeton Solutions, Rick Frisbie, demonstrates how this concept is actually institutionalized with the saying, “when the CBOE Volatility Index is low, it’s time to go.”
So where’s the sweet spot between too little versus too much worry? That’s what our economy is designed to find. That’s why incentives and disincentives exist for both bulls and bears. When both groups are pursuing their goals according to their beliefs, a natural balance is achieved. Adam Smith’s theories are born out. Life is good. When one group gains too much ground on the other, imbalance occurs. The economy suffers either stagnation or over-inflation, or worse yet, stagflation. Life is not good.
Are we worrying enough about the economy right now? Or too much? The only thing I know for sure is, I’m not worried about it. And please don’t worry about my lack of worry.