The Amazing Comeback of Michael Nierenberg

Michael Nierenberg has distinguished himself in the world of mortgage investment and banking, currently holding the positions of Chairman of the Board, President and Chief Executive Officer (CEO) for the residential investment giant, New Residential Investment Corp. Before ascending to his position at New Residential Corp, Michael Nierenberg spent time in significant positions at some of the largest names on Wall Street. These include Lehman Brothers, Bear Stearns, JP Morgan, and Bank of America Merrill Lynch.

Starting his impressive career, Michael Nierenberg helped to build Lehman Brothers adjustable rate mortgage business. He moved on from Lehman Brothers to take several senior leadership positions with Bear Stearns, including the head of interest rate and foreign exchange trading operations, co-head of structured products, and co-head of mortgage-backed securities trading.

Michael Nierenberg was at Bear Stearns when the subprime mortgage crisis, primarily associated with the Great Recession in 2008, occurred. Bear Stearns and Lehman Brothers, the two firms he worked for, went under. He fought a lawsuit from the Federal Housing Finance Agency, the agency that oversees Fannie Mae and Freddie Mac, and was accused of lying to federal regulators concerning financial disclosures. Despite this potentially career ending set back, Michael Nierenberg bounced back quickly. Soon, he bounced back to become the head of Global Securitized Products for JP Morgan. After a few years with JP Morgan, Michael Nierenberg filled the same role at Bank of America Merrill Lynch.

Since accepting the position of President and CEO at New Residential Investment Corp, in November of 2013, the residential investment firm has experienced impressive gains. As of the end of year in 2017, New Residential Investment Corp has produced 1.7 billion dollars in total lifetime dividends to shareholders. Such success propelled him to the position of Chairman of the Board in May 2016.

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Betsy DeVos Is Generous Woman Who Has Remained A Steadfast Supporter Of Educational Choice For Many Years

Betsy DeVos is a busy woman who has continued to surprise those who know her the best. She makes more than enough money to settle down and live a peaceful and happy life, but, instead, she continues to fight for the educational rights of those who are in the greatest of need. DeVos has been a reformer for as long as anyone can remember, and she has spearheaded the educational choice movement for a good portion of her life. The movement has to do with passing legislation that allows tax dollars to be used to pay for the cost of private and charter schools for younger students.

 

As it stands, many of these schools are reserved for those who come from wealthy families, and Betsy DeVos just won’t let this stand. She has been employing grassroots efforts and other tactics to help American students and has reported that the movement is doing very well in recent years. She was part of a movement in Louisiana that took place in 2008. The Department of Education in the state was against a new voucher program that was put together by governor Jindal and other leaders. This program was created to help kids who could not afford to leave schools in New Orleans that were failing badly.

 

Betsy DeVos was surprised when the government gave parents just 7 days to sign up for the voucher program. This meant that she had to get to work quickly in order to get the word out. Her group purchased ad time on different radio stations and also bought up billboards and ads on the internet. On top of this, the group worked with groups in the community and churches to inform parents. All of these grassroots efforts paid off, which led to the state considering expanding the program. Today, thanks to her efforts, there are close to 5,000 kids who are able to attend a better school.

 

On top of offering her time to support the educational choice movement, Betsy DeVos has continued to donate money. Most of her donations go through the Dick & Betsy DeVos Family Foundation, and it was recently discovered that she has donated millions of dollars to the educational sector. Many schools and younger students have benefited from her giving, and she plans on continuing to offer her help. In the end, it is all about the actions that a person takes to help out their fellow human being, and Betsy DeVos has proven she is a woman of real character and generosity.

 

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According to Dabie Tsai, Sound Accounting Practices Are Crucial to Every Organization

An audit partner for 11 years, Dabie Tsai was with KPMG for over 23 years. KPMG is a major global accounting firm and is one of the Big Four in the industry. Tsai’s role within the firm led her to living and working in its global locations in the United States, Canada, Spain and Chile.

Dabie Tsai was the Global Lead Audit Engagement Partner for the audit of one of the largest financial institutions in the world, and the lead partner for other large clients. Her experiences have provided her with expertise in corporate governance, US GAAP, SEC 33 and 34 Act filings, IFRS, risk management, internal control and more. She believes that the function of accounting serves as an organization’s measurement of overall performance from a financial standpoint.

As a CPA and established member of the accounting community, Tsai understands the critical role of accounting within the corporate structure and helping to meet corporate objectives. In addition to the key elements of performance, accounting is an integral companion to risk management. The impact of maintaining a strict level of corporate governance and financial oversight of the firm’s activities is great. In this digital and cyber world, a solid accounting structure will continue to play an essential role in every organization.

Dabie Tsai has prepared and implemented coursework for other members in her field of expertise on a national and international level. She has conducted training courses on the topics of technical accounting and auditing procedures, she is fluent in several languages, including English and Spanish. She currently serves as chairperson of the audit committee of Oxfam America, and she is also a board member of that organization.

Small and large companies have an equal need for sound accounting oversight. The accounting professionals are unique in that they are in an industry where the standards are constantly evolving. At the same time, the needs of a business are subject to changes of their own. According to Dabie Tsai, changes in the economy, technology, the competition, and other conditions can have an effect on organizational goals and objectives. Accordingly, it is in the best interest of every company to utilize the appropriate accounting procedures to meet their core objectives and, at the same time, deliver value to their investors, shareholders, and key executives.

Jason Hope Banks on Innovation and Smart Technology to Bring a Positive Impact to the Community

Jason Hope has been a strong supporter of SENS Research Foundation, a non profit organization that conducts research on anti-aging, for years. The organization exists with the support of researchers, scientists as well as passionate investors. Mr. Hope contributed his notable donation $500000 to the organization. The organization used the funds to build Cambridge SENS Laboratory. SENS Research Foundation has been making huge strides in coming up with innovative initiatives that fight aging. According Jason Hope, SENS focuses on finding cures for degenerative diseases that ages the body. Jason Hope is an accomplished investor, philanthropist and entrepreneur.

Born in Tempe, Arizona, Mr. Hope attended Arizona State University for his bachelor’s degree. He earned his MBA from W.P. Carey School of Business. He went ahead to establish a his successful career in business. He has done a lot of research in the Internet of Things (IoT) and its impact on communities, businesses and economy. He has published many materials on Internet of Things and he believes it comes with a lot of opportunities for growth. Internet of Things is the interconnection of devices such as home appliances, vehicles and much more with an intention of increasing their functionalities. About Jason Hope has a strong interest in the tech niche. He is particularly interested in IoT because of its benefits to the community.

Jason Hope also support various his philanthropic efforts. Apart from an interest in politics as related to business, philanthropy has become a focus for him. He has supported many organizations from many facets of life. He has been focused on improving the quality of life prolonging lives through anti-aging initiatives. The accomplished businessman doesn’t mind supporting an organization that challenges the normal school of thought and take up new challenges. He is interested in organizations that puts innovation first in their efforts to solve problems facing the community. Mr. Hope has built great investment insights and apart from being involved in his several businesses as well as projects, Jason Hope finds time to give back to the community as well as conduct research on niches that have the potential of impacting communities positively. He has developed an interest in automation as well as smart technology because his is a futurist.