The Anatomy of Public Corruption

Showing posts with label Operation Varsity Blues. Show all posts
Showing posts with label Operation Varsity Blues. Show all posts

TPG Newbridge and TPG Growth - The Richard Blum Bribery Team

Cnetscandal.blogspot.com Cnetscandal.blogspot.com





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The Murder of Gary Vinson Collins walking distance to Hercules Capital




Cnetscandal.blogspot.com


You need a license to cut-and-paste this copyrighted news content. Use this link to purchase your paid subscription ($200/year for individuals and $1,000/year for companies of every size): https://endpts.com/subscribe Already a paid subscriber? Sign in to Endpoints News to remove this message. Hercules Capital $HTGC is scrambling to survive the big college cheating scandal, replacing CEO Manuel Henriquez after he was fingered as a principal player in a story that has been fueling outrage and headlines around the world. Scott Bluestein The venture-debt group, which has been a busy player in life sciences companies, says that Henriquez has voluntarily stepped down. He’s being replaced by Scott Bluestein, the chief investment officer, who becomes interim chief as they search for a permanent successor. Henriquez, who earned a compensation package worth more than $8 million in 2017, was accused of paying $425,000 to get his daughter into Georgetown. He was one of 50 rich and famous people who have been swept up in the story about payoffs and cheating used to get their children into elite schools. And it has proven instantly toxic to their reputations.
College Cheating Scandal
The root of College Cheating Scandal was an SEC Fraud Case in Southern District of NY. Few noticed that this story via TPG (private equity) connects to TPG Newbridge owned by Richard Blum.

After years of research on companies the following names consistently surfaced regarding companies such as PIMCO, PG&E, Bank of America, Wells Fargo and TPG. One key issue has been filing claims against public entities where I discovered the same investors (calPERS, CalStrs).
The Untold Story of CIA Director Porter Goss, The Murders of my Friends in Cape Coral Florida during the mid-70s





FBI Agent Frank Doyle Jr. Arrived at

Mainframe Designs Cabinets and Fixtures February / March 1989 Bennett's hand shredded left maimed for life Bennett's Business Under Attack His key witness murdered No one at Contra Costa District Attorney's Offices SHARED THIS WITH BENNETT, OR Judge PETER J. SPINETTA HE resides in Montana near land owned by









You feel the tragedy in his eyes.







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OBIT: Charles McGlashan, Marin County supervisor, dies

Charles McGlashan, Marin County Supervisor for the 3rd District, is also chairman of the new Marin Energy Authority, which in May began buying renewable power to supply about 6,000 residents and businesses in ... more
Marin County Supervisor Charles McGlashan, an environmental visionary whose efforts brought solar, wind and biomass power into countless homes and businesses, died suddenly on Sunday while vacationing in Lake Tahoe. He was 49.
The supervisor's death, caused by an apparent heart attack while wrapping up a ski trip, has shocked county leaders and environmentalists.
"He leaves us a legacy that is a beacon to other counties in our state and across the country," said Susan Adams, president of the Board of Supervisors.
Last May, Marin became the first couny to take advantage of a 2002 law allowing communities to buy electricity on behalf of residents. Despite strong opposition from Pacific Gas & Electric Co., more than 27 percent of the county's energy today comes from clean and renewable sources, exceeding state targets.
"Supervisor McGlashan pretty much single-handedly wrestled this over the finish line," Adams said, noting that the system has already repaid taxpayers' $950,000 investment.
Dawn Weisz, executive officer of the Marin Energy Authority that runs the program, credited Mr. McGlashan with helping clear the county of 68 tons of carbon dioxide a year.
"He was very passionate and enthusiastic about getting things going, and making the vision into a practical reality," Weisz said. "It's a great loss."
Green energy isn't the supervisor's only environmental legacy. An advocate of alternative transportation, Mr. McGlashan served on the board of the 8-year-old Sonoma Marin Area Rail Transit, and pushed for bike lanes along the rail line.
He also backed a successful effort to outlaw plastic bags in the county as of January.
"Charles wasn't just a Marin County environmental leader. He was an environmental leader for all of us in the Bay Area, and really showed what can be done at the local level when you have passionate commitment," said Joel Makower, chairman and executive editor of GreenBiz Group in Oakland. "This is devastating news."
Despite living outside of Marin, Makower hosted a political fundraiser for the future supervisor.
Mr. McGlashan won, and joined the board in 2005, representing southern Marin, which includes his town of Mill Valley, from which he often rode his bicycle to work in San Rafael.
Born in Hillsborough in 1961, Mr. McGlashan graduated with honors from Yale University in 1983. He earned an MBA from Stanford University in 1991, then worked as a consultant in environmental management and business planning.
He served on the Municipal Water District Board of Directors from 2003 to 2005, and on the Marin Economic Commission from 2001 to 2005. He advised a number of environmental groups including the Marin Conservation League and Sustainable Mill Valley.
The two-term supervisor was second vice president of the Board of Supervisors.
He went to Lake Tahoe with friends the other day "for a much-needed ski weekend," said aide Maureen Parton. As the group packed up to leave on Sunday, Mr. McGlashan stayed in the car as the others took a last-minute sweep of their cabin. Minutes later, they returned to find the supervisor slumped in the back seat.
"His passion and joy for the work of public service was without bounds," Parton said. "He changed the face of Marin."
Mr. McGlashan is survived by his wife, environmentalist Carol Misseldine.
The Marin County Board of Supervisors will remember Mr. McGlashan during today's meeting beginning at 10 a.m. in Room 330 of the Marin Civic Center in San Rafael.
A live video broadcast will be at links.sfgate.com/ZKXS.A public memorial is being planned.
E-mail Nanette Asimov at nasimov@sfchronicle.com.
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PIMCO Signs Up as First Client of Accenture's WEBeSTP Solutio

PIMCO IN THE NEWS  

Quick Facts




A PIMCO Project

PIMCO Signs Up as First Client of Accenture's WEBeSTP Solution
October 24, 2000


Leading Fixed-Income Manager Will Also Invest In Straight-Through Processing Solution
NEW YORK, October 24, 2000 – Accenture today announced that Pacific Investment Management Company ("PIMCO"), one of the world's leading fixed income asset managers, has signed a letter of intent to become the first client of WEBeSTP, the straight-through processing (STP) solution that Accenture is developing with industry participants and select service providers for the global investment / asset management community.
WEBeSTP is an Internet portal that will provide financial industry participants with a single automated point of entry for pre-trade, trade and post-trade activities. It will also link customer relationship management and enterprise resource management with real- time portfolio management capabilities. Its primary purpose is to help asset managers and other financial markets players reduce the costs and risks currently associated with the end-to-end process of securities trading.
Working closely with PIMCO, Accenture has defined the asset managers' requirements for a customer relationship management and market-data integration solution. Bloomberg, which announced its participation in WEBeSTP back in June, is working to develop the fixed income portfolio management and order management capabilities.
The securities industry today is being stretched to the limit by record trading volumes, extended trading hours, intense competition, changing customer expectations and the move to T+1 in the United States. A solution to this challenge is STP, an integrated approach to achieving automated, end-to-end trade processing through the trade's entire lifecycle, beginning and ending with the investor.
"From an asset manager's perspective, there are three primary drivers for implementing WEBeSTP – cost reduction, cost avoidance and risk reduction. According to the recently completed SIA T+1 business case, asset managers have the weakest return on investment economics. WEBeSTP is targeted to solve that problem," said Jim Honohan, partner, Accenture. "By leveraging the experience and knowledge of PIMCO and Accenture, we are able to focus specifically on what the asset managers' needs are in implementing an integrated STP solution."
"With increased pressure and competition, as well as heightened customer expectations, we have to focus now more than ever on strengthening our customer relationships and managing their portfolios. We were searching for a solution that would reduce risk and cost while allowing us to enhance our customer service, and WEBeSTP was the most comprehensive solution in the market," said Robert Ettl, Chief Information Officer of PIMCO.
"Finding a cost-effective STP solution is one of the greatest problems confronting asset managers. Our involvement with the Accenture WEBeSTP solution would be consistent with Bloomberg's commitment to provide STP solutions within a value proposition that enhances returns and will enable asset managers to focus on their core competencies of investment management and customer relationship management," said Lou Eccleston, director of global transaction and data services at Bloomberg.
Straight-Through Processing (STP)
STP solutions are needed to help financial markets firms meet the U.S. Securities and Exchange Commission's expected call for one-day trade settlement (T+1), as well as to meet the global demand that has resulted from the explosive growth of online trading. Presently, the entire trade lifecycle, from initiation to settlement, is a complex labyrinth of manual processes, taking several days. STP enables the entire trade process to be conducted electronically without the need for re- keying or manual intervention. When fully realized, STP will provide broker/dealers, asset managers, custodians and other financial services players with tremendous benefits, including greatly shortened processing cycles, reduced risk and lower operating costs.
WEBeSTP
The Accenture WEBeSTP solution was conceived and is being developed at the Accenture STP Center of Excellence, located in New York City. Accenture is in discussions with other select service providers and industry participants regarding their potential involvement in WEBeSTP.
About PIMCO 
PIMCO, with more than $200 billion under management, is based in Newport Beach, California. It is a subsidiary of the Munich-based Allianz Group, which is a leading global insurance company that is represented in 70 countries around the globe.
About Bloomberg
Bloomberg L.P. is a global, multi-media based distributor of information services, combining news, data and analysis for financial markets and businesses. Bloomberg provides real-time pricing, historical pricing, data, analytics and electronic communications 24 hours a day through 150,000 BLOOMBERG PROFESSIONALSM terminals used by over 400,000 financial professionals in 100 countries worldwide. Bloomberg's electronic trading products include: BLOOMBERG TRADEBOOK™, BLOOMBERG POWERMATCH™ and the BLOOMBERG™ Electronic Trading System. Bloomberg News, with 850 reporters in 78 bureaus, is live 24 hours a day over the BLOOMBERG PROFESSIONALSM service and is carried in over 850 newspapers worldwide. Bloomberg also produces a number of related print and electronic media products for distribution worldwide. These include BLOOMBERG TELEVISION® and BLOOMBERG RADIO programming, Bloomberg, Bloomberg Personal Finance and Bloomberg Wealth Manager magazines, The BLOOMBERG® Web Site (http://www.bloomberg.com) and the BLOOMBERG PRESS® line of investment books.
Accenture is the world's leading provider of management and technology consulting services and solutions, with more than 75,000 people in 46 countries delivering a wide range of specialized capabilities and solutions to clients across all industries. Accenture operates globally with one common brand and business model designed to enable the company to serve its clients on a consistent basis around the world. Under its strategy, Accenture is building a network of businesses to meet the full range of any organization's needs — consulting, technology, outsourcing, alliances and venture capital. The company generated revenues of $9.75 billion for the fiscal year ended August 31, 2000 and $5.71 billion for the six months ended February 28, 2001. Its home page is http://www.accenture.com.
A registration statement relating to the offering has been filed with the Securities and Exchange Commission but has not yet become effective. The shares may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the shares in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

This announcement appears as a matter of record only and should not be taken as an inducement or solicitation to subscribe for shares in any subsequent initial public offering.


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