News reports indicate that the City of Philadelphia recently filed a lawsuit against Wells Fargo & Company. The city is alleging that the bank dishonored the Fair Housing Act of 1968. It is argued that the bank used predatory lending practices targeting minority mortgage borrowers. However, the bank has denied the allegations noting that it has fair practices. Wells Fargo claims that the lawsuit is unsubstantiated. The City of Philadelphia filed the lawsuit on May 15 in the district court for the Eastern District of Pennsylvania in the US. The bank has been facing a series of scandals last year where bankers were opening bogus accounts in the name of its clients. Therefore, this lawsuit is the latest in the series of problems facing the large bank.
Philadelphia is the fifth largest city in the United States, with a population of 1.57 million people. The town has a large minority population with about 43 percent of its residents being black and 12 percent being Hispanic. The alleged lending practices of Well Fargo towards the minority population in the city hurt the city’s economy because most borrowers who applied for loans to refinance their mortgages had their applications turned down. That resulted in the foreclosure of the applicants’ homes. The city argues that the practice hurt the city because it caused lower property values in the affected locations, more frequent vandalism cases, and higher crime rates.
Wells Fargo has its headquarters in San Francisco. The City of Philadelphia also accused the bank of steering Hispanic and black borrowers into getting riskier loans than other borrowers with higher interest rates even if they qualified for low-risk and low-interest rate mortgages. The city claims that it investigated the claims for about one year before filing the lawsuit. The city also claims that black borrowers were twice likely to be given higher interest loans for loans with a repayment period of ten years. Additionally, Hispanics were 1.7 times likely to get riskier mortgage loans than other white borrowers. However, Wells Fargo disputed the claims made by the city through their spokesman.
About Karl Heideck
Karl earned his Bachelor of Arts in English language and literature in 2003 from Swarthmore College. He also received his Juris Doctor in 2009 from the Temple University Beasley School of Law. Heideck focuses practice in an array of areas such as risk management, civil litigation, compliance management, and helping clients throughout Philadelphia areas.
Karl is currently concentrating as an attorney dealing with bank litigations, fraud cases, and securities. Karl is also focusing on acquisitions, liquidity, transactions problems related to the mortgage crisis of 2008, and risk management. Karl Heideck has gained many years of experience working as a litigator.
To know more visit @: twitter.com/karl_heideck
The success of JHSF as a premium real estate developer for the high-end Brazilian sector is a story of innovation for decades. But, that was written and directed by José Auriemo Neto, the Executive Chairman of the real estate firm. The firm that was a residential real-estate developer, predominantly, spread its wings to other sectors of the business under the leadership of Neto. He paved ways for the firm into the retail sector, executive airport, and more. This helped the company to improve its brand building and earned the reputation of highest-quality real estate solutions provider.
As the Chief Executive of the firm, Neto oversees its public developments, hotels, commercial buildings, residential projects, and more. He is also strategizing and giving vision to the future plans of the business group and monitoring the projects that are currently undergoing. Neto joined the premium real estate developer in the year 1993 and helped it to create a service department in the year 1997 – Parkbem, a parking space management firm. In 2006, he assumed the role of the Chief Executive of the group and began with retail division by getting the rights for development of Shopping Santa Cruz. Subsequently, he supervised the entire development stage of the mall and directly managed its operations in the initial years.
In 2011, Neto was elevated as the Executive Chairman of the JHSF. Additionally, he made the firm partnering with many international brands and bring them into the Brazilian soil. Some of them are Pucci, Hermes, Valentino, Jimmy Choo, and more. It was also a point of innovation for the Brazilian retail industry, and it helped them to be integrated and competitive with international players. Neto attended his engineering at FAAP University and secured his Business Administration from FASE. He aspires to make Brazil as a hub for inexpensive real estate investment.
Matt Badiali is a senior editor at Banyan Hill Publishing. Banyan Hill Publishing is an independent research firm and publishing house. It specializes in the publishing of investment newsletters and research advisories. The company has grown its subscribers from 50,000 to 200,000 over the past two years. The company is based in Delray Beach, Florida. He is also an economist, research analyst, and an investment writer.
Matt Badiali puts a lot of time and resources in his investment prospects and research. He has worked in a number of countries including Iraq, Hong Kong, Singapore, Haiti, Switzerland, Turkey and Papua New Guinea among other countries. He has also gone to many oil wells and mines worldwide. Mr. Badiali has interviewed numerous Chief Executive Officers about their resource overlook and analyzed countless geologic data. Matt is experienced in the inspection of mines, consultation of environmental companies, drill rigs and also speaking at conferences on geology.
As a professional geologist, Matt Badiali during his researches likes to look at how skilled crews charged with drilling responsibilities are and how long it takes to drill a single hole. Before joining Banyan Hill Publishing, Badiali was a geologist for a drilling company as well as a consultant for an environmental company. The senior editor holds a Bachelor of Science degree in Earth Sciences from Penn State University and a Master’s degree in Geology from the Florida Atlantic University.
Banyan Hill hired Matt Badiali to be its Natural Resources Expert, given his knowledge and expertise in geology. He is in charge of carrying out research and providing investment opportunities recommendation on energy, precious metals, agriculture and other natural resources sectors for readers and subscribers of Banyan Hill newsletters. He is among the leading natural resources experts in the industry.
Before joining Banyan Hill, Badiali was an editor at the Stansberry Research. He acted as the editor of the Stansberry Research Report, which is an advisory providing information on metals, energy among other natural resources and is published on a monthly basis. He worked in the publishing house for over 11 years.
Badiali’s mission as an investment writer and researcher is to assist his readers to grow in knowledge and be able to protect their wealth. Despite the fact that his background primarily focusses on the identification of profitable opportunities in the natural resource sector, Badiali will also embark on finding new opportunities across the market suitable for investments by Banyan Hill subscribers and readers.
Equities First Holdings Australia is a global institution who provide financial solutions for businesses, corporations, and individuals who are applying for a stock-based loan or margin loan. It’s a global company with operations in- Hong Kong, Australia, Singapore, and North America. Many of the investors are able to chose lending options, such as competitive stocks and security.
Equities First Holdings Australia is a leader in financing. They have provided many individual’s and company’s with the money they need for financial growth. The lending opportunity rates are astounding, and professional experts are there to assist you with all your loan or financial needs.
American Airlines has used the same advertising agency for 25 years. Until, Lori Senecal became the CEO of CP&B in March of 2015. Before she served as the CEO of CP&B, Lori was the CEO for MDC Partners Network. The key role she played was to bring in new contracts for new clients. When it came to the position within the company, Lori was the perfect person for the job.
According to Campaignlive, Structure was established and the next step was developing the leadership team that would follow once Lori was confident that they were ready for their own roles in the business. Chuck Porter and Lori Senecal took the time needed to make thoughtful decisions about the leadership of the business. The role that Lori took on was only temporary. She took the role with the sole intention that she would depart once everything was established and the business was successful.
With the generation in leaders already in good shape, Danielle Aldrich has just recently taken on the role of President of CP&B West that includes offices in the Boulder and Los Angeles area. Previously, Aldrich was the managing director for the Boulder office and she had planned a role in the helping of landing the American Airlines account as well as an account with Hershey’s.
Currently there are 10 offices which are being led with passionate entrepreneurs that help to create a bigger, better version of CP&B. By establishing regional leaders, the resources are shared across all offices. For CP&B, they are always on the lookout for leaders who are built to bring out the best of the company. For this reason, Danielle is the perfect fit for the agency. Lori has the DNA built in for the hardest challenges she faces without blinking an eye twice to solve the hardest problems in a new approach.
Everyone who works for the agency has been hand selected to play a role within the agency. Each person who applies to the agency is carefully screened to ensure that they are the perfect fit for the company. That is why the agency is so successful. Follow her on Twitter
See more: http://www.adweek.com/tag/Lori-Senecal/
All over the globe, George Soro is one of the most philanthropic individuals working with open society foundations to fund democratic fronts. It is through his support to democratic ideals that he has grown to the level of being internationally recognized. Soros who is at his 87, born back in 1930 at Budapest is the chairman of the Soros fund management LLC. Since he started his donations, he has been marked as one of the most successful financiers in the globe’s history. This has contributed many people wishing to read his views about investment and economic issues with the aim of trying to learn and become successful just as he is.
To all the donations he makes, he focuses to those who face discrimination for who they are. He learned his charitable virtue to these target groups since he once experienced such a firsthand intolerance. This was so once he was living under the Nazis back in 1994 with his family when over 500,000 Jews were murdered. He and his family survived over a whisker, but it was out of false identity papers. He explains that they did not only survive but helped others, and this is how he learned the charitable virtue. After the war, he left for London in 1947 where he worked as a part time night club waiter and a railway porter where he worked hard to raise cash to support his education at London school of economics. After the completion of his course, he left for the United States where since then he has been working for his fortune and what George Soros knows.
Since he started these donations, he has made his contributions to over 100 countries around the globe without questioning about their race. To the open society foundations that he funds, they are state-owned organizations that are mandated in ensuring there are vibrant tolerant democracies. This major role is meant to guarantee that the respective government is accountable to their citizens. More to this, the organizations that he funds play a major role in fighting fascism by supporting refugees, minorities communities and the LGBT community and George Soros’s lacrosse camp.
To the money that is yet to be funded, the confirmation was made by an official in the open society foundations. He made the confirmation through an email sent to the CNN Money reflecting an ongoing process of asset transfer that has been ongoing for many years. The report about the transfer of the funds was later first reported by the wall street journal. According to the same official, he confirmed that Soros major plan is to leave the immense majority of his riches to the open society foundations.
Unlike other funding society’s, George Soros open society spends almost $1 billion every year to not less than 120 countries. This organization ensures that there is an organized front helping curb authoritarian tendencies in every part of the world. Clearly, George Soros has spent his money for the good of the minorities in the world. Moreover, most humanitarian programs will have some aspect of funding from him and Follow him Twitter.com.
More Visit: http://www.foxnews.com/world/2017/10/18/george-soros-transfers-18-billion-to-his-liberal-philanthropic-foundation.html
Seattle Genetics is the largest biotechnology company in the greater Seattle area. It is located in the Cascade Business Park on the north end of Bothell, Washington. The company’s is logo is a model of what a human’s antibody looks like. It was founded by Clay Siegall is the founder and top executive of Seattle Genetics. His goal in creating the company was to offer targeted drug therapies to treat different types of cancer. His company specializes in antibody-drug conjugates which are able to kill cancer cells from the inside which is much more safe and effective than the older, conventional ways of trying to treat cancer patients.
Seattle Genetics now has about 900 people employed and is worth around $10 billion. As a very successful company they will add another 200 people to the payroll by the end of 2017. Clay Siegall has said that his company is a multiproduct oncology company which has a now global footprint. Seattle Genetic’s first product on the market is Adcetris which has been shown to successfully treat lymphoma. Siegall says that there are several other drugs his company’s pipeline.
Trying to further expand the products that Seattle Genetics offers, they also made a $2 billion bid this past February on another cancer drug that another biotechnology company, Immunomedics, has on the market. The deal fell apart due to issues surrounding control of Immunomedics board, however. Still, this episode showed that Seattle Genetics has an appetite for expansion and the financial wherewithal to carry it out.
Clay Siegall started out in the healthcare industry as a researcher for the National Cancer Institute which is part of the National Institutes of Health. He then performed a similar role for Bristol-Myers Squibb Pharmaceutical Research Institute. It was this position that first brought him to the Seattle area. He decided he really liked the area and saw that there was a great number of people who had the skills and experience to work in the biotechnology industry who also lived there.
Due to his knowledge and skills, Dr. Clay Siegall has become a big part of Washington’s biotechnology industry. He has a seat on the board of directors for two other companies in the industry. These two companies are Ultragenyx Pharmaceutical Inc. and Mirna Therapeutics. These are in addition to his roles at Seattle Genetics which are president, CEO, and Chairman of the Board.
Most teenagers don’t have even a slight idea of what they want to do and achieve in life. Most of them are still struggling to find the purpose for their lives, however, just like other cases, there are always exceptions. Born in the year 2000, Sawyer Howitt is one of the youngest affluent entrepreneurs in the whole world. However, so many things remain unknown to many people about this young, savoir-faire businessman.
Sawyer is the project manager of Meriwether Group, a business development company located in Portland. Howitt oversees most of the projects that the firm does. He looks up to David Howitt, his father, one of the most prominent entrepreneurs in the globe and a proprietor with Meriwether’s Group. Sawyer works with his father most of the times, and this has enabled him to grow tremendously. When both of them are free, they enjoy taking photographs and listening to music.
Sawyer Howitt is a senior student in his second semester who has centered his studies, efforts, and internships in business and finance. Integrating analytics and artistry assists him in driving his work. At his young age, Sawyer has the potential to comprehend the financial and operational requirements of the business, while still realizing a brands ambiance, resonance, and correlation to the consumer. From complicated spreadsheets and shaded reports to filing and taking notes during crucial meetings, Sawyer is up for the task since there’s no job too small or too big.
There’s nothing as splendid as an ambitious young man who is not only committed to making his life better but also that of others. The scale of Howitt’s experience is varied and wide-ranging. In spite of his age, he has led various philanthropic groups targeted at supporting causes such as funding education and upholding the rights of women. Sawyer also guides international ethnic studies groupings, assisted in mentoring distressed youths and engaged several administrative internships. Sawyer was also an employee of Kure Juice bars where he learned the crucial job of customer service.
Sawyer works very hard, but it doesn’t mean he doesn’t take some time off from work. All work and no play is not his way of life. During his free time, Sawyer enjoys playing racquetball. He is very competent in it, and he usually plays for the Oregon Racquetball Club. Sawyer has achieved a lot irrespective of the fact that he has just completed his high school. So, age is never a limit. Read more: https://www.behance.net/sawyerhowitt
Ted Bauman is one of the professional editors serving at Banyan Hill Publishing. The experienced journalist joined the institution in the year 2013, and he has been working as the editor for several newsletters. These include Plan B, The Bauman Letter, and Alpha Stock Alert. All his publications specialize in asset protection, low-risk investment strategies, international immigration issues and privacy. At the moment, the businessman resides with his family in Atlanta.
In his entire successful career life, Ted has been trying to help people in the society to get in touch with the right resources so that they can live a sovereign life. The journalist wants people to be free from corporate and government greed. Because he has observed the activities taking place on the international platform, Ted feels that people are not given the right channels to air their grievances and live a free life. His family background has motivated his choice of career.
According to Ted portfolio, the businessman was born several years ago in Washington DC. However, he was brought up in Maryland’s eastern shores. When he was older, Ted relocated and settled in South Africa, and this is where he spent his youth days. After working hard in his studies, the businessman graduated from the popular university of Cape Town with a degree in Economics and History. After completing his education, Ted worked in South Africa for more than twenty-five years, and he served in several top positions in the corporate world. The journalist served in the nonprofit making section, and he changed the lives of billions of people from the needy communities. The businessman worked as a fund manager for one of the low-cost housing projects in the country for a long time. Ted founded an institution known as Slum Dwellers International. With his help, the organization has helped more than fourteen million people who are living in thirty-five nations.
In the 2000’s, Ted felt that it was time to change his career path. This was when he decided to serve the nation as a consultant who would spend all his time researching and writing about finance, urban planning issues, and housing. His clients were diverse such as the United Nation, the South African government, World Bank and several others. The businessman decided to return to the United States in the year 2008. Upon arrival, the journalist was hired by several institutions before he could venture into journalism in the year 2013.
Much is stated about the success and achievements of many people, but little is known of their troubles and challenges along that journey culminating in their victory. Well, truth be told; the journey to success is not always a smooth ride. To achieve, you must overcome hurdles and barriers you will encounter along the way. The success story of Greg James Aziz at National Steel Car is not different. He admits that getting the company to its current operation levels has not been a walk in the park, but he stands head high among the prominent figures that have propelled it to immense accomplishments. Read More On This Page.
National Steel Car is a railway freight and tank cars manufacturer. It has its headquarters located in Hamilton, Ontario. It has been in active operation for over 100 years. Over the years, the company has been quite an influential figure in automotive manufacturing that focuses on the production of high-quality units. Its distinct operation strategies are built on a strong foundation of excellence, setting it apart from other competitors.
Among the spear-heading factors in National Steel Car’s success is its exceptional and resilient leadership. The company is graced with a formidable team of influential leaders in all levels of production. Presently, it is under an actualized leadership of Greg Aziz, the Chief Executive Officer, Chairman to the Board, and also the firm’s President. For over 23 years now, he has been at the company’s helm and has managed to bring together outstanding talents from the field of engineering and technology. Utilizing their vast experience and unique skills, these experts have transformed National Steel Car into a great force in the industry, enabling it to accomplish even the most nerve-wracking projects.
Most businesses aim at growing and developing over time, and so does National Car Steel under the able chaperoning of James Aziz. The company has extended its operations to a global scale and exuded both excellence in engineering and manufacturing. Besides, the firm’s unique designs are unmatched, and the global market salivates for its products as they meet the laid-down quality standards. This explains the firm’s dominance in Northern America and worldwide spread of its consummate automotive power.
Gregory J. Aziz is a tested and proven world leader. Having attended his higher-level education at Western University and earned a Bachelor’s Degree in Economics, he joined National Steel Car. Here, his efforts have been inspirational through the integration of the firm’s strongholds that has gone a long way in shaping its amazing feats. He has bestowed upon it a sense of direction and purpose, making it the leading railway freight and tank car manufacturer.