Archive for March 17th, 2016

Helane Morrison’s Consistent Fight for Balance in the Corporate Sector03.17.16

The 2007-2008 financial crises served as an eye opener to the underhand deals and corruption in the corporate world. People were shocked as companies and banks that were thought to be reputable crushed. The crisis caused stock markets to collapse and unemployment to increase too. 

Investigations done post-crisis revealed falsified and destroyed documents plus false audit claims. People’s faith in the corporate world and banks was lost. Insecurity and mistrust of the corporate world set in. Unfortunately, the feeling of mistrust is still evident after nine years. According to a study done by Wall Street Journal, only 28% of the citizens think the economy is set on the right track. Moreover, investors and economist predict that the feeling of instability is unlikely to improve due to the upcoming 2016 election.

According to Yale Hirsch the founder of Hirsch organization, there is a correlation between presidential election, stock markets and the economy. Evidently, stock markets have been known to slow down as investors wait to see the impact of the election and the organization of the fiscal policy thereafter.

The upcoming election combined with the not forgotten financial crisis make people wary of investing. The safety of an investment is not entirely assured. The risk of being exploited by an unworthy financial planner is always there and the option of carrying all transaction solely is too cumbersome and with risks too.

Investing is almost a basic need to most people who want to live a better life that an average salary cannot afford. For successful investment, every investor needs a trustworthy person or firm to help them avoid the scams and corruption. A trusted and most reputable person in the corporate world is Helane Morrison.

Helane Morrison’s fight against corruption in the corporate world

Helane Morrison is the Chief Compliance Officer and General Counsel at Hall Capital Partners the largest firm in San Francisco. She has worked steadily to fight corruption throughout her years in journalism, legal work and government service. Prior to joining Hall Capital Helane Morrison was head at U.S. SEC where she responsible for litigation and securities enforcement. Helane Morrison practiced law at San Francisco both in private practice and as a law clerk in Supreme Court.

Morrison new cause is fight for gender balance in the corporate world. Born in Brooklyn, Morrison has a Journalism and law degree from Northwestern University and California Berkeley School of Law respectively. She serves as board member in great organizations such as the American Bar Association hedge fund subcommittee and Regional Parks Foundation.

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The Charity Genes of DeVos03.17.16

Dick DeVos seems to have set standards of philanthropy for his family and for the world too, for that matter. The name of DeVos is immediately associated with tons of money, especially within Michigan. An important portion of the charity goes to schools. A trend seems to be obvious here: Richard has a proclivity towards institutions that have a religious element in them. This, however, seems to be true only as far as schools go, for the DeVos’ accounts have also funded an unbelievable US $50 million for one of the hospitals in the area of Grand Rapids. 

Glad to see the Grand Rapids area make another “best of” list! Thank you all for your role in making our city great.

Posted by Dick DeVos on Friday, March 11, 2016

Dick DeVos shows that philanthropy in his heritage, although he has taken his father’s desire to serve the masses a leap further. Dick contested for the seat of governor in Michigan, and although he did not win, he has kept himself in the limelight by making generous funds to Bush when he was campaigning for the President of United States of America. Read about Dick DeVos’ political aspirations here.

Dick DeVos, together with Betsy (wife), is widely popular for a charity that is operated from their own home and that goes by their own names. They have also opened a school for the students aspiring to do aviation courses, keeping their institutions one of a kind by declining the fees for tuition. Dick himself is a pilot and is enthusiastic about spreading the joy of flight.

This step only shows the ambition of the couple to make their institution as accessible as possible to everyone out there, regardless of how much money they have. Betsy has her separate charity feats as well. In short, the entire DeVos family has a collective, and yet an individual, contribution to philanthropy, making the clan, in my opinion, one of the most valuable families in the world, both in terms of their bank accounts and in terms of their services to the public. 

Dick DeVos had an excellent educational and career record himself. Northwood awarded him Bachelors in Business with flying colours. Later, he went off to Harvard as well, but did not manage to obtain a degree from that institution. This, however, did not mar his attempts to gain a seat at Amway in the year 1974, marking the beginning of his professional life. He also served Orlando Magic by owning the CEO position of their basketball team. His biography can be viewed at http://dickdevos.com/biography/.

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