George Soros, a Pacesetter in Philanthropic Pursuits Pushing for Reforms through the Open Society Foundations

George Soros has shown a vivid commitment not only in his career but also in his profound philanthropic works. He has received worldwide recognition with his generous acts and has a record of giving away over $32 billion from his individual fortune in the funding of the Open Society Foundations. Other than this, he is also the main funder of Central European University which he founded in Budapest and is now a leading social science study center in the region.

While at service in the Open Society Foundation, the initiative has been of great support to global organizations and individuals who seek to fight for their freedom and bring governments to account for injustices. The Open Society Foundation also champions for education to all children and has sponsored thousands of underprivileged students giving them an equal opportunity regardless of their background. The foundation has majorly focused on the minority groups in the society and those facing injustice simply for who they are. This includes drug users, LGBT people, and sex workers.

George Soros was motivated to support these pursuits as a result of his experience with the Nazi occupation. He was born in 1930, in Hungary, and survived the 1944-1945 tragedy which resulted in the killing of more than 500,000 Jews. George’s family was Jewish and was lucky to escape the incident by securing fake identity papers and also helped others do the same. Other than submitting to oppression, they sought out to fight the forces and came out stronger. Lucky enough, they were able to go through it, and Soros pledged to uplift the souls giving up on social injustices and learn more about George Soros.

George Soros left for London where he worked partially as a railway porter and partly as a night-club waiter to cater for his education at the London School of Economics. He later moved to the United States where his career in finance investments commenced. George initiated his own hedge fund, Soros Fund Management in 1970, which became a breakthrough for him to becoming the county’s most prominent investors in history. He acquired a fortune here and used it to start up the Open Society Foundation. The foundation has networked with numerous associations and is in operation in over 100 countries.

George Soros began his interest in philanthropy in 1997 when he was dedicated to offering scholarships to the apartheid-affected black South Africans. He also supported open exchange ideas of the Communist Hungary in 1980 and participated in funding their academic visits to the west. Soros created the Central European University after the Berlin Wall Fall, a center that targeted to foster critical thinking. Gradually, his works crossed boundaries to the United States, Latin America, Asia, and Africa to support the forces that pushed for transparency and accountability and Follow him Twitter.com.

His generosity has grown beyond his foundations, and he has been seen supporting independent organizations which include the International Crisis Group, Global Witness, and the European Council on Foreign Relations among others. Soros has now hit his 80’s and is still actively involved in the Open Society Foundation operations. In 2017, the foundation made it clear that Soros had moved $18 billion of his fortune which would be used to support the future work of the foundations. Soros has built a great legacy for himself which has proved worthwhile in solving the world’s most disturbing issues.

Other Reference: http://money.cnn.com/2017/10/17/news/george-soros-18-billion-open-society-foundations/index.html

How Investment Banking can Improve Finances

With investment banking, a client does business with the bank by way of transactions which may include underwriting, issuing securities, acquisitions, or mergers. There is no deposits given to the bank. This differentiates an investment bank from a retail or commercial bank. Instead, the business operates on two main lines. These lines are called the buy side and sell side. Those who have not done investment banking before would discover that it is a completely different world to other forms of banking. There is a lot of ways of operating business that is completely different from other types of banks.

The core activities of investment banking involve different types of office activities. There are activities done in the front office, middle office and the back office. It is also important for the individual to know that investment banks come in different sizes. They also provide services to individuals, small businesses and large corporations. The larger banks will offer all types of business on the sell side and the buy side. The smaller investment firms will focus on sales, trading, research and investment banking. The type of business that someone is looking for should help him figure out the size of the bank that he must join.

When it comes to providing services for corporations, the investment banks focus on providing corporations with information that tells them everything they need to know about placing securities on an open market. This activity is actually of great importance to the reputation of the bank. In this case, the role of giving out new offerings in security that the investment banks play is a very important role. The investment banks need to provide accurate information so that the corporations can make the right investments. Faulty information could be very costly to the investment firm.

When looking into the field of investment banking, it is important for the interested individual to look to trustworthy sources in order to get all of the helpful information so that he could make the right choices. Among the trustworthy sources is James Dondero. James Dondero is the President of Highland Capital Management. He has also co-founded this company. James Dondero has worked in the credit and equity markets for more than 30 years. A lot of his work deals with high-yield investments. He has started Highland Capital in 1993. He has sense then been making an impact in investment banking.

As with many other activities that are related to finance and investments, knowledge is the key to success. When one has enough knowledge and acts on that knowledge, he will make all the right choices in investment banking. Investment banking can bring a fortune to people who try it out. If they are wise in their investments and do the necessary research, they will be able to make a fortune. Part of the research includes knowing the type of bank to join for all of the needs of the investment banker. The potential investment banker must also look at what types of activities he is going to need to participate and create an account accordingly.