Bruce Bent- Father of the Money Market Funds

A money market fund is a flexible correlative fund that invests in impermanent debt securities like commercial paper and the US Treasury bills. They strive to constrain exposure to depletion as a result of debts. Money market funds are widely known for being secure as bank deposits yet with a higher productivity provision. They are regulated in the United States under the Investment Company Act of 1940 and are important producers of liquidity to financial go-betweens.

Bruce R. Bent, an American businessman, is the man honored for the invention of the world’s first money market fund known as the Reserve Fund in 1970 together with his partner Mr. Henry Brown. While large-scale money was bought and sold before this invention, Bent and his partner came up with a formal way and developed other methods.

The money market idea crossed Bruce’s mind in August 1969 while evaluating the investment vehicles. He thought of a mutual fund that could facilitate rates of return at no market risk. This was to give investors fast liquidity and safety for their money more than anything else. He later adds that his background is inclusive of experience and knowledge of financial markets which allows him to grab opportunities that push for growth efficiently. Contrary to other financial instruments, money market funds hustle to regulate a constant value 1 dollar per share. Funds can pay the surplus to investors. The securities in which money market may buy stock include the commercial paper, repurchase agreements, and temporal bonds among others.

Background Information about Bruce Bent
Bruce Bent was born and grew up in New York’s Great Neck. He went to St. Aloysius School and attended Great Neck North High School. Before joining St. John’s University, Bent worked at the Great Neck Post Office as a mail clerk and carrier and also served in the Marines. He graduated in 1961 from St. Johns University with a Bachelor in Economics degree.

After completing his studies, Bent began his career at Wall Street as LF Rothschild and Company Inc’s managing partner. He then moved to TIAA-CREF pension firm two years later and met his eventual business partner, Mr. Brown. The two established Brown & Bent firm in 1968, and in 1969, the idea of money market funds was born.

For more information follow Bruce Bent II on Twitter.

Cancer Treatment Centers of America.

Cancer Treatment Center: A Place of Hope:

Cancer is the one disease that mostly everyone fears and for very good reason. Cancer can be a difficult disease to treat but you can not give up hope. Sometimes Cancer can be successfully treated and the person can go on to live a productive and full life.

Cancer Treatment Centers of America is a place that can treat a variety of Cancers. Cancer Treatment Centers of America can provide excellent care for anyone battling the disease of Cancer.

The treatment center has a staff of fine physicians and nurses dedicated to helping those who are trying to beat Cancer. Cancer Treatment Centers many times treat Cancer patients with Chemo-Therapy and radiation or both.

Staff Provides Emotional support to Cancer Patients:

According to this article, caring physicians and nurses can also provide emotional support and care which can make a huge difference in the life of a Cancer patient. The treatment center is capable of treating a variety of Cancers with the latest and most advanced treatment options. In addition, all patients will undergo continuous blood testing and monitoring to track any noticeable changes within the body during their treatment.

Cancer Treatment Centers of America will do whatever possible to make the lives of Cancer patients more tolerable and pain free. A diagnosis of Cancer can change ones life forever. However, it is good to know that there is a place a Cancer patient can go that offers hope and can give the patient the strength to carry on.

Recovery from Cancer Has many Variables:

Remember Cancer is not an automatic death sentence. In some cases, patients can make a complete recovery even when the odds were originally against them. Sometimes patients experience a miraculous recovery.

Recovering from Cancer can many times depend upon the type of Cancer, the treatment plan, the Physician and the attitude of the Cancer patient. Recovery from Cancer can result from a combination of many factors.

For more information follow CTCA on Twitter.

A Typical Day in the Life Of Lori Senecal

According to Salary, when Lori Senecal is asked about her typical day, her answer is waking up to some physical activity and then going to meetings. Among the people she meets with are her clients. With her clients, she talks about the business and the promotion that they are running. This brings forth the campaign that people want to use for their business promotions. One good thing about Lori Senecal is that she encourages people to be specific about their advertisements. When people advertise a specific product, they are calling for people who want this specific product so that they will make the most sales.

In an article on The Drum, as one would guess, Lori Senecal’s day is very productive. This is one of the reasons that she is one of the most successful business owners in her industry. She is someone who thinks globally. This is why the businesses she takes over grows very rapidly and becomes a global enterprise. While many other business owners of advertising agencies have no ambition to take it global, Lori Senecal sees the advantage of businesses going global. Therefore, she does everything she can to take the business worldwide. She knows the pace to take when it comes to growing the business.

One thing that people will be able to admire Lori Senecal for is her sense of self knowledge. She is someone who understands what she can do. She is also able to grow by taking on situations that make her uneasy. Given that she is someone who is shy and introverted, she has had to learn to function in society by talking to people. This has started out as being uncomfortable for her. However, all it took was for her to become familiar with the activities and she has finally learned to take on different challenges that bring out her assertive side. She recently spoke at the 3% conference.

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Securus Technologies – Decades of Experience in Inmate Communications and Crime Prevention Technology

Securus Technologies is one of the biggest firms in the field of inmate communications and correctional technology and has served more than 15 million customers till date. The company has product and services for the correctional sphere that serves the inmates as well as the law enforcement officials and agencies. At present, its services are used by over 3,450 law enforcement agencies and over 1,200,000 prisoners. The company believes in using the power of technology to make the incarceration experience better.


Securus Technologies recently released a media news release online to showcase the goodwill the company has generated among the law enforcement officials across the country. The company receives hundreds of letters from the law enforcement staff members who use the services of Securus Technologies on a daily basis. In the press release, the company has taken some of the comments from the letters and published to help the people understand precisely how Securus Technologies play a pivotal role in helping law enforcement officials catch the offenders.


I have been with the law enforcement agency for over two decades and found the services of Securus Technologies, such as Investigation Pro, extremely helpful. Previously, even if the police used to catch the offender, they would get away easily due to lack of information.


However, services of Securus Technologies makes it easier for us to get the information we need to not only prevent crime and catch the culprit but also get the evidence that would stand on its own in the court of justice. It is very crucial for us as law enforcement officials to see the culprit who we know is wrong to get the punishment he or she deserves, and not get away due to lack of evidence. I am thankful to Securus Technologies for changing that for us, and ensuring our efforts does not go in vain.

UKV PLC Helps To Choose French Wines

Any French sommelier will insist that the region where wine gets produced is as important as the kind of grape being used to produce it. This is because even though wonderful wines are being produced all across France, but there are a few notable regions that any novice must be well aware of.

UKV PLC considers one of these regions to be Burgundy. This is a place where both red and white wine is produced. In Burgundy, the Reds are the Pinot Noir variety. This has a complex and earthy note. In the case of Burgundy whites, Chardonnay grapes are made use of. These have mineral as well as light fruit flavor. UKV PLC As talks about this eastern region as it has been cultivated for making wine for many centuries now. Today Burgundy is enjoying a legendary reputation for these vineyards. The local wines like Côte de Beaune Chardonnay will always demand a high price.

Another region suggested by UKV PLC is Bordeaux. It is located on the Atlantic coast. This region has been transporting wines to a number of foreign countries since centuries. The vineyards of Bordeaux are producing medium-body reds. These are blended from different grapes. Hence based on the appellation, there may be Cabernet Sauvignon, or Malbec, or Cabernet Franc or even Merlot in a bottle of Bordeaux. All these can be supplied by UKV PLC wines. Bordeaux is a large region. There are nearly 10,000 producers here. The local wines from here can be of any range.

Meet Sheldon Lavin, the Man Behind the Success of OSI Group

Sheldon Lavin joined the meat industry approximately 43 years ago after his successful career in the banking sector as well as owning a consultant firm. He became the chairman and CEO of the OSI Group and has since converted the corporation into an international supplier of food products. OSI Group has approximately 20,000 personnel internationally. Sheldon brags of the little employee turnover, which he attributes to the family-oriented culture at the firm that ensures their longevity.

Sheldon Lavin first joined the meat industry in 1970 after he organized financing for Otto & Sons, which was at the time the name for OSI Industries, LLC. In 1975, Sheldon became more involved as Otto & Sons were looking at investments abroad. As such, Sheldon was appointed as a partner together with the two sons after the retirement of their father. Afterward, Sheldon agreed to join the corporation on a full-time basis after he was impressed with the business culture and strategies that the firm employed.

OSI Group then began its journey of expanding through North America and Europe in the 1970s. In the 1980s, it moved to Taiwan and South America. Afterward, it expanded to Australia, China, Japan, South Africa, and the Philippines. By this time Sheldon had gained 100% voting control of the firm. Currently, the OSI Group has over 60 facilities in 16 nations around the universe. Additionally, Sheldon is an active philanthropist involved in numerous charities such as Ronald McDonald House Charities, Jewish United Fund, Evans Scholarship Fund, and Boys and Girls Clubs of Chicago among so many others. Contact with Lavin .

On February 20, 2016, Mr. Lavin was awarded the Global Visionary Award by India’s Vision World Academy in a ceremony held in India. The Global Visionary Award recognizes visionaries in different sectors that have accomplished their dreams through persistence and perseverance. He got the awarded during the fifth time that the Academy was honoring distinguished visionaries.

Additionally, OSI Group has won other vital awards including the Globe of Honour Award given by the British Safety Council. The award recognized corporations that had developed creative techniques of minimizing environmental pollution. OSI was also ranked the 66th company in the food and beverage market and named the leading firm in the universe by Forbes. All these awards were made possible because of Sheldon’s impeccable administration. for more .


José Henrique Borghi Comes Highly Recommended in the Advertising Industry

Are you wondering where to get advertising help in Brazil? Do you want to generate more customers to your business and sell more products? José Henrique Borghi and his ad agency can provide the advice or guidance you need to promote your business and become successful.

Advertising is critical for business and entrepreneurs, and it is advisable to seek expert help. Trying to reach a large audience for your products is not something to be handled be an amateur or inexperienced marketing firm and Borghi’s lacrosse camp.

There are certain issues you need to take into consideration before hiring an ad agency. The advertising agency should have strong evidence to show that they deliver on their promise. It is not enough to say they are marketing or advertising experts. Ask the professionals at the agency about the strategies and techniques they use in promoting their clients’ business and products. Find out about the various media platforms and marketing promotion outlets they usually work with and which ones are suitable for your project.

Also, it is important to find out how often you will be updated on the progress of your promotions or how your ad campaign is performing. You will also want to know what sort of notifications or metrics will they send you about the success or progress of your advertising or promotion. Make sure the marketing or advertising company provide you with specifics, which will enable you to make an informed decision and more information click here.

José Henrique Borghi runs a prominent ad agency in Brazil, Mullen Lowe. This excellent firm has a team of highly reputable marketing and advertising professionals. José Henrique Borghi and his dedicated team of advertising specialists have been catering to organizations and business people all over Brazil and they can meet your needs.

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How Jim Dondero’s Assertive Investing Pays Off

Jim Dondero of Highland Capital Management, L.P., is not someone that at first blush you would think is a person who makes bold investing choices. He is very modest and comes across as unassuming. However, his ability to make daring investment decisions in one of the key reasons that the company has been so successful investing in alternative investments. Two of his big calls recently were in Argentina as well as master limited partnerships after those had been hard hit. He is the President of the company as well as one of its co-founders.

In 2012 during the midst of Argentina’s debt disaster, Jim Dondero started heavily researching the country’s situation. After several trips over two years, he and his team determined that the country would turn things around due to Argentina’s rich natural resources, educated populace, and strong infrastructure. He took a large position in the country’s sovereign debt, up to almost 25% of one his fund’s assets. This paid off very well when the bonds that Highland Capital Management has bought for 70 cents on the dollar each ballooned to 120 cents on the dollar.

Around the same time he started investing in Argentina, Jim Dondero saw an opportunity with master limited partnerships (MLP) being a great investment. Usually these trade in correlation with the price of oil and gas, however, they had dramatically gone down far more than the price of gas and oil had. MLPs don’t pay out based on the price of gas and oil but instead on how much volume flows through the pipes. Jim Dondero put a large amount of investment into MLPs which quickly paid off with a huge return of 18.3%.

James Dondero has been in the financial industry for over three decades. He co-founded Highland Capital Management in 1993 and was instrumental in the company’s initial success investing in collateralized loan obligations. He is deeply experienced in alternative investing including REITs, ETFs, hedge funds, and private equity funds.

It was in 1984 that Jim Dondero first started in the industry, working as an analyst at Morgan Guarantee. He had also worked for American Express and Protective Life before forming his own company.



Get Cash Fast By Using Your Stocks

If you are in need of fast cash and you own equities, the chances are good that you can get a fast loan using stocks as collateral for a loan. It makes no sense to sell your stock to get some fast cash, since you have to pay broker’s fees, and really do not want to divest yourself of the stocks.

If you see a bank or a conventional lender, they are likely to lend against your equities. However, there are certain equities against which they will not and can not lend. There are government regulations that prevent lenders from using certain stocks as collateral.

The bank will want a business proposal detailing the use of the loan proceeds. Their interest rate will be very high compared to other loans. They will lend only up to 40% of the value of the stocks. Then, it will take some time to fund such a loan.

You figure that you could sell the stocks and get more money, and get it faster. But wait! Don’t sell those stocks!

AT Equities First AU it is very different. They will take your stocks as collateral on a loan of up to 80% of the value of the equities. More Here .

They have no restrictions on the types of stock they can use as collateral, since they are a private company, and the restrictions do not apply in that sense. They do not need to see a business proposal. they figure it is your business what you do with the loan proceeds. Their interest rate is among the lowest in the business. Their funding is fast and convenient. It simply makes better sense to talk to Equities First AU first! for more .

Chris Burch Invests in a Beach Hotel in Indonesia

Chris Burch has founded and cofounded several international retails like Tory Burch and C. Wonder. He is now taking his entrepreneurial eye to the hospitality industry. Chris bought a beach hotel on the Indonesian Island of Sumba together with James McBride in 2012. James is an hotelier. The two investors renovated the hostel at the cost of $30 million. They later reopened the hotel known as Nihiwatu as a five-star in 2015.

Nihiwatu received an award as the best hotel in the world in 2016 by Travel+ Leisure. During an interview in 2015 with Business Jet Traveler, Chris said that he purchased the hotel for his children and as a piece that he hopes to preserve and give back to the community’, check this on  Chris added that Nihiwatu has turned into something greater than he expected, saying that it is a rare occurrence since in business things don’t always turn out as expected.

Chris Burch divides his time between the Hamptons, Miami, and his resort in Indonesia. Nihiwatu has 27 villas including Chris’ private home and Raja Mendaka. Additionally, the section has four other villas and the main house, with each villa having a private plunge pool. His private home is available to guests. The best part is that guests who stay at the plunge pool get beautiful views over Nihi Beach across the Indian Ocean. Visitors also enjoy a large indoor-outdoor entertaining area. Nihiwatu is nicknamed “The Edge of Wilderness.”

The hotel has a beach spa, though guests can still enjoy treatments from their rooms. It features traditional Sumbanese antiques, Ikat prints, and local wood. Additionally, it has a wellness center that offers daily group yoga sessions. Instructors normally hold sessions customized to the needs of an individual. Nihiwatu has become the largest local employer on the Indonesian Island. The two investors give a portion of Nihiwatu’s profits to the Sumba Foundation. The organization funds projects to assist the local community.

About Chris Burch

Christopher Burch is the chief executive officer and founder of Burch Creative Capital. Burch is an active investor, who has invested in a variety of businesses in a broad range of industries. He is the co-founder of Tory Burch, which is a luxury fashion brand. Chris has always had devotion towards the power of branding. Additional article on

Currently, Mr. Chris is applying his keen sense of sales and marketing to business interests ranging from financial services, consumer products, technology, and hospitality. His career started as an undergraduate at Itchica College. They started Eagles Eye apparel together with his brother, and by the time they were selling the business, it had grown to $165 million.  More interesting news here.

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