Author Archives: FitGuru

Anil Chaturvedi- Brilliant financial expert and seasoned banker

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Anil Chaturvedi is a seasoned banker who has been in the banking industry for the past four decades. He is among the people who understand the financial industry very well and have made a fortune through the various activities they do through this organization. Chaturvedi has a good reputation in the industry as one of the brilliant minds in the industry. In the over 40 years that he has been in the industry, he has worked with different organizations which have enabled him to gather knowledge and knowledge about the various issues that are experienced in the industry. His experience has been through working with people who have experience and dedication to excel in the financial industry.

The experience Anil Chaturvedi has gives him the necessary financial wisdom to make decisions even when the market seems to be unfriendly to investors. He is able to make profits while other people are making losses; that the beauty of Anil Chaturvedi experience. When there are grave matters that are affecting the financial industry, banks and financial companies will normally come to Chaturvedi to seek assistance on how they can manage the situation. His opinion about various issues that may be affecting the financial industry is considered an authority. Not many would even attempt to go against his opinion. When people call him a guru, it is precisely because of such services.

Anil Chaturvedi holds Masters in Business Administration. After his masters, he joined State Bank of India, which is one of the reputable banks in the country. He was given the position of marketing and business development and marketing. In just four months that he was working for this bank, he managed to make over $500 million for the New York Branch of this company. This is an accomplishment that not many people have ever managed. While he was working with the State Bank of India, his work was so good that he was even selected as the banker of the year. He left this bank in 1991 and went to another bank known as ANZ Grindlays Bank. Here, did not last long in this bank he moved on to Merrill Lynch where he worked for 17 years. At Merrill Lynch, he marked his position in the banking industry not only as a banker and financial expert but as a top executive in the global financial sector.

Randal Nardone: The Investment Guru you should All know

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Randal Nardone is a teacher by profession who acquired his teaching qualifications degree in English and Biology from the University of Connecticut. He is a Co-founder of Fortress Investment Group, asset management and investment group that offers investment advice to private clients while participating in private businesses of buying and selling assets. Currently, Nardone is the sitting Chief Executive Officer of Fortress Investment Group where he has the responsibilities of overseeing and managing more than $43.6 billion worth of assets. Randal is in charge of all financial and legal matters at Fortress Investment Group while at the same time taking charges of Fortress Credit Corporation and Fortress Credit Investment Fund IV.

It is also worth highlighting that he serves as the Director of Fortress Registered Investment Trust. His previous work experience was at UBS where he held the director’s position between 1997 towards the middle of the following year. Additionally, Randal Nardone has served as an executive committee member at Thacher Proffitt and Wood. Nardone has been a board member in various entities where he has been offering critical support to the development of companies. Some of the organizations where he has operated as a board member include the Brookdale Senior Living, Eurocastle Investment, and Gagfah. He is an Executive Management Member of New Residential Investment Corporations. Moreover, Nardone has been serving as the President of NCS and the vice president as well as secretary in Newcastle Investment Holding.

It is worth highlighting that Randal Nardone serves in other boards of directors in different organizations. His greatest achievement is the formulation of Fortress Investment Group which offers asset management to its clients around the United States. The organization has a high reputation in the industry due to the expatriate services it offered to its customers. Despite buying low-value assets and selling them later at large profit margins, Randal Nardone is credited due to his ability to register Fortress Investment Group at the New York Securities Exchange. Fortress Investment Group became the first asset management entity to be registered for public trading changing the dynamics of the industry. Lastly, Randal Nardone is a billionaire and has been listed in the Forbes Billionaire’s list in the year 2007. During this period, Nardone was estimated to have assets worth more than $1.8 billion. Surprisingly, Nardone achieved this mark after the organization went public with its initial public offering in the same year. Randal ranks 557th billionaire on the Forbes Billionaire’s list across the globe.

The growth of the largest food business-OSI Group

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OSI Group is a company that produces food products. It is one of the biggest private companies in the world. It is a global company that is supplying its food products to over 17 countries and 65 facilities in the world. With its headquarters in Aurora, Illinois, the company has gone out of its way to ensure that their products are enjoyed locally and internationally. OSI Group has been running an expansion program which is meant to facilitate the development of the business. The company has been expanding to all continents as it tries to get its products to as many as possible.

OSI Group was started in 1909 by a German immigrant known as Otto Kolschowsky. As the company grew, it was renamed Otto & Sons after he brought in his two sons, Arthur and Harry to assist in managing the business since it was growing rapidly. The growth of the company would gain momentum from 1955 when the McDonald’s was started and contracted it to supply hamburgers. The growth of the McDonald’s was rapid and forced McDonald’s also to step up and match up the demands coming from the McDonalds. In 1970s OS setup facilities to be producing only hamburgers which were needed by the McDonalds and more

The management of the OSI group set up the first food processing plant that would be used to serve the needs of the McDonalds only. There was also pressure to move internationally as McDonald’s had already opened up branches in other countries. With the management of the company as it was, they were overwhelmed by the operations and needed someone who would come into the company and help them deal with the running of the business. In 1975, Sheldon Lavin was brought into the management as an equal partner to the sons of the founder. He was previously an executive in the banking industry and would assist the company in running global business operations.

Sheldon Lavin joined the company when it only had one processing plant and one client. Over time, he has managed to change the situation. He wanted the company to run independently and not just to follow what McDonald’s was doing. Over the years, he started expanding the company operations to other countries. Currently, Sheldon Lavin is the CEO of the OSI Group. He has moved the company from low to high through passion and commitment to the organization. The success of the company is a direct input of Sheldon Lavin.

Jay-Z’s Buddy Juan “OG” Perez Gets Birthday Bash To Remember

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Juan “OG” Perez just got treated to a 50th birthday party to the tune of $113,000, by none other than hip-hop super-mogul Jay-Z. Who is this lucky guy, you may be wondering? Juan “OG” Perez is one of the men behind the man, Jay-Z’s longtime friend business partner.

In 2003 the friends opened their first sports bars and lounges around New York, expanding over the next 11 years to include spots in Atlanta, Atlantic City, and Las Vegas.

Jump ahead to 2013 and the pair were moving on to their next venture, Roc Nation Sports, a new sports agency. Spring of that year would see them snapping up Yankees second baseman Robinson Cano as their first client. This coup was soon followed by other big names in the sports world, including Kevin Durant, then of the Oklahoma Thunder.

According to their mission statement, Roc Nation Sports aims to bring the same kind success to their client athletes that Roc Nation has brought to their stable of artists, whose roster includes such big names as Rihanna, Shakira, and J. Cole.

The relationship between Juan “OG” Perez and Jay-Z, both a business partnership and a close friendship, is a testament to Jay-Z’s focus on the importance of family. Keeping family at the center of things has been central, it seems, to the success of the Roc Nation Empire. Perez’s wife Desiree Perez is even in on the act, serving as Chief Operating Officer of Roc Nation. Although they’ve both managed to stay out of the public eye, their importance to the sprawling business is obvious.

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Peter Briger, the Co-Principal at Fortress Investment Group

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Peter Briger is a leader, a businessman and a private equity investor. The professional is based in San Fransisco, California in the United States. Briger has gathered real experience in the field of assets management in the US. For over two decades now, the businessman has been in the field. This has made him very smart at whatever he does. Currently, Peter serves as a co-principal at Fortress Investment Group. The investment firm’s headquarters are located in New York. Peter also serves as a co-chairman of the company’s board. He was elected to this position in the year 2009. Fortress is a leading investment management Organization in the US. The firm oversees assets and caters for both Institutional and private investors. Currently, the firm manages assets that tally to over $65 billion.

Since joining the firm from Goldman’s Sachs, Briger has guided the organization through various investment operations. He has undertaken multiple roles in the company since the year 2002. Currently, he oversees real estate business and the Investments Group’s credit funds. Briger graduated from the University of Princeton. He holds an MBA from the University of Pennsylvania’s School of Business. Previously, he served at Goldman Sachs. While in this company, he oversaw operations in several business areas. Additionally, he served on various committees. Briger maintained responsibility as the co-head of the organization’s Fixed Income Principal investments group. Peter Briger has been very disciplined in his business. With the financial crisis that has been witnessed in the rearview mirror, Peterr remains hopeful. He sees an ample opportunity that will make a profit from distressed assets. His primary emphasis is in the financial sector.

Peter reported that most of the banks have recovered from the 2008 economic depression. However, political and regulatory changes have continued to suppress the banks to change how they conduct their businesses.For example, the Dodd-Frank regulation forces banks to necessarily hold high-quality assets on their books by requesting for massive capital reserves against assets that are deemed perilous. This kind of issues subjects banks into immense pressure to sell all those risky assets so that they can boost profits on equity. This is the kind of opportunity that entrepreneur Peter Briger is awaiting to capitalize. Peter Briger believes that even in history, such opportunities always dries up, but another one still presents itself. When it comes, Peter Briger will be there waiting to pounce on it, ready to capitalize on it once more.

Lacey and Larkin react to Arpaio’s pardon

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Joe Arpaio is the former sheriff of Maricopa County who was behind numerous case of human rights violations including the illegal arrest of journalist Michael Lacey and Jim Larkin, the founders of the Village Voice Media and the Phoenix New Times. Joe Arpaio was a notorious sheriff when it came to violations of human and civil rights. Learn more about Jim Larkin and Michael Lacey: and

He treated minority groups in the county with suspicion even when they had not done anything wrong. For instance, many Latinos were arrested and incarcerated for suspicion of not being legal occupants of the United States. The arrests were made haphazardly even without verifying if one was in the country illegally or not.

Michael Lacey and Jim Larkin were publishing all the crimes that Arpaio committed. The two felt that there was a need to make the sheriff pay for the sins which committed.

While he was in the seat of the sheriff, he used his powers to derail investigations into his conduct. However, after the expose done by Lacey and Larkin, his actions became known to the public. His crimes could no longer be addressed indoor. Finally, there was a lawsuit against the sheriff.

The lawsuit exposed what was going on in the country and the infamous Tent City concentration camp. From the information given by those who had been victimized, the allegations against the sheriff were enough to open a case. Most of the crimes he had committed involved discrimination of the Latinos and other minority groups in the county.

In the court, Joe Arpaio was warned about harassing the immigrants. He was ordered by the courts to stop any further arrest on suspicion. He, however, did not listen to any of this; he continued profiling the immigrants based on their origin.

Arpaio continued with discrimination of immigrants until such a time when his actions were widely publicized. Lacey and Larkin played a critical role in exposing the rogue acts of the sheriff.

Lacey and Larkin continued with the investigations on the conduct of the sheriff until such a time when the sheriff became angry with them and decided to revenge by ordering for their arrest.

Arpaio had created a special team to investigate the conduct of the two. Lacey and Larkin got wind of the plan by the sheriff’s office to investigate them, and that is when they decided to publish this information in the Phoenix New Times. Lacey and Larkin were released after 24 days. They reacted to this illegal detention by filing a suitcase in which the state awarded them $3.7 million.

Joe Arpaio had his time in court in 2017 where he was found guilty of harassing innocent immigrants and racially profiling them. He was to be sentenced in the same year, but this did not happen. Read more: Jim Larkin | Facebook and Michael Lacey | Twitter

One of the key allies of the former sheriff was the president of the United States. President Trump had just been elected president following heated campaigns where he pledged zero tolerance on illegal immigration.

To show that he was serious about the immigration issue, he pardoned Joe Arpaio whom he claimed to had set a good example of how to deal with illegal immigration.

The Chainsmokers’ Somebody “Inside the Studio” Video Released

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Pre-release of The Chainsmokers Somebody Video

The Chainsmokers just released another video of a single off their recent “Somebody Remixes.” It is not the “Official” video, which they promise they will be issuing at a later date. It is “official” in that it came from their live studio work recently and posted to their Facebook feed on May 25, according to Billboard contributing writer, Kat Bein.

Taggart and Pall at their Home Studio

The video shows Taggart and Pall in their home studio working on different grooves, when Taggart turns to Pall, with Ableton Live® studio setup on his desk and phone in hand. On his cellphone, Taggart plays the original sample of “Somebody” he had recorded, then he turns to his Ableton setup and plays the final version of the same vocal, but now played two and a half steps lower and a different groove.

As Bein says, it consists of “modular synth work and pitched-up samples.” According to the clip, there was alot that went into the song that is not on the short clip video, but will be covered in an “intensive tutorial.”

“Somebody” Remixes Issued

The Chainsmokers issued an album of 6 mixes of “Somebody” earlier in the year and told their fans on Twitter.The video uploaded to their Facebook feed on March 25 was the final remix that was recently released March 20, 2018.

Original color art for the video was done by Molly Crabapple and directed by Jim Blatt and Kim Boekbinder. When asked to comment on the meaning of the video the Chainsmokers responded on twitter ” It tells the story of temptation which we all deal with in our ways but often consumes us.”

The Chainsmokers

Andrew Taggart was just honored recently by ASCAP, as Co-Winner of Songwriter of the year, for “1-800-273-8255.” Taggart shared the award with three other ASCAP artists.The Chainsmokers began their Duo career in 2012 with “Selfie” which brought them to national attention. Since 2012 they have had a series of Billboard Top 10 hits as well as “Closer,” which stayed at #1 for twelve weeks on the Billboard Charts.

José Auriemo Neto and His Work with JHSF

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José Auriemo Neto is a Brazilian businessman who is the CEO and chairman of a company known as JHSF. The company specializes in real estate holdings and investing. José Auriemo Neto joined the company in 2003 and quickly rose in ranks to become its Chief Executive Officer and leading chairman of board meetings and corporate events. Before Mr. Neto worked for JHSF, he worked for another company known as YPO. This particular company deals primarily with real estate investing, which was something that José Auriemo Neto knew was on the decline in Brazil at the time. Since working for YPO and JHSF, José Auriemo Neto has been responsible for the creation and development of many shopping centers and mini malls throughout the Santa Cruz area.

JHSF was founded in 1972 and is Brazil’s oldest real estate holding company still in business today. Due to a decline in sales and properties, José Auriemo Neto was brought in to become the company’s CEO in an attempt to revitalize the corporation and promote it in a way that benefited its growth. Within four years, Mr. Neto was able to grow JHSF by roughly 15 percent and continues to work on its success to this very day.

The company, as well as José Auriemo Neto, employs over 500 people who work for the agency throughout Brazil. There are five different offices that JHSF has, with over 5,000 properties nationwide. José Auriemo Neto studied Economics and Business at the Sao Paulo University in 1990 and continues his education to improve his business practices.


The Hard Truths About Bundled Payments According To Deirdre Baggot

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When the Center for Medicare and Medicaid Innovation (CMMI) announced plans to roll out national Bundle Payment programs, most healthcare providers didn’t fully understand how it works. The announcement bore excitement and some confusion on the part of industry players. However, Deirdre Baggot, an expert strategist, and implementer for the bundled payment systems had this to say about the how these systems work:

  1. Provide patients only what they need

Under the current bundled payment systems, healthcare professionals are only required to follow the fee for value accounting model for everything that a patient needs and nothing they don’t. This commits health professionals to provide their patients with only the tests and processes they need.

  1. It emphasizes the aspect of accountability

Bundled systems bring in evidence-based reforms to the healthcare sector. This implies that the system will mostly rely on client feedback to inform clinicians and health physicians when they err with regards to adhering to the professional best practice. It eliminates any possibility of loopholes in clinicians holding each other accountable and replaces it with accountability based on the value that physicians advance their patients.

  1. It takes away market exclusivity

For the longest time, the Center for Medicare and Medicaid Services (CMS) offered institutions market exclusivity. This, however, doesn’t apply within the bundled payment framework. On the contrary, serves to push the discount further below the promised 3 percent in the case of gainsharing programs. Visit at to learn more.

About Deirdre Baggot

Deirdre Baggot holds a Masters in Business administration and management from Loyola University Chicago as well as Ph.D. from the University Colorado Denver. She is an expert in Bundled Payment systems as she played a key role in their development and launch while she served as the Senior Vice President and Payment and Innovation practice leader with GE Healthcare partners.

Her experience and expertise with the bundled payment systems saw the CMS take her on advising the department on how to improve the bundled payments system with regards to competitive bidding. Her input helped mitigate several flaws with the original system that would have limited its ability to execute bundled payments efficiently. It also earned her an invite to chair the national bundled payment summit. See more:


Igor Cornelsen Role in Brazil Economy

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Igor Cornelsen is among the Brazilians who have been making headlines in the international community. The finance executive has been helping his country to deal with the many challenges that have been brought by the changes in the economy. Igor Cornelsen was born and also raised in Brazil, and he went to study engineering at the university. While pursuing this degree, however, the finance executive felt that he was not happy with the career, and he chose a different path. Although he did not change his school, the businessman felt that a career in economics was better and this is why he ventured into the finance department. Many years later, Igor has all the reasons to smile. This industry has brought him a lot of fame and so many achievements.

Finance is not a field that can be compared to all the others in the market. There are many challenges to deal with, not forgetting the many hardships that come with handling finances. People who are not honest find it very hard to deal with this department, and they are forced to resign from their positions so that they can pave way for reforms. Igor Cornelsen knew everything about this department, but he felt that this was the only industry that was going to profit him.

Brazilians have had a rough time in the recent times. The economy of the country failed to grow for a very long time, and this meant that most of the businesses in the country were getting problems. The financial crisis had just ended, and the country was in the process of getting back its former glory. There were many financial experts in Brazil, but none of them offered any advice to the government concerning the economy. Igor Cornelsen took this opportunity to assist the government by using his expert skills in business to make sure that everything went back to the old ways. The role played by the finance executive during this time made him very popular. The finance executive felt that the country needed a new finance minister who knew about the industry well so that everything else could flow in the right direction.