Difference between revisions of "Ziad Abdelnour"

From Wikispooks
Jump to navigation Jump to search
m (remove fraudster)
m (updated content and added reference links)
Line 16: Line 16:
 
|employment=
 
|employment=
 
}}
 
}}
−
'''Ziad Abdelnour''' is a Lebanese American [[financier]] who reportedly had close ties to the US [[Neocon]] network. However, he fell foul of the [[U.S. Securities and Exchange Commission]], who charged him under the Securities Act. He agreed to a cease and desist order which banned him from the securities industry for 5 years.<ref name=sec/> Reporting on this settlement, Dealbreaker magazine remarked that Abdelnour used to be a prominent "junk bond salesman during [[Michael Milken]]’s glory days ... so he’s not all [[fraud]] all the time, whatever he’s up to these days."<ref name=dealbreaker/> In 2016, [[Richtopia]] ranked him as one of The 500 Most Influential CEOs.<ref>{{cite web|title=The Most Influential CEOs in the World|url=https://www.rise.global/500-ceos|website=Richtopia - Retrieved June 5, 2016}}</ref>  
+
 
 +
'''Ziad K. Abdelnour''' is a [[lebanon|Lebanon]] -born [[US|American]] financier, private equity investo geopolitical expert regarding Middle East issues at large. He is President & CEO of [http://www.blackhawkpartners.com/ Blackhawk Partners], Inc., Founder & President of the [http://www.financialpolicycouncil.org/ Financial Policy Council] and President & Founder of the U.S Committee for a Free Lebanon.<ref>[https://www.bloomberg.com/research/stocks/private/person.asp?personId=66246&privcapId=39594896 Bloomberg] Capital Markets</ref>
 +
 
 +
Abdelnour comes from a long lineage of politicians, financiers and industrialists with his uncle Salem serving in the Lebanese parliament from 1960-1992 and his father Khalil serving in the Parliament from 1992-2000.<ref>http://www.arabamerica.com/arabamericans/ziad-abdelnour/</ref>
 +
 
 +
He had close ties to the US [[Neocon]] network. However, he fell into the [[U.S. Securities and Exchange Commission]], who charged him under the Securities Act. He agreed to a cease and desist order which banned him from the securities industry for 5 years. Reporting on this settlement, Dealbreaker magazine remarked that Abdelnour used to be a prominent junk bond salesman during Michael Milken’s glory days... so he’s not bad all the time, whatever he’s up to these days. In 2016, [[Richtopia]] ranked him as one of The 500 Most Influential CEOs.<ref>{{cite web|title=The Most Influential CEOs in the World|url=https://www.rise.global/500-ceos|website=Richtopia - Retrieved June 5, 2016}}</ref>  
  
 
== Background ==
 
== Background ==
 +
 
Abdelnour is the son of [[Lebanese]] industrialist and former MP [[Khalil Abdelnour]] (1992-2000) and the nephew of former Lebanese financier and MP [[Salem Abdelnour]] (1960-1964 and 1972-1992).
 
Abdelnour is the son of [[Lebanese]] industrialist and former MP [[Khalil Abdelnour]] (1992-2000) and the nephew of former Lebanese financier and MP [[Salem Abdelnour]] (1960-1964 and 1972-1992).
  
 
== Career ==
 
== Career ==
 +
 +
Following graduation in 1984 from the Wharton School, Abdelnour worked as an investment banker at [https://en.wikipedia.org/wiki/Drexel_Burnham_Lambert Drexel Burnham Lambert] <ref>Landon Thomas Jr. (August 1, 2006). "[https://www.nytimes.com/2006/08/01/business/worldbusiness/01wall.html From Lebanese- American Financiers, Differing Views on the Strife]". The New York Times. Retrieved February 24, 2014.</ref>  where he was a successful [https://en.wikipedia.org/wiki/High-yield_debt high yield bond] trader under [https://en.wikipedia.org/wiki/Michael_Milken Michael Milken]. In 2006,  after a 22-year career on Wall Street advising and investing in privately held companies <ref>[https://issuu.com/rogerradcliffe/docs/blackhawkpartnersandgoldensea_68963b271094ca "Blackhawk Partners and Golden Sea Ways sign a 200 Million Euros Partnership Agreement to Fund"]. Retrieved 26 February 2015.</ref> he founded his own investment company/private family office, Blackhawk Partners, Inc. engaged in the physical commodities trading and private equity businesses.
 +
 
Abdelnour is a regular speaker on TV{{clarify}}<ref>{{cite web|title=Ziad Abdelnour|url = http://www.foxnews.com/archive/ziad-abdelnour/index.html |website=FoxNews. Retrieved April 17, 2012}}</ref> and has written on wealth creation, physical commodities trading and Middle East geo-political analysis at industry conferences in USA.<ref name="Jones Forrest"/><ref>{{cite web|title=Ziad K. Abdelnour|url=https://freedomfest2015.sched.org/speaker/ziad_abdelnour.1tllvcz9|website=Freedom Fest Las Vegas Conference. Retrieved July 8, 2016.}}</ref><ref name=" Atlas Society">{{cite web|title=Ziad K. Abdelnour|url=http://atlassociety.org/objectivism/atlas-summit/atlas-summit-blog/3213-ziad-abdelnour-in-the-news|website=-The Atlas Society Conference. Retrieved May 11, 2012.}}</ref>
 
Abdelnour is a regular speaker on TV{{clarify}}<ref>{{cite web|title=Ziad Abdelnour|url = http://www.foxnews.com/archive/ziad-abdelnour/index.html |website=FoxNews. Retrieved April 17, 2012}}</ref> and has written on wealth creation, physical commodities trading and Middle East geo-political analysis at industry conferences in USA.<ref name="Jones Forrest"/><ref>{{cite web|title=Ziad K. Abdelnour|url=https://freedomfest2015.sched.org/speaker/ziad_abdelnour.1tllvcz9|website=Freedom Fest Las Vegas Conference. Retrieved July 8, 2016.}}</ref><ref name=" Atlas Society">{{cite web|title=Ziad K. Abdelnour|url=http://atlassociety.org/objectivism/atlas-summit/atlas-summit-blog/3213-ziad-abdelnour-in-the-news|website=-The Atlas Society Conference. Retrieved May 11, 2012.}}</ref>
  
 
===Blackhawk Partners===
 
===Blackhawk Partners===
−
Abdelnour established Blackhawk Partners, which appeared "geared towards high net worth individuals or entities, requiring a minimum investment ranging from $10 million to $100 million, and running in duration from one day to forty weeks."<ref name=dealbreaker/> For an eighteen month period beginning in September 2009 the firm offered in a web posting investments in prime bank instruments that were claimed to yield returns of as much as 600% without risk.<ref name=secactions>http://www.secactions.com/this-week-in-securities-litigation-week-ending-may-10-2013/</ref> Such remarkable offers (up to 100% in one day!) did not attract any investors, but did attract the attention of the [[U.S. Securities and Exchange Commission]], which began an investigation and subsequent lawsuit.<ref name=sec/>
 
  
−
===SEC fraud case settlement===
+
Abdelnour established Blackhawk Partners, which appeared "geared towards high net worth individuals or entities, requiring a minimum investment ranging from $10 million to $100 million, and running in duration from one day to forty weeks."<ref name=dealbreaker/> For an eighteen month period beginning in September 2009 the firm offered in a web posting investments in prime bank instruments that were claimed to yield returns of as much as 600% without risk.<ref name=secactions>http://www.secactions.com/this-week-in-securities-litigation-week-ending-may-10-2013/</ref> Such remarkable offers (up to 100% in one day!) did not attract any investors but did attract the attention of the [[U.S. Securities and Exchange Commission]], which began an investigation and subsequent lawsuit.
−
On 7 May 2013, the [[SEC]] and Abdelnour reached an out of court settlement, amounting to a $25,000 fine and 5 year ban from the securities industry, after which he can reapply for permission to enter the business.<ref name=sec>https://web.archive.org/web/20140110213035/http://www.sec.gov/litigation/admin/2013/33-9402.pdf</ref><ref name=secactions/>
+
 
 +
== Activism ==
 +
 
 +
Abdelnour is Chairman and a founding member of the United States Committee for a Free Lebanon; an activist organization lobbying the United States government to oppose Syria's influence in Lebanon, supporting the [https://en.wikipedia.org/wiki/Syria_Accountability_Act Syria Accountability Act]<ref>[https://www.amazon.com/Ending-Syrias-Occupation-Lebanon-U-S/dp/0970148402 Ending Syria’s Occupation of Lebanon: The U.S Role] </ref>. He supported the neoconservative [https://en.wikipedia.org/wiki/Middle_East_Forum Middle East Forum], co-authoring in 2000 a Forum study whose signatories included later George W. Bush administration officials Paula Dobriansky and [https://en.wikipedia.org/wiki/Douglas_J._Feith Douglas Feith].
  
−
[[Matt Levine]] writing in ''Dealbreaker'' magazine remarked that "a $25,000 fine is I guess a little harsh for a scam that didn’t actually hurt anyone, but at the same time it’s a little mild for an intentionally scammy effort to steal millions of dollars, failed or not."<ref name=dealbreaker>{{cite web|title=Investment In Paranoid Fantasy |url=https://web.archive.org/web/20140110213035/http:/dealbreaker.com/2013/05/investment-in-paranoid-fantasy-of-massive-global-conspiracy-less-lucrative-than-promised/|website= - Dealbreaker. Archived on December 29, 2014.}}</ref>
+
== Publications ==
  
−
==Publications==
 
 
Abdelnour has contributed a number of articles to the [[Middle East Forum]] web site.<ref>[http://www.meforum.org/search.php?cx=015692155655874064424%3Abbfcmdvi9ym&cof=FORID%3A9&ie=UTF-8&q=Ziad&sa=Search Articles by Ziad Abdelnour] - Middle East Forum - searched 4 September 2013</ref> With [[Daniel Pipes]] he was co-Publisher of Middle East Intelligence Bulletin <ref>[http://www.meforum.org/meib/ Middle East Intelligence Bulletin] - Web site Home page. 4 September 2013</ref> including the report ''Ending Syria's occupation of Lebanon: The US Role''.<ref>Daniel Pipes and Ziad Abdelnour, [http://www.meforum.org/research/lsg.php Ending Syria's occupation of Lebanon: The US Role], ''Lebanon Study Group Report'' (Middle East Forum, May 2000)</ref>
 
Abdelnour has contributed a number of articles to the [[Middle East Forum]] web site.<ref>[http://www.meforum.org/search.php?cx=015692155655874064424%3Abbfcmdvi9ym&cof=FORID%3A9&ie=UTF-8&q=Ziad&sa=Search Articles by Ziad Abdelnour] - Middle East Forum - searched 4 September 2013</ref> With [[Daniel Pipes]] he was co-Publisher of Middle East Intelligence Bulletin <ref>[http://www.meforum.org/meib/ Middle East Intelligence Bulletin] - Web site Home page. 4 September 2013</ref> including the report ''Ending Syria's occupation of Lebanon: The US Role''.<ref>Daniel Pipes and Ziad Abdelnour, [http://www.meforum.org/research/lsg.php Ending Syria's occupation of Lebanon: The US Role], ''Lebanon Study Group Report'' (Middle East Forum, May 2000)</ref>
  
 
In 2011 he wrote ''Economic Warfare: Secrets of Wealth Creation in the Age of Welfare Politics'', arguing that governments should focus on wealth creation, not job creation.<ref name="Jones Forrest">{{cite news|url=http://www.moneynews.com/InvestingAnalysis/Abdelnour-Government-Businesses-Jobs/2011/12/01/id/419692/ |title=Abdelnour: Government Needs to Let Businesses Create Jobs |first1=Forrest |last1=Jones |first2=Ashley |last2=Martella |date=December 1, 2011 |newspaper=Moneynews |publisher=[[Newsmax Media|Newsmax]]}}</ref>
 
In 2011 he wrote ''Economic Warfare: Secrets of Wealth Creation in the Age of Welfare Politics'', arguing that governments should focus on wealth creation, not job creation.<ref name="Jones Forrest">{{cite news|url=http://www.moneynews.com/InvestingAnalysis/Abdelnour-Government-Businesses-Jobs/2011/12/01/id/419692/ |title=Abdelnour: Government Needs to Let Businesses Create Jobs |first1=Forrest |last1=Jones |first2=Ashley |last2=Martella |date=December 1, 2011 |newspaper=Moneynews |publisher=[[Newsmax Media|Newsmax]]}}</ref>
  
−
==Quotes==
+
== Quotes ==
 
In an interview with Trish Schuh in 2005, he said: <ref name="TS">[https://web.archive.org/web/20110805071341/http://www.counterpunch.org/schuh11182005.html Mehlis's Murky Past; US and Israeli Proxies Pushing the Next Neo-Con War: Faking the Case Against Syria], ''[[Counterpunch]]'', November 18, 2005 - Retrieved from Internet Archive 21 September 2016 (No longer available on Counterpunch</ref>
 
In an interview with Trish Schuh in 2005, he said: <ref name="TS">[https://web.archive.org/web/20110805071341/http://www.counterpunch.org/schuh11182005.html Mehlis's Murky Past; US and Israeli Proxies Pushing the Next Neo-Con War: Faking the Case Against Syria], ''[[Counterpunch]]'', November 18, 2005 - Retrieved from Internet Archive 21 September 2016 (No longer available on Counterpunch</ref>
 
{{SMWQ
 
{{SMWQ
Line 69: Line 79:
 
|source_details=1 August 2006
 
|source_details=1 August 2006
 
}}
 
}}
 +
 +
== SEC case settlement ==
 +
On 7 May 2013, the [[SEC]] and Abdelnour reached an out of court settlement, amounting to a $25,000 fine and 5 year ban from the securities industry, after which he can reapply for permission to enter the business.<ref>[http://www.sec.gov/litigation/admin/2013/33-9402.pdf SEC v/s Ziad K Abdelnour]</ref>
 +
 +
[[Matt Levine]] writing in ''Dealbreaker'' magazine remarked that "a $25,000 fine is I guess a little harsh for a scam that didn’t actually hurt anyone, but at the same time it’s a little mild for an intentionally scammy effort to steal millions of dollars, failed or not."<ref name=dealbreaker>{{cite web|title=Investment In Paranoid Fantasy |url=https://web.archive.org/web/20140110213035/http:/dealbreaker.com/2013/05/investment-in-paranoid-fantasy-of-massive-global-conspiracy-less-lucrative-than-promised/|website= - Dealbreaker. Archived on December 29, 2014.}}</ref>
 +
 +
== Books ==
 +
 +
Ziad Abdelnour (2011). [http://www.economic-warfare.com/ Economic Warfare: Secrets of Wealth Creation in the Age of Welfare Politic]. Wiley. ISBN 1118150120<ref>ISBN 1118150120 - https://en.wikipedia.org/wiki/Special:BookSources/1118150120</ref> .
 +
 +
Availble on: [https://www.goodreads.com/author/show/5318529.Ziad_K_Abdelnour Goodreads], [https://www.amazon.com/Ziad-K.-Abdelnour/e/B005NHQYVO Amazon]
  
 
==See Also==
 
==See Also==
 +
 
* '''[[Document:US Planned Syrian Civilian Catastrophe Since 2007]]''' - See Timeline Section 2005
 
* '''[[Document:US Planned Syrian Civilian Catastrophe Since 2007]]''' - See Timeline Section 2005
 +
* '''[https://gdms.texilaconference.org/blog/top-linkedin-influencers/ 30 LinkedIn Influencers Who Built A Powerhouse Personal Brand]'''
 
{{SMWDocs}}
 
{{SMWDocs}}
 
==References==
 
==References==
 
<references/>
 
<references/>

Revision as of 09:58, 28 March 2018

Person.png Ziad Abdelnour   Powerbase SourcewatchRdf-entity.pngRdf-icon.png
(financier, businessman)
Zanour.jpg
Born1960-12-03
Beirut, Lebanon
NationalityLebanese, American
Alma materAmerican University of Beirut, Wharton School of Finance, University of Pennsylvania
ReligionRoman Catholic
Criminal charge
Violation of Sections 17(a)(1) and (3) of the Securities Act, Violation of Section 15(a) of the Exchange Act
Out of court settlement$25000 fine, 5 year ban from dealing in securities
Founder ofUnited States Committee for a Free Lebanon

Ziad K. Abdelnour is a Lebanon -born American financier, private equity investo geopolitical expert regarding Middle East issues at large. He is President & CEO of Blackhawk Partners, Inc., Founder & President of the Financial Policy Council and President & Founder of the U.S Committee for a Free Lebanon.[1]

Abdelnour comes from a long lineage of politicians, financiers and industrialists with his uncle Salem serving in the Lebanese parliament from 1960-1992 and his father Khalil serving in the Parliament from 1992-2000.[2]

He had close ties to the US Neocon network. However, he fell into the U.S. Securities and Exchange Commission, who charged him under the Securities Act. He agreed to a cease and desist order which banned him from the securities industry for 5 years. Reporting on this settlement, Dealbreaker magazine remarked that Abdelnour used to be a prominent junk bond salesman during Michael Milken’s glory days... so he’s not bad all the time, whatever he’s up to these days. In 2016, Richtopia ranked him as one of The 500 Most Influential CEOs.[3]

Background

Abdelnour is the son of Lebanese industrialist and former MP Khalil Abdelnour (1992-2000) and the nephew of former Lebanese financier and MP Salem Abdelnour (1960-1964 and 1972-1992).

Career

Following graduation in 1984 from the Wharton School, Abdelnour worked as an investment banker at Drexel Burnham Lambert [4] where he was a successful high yield bond trader under Michael Milken. In 2006, after a 22-year career on Wall Street advising and investing in privately held companies [5] he founded his own investment company/private family office, Blackhawk Partners, Inc. engaged in the physical commodities trading and private equity businesses.

Abdelnour is a regular speaker on TV[clarification needed][6] and has written on wealth creation, physical commodities trading and Middle East geo-political analysis at industry conferences in USA.[7][8][9]

Blackhawk Partners

Abdelnour established Blackhawk Partners, which appeared "geared towards high net worth individuals or entities, requiring a minimum investment ranging from $10 million to $100 million, and running in duration from one day to forty weeks."[10] For an eighteen month period beginning in September 2009 the firm offered in a web posting investments in prime bank instruments that were claimed to yield returns of as much as 600% without risk.[11] Such remarkable offers (up to 100% in one day!) did not attract any investors but did attract the attention of the U.S. Securities and Exchange Commission, which began an investigation and subsequent lawsuit.

Activism

Abdelnour is Chairman and a founding member of the United States Committee for a Free Lebanon; an activist organization lobbying the United States government to oppose Syria's influence in Lebanon, supporting the Syria Accountability Act[12]. He supported the neoconservative Middle East Forum, co-authoring in 2000 a Forum study whose signatories included later George W. Bush administration officials Paula Dobriansky and Douglas Feith.

Publications

Abdelnour has contributed a number of articles to the Middle East Forum web site.[13] With Daniel Pipes he was co-Publisher of Middle East Intelligence Bulletin [14] including the report Ending Syria's occupation of Lebanon: The US Role.[15]

In 2011 he wrote Economic Warfare: Secrets of Wealth Creation in the Age of Welfare Politics, arguing that governments should focus on wealth creation, not job creation.[7]

Quotes

In an interview with Trish Schuh in 2005, he said: [16]

“Iran? We will not let Iran become a nuclear power. We'll find a way, we'll find an excuse- to get rid of Iran. And I don't care what the excuse is. There is no room for rogue states in the world. Whether we lie about it, or invent something, or we don't... I don't care. The end justifies the means. What's right? Might is right, might is right. That's it. Might is right...”
Ziad Abdelnour (November 18, 2005)  [17]

And:

“Iran's going to be finished and every single Arab regime that's like this will be finished. Because there is no room for us capitalists and multinationalists in the world to operate with regimes like this. Its all about money. And power. And wealth... and democracy has to be spread around the world. Those who want to espouse globalization are going to make a lot of money, be happy, their families will be happy. And those who aren't going to play this game are going to be crushed, whether they like it or not! This is how we rule. And this is how it's going to be as long as you have people who think like me.”
Ziad Abdelnour (November 18, 2005)  [17]

On Israel's Invasion of Lebanon

“The end justifies the means. I don't care about how it's done. The important thing is that it is done. I don't rule out force. I'm not against force. If it's an option, it will be an option... I have — we have — absolutely no problem with heavy US involvement in Lebanon. On an economic level, military level, political level, security level... whatever it is. Israel is the 51st state of the United States. Let Lebanon be the 52nd state. And if the Arabs don't like it, tough luck.”
Ziad Abdelnour (18 November 2005)  [17]

“The Lebanese cannot have their cake and eat it, too...Let’s get rid of this cancer [Hezbollah]... Let’s finish the job."”
Ziad Abdelnour [18]

SEC case settlement

On 7 May 2013, the SEC and Abdelnour reached an out of court settlement, amounting to a $25,000 fine and 5 year ban from the securities industry, after which he can reapply for permission to enter the business.[19]

Matt Levine writing in Dealbreaker magazine remarked that "a $25,000 fine is I guess a little harsh for a scam that didn’t actually hurt anyone, but at the same time it’s a little mild for an intentionally scammy effort to steal millions of dollars, failed or not."[10]

Books

Ziad Abdelnour (2011). Economic Warfare: Secrets of Wealth Creation in the Age of Welfare Politic. Wiley. ISBN 1118150120[20] .

Availble on: Goodreads, Amazon

See Also

Many thanks to our Patrons who cover ~2/3 of our hosting bill. Please join them if you can.


References

  1. ↑ Bloomberg Capital Markets
  2. ↑ http://www.arabamerica.com/arabamericans/ziad-abdelnour/
  3. ↑ "The Most Influential CEOs in the World". Richtopia - Retrieved June 5, 2016.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "Scribunto").
  4. ↑ Landon Thomas Jr. (August 1, 2006). "From Lebanese- American Financiers, Differing Views on the Strife". The New York Times. Retrieved February 24, 2014.
  5. ↑ "Blackhawk Partners and Golden Sea Ways sign a 200 Million Euros Partnership Agreement to Fund". Retrieved 26 February 2015.
  6. ↑ "Ziad Abdelnour". FoxNews. Retrieved April 17, 2012.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "Scribunto").
  7. ↑ a b {{URL|example.com|optional display text}}
  8. ↑ "Ziad K. Abdelnour". Freedom Fest Las Vegas Conference. Retrieved July 8, 2016.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "Scribunto").
  9. ↑ "Ziad K. Abdelnour". -The Atlas Society Conference. Retrieved May 11, 2012.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "Scribunto").
  10. ↑ a b "Investment In Paranoid Fantasy". - Dealbreaker. Archived on December 29, 2014.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "Scribunto").
  11. ↑ http://www.secactions.com/this-week-in-securities-litigation-week-ending-may-10-2013/
  12. ↑ Ending Syria’s Occupation of Lebanon: The U.S Role
  13. ↑ Articles by Ziad Abdelnour - Middle East Forum - searched 4 September 2013
  14. ↑ Middle East Intelligence Bulletin - Web site Home page. 4 September 2013
  15. ↑ Daniel Pipes and Ziad Abdelnour, Ending Syria's occupation of Lebanon: The US Role, Lebanon Study Group Report (Middle East Forum, May 2000)
  16. ↑ Mehlis's Murky Past; US and Israeli Proxies Pushing the Next Neo-Con War: Faking the Case Against Syria, Counterpunch, November 18, 2005 - Retrieved from Internet Archive 21 September 2016 (No longer available on Counterpunch
  17. ↑ a b c https://web.archive.org/web/20110805071341/http://www.counterpunch.org/schuh11182005.html Internet Archive
  18. ↑ http://www.nytimes.com/2006/08/01/business/worldbusiness/01wall.html?_r=1&adxnnl=1&oref=slogin&ref=middleeast&adxnnlx=1154455370-sCKn8yFUsT7Aa+FIOYZXGA New York Times 1 August 2006
  19. ↑ SEC v/s Ziad K Abdelnour
  20. ↑ ISBN 1118150120 - https://en.wikipedia.org/wiki/Special:BookSources/1118150120
Retrieved from "https://wikispooks.com/w/index.php?title=Ziad_Abdelnour&oldid=145763"