Phase 4 Coronavirus Realignment Explodes | WALL STREET MEETS WASHINGTON EP. 6
Every Friday, the Daily Caller White House correspondent Christian Datoc sits down with Wall Street guru and CEO of Farvahar Partners Omeed Malik for a new episode of “WALL STREET MEETS WASHINGTON,” the only show that breaks down the beltway’s economic updates for both financial VIPs and every day Americans looking for market tips.
This week, we opened by talking about the realignment we’re seeing in the Republican Party when it comes to directly funding states impacted by coronavirus. Still, the fiscal hawks are screwing up the process. That launched into an expanded discussion on what you can expect to be jam-packed into the Phase 4 coronavirus bill. Plenty of insider baseball from Christian on what the White House is really prioritizing and what they’re willing to scrap in this segment. (RELATED: Labor Department Reports More Than 3 Million New Jobless Claims As States Weigh Reopening Costs)
Next, Omeed gave a detailed rundown on one of the most powerful men in the world, who many of you probably have never even heard of, BlackRock CEO Larry Fink, before launching into this week’s primer on the debt vs. the deficit.
Our thought experiment centered on an increasingly popular issue among new wave populist conservatives: how should we deal with the predatory student loan system? In the past, Democrats have led the way on this issue, but thanks in part to figures like Daily Caller founder Tucker Carlson, we’re seeing some bipartisan action in the space.
Finally, since we’ve been spot on the money with calling market trends over the past few weeks, the boys figured they’d handcuff themselves and try to figure out one the most modern of all currencies, Bitcoin.
Don’t foregt to check out last week’s episode if you haven’t already!
“Omeed Malik is the Founder and CEO of Farvahar Partners, a boutique merchant bank and broker/dealer which invests partner capital into growth businesses and acts as a liquidity provider of private placements on behalf of companies and institutional investors. The Firm also offers advisory, investment banking and capital raising services to its clients.
Prior to starting his own firm, Omeed was a Managing Director and the Global Head of the Hedge Fund Advisory Business at Bank of America Merrill Lynch. Omeed was also the founder and head of the Emerging Manager Program within the Global Equities business. In this capacity, Omeed was charged with selecting both established and new hedge funds for the firm to partner with and oversaw the allocation of financing/prime brokerage, capital strategy, business consulting and talent introduction resources.
Before joining Bank of America Merrill Lynch, Omeed was a Senior Vice President at MF Global where he helped reorganize the firm’s distribution platform globally and developed execution and clearing relationships with institutional clients.
An experienced financial services professional and securities attorney, Omeed was a corporate lawyer at Weil, Gotshal & Manges LLP working on transactional matters in the capital markets, corporate governance, private equity and bankruptcy fields.
Omeed has also worked in the United States Senate and House of Representatives. Omeed received a JD, with Honors, from Emory Law School (where he serves on the Alumni Board) and a BA in Philosophy and Political Science, Cum Laude, from Colgate University.
Omeed is a Term Member of the Council on Foreign Relations, a Centennial Society Member of the Economic Club of New York and a Chairman’s Circle Member of the Milken Institute.”