While many are focused upon Gordon Sondland purchasing the ambassadorship to the European Union for a bargain price of $1 million, few understand how he became a successful hotel operator. This is a fascinating story, inspired by Fred Trump, President Trump's father. In the commercial real estate world, few names are more highly regarded than … Continue reading Gordon Sondland – How Fred Trump, Not Donald, Seeded his Success
Tag: John Skjervem
In 2004 the State of Oregon decided to isolate the "employee contribution" part of PERS and put these amounts into what are called IAP (Individual Account Program) accounts. These 200,000 IAP accounts are essentially a defined contribution program, not unlike a 401K, for which members earn returns based upon market results with no guaranteed rate of … Continue reading Oregon PERS Set to Award $8 billion Contract, Largest Contract in State’s History With no Media Coverage