Author Archive: norbi

Ricardo Guimarães Has Moved Banco BMG Into the Future

He is Flavio Pentagma Guimarães’ son, with the cajones to grow the family banking business in daring and innovative ways, the same way his father built wealth with investments in agriculture when he started Land Credit Bank nearly a century ago, in 1930. Born into a wealthy family, though Ricardo Guimarães is grandson of the renowned Antônio Mourão Guimarães, he still worked diligently to make his own brilliant mark and grow Banco BMG into one of the biggest banks in South America.

In 1998, Ricardo Guimarães took the bank in a new direction with consigned credit monitoring. It was a risk that turned into a triumph leading the bank to become the National Loans leader in Brazil. His family’s involvement in the financial sector stretch back through decade after decade of change, which in the last 20 years Mr. Guimarães has navigated with honors. When local business people need guidance in the best types and amounts of investments, they turn to Banco BMG to receive expert, experienced, and most importantly, advice with integrity. Mr. Guimarães has become famous for his business acumen and long sight for the need to both create and accept innovations in every sector of every market.

Banco BMG operates at peak efficiency with professional consultants distributed throughout the country. The primary focus is low interest credit for clients that are low risks to default. The risk paid off for his bank and for the whole industry. Read more about the life of Ricardo Guimarães.

Another big play for Ricardo Guimarães has been in offering various soccer teams and specific athletes special support. In fact, the biggest sports sponsor company in Brazil is Banco BMG. It shows in the bright beautiful “BMG” lettering on the club uniforms of the team he owns and manages: Clube Atlético Mineiro. Mr. Guimarães has made it clear that the bank is not partial to any particular team’s players, but actually support all the players who they see as most important in coming seasons. Sometimes the bank supports players from rival teams. It is all for the love of sport that Mr. Guimarães spends so much on his favorite sport.

Yeonmi Park and Her Story

Yeonmi Park is really two different people. First, she is the author of In Order To Live an unimaginable tale of her life and escape from North Korea. The other person is Yeonmi Park the speaker, writer, and human rights activist. But what is her book about? This book is very important because it is the psychological foundation that Park built for herself that eventually molded her into the woman she is today a global activist, a fighter for human rights, speaker, and author.

Being a citizen of a western society it is almost impossible to understand the living conditions or mental state needed to live in a politically oppressive society like North Korea. Countries like North Korea are not just different from other societies they are equivalent to actually living inside of a horror movie. In her Amazon released book Miss Yeonmi Park tells how she grew up in a very close-knit family in an extremely brutal society. Because of constant shortages of everything including food her father became involved in trading on the black market until he was caught and imprisoned. As a consequence, the rest of the family were also branded as enemies of the state, criminals and were forced to live on the edges of this repressive and impoverished nation. Living there eventually became impossible and with the help of human traffickers, they were smuggled into China. Once there, they were betrayed and sold into sexual slavery. They were then forced to deal with unimaginable psychological and physical hardships until they were able to escape and finally make their way to Seoul, South Korea.

Since escaping from North Korea and China Yeonmi Park has written and spoken extensively about her life in North Korea. She has written for the Washington Post and been interviewed by many media publications including The Guardian about her experiences. She has also been overwhelmed with press requests and talks on The Reason including an extensive TEDx summit taping. Part of this notoriety is due to the unbelievable reality of regimes like North Koreas. There is nothing even faintly resembling the North Korean state. She has also worked as a co-host for a podcast show North Korea Today which discusses the lives of refugees after their escape from North Korea


iFunding and William Skelley’s Professional Background

William Skelley before venturing into the iFunding platform worked at Rose Park Advisors as a Principal. Rose Park Advisors is an investment firm which is based in Boston MA. They identify investment opportunities by applying a specific framework known as disruptive innovation.

The founder of the company is Clayton Christensen who has has the view that most startups that grow into global giants are all built around innovations that either create whole new market segments or completely reshape existing ones. William Skelley having worked here from July 2011 to July 2012 got an insight into investment opportunities which set the foundations for his project at iFunding. This part of his experience was necessary to allow for the vision that is iFunding. As well as being fluent in both Spanish and English he has a number of specializations which include alternative investments, asset management, investor relations, fundraising, new business development, start ups, technology, real estate, venture capital, investment banking and crowdsourcing. All these separate skills have been pivotal to making iFunding the success it currently is.

The iFunding platform allows family offices to get access to leading tools that allow the real estate investing efficiently transacted, profitable, well researched and custom targeted. The real estate market has never been this attractive and using the crowdfunding platform is an industry first. The iFunding innovations has been featured in several popular articles including the Wall Street Journal, Forbes, Real Estate Weekly, the New York Times and the Real Deal. All the customer has to do in order to get started is sign up for a free account and then begin browsing through all commercial real estate deals. This iFunding platform allows you to do your due diligence process from the comfort of your home or office. As well as providing all the other pre-screening of real estate that is necessary to ensure that the risk of investment remains very low, iFunding monitors all the progress of each investment in order to provide the client with in-depth feedback. The team at iFunding will be able to answer all questions as well as give the customer any documentation they require.  Check out what Skelley and iFunding continue doing on Facebook.

George Soros and Others Add $15 Million To Beat the Republican Candidate.


In an effort to spur more Latino voters away from the Republicans and entice voters to support the Democratic candidates in November, George Soros and other Democratic supporters are bankrolling a new $15 million campaign to try and entice immigrant voters to support their Democratic political choices as presidential candidates

George Soros has already contributed $6 million in December to Priorities USA Action. The organization is part of a “super PAC” which supports Hillary Clinton’s bid for candidacy. In the previous election when Hillary campaigned for office against Barrack Hussein Obama, Soros had donated $8 million to support Hillary’s campaign. Soros is loyal to the Democratic party with reported contributions of $18.5 million to Democratic outside groups to defeat George W. Bush. That donation apparently did not have the influence expected. Soros’ earlier attempts to sway the Republican vote also failed to divert George W. Bush for a second term in the White House.

Lack of the wanted results of other donations will not detour the push to hold the White House close to the heart of the Democratic Party in the 2016 election. Not everyone holds Donald Trump’s feet to the flame for his rhetoric and unpresidential approach to the becoming the candidate to represent the Republican Party. This election campaign season has turned the rhetoric style of campaigning topsy-turvy and has created much chatter in the news over the past few weeks. It is noted that Donald Trump has an obviously different approach to handling ISIS, negotiations, and threats to America. Time will tell if money talks loud and clear for everyone to hear.

Bernie Sanders appears to hold his own running against Hillary Clinton and Hillary has her plate full with the FBI investigations continuing during this busy time of the campaign. It is hopeful that this influx of campaign money will enlighten and influence voters whether they are Latino voters or any other nationality.

Bernie Sanders and Hillary Clinton both have influence over the voters in the Democratic Party, but they are hoping to sway dissatisfied voters, Independents and others teetering on the edge of decision and convince them to vote for the Democratic candidate.

Other major donors to the Democratic campaign are Haim Saban and his wife; Cheryl Saban donated $3 million, and Herb Sandler and Donald Sussman each donated $1.5 million. Additional donations totaling $1.5 million was received from the union-affiliated super PAC Working for Working Americans.

The waiting and the suspense is keeping voters on the edge of their seats while the primary election is still in motion. Only time will tell if donations and campaigning influences and sways voters everywhere.

Profile of BMG

Banco BMG is a bank that has a long history in Brazil since 1930. This bank is ran by the Guimaraes family and Ricardo Guimaraes is the current president. Under Guimaraes’s leadership the bank went from offering mostly wholesale and consumer financing to now focusing heavily on payroll loans. In a payroll loan, employers obtain financing from banks such as Banco BMG and the employers repay the loans by deducting money from employees’ checks. In the early years Banco BMG started out as a bank for retailers and by the 1970s, the bank financed vehicles. By the 1990s, Banco BMG starts to offer nearly exclusively payroll loans while focusing less on consumer financing and vehicles.

Banco BMG’s Partnership With Unibanco

Recently Banco BMG formed a partnership with Itau Unibanco at a value of $1 billion dollars to boost BMG’s ability to offer more payroll loans to customers. The majority of the partnership will be mostly operated by Itau Unibanco and Unibanco will hire most of the managers to head the venture. One benefit of the partnership ia that Unibanco will provide funds to Banco BMG for the purpose of giving out payroll loans.

BMG’s Sports Partnerships

Banco BMG also sponsors a few sports teams and the majority of those teams are in the sport of soccer. Soccer is a huge deal in Brazil and it is only natural that banks such as BMG would be interested in increasing revenue by sponsoring these teams. Sponsorship of teams is a strategic way for banks to make money and it diversifies the kinds of services that a bank would offer.

Some Notes on Ricardo Guimaraes

Ricardo Guimaraes is the president of Banco BMG and he is influential in the direction of the company. He is related to the powerful Guuimaraes family who started Banco BMG in 1930. He was instrumental in getting the bank involved in sports team sponsorship.

BMG Card

Those who bank with Banco BMG have the option of using the BMG card. This card offers decent interest rates and you can use it to shop or pay bills online. Since the BMG card is affiliated with Mastercard, this card will be accepted at any outlet that accepts Mastercard. This card also comes with card protection against identity theft.

In conclusion, Banco BMG is an innovative bank that is one of the most successful in Brazil. Banco BMG made a smart move by cashing in on the payroll loan trend in Latin America and focusing mainly on this kind of lending. Thanks to the leadership of Ricardo Guimaraes, Banco BMG is involved in other ventures including sports team sponsorships. Banco BMG is a bank that understands finance trends and seeks to capitalize on them for revenue.

Geoge Soros Points Out that the Changing Financial Structure Appears Similar to the Crisis in 2008

Bloomberg Business reports on the latest happenings on Wall Street and around the world, and George Soros is a $28 billion hedge fund investment mogul who has been active in the market for over 50 years. He claims that his firm gained 20 percent every year from 1969 to 2011 under his leadership. He first discovered he had a talent for investments in the 1950s, and it was soon discovered afterwards that people began to follow his financial advice, and he gained a stellar reputation. Mr. Soros watched the 2008 crisis come and go, and today he says that he is seeing some of the same characteristics in the global market.

Other experts say that the market is not that affected and has not gone that far yet, but Soros’s prediction are something to watch. In any case, if you are an investor or are planning to invest in the near future, here are five points to consider from Mr. George Soros.

1) The value of the yen is decreasing, and this currency is utilized over much of Asia including China.
2) Prices of gold have hit an all-time high at over $1,100. Gold is not the standard for American currency today.
3) The Chinese trade market has come to a halt twice in the past week, and Soros attributes that to China’s changing economy from investment and manufacturing to consumption and services. Over $2.5 trillion was lost in China this year.
4) The Chicago Board Options Exchange Volatility Index, which has become known as the fear gauge or the VIX, is up 13 percent.
5) The Merrill Lynch index of expected price changes in Treasury Bonds has risen almost six percent this year. Merrill Lynch is one of the largest investment firms in the country.

This is only the beginning of 2016, and Standard and Poor’s 500 index hit an all-time four-day low. This drop considered the declining yen in China and the rising gold market. Soros reports that he believes that this is an indicator that there is more trouble to occur in the near future. There has been a slide all over the globe, not to mention the Dow Jones Industrial Average here in the U.S., which wiped away 900 points.

If Soros is right in his prediction, then America would do well to take heed and begin some countermeasures to prevent a recurring of 2008. Before there are any more signs that indicate another crisis is on the horizon, it would be wise to consider the numbers that have already been revealed. Georg Soros is experienced and skilled in the area of financial investments and gauging the stock market, so his perspective is carrying weight among financial leaders.

CCMP Capital – Successful Private Equity Investment Firm

Stephen Murray CCMP Capital is a successful private equity firm that is globally known. They specialize in buyout and growth equity transactions and have invested over $16 billion. Since 1984 they have been conducting business and focusing on four different areas of expertise. Those targeted areas are consumer/retail, industrial, healthcare and chemical/energy type of businesses. They are known for the expertise in the industry as well as their operating resources, which is where their strengths hold steady. CCMP Capital, and it’s team of executives exhibits exceptional strength, expertise and their reputation is impeccable as they have been labeled as a world-class investment partner in the industry of investments.

Stephen Murray was president and the chief executive officer of CCMP Capital. He was responsible for overseeing the day to day structures and business transactions, and brought many years of experience to the industry. He attended Boston College and graduated with his degree in economics. After received his Bachelor’s degree, he decided to get his Master’s degree in business administration. He graduated with his Bachelor’s in 1984 and his Master’s in 1989. His career in the financial investment companies began in 1984 when he started working for Manufacturers Hanover Corporation in their credit analysts training program. He then joined MH Equity Corporation in 1989. The two Corporations then joined together until Chemical Bank purchased Manufacturers Hanovers in 1991. At that point, MH Equity was combined with Chase Manhattan Corporation in 1996. Chemical Venture Partners eventually became Chase Capital Partners and in 2005 Murray became head over the business and they eventually combined into JP Morgan Partners. CCMP Capital is a spin-off of JP Morgan Chase. Murray co-founded CCMP Capital and was named the CEO in 2007.

Murray also was part of the board of some of the most major companies such as Aramark, Generac Power Systems, AMC Entertainment, The Vitamin Shoppe, Cabela’s and Pinnacle Foods are just to name a few. He was a private investment equity investor as well as a philanthropist at heart. He was part of the Make A Wish Foundation and participated at Boston College as well as the Food Bank. He continued to be part of the board of trustees at the Boston College. Murray sadly passed away in March of 2015. He will be remembered for his hard work and efforts that were portrayed with the success of CCMP Capital.

CCMP stands to reflect the history of how it was created. It stands for Chemical Ventures, Chase Capital, Manufacturers Hanover Capital/J.P. Morgan and Partners. CCMP announced that they would act as an independent firm in 20016 and they take pride and ownership in their executive team of experts who know the industry very well and understand how to effectively execute financial decisions.

Purina® Beneful® Brand Dog Food Creates Good Food and Fun for Dogs and Their Owners

Purinastore® Beneful® brand dog food was founded in 2001 under the principle of making quality dog food from real ingredients. Beneful® has a variety of flavors for both their wet and dry food. They always start with real meat, like chicken, beef or salmon. They then add tasty fruits, vegetables and grains to give dogs a well-balanced, nutritious and delicious meal.

Their dry dog foods cover several specific needs for dogs. Their Incredibites® line is made up of small bits, which make it easier for small dog to chew. They also have special formulas for weight control, puppies and to encourage a playful life style in all dogs. Beneful® does more than basic dog food, they also have a wide variety of treats. From dental treats in every flavor and for every size dog, to baked goodies for a fun snack.

Beneful® has also launched a fun video series called Dinner for Two. It is a cooking show that teaches the viewer how to make a simple meal inspired by one of Beneful’s® wet food flavors. The meal is for the human only, but dog owners get the satisfaction of being able to share a similar meal with their beloved dog.

Along with making great food for dogs, Beneful® also helps to create and improve local dog parks across the country. With their Dream Dog Park program, they have helped support crowdfunding campaigns and community leaders to improve existing dog parks or build new ones. Using a combination of financial and volunteering aid, Beneful® has transformed five dog parks since 2010.

This blend of charity work and producing quality food for all dogs is what makes Purina® Beneful® brand dog food one of the most popular dog food brands in the United States.


US Money Reserve Podcast on the Best Way to Invest in Gold



Philip Diehl, president of US Money Reserve, recently expressed his opinions on investing in gold on an internet podcast. Diehl sees no reason for investors to purchase gold in bars or other forms in lieu of bullion coins. This is for several reasons, but the most important is that with other forms of gold you are never sure exactly what you are getting. Recently there have been gold rounds coming in from overseas distributors that turned out to be complex counterfeits. Bullion coins, on the other hand, are backed by the United States government for both their weight and purity. This helps give investors the peace of mind that they need to be confident in their investments. A further benefit provided by bullion coins is that they are legal tender, whereas gold bars and other forms of the precious metal are not.


Diehl sees plenty of opportunities for buying gold in the coming years. he believes demand is set to rise worldwide thanks to a combination of factors. The rapid growth of the middle class, especially in BRIC countries, will add millions of investors with disposable income to invest. Due to the political turmoil seen in many of these countries a significant amount of investors will likely look to gold as a way to safeguard their wealth.


Another major factor that could help fuel gold purchases in the coming years is the value of the dollar. Diehl thinks it is impossible for the dollar to continue its reign as the top currency indefinitely. When the dollar’s value begins to falter it will bring the price of gold down in other countries and present an extremely attractive buying opportunity. Although Diehl does not say when this will happen he believes that the value of the dollar peaked during 2015.


Overall, investors who are looking for a way to preserve and store their wealth should look no further than bullion coins. During the 2008 financial collapse investors lost billions of dollars as the stock market plummeted. This sent hoards of investors running to gold. Instead of rushing to gold in a panic it would make much more financial sense to for investors to store some of their wealth there to begin with. Gold has been used to accomplish this for thousands of years, a practice which Diehl believes will continue far in to the future.

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Philanthropic Work of the DeVos Family

Dick DeVos is the son of Richard DeVos who co-founded and operated Amway, one of the largest distributors of consumer goods. Hailing and residing from Western Michigan, Dick and his wife of 30 years, Betsy DeVos are not only known for their financial success but also for their philanthropic history. As members of the wealthy social class in Grand Rapids, it is customary to be expected to give back to the community through large donations. The DeVos family has certainly done their part. In a Forbes report, the DeVos family said they donated around $1.2 billion over their lifetime. This report came after Forbes reportedly kept requesting a response. According to an MLIVE article, the Dick DeVos and his wife Betsy were listed number 20 on Forbes’ top 50 giver list. A large majority of the funds donated stayed in their local area of Grand Rapids where they invest much time and energy to promote a better community in which they live. The fund donated were also given to church’s and other religiously affiliated institutions, educational endeavors as well as many Republican think tanks.

Hailing from Michigan, Dick DeVos attended and graduated from Northwood University. DeVos worked in many fields within his father’s company of Amway before eventually running the company as president in 1993 and continued to grow the company to 18 countries and increase profits substantially until 2002. Dick Devos has also had great success beyond his business ventures. In 1991, DeVos joined the Orlando Magic and he became CEO and President of the esteemed basketball team. DeVos is also an avid competitive sailor who has one two national titles. He also can fly planes and helicopters.

The DeVos, Dick and Betsy, have been together for 30 years and have since then had 4 children and 2 granddaughters. The family is involved in education and studies as well as business. The Dick and Betsy DeVos Family Foundation was established in 1989 with the simple mission of giving the family a funnel through which they can do their philanthropic work. It is through this foundation that the DeVos family has done a majority of their philanthropy. Dick and Betsy DeVos’ affiliation to the Republican Party date back to when Betsy DeVos was in college. Both Dick and Betsy DeVos spend much of their time and energy in their local community of Grand Rapids, Michigan where they are on committees and chairs to make sure that their home-town continues to prosper and have a promising future.

Congratulations to all the local residents and businesses who work hard to make West Michigan an incredible place to live, work, and visit!

Posted by Dick DeVos on Tuesday, January 26, 2016