The Daily Caller White House correspondent Christian Datoc sits down with Wall Street guru and CEO of Farvahar Partners Omeed Malik every Friday for a new episode of “WALL STREET MEETS WASHINGTON.” It’s the only show that breaks down the beltway’s economic updates for both financial VIPs and everyday Americans looking for market tips.
We kicked things off this week with a new scoop from Omeed — anyone want to take a guess at why the firm behind the retracted hydroxychloroquine study pushed back on its efficacy so hard? Maybe it had something to do with the fact they were developing their very own coronavirus testing system. (RELATED: May Jobs Report: 2.5 Million Jobs Gained, Unemployment Falls To 13.3%)
Christian also gave a breakdown of what’s happening inside Washington to make sure the people who are in the most economic pain — American workers, not corporations — are the actual recipients of the next round of coronavirus stimulus aid. Unfortunately, there are 3 key factors stopping round 4 from seeing daylight.
The guys also took a deep dive on the economic pain, both systemic and self-inflicted, that is a driving force behind the George Floyd protests. Not only are we getting the revolution we predicted if politicians don’t start changing the way they approach fiscal policy, but we’ve got yet another illustration of the great migration of the 21st century: out of American cities.
Don’t forget 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.”