Jeremy Goldstein Helps To Shine A Light On The Fountain House

Jeremy L. Goldstein is a committee chair for the Fountain House, a nonprofit organization with its headquarters in New York City. Every fall for the last 9 years, a Fall Fete has been held in support of this charity. It also serves to spread the news about their diligent work in helping individuals suffering from mental illness and the stigma that is attached to it. It helps not only victims of the disease but their families as well.

 

The members of the Associate Committee hosted the event that helped to introduce and involve the younger professionals of the community to The Fountain House. The committee consisted of Byrdie Bell, Jeremy L. Goldstein, Sarah Simmons Goldstein, Jennifer Oken, and Kathleen and Reha Kocatas. Also present as hosts and members were Lil Phillips, Madeleine Potvin, Alexandre Desmarais, Katie Zorn, Katie Tozer, and Kiliaen Van Rensselaer. The event was held in November of 2012.

 

Jeremy Goldstein is an attorney in New York City. He serves as partner at Jeremy L. Goldstein & Associates LLC. Jeremy mainly focuses his practice in the area of corporate compensation. He works with CEOs and other high level executives and advises on structuring executive level compensation packages especially at times such as mergers and acquisitions and other events that create change to the executive committee.

 

The Fall Fete was a gala black tie event. The Associates Scholarship Award Fund is part of the educational program that was a topic that evening. The corporate sponsors of the event were Janssen Pharmaceuticals, Inc. and Lilly USA, LLC. The Fountain House was created in the 1940s. A group of several men and women who had met while undergoing treatment for mental illness established the organization. Jeremy Goldstein is a long time supporter of The Fountain House.

 

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Sahm Adrangi of Kerrisdale Capital Offers Negative Report on The St. Joe Company

Real estate companies have one of the great performers of the current bull market. However, one investment expert believes that a particular billion dollar real estate company is vastly overvalued. That investment expert, Sahm Adrangi of Kerrisdale Capital Management, recently issued a negative report on the real estate firm The St. Joe Company.

According to a negative report issued by Kerrisdale Capital, St. Joe are only worth a fraction of the current market valuation. Sahm Adrangi lays out a couple of factors leading to the negative report on the real estate firm. According to the report, the largest shareholder of St. Joe, Fairholme Fund, will be forced to sell some of their shares due to SEC liquidity rules. Second, one of the real estate firm’s biggest projects, Bay-Walton Sector Plan, remains stalled. Finally, recurring revenue from St. Joe’s commercial development is not materially contributing to the company’s bottom line.

The report from Kerrisdale Capital goes on to state that St. Joe does not appear able to develop its current land holdings in a way to justify the company’s $1 billion market valuation. Current shareholders, according to Sahm Adrangi’s negative report, have been waiting years for St. Joe to develop their land projects.

Given that St Joe is facing roadblocks to further development and the eventual force selling from the Fairholme Fund, Kerrisdale Capital believes that the real estate firm is worth 40% less than its current market valuation. In the report, Kerrisdale Capital revealed that they have a short position in St Joe and stand to gain financially if the company’s stock falls in value.

Sahm Adrangi is the founder and the Chief investment Officer of Kerrisdale Capital Management LLC. Since 2009, Kerrisdale Capital has grown from $1 million in assets under management (AUM) to over $150 million AUM. Prior to the founding of his own investment firm, Mr. Adrangi has been employed at Longacre Management, Chanin Capital Partners and Deutsche Bank. Mr Adrangi holds a Bachelor of Arts in Economics from Yale University.

Jeremy Goldstein Advices Better Strategy on Employment Incentives

The Earnings per Share, simply called as EPS, is a highly-discussed metric by the companies around the world whether to include it in the employment incentives or not. While some people say that it is an excellent option to be included in the performance of executives, others think that it would create problems to the organizational goals of companies. In the midst of the arguments, Jeremy Goldstein, an attorney with a few decades of expertise in structuring compensation for executives, puts more light into EPS and provides his accurate judgment that can help the companies to be focused on the performance. Learn more: http://jlgassociates.com/

 

 

Jeremy Goldstein welcomes EPS as a good metric in the employee incentives. It becomes the prime influential factor for the shareholders and helps them to make a decision on buying or selling of stocks based on the EPS. He says that it also helps the companies to give better incentives and pay structure based on the performance of EPS. Goldstein revealed that many companies became more successful by including EPS part of their pay structure, in the recent years. Though it has some significant advantages, EPS has some demerits as well. The competitive nature of company stocks and trading in the stock markets give undue benefits to the companies.

 

 

Additionally, it is generally disputed that EPS can create favoritism in the organizations as it gives greater power to CEOs. Instead of collective control, EPS can lead to significant influence for the executives that can even help them to skew the market results in their favor. It clearly disadvantages the interests of the shareholders on a long run and focuses on the short-term profitability. However, Jeremy Goldstein thinks a compromised stand is the best option in the case of EPS. He thinks that the executives should be made liable for their initiatives and actions. The pay per performance program should be measured with respect to the long-term goals of companies.

 

 

Jeremy Goldstein is a prominent attorney in New York who founded the boutique law firm named after him, Jeremy L. Goldstein & Associates. He has approximately two decades of expertise in mergers and acquisitions, executive pay, and corporate governance.

 

 

During the years, Jeremy Goldstein helped numerous companies in their executive compensation, mergers and acquisitions, and more. Some of his clients include Goldman Sachs, The Dow Chemical Company, NYSE Group, Bank of America, South African Breweries, and more. In the initial years, Goldstein collaborated with another law firm based in New York City, Wachtell, Lipton, Rosen & Katz.