Every Friday, 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 in a way that makes sense for both financial VIPs and every day Americans looking for market tips.
Today, we ran through a crash course on oil, futures, and securities, the latest unemployment numbers, new and fixed problems with the Paycheck Protection Program, and debated whether or not the government should bail out states. (RELATED: Big Company Execs Will Now Face Up To 30 Years In Prison, $1 Million Fines For Abusing Coronavirus Relief Program)
Finally, the guys discussed whether or not the United States was right to social distance in the first place. New data coming out of Sweden and California suggests we could be much further along the path toward herd immunity than previously thought, which re-raises the question: should we kill the economy to kill the virus?
Make sure to go and check out last week’s episode if you didn’t watch it already. We were the first show to raise questions around employer liability for bringing workers back, and now Larry Kudlow and the White House are considering how the address the problem. Gurus indeed.
“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.”
Check out TheDC’s fantastic videos and subscribe to our YouTube channel to avoid missing out.
NOW CHECK OUT The Daily Caller’s most recent videos: