Ziad K. Abdelnour
December 3, 1960 |
|Occupation||Author and President & CEO of Blackhawk Partners, Inc|
Ziad K. Abdelnour is a Lebanese-born American author and trader, financier and President & CEO of Blackhawk Partners, Inc., Founder & President of the Financial Policy Council, Inc. and President & Founder of the U.S Committee for a Free Lebanon.
Abdelnour was born in Beirut, Lebanon, where he earned the degree in economics, summa cum laude, from the American University of Beirut. After graduation he came to the United States earning an MBA degree in finance at Wharton School of Finance at the University of Pennsylvania. Since 1985, Abdelnour has been involved with investment banking, high-yield bond, and distressed debt markets. According to The New York Times, Abdelnour "made a fortune on Wall Street ... as a junk bond salesman during Michael Milken's glory days at Drexel Burnham Lambert".
Current Work & Activism
Abdelnour is a global private equity expertand prominent  pro-Lebanon activist and has published as early as June 2000 a research report entitled "Ending Syria's Occupation of Lebanon: The U.S Role".
Abdelnour has been since the publishing of his research report "Ending Syria's Occupation of Lebanon: The US Role" a force in shaping the US–Lebanon Policy debate about freedom in his native land and a keenly sought analyst regarding issues pertaining to economic & political matters in the Middle East at large and Lebanon in particular.[not in citation given]
Since 2001 and post 9/11, Abdelnour has been part of the right wing political establishment and was instrumental in funding a number of projects including the best seller "Funding Evil—How Terrorism is Financed and how to stop it" he has been since then an advocate for a democratic Middle East.
Controversies and Criticism
On May 7, 2013, the Securities and Exchange Commission deemed it appropriate and in the public interest that public administrative and cease-and-desist proceedings be instituted against Abdelnour pursuant to Section 8A of the Securities Act of 1933, Sections 15(b) and 21C of the Securities Exchange Act of 1934, and Section 9(b) of the Investment Company Act of 1940. In that same month,the SEC settled a securities case with Abdelnour for a $25,000 fine and a five-year ban from the securities industry.
With the publication of his book Economic Warfare Abdelnour has asserted that even the most well-meaning government policies have unintended consequences that can harm an economy. "If government policies were held accountable the way private businesses are, the scoreboard would say government is failing to help people." Abdelnour has been and still is widely criticized—alongside his role model Donald Trump—as a mindless defender of capitalism and the wealthy and of seeking ways to capitalize on economic crises.
- Abdelnour, Ziad (2011). Economic Warfare: Secrets of Wealth Creation in the Age of Welfare Politics. Wiley. ISBN 1118150120.
- Landon Thomas Jr. (August 1, 2006). "From Lebanese- American Financiers, Differing Views on the Strife". The New York Times. Retrieved February 24, 2014.
- Landon Thomas Jr. (August 1, 2006). "Lebanon's imprint on Wall Street". International Herald Tribune. Retrieved February 24, 2014.
- "An Interview with Mr. Ziad K. Abdelnour - President & CEO of Blackhawk Partners, Inc.". Western Headquarters Ltd. August 21, 1987. Retrieved February 24, 2014.
- http://www.cedarsusa.com/prominent/amleb.htm[dead link]
- "Ending Syria's Occupation of Lebanon: The U.S. Role: Report of the Lebanon Study Group; Daniel Pipes and Ziad Abdelnour, Co-Chairs". Middle East Forum. February 24, 2014.
- Amity Shlaes (September 30, 2002). "Freedom for Lebanon". Financial Times. Retrieved February 24, 2014.
- "Ziad Abdelnour". Right Web. May 11, 2010. Retrieved February 24, 2014.
- Rachel Ehrenfeld (2005). Funding Evil: How Terrorism is Financed—and how to Stop it. Bonus Books.
- Levine, Matt (13 May 2013). "Investment In Paranoid Fantasy Of Massive Global Conspiracy Less Lucrative Than Promised". Dealbreaker.
- Forrest Jones; Ashley Martella (December 1, 2011). "Abdelnour: Government Needs to Let Businesses Create Jobs". Moneynews (Newsmax Media). Retrieved February 24, 2014.
- Greg Duncan (August 17, 2011). "Don't eat the rich; we need them!". Halfway to Concord. Retrieved February 24, 2014.
- http://www.mecn.org/2011/08/economic-warfare-capitalizing-upon-the-economic-crisis/[dead link]