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George Jarkesy

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George Jarkesy (born August 1974) is a hedge fund manager, media commentator, business consultant, philanthropist, political columnist, Conservative political supporter and conservative talk radio show host of the nationally syndicated GeorgeJarkesy.com George Jarkesy Radio Show.

Career

George Jarkesy started his career in the mid-1990s in the financial services industry with a New York Stock Exchange member. Over the past two decades he has been an investor in entrepreneurial growth companies. Jarkesy has originated and/or participated in several hundred investments over the past 20 years, including both debt and equity in private, pre-public and public companies. Jarkesy has founded, invested in and helped to build companies engaged in a broad range of industry sectors,[1] including financial consulting, media, real estate, real estate management, employee leasing, light steel manufacturing, livestock management, technology, natural resources, healthcare and biotechnology. He was a co-founder of high tech companies such as Woodlasds, Texas based Biotech company Opexa Therapeutics, Inc. (NASDAQ:OPXA), as well as low tech companies such as a steel fabrication company where he was involved in the manufacture of barbecue pits and meat smokers.

Radio show

Jarkesy regularly appears on both radio and TV as a commentator on business and politics on CNBC, Fox News, and Fox Business News.

Jarkesy Launched a nationally syndicated radio show in 2012 on the Wall Street Radio Network owned by Salem Media. The George Jarkesy Radio Show launched on January 9, 2012[2] in five markets nationwide. The show will be bringing a mix of politics and business to Houston, Atlanta, Orlando, Providence (Boston), and Sacramento. Jarkesy will draw upon his vast experience as a serial entrepreneur, investor, and pro-American businessman to provide an insightful and candid overview of the economy, markets, and politics, which affects all Americans and their money. "This is not just another talk show," he states. "I'm excited to bring out the real issues that America is grappling with and come up with real ideas and serious solutions. There will be no mere scratching the surface on The George Jarkesy Show - we will always go in depth and dissect the issues. We will strive to seek the truth in stating our problems, and propose real solutions."

The George Jarkesy Show added Minneapolis/St. Paul, Minnesota radio station KYCR AM 1570 on the Wall Street Business Network is its newest affiliate, on May 7, 2012.[3] The following month, in June 2012, The George Jarkesy Radio Show expanding into the Dallas/Fort Worth area Monday as the show added KVCE AM 1160 to their expanding list of affiliates.[4]

Guests on the show have included: Thomas Sowell, Reince Priebus, Jon Najarian of CNBC's Fast Money, Edward Cox, Professor Robert Gellately, Father Frank Pavone, Alveda King,Warren Mosler,[5] Modern Monetary Theory Economist and U.S. Congressmen Allen West,[6] Kevin Brady and U.S. Congresswoman Nan Hayworth.

National Eagles and Angels Association

Jarkesy founded the National Eagles and Angels Association in 2010.[7] Jarkesy states "It is 'Eagles' because we are Patriots, and 'Angels' because we are guarding America's economic future." Jarkesy currently serves as the chairman of the organization.

Service to the community

Jarkesy has served on the boards of several public companies. Jarkesy also previously served on the Finance Committee of the Republican National Committee, is an active member of the National Investment Banking Association, and The Jarkesy Foundation.

On March 22, 2013, Jarkesy was charged with civil charges of fraud by the SEC. The charges accuse Jarkesy and Thomas Belesis of John Thomas Financial of defrauding investors in two hedge funds. According to the complaint, amongst other things, Jarkesy told investors that he was the fund manager, when in fact a number of decisions were made by Belesis. Additionally, investors were led to believe the funds were audited by KPMG when they were not.[8][9]

The administrative proceedings will determine what, if any, remedial action is appropriate in the public interest against Jarkesy, John Thomas Capital Management, Belesis, and John Thomas Financial including disgorgement and financial penalties.

Jarkesy has vehemently denied the SEC allegations and intends to mount a vigorous defense.

References

  1. ^ Stone, Leslie (June 6, 2012). "Journalist". Opportunist Magazine.
  2. ^ PRweb. "George Jarkesy Show". Retrieved January 5, 2012.
  3. ^ PRweb. "George Jarkesy Show". Retrieved May 10, 2012.
  4. ^ PRweb. "George Jarkesy Show". Retrieved June 4, 2012.
  5. ^ http://www.georgejarkesy.com/2012/01/19/warren-mosler-economist-joins-the-show/
  6. ^ http://www.georgejarkesy.com/2012/02/03/congressman-allen-west-and-robert-murphy-phd-economist-join-for-fortune-friday/
  7. ^ Hall, Christine (February 25, 2011). "Reporter". Houston Business Journal.
  8. ^ "SEC Charges Houston Hedge Fund Manager With Fraud".
  9. ^ "Hedge Fund Manager Said by SEC to Steer Bloated Fees to Belesis".

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