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Out here he does run the KC branch. But his real job is back in New York. OneBank has an activist hedge fund. Phillip oversees it. Envoy Assets.”“What’s an activist fund?”“They take stakes in publicly traded companies. Buy influence through stock ownership. Then, for better or worse, they push to improve the stock prices.”There was a hint of a sneer in her voice. I said, “What’s wrong with improving stock prices?”“Nothing. Or not much if you take the long-term approach like Envoy does. But too many funds force companies to sell well-performing divisions, lay off employees for short-term gains. That can drive the stock up, then the fund dumps it.”“Oh. But Phillip is a good guy?”?“Mostly. Envoy gives companies strategic direction over the years. Pumps resources into them. Sometimes they supply key executives to run a division. Or the entire company.”Gertie contrasted Envoy’s approach with that of the funds who bought shares in Valeant. A pharmaceutical company I had a vague. I am very whitish and during that time I was boy without moustache and very cute and stout. I recall when I was 13 yaers old somebody tried to crease my thighs during a bus journey and at that time I did not understand his intensions. But when I grew my knowledge of sex also grown, and during college days we used to read pornographic books and gossip in hostel about sex. Once I joined that work site Mr. Kholmanski, the Soviet Engineer was very attentive to me and from him I had learnt so many things about Engg. Practically as in College you get hardly any chance to learn things practically. He was about 45 years of age. He used to explain about the system like a teacher of high school and so close to all staff. His wife Olga Romanchanko was of 38 years and also was working as Language Interpreter in the project. Mr. Roy our Project Manager deputed me with Mr. Kholmanski to assist him in execution and documentation etc. We had spent most of the time together. As they were our customer.
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