Difference between revisions of "Manny Weiss"
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| − | [[Manny Weiss]] is the CEO of [[Marylebone Diversified]] LLP, a commodities trading advisor in the base metals business, London Metals Exchange futures and options market-making and brokerage.<ref name="GatewayAdvisors">[http://www.gatewaycap.com/about-gateway/advisors.html Advisors], Gateway Capital Group, accessed 24 october 2013.</ref> | + | [[Manny Weiss]] (Emmanuel Weiss) is the CEO of [[Marylebone Diversified]] LLP, a commodities trading advisor in the base metals business, London Metals Exchange futures and options market-making and brokerage.<ref name="GatewayAdvisors">[http://www.gatewaycap.com/about-gateway/advisors.html Advisors], Gateway Capital Group, accessed 24 october 2013.</ref> |
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==Henry Jackson== | ==Henry Jackson== | ||
| − | Weiss was a volunteer for US Senator [[Henry Jackson]].<ref name="AMM8792">[http://business.highbeam.com/436402/article-1G1-12326956/weiss-slated-retire-managing-director-marc-rich-division Weiss slated to retire as managing director of Marc Rich division. (Manny Weiss, Marc Rich and Company AG)], ''American Metal Market'', 8 July 1992, archived at Highbeam Research.</ref> | + | Weiss was a volunteer for US Senator [[Henry Jackson]].<ref name="AMM8792">[http://business.highbeam.com/436402/article-1G1-12326956/weiss-slated-retire-managing-director-marc-rich-division Weiss slated to retire as managing director of Marc Rich division. (Manny Weiss, Marc Rich and Company AG)], ''American Metal Market'', 8 July 1992, archived at Highbeam Research.</ref> He worked intensely on getting the [[Jackson-Vanik Amendment]] though Congress in 1973.<ref>Robert Gordon Kaufman, ''Henry M. Jackson: A Life in Politics'', University of Washington Press, 2011, p.268.</ref> |
| − | ==Philipp Brothers | + | ==Philipp Brothers== |
| − | Weiss worked at Philipp Brothers]] early in his career.<ref name="AMM8792">[http://business.highbeam.com/436402/article-1G1-12326956/weiss-slated-retire-managing-director-marc-rich-division Weiss slated to retire as managing director of Marc Rich division. (Manny Weiss, Marc Rich and Company AG)], ''American Metal Market'', 8 July 1992, archived at Highbeam Research.</ref> | + | Weiss worked at [[Philipp Brothers]] early in his career.<ref name="AMM8792">[http://business.highbeam.com/436402/article-1G1-12326956/weiss-slated-retire-managing-director-marc-rich-division Weiss slated to retire as managing director of Marc Rich division. (Manny Weiss, Marc Rich and Company AG)], ''American Metal Market'', 8 July 1992, archived at Highbeam Research.</ref> |
==Marc Rich & Co.== | ==Marc Rich & Co.== | ||
| − | Weiss was head of aluminum trading at [[Marc Rich & Co | + | Weiss was head of aluminum trading at [[Marc Rich & Co]].<ref name="GatewayAdvisors">[http://www.gatewaycap.com/about-gateway/advisors.html Advisors], Gateway Capital Group, accessed 24 october 2013.</ref> |
| + | |||
| + | Fortune reported in 1988: | ||
| + | ::Now in his 30s, Weiss is a close friend and protege of [[Pincus Green|Pinky Green]]. It was Weiss who did the firm's first metals deal, shortly after joining [[Marc Rich]] in 1975 as a teenage messenger in London. That year, while his boss vacationed, Weiss took charge of a telex from an East bloc country requesting zinc. He arranged the shipment, generating a fat profit.<ref name="Fortune1888">[http://money.cnn.com/magazines/fortune/fortune_archive/1988/08/01/70845/ WHY MARC RICH IS RICHER THAN EVER The U.S. is offering a six-figure bounty for his capture, but that's just pocket money to the fugitive commodities trader who is nearing billionaire status in Europe.], ''Fortune'', 1 August 1988.</ref> | ||
| + | |||
| + | In the mid-1980s, Weiss spearheaded a strategy by which Rich affiliate [[Clarendon]] Ltd paid US smelters to process cheap Jamaican alumina during a glut in the market, establishing contractual arrangements which proved immensely profitable once the market recovered.<ref name="Fortune1888">[http://money.cnn.com/magazines/fortune/fortune_archive/1988/08/01/70845/ WHY MARC RICH IS RICHER THAN EVER The U.S. is offering a six-figure bounty for his capture, but that's just pocket money to the fugitive commodities trader who is nearing billionaire status in Europe.], ''Fortune'', 1 August 1988.</ref> | ||
| + | |||
| + | Weiss later lost at least $25 million by shorting aluminum when the price dipped after the 1987 stock market crash only to recover the following year.<ref name="Fortune1888">[http://money.cnn.com/magazines/fortune/fortune_archive/1988/08/01/70845/ WHY MARC RICH IS RICHER THAN EVER The U.S. is offering a six-figure bounty for his capture, but that's just pocket money to the fugitive commodities trader who is nearing billionaire status in Europe.], ''Fortune'', 1 August 1988.</ref> | ||
| + | |||
| + | He left the company in 1992.<ref name="AMM8792">[http://business.highbeam.com/436402/article-1G1-12326956/weiss-slated-retire-managing-director-marc-rich-division Weiss slated to retire as managing director of Marc Rich division. (Manny Weiss, Marc Rich and Company AG)], ''American Metal Market'', 8 July 1992, archived at Highbeam Research.</ref> | ||
He subsequently founded [[Manro Haydan]].<ref name="GatewayAdvisors">[http://www.gatewaycap.com/about-gateway/advisors.html Advisors], Gateway Capital Group, accessed 24 october 2013.</ref> | He subsequently founded [[Manro Haydan]].<ref name="GatewayAdvisors">[http://www.gatewaycap.com/about-gateway/advisors.html Advisors], Gateway Capital Group, accessed 24 october 2013.</ref> | ||
| + | |||
| + | ==Michael Gove== | ||
| + | In October 2011, the ''Telegraph'' reported that [[Michael Gove]]'s private office had received a £5,000 donation from [[Manrows]], a company of which Weiss was the only director.<ref>Holly Watt, Heidi Blake, Gove raised £30,000 in private donations from City financiers; Cash was secured 'to support Education Secretary's work as an MP, ''Daily Telegraph'', 21 October 2011.</ref> | ||
| + | |||
| + | ==Benjamin Netanyahu== | ||
| + | Weiss' name appeared on a list dubbed [[Netanyahu's Millionaires]] compiled by Israeli Prime Minister [[Benjamin Netanyahu]] and team to map out potential donors. | ||
| + | |||
| + | ==Affiliations== | ||
| + | *[[Henry M. Jackson Foundation]] - Board of Governers.<ref>[http://www.hmjackson.org/index.php?p=Board+of+Governors+Copy&s=325 Henry M. Jackson Foundation Board of Governors], Henry M. Jackson Foundation, accessed 24 October 2013.</ref> | ||
| + | *[[Jewish Human Rights Watch]] - founder<ref>Josh Jackman, [https://www.thejc.com/news/uk-news/poverty-charity-s-boycott-is-like-nazi-germany-says-new-group-1.65196 Poverty charity’s boycott is like Nazi Germany, says new group], ''Jewish Chronicle'', 19 February 2015</ref> | ||
| + | |||
| + | ==Connections== | ||
| + | *[[Moshe Weiss]] - brother | ||
| + | *[[Dean Godson]]'s biography of [[David Trimble]] includes a brief reference to 'the ever-bountiful and inspirational Manny Weiss and his family' in the acknowledgements.<ref>Dean Godson, ''Himself Alone: David Trimble and the Ordeal of Unionism'', Harper Collins, 2004, p.xx.</ref> | ||
==Notes== | ==Notes== | ||
<references/> | <references/> | ||
| − | [[Category:Mining and Metals|Weiss, Manny]] | + | [[Category:Mining and Metals|Weiss, Manny]] [[Category:Israel Lobby|Weiss, Manny]] |
Latest revision as of 21:56, 16 March 2017
Manny Weiss (Emmanuel Weiss) is the CEO of Marylebone Diversified LLP, a commodities trading advisor in the base metals business, London Metals Exchange futures and options market-making and brokerage.[1]
Contents
Early life
Weiss was born in Brooklyn, New York.[2]
Education
Weiss has an MA from the City University of New York.[1]
Henry Jackson
Weiss was a volunteer for US Senator Henry Jackson.[2] He worked intensely on getting the Jackson-Vanik Amendment though Congress in 1973.[3]
Philipp Brothers
Weiss worked at Philipp Brothers early in his career.[2]
Marc Rich & Co.
Weiss was head of aluminum trading at Marc Rich & Co.[1]
Fortune reported in 1988:
- Now in his 30s, Weiss is a close friend and protege of Pinky Green. It was Weiss who did the firm's first metals deal, shortly after joining Marc Rich in 1975 as a teenage messenger in London. That year, while his boss vacationed, Weiss took charge of a telex from an East bloc country requesting zinc. He arranged the shipment, generating a fat profit.[4]
In the mid-1980s, Weiss spearheaded a strategy by which Rich affiliate Clarendon Ltd paid US smelters to process cheap Jamaican alumina during a glut in the market, establishing contractual arrangements which proved immensely profitable once the market recovered.[4]
Weiss later lost at least $25 million by shorting aluminum when the price dipped after the 1987 stock market crash only to recover the following year.[4]
He left the company in 1992.[2]
He subsequently founded Manro Haydan.[1]
Michael Gove
In October 2011, the Telegraph reported that Michael Gove's private office had received a £5,000 donation from Manrows, a company of which Weiss was the only director.[5]
Benjamin Netanyahu
Weiss' name appeared on a list dubbed Netanyahu's Millionaires compiled by Israeli Prime Minister Benjamin Netanyahu and team to map out potential donors.
Affiliations
- Henry M. Jackson Foundation - Board of Governers.[6]
- Jewish Human Rights Watch - founder[7]
Connections
- Moshe Weiss - brother
- Dean Godson's biography of David Trimble includes a brief reference to 'the ever-bountiful and inspirational Manny Weiss and his family' in the acknowledgements.[8]
Notes
- ↑ 1.0 1.1 1.2 1.3 Advisors, Gateway Capital Group, accessed 24 october 2013.
- ↑ 2.0 2.1 2.2 2.3 Weiss slated to retire as managing director of Marc Rich division. (Manny Weiss, Marc Rich and Company AG), American Metal Market, 8 July 1992, archived at Highbeam Research.
- ↑ Robert Gordon Kaufman, Henry M. Jackson: A Life in Politics, University of Washington Press, 2011, p.268.
- ↑ 4.0 4.1 4.2 WHY MARC RICH IS RICHER THAN EVER The U.S. is offering a six-figure bounty for his capture, but that's just pocket money to the fugitive commodities trader who is nearing billionaire status in Europe., Fortune, 1 August 1988.
- ↑ Holly Watt, Heidi Blake, Gove raised £30,000 in private donations from City financiers; Cash was secured 'to support Education Secretary's work as an MP, Daily Telegraph, 21 October 2011.
- ↑ Henry M. Jackson Foundation Board of Governors, Henry M. Jackson Foundation, accessed 24 October 2013.
- ↑ Josh Jackman, Poverty charity’s boycott is like Nazi Germany, says new group, Jewish Chronicle, 19 February 2015
- ↑ Dean Godson, Himself Alone: David Trimble and the Ordeal of Unionism, Harper Collins, 2004, p.xx.
