Finance expert Mike Periu on Pimco’s Mohamed El-Erian’s open letter to President Obama to offer Economic Turnaround Plan.
November 07, 2012 Mohamed El-Erian, CEO and Co-Chief Investment Officer of the Pacific Investment Management Company or PIMCO, which oversees over $1.8 trillion in fixed income investments, has some advice for the President. El-Erian, a well-respected investor and analyst, has published an open letter to the President offering a four-point plan to turn the economy around. The plan recommends:
- Restoring greater flexibility to our labor markets and making our workforce globally competitive in terms of skills and preparation.
- Addressing the huge problems in the housing market with an eye on a recovery and growth instead of just stabilization.
- Creation of a more robust, diverse and stable banking system.
- Address the fiscal cliff immediately.
Who is Mike Periu?
Mike Periu is the President of Proximo, LLC, a company that markets education and training programs to small business owners, entrepreneurs and consumers.
Mike Periu has been interviewed over 500 times for broadcasters including CNN, NBC TVE, RTE and others. Mike is a contributing author to OpenForum, Yahoo! Finanzas and the Huffington Post.
Mike graduated from Georgetown University in Washington, DC. His degrees are in Finance and International Business. In addition to his work Mike is also on the Board of the Council for Economic Education.
A little about Mike Periu
Periu founded Proximo, LLC nearly 15 years ago. The company provides small business education and training services with an emphasis on finance and technology.
Periu teaches empowerment through entrepreneurship and economic opportunity. He regularly appears on television and radio talking about these subjects.
Periu also writes for leading blogs about finance. These include: American Express OpenForum, Yahoo! Finanzas and the Huffington Post.
Periu studied Finance and International Business at Georgetown University. He is a Board member at the Council for Economic Education.
