Fei, a former private equity executive, was acting as an adviser to Beijing Kunlun Tech Co Ltd, Grindr's owner at the time, on the deal, the documents show. However, when Lu was raising funds to buy Grindr in the second half of and early , potential investors were told by firms helping him raise the money that Fei was involved in the effort with him in various capacities, a review of four different fundraising documents shows. The duo had also done business together in other ventures: Fei was a member of the board of a Chinese restaurant operator in which Lu served as chief executive officer, according to that restaurant company's annual report. If CFIUS were to find the statements were not true, it can also lead to civil penalties and criminal charges under the false statement provisions of the U. Lu, Fei, Kunlun and Grindr did not respond to emailed requests for comment. While the resume lists positions going back to , it does not mention some of his business dealings in China.
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The economic policy of the Barack Obama administration was characterized by moderate tax increases on higher income Americans, designed to fund health care reform , reduce the federal budget deficit , and decrease income inequality. President Obama's first term — included measures designed to address the Great Recession and Subprime mortgage crisis , which began in These included a major stimulus package, banking regulation, and comprehensive healthcare reform. As the economy improved and job creation continued during his second term — , the Bush tax cuts were allowed to expire for the highest income taxpayers and a spending sequester cap was implemented, to further reduce the deficit back to typical historical levels. The number of persons without health insurance was reduced by 20 million, reaching a record low level as a percent of the population.
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We have prepared Guides to doing business research. We encourage you to visit our reference desk in the Bronfman Business Library, Room S, Schulich School of Business, email our reference service use our IM chat reference service or phone us for research assistance. A very large majority of these titles is available in full-text or full-image, with some dating back as far as the s. A wide range of business subjects is covered.