Albert Meyer, manager of the Mirzam Capital Appreciation Fund (MCAF), is well aware of the responsibility that comes from managing other people’s money. His career-long crusade to expose corporate malfeasance has gained him recognition in the community and in the media. He was awarded the Michiganian of the Year award in 1995 for exposing the New Era Philanthropy Foundation, a Ponzi scheme that defrauded nonprofits of hundreds of millions of dollars. He also demystified Coca-Cola’s financial statements, alerting investors to the fact that the company was feeding off its not-so-independent bottlers to artificially inflate its own numbers. He also published what he claims was the first expose of Tyco International’s notorious accounting and governance practices, a report that was then picked up by the Wall Street Journal.
Return to “Overlooked Managers: First Things First.”