His plan is to someday distribute AIC's funds in the U.S. and the Caribbean.
When the market fell in 2000, he crushed the competition with a 26% return on AIC Advantage.
Sharing the dais with Khatami were AIC President Hooshang Amirahmadi and the Sudanese Ambassador to the United States.
He also sent out a letter to AIC's 350, 000 shareholders and embarked on a 22-city tour across Canada to reassure them.
AIC's clients wound up with shares of the Canadian money managers C.
In the lobby of AIC's headquarters in Burlington, west of Toronto, a pair of parrots from the Solomon Islands greet visitors with squawks of "Buy!"
Gary Sick illustrates the broad reach of the AIC-NIAC network.
The financial-sector bets piled up, however, and now AIC is the eighth-largest holder of Merrill Lynch and the largest holder of TD Bank and Amvescap, which controls Invesco's funds.
Two years later, in 2001, Parsi came to the United States to pursue his graduate studies but also went to work as a managing director for Hooshang Amirahmadi at AIC.
The area is home to giant defense contractors like Lockheed Martin and Northrup Grumman, both of which have a huge need for technology talent, and to large defense-oriented technology companies like AIC and CACI.
Amirahmadi discussed his close relations with almost all of Iran's senior government officials as well as his strong association with senior U.S. officials through AIC, saying he has worked with former Secretary of State Madeleine Albright, current Secretary of State John Kerry and former Ambassador to the United Nations Thomas Pickering.
Bennett Johnston of Louisiana, who was chairman of the Senate Energy and Natural Resources Committee and is an AIC board member, commends Amirahmadi's work and suggests that the Islamic regime and Khamenei -- who is the ultimate keyholder to all decisions -- is not ready to have an Iranian-American in the game.
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