Good Morning. It is a privilege to receive this award with such other distinguished honorees. I am most pleased to accept it on the day before Martin Luther King’s birthday – the day on which we acknowledge and celebrate not only the birth of Dr. King but also the birth that he gave to the civil and human rights movements here in the United States and around the world. I feel doubly blessed to be given this honor because of the indelible connection between Dr. King and that other famous … [Read more...]
Articles
Frank blogs regularly for the Huffington Post and writes occasional columns and articles for publications such as the International Business Times and The Economic Times of India.
Frank writes on a wide variety of topics that are critical to shaping the future of America and the American dream and to making the United States and the world a better place. These include: Business; education; poverty and inequality; politics and public policy; immigration; manufacturing; innovation; leadership; citizenship; and social commentary.
Frank’s most recent blogs are highlighted on this page. To read other blogs or articles by Frank, click on the categories or publications links on the left.
TiE DC gives legendary award to Mr. Islam
TiE DC honors Ken Bajaj, Frank Islam and Sharad Tak Legends awards bestowed on 3 entrepreneurs. By Scott Preston VIENNA, VA: The Washington, DC, chapter of The Indus Entrepreneurs recognized three prominent Indian American entrepreneurs with the Legends Awards on Friday night. Entrepreneurs Ken Bajaj, Frank Islam and Sharad Tak were honored at the chapter’s annual gala held at The Barn at Wolf Trap here for their the career accomplishments and services. Bajaj has … [Read more...]
Article written by Economic Times on awards presented to Mr. Islam
3 Indian-Americans honoured by The Indus Entrepreneurs By PTI | 13 Dec, 2014, 12.24PM IST WASHINGTON: Three Indian-American entrepreneurs have been felicitated by The Indus Entrepreneurs (TiE) with its annual legend awards in recognition of their risk-taking, mentoring of young entrepreneurs, philanthropy and years of dedication to the local community. The awards were presented to Ken Bajaj, Frank Islam and Sharad Tak last night at the annual gala of TiE DC attended by … [Read more...]
Mr. Islam Comments On Philanthropy by Economics Times
Delivering the maiden American Bazaar Philanthropy Lecture here over the weekend, Deshpande said India has all the ingredients required for making the country a hub of global innovation. Washington: Describing India as a ripe ground for innovation, an eminent Indian American venture capitalist and entrepreneur believes that innovation is happening better in the country than anywhere else in the world. "Innovation is happening in India better than anywhere in the world," said … [Read more...]
US industry experts commend India-US strategic dialogue
US Secretary of State John Kerry, US Secretary of Commerce Penny Pritzker & Arun Jaitley The recently concluded India-US Strategic Dialogue set the tone for improved strategic and economic ties at a pivotal point in bilateral partnership, representatives of American corporate sector and experts have said. "It is heartening to see that despite divergent views on certain issues, there is a sincere commitment towards the renewed bilateral strategic partnership," said Diane … [Read more...]
Big Bank Financial Settlements: Get out of Jail Free Cards?
In mid-July, Citigroup agreed to pay $7 billion for what the U.S. Department of Justice (DOJ) called "egregious misconduct" related to its handling of subprime mortgages and mortgage securities in the run up to the financial crisis. This was not a singular result. It is part of a trifecta. In March of this year, Bank of America entered in to a $9.5 billion settlement with the Federal Housing Finance Agency as the conservator for Fannie Mae and Freddie Mac for its alleged transgressions on … [Read more...]
Unions Labeled. Workers Trapped.
The beating that the UAW took in the election at the Volkswagen (VW) plant in Chattanooga, Tennessee a month or so ago was nothing compared to the beating that unions took before and after that defeat. In the good old days of organized labor, it was "look for the union label." In these extremely trying times for them, it is look at the unions being labeled. In our opinion, this is bad for the American worker and the American economy. We'll explain why later in this blog. Let us begin, … [Read more...]
Let’s Grow Wall Street and Main Street Together
In spite of a bumpy start in the financial markets in the first month of the New Year, we remain bullish on the potential for the growth of the economy at the macro and GDP level. We are bearish, however, on the potential for the growth of the economy overall at the micro or IEW level -- that's Individual Economic Well-being. For the American economy to truly recover in 2014, we need growth at both levels. We need to grow Wall Street and Main Street. And, that growth needs to be reciprocal … [Read more...]
Contrary to Popular Opinion: America Doing Well (Relatively) Economically and Competitively
President Barack Obama opened his State of the Union Address last night with a statement on the increasing strength of the American economy. He made a sound case by citing positive progress over the past year in a number of areas including job creation, American car sales, domestic oil production, the housing market and the stock market. There is only one problem. That is, in spite of the evidence, a number of American citizens may not share the president's perspective or assessment. In … [Read more...]
The Need to Build Virtuous Organizations
Over the past few years, various business publications and economists have cited the need for an economic virtuous cycle -- a condition in which positive results engender more positive results and help to grow the economy. As we approach the end of 2013, the economy should be moving strongly toward a virtuous cycle, because many large corporations have been, and are, reaping record profits. Instead, we are stuck in a variable cycle. That's because many of those corporations are doing little … [Read more...]