Corporate RaidingPosted: May 27, 2014
Inder Singh has served as an executive at companies such as Cisco and Comcast. Currently, he is an advisor to the United States Department of Homeland Security on national security as a tech industry expert. Possessing Series 7 and 63 licenses, he earned degrees in finance and engineering from New York University and Columbia. Most recently, he worked at Comcast as a senior vice president. Inder Singh previously worked at Cisco Systems as a vice president of corporate portfolio management and long range planning. His comprehensive knowledge of finance and securities encompasses modern techniques such as quantitative financing, as well as traditional methods like corporate raiding.
Corporate raiding, which was especially popular in the 1970s and 1980s, involved purchasing a large number of shares in a publicly traded business and then using shareholder voting rights to control the direction of the company in order to increase the value of shares. The methods of increasing share values often came in the form of downsizing and liquidating. During the 1990s, measures were put in to place to prevent corporate raids, although today’s activist shareholders perform similar practices.