Missy Broome

It's Missy!

Troy McQuagge’s Big Win for USHEALTH Group

The continent is full of great men and women who exhibit exemplary leadership skills at their different position of leadership. I must admit that despite their progress, not all of them get recognized and be awarded or at least get nominations. However, this does not undermine the credibility of their amazing leadership abilities.

One leader who happens to score on all fronts is Troy McQuagge, the current president and CEO of USHEALTH Group. Mr. Troy brought joy and merry down to his organization by topping the CEO of the Year position at the esteemed One Planet℠ Awards, 2016. Winning this award is no mean achievement and Troy has all the reasons to rejoice. The One Planet℠ Awards seeks to reward excellent leaders all over the world regardless of their industry involvement.

Mr. Troy joined USHEALTH Group in 2010 and straight away started working his way up to the big seat. Thanks to his distribution agency strategy, Troy was able to completely turn around the company, a factor that saw him ascend into the big seat. While at the CEO he used his expertise and leadership skills to influence growth, success, and profitability in the business thus helping it gain the reputation it commands in the health insurance industry.

About Troy McQuagge

Troy is a well-established entrepreneur and businessperson from the city of Panama in Florida. As the president of the USHEALTH Group, McQuagge seems to be in good control. He also doubles up as the group’s CEO. Mr. Troy is an alumnus of the University of Central Florida where he graduated with a B.A degree in Legal Studies.

Troy is not only qualified but also well qualified. With over thirty years’ experience in the industry, Troy has deservedly earned himself the best CEO of 2016 award. Mr. Troy started his career in 1983 at Allstate Insurance Company. In 1995 he moved to join UICI that later changed its name to HealthMarkets. Troy during his time at HealtMarkets helped the company realize one of the largest profits in their books.

Naturally, Troy McQuagge is a born leader. His CV speaks volumes about him, and the One Planet℠ Awards might just be his starting point for subsequent great Excellence recognition awards.

Why Didn’t James Dondero Purchase Greek Sovereign Bonds?

Nowadays, there are many governments which issue sovereign bonds. This allows them to raise money on the international capital markets. Why did James Dondero’s Highland Capital fund choose to invest in Argentina and not Greece?


“Greece is Usually Bankrupt”


The whole concept of the credit score is to measure “creditworthiness.” Well, how many of these nations are truly creditworthy? Most African nations are not able to issue sovereign debt because they are not deemed to be “creditworthy.”


Is Greece creditworthy?


Did you know that for 50% of its existence as an independent nation, Greece has been in default, according to Forbes? Of course, that is a horrible record. Forbes described Greece as a “basket case.” Is a basket case creditworthy?


What most people don’t know is that many Greek public, income-producing assets have already been encumbered. Many of them are already owned by creditors or have large liens placed against them. That is why some refuse to buy Greek sovereign bonds.


“Strong Argentina Infrastructure”


How Does Argentina look? Since 1824, Argentina has defaulted 8 times. That also makes it one of the top countries for financial insolvency. Why did Highland Capital’s Jim Dondero purchase Argentina bonds and not Greek bonds?


Eventually, an estimated 24% of Highland Funds assets were invested in Argentina. James Dondero and his “alpha analysts” calculated that the “country’s natural resources, developed infrastructure, and educated population would ultimately limit losses.” Unfortunately, Greece does not have as many undeveloped natural resources.


Some also believe that Argentina still has the financial ability to repay its debt, while Greece might not. After Mauricio Macri was elected in 2015, Argentina offered to “pay $6.5 billion to settle lawsuits.” Compare this to Greek’s inability to repay its debt and request for more funding by the EU Central Bank.


“Math Counts”


James Dondero has invested in the Dallas community by purchasing computers for the students to learn their mathematics. The “Reasoning Mind” charity is a nice project “teaching people how to fish.” Hopefully, these future leaders can increase the proficiency of governments in balancing their budgets.