Henry Jarecki
Encyclopedia
Henry George Jarecki, MD (born April 15, 1933, Stettin, Germany now part of Poland) is an American academic, psychiatrist, entrepreneur and philanthropist.
for England and subsequently America with his family.
Jarecki graduated from the Medical Faculty at Heidelberg University in 1957, and subsequently spent more than a decade as an academic, teaching at the Yale Medical School, and a psychiatrist in private practice New Haven, Connecticut
, and at the Yale-New Haven Hospital
. Jarecki remains an Adjunct Professor at Yale. With Dr Thomas Detre, Jarecki was the author of Modern Psychiatric Treatment, a study of psychopharmacology. As an academic, he was author or co-author of a number of articles in the psychiatric field, notably about psychiatric units in general hospitals, combined amitriptyline
/phenelzine
poisoning, and drug addiction.
& Goldsmid, Ltd. In 1969, he established, in partnership with London’s Hambros Bank
later Standard Chartered Bank
, the American counterpart to Mocatta & Goldsmid, known as Mocatta Metals Corporation. He managed the company until his divestment of the firm in the late 1980s. Jarecki’s activity in the bullion market was as a dealer in precious metals options, and he became a figure in the money markets when Mocatta became the principal counterparty in the Hunt Brothers' attempted silver corner in 1980. Mocatta & Goldsmid had previously been involved with stabilization of the markets under similar circumstances, such as the 1913 rescue of the Indian Specie Bank.
During his involvement with the Mocatta Group, Jarecki served as a director of the Futures Industry Association
, the National Futures Association
, COMEX
and the Chicago Board of Trade
and was an adviser to the Commodity Futures Trading Commission
in the years following its establishment. Jarecki was also the founder of a number of other business ventures, notably Brody, White & Co., a brokerage firm that is now a part of Newedge Group.
Jarecki was known for pioneering the use of computers in the commodities markets, for making Mocatta the first prominent Wall Street firm to employ ethnic minority and female traders and for introducing exchange-traded options to the American futures markets.
After his divestiture from Mocatta, Jarecki was the Chairman and lead investor in the pioneering movie information and ticketing company Moviefone
, which he sold to American Online in 1999.
(2007), The Third Wave
(2008), Tyson
(2009), and Cat on a Hot Tin Roof
(2009). Jarecki also makes an appearance as himself in the Melvin Van Peebles
biopic, How to Eat Your Watermelon in White Company (And Enjoy It) (2005).
(IIE)' He is the founding Chairman of the IIE’s Scholar Rescue Fund
about which he, with Daniela Kaisth, has written a book entitled Scholar Rescue in the Modern World.. In January 2011 Jarecki and Kaisth talked about Scholar Rescue Fund and its mission to the anchors of Newsbutterfly TV (http://digg.com/news/world_news/henri_jarecki_chairman_of_the_iie_s_scholar_rescue_fund_champions_the_cause_of_women_news_butterfly_tv_blip_tv).
In 2004, he co-founded the Gloria and Henry Jarecki School in Ratanakiri, Cambodia. Previously, he served as a trustee of the American Museum of Natural History
and the Classical Theatre of Harlem
.
Jarecki is a member of the Advisory Council at the Department of German at Princeton University
' He presently serves as a Governor of H. Lavity Stoutt Community College in Tortola
, British Virgin Islands
, as a trustee of the Island Resources Foundation, and is on the board of a number of cultural and charitable organizations in New York and the British Virgin Islands
.
magazine. Together, they "were nominated for the Travel Industry of America's Hall of Leaders for their environmental work in ecotourism on Guana Island." He is the father of four sons; the finance executive Thomas A. Jarecki, and the filmmakers Andrew Jarecki
, Eugene Jarecki
and Nicholas Jarecki
. He is the brother of Dr. Richard W. Jarecki, also a physician and formerly on the faculty of the University of Heidelberg, who is noted for the development of statistical analysis of gambling facilities.
, where he owns two islands within the archipelago
: Norman Island
and Guana Island
. Jarecki was made an honorary Belonger
of the BVI.
In 1978, Jarecki bid on the former Stuyvesant Fish mansion at 19 Gramercy Park
South on the corner of Irving Place in Manhattan
, New York City
, but was outbid. When the property – which has more than 37 rooms on six floors for over 18000 square feet (1,672.3 m²) of living space – became available again in 2000, he was able to purchase it, with plans to use it as both a home and the headquarters of the family foundation, the Timber Falls Foundation.
launched a "Hall of Fame" to celebrate its fiftieth anniversary and to honor "the accomplishments and recognize the significant contributions individuals have made to the futures and options industry." For his contribution to the industry, Jarecki was one of the initial 55 honorees, among whom were also Alan Greenspan
, Senator Robert Dole and Leo Melamed
.
Early life and career
Henry Jarecki is the son of Max Jarecki, a physician, and Gerda Kunstmann, the scion of a shipping family. As a child, he fled Nazi GermanyNazi Germany
Nazi Germany , also known as the Third Reich , but officially called German Reich from 1933 to 1943 and Greater German Reich from 26 June 1943 onward, is the name commonly used to refer to the state of Germany from 1933 to 1945, when it was a totalitarian dictatorship ruled by...
for England and subsequently America with his family.
Jarecki graduated from the Medical Faculty at Heidelberg University in 1957, and subsequently spent more than a decade as an academic, teaching at the Yale Medical School, and a psychiatrist in private practice New Haven, Connecticut
New Haven, Connecticut
New Haven is the second-largest city in Connecticut and the sixth-largest in New England. According to the 2010 Census, New Haven's population increased by 5.0% between 2000 and 2010, a rate higher than that of the State of Connecticut, and higher than that of the state's five largest cities, and...
, and at the Yale-New Haven Hospital
Yale-New Haven Hospital
Yale-New Haven Hospital , Connecticut's largest hospital with 966 beds, is located in New Haven, Connecticut.The hospital is owned and operated by the Yale New Haven Health System, Inc...
. Jarecki remains an Adjunct Professor at Yale. With Dr Thomas Detre, Jarecki was the author of Modern Psychiatric Treatment, a study of psychopharmacology. As an academic, he was author or co-author of a number of articles in the psychiatric field, notably about psychiatric units in general hospitals, combined amitriptyline
Amitriptyline
Amitriptyline is a tricyclic antidepressant . It is the most widely used TCA and has at least equal efficacy against depression as the newer class of SSRIs...
/phenelzine
Phenelzine
Phenelzine is a non-selective and irreversible monoamine oxidase inhibitor of the hydrazine class which is used as an antidepressant and anxiolytic...
poisoning, and drug addiction.
Business career
In 1967, Jarecki became involved with the London bullion house, MocattaMocatta
Mocatta is the name of a prominent Anglo-Jewish family originally from Spain known for philanthropy, leadership and sponsorship of arts and letters, particularly in the United Kingdom...
& Goldsmid, Ltd. In 1969, he established, in partnership with London’s Hambros Bank
Hambros Bank
Hambros Bank was a British bank based in London. The Hambros bank was a specialist in Anglo-Scandinavian business with expertise in trade finance and investment banking, and was the sole banker to the Scandinavian kingdoms for many years...
later Standard Chartered Bank
Standard Chartered Bank
Standard Chartered PLC is a multinational financial services company headquartered in London, United Kingdom with operations in more than seventy countries...
, the American counterpart to Mocatta & Goldsmid, known as Mocatta Metals Corporation. He managed the company until his divestment of the firm in the late 1980s. Jarecki’s activity in the bullion market was as a dealer in precious metals options, and he became a figure in the money markets when Mocatta became the principal counterparty in the Hunt Brothers' attempted silver corner in 1980. Mocatta & Goldsmid had previously been involved with stabilization of the markets under similar circumstances, such as the 1913 rescue of the Indian Specie Bank.
During his involvement with the Mocatta Group, Jarecki served as a director of the Futures Industry Association
Futures Industry Association
The Futures Industry Association is a trade association in the United States composed of futures commission merchants. A futures commission merchant is analogous to a broker; they are entities that accept orders and payment for commodity futures for execution on a futures exchange...
, the National Futures Association
National Futures Association
The National Futures Association is an independent self-regulatory organization and watchdog of the commodities and futures industry in the United States. The NFA oversees and protects investors from fraudulent commodities and futures activities. The NFA also provides mediation and arbitration...
, COMEX
Comex
Comex may refer to:*COMEX, a division of the New York Mercantile Exchange *COMEX , a French company in undersea engineering*COMEX, a gold trust owned by iShares...
and the Chicago Board of Trade
Chicago Board of Trade
The Chicago Board of Trade , established in 1848, is the world's oldest futures and options exchange. More than 50 different options and futures contracts are traded by over 3,600 CBOT members through open outcry and eTrading. Volumes at the exchange in 2003 were a record breaking 454 million...
and was an adviser to the Commodity Futures Trading Commission
Commodity Futures Trading Commission
The U.S. Commodity Futures Trading Commission is an independent agency of the United States government that regulates futures and option markets....
in the years following its establishment. Jarecki was also the founder of a number of other business ventures, notably Brody, White & Co., a brokerage firm that is now a part of Newedge Group.
Jarecki was known for pioneering the use of computers in the commodities markets, for making Mocatta the first prominent Wall Street firm to employ ethnic minority and female traders and for introducing exchange-traded options to the American futures markets.
After his divestiture from Mocatta, Jarecki was the Chairman and lead investor in the pioneering movie information and ticketing company Moviefone
Moviefone
Moviefone is an American-based movie listing and information service. Moviegoers can obtain local showtimes, theatre information, film reviews, or advance tickets...
, which he sold to American Online in 1999.
Career as a producer
Henry Jarecki has also been a motion pictures and theater producer, with credits including Gardeners of Eden (2004), Cuba: Island of Music (2005), Ain't Supposed to Die a Natural DeathAin't Supposed to Die a Natural Death
Ain't Supposed to Die a Natural Death is a musical with a book, music, and lyrics by Melvin Van Peebles. The musical contains some material also on three of Van Peebles' albums, Br'er Soul, Ain't Supposed to Die a Natural Death and As Serious as a Heart-Attack, some of which were yet to come...
(2007), The Third Wave
The Third Wave
The Third Wave was an experiment to demonstrate that even democratic societies are not immune to the appeal of fascism. It was undertaken by history teacher Ron Jones with sophomore high school students attending his "Contemporary World" history class as part of a study of Nazi Germany...
(2008), Tyson
Tyson
-Surname:*Alan Tyson , British musicologist*Barbara Tyson , Canadian actress*Bill Tyson, Irish writer and producer*Cathy Tyson , British actress*Cicely Tyson , American actress...
(2009), and Cat on a Hot Tin Roof
Cat on a Hot Tin Roof
Cat on a Hot Tin Roof is a play by Tennessee Williams. One of Williams's best-known works and his personal favorite, the play won the Pulitzer Prize for Drama in 1955...
(2009). Jarecki also makes an appearance as himself in the Melvin Van Peebles
Melvin Van Peebles
Melvin "Block" Van Peebles is an American actor, director, screenwriter, playwright, novelist and composer.He is most famous for creating the acclaimed film, Sweet Sweetback's Baadasssss Song, which heralded a new era of African American focused films...
biopic, How to Eat Your Watermelon in White Company (And Enjoy It) (2005).
Philanthropy
Jarecki serves as Vice-Chairman of the Institute of International EducationInstitute of International Education
Institute of International Education - is a non-profit organization promoting international exchange of education and training. It was established in 1919 and is based in the USA....
(IIE)' He is the founding Chairman of the IIE’s Scholar Rescue Fund
Scholar Rescue Fund
The Scholar Rescue Fund provides fellowships for established scholars whose lives and work are threatened in their home countries. These fellowships permit professors, researchers and other senior academics to find temporary refuge at host universities and colleges anywhere in the world, enabling...
about which he, with Daniela Kaisth, has written a book entitled Scholar Rescue in the Modern World.. In January 2011 Jarecki and Kaisth talked about Scholar Rescue Fund and its mission to the anchors of Newsbutterfly TV (http://digg.com/news/world_news/henri_jarecki_chairman_of_the_iie_s_scholar_rescue_fund_champions_the_cause_of_women_news_butterfly_tv_blip_tv).
In 2004, he co-founded the Gloria and Henry Jarecki School in Ratanakiri, Cambodia. Previously, he served as a trustee of the American Museum of Natural History
American Museum of Natural History
The American Museum of Natural History , located on the Upper West Side of Manhattan in New York City, United States, is one of the largest and most celebrated museums in the world...
and the Classical Theatre of Harlem
Classical Theatre of Harlem
The Classical Theatre of Harlem is a professional theatre company founded in 1999 at the Harlem School for the Arts. CTH is the only year round theatre company operating on an AEA LORT contract in Harlem, and presents a world repertory ranging from Euripides to Derek Walcott...
.
Jarecki is a member of the Advisory Council at the Department of German at Princeton University
Princeton University
Princeton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution....
' He presently serves as a Governor of H. Lavity Stoutt Community College in Tortola
Tortola
Tortola is the largest and most populated of the British Virgin Islands, a group of islands that form part of the archipelago of the Virgin Islands. Local tradition recounts that Christopher Columbus named it Tortola, meaning "land of the Turtle Dove". Columbus named the island Santa Ana...
, British Virgin Islands
British Virgin Islands
The Virgin Islands, often called the British Virgin Islands , is a British overseas territory and overseas territory of the European Union, located in the Caribbean to the east of Puerto Rico. The islands make up part of the Virgin Islands archipelago, the remaining islands constituting the U.S...
, as a trustee of the Island Resources Foundation, and is on the board of a number of cultural and charitable organizations in New York and the British Virgin Islands
British Virgin Islands
The Virgin Islands, often called the British Virgin Islands , is a British overseas territory and overseas territory of the European Union, located in the Caribbean to the east of Puerto Rico. The islands make up part of the Virgin Islands archipelago, the remaining islands constituting the U.S...
.
Family
Jarecki is the husband of Gloria Jarecki, formerly a film critic at TimeTime (magazine)
Time is an American news magazine. A European edition is published from London. Time Europe covers the Middle East, Africa and, since 2003, Latin America. An Asian edition is based in Hong Kong...
magazine. Together, they "were nominated for the Travel Industry of America's Hall of Leaders for their environmental work in ecotourism on Guana Island." He is the father of four sons; the finance executive Thomas A. Jarecki, and the filmmakers Andrew Jarecki
Andrew Jarecki
Andrew Jarecki is an American filmmaker, musician, and entrepreneur. He is best known for Capturing the Friedmans, which won eighteen international prizes including the Grand Jury Prize at the Sundance Film Festival and the New York Film Critics Circle award, and was nominated for an Academy...
, Eugene Jarecki
Eugene Jarecki
Eugene Jarecki is an author and a dramatic and documentary filmmaker based in New York.His works include Why We Fight, which won the 2005 Grand Jury Prize at the Sundance Film Festival, The Trials of Henry Kissinger, Reagan, Freakonomics , Quest of the Carib Canoe, and Season of the...
and Nicholas Jarecki
Nicholas Jarecki
Nicholas Jarecki is an American writer and filmmaker, best known for his 2005 documentary The Outsider.A native of New York City, Jarecki attended New York University's film school and graduated at age 19....
. He is the brother of Dr. Richard W. Jarecki, also a physician and formerly on the faculty of the University of Heidelberg, who is noted for the development of statistical analysis of gambling facilities.
Residences
Jarecki has a home in Rye, New York and is also a part-time resident of the British Virgin IslandsBritish Virgin Islands
The Virgin Islands, often called the British Virgin Islands , is a British overseas territory and overseas territory of the European Union, located in the Caribbean to the east of Puerto Rico. The islands make up part of the Virgin Islands archipelago, the remaining islands constituting the U.S...
, where he owns two islands within the archipelago
Archipelago
An archipelago , sometimes called an island group, is a chain or cluster of islands. The word archipelago is derived from the Greek ἄρχι- – arkhi- and πέλαγος – pélagos through the Italian arcipelago...
: Norman Island
Norman Island
Norman Island is located at the southern tip of the British Virgin Islands archipelago. It is reputed to be the inspiration for Robert Louis Stevenson's pirate novel Treasure Island.-History:...
and Guana Island
Guana Island
Guana Island is an island of the British Virgin Islands in the Caribbean. One of the few remaining privately-owned islands in its part of the world, Guana has seven white powder-sand beaches and of tropical forest, mountains, hills, and valleys...
. Jarecki was made an honorary Belonger
Belonger status
Belonger status is a legal classification normally associated with British overseas territories. It refers to people who have close ties to a specific territory, normally by birth and/or ancestry...
of the BVI.
In 1978, Jarecki bid on the former Stuyvesant Fish mansion at 19 Gramercy Park
Gramercy Park
Gramercy Park is a small, fenced-in private park in the borough of Manhattan in New York City, United States. The park is at the core of both the neighborhood referred to as either Gramercy or Gramercy Park and the Gramercy Park Historic District...
South on the corner of Irving Place in Manhattan
Manhattan
Manhattan is the oldest and the most densely populated of the five boroughs of New York City. Located primarily on the island of Manhattan at the mouth of the Hudson River, the boundaries of the borough are identical to those of New York County, an original county of the state of New York...
, New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
, but was outbid. When the property – which has more than 37 rooms on six floors for over 18000 square feet (1,672.3 m²) of living space – became available again in 2000, he was able to purchase it, with plans to use it as both a home and the headquarters of the family foundation, the Timber Falls Foundation.
Awards and honors
In 2005, the Futures Industry AssociationFutures Industry Association
The Futures Industry Association is a trade association in the United States composed of futures commission merchants. A futures commission merchant is analogous to a broker; they are entities that accept orders and payment for commodity futures for execution on a futures exchange...
launched a "Hall of Fame" to celebrate its fiftieth anniversary and to honor "the accomplishments and recognize the significant contributions individuals have made to the futures and options industry." For his contribution to the industry, Jarecki was one of the initial 55 honorees, among whom were also Alan Greenspan
Alan Greenspan
Alan Greenspan is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. He currently works as a private advisor and provides consulting for firms through his company, Greenspan Associates LLC...
, Senator Robert Dole and Leo Melamed
Leo Melamed
Leo Melamed is a former chairman of the Chicago Mercantile Exchange , current board member of CME Group and chairman of the CME Group Foundation. He is a longtime executive in the field of global derivatives....
.