Background

Successful modern business marketing lays emphasis on meeting the needs of the customers. This focus is a departure in the opposite direction from the traditional business whose major concern was selling its products or services. Corporate Social Responsibility (CSR) is one way of meeting not only the direct customers’ desires but also the needs and expectations of all the stakeholders of a business (Ortenblad 2016). Unethical profiteering practices of large companies and customer awareness due to free flow of information have forced many companies to make CSR a key strategic focus in their conduct of business. Besides enabling a ...

Abstract

The given case study discusses the rise and fall of Nortel Networks Corporation, which was one of the world’s largest telecommunication corporation. Nortel was a Canadian global organization that was at its peak in the early 2000s and apparently, it botched due to inefficient echelon management, inflated earnings and costs, dysfunctional directors’ board, as well as, illusion of constancy and stability. Although there were numerous possibilities that could have been adopted to prevent the fall and demise of the company; however, those roads were unfortunately not traveled. Nortel’s downfall began when it fails to live up to ...

Introduction

In late 2007, the Dow Jones Industrial Average (DJIA) closed at a record low. Stock markets around the world nose-dived alongside the DJIA. Turbulence in the sub-prime segment of the US housing market, paralysis of the credit markets, excessive lay-offs in organizations, steep decline in investments etc. were all some of the indicators that the world was heading for a massive credit crunch. In the words of Mr. Strauss-Kahn, head of IMF, “Intensifying solvency concerns about a number of the largest U.S.-based and European financial institutions have pushed the global financial system to the brink of systemic meltdown” (BBC ...

Jane Doe

Autism is a disease that begins to show signs in early childhood and continues throughout the individual’s life. There are wide arrays of signs, symptoms, and behaviors that can be seen among those who are diagnosed with Autism Spectrum Disorder (ASD), which can make proper diagnosis challenging at times. To better understand the complex nature of ASD, several videos are observed and correlated with the diagnosis criteria from the American Psychological Association’s DSM-V. The following six videos each display a variety of autistic individuals of various ages that show the different symptoms common to ASD.

Video 1: Two Year Old Boy

In the ...

The majority of historians argue that a new era began in the early 1990's resulting from the end of the Cold War era as well as the Gulf crises. In actual fact, "it was this new era of globalization, of a world being tied together by flows of investment, of trade, of ideas, of culture, of people travelling all the time" (Yergin, "Commanding Heights: The New Rules of the Game"). There is no exaggeration to say that "we are living through a revolution. The 1990's saw the creation of a new king of global economy - a single market, ...

The Savings and Loan Crisis, or commonly known as S&L, is termed as one of the largest financial crisis in the United States history. The crisis began in the late 1970s, and its impacts on the economy were felt in the 1980s and ended in the early 1990s. Various sources have indicated the causes of the S&L crises. Some of the documented reasons include high and volatile interest rates during the period, the phase-out and its elimination, negative regional economic conditions, and federal and state deregulation of depository institutions. Other reasons include deregulation of the thrift industry, declining regulatory ...

Introduction

Since the landmark case of Enron Corporation controversy in 2001 involving the company’s bankruptcy, the public’s view of structured finance and derivatives has been tainted with suspicion of unethical exploitation. Although the legalities involving the abuse of structured finance by market participants for economic gains is still being explored, recommendations are necessary in order to minimize the impact of a market meltdown.

Defining Structured Finance and Derivatives

The term structured finance is rarely defined, but to give an example, a structured financial transaction often uses an SPE or a special purposes entity. A larger corporation uses an SPE as a subsidiary in ...

Question 1.

The European Integration has undergone several changes to be what it is now. Several incidents and treaties marked the turning points for the EU in its infancy years to create a more stable and unified European cooperation. The Marshall Plan formed in 1948 consolidated democracy in Europe after the German defeat in the WW2 (Dinan 1122). The United States proposed the plan to speed up economic development in the transatlantic region. The plan saw the creation of the OEEC (Organization for European Economic Cooperation) liberalize trade and the Coal and Steel Community to oversee the extraction of coal in ...

The year 2008 marked a massive economic catastrophe that hit the US since the End of the Depression that the world experienced in the 1930’s. This economic meltdown began in 2007 when the prices of homes in the United States began to fall and this quickly spread to other financial markets overseas. Before the Economic crisis began, the price of owning a home was way beyond the reach of many Americans. This was characterized by high mortgage interest rates that persisted in the United States prior to the Economic meltdown of 2008. Before the start of the economic ...

Introduction

Money plays a vital role in the determination of income and employment . interest rate are a significant determinant of aggregate spending ad the Federal Reserve which controls the money growth and the interest rates is the first institution to be blamed when the economy of in trouble. Now the question arises what is money.

Money Definition

Money is a medium of exchange. Money is divided into commodity money and token money. To some economist there is difference between commodity money and token money. A commodity money is a medium of exchange which has a commodity value as distinct from a value ...

Part A

Child’s name: ___________________________________________ Staff member completing form: ___________________________________________ Behavior: ___________________________________________ Date(s) data collected: ___________________________________________ The child’s behavior is important in influencing the productivity of others in class or in the field. The behavior also influences other children’s behaviors as children look to imitate behaviors that are highly irritable and makes them easily noticeable. Additionally, the behavior is also critical when it comes to security concerns of other children around him. There is a high probability that other children could be injured as a result of the anger that a child holds and reacts to when ...

Introduction

Current problem: Greece’s economy was in the brick of falling and other nations had to look for a way to stabilize their economy. Thesis statement: During an economic meltdown, there is no winner or loser since it affects everyone in one way or another. Coming together to save a failing economy is the only way out of a financial meltdown

Background

Greece was heavy in debt and could not borrow more to settle its creditors. The failing economy spiked major concern to its investors (Mattich, Could Greek Deal Be Bad For Eurozone Growth? par 1). Major Point 1: Despite ...

The Fukushima Daichi is a technological disaster triggered by natural calamities on March 11th, 2011, when a massive earthquake measuring 9.0 on the Richter scale hit Japan. The earthquake originated from Honshu Island, and it created a tsunami. Following the tremor, reactors one, two and three automatically shut down. Reactors 4, 5 and 6 had been previously shut down for maintenance and repairs. Due to felled power supply lines, the Fukushima Daichi reactor complex was cut off from the electricity grid. As the operating reactors had shut down, they could not generate power for them to cool down, and ...

Gross National Product or Gross National Happiness

It will not be a matter for an ace economist or even a budding economic graduate to gauge the nation’s growth through its Gross Domestic Product (GDP). A vintage multiple, GDP has long been used to forecast the productivity of a nation by summing the amount of goods and services produced by a nation during the year. Ironically, this economic multiple has the biggest flaw: It only measures money. We believe that our generation knows least about the Great Depression so let us propose our ideas by citing the recent financial meltdown of 2007-08 when even the world’ ...

Hoarding among Americans Born during the Great Depression: Understanding the Socio-Economic Conditions of a Forlorn Era in Relation to a Peculiar Habit

Introduction

The capitalist economic setup of the United States (US) is not purely a success story. While markets in the US appear robust and active in contemporary times, it does not mean that it has not experienced any form of fluctuations. In fact, various maladies have affected the US economy for one too many times. In fact, the most recent economic crisis that has hit the US – the global financial crisis of 2008, has left the nation reeling in the pains ...

Introduction

People are very privileged to witness and experience a profuse and diverse natural resources and wildlife on our planet. However, this abundance of natural resources comes with a big stewardship responsibility. For many years, people have known the moral obligation to conserve and guard the diversity of wildlife. Loss of different species is very common nowadays. This loss is brought by population growth, habitat fragmentation and loss, invasive disease and resource removal (IPCC, 2001). Scientists state that the world is now living the sixth vast extinction. Countless species are in jeopardy. For instance, in the United States, more than five-hundred ...

Introduction

In part 1 of The Ascent of Money, Harvard University’s Professor Niall Ferguson explains how the concepts of money and banking came into existence. He explains this in the context of the 2008 global financial meltdown. This part of the documentary lays the groundwork that will enable the narrator explain how the effect of bankruptcy of a few institutions could impact so heavily and widely on the financial system. The existence of banks in the financial system as a link between lenders and borrowers is critical to the survival of the concept of money. Yet the strength of the financial ...

Thesis

The global financial crisis was a period during which downturns were experienced in the stock markets, economic activities as well as losses in the housing market all over the world. During this period, banks had to be bailed out by national governments and consumer wealth declined significantly. The result was a major recession between 2008 and 2009 . This paper looks at the global financial crisis in the world, its effect in the US and measures taken by the US to manage it. This financial crisis was experienced in the world in the late 2000’s and the US was hit ...

It may be a mere co-incidence or accidental turn of events that the theme, concept, content, genre and approach of two generically different kinds of books can have so much of close association. In order to appreciate this feature, an analytical study of the following two books was made.

1: Technical Book:

- Description: A supplement for undergraduate and Graduate Investments Courses. - Publisher: Prentice Hall, 5th Edition (January 8, 2013) - Language: English - Paperback: 160 Pages 2. Non-fiction Book - Publisher: W.W. Norton & Company - Contents: 213 pages - Language: English 3. Article ...

Summary

The worldwide bestselling book by Thomas L. Friedman “The Word is Flat. A Brief History of the Twenty-First Century” examines globalization in the start of the 21st century. In the entire book, Friedman assists the reader to perceive the globe as a level playing stage, whereby traditional issues of geographical, as well as historical divisions, are becoming inappropriate, and all the competitors have an equal chance. In his book, Friedman depicts the way globalization has broken the boundaries of countries and is transforming the globe into an interconnected, flat world. The author looks at influences that shape businesses and competition ...

Introduction

Financial crises are generally protracted affairs. In most cases, the periods after a severe financial crisis have three similar characteristics. The first characteristic is that there is a deep and prolonged collapse of asset market. This means that the real prices of housing declines at an average of 35 percent. This decline is stretched over a period of more than six years. The price of equity also collapses at an average of 55 percent for over a period of three years. Secondly, there is a decline in the country’s output and employment. In this case, unemployment rate rises at a rate of 7 percent ...

Financial Crisis in U.S.

Summary of the Financial Crisis in U.S

The financial crisis in the United States was one of the historical financial meltdown in the world history. We all know how the ups and down frequently occur in this area, but a downfall like this affected the whole country. It all started in 2007, August. A few events in the past were a trigger to such an event. A noticeable event in 2001 occurred when the U.S faced a brief period of recession in the country, although the effects of it were covered up without much deep loss but a fear of such an uncertainty gained a place in ...

Financial Crisis in U.S.

Summary of the Financial Crisis in U.S

The financial crisis in the United States was one of the historical financial meltdown in the world’s history. We all know how the ups and down frequently occur in this area, but a downfall like this affected the whole country. It all started in 2007, August. A few events in the past were a trigger to such an event. A noticeable event in 2001 occurred when the U.S faced a brief period of recession in the country, although the effects of it were covered up without much deep loss but a fear of such an uncertainty gained a place ...

Security studies approaches have evolved over time in the international arena. In the globe currently, there are major driving forces that influence the advancement of global security studies. The reasons cited for this change include deep power politics, technological innovation and crucial events in the international security arena. Moreover, other reasons include institutionalization, local dynamics of intellectual deliberations. It is of immense significance to discover which forces are of massive significance that makes the decision in denoting a security incident. (Mukherjee, 2013). Core factors like realism and liberalism also feature prominently in the discourse of regionalization of security matters in ...

The Great Depression was a severe global economic meltdown that happened in the decade that preceded the Second World War. The time of the recession differed from country to country, but it was from 1930 till late 1930s and mid 1940s in some countries. The second film in the Great Depression Series by PBS, The Road to Rock Bottom, critically looks at the problems that faced farmers in United States before and during the Great Depression. The film examines the predicament of farmers, agricultural workers and sharecroppers. The focus is on the effects of harsh environmental factors such as drought ...

The International Monetary Fund (IMF) is originally designed to foster global monetary corporation. It is said to provide countries with policies that will aid their financial growth and development. It attempts to provide financial stability, facilitate international trade and establish financial growth. Ironically speaking, IMF is designed to aid in sustaining the world economy, however according to Sigilitz, it has resulted into a negative implication in the East Asia region. IMF policies have unconsciously created modern day colonialism that impacts the poor. It has generated a greater inequality and result to environmental destruction. The existence of the structural adjustment policies (SAPs) ...

Abstract

The project deals with the problem of divorce among African American families. The opening paragraphs induct into the overall state of affairs in the African American demographic group. Further sections of the research give insight into the reasons and the outcomes of family breakups for all family members. The research reflects the opinions of leading family planning, divorce, and psychology experts. Keywords: divorce, family, cause, effect, African, American Marriage is the formal unity of a man and a woman recognized and approved by the law and the church. However, there comes a time when a married couple is no longer willing ...

The worst nuclear incident on the land of the US happened on March 28, 1979, as it was the famous Three Mile Island accident, which was a nuclear meltdown in one of the two reactors of Three Mile Island in Dauphin County, Pennsylvania, US. The incident was also rated a five, in the group “Accidents with wider Consequences” on the International Nuclear Event Scale, which has seven as the maximum rate. The accident itself began with the halting of the secondary systems of non-nuclear group, which resulted with the failure of primary system`s relief valve, which was operated by a pilot. ...

Global recession is often thought of as a serious problem or threat considering that it affects an individual’s or a family’s financial capability to maintain their lifestyle. Even if people deny the effects of global recession, some are in an advanced state of panic as people deem their businesses, employment, and plans are over. In reality, the inconveniences and life-changing situations vary depending on where one is geographically located, how much of the business is at stake, and how long the financial crisis lasts. Despite the apparent doom and gloom the situation presents, there is still much that can ...

The economic meltdown in the US was, as a result, of the housing bubble burst that brought about a massive economic recession in the US. The film, Inside the Melt Down, depicts a series of large American corporations going bankrupt and their shares dropping down drastically due to the economic recession. For example, Bear Stearns is a one of the multinational investment company that took an economic downturn in that its shares dropped from $171 to only $57 in a single day. Given that the media aired out their concerns regarding the economic drift of the corporation, most investors withdrew from Bear Stearns. Despite ...

Geog 315: Assignment 2 Literature review

Introduction The Tohoku magnitude-9 earthquake occurred on March 11th 2011. Its epicenter was on the undersea floor of the Pacific Ocean, about 45 miles (72 kilometers) east of Tohoku in northeastern Japan, and at a depth of about 20 miles (32 km). The cause was the sudden movement at the junction of two tectonic plates – the Eurasian Plate rising over the Pacific Plate. The tremors lasted about six minutes, and caused a huge and devastating tsunami. Huge waves reached Japan’s coastline less than an hour after the earthquake itself, and in some locations travelled inland as far as six ...

The 1986 Chernobyl accident in Ukraine, the Three-Mile Island Unit 2 melt down in 1979 in Middletown USA, and the Japan’s Fukushima nuclear disaster in 2011 count as the three most serious nuclear disasters in the history. The occurrence of had immediate as well as long-term effects to the economies, environment as well as peoples’ lives in those countries. In this paper, a detailed comparison of the three incidences will be carried out with special emphasis on their causes and the short-term as well as long effects.

Chernobyl nuclear accident

The 1986 incidence is considered as an accident that resulted out of a ...

This film dramatized the American economic collapse of 2008. The collapse, and the subsequent "government bailout", was precipitated by a number of factors. As pointed out in the actual drama of "Too Big to Fail", the combination of unregulated banking practices and lax requirements for consumer credit created an economic meltdown that had worldwide repercussions. During the short period that led up to the so-called TARP (Troubled Asset Relief Program), colossal mortgage bankers were in the practice of underwriting mortgages for both commercial and residential properties, such as houses, condos, and retail space. Mortgage insurance companies, like the behemoth ...

Introduction

The introduction of banks replaced the traditional method of storing money. During the Stone Age period, human beings stored their possessions in caves and caverns. An ancient Chinese legend talked of a dragon which was the kept by villagers to guard their treasure. The banking industry replaced the need for hiring animals and soldiers to guard their possessions. The advent of banking replaced the barter trade and signaled the demise of the traditional method of keeping money. The conventional banking system was first developed in England. Banks kept equal an equivalent amount of gold or platinum with the amount of ...

In the twenty-first century, Global Warming has become one of the most talked about issues in the media. While most of the Western world has generally accepted the premise that man’s chemical emissions in the atmosphere can and are affected the world’s climate patterns, in the United States the issue has become so politicized, with many Republicans challenging the science behind the theory. Global Warming is also an archaic term for the issue despite is continued widespread usage. Since some places may get warmer, others cooler, the more accurate term to call the phenomenon is Climate Change. ...

In the twenty-first century, Global Warming has become one of the most talked about issues in the media. While most of the Western world has generally accepted the premise that man’s chemical emissions in the atmosphere can and are affected the world’s climate patterns, in the United States the issue has become so politicized, with many Republicans challenging the science behind the theory. Global Warming is also an archaic term for the issue despite is continued widespread usage. Since some places may get warmer, others cooler, the more accurate term to call the phenomenon is Climate Change. ...

How did 2008 financial made policy makers change their principle of free market with no government interference

The financial crisis of 2008 exposed the economy to a market environment for which it was wholly unprepared and which seriously affected policy makers' decisions. This made policy makers to change their principle of free market with no government interference to a principle where government intervention was the only solution. The financial crisis led to severe economy wide falls of about 20 percent in output and employment. For instance, unemployment and inflation have increased gradually since the financial crisis. It is vivid that the countries that experienced this economic recession have experienced severe short-term challenges and long-term constraints on their economic ...

In James Morrow’s novella Shambling Towards Hiroshima, a man is hired by the US government to put on a rubber monster suit and put on a demonstration in which he destroys a small city, in order to completely end World War II. As his main character says of his intentions for the beast, “I hope to make this magnificent lizard as famous a symbol for the abolition of nuclear weapons as Smokey the Bear has become for the prevention of forest fires” (Morrow 162). This scenario is an obvious homage to the Godzilla films from Japan’s Toho Company in the 1950s – a distinct ...

English 100

“One tricky question is whether the overall accelerated melting of the ice sheets can be linked to man-made climate change” . This is one of the controversial issues that Naik tried to address in his article entitled “Polar Ice Sheets Melt Faster” published online in The Wall Street Journal. The apparent participation of humans as contributory for the eroding glacial ice was likewise evaluated in greater depth by Revkin in his article entitled “A Message in Eroding Glacial Ice: Humans Are Turning Up the Heat” published in The New York Times. The current discourse hereby aims to present a comparative analysis ...

In the twenty-first century, Global Warming has become one of the most talked about issues in the media. While most of the Western world has generally accepted the premise that man’s chemical emissions in the atmosphere can and are affected the world’s climate patterns, in the United States the issue has become so politicized, with many Republicans challenging the science behind the theory. Global Warming is also an archaic term for the issue despite is continued widespread usage. Since some places may get warmer, others cooler, the more accurate term to call the phenomenon is Climate Change. ...

- World Happiness Rankings Worldly happiness can be termed as an index for measuring the human well being of the various nations of the world; a concept that was introduced in 2006. The process of comparing happiness across different cultures of the world is a rather complicated exercise. Different researchers and scholars in the field of happiness and economics have been looking for ways of measuring happiness across cultures and among individuals. Researchers have even devised a Happiness world index dubbed “Happy Planet Index (HPI)”. According to the researchers, “The index measures the well being of people and its possible environmental ...

RESEARCH PAPER ON BUSINESS ENVIRONMENT: EASY JET

Easy jet is a British airline based at Lurton Airport. It began its operations in 1995 as a two-route airline. Since then it has grown to be recognized as one of Britain’s largest airline. This classification is based on number of passengers it handles and the level of sophistication of its equipment and airplanes combined with its excellent services. It is one of the airlines credited with revolutionizing the air business in Europe. This is because of its low-cost strategy that became appealing to the customers within a short period while also the airline made great profits. Easy jet has experienced ...

Priority: High

Re: Reforming Corporate Ethics ____________________________________________________ It is a matter of urgent concern that corporate ethics is still not fully followed up to satisfactory levels either due to ignorance of some business people or because they have been taken for granted. By definition, legal environment consists of ethics in business, is the motivation on opinions and ideas on perspective of wrong and right in the business environment entailing virtues and recognizing the governing laws. Business ethics tend to have varied perspective whereby it is associated with developments, corruption and also organisation’s systems. The levels and rate of unethical ...

The global financial crisis is one of the major challenges that our world is facing today. Since 2007, this problem has been setting off where world stock markets fell and large financial organizations have been wiped out or sold at the lowest prices. Even the richest and powerful nations have resorted to expansive bail-out packages to save their large banks and financial institutions. According to Bloomberg, the U.S had spent $9.7 trillion while UK and the rest of the European countries have spent $2 trillion on bail out packages. This global economic meltdown is influenced by various factors specifically ...

Introduction

For the purpose of analyzing the governance structure of a business in New Zealand, Mighty River Power has been chosen. Mighty River Power is a New-Zealand headquartered electricity generation company, which was formed in the year 1999 after splitting from the Electricity Corporation of New Zealand. On May 2013, the firm was partially privatized by the government, with the government retaining 51.78% stake and the remaining 48.22% of the stake held by private investors. They generate electricity in a number of ways; which also includes hydroelectric power and geothermal plants located in various parts of the country. They are a major source of ...

Introduction

Today nuclear reactors and any explosions known to be closely related to nuclear power are most fear across the globe due to their known adverse effects that can last for decades. Across the globe, there have been several nuclear blasts, which have left many people disabled and living in dysfunctional families. Reporters who have witnessed such occurrences in history note that these are sad happening that can render a whole region “uninhabitable” for a long time (Walker 1). The Three Mile Island accident marked history in 1979 as one of the worst nuclear accident in the history of nuclear power. In ...

An important source of “clean energy” is generated by nuclear fission. There are around 400 nuclear power plants all over the world generating as much as 15 % of the electricity that we utilize. Most nuclear reactors use radioactive or “enriched” Uranium as their fuel. The breakdown of heavy uranium atoms by neutrons or “nuclear fission” releases energy, which is then harnessed. This reaction is self-sustaining and produces large amount of heat that required coolants to control. During nuclear meltdowns, there is insufficient supply of coolant that could result in the hot Uranium melting through the steel reactor vessels and ...

Movie Review: The Warning

Brief Summary of the Video The video that was selected was entitled “The Warning” featured online through Frontline. It presented relevant concerns about how allowing and promoting unregulated market forces would inevitably result to a devastating financial meltdown. Featured in more than 54 minutes of play time, the video’s main parts included the golden era when Alan Greenspan, known as the rock star, ruled the economy ; how Brooksley Born, a brilliant lawyer, then the head of the CFTC, tried to warn the American public through Congress, of the need to regulate the over the counter derivatives market; and how ...

Question 1

Fortunately the Prime Minister (PM) was able to understand the implications of the situation when he first learned of the problems. The communication was good, but only because the PM) flew to the plant to insist that he know what was happening. (Inside Japan, 2012) In 2009, a government scientific committee had warned Fukushima Daiichi plant about their need to take more action to prepare for a disaster. During the disaster there was no electricity and the apparatus to vent gasses to prevent an explosion “was difficult to open manually.” (Inside Japan, 2012) Reliable back-up electricity was not available but the ...

Proposal for the Analysis of “Global Financial Crisis-2007”

During our lifetime we have seen many small and big recessions in different financial markets across the globe. The biggest of them all in last eighty years is definitely the Global Financial Crisis of 2007 which is also known as Subprime Financial Crisis. It being by far the most discussed economic topic of our times, lots of things have been said about why it happened and how it could have been averted. Still we are struggling to get out of the deep rooted impact it left upon the global economy.

The Global Financial Crisis did not just happen overnight. ...

The world’s population is constantly on the rise, and in the same manner, people are constantly craving for better standards of living. The constantly increasing world population coupled with the ever increasing standard of living has led to an increased demand for energy, and to curb this seemingly insatiable appetite for energy, efforts are in place to source for reliable, sustainable and large sources of energy. Several sources of energy are being explored to compliment the old methods like hydroelectric power; notably, hydroelectric power has for a long time been considered a pertinent source of energy due to its clean ...

- What is the title of the film, what (brief summary) is it about (subject, topic)? The film is entitled Inside Job. A documentary film made in 2010, Inside Job garnered praise and recognition for its creative, accurate, and enlightening narrative of the 2008 economic crisis. The film traces the roots of the problem through an introductory example of Iceland, whose attempts to expand the economy through deregulation policies backfired – particularly on the financial sector. It is later explained that Iceland was not the only country who tried to use deregulation as a tactic and failed. The story ...

Introduction

The Great Depression Before the Great Depression occurred, US faced an economic boom in 1920s and then there was a depression period (Iranj, 2012). In Great Depression, many companies went bankrupt. Unemployment rate was 25% in Great Depression as well and today there are a lot of states in America that are facing the problem of unemployment (David, 2011). One of the main factors the current economic crises and the Great Depression is the risky investments. Same was the case in 2008. Europe and UK also faced the similar problems. People are still in a sense of déjà-vu as ...

Q1. This simplest explanation for this is that when the economy failed, Bear Sterns spiked the mortgage of people’s houses, which gave the company a negative name and thus led to investors ceasing loans to the firm. In more complex terms, Bear Sterns tied itself up in numerous derivatives dealings that involved subprime-based investments. Other banks caught on to the amount of “toxic waste”, i.e. The subprime-based investments that the firm held and they stopped making short term loans that Bear Sterns desperately needed to remain liquid. As a result, Bear Sterns was forced to start selling off ...

The complete lack of ethical leadership displayed in the Enron scandal has hardly been unique over the last decade, but rather seems to be one of many examples of massive corporate fraud, corruption and lack of social responsibility to employees, consumers, shareholders and the general public. Fraud and corruption on Wall Street and the mortgage industry resulted in the worst financial meltdown in history, and WorldCom under the leadership of Bernie Ebbers collapsed in one of the worst corporate frauds in history. Over the last decade, public confidence in corporate leadership and the economic system in general has been ...

As exploitation of nuclear energy continues, safety and security should be given prime concern .All forms of energy have draw backs with positive impacts of one form being recommended mitigation steps to negative impacts of another form of energy and vice versa. Nuclear power exploitation has been rewarding in offering full time employment opportunities at every facility at the same time being a source of revenue to governments, guaranteeing non –interrupted supply of electricity enhancing energy security as they have larger generators of electricity efficiently full filling base load demands. This is due to the fact that the nuclear ...

I think that the film provides a well-detailed and comprehensive analysis of the causes of the global financial crisis. Ferguson says that at a figure of $20 trillion, the financial crisis almost lead to another great depression akin to the 1929 depression. There is a global connection to the crisis that spans geography. The crisis extends from the United States, China, France, Singapore, Iceland and England. Ferguson uses research from politicians, journalists, scholars and financial insiders to present a mind-blowing assessment of the financial crisis. Ferguson’s documentary the Inside Job is an accurate depiction of the causes of the financial meltdown that ...

The global financial crisis adverse effects started in mid-2007 with the credit crunch that deepened in the year 2008. These effects initiated the most severe economic crunch since the Great Depression. It affected the economies of various countries and there geographical reach (Berkman, Gelos, Renhack and Walsh, 2009). Most developed and developing countries most of which that have developing markets encountered high levels of financial strain and slow economic actions. The aim of this research paper is to identify in detail the several ways in which the global financial crisis refigured international relations. The paper explains the role played ...

Dependence Of Man On The Environment

Energy is the most essential resource in the day to day endeavors of mankind. It is an inevitable resource and has been utilized by man since the inception of the earth. During all that time, there have been quite number of modes of production of energy; some of which have detrimental effects to the environment and the people at large. The analysis of these effects has indicated that drastic measures have to be taken in order to save the environment lest the future becomes at a risk of inexistence. As important as energy is, it is quiet unfortunate that ...

The global financial crisis started affecting the economies in mid 2007 and the after effects were felt from 2008. The effects are such as falling stock markets, the collapse of financial institutions and governments around the world dealing with financial failure and debts. The European trading bloc is one that has faced the worst crisis in history as a result of the financial meltdown. The globalised economies both in trade and national economies create the interconnected financial systems that are why the crisis affected almost everyone on the planet. One suggestion by the author is that the crisis could have ...