The Financial Crisis Of The Usa - 10326 Words

1. Introduction In 2007-2008, most firms and individuals experienced a worst financial crisis in the recent 80 years. The crisis first started at the USA then extended to the whole world and it spreads from the financial markets to the real economy rapidly. During this financial disaster, Unfortunately, some financial institutions such as Lehman Brothers, WorldCom and General Motors did not overcome the negative impacts unfortunately, covering almost all major industrials who have a significant effect to the global financial markets. The main source of the crisis is precisely from investment banks, who lent money to individuals according to the value of collateral like investment properties. However, with the movements of market price,†¦show more content†¦Most principal aspects of counter-party credit risk such as risk classifications, risk measurements will be discussed in the following chapters. Since financial risk management is playing an indispensable role in recent years, how to bala nce between the expected loss and potential return is a commonly concerned topic in financial institutions. Meanwhile, some portfolio models, related simulation methods as well as the methodology of coding EE, PFE, CVA and RC will be introduced later. 2. Counter-party credit risk This type of risk is known as default risk between two or more counter-parties. Though it is one risk type and it may occur together with other dangers such as market risk, liquidity risk and liquidation risk. It can be seen that each one type of these risks may change the positions of counter-parties, which will give rise to the result that a firm or individual cannot afford the contractual debt. Recently, counter-party credit risk is regarded as one main financial risk due to a sequence of the failures of some global firms in 2007-2008 such as Lehman Brothers, Washington Mutual and Enron. In general, the size and the scale of counter-party can be considered as a protective barrier of credit risk, but these cases above contradict the point of view. 2.1 Introduction of counter-party credit risk 2.1.1 Origins of counter-party credit risk All companies will generate great exposure to banksShow MoreRelatedThe Global Financial Crisis Of The Usa1383 Words   |  6 PagesThe recent global financial turmoil started on July 2007 ,mainly in the USA and spread among developed nations in the later part of 2008 and subsequently shifted to the developing nations .this crisis consisted of some prime drawbacks not only for the developed countries but also for developing countries .the most talked about issue in the recent financial arena in the global financial crisis ,which started to show its effect in the middle of the year 2007.the turmoil ,however ,was rooted in theRead MoreFinancial Crisis And Its Effects On Businesses, Governments, And Consumers978 Words   |  4 PagesThe worldwide impact of the recent financial crisis outlines the importance of having a decent understanding of crises. Latest episode has definitely showed that status of economic as well as the financial performance is greatly affected by financial turmo il. During the crisis, world stock markets have been collapsed, largest financial institutions have been bought out or fallen, and the wealthiest nations like UAE, UK of USA had to stand up and aid their financial systems as well as the economic onesRead MoreWhy India Recovered Quickly From The 2008 Global Crisis Essay1594 Words   |  7 Pagesrecovered quickly from the 2008 global crisis? Vivek Shah MBA AF 629 December 12, 2016 Introduction It’s the most heard term about the global economy in the recent years and it’s the year we have been always hearing about its 2008. We all have been a part of it in some or the other way and all the major economies had been affected by the global turmoil which eventually lead to the worst situation after the Great depression of 1929. 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A number of books, newspaper articles and media reports have been written in relation to what caused the crisis; due to the vast source of information and discussion on the topic, origins of the crisis couldRead MoreThe Financial Crisis Of 2007 And 20091594 Words   |  7 PagesPrior to the crisis in 1907, individual banks such as JP Morgan and the reserve banks of New York were considered full service financial institutions. In the year 1913, the Federal Reserve System was created by congress to help stabilize the financial market by acting as the lender of last resort to the banking institutions (federalreserve.gov). Nonetheless the great depression still hit the economy between 1929 and 1933 which led to the stock market crash and market share value decrease by 80% (historyRead MoreThe World Experienced A Tremendous Financial Crisis Essay1131 Words   |  5 Pagestremendous financial crisis which rooted from the U.S housing market; moreover, it is considered by many economists as one of the worst recession since the Great Depression in 1930s. After posing a huge effect on the U.S economy, the financial crisis expanded to Europe and the rest of the world. It brought governments down, ruined economies, crumble financial corporations and impoverish individual lives. For example, the financial crisis has resulted in the collapse of massive financial institutionsRead MoreBusiness Cycle1566 Words   |  7 Pagescycle will be also demonstrated in the second part. The final part of this essay will analyse and compare the situation of Australian economy and USA economy in period of 10 years since 1998 based on the concept of â€Å"the business cycle†. In addition, this is the writer’s opinion about the busi ness cycle relied on these above data about exhibit Australian and USA economy performance. WHAT IS THE BUSINESS CYCLE? According to Burns (1946, p.3): â€Å"business cycle is a kind of fluctuation happened in aggregateRead MoreKeynesian Theory During The Great Depression949 Words   |  4 Pagesrates to name the few. Financial crisis that occurred in 2007-2008, boosted the debate among politicians, economists, scholars over the way the economics policies should be conducted. To begin with, Keynes came up with a theory that challenged monetarist model, that was widely employed in 1930s, as a reflection of the unprecedented events of the Great Depression. From Keynes’ point of view, it was the failure of the free market theory that led the world into financial crisis. Keynes stressed the factRead MoreGlobal Financial Crisis 1067 Words   |  5 PagesThe best evidence so far for the existence of an American empire, despite denials to the contrary, is the Global Financial Crisis (GFC). The persistent removal of restrictions and oversights on the domestic financial system of the US, combined with the decisions of individual firms, other governments and foreign financial organisations, culminated in the singe largest depreciation of assets and currency valuations in history, surpassing even the Great Depression in its extents. The United States

The Is Not A Serial Killer - 1326 Words

Guns. Blood. Death. Three of the most prominent words or actions used to describe video games. Arum Steinbeck wakes up, goes to school, comes home and plays video games. His face glued to the television, he is exposed to gruesome acts of violence. Nonetheless, Arum Steinbeck is not a serial killer. How is this possible? Adolescents who play video games are killers. Dead wrong. 90% of children in the US play video games and 90% of those children play games that involved mature content. Yet, it is possible that not one of these children will grow up to commit serious acts of violence. For most of the children who do end up committing crimes other factors are involved in the equation nonetheless, society tends to blame what they cannot explain. It is easier to blame video games than to accept responsibility for our actions. To put a seranio to words say there is an adolescent drunk driver who gets into a car accident and kills a family. When in court the intoxicated driver will plead no t guilty putting the blame on anyone besides themselves. We have fingers to point them. People get in trouble with the law and need a way out, society has made videogame companies a revolving door of allegations that a court of law should find the person rather than the fictional game responsible. In summary, violent video games do not cause real life violence, though some people seems to wish it did. Anders Breivik â€Å"killed 77 people at a political youth camp.† Breivik â€Å"used holographic aimingShow MoreRelatedSerial Killers And The Serial Killer1101 Words   |  5 Pagesâ€Å"The serial killer ‘is an entirely different criminal,’ †The term serial killer is misleading on the ground that each murder is intended to be the last.† We see them as a figure of â€Å"the dark side of human potential,† but they believe they’re â€Å"on a heroic quest for the biggest score possible† They believe they are â€Å"the archetypal figure of impurity, the representative of a world which needs cleansing.† However, society knows that serial killers are not heroes, and they’re not cleansing the worldRead MoreSerial Killer And Serial Killers Essay1171 Words   |  5 PagesAmerica has some of the most infamous serial killers who marked history, serial killers who once didn’t even think to harm any human being. Many people grow up differently from others, some people grow up in a safe environment surrounded with caring people and others grow up in a completely different environment being missed treated by others, therefore are serial killers made or born? A serial killer is defined as â€Å"a person who commits more than three murders over a period that spans more thanRead MoreSerial Killer : Serial Killers909 Words   |  4 PagesAccording to an FBI study, â€Å"there have been approximately 400 serial killers in the United States in the past century, with anywhere from 2,526 to 3,860 victims (Hickey). No one really understands serial killers. It is actually quite difficult to comprehend how the mind of a serial killer works. Some believe that a serial killer feels strongly attracted by a specific physical characteristic in the victim. It could be his or her appearance: facial features, clothes, or even personality. On the otherRead MoreSerial Killers And The Serial Killer1080 Words   |  5 Pageshelp? This was the technique one of the most infamous serial killer Ted Bundy used to approach his victims and ultimately murder them. B. Background and Audience Relevance: Today, I will be speaking to you about serial killers. C. Speaker Credibility: I decided to do my topic on serial killers because, criminology is something I’m genuinely interested in and would like to learn more about it myself. D. Thesis: By learning about serial killers, hopefully in the future they can be captured fasterRead MoreSerial Killers : A Serial Killer1219 Words   |  5 PagesAlthough serial killers come in all shapes and sizes, there is a general profile that criminologists go by when trying to profile a criminal. The typical serial killer is a white male in his late 20s to early 30s, kills within his own race, his targeted victims share specific characteristics, and his method of murder is â€Å"hands on† in means of strangulation. The types of serial killers include visionaries, missionaries, lust killers, thrill killers, gain killers, and power seekers. Depending on theRead MoreSerial Killer : Serial Killers1858 Words   |  8 PagesA serial killer is defined as someone who has murdered two or more victims and the incidents occurred at separate events at different times (Morton). Serial killers can be motivated by a variety of things like anger and the power and thrill they feel by gaining control. The common misconception is that people become violent because they are mentally unstable, but not all mentally unstable people are serial killers. So the important question is what causes the distinction. One common theory is thatRead MoreSerial Killer : Serial Killers939 Words   |  4 PagesWhat is a serial killer? Serial killers are very sick and distraught compared to others. As indicated by the Vancouver Sun, a serial killer is characterized as somebody who is responsible for more than three killings over a period that than traverses over one month.In 2005 the fbi changed it to at least two killings with no reference to intention or time span. Generally, serial killers murder for some kind of mental benefit. Serial Killers can come in all shapes and sizes: don t be tricked byRead MoreSerial Killer And Serial Killers1644 Words   |  7 PagesSerial Killer A serial killer is someone who has killed three or more people on separate occasions with enough time between, allowing them to calm down or reflect on what they did. There are separate categories for serial killers. The types of serial killers are organized killers, unorganized killers, and medical killers (Crime museum, 2015, para. 1, 2, 3). Beverley Allitt was considered to be under the medical killer category. Allitt killed a total of 4 children in less than a year span (McCrystalRead MoreSerial Killers And The Serial Killer1566 Words   |  7 Pagesthe serial killer is ultimately unknown, many researchers agree about â€Å"one-half of 1%† of homicides are determined to be the product of serial killers (Homant Kennedy, 2014). In order to prevent future victims, improve the ability of law enforcement to detect and apprehend, potentially incorporate treatment for current serial killers, and increase the ability to detect potential future serial killers it is important t o identify characteristics that may cause one to become a serial killer. TheRead MoreSerial Killers And The Serial Killer2026 Words   |  9 Pagesneurological differences and biological disparities contribute to them becoming a serial killer, such as whether a person is a male or female. Also, people who suffer from neurological disabilities such as psychopathy are at more of a risk. People who live in the United States of America (USA) are statistically more likely to become a serial killer. There are many factors that can drive a person to become a serial killer and not everyone turns into one.. It takes a specific type of person to commit

Mscquiz1 Free Essays

Chapter one – A The U. S, and indeed much of the world, has been described as a â€Å"knowledge society. † How does this affect productivity measurement and comparison of productivity between the U. We will write a custom essay sample on Mscquiz1 or any similar topic only for you Order Now S. and other countries? Illustrate with an example. Productivity is the ratio of out puts (goods and services) divided by inputs (resources and capital). The creation of goods and services requires changing resources into goods and services; the more efficiently we make this change, the more productive we are, and the more value is added to the good or services provided. By applying the ten decisions of operation management (om) help us to be efficient: developing and using the correct strategy helps us to be effective. The measurement of productivity is an important way to evaluate a country’s ability to provide a high stander of living for its people. Only through the increase of productivity, improve the stander living, and labor, capital and management receive high salary. When productivity increase using the same resources, the prices will go down, and if labor and capital increase without increase in productivity raises the prices. The U. S has been able to increase productivity at an average rate of almost 2. 55 per year which has double the U. S. ‘s wealth every 30 years. Three factors are important in improving the productivity; such as, labor, capital, and management. In order to improve the labor productivity, the labor force should be better utilized with a stronger commitment; training, motivation, team building and human resource strategies, and improved education are some of the techniques which contribute to increase productivity. The effective sue of capital increase the productivity, and management accounts for over half of the annual increase productivity. The postindustrial societies are known as knowledge societies, and using knowledge and technology are essential in postindustrial societies. In these societies much of the labor force has migrated form manual work to technical and information processing tasks require on going education. Compare to other industrialized countries, the U. S. remains the world leader in overall productivity and services productivity; despite having the same problems with service productivity as other countries. The productivity challenge is difficult. A country cannot be world class competitor with second class inputs such as poorly educated labor insufficient capital, and dated technology. High productivity and high quality out puts require high quality inputs, including good operation managers. Since education is foundation to efficient operation in a technological society, countries are focusing on highly skilled workforce which is essential for global competitiveness. Example: From the text Siemens, the multi-billion-dollar German conglomerate, has long been known for its apprentice programs in its home country. Due to education is often the key to efficient operations in a technological society, Siemens has spread its apprentice-training programs to its U. S. plants. These programs are laying the foundation for the highly skilled workforce that is essential for global competitiveness. Chapter One – B David Upton is president of Upton Manufacturing, a producer of G0-kart tires. Upton makes 1,000 tires per day with the following resources: Labor:400 hours at $12. 50 per hour Raw Material:20,000 pounds per day at $1 per pound Energy:$5,000 per day Capital:$10,000 per day . What is the labor productivity for these tires at Upton manufacturing? Productivity = units of output hours of labor Productivity = 1,000 400 = 2. 5 units per labor hours b. What is the multi-factor productivity for these tires at Upton manufacturing? 400 * 12. 50 = $5,000 a day Productivity = _______ _Output__________________ _______ Labor+ material +Energy+ Capital+ Miscellaneous = _____________ 1,000_______________ ____ $5,000 + $20,000 + $5,000 + $10,000 + 0 = 1,000 units $40,000 = 0. 25 unit per $ c. What is the percent change in multi-factor productivity if Upton can reduce the energy bill by $1,000 without cutting production or changing any other inputs? Productivity = _______ _Output__________________ _______ Labor+ material +Energy+ Capital+ Miscellaneous = _____________ 1,000___________________ $5,000 + $20,000 + $4,000 + $10,000 + 0 = 1,000 units $39,000 = 0. 02564 units per $ Percentage Change in multi-factor productivity = 0. 02564 0. 025 = 1. 0256 or 2. % Chapter Two –A In order to sustain a competitive advantage, restaurants must employ one the following three strategies: 1. ) Cost leadership; 2. ) Response; and 3. ) differentiation. Give one original example (one not mentioned in the text) of each of three restaurant chains that you could associate with each one of these strategies. (Use a fast food restaurant for only one of your three examples. Strategy is an organization ’s action plan to achieve the mission: the strategy exploits opportunities and strengths neutralize threads and avoid weaknesses. The firms achieve missions in three conceptual ways: differentiation, cost leadership, and response which mean that operations managers are abele to deliver goods and services that are better, or at least different, cheaper and more responsive. The three strategic concepts can generate a system that has a unique advantage over competitors, and provides an opportunity for operations managers to achieve competitive advantage. Differentiation is concerned with providing uniqueness: a firm’s opportunities for creating uniqueness are not located with a particular function or activity, but can arise in virtually everything that firm does. The opportunities creating this uniqueness are limited only by imagination due to most products include some service, and most services include some products. So, effective operations mangers assist in defining everything about product or services that will influence the potential value to the customers. Example: In Differentiation, the best example that will fit the description would be Illusitions (Thai Cuisine) where you sit around a big pan in the middle and they cook the food in front of you which takes about 10-15 minutes. The difference is the uniqueness of the style of cooking. I have heard that in Thailand, the food is eaten when it’s very hot. So by having a big pan in the middle, kind of brings the essence of Thai food. They also provide the samples of different foods for you to try. Cost leadership entails achieving maximum value as defined by the customers. It requires examining each of the ten operations management decision in a relentless effort to drive down costs while meeting customer expectations of value: a low cost strategy does not imply low value or low quality. Example: The best example which can fit in the description of Cost leadership is McDonald. They provide fast food in low prices which are unbeatable and provide an exceptional quality. They have grown tremendously in few years in national and international perspective. They are the one of the largest fast food chains in US and other countries. Response is define as including the entire range of values related to timely product development and delivery, as well as reliable scheduling and flexible performance. Flexible response is ability to match change in a marketplace where design innovations and volumes fluctuate substantially. The reliability of scheduling is another aspect of response: it manifests it self in reliable scheduling and it has value to end customers. Quickness is an other aspect of response; the operation mangers who develop system that respond quickly can have a competitive advantage. The operation management can increase productivity and generate a sustainable competitive advantage. Example: The restaurant that I think is suitable for this criterion is Olive garden. They serve with love and tradition. It has a different environment then any other restaurants. It gives a very cozy feeling. The people eat there are mostly families. Chapter Two – B In your own words (i. e. , not using sentences or phrases taken form the text or other resources), explain the difference between an international strategy and a transnational strategy. Identify on company (not mentioned in the text) that employs an international strategy and one that employs a transnational strategy. The difference between the international strategy and transnational strategy is that international strategy is on international level. The company takes its products to a different country and launches it in that country. They introduce their product in a different country where the competition is low and also the costs are low. Some companies have their raw products come from a different country where they pay less for their purchases. Some companies such as Whirlpool started out in a US state Michigan which now has more than 50 plants in different countries that make washing machines, refrigerators, and stoves. The biggest reason is the cost and cheap labor. On the other hand, transitional strategy is when a US company takes its products to a different state where their competitors are few and also the product margin is high and costs are low. In the field of Transitional strategy, one of the most common examples is Wal-Mart. They are dominating the market because they have low prices and acceptable quality. They have different plants in different states in US. They compete with their competitors in every way which is cost, quality, and expediency. They buy goods from different states in US and other countries. How to cite Mscquiz1, Essay examples