decisions, blind spots, and rationalizations. A critical decision into the ethics of Baum comes just after he speaks with the CDO manager in the Las Vegas restaurant. As the CDO manager explains synthetic CDOs, his convenient relationship with Merrill Lynch, and that fact $1 billion is bet on the housing industry each night, Baum begins to understand America’s economy may be on the brink of collapse. He immediately stands up, tells his team to buy $500 million more in swaps, and looks to find salvation
Analysis of leadership role in influencing employees’ ethical and unethical behavior, A Case study of Bernard Ebbers (Ex - CEO WorldCom) Written By Oluwakemi Annafi Kidus G. Mehalu and Addis Ababa (2011) defined ethics as concerning itself with human conduct or activity that is done knowingly or consciously and does have applicability to organizational life. Organizations as entities do not make decisions; individuals acting in the interests of the organizations do, this fact is buttress by Erondu
company Merrill lynch is one of the world’s leading wealth management and financial advisory companies, providing financial and investment banking services. It comprises of 15,000 financial advisors and $2.2 trillion in client assets; it is the world 's largest brokerage. Earlier the firm was publicly owned and traded on the New York Stock Exchange under the ticker symbol MER. About the case: Merrill lynch has introduced a new client relationship technique known as “SUPERNOVA “at the Merrill lynch
Yann Martel is an award-winning Canadian author with many notable works, including Life of Pi. In this novel, Trent University alumnus depicts a story of a young Indian boy, Piscine Patel, who is stranded on a lifeboat with a Bengal tiger after a shipwreck. In Life of Pi, Yann Martel presents two stories to leave the reader conflicted as to what story is true, which emphasizes the reader’s subjective ideology and the realization that there is no absolute truth. Most readers presume that the relativity
In 1936, Charles Weidman, a pioneer of the Modern Dance movement, released a performance called “Lynch Town.” The dance reflects Wiedman’s experiences of a mob lynching that he experienced when he was a child, and in a broader context it symbolizes destructive, primitive human instincts. “Lynch Town” is about how humans react when they encounter the actions of hate crime and encourages its viewers to revolt against hate crime; Weidman portrays this social issue that prevails today by using Modern
Ambiguity is the characteristic of a word, phrase, or book that can be understood in multiple ways. Henry James, during the middle part of his career, incorporated this type of vagueness into his writing. One of James's most debatable use of ambiguity was a ghost story. In the novella The Turn of the Screw, Henry James uses conflict, perspective, and ambiguity to create a mystery, with his own twist, for the reader to solve and leave them guessing. James, through conflicts involving the children
Hegel believes that ، A man's fate is immediately connected with his own being ; it is something which, indeed, he may fight against, but which is really a part of his own life’. (Edward Caird,26,27). Therefore, it is believed that fate may be inevitable or unavoidable as well as divinely inspired. Fate is often associated with negative connotations when compared to destiny. For example, a person who has experienced a misfortune might resign himself to fate. Since he thinks that fate is inevitable
South, during the period 1880-1940, there was deep-seated and all-pervading hatred and fear of the Negro which led white mobs to turn to “lynch law” as a means of social control. Lynchings, which are open public murders of individuals suspected of crime conceived and carried out more or less spontaneously by a mob, seem to have been an American invention. In Lynch Law, the first scholarly investigation of lynching, which was written in 1905, author James E. Cutler stated that. “Lynching is a criminal
characteristics in common, bravery, strength (physical or fortitude), and most importantly, they never give up. In the novel, “I Am a Soldier Too: The Jessica Lynch Story”, by Rick Bragg, Bragg portrays the last characteristic, never giving up,as a theme through the story of a prisoner of war, Jessica Lynch, a hero. Jessica Lynch, a war
The following essay is going to argue that dissemination is a better trope for describing the intertextual relationship between Eileen Chang’s novella Lust Caution and Ang Lee’s film adaptation Lust, Caution. First, the essay will clarify the definitions of interpretation and dissemination, and use various examples from the novella and film adaptation to illustrate how dissemination is a better trope for describing the intertextual relationship between Eileen Chang’s novella and Ang Lee’s film adaptation
Drive is such a widespread and general word for a movie title which reflects the director's intentions, which is for each viewer to conclude their own ideas on the tone, character traits, symbolism, dialog, and ending. Nicolas Winding Refn, the movies director, takes the viewer on a unique path of understanding. Unlike the majority of movies which use very few techniques to convey meaning to the viewer , Drive uses many techniques that call for the viewer to decipher such as music, restraint in oratory
David Lynch’s Mulholland Drive (2001) is almost a genre of its own, blurring the line between reality and dreams, and exploring the complexities of Hollywood and its characters. The film is a work of art that combines many themes and genres, such as film noir, psychological thriller, and surrealism. In this essay, I will analyze Mulholland Drive within a historical context using the auteur theory, considering Lynch’s unique vision and artistic control over the production of the film, as well as the
Benjamin Errickson Dr. Neuhauser Principles of Microeconomics 10/26/15 Frontline’s Breaking the Bank In Breaking the Bank by Frontline, Ken Lewis, the CEO of Bank of America and Merrill Lynch CEO John Thain show the story of these two CEOs, their banks at the heart of the financial crisis during 2008 while merging their two banks, and the government's new role in taking over the American banking system. In September 2008 when the American economy was on the verge of being broken. Secretary
If one were to ask me to describe myself, I’d describe myself as a very ambitious, diverse, intelligent, risk taking man. I am ambitious, because I love being successful. I love when I achieve the things that I’ve always wanted to achieve. I am diverse enough to know that there is no thing such as one truth or manner. I am diverse, because I lived in three different countries, I spoke three different languages and I witnessed three different cultures. I am intelligent, not only because my academic
(as subsidiaries) such as savings and loan associations who would be made to aggressively give out subprime mortgages and these mortgages later being bought by the parent investment banks to issue CDOs against. Lehman Brothers had BNC Mortgage, Merrill Lynch had First Financial
Which, apparently did not happened. Martha seem to only be aware Mr. Waksal and his daughter sold their shares in their Merrill Lynch accounts. It is unclear how important or crucial was this information to Martha Stewart. Since, there are many reason why shareholders might sell. The call Martha Stewart had with Mr. Waksal after her conversation with her broker remains speculation
acquired from third parties or contributed by affiliates. Caliber Home Loans, Inc. has warehouse lines of credit agreements with Credit Suisse (950,000,000), Citibank (400,000,000), UBS (500,000,000) Morgan Stanley (400,000,000), Bank of America Merrill Lynch (600,000,000), and Barclays (500,000,000). The Licensee originated and/or funded 385 North Dakota loans in the amount of $69,817,319 as of year-end 2014 and 452 North Dakota loans in the amount of $83,573,302 as of year-end
Chasing Fairy Tales The true effect of the American Dream and its effect on American society 13th of March 2023 __ Tasman Bunkum __ Gatsby and his green light The Great Gatsby by F. Scott Fitzgerald is a sarcastic critique of America in the 1920s and its transition into a morally deficient culture that solely focused on the pursuit of wealth and power. It seeks to ask its audience whether the American Dream is actually real and challenge the belief that anyone can be successful through
where investors have equal access to information and as a result any loss or gain is not because of manipulation. Waskal and subsequent Stewart were guilty of a white collar crime because her economic offense was done with deception. In addition Merrill Lynch employees, Faneuil and Bacanovic, violated their code of conduct which states that the company protects the confidentiality and security of client information, which includes
sell them. At this point the government took over Fannie Mae and Freddie Mac, which had been on the brink of collapse, and days later the Lehman Brothers had collapsed, which coincidently were double and triple A ratings. Bank of America acquired Merrill Lynch, and Lehman went into bankruptcy which caused the collapse of the commercial paper market. The global financial system went paralyzed, and president George bush signed the Troubled Asset Relief Program, yet layoffs and foreclosures still continued