Research Essay on Occupy Wall St. - 3599 Words

Occupy Wall Street: The Solution to the Collapse of the Economy? In October of 2008 Congress, passed a $700 billion rescue bill to bail out, and possibly save, the doomed U.S. and global financial systems from collapsing. This decision was only a piece to the $1 trillion government plan to level off the stock market and unfreeze the credit which was needed after the collapses of the financial institutions of Lehman Brothers and Washington Mutual. The government also stepped in and federally took over such institutions as Fannie Mae and Freddie Mac, which together hold about $5.4 trillion in mortgage loans; 45 percent of the national total. The governmental firms were heavily burdened because of bad investments in subprime mortgages and†¦show more content†¦Government regulators could have added to the crisis as well. It is believed that the 1999 repeal of the Glass-Steagall Act, which split commercial banking from investment activities, could have caused the crisis. Other ex perts say that the 2000 Commodity Futures Modernization Act, which prohibited regulation of most swaps was afactor. Another decision under examination is the Securities and Exchange Commission (SEC) decision to loosen the capital rules for brokerage units of investment banks which freed billions of dollars for investments in mortgage backed securities, credit derivatives and others. (Billitteri) A lot of people don’t realize what is actually going on in the world or even our own country and never care to read the newspaper or listen to the 5 o’ clock news. There may be issues with the community or through businesses but when it comes down to it there are bigger problems like 1% of the U.S. population makes 20% of the wealth in our country. On July 13th, 2011 the company, Adbusters’ Magazine sent out a call for 90,000 with hashtags, from the website Twitter, of â€Å"#OccupyWallStreet† and a date of September 17th, 2011.The Occupy Wall Street movement was halfway through what is called a â€Å"revolutionary year† organized by cyber activists in the United States. Hactivists of the group â€Å"Anonymous† signed on, posting menacing videos and flooding social mediaShow MoreRelatedRethinking Work Ethic For The Age Of Convergence2191 Words   |  9 Pagesfuture study. For the purposes of this essay, it is enough to stipulate at the outse t that the work ethic is a â€Å"cultural norm that places a positive moral value on doing a good job and is based on a belief that work has intrinsic value for its own sake.† Unprecedented technological change and the globalization it facilitates present a significant challenge to our long-held beliefs about the Protestant work ethic. For example, the technology advisory and research firm Gartner in 2014 predicted thatRead MoreThe World Is Flat8659 Words   |  35 PagesConclusion: Imagination Overall Analysis †¢ Structure Analysis †¢ Key Facts †¢ Important Quotations / Memorable Quotes and Analysis Questions †¢ Memorable Quotes Quiz †¢ Vocabulary †¢ Study Questions/Multiple-Choice Quiz †¢ Answer Key †¢ Essay Topics - Book Report Ideas ONLINE STUDY GUIDE: THE WORLD IS FLAT BY THOMAS FRIEDMAN KEY FIGURES Nandan Nilekani CEO of Infosys Technologies Limited, â€Å"one of the jewels of the Indian information technology world.† Friedman describes NilekaniRead MoreCalculus Oaper13589 Words   |  55 Pageshttp://www.terry.uga.edu/~dawndba/4500compulsoryhet.htm Compulsory Heterosexuality and Lesbian Existence †¨ Adrienne Rich    Adrienne Rich s essay constitutes a powerful challenge to some of our least examined sexual assumptions. Rich turns all the familiar arguments on their heads: If the first erotic bond is to the mother, she asks, could not the natural sexual orientation of both men and women be toward women? Rich s radical questioning has been a major intellectual forceRead MoreMixed Economy7299 Words   |  30 Pagesgas) * water systems for drinking, agriculture, and waste disposal * subsidies to agriculture and other businesses * government-granted monopolies to otherwise private businesses * legal assistance * Government-funded or state-run research and development agencies and providing some autonomy over personal finances but including involuntary spending and investments such as transfer payments and other cash benefits such as: * welfare for the poor * social security for the agedRead MoreTeaching Writing Informal Letters8861 Words   |  36 Pagesgrammatical patterns, and sentence structures to create a style which is appropriate to the subject matter and the eventual readers.† [5;57] Writing has been a neglected area of English language teaching for some years. It is only recently, however, that research into writing has offered thought-provoking ideas about what good writers do, ideas which hold implications for teachers who wish to help their students to become good writers. 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Fahlgren Project Manager Team Lead: Judy Leale Project Manager: KaralynRead MoreHuman Resources Management150900 Words   |  604 Pagesrecognition of HR as a strategic business contributor. Even organizations that are not-for-profit, such as governmental or social service entities, must manage their human resources as being valuable and in a â€Å"businessoriented† manner. Based upon the research and writings of a number of scholars, including David Ulrich of the University of Michigan, the importance of HR being a strategic business partner has been stressed.16 This emphasis has several facets to it. Enhancing Organizational Performance Read MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesand Paul Buhle, eds., The New Left Revisited David M. 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This version has benefited greatly from comments on earlierdraftsby CarolineFord,JanetGilboy, Phil Gorski,Leo Lucassen, and Michael Mann, as well as by the editor of and anonymous reviewers for this journal. Sociological

The Physics Of Bar Magnets - 2533 Words

1. Bar magnet is the simplest form to explain magnetism. Bar magnets are permanent magnets and this means that they have magnetism all the time, it can’t be turned on and it can’t be switched off. They have two poles that include: north-seeking pole (N) and south-seeking pole (S). These poles appear to occur in equal and opposite pair. Magnetic meridian is the vertical plane in which the magnet lies. Magnets are made of materials that can be magnetized, which are also the ones that can be attracted to magnet, which are called ferromagnetic materials. These include: iron, steel, nickel, cobalt, some alloys of rare earth metals and some naturally occurring minerals such as lodestone. Mu-metal is a nickel based soft magnetic alloy,†¦show more content†¦Small bar magnets that are responsible for a magnetic behaviour are actually groups of atoms. Electron particles show magnetic behaviour of their motion – each electron has a magnetic moment. Groups of these atoms form small domains, in which the magnetic moments of the electrons are aligned with each other. When material is non-magnetised the domains are aligned in random way so their magnetic field cancels each other out. Properties of a simple bar magnet: 1. Unlike poles of magnet attract each other 2. Like poles of magnet repel each other 3. The force of the attraction of a magnet is greater at its poles than in the middle. 4. If a bar magnet is suspended by a thread and if it is free to rotate, its south pole will move towards the north pole of the earth and vice versa. A magnetic field is the magnetic effect of electric currents and magnetic materials. The magnetic field at any given point is specified by both a direction and a magnitude (or strength); as such it is a vector field. A magnetic field may be plotted by using a plotting compass to define the lines of force. Bar magnet is placed on a sheet of white paper. Starting near one end of the magnet, the positions of the ends of the compass needle are marked by pencil dots. The compass is then moved until the near end of the needle is exactly over the dot furthest from the magnet and a

THe Metamorphosis of MAlcolm X Essay - 1062 Words

THe Metamorphosis of MAlcolm X Malcolm X once wrote, â€Å"My life has always been one of changes† (Haley 404). In his autobiography, The Autobiography of Malcolm X, it is very evident that through his life, he went through a series of drastic changes that went from one extreme to another. He went from being at â€Å"the bottom of the American white man’s society,† to become one of the most influential advocates of Black pride (150). Throughout the novel the most evident changes are when Malcolm X moves to Boston, goes to prison, and going on Hajj. After living in Michigan, Malcolm X moves in with his half-sister, Ella, in Boston. Malcolm X described the move as â€Å"pivotal or profound in its repercussions† (38). When he gets to†¦show more content†¦Through his readings and new found religion, the Nation of Islam, Malcolm X finds self-pride. He starts to become proud of who he is and where he came from. He realizes that before, all he was trying to do was act like someone he wasn’t and all it had gotten him was seven years in prison. The letters he got from Elijah Muhammad and his family encouraged all of this. He strives to admit his guilt, and â€Å"implore the forgiveness of God† (170). He would often â€Å"be startled to catch [himself] thinking in a remote way of [his] earlier self as another person† and marvel at how much he had changed (170). All the reading he did â€Å"awoke †¦ some long dormant craving to be mentally alive† (179). His trip to prison opened u p new doors for him because he gained knowledge that made him rethink his niche in life. After he left jail, Malcolm X believed that the black man was superior to the white man and the white man was simply the devil. He preached this to thousands of black people and converted them to the Nation of Islam through his moving speeches that stunned and captivated them. However, all of his beliefs were totally changed after he took a trip to Mecca and went on Hajj. The first thing that enthralls Malcolm X, is the unity he sees in all the Muslims that are gathered at the airport. Everyone, from a king to a peasant, is dressed in the same clothes. ThereShow MoreRelatedThe Autobiography Of Malcolm X Essay1152 Words   |  5 Pages THE AUTOBIOGRAPHY OF MALCOLM X Introduction Malcolm X?s autobiography written in collaboration with Alex Haley is an exciting story of personality transformation. During several years, Malcolm X told Haley his biography in several extensive interviews. Haley described and orchestrated the stories and Malcolm X edited and endorsed every part of the book. The story is narrated in the first person and it seems like Malcolm was writing this of his ownRead MoreLiterary Devices: Malcolm X Essay1330 Words   |  6 PagesBecoming literate is essential to functioning in society. 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He has inspired and motivated great leaders such as Albert Einstein, Nelson Mandela and Barack Obama. Gandhi championed passionately for four main causes: India’sRead MoreMetamorphosis of Tata S teel -the Challenges of Change Management4836 Words   |  20 PagesMETAMORPHOSIS OF TATA STEEL -THE CHALLENGES OF CHANGE MANAGEMENT There is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success, than to take the lead in the introduction of a new order of things. — Niccolo Machiavelli The Prince (1532) In times of rapid change, experience could be your worst enemy. — J. Paul Getty INTRODUCTION 1. Tata Steel is the largest steel company of the country and at present stands as the 10th largest steelRead MoreStephen P. Robbins Timothy A. 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Capital Maintenance Doctrine and Securities

Question: Discuss about the Capital Maintenance Doctrine and Securities. Answer: Introduction The doctrine of capital maintenance enjoins a company to safely maintain its capital for the benefit of creditors and allow the courts to ensure check if it has been lawfully spent (Saidul, 2013). It is an important principle in company law that requires the company to obtain a lawful consideration fro all the shares that it may seek to issues. The main principles that underpin this doctrine include the prohibition of a company purchasing its own shares and the payment of dividends to shareholders (Saidul, 2013). According to the doctrine, the profit that is made by the company is not to be recognizes unless the amount of the net assets owned by the company is maintained. Origin and Rationale of the Doctrine It is imperative to note that the doctrine has been developed as result judicial interpretation. In Flitcrofts Case (1882) the court highlighted two components of the doctrine; that the creditors have the right to check and ensure that the capital of the company is not used or shared unlawfully and that the capital of the company should not be incongruously shared to the members of the company by way of shares. In the case of Trevor v Whitworth (1887) a company bought a significant amount of its own shares from the company. It was held that such an action would lead to the reduction of the capital owned by the company and therefore the company was first obligated to pay the shareholder the amount of his contribution upon liquidation. As a matter of course, it was held in Aveling Barford Ltd. V. Perion Ltd (1989) that the shareholders of a company are entitled to their contribution to the capital upon liquidation, but the creditors will be given priority during the payment. It bears n oting that the doctrine of capital maintenance has mainly originated from the development of English case laws. The rationale for the existence of the doctrine is largely two fold. First it seeks to protect the interest of the creditors and secondly it ensures that the capital of the company is lawfully used. The courts have been vigilant in protecting the capital of the company so that it remains intact for the creditors (Zahir, 2000 p 50). Application of the Doctrine in Australia The capital maintenance doctrine is a weakening phenomenon in Australia. This has been demonstrated by the fact that most of the financial institutions such as banks do not maintain an intact capital that will prevent them from the adverse effects of a financial crisis (Gluyas, 2014 p 23). According to Roman (2016) there has been limited regulation on the use of capital in Australia. Australia has recorded an upsurge in flexibility in the freedom of use of capital but the same time the protection of the creditors has also been a top priority (Roman, 2016). It can thus be conceded that the doctrine of capital maintenance is debilitating in Australia and its application is losing relevance in most companies and financial institutions. References Aveling Barford Ltd. V. Perion Ltd (1989) BCLC 626 at p. 630-3. Flitcrofts Case (1882) 21 Ch. D. 519. Gluyas, R (2014) Capital hijacks Murray inquiry as regulators put stability before credit creation, The Australian, Roman, T (2016) The Rise and Fall of the Capital Maintenance Doctrine in Australian Corporate Law, Commercial Law in the Twenty-first Century Forum, Tsinghua University, Beijing Saidul, I. ( 2013) The Doctrine of Capital Maintenance and its Statutory Developments: An Analysis , The Northern University Journal of Law Trevor v Whitworth (1887) 12 App. Cas. 409. Zahir, M. (2000) Company and Securities Laws, , The University Press Limited, Dhaka