Charles Schwab versus Andrew Cuomo Charles Schwab started the company that bears his
name on an exceedingly small scale in 1963; his only product at the time was an investment
advisory newsletter that was distributed to just 3,000 subscribers. Personal brokerage services
were added in 1971, and then pushed along by a constant stream of innovations-discounted fees
in 1975, computerized trades in 1978, 24-hour operations in 1980, and impartial investment
recommendations from start to finish-his firm grew very rapidly. In 2009 it provided 7.5 million
customers with individual brokerage accounts, served 1.5 million participants in corporate
retirement programs, employed 12,500 persons, and had a widespread reputation for serving
clients well. That reputation was brought into direct conflict with the Attorney General of the State
of New York, Andrew Cuomo, by a suit over auction rate securities. Auction rate securities are an
innovative form of investment-grade bonds, where the interest rates are set by periodic auctions.
Most bonds, both corporate and municipal, have an interest rate that is set at the time of issuance,
and that interest rate lasts throughout the life of the bond. Auction rate bonds do not have a set
rate. Instead, the bonds are ranked by investment quality (AAA to C+), and existing holders and
potential investors submit bids for the number of bonds within each quality rank they wish to
repurchase (the existing holders) or newly purchase (the potential investors) and the minimum
interest rate they are willing to accept as a condition of that purchase. Those interest rates are
then ranked from low to high, and the highest interest rate at which all of the bonds within a given
quality ranking will be purchased (in finance this is known as the "market clearing rate") become
the rate for those bonds. For most auction rate securities, this bidding process was to be held at
the end of each month, with settlement the next day, and interest to the prior holders to be paid at
the same time. These auction rate securities became very popular with both corporate and
municipal ssuers because they seemed to add the flexibility of short-term bonds to the steadiness
f long-term securities. Individuals were attracted by the interest rates that so clearly eflected actual
market demand and the periodic opportunities to get their money backwhenever they wished. By
early 2008 , the auction mate security market had grown to pare than $200 billion. Because of the
dual need to submit new bids each month and to proberage firms or investment houses to manage
the auidual purchasers relied on their What went wrong? February 2008 marked the start of the
rate securities they held. gedy, there were no bidders at the regularly. the start of the credit crunch
crisis. Sudthe interest rates became zero, the market valucs bocamed auctions, and so essentially
peable to dispose of their auction rate securities. became zero, and the holders were cers
throughout the co.
The major credit rating agencies, Moody's, Standard & Poors, and Fitch, bear a heavy burden of responsibility for the financial meltdown. It was their seal of approval that enabled Wall Street to develop a multi-trillion-dollar market for bonds resting on a foundation of tricky loans and bubbly housing prices. Institutional investors around the world were seduced into buying these high-risk securities by credit ratings that made them out to be as safe as the most conventional corporate and municipal bonds.
First of two research papers on issues involving the current economic downturn that I wrote during my senior year at NYU in collaboration with NYU professor, (both are pending professional publication).
NYU Economics Research Paper (Independent Study) - Fall 2010jsmar16
First of two research papers on issues involving the current economic downturn that I wrote during my senior year at NYU in collaboration with NYU professor, (both are pending professional publication).
A bond is an instrument of indebtedness of the bond issuer to the holders. It is a debt investment
in which an investor loans money to an entity (corporate or governmental) that borrows the funds
for a defined period of time at a fixed interest rate.
The major credit rating agencies, Moody's, Standard & Poors, and Fitch, bear a heavy burden of responsibility for the financial meltdown. It was their seal of approval that enabled Wall Street to develop a multi-trillion-dollar market for bonds resting on a foundation of tricky loans and bubbly housing prices. Institutional investors around the world were seduced into buying these high-risk securities by credit ratings that made them out to be as safe as the most conventional corporate and municipal bonds.
First of two research papers on issues involving the current economic downturn that I wrote during my senior year at NYU in collaboration with NYU professor, (both are pending professional publication).
NYU Economics Research Paper (Independent Study) - Fall 2010jsmar16
First of two research papers on issues involving the current economic downturn that I wrote during my senior year at NYU in collaboration with NYU professor, (both are pending professional publication).
A bond is an instrument of indebtedness of the bond issuer to the holders. It is a debt investment
in which an investor loans money to an entity (corporate or governmental) that borrows the funds
for a defined period of time at a fixed interest rate.
Week-1 Into to Money and Bankingand Basic Overview of U.S. Fin.docxalanfhall8953
Week-1 Into to Money and Banking
and Basic Overview of U.S. Financial System
Money and Banking Econ 311
Instructor: Thomas L. Thomas
Financial markets transfer funds from people who have excess available funds to people who have a shortage.
They promote grater economic efficiency by channeling funds from people who do not have a productive use for them to those who do.
Well functioning financial markets are a key factor in producing economic growth, where as, poor functioning financial markets are a major reason many countries in the world remain poor.
Financial Markets
A security or financial instrument is a claim on the issuer’s future income or assets.
A bond is a debt security (IOU) that promises to make payments periodically for a specified period of time.
The bond market is especially important economic activity because it enables businesses and the government to borrow and finance their activities and because it is where interest rates are determined.
An interest rate is the cost of borrowing money or the price to rent (use someone else’s) funds.
Because different interest rates tend to move in unison, economist frequently lump interest rates together and refer to the “interest rate”.
Interest rates are important on a number of levels:
High interest rates retard borrowing
High interest rates induce saving.
Lower interest rates induce borrowing
Lower Interest rates retard saving
Information Asymmetry and Information costs
Why Financial Intermediaries
In the neo-classical world economists have argued financial intermediaries are not necessary. Savers (investors) could manage their risks through diversification.
The logic rests on the perfect market assumption – that is investors can always through their own borrowing and lending compose their portfolios as they see fit, without costs. In such a world there are no bankruptcy costs.
In such a world if taken to the extreme, perfect and complete markets imply that there is no need for financial institutions to intermediate in the financial (capital markets) as every investor (saver) has complete information and can contract with the market at the same terms as banks. E.g. Information Asymmetry
Why Financial Intermediaries Bonds
A common stock (usually called stock) represents a share of ownership in a corporation.
It is usually a security that is a claim on the earnings and assets of the corporation.
Issuing stock and selling it to the public (called a public offering) is a way for corporations to raise the funds to finance their activities.
The stock market is the most widely followed financial market in almost every country that has one – that is why it is generally called the market – here “Wall Street.”
The stock market is also an important factor in business investment decisions, because the price of shares affects the amount of funds that can be raised by selling newly issued stock to finance investment spending. (Note impact examples..
PAGE 280APPLYING THE CONCEPTTRUTH OR CONSEQUENCES PONZI SCHEM.docxsmile790243
PAGE 280
APPLYING THE CONCEPT
TRUTH OR CONSEQUENCES: PONZI SCHEMES AND OTHER FRAUDS
In the financial world, you always have to be on the lookout for crooks. Fraud is the most extreme version of moral hazard, and it is remarkably common.
The term Ponzi scheme has its origins in a 1920 scam run by serial con artist Charles Ponzi. Promising a 50 percent profit within 45 days, he swindled unsuspecting investors out of something like $250 million in 2014 dollars. Ponzi never invested their money. Instead, he paid off early investors handsomely with the money he obtained from subsequent investors.
Financial laws are now far more elaborate than in Ponzi’s day, and governments spend much more to enforce them, but frauds persist.
Bernie Madoff is the leading recent example. For decades, Madoff was a respected member of the investment community and able to escape detection. In the same manner as Ponzi, Madoff was redeeming requests for funds with the money he collected from more recent investors. Madoff’s con, which may have begun as early as the 1970s, failed only when the financial crisis of 2007–2009 depleted his funds, making it impossible for him to pay off the final cohort of wealthy, sophisticated—yet apparently quite gullible—investors and financial firms. The Madoff scandal dwarfed Ponzi’s racket: at the time the scheme blew up, the losses were estimated at $17.5 billion, and extensive efforts at recovery have put final losses in the neighborhood of $7 billion.
Unfortunately, in a complex financial system, the possibilities for fraud are widespread. Most cases are smaller and more mundane than those of Madoff or Ponzi, but their cumulative size is significant. One source devoted to tracking just Ponzi-type frauds in the United States listed 70 schemes worth an estimated $2.2 billion in 2014 alone.*
We aren’t going to get rid of Ponzi schemes and other frauds (see In the Blog: Conflicts of Interest in Finance). But the mission of ferreting them out and prosecuting those responsible is essential. A well-functioning financial system is based on trust. That is, when we make a bank deposit or purchase a share of stock or a bond, we need to believe that the terms of the agreement are being accurately represented and will be carried out. Economies where property rights are weak and enforcement is unreliable also usually supply less credit to worthy endeavors. That means lower production, lower income, and lower welfare.
imagesIN THE BLOG
Conflicts of Interest in Finance
Financial corruption exposed in the years since the financial crisis is breathtaking in its scale, scope, and resistance to remedy. Traders colluded to rig the foreign exchange (FX) market, where daily transactions exceed $5 trillion, and to manipulate LIBOR, the world’s leading interest rate benchmark (see Chapter 13, Applying the Concept: Reforming LIBOR). Firms have facilitated tax evasion and money laundering. And Bernie Madoff engineered what was arguably the largest Ponzi.
There are many ways a company can go public on the equities markets. Learn the difference between a traditional IPO and APO (alternative public offering) from Charms Investments.
This might have some utility for those transitioning to financial services from a different industry, in particular, those moving from military service. I have kept it as succinct as I can while maintaining utility; a full sheet could be filled for each point on the sheet so take it for what it is: a memory jogger or a crib card for some last minute revision before an interview. For a good overview of the City I recommend 'Know The City' by Christopher Stoakes. If people like then and find it useful then let me know and I will add some more.
Answer all 4 questions from the case study Thanks Digital .pdfstandly3
Answer all 4 questions from the case study?
Thanks!
Digital Transformation of Healthcare at Singapore's Jurong Health Services Jurong Health
Services (JurongHealth) is one of System enables the hospital to both cantrol aceess Singapore's
sin public healtheare clusters. Healtheare to the wards and track or contact visitors and staff if
clusteri provide holistic and integrated care when necessary. patients move from one care setting,
like a clinic, to Another IT system implemented is the Warehouse another, like a hospital.
JarongHealth primarily man- Management System, which eliminates the tedious ages the 7oo-bed
Ng Teng Fong General Hospital, the process of minually counting inventory. The aystem 400-bed
Jarone Comrrunity Hospital, and the Jurong umen passive radio frequency identification (RFID)
Medical Center, all of which are located in western technolopy and a two-bin shelving system to
autoSingapore. mate inventory top-ap roquests and improve lnven- JurongHealth's goal is to
provide transformutive tory management. Once the primary compartment medical care for its
patients thtough the use of it- of the storage bin is empty, the clinical staff transfer novative
information technologies. Undersoring the relevant RFID tag into a drop-box, where the this
commitment, in 2016 . JurongHealth's Ng Teng reader automatically serds a request for drug
replenFong General Hospital became the first hospital in iuhment, thas avoiding atock-outs.
Singapore and the ASEAN region, and fifth in Asia- JurongHealth has also implemented a Real-
Time Pacifir, to receive the highest level of the Healtheare Location Tracking Syntem to
automatically track pa- Information and Manatement Syatems Socirty tients and medical
equipenernt using Wi-Fi triarygula- (HIMSS) Elentronic Medical Record Acloption Model tion, Iow
frequency exciten, and about 6,000 active Awand, which measures a hospital'n implementation
RFID tags attached to patients or medical equipment. of IT systems. These taga continaouly
communicate with the low JurongHealsh has integrated more than 50 health- froquency exsiters to
transmit data to the backend care IT systems as part of the Profect OneCare initia- nystern for
proceaning, allowing hospital staff to pretive. The systems' implementation and integration cively
locate patients and equipment, thus eliminattook four years and has enabled the hospital to be-
ing the need for tedious manual searching come paperlesa, chartless, and filmles.. For instance,
Juronghiealth made a consciotis affort to envure self-service kiosks nowe enable patienits to
register that the different 1T systems would not be standthemselves merely by scanning their
national identi- alone. The hospital thus implemented an integgated fication cards and obtaining a
queae number gener- Electronic Medical Record (EMR) system that camated by the Enterprise
Queue Management System. bines ail the functional modules of the hospital in This unique
number is ased throighonat the patient'u a.
A The Financial Manager is the head of the HR department B.pdfstandly3
A. The Financial Manager is the head of the HR department B. All managers' report to the
personnel manager C. The managing director is part of middle management D. The Quality
Control Inspector possesses Staff Authority.
Discussion 71 Organization Structure and Social Responsib.pdfstandly3
Discussion 7.1 - Organization Structure and Social Responsibility
Discuss how the ever-changing global business environment has impacted organizational design
in the areas of : a) workforce diversity b) global economics c) social responsibility, and d) provide
examples of how organizational structure can enhance both ethical practices and social
responsibility. Your post should be four separate paragraphs titled with the above bulleted items.
Your Discussion post, which must be in your own words, is due on Wednesday, and must have at
least one Internet reference outside of the assigned readings, in APA format..
6 Describe the general structure of all cell membranes Wha.pdfstandly3
6. Describe the general structure of all cell membranes. What are three types of lipid molecules
that are present in the cell membrane? Then describe how the different types of lipid molecules
can impact membrane fluidity and they can impact membrane shape.
7. What are two types of weak molecular bonds? Then, describe two examples of how these types
of weak molecular bond impact the organization of a molecule or organelle..
More Related Content
Similar to Charles Schwab versus Andrew Cuomo Charles Schwab started th.pdf
Week-1 Into to Money and Bankingand Basic Overview of U.S. Fin.docxalanfhall8953
Week-1 Into to Money and Banking
and Basic Overview of U.S. Financial System
Money and Banking Econ 311
Instructor: Thomas L. Thomas
Financial markets transfer funds from people who have excess available funds to people who have a shortage.
They promote grater economic efficiency by channeling funds from people who do not have a productive use for them to those who do.
Well functioning financial markets are a key factor in producing economic growth, where as, poor functioning financial markets are a major reason many countries in the world remain poor.
Financial Markets
A security or financial instrument is a claim on the issuer’s future income or assets.
A bond is a debt security (IOU) that promises to make payments periodically for a specified period of time.
The bond market is especially important economic activity because it enables businesses and the government to borrow and finance their activities and because it is where interest rates are determined.
An interest rate is the cost of borrowing money or the price to rent (use someone else’s) funds.
Because different interest rates tend to move in unison, economist frequently lump interest rates together and refer to the “interest rate”.
Interest rates are important on a number of levels:
High interest rates retard borrowing
High interest rates induce saving.
Lower interest rates induce borrowing
Lower Interest rates retard saving
Information Asymmetry and Information costs
Why Financial Intermediaries
In the neo-classical world economists have argued financial intermediaries are not necessary. Savers (investors) could manage their risks through diversification.
The logic rests on the perfect market assumption – that is investors can always through their own borrowing and lending compose their portfolios as they see fit, without costs. In such a world there are no bankruptcy costs.
In such a world if taken to the extreme, perfect and complete markets imply that there is no need for financial institutions to intermediate in the financial (capital markets) as every investor (saver) has complete information and can contract with the market at the same terms as banks. E.g. Information Asymmetry
Why Financial Intermediaries Bonds
A common stock (usually called stock) represents a share of ownership in a corporation.
It is usually a security that is a claim on the earnings and assets of the corporation.
Issuing stock and selling it to the public (called a public offering) is a way for corporations to raise the funds to finance their activities.
The stock market is the most widely followed financial market in almost every country that has one – that is why it is generally called the market – here “Wall Street.”
The stock market is also an important factor in business investment decisions, because the price of shares affects the amount of funds that can be raised by selling newly issued stock to finance investment spending. (Note impact examples..
PAGE 280APPLYING THE CONCEPTTRUTH OR CONSEQUENCES PONZI SCHEM.docxsmile790243
PAGE 280
APPLYING THE CONCEPT
TRUTH OR CONSEQUENCES: PONZI SCHEMES AND OTHER FRAUDS
In the financial world, you always have to be on the lookout for crooks. Fraud is the most extreme version of moral hazard, and it is remarkably common.
The term Ponzi scheme has its origins in a 1920 scam run by serial con artist Charles Ponzi. Promising a 50 percent profit within 45 days, he swindled unsuspecting investors out of something like $250 million in 2014 dollars. Ponzi never invested their money. Instead, he paid off early investors handsomely with the money he obtained from subsequent investors.
Financial laws are now far more elaborate than in Ponzi’s day, and governments spend much more to enforce them, but frauds persist.
Bernie Madoff is the leading recent example. For decades, Madoff was a respected member of the investment community and able to escape detection. In the same manner as Ponzi, Madoff was redeeming requests for funds with the money he collected from more recent investors. Madoff’s con, which may have begun as early as the 1970s, failed only when the financial crisis of 2007–2009 depleted his funds, making it impossible for him to pay off the final cohort of wealthy, sophisticated—yet apparently quite gullible—investors and financial firms. The Madoff scandal dwarfed Ponzi’s racket: at the time the scheme blew up, the losses were estimated at $17.5 billion, and extensive efforts at recovery have put final losses in the neighborhood of $7 billion.
Unfortunately, in a complex financial system, the possibilities for fraud are widespread. Most cases are smaller and more mundane than those of Madoff or Ponzi, but their cumulative size is significant. One source devoted to tracking just Ponzi-type frauds in the United States listed 70 schemes worth an estimated $2.2 billion in 2014 alone.*
We aren’t going to get rid of Ponzi schemes and other frauds (see In the Blog: Conflicts of Interest in Finance). But the mission of ferreting them out and prosecuting those responsible is essential. A well-functioning financial system is based on trust. That is, when we make a bank deposit or purchase a share of stock or a bond, we need to believe that the terms of the agreement are being accurately represented and will be carried out. Economies where property rights are weak and enforcement is unreliable also usually supply less credit to worthy endeavors. That means lower production, lower income, and lower welfare.
imagesIN THE BLOG
Conflicts of Interest in Finance
Financial corruption exposed in the years since the financial crisis is breathtaking in its scale, scope, and resistance to remedy. Traders colluded to rig the foreign exchange (FX) market, where daily transactions exceed $5 trillion, and to manipulate LIBOR, the world’s leading interest rate benchmark (see Chapter 13, Applying the Concept: Reforming LIBOR). Firms have facilitated tax evasion and money laundering. And Bernie Madoff engineered what was arguably the largest Ponzi.
There are many ways a company can go public on the equities markets. Learn the difference between a traditional IPO and APO (alternative public offering) from Charms Investments.
This might have some utility for those transitioning to financial services from a different industry, in particular, those moving from military service. I have kept it as succinct as I can while maintaining utility; a full sheet could be filled for each point on the sheet so take it for what it is: a memory jogger or a crib card for some last minute revision before an interview. For a good overview of the City I recommend 'Know The City' by Christopher Stoakes. If people like then and find it useful then let me know and I will add some more.
Answer all 4 questions from the case study Thanks Digital .pdfstandly3
Answer all 4 questions from the case study?
Thanks!
Digital Transformation of Healthcare at Singapore's Jurong Health Services Jurong Health
Services (JurongHealth) is one of System enables the hospital to both cantrol aceess Singapore's
sin public healtheare clusters. Healtheare to the wards and track or contact visitors and staff if
clusteri provide holistic and integrated care when necessary. patients move from one care setting,
like a clinic, to Another IT system implemented is the Warehouse another, like a hospital.
JarongHealth primarily man- Management System, which eliminates the tedious ages the 7oo-bed
Ng Teng Fong General Hospital, the process of minually counting inventory. The aystem 400-bed
Jarone Comrrunity Hospital, and the Jurong umen passive radio frequency identification (RFID)
Medical Center, all of which are located in western technolopy and a two-bin shelving system to
autoSingapore. mate inventory top-ap roquests and improve lnven- JurongHealth's goal is to
provide transformutive tory management. Once the primary compartment medical care for its
patients thtough the use of it- of the storage bin is empty, the clinical staff transfer novative
information technologies. Undersoring the relevant RFID tag into a drop-box, where the this
commitment, in 2016 . JurongHealth's Ng Teng reader automatically serds a request for drug
replenFong General Hospital became the first hospital in iuhment, thas avoiding atock-outs.
Singapore and the ASEAN region, and fifth in Asia- JurongHealth has also implemented a Real-
Time Pacifir, to receive the highest level of the Healtheare Location Tracking Syntem to
automatically track pa- Information and Manatement Syatems Socirty tients and medical
equipenernt using Wi-Fi triarygula- (HIMSS) Elentronic Medical Record Acloption Model tion, Iow
frequency exciten, and about 6,000 active Awand, which measures a hospital'n implementation
RFID tags attached to patients or medical equipment. of IT systems. These taga continaouly
communicate with the low JurongHealsh has integrated more than 50 health- froquency exsiters to
transmit data to the backend care IT systems as part of the Profect OneCare initia- nystern for
proceaning, allowing hospital staff to pretive. The systems' implementation and integration cively
locate patients and equipment, thus eliminattook four years and has enabled the hospital to be-
ing the need for tedious manual searching come paperlesa, chartless, and filmles.. For instance,
Juronghiealth made a consciotis affort to envure self-service kiosks nowe enable patienits to
register that the different 1T systems would not be standthemselves merely by scanning their
national identi- alone. The hospital thus implemented an integgated fication cards and obtaining a
queae number gener- Electronic Medical Record (EMR) system that camated by the Enterprise
Queue Management System. bines ail the functional modules of the hospital in This unique
number is ased throighonat the patient'u a.
A The Financial Manager is the head of the HR department B.pdfstandly3
A. The Financial Manager is the head of the HR department B. All managers' report to the
personnel manager C. The managing director is part of middle management D. The Quality
Control Inspector possesses Staff Authority.
Discussion 71 Organization Structure and Social Responsib.pdfstandly3
Discussion 7.1 - Organization Structure and Social Responsibility
Discuss how the ever-changing global business environment has impacted organizational design
in the areas of : a) workforce diversity b) global economics c) social responsibility, and d) provide
examples of how organizational structure can enhance both ethical practices and social
responsibility. Your post should be four separate paragraphs titled with the above bulleted items.
Your Discussion post, which must be in your own words, is due on Wednesday, and must have at
least one Internet reference outside of the assigned readings, in APA format..
6 Describe the general structure of all cell membranes Wha.pdfstandly3
6. Describe the general structure of all cell membranes. What are three types of lipid molecules
that are present in the cell membrane? Then describe how the different types of lipid molecules
can impact membrane fluidity and they can impact membrane shape.
7. What are two types of weak molecular bonds? Then, describe two examples of how these types
of weak molecular bond impact the organization of a molecule or organelle..
Assuming you were provided with 1 Million USD in excess fund.pdfstandly3
Assuming you were provided with 1 Million USD in excess funds for investment. What would you
do? What type of portfolio mix do you intend to have? Investigate the current rates of return on a
variety of financial instruments. Justify the risk and return tradeoff. (For example, stocks, Treasury
bills, money market securities, and Treasury bonds). Please explain how the invested funds were
allocated..
Biologists define evolution as The origin of species Heritab.pdfstandly3
Biologists define evolution as
The origin of species
Heritable change in a line of descent
Acquiring traits during the individual's lifetime
All of the above
The origin of species
Heritable change in a line of
descent
Acquiring traits during the
individual's lifetime
All of the above.
After watching the film The Race For the Double Helix aka.pdfstandly3
After watching the film: The Race For the Double Helix (aka Life Story)
Scientists may be motivated simply by a love of truth regardless of who gets the credit; they may
be motivated by the desire for fame and feel it matters a great deal who gets the credit; or they
may be motivated by the excitement of going after lifes big questions rather than more mundane
ones. What characters in the film exemplify these different views of the psychology of scientists?.
8 Choose the correct statement a Seismic waves travel fas.pdfstandly3
8. Choose the correct statement: a. Seismic waves travel faster through less dense material b.
Seismic waves travel at one speed regardless of the density of the material c. It is not possible to
record the speed of seismic waves d. Seismic waves travel faster through more dense material 9.
In Figure 1, which set of waves are the surface waves? a. A b. B c. C d. They are all P waves 10.
Good evidence that the Earth has a layered structure is where seismic waves: a. suddenly change
paths when the density abruptly changes b. travel in gently curving paths due to refraction c. travel
in gently curving paths due to total internal reflection d. travel in straight lines through the Earth e.
travel in gently curving paths due to diffraction 11. How do rock particles move during the passage
of a S wave through the rock? a. back and forth parallel to the direction of wave travel b.
perpendicular to the direction of wave travel c. in a rolling elliptical motion d. in a rolling circular
motion 12. If a S wave were to go from a solid to a liquid - what would happen to its velocity? a.
stay the same b. increase c. decrease to 0.0 d. Slightly decrease13. Which of the following
statements is NOT true about earthquakes and plate tectonics? a. Earthquakes provide important
evidence for plate tectonics. b. Earthquakes that have shallow foci are located at transform plate
boundaries. c. Earthquakes show the difference between "continental" and "oceanic" plates. d.
Earthquakes that have deep foci are located in association with subducted slabs..
5 There are lots of types of proteins that transport molecu.pdfstandly3
5) There are lots of types of proteins that transport molecules across membranes. For each
example below, identify the type of molecular motion involved as simple diffusion, facilitated
diffusion, osmosis or active transport. Example Type of motion a) How O2 molecules in the
bloodstream move into an actively contracting muscle cell b) How an animal cell loses water and
crenates (shrivels up) when placed in sea water. c) How water moves into the cell through an
aquaporin channel when placed in a hypotonic solution d) How bacteria use ATP to pump
antibiotics out of the cell through the multi-drug-resistance pump. e) How the high concentration of
Na+outside of the cell is harnessed to bring glucose into the cell..
yi vizyon ifadeleri bir organizasyonun mevcut durumuyla bir.pdfstandly3
yi vizyon ifadeleri, bir organizasyonun mevcut durumuyla biraz uyumsuzluk yaratmaldr.
Soru 16 seenekleri:
Soru 17 (4 puan)
Yksek karmakla sahip ilerde, yksek genel zihinsel yetenee ("g") sahip olmak kritik deildir.
Soru 17 seenekleri:
Soru 18 (4 puan)
En iyi vizyon ifadeleri, statko ile ilgili olarak uyum yaratr.
Soru 18 seenekleri:
Soru 19 (4 puan)
Kiiliklerimizdeki farkllklar aklayan yalnzca be zellik vardr.
Soru 19 seenekleri:
Soru 20 (4 puan)
CEO'lar, bir organizasyonun devrimci felsefesinin yaylmasna yardmc olan kiilerdir.
Soru 20 seenekleri:
Doru
YANLI.
1 Salomon v Salomon amp Co Ltd 1897 AC 22 davas u ilke .pdfstandly3
1. Salomon v Salomon & Co Ltd [1897] AC 22 davas u ilke iin yetkidir:
Birini se:
A. yneticiler bir irketin borlarndan asla sorumlu deildir
B. bir irket, hissedarlarndan ayr bir tzel kiiliktir
C. bir irketin borlar hissedarlarnn borlardr
D. bir kii ayn irketin hem yneticisi hem de alacakls olamaz
2. ahs tccar ile ilgili aadaki ifadelerden hangisi dorudur?
Birini se:
A. ahs tccar, ahsi iletmesini ASIC'e kaydettirmek iin bavuruda bulunmaldr.
B. alanlar olan bir ahs tacirinin farkl bir i yapsna gemesi gerekir.
C. Bir ahs tccar kendi adn kullanyorsa, bir iletme ad kaydettirmesine gerek yoktur.
D. Bir ahs tccar, iletmenin ne yapp ne yapmayacana karar verirken genellikle mterilere, alacakllara
ve alanlara danmaldr..
1 Log into the US Small Business Administration website a.pdfstandly3
1. Log into the U.S. Small Business Administration website and click on the Business Guide.
2. Read through the following topic areas to become familiar with the stages of business
development: Plan, Launch, Manage, Grow.
3. Choose a type of business organization that you would like to create and develop the initial
steps of a business plan.
4. Develop a paper, including a reference page, using the following Table of Contents:
I. Plan Your Business
A. Company Name and Description
i. Legal Issues
B. Start-up Costs
II. Launch Your Business
A. Business Location
i. Rationale for Business Location
B. Business Structure
i. Rationale for Business Structure
ii. Liability & Taxation
III. Manage Your Business
A. The Company Team
i. Employment Law Issues
B. Emergency Preparedness
IV. Grow Your Business
A. Local Resources
B. Business Characteristics
5. Include the following Criteria for Starting a Business for each section..
2 Problem In a MIMO system Random Vectors XYN are relat.pdfstandly3
2. Problem: In a MIMO system, Random Vectors X,Y,N are related as follows: Y=AX+BN where A
is a square matrix, B is a rectangular matrix, and X,N are uncorrelated. (a) Find KY, if B=I (b) Find
Y, for general B (c) Find E(Y2), for general B (d) Find E{(YY)T(XX)}, for general B.
1 El sistema de evaluacin del desempeo de la escala de ca.pdfstandly3
1. El sistema de evaluacin del desempeo de la escala de calificacin anclada en el comportamiento
(BARS) intenta mejorar las calificaciones de desempeo al obligar a los gerentes a:
A.Califique a los empleados segn sus acciones, no segn sus caractersticas
B.Califique a los empleados usando la intuicin
C.Incluir informacin de una amplia variedad de fuentes en sus reseas
D. Comparar empleados
2. Los errores, como el error de halo y el error de actualidad, tienen ms o menos probabilidades
de ocurrir cuando los gerentes evalan a los empleados de acuerdo con los objetivos especficos y
medibles que logran..
Why does the number of valence electrons matter The number .pdfstandly3
Why does the number of valence electrons matter?
The number of electrons in the valence shell determines how an element will bond. If two
elements share electrons to fill up their valance shells, they are called covalent bonds. If one
element steals an electron from another element, those elements no longer have equal numbers
of protons and electrons and this they are no longer equal, the element with have a charge. We
call elements with charge ions. They are now attracted to each other because they have opposite
charges; this is called an ionic bond.
We can give an educated guess as to whether an element is likely to bond covalently (share) or
ionically (steal) based on where they are on the table. Lets think about what the columns tell us
about the number of valence electrons. If you are an element that is in Group II, you have 2
valence electrons. You would need 6 to complete your shell. How likely is it that another element
will share 6 electrons? I think its more likely that the other element will steal 2 from you which will
make you an ion and more likely to bond ionically. What do you think?
Lets look at the table and fill in the chart.
BOND TYPE
COLUMNS/GROUPS (choose I, II, III, IV, V, VI, VII)
DO THESE SHARED or STEAL ELECTRONS?
Example
Covalent
A
B
C
Ionic
D
E
F.
Which of the following best defines organizational behavior.pdfstandly3
Which of the following best defines organizational behavior? Multiple Choice OB is groups of
people who work interdependently toward some purpose. OB is the study of what people think,
feel, and do in and around organizations. OB is how organizations compete in their industry or
market space. OB is the study of the impact of the internal environment of organizations. OB is the
overt behaviors of organizational members..
Week 2 Discussion Board please answer the following in this .pdfstandly3
Week 2 Discussion Board
please answer the following in this week's discussion:
Discuss the roles of supervisors in the selection process in both small and large organizations.
Why do all managers and supervisors need knowledge and skills related to human resource
management?
Do you think it's reasonable for employers to check job candidates' social media presence as part
of the background screening? Why or why not?.
Please help will thumbs up In the winter of 2019 in Wuhan.pdfstandly3
Please help! will thumbs up! In the winter of 2019, in Wuhan, China, a silent killer emerged that
ravaged many of the smaller villages and towns just outside of Wuhan. This wasnt unlike many
silent killers that have attacked China; after all, not even 20 years ago, the country (and the world)
was forced to deal with a nemesis known as SARS (severe acute respiratory syndrome)which
arose in the Yunnan Province of China. This enemy, however, was different.
Unlike SARS, which did not discriminate among who it affected, this new virus appeared to most
highly affect the elderly and immunocompromised. Inoculation time varied among the different
residents of the Wuhan province, but there appeared to be one common thread among all of the
sufferers of this virus: the end result would be a need for mechanical ventilation and acute care
and, often, drastic life-saving interventions. The death toll in China rose to the thousands within an
extremely short span of time. Epidemiologists in Wuhan were both astounded and stricken with
fear at how rapidly the virus replicated and spread among hosts as well.
As with most rapidly spreading viruses, unfortunately, what began as a virus which ravaged one
village in China eventually became one of the most prevalent pandemics the world has ever seen.
This virus, initially termed the Wuhan virus, was eventually identified as a coronavirus with similar
viral features to two pandemic viruses: The MERS (Middle Eastern Respiratory Syndrome) virus
and SARS, the very same virus which was rampant in China less than 20 years ago. The virus has
since been termed the SARS-CoV-2 virus (Coronavirus).
You are currently an epidemiologist working for the WHO. You, along with a group of 20
colleagues, are formulating a plan to contain this pandemic and potentially devise a vaccine/cure
for it. Using at least three medically/scientifically accredited sources, answer the following:
When treating any infection, it is important to know your enemy. What are some intrinsic/specific
features of the SARS-CoV-2 virus which renders it unique when compared to other pandemic
viruses?
From an epidemiologic perspective, how would you explain the reasons as to why the virus has
been able to disseminate among the nations?
What are the standards of care/management options for SARS-CoV-2 virus?
How do we determine who requires testing for this virus? What are some exclusion criteria for
testing for SARS-CoV-2? What would be the potential harms in testing a large enclave of the
population for SARS-CoV-2 (would this change your management of the virus)?
There have been 2 potential interventions which have been suggested for the treatment of SARS-
CoV-2 based on in vitro testing: Azithromycin and Hydroxychloroquine (an anti-malarial
medication). What is the evidence that either one of these is sufficient for the treatment of SARS-
CoV-2? KEEP IN MIND THE FOLLOWING: In order to introduce a treatment for a particular
disease/infection, the BENEFITS MUST OU.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Instructions for Submissions thorugh G- Classroom.pptx
Charles Schwab versus Andrew Cuomo Charles Schwab started th.pdf
1. Charles Schwab versus Andrew Cuomo Charles Schwab started the company that bears his
name on an exceedingly small scale in 1963; his only product at the time was an investment
advisory newsletter that was distributed to just 3,000 subscribers. Personal brokerage services
were added in 1971, and then pushed along by a constant stream of innovations-discounted fees
in 1975, computerized trades in 1978, 24-hour operations in 1980, and impartial investment
recommendations from start to finish-his firm grew very rapidly. In 2009 it provided 7.5 million
customers with individual brokerage accounts, served 1.5 million participants in corporate
retirement programs, employed 12,500 persons, and had a widespread reputation for serving
clients well. That reputation was brought into direct conflict with the Attorney General of the State
of New York, Andrew Cuomo, by a suit over auction rate securities. Auction rate securities are an
innovative form of investment-grade bonds, where the interest rates are set by periodic auctions.
Most bonds, both corporate and municipal, have an interest rate that is set at the time of issuance,
and that interest rate lasts throughout the life of the bond. Auction rate bonds do not have a set
rate. Instead, the bonds are ranked by investment quality (AAA to C+), and existing holders and
potential investors submit bids for the number of bonds within each quality rank they wish to
repurchase (the existing holders) or newly purchase (the potential investors) and the minimum
interest rate they are willing to accept as a condition of that purchase. Those interest rates are
then ranked from low to high, and the highest interest rate at which all of the bonds within a given
quality ranking will be purchased (in finance this is known as the "market clearing rate") become
the rate for those bonds. For most auction rate securities, this bidding process was to be held at
the end of each month, with settlement the next day, and interest to the prior holders to be paid at
the same time. These auction rate securities became very popular with both corporate and
municipal ssuers because they seemed to add the flexibility of short-term bonds to the steadiness
f long-term securities. Individuals were attracted by the interest rates that so clearly eflected actual
market demand and the periodic opportunities to get their money backwhenever they wished. By
early 2008 , the auction mate security market had grown to pare than $200 billion. Because of the
dual need to submit new bids each month and to proberage firms or investment houses to manage
the auidual purchasers relied on their What went wrong? February 2008 marked the start of the
rate securities they held. gedy, there were no bidders at the regularly. the start of the credit crunch
crisis. Sudthe interest rates became zero, the market valucs bocamed auctions, and so essentially
peable to dispose of their auction rate securities. became zero, and the holders were cers
throughout the county, led by Andrew Cuomo, Under presoure from state legal offiof New York,
the investment banks that had Cuomo, the Attomey General of the State osl placement of these
securities agreed to repurchase about in the underwriting and origicitigroup, Morgan Chase,
Goldman Sachs, investment banks that participated in this repurch, and Mernill Lynch were among
the thyy would attempt to rework those securities irchase settlement. It was expected that
Settlements with the "downstream" adjustable rate bonds after the original brokerage firms that
2. were the marketers of the were harder to reach on legal grounds. They werwiting and placement
had been completed the designs, construct the bonds, or met they were able to claim that they did
not develop innovative financial product that or run the auctions, and thus were just marketing an
TDAmeritrade (the unusual name ref ereloped, constructed, and serviced by others. the only
brokerage firm that agreed refers to the Toronto Dominion Bank of Canada) was securities for
which they apparently to settle and buy back $457 million in auction rate On August 17,2009 the
W all Street J fosernal rement of responsibility. to sue Charles Schwab Corp's brokemeet Jotarnal
reported that Andrew Cuomo planned was negligent in mot knowing the brokerage division,
alleging that Schwab either knew or was negligent in not knowing the dangers that a credit crunch
crisis and the resultant lack of liquidity would bring to the regularly scheduled markets for auction
rate securities. Essentially the lawsuit claimed that the brokers working for Schwab should have
been trained to warn their clients of the dangers of a financial collapse. Two days later, Charles
Schwab responded with a letter to the editors of the Wall Street Journal that was published as an
"op-ed" piece on August 19, 2009. That letter is reproduced here: A blizzard of new proposed
regulation and overzealous litigation is poised to jeopardize the low-cost investing model that tens
of millions of investors have cajoyed for decades, In the last 30 years, individual investors have
benefitted from huge insovations, including low commissions, online investing, mutual fund
supermarkets, and the adveat of exchange traded funds. Individuals now have broad access to
domestic and global markets at costs lower than institutions enjoyed only a few years ago. This
has provided needed capital to our economy and enabled the creation of personal wealth for
average Americans. But today's extraordinary regulatory and political environment is putting all of
this at risk. My company, Charles Schwab, was founded 35 years ago as a reaction to the high
cost and inherent exclusivity of traditional Wall Street investing. Today we serve alimost. 10 million
accounts. The majority are what we refer to as self-directed: They make their own decisions about
what to buy, sell, or hold. We provide them with an efficient platform, tools, assistance, education,
and, of course, low costs.We are not alone. Our direct competitons serve millions of other
American investots 45 76 Chapter 3 are looking for essentially the same thang: the freedom to
inexpensively invest on their os inresting comes risk, as well as polential reward. Un rings for the
individual investor, whether the alt reys scious effort to limit - if not cling liability for brokers, or the
threat of litigation that atternite consumer "frotection," fiduciary liability for broke ohers like us,
more like an insumance company than a broker. to make our fimm, and others like us, montly
being sued by New York Attorney General Andrea Cuomo, who alleges that we should have
known beforehand that the Auction Rate Securities market would freeze. Auction Rate Securities
are generally high-quality. long-term bonds that can be bought and sold on a weekly or monthly
basis through an auction process. The interest rate paid on the bonds was reset at each auction
accoediog te iavesior demand. The auction process has largely been frozen since February 2008,
legv. iag investoss holding quality long-term, but illiquid bonds. Though this market operated
smoothly and reliably for over 20 years, it is a market that ne had no direct involvement in
establishing or maintaining. It's a market where roughly 90 pereent of the clients who imvested in
these securities came to Schwab arking as to locate and make available these investments for
them. We did not create the prod. ucts, actively market them, and had no involvement in the
events that led to the collepie of the Auction Rate Secunities market. The implication of this lawsuit
3. is that fims like ours should have known that the mageker would fail. Shoald we also have known
that Lehman Brothers or Bear Stearns were going to go under, and compensate clients who
bought their equity or debt? Should ae have been able to predict which financial institutions would
be the beneficiaries of gor. emment bailouts and which would not? I think it's fair to say we have
all been supprised by many events this past yoar. The issue at stake here is whether independent
investors should be allowed the freedom to choose what they are allowed to buy, sell, or hold. Or
should the government try to enforce a guanntee against market risk through regulation or lawsuits
like the attomey general has brought against us? If Schwab is going to be held responsible for
guaranteeing every decision an investor makes, we'd need to severely limit what they purchase.
Would we tell them they couldn't buy Google or IBM stock because regulators or politicians don't
think they are smart enough to assess the risks and could hold us accountable for any losses?
The logicel outcome would be that individual investors would be constrained to a small set of plain
vanilla investments - Treasurys for all-or would be forced to pay us a fee to manage their account.
To be sure, we are happy to manage money for our clients. But millions of investors have decided
that their needs are best served when they direct their own finances. Foreing them to pay an
advisory fee would be a significant new cost to them and the fees would likely shut many small
investors out of the capital markets altogether. I've always believed in the power of the market to
drive innovation and drive dowa cost. 1 also believe in the individeal and his or her ability to make
reasoned decisions. I don't think our clients, or our competitors' clients, are looking for regulators
or politicians to protect them from risk by constraining their choices. Today Schwab clients can
open an account with as little as S1,000. If they invest their S1,000 in an S&.S00 Index fund, they
would pay no commission and their total cost of nanagement would be 90 cents per anmum. For
90 cents a year they can access cveryhing Schwab has to offer inchuding education, tools, our
Web site, 24/7 live phone serrice, as well as suppont from one of our approximately 300 branches
across the country.This is an incredibly powerful model that I'm proud of, and a model that I think
is good for this country and the market. Don't let litigators and politicians jeopardize it. If they
succeed, the individual investor will pay a heavy price. 1 Class Assignment This dispute between
Charles Schwab and Andrew Cuomo goes to the heart of both our market-based economy and
our law-based society. Address those issues through the following four questions: 1. Which side of
the dispute between Charles Schwab and Andrew Cuomo are you on? Charles Schwab
expressed his thoughts in an exceedingly articulate "op-ed" letter that was published in the New
York Times. Andrew Cuomo did not respond because he is by tradition (don't taint the jury pool,
and don't warn the opposing counsel) your opinion will Andrew Cuomo make at that trial, and-if
you were a member of the jury - what would be your verdict? Why? 2. What are the assumptions
of a market-based economy that as an attorney for one of the sides you would be either be certain
to bring before the jury or be prepared to counter if your opponent brought them before the jury? 3.
What are the assumptions of a law-based society that as an attorney for one of the sides you
would be either be certain to bring before the jury or be prepared to counter if your opponent
brought them before the jury? 4. Lastly, go back to Chapter 1 and review the section on ethical
duties. Are there any arguments expressed here that would help you to convince members of the
jury that your side was the most equitable and fair-to-all?