401(k)

1a. In a short paragraph, name the leader & briefly describe why that person is infamous or bad: The infamous leader that I choose to talk about this week is Mao Zedong was at the head of a Communist government in China during the year 1949 when it finally forced the Nationalists to retreat to Taiwan. By Exploiting the immense number of peasants in poverty, Mao ordered that in every village, at least one landlord was to be executed as an example and that all the property was to be equally…

As the reality of the Social Security systems impending failures under its current construct, there has been a growing agreement throughout the United States’ population and government regarding the need to reform the Social Security system. With the trust fund projected to be depleted in but a few decades from now, it is time the debate progresses beyond generalities and hypotheticals and examination of the implementation of specific proposals for reforming Social Security takes place. In…

All the branches of government have protocols to follow. In order, for the government to work efficiently they uses certain rules to help give them structure and organization. The committee hearings are ways the government and government officials partake in to help the economy. The legislators are the main audience of the committee hearings and would revert to the meeting to be well equipped with important information, regarding societal issues and gives methods to solve problems. There are…

to it to have a great portfolio. There is no short-cut for a long-term gain, and I can have mistakes when because I am young now. When I am old, I will not have a lot of time to recover from mistakes. I will put money in a retirement account like 401(k) or 402(b) as soon as possible because I can have the advantage of compounded interest over time. I will also need to put money in an index fund like the Vanguard SP500 Index because it has a very low cost with a great return in long-run. I…

Giroux, G. (2008). What Went Wrong? Accounting Fraud and Lessons from the Recent Scandals. 75(4), 1205-1238. Retrieved from http://www.jstor.org/stable/40 972113 In this Journal, The author uses binding sources to display the accurate reason behind the collapse of Enron. Throughout the article the authors references many major scandals that has took place with in the same time period as Enron, for example Global crossing, WorldCom, Tyco, west, Major Banks, and Prosperous hedge funds.…

Hamlet Introduction Professor Course Date The tragedy of Hamlet Hamlet, a play by William Shakespeare, unfolds as a drama inclined on retribution (Shakespeare, 1996, p. 342). In the first Acts of the play, Hamlet, the main protagonist, learns that Claudius was the perpetrator behind his father’s murder. Shakespeare gives a vivid description of Hamlet’s encounter with his father’s ghost (Shakespeare, 1996, p. 367). It is in the course of this encounter that Hamlet discovers that…

Enron - Scandals in Auditing Introduction: In 2000, Enron went from being one of America’s largest company, to filing for bankruptcy in 2001. This scandal is pinnacle in understanding how the regulation of auditing has reformed and how new legislation has been issued in an attempt to prevent such fraud from reoccurring. The number of stakeholders affected by such a scandal is unaccountable, from employees to governmental bodies and leading to the dissolution of the firms’ auditors, Arthur…

People in general are diverse and have distinct components which make them unique and sets them apart from the next person. Among all of our distinct characteristics and appreciations for various subjects, many of us bring assorted passions and expertise on different topics. Even in recognizing my own interests and passions, I have yet to fully carry out a business concept I created back in 2011 which is still not in existence today. Recognizing there is still a desire to pursue my idea,…

percent of players will file bankruptcy within two years of their careers endings (Chadiha). This is a serious liability for the NFL because health implications resulting from the game don 't begin to appear for years after retirement, and while a 401 K pension cannot be cashed in for a retired player until he reaches 60, he very well could be dealing with mental implications at fifty even forty. Mike Webster a famous case of football gone bad, playing in the National Football League for…

History of Sears In 1886 , Richard Sears, an agent of the Minneapolis and St. Louis railway station in North Redwood, Minnesota, started a watch company named R.W. Sears Watch Company. After Richard Sears received an unexpected shipment of watches from a jeweler, he in turn sold the watches for a higher price and received a significant return. R.W. Sears Watch Company was originally located in Minneapolis, Minnesota but later expanded to Chicago in 1887. (http://www.searsarchives.com/history/)…