A. Recommended Decision Syracuse University has decided to rebuild the Carrier Dome in the same location, capturing the well-documented history of the school’s athletics while improving the experience for all players, fans and community members. The total project is expected to be completed within 3-5 years, will cost approximately $500 million, but will provide a brand new state-of-the-art stadium that Syracuse University and the community can be proud of. Of the $500 million, $450 will be…
Introduction The Lehman Brothers company had a long history of perseverance from the railroad bankruptcies of the 1800s, to the Great Depression of the 1930s, two world wars, and the Russian debt default in 1998 (Investopedia, 2015). Their century long history of endurance started to erode during the U.S. housing market collapse of 2008 with Lehman’s extensive investment in the subprime mortgage market. With $619 billion in debt and $639 billion in assets, Lehman Brothers filed for bankruptcy on…
The 2008 financial crisis is considered by many economists to be the most perilous crisis faced by the modern day world economy since the 1930s Great Depression (Krugman, 2009). The collapse of Lehman brothers, one of the world’s leading investment banks before declaring bankruptcy, in September 2008 almost took down the world’s financial system. Many factors such as U.S. Home ownership policies, poor risk management, irresponsible lending by banks and deregulations of banks were pointed out as…
16 things every international student should know about Duke Fuqua Duke Fuqua, pronounced “Duke Few-Kwa,” as opposed to “Duke Foo-Kwa, is the business school of Duke University in Durham, North Carolina. It was established in 1969. In 1980, the school was named after J. B. Fuqua (1918-2006), who gifted it $10 million. Duke University was a sort of alma mater to Fuqua—as a teenager, he had borrowed books on finance and banking from the university library, getting them delivered by post. Fuqua…
comprehensive analysis study which reflected the hiring practices, internal and external initiatives to increase diversity, and the representation of women and minorities, of several major companies in the S&P 100 (Adams, 2013). Of the companies studied, Citigroup, Merck, Coca-Cola, and JP Morgan Chase got top ratings for their records on including women, minorities, and people with diverse sexual orientation, while Berkshire Hathaway and eBay scored at the bottom of the rankings for their poor…
Objectives First Year Objectives Following the release of the product, a more advanced COIN 2.0 will be available with added security and functionality. The first-year objective with this new marketing plan is to create consumer loyalty by providing upgrades to COIN 2.0 from COIN for a small fee as well as sell over 100,000 more devices. Targeting social media platforms Twitter, YouTube, and Facebook, COIN plans to penetrate the market by engaging consumers by answering questions and demoing…
reporters McLean and Elkind, “One of the most sordid aspects of the Enron scandal is the complicity of so many highly regarded Wall Street firms” in enabling Enron’s fraud as well as being partners to it. Included among these firms were J.P. Morgan, Citigroup, and Merrill Lynch. This complicity occurred through the use of prepays, which were basically loans that Enron booked as operating cash flow. Enron secured new prepays to pay off existing ones and to support rapidly expanding investments in…
These agencies and their “varying rules and standards led to certain entities not being regulated at all, with others subject to less oversight than their peer financial firms organized under different charters” (Morrison & Foerster, 2010, p. 6). After the financial crisis, analysts pointed to the “many regulatory failures” and gaps in oversight as the reason unethical and illegal practices were overlooked or ignored (Madrick, 2010, para. 3). As a result, the provisions set out by…
Are we winning the War on Drugs? Most opinions are split 50/50 on this question. One thing is for certain, Mexico is the biggest exporter of drugs into the United States. This epidemic has created wide-spread problems for both countries; the Mexican drug cartel has crippled their country with violence and political corruption and it has affected the United States in a social-economic way. First, let me give some reasons and history around the U.S./Mexican “Drug War”. The two major…
It’s that time of the year, March Madness. 68 teams have one goal in mind, win the championship. As an athlete, I know this driving passion to achieve that goal. To say that you beat everyone put in front of you is one of the best feelings. Players go to a college to win the championship. Athletic trainers keep players healthy, so they can play to win the championship. Coaches recruit a player for one main reason, to win the championship. Say a school is fortunate enough to win an NCAA…