Dot-com bubble

They moved to trading derivatives – in 2000, Enron's derivatives-related assets increased from $2.2 billion to $12 billion. They had deals in areas such as weather derivatives, water services, metal trading, broadband supply and power plant. Soon enough, Enron had more contracts than any of its competitors and could predict future prices with great accuracy. Enron seemed to always have steady, high profits. Behind the scenes, however, there was much more to it. Starting with the Vahalla scandal…

The global financial crisis was triggered by the U.S. housing slump in 2007 and 2008. After the dot-com bubble burst in 2001, investors were looking for another place to invest. They found this in real estate which was thought to be safe because prices were thought to always go up. With mortgages available at low rates Americans began to take on more debt. U.S. firms also began to borrow heavily to buy assets with relatively small initial out of pocket capital costs. When the market crashed in…

RASPBERRY PI Chapter 1 Introduction Raspberry Pi is a small, card sized computer manufactured and designed in the United Kingdom by the Raspberry-pi foundations with intention of teaching basic computer science to school students and every other person interested in learning computer hardware, programming and DIY-Do-it Yourself projects. The Raspberry Pi have Broadcom BCM2835 system on a chip (SoC), including an ARM1176JZF-S 700 MHz…

Capitalism is the dominant economic system of the West by which production is privately owned and income is distributed through free markets. This exists in contrast to many Eastern countries that believe that production of good is best controlled by the state. The idea that the state and not the individual should be the one controlling production comes from the roots of the philosopher Karl Marx. Marx foresaw a world without the use of money, without a modern caste system with class divisions,…

Case 22 Teaching Note Herman Miller Inc.: The Reinvention and Renewal of an Iconic Manufacturer of Office Furniture Overview Furniture manufacturer, Herman Miller Inc.’s, penchant for reinvention and renewal since its inception in the 1920s had resulted in accolades not usually bestowed on firms in mature industries. HMI made Fortune’s “Most Admired Companies” and “The 100 Best Companies to Work For” lists and also FastCompany’s “Most Innovative Companies” list in 2008 and 2010. The…