Goldman Sachs

Background The federal government’s role in regulation is to protect consumers and the market. There is an ongoing debate on whether the federal government should regulate the insurance industry due to the bailouts stemming from the financial crisis of 2008. Currently, state governments regulate the insurance industry. Proponents of federal regulation argue that states are inefficient in the duty of insurance regulation. Additionally, the federal government has economies of scale and may offer…

Religious rituals vary from person to person, from one religious group to another, and certainly from one geographical location to another. Amma as profiled by Joyce Flueckiger in the book In Amma's Healing Room, and the subjects studied in Kathryn Lofton's Consuming Religion, vary quite differently in their approaches to rituals, but nonetheless there is one unifying theme: rituals are an inescapable reality of the world in which we live, and that rituals can turn spaces which might not…

Quality (‘suzhi’) education reform in China: Its overview, conflicts, and social impact 1. Introduction While China’s economical reform has seen impressive growth and results over the decades, continued and sustainable development in a knowledge-based economy is dependent on a modernised workforce that is able create and innovate. As such, the Chinese government has poured tremendous resources and effort in reforming the education system that favours all-round development over rote-memorization…

Sleep Now in the Fire: How Rage Against the Machine Shut Down U.S. Capitalism In Henry David Thoreau’s “On the Duty of Civil Disobedience”, Thoreau defines civil disobedience as an act of willful resistance, achieved by not obeying the laws one views as hypocritical. Thoreau achieved this by refusing to pay taxes, which Thoreau was jailed for, because he did not support paying the government to fund things against his morals, such as slavery. Many believers of the Everyman movement use protest…

better the efficiency of the investment and banking industry, why must we have laws and ethics that lay out the information of what is good and what is bad in the world of money, shouldn’t it already be known? In class we mentioned the issue with Goldman Sachs, ENRON, and some others companies who disobeyed specific laws in order to better the companies own economic benefit. When we study their thought process we notice that some of the problems are rather ethical, how come even with the…

Introduction On September 19, 2014, the Chinese e-commerce giant Alibaba Group Holding Limited (Alibaba Group), had an initial public offering of American depository shares at $68 per share on the New York Stock Exchange. This deal raised $25 billion for Alibaba Group, making it the world’s largest IPO. The listing ensured Alibaba surpass a previous global record set by Agricultural Bank of China in 2010, and also made Alibaba one of the most valuable technological companies, comparable to the…

Treasury secretary. He is a 53-year-old, CEO of Dune Capital Management, he has also had business dealings with Mr. Trump. They both have had businesses accused of racial discrimination and are excessively wealthy. Steven Mnuchin has worked at Goldman Sachs for seventeen years and eventually became executive vice-president. He has previously supported the Democratic Party. Mr. Trump has attacked his investment company and sued it for overbuilding a deal. As Donald Trump heads to the White…

Financial services and related services industry is arguably one of the most regulated industry, with very high level barriers to entry for a new kind service or new technology. Even though highly regulated, these services have always been in shades. In a survey, by PwC they found a shocking fact that banking, capital market, investment management and financial services had over 45-50% had economic crimes during the period of the survey(PwC, 2014b). Internet revolution has enticed us to get…

America is known by many names but one that stands out the most is ‘melting pot’. This name was given to the United States in 1908 after it was used as a metaphor describing the combination of nationalities, cultures, and ethnicities in a play know by the same name. All people come from somewhere and in the United States during the four waves of immigration this was the case along with many European immigrants. Looking at the history of German immigrants coming to the United States the sources…

to the Atlantic Shore. It has some of the most wonderful coastlines, beaches, and boardwalks. Though you can go hours in the sand and water but if you don’t like your feet baked in sand. Then come to Jersey City! Fantastic skyscrapers like the Goldman Sachs Tower.…