Hedge fund

America, where the famous so-called “American Dream” was born, used to be the most influential nation in the world economy. However, since the Second World War, America’s economy has been in a free-fall. The “American Dream” is now only a remnant of long lost heydays. The reason why America has gotten to this dreadful situation may lie in the path that its government chose to develop. For instance, the truly needy do not have enough support from the Social Safety Net programs to get out of…

times bigger than the loss figure reported in 2009 annual financial statements by VINASHIN. Due to the world economic crisis, a series of shipbuilding contracts were cancelled. The company was then $4 billion in debt and sued by Elliot VIN (a Dutch hedge fund) for being unable to pay the $600 million debt. VINASHIN experienced the most difficult period of its history when the danger of debacle was very close and members of its board of directors were arrested and sued because of the severe…

Joseph Glidden (Barbed Wire) Glidden was an Englishmen that was born in Charlestown, New Hampshire. He was born on January 18, 1813. Shortly after he was born, him and his family moved to the City of Orleans County, New York. Joseph attended school just as a normal child during his young, adolescent years, but soon after, was needed at home for farming help so he only went during the winter months. When Glidden was a teenager, he discovered that he had an interest in teaching. He attended…

Drug Prices & Morality Martin Shkreli is now known as one of the most hated man in the world. This man bought the rights to a drug called Pyrimethamine or more commonly known as Daraprim. Daraprim is a common drug used to prevent the PCP in people with HIV and AIDS. Daraprim was also used to prevent malaria. The pressing issue of this is that Martin had raised the price of this drug from a mere $13.50 per pill to a staggering $750 per pill. This is a 5000 percent increase. This issue is…

Annotated Bibliography Bruni, Frank. "The Elite Squeeze." Time 185.11 (2015): 48-52. Academic Search Complete. Web. 8 Mar. 2016. Bruni is an American journalist for Time Magazine, in this article he focuses on the difficulties that college applicants experience to be accepted to elite institutions of higher learning, but during this time there is enormous opportunities to obtain high-quality education in America that are not currently “elite.” Bruni supports his reasoning by singling out…

Good evening. Tonight, I want to talk about the debate we've been having in America over the national debt -- a debate that directly affects the lives of all Americans. For the last decade, we have spent more money than we take in. In the year 2000, the government had a budget surplus. But instead of using it to pay off our debt, the money was spent on trillions of dollars in new tax cuts, while two wars and an expensive prescription drug program were simply added to our nation's credit card. As…

As the world has become smaller, not the actual size but as countries become more and more connected through globalisation there are many advantages and disadvantages that arise. As a starting point I will name just a few advantages and disadvantages. One advantage can be seen as that many country’s exports and imports have become easier to transport which means the production of goods and rendering of services has become more efficient which means the end product will be cheaper to purchase for…

General Information: INTRODUCTION OF WELSPUN CORP LTD • Welspun Corp Ltd. (WCL) is the flagship company of Welspun Group and is a global giant in the Large Diameter Line Pipe segment. Over the last 15 years, the company has emerged as a leading name in the industry and today offers a one-stop solution with its wide range of products. Having a profile of clients coming from amongst the Fortune 100 companies especially in the Oil and Gas sector, Welspun Corp has established…

Introduction The Virgin Group Richard Branson has started his business as a recording studio in 1970 with Nik Powell. During 1970-1980 he expanded his business in to films, books, holidays, airship and hotels. During 1980-2000 the business has further expanded in to Bridle ware, car and mobiles. Currently the virgin group is enjoying 53 Million customers worldwide, 69,000 employees in 35 countries and 16.6 billion of Euro revenue per annum. 37 million people are following virgin through social…

controls exchange rate movement within a trading band. The rupee is currently trading at Rs110.39 against the dollar. The devaluation is sure to please the IMF, which in early September remarked that non-borrowed reserves – those not including IMF funds or foreign holdings of treasuries, for example: [Have] steadily declined, reflecting foreign exchange sales by the Central Bank. This policy does not seem to be in line with the current fundamentals of the economy. In responding to market…