Public finance

Monday Properties Chairman and CEO Anthony Westreich A graduate of Southern Methodist University in Dallas, Texas, Anthony E Westreich holds a bachelor of arts in history. He also completed the Owner/President Management Program at Harvard Business School in Boston, Massachusetts. Anthony E Westreich established New York City’s Monday Properties in 2004, when he acquired the private investment fund Max Capital Corporation and its entire 4-million-square-foot portfolio. Under Anthony…

Both of these regulatory legislations were extremely beneficial for the saving associations in the early 1980s. These pieces of legislation were enacted to minimize the net withdrawal flow of deposits from the institutions, which would help reduce the liquidity problem. For example, NOW accounts allowed for an unlimited amount of checks to be written to each deposit account, which allowed for cash to be more readily available. Thrifts were now able to make consumer and commercial loans to issue…

PCI compliance was first introduced in 1999 by Visa, Inc., in the form of the Cardholder Information Security Program (CISP). CISP was developed as Visa’s way to fight rampant cybercrime, which left credit card companies responsible for fraudulent purchases. (Search Security Staff, 2013) However, companies accepting credit transactions did not adopt the standards provided by CISP because they were quite different from the standards presented by other card companies like Discover, MasterCard,…

In the past six years, I have run a stand selling golf balls next to the course in my subdivision, taken over a lawn mowing business, and sold paracord bracelets at the annual art fair in Plymouth, Michigan. Consequently, I have learned the importance of tracking income and expenses for tax purposes, among other reasons. Over the course of my ventures, I decided I had enough excess money to start a Roth IRA; however, this meant I needed to report my income. The first year I contributed to the…

Another cause of the flourishing of the sex trafficking and organize crime is that their revenues can be deposit in a Swiss bank and be protected under the banks confidentiality law. There are attorney specialized on the transactions, which the “numbered account is not listed under the clients name and everything is process through codes. Minimum balance is of $ 250, 00 Swiss francs, about $ 237,000 USD. The bankers deal with the attorney to comply with the regulations of the UN and the EU.…

Final Project Part 3 As of April 27 the current value of the 1,000 shares of Apple stock is $143,680. Apple stock price was at $2.19 25 years ago which extended a total value of $2,190 (AAPL, n.d.). This ultimately means that the 25 year return on 1,000 shares of Apple stock is roughly $4,725%. If there were EE savings bonds sold, the payout would be $119,588, compared to the value of the bond if kept until maturity of $143,680. The prize for selling a combination of stocks and bonds is that it…

Wealthfront: Since its launch in 2011, Wealthfront has built trust with its unique service that designs a personalized portfolio of globally diversified investments for each client. Wealthfront, created in December 2011, is one of the biggest players in the space, trusted with more than $5.5 billion in assets under management as of the end of March 2017. This makes it the second-largest platform of the independent launches, just behind Betterment. Getting started with Wealthfront is a simple…

Barclays fails to win dismissal of NY 'dark pool' lawsuit is an article that I thought was interesting when it comes to business and law. It talks with reference to the two different sides and what they are trying to accomplish when it comes to the aspects of dark pools in stock markets. Stempel describes dark pools as a way of discretely trade shares, without all the investors being informed. Attorney General Eric Schneiderman is bringing up a lawsuit against Barclays. Barclays is a bank that…

numbers of the company and see where they could be if they tried something a little different. An internal statement does not follow the rules and guidelines established by the Financial Accounting Standards Board of the American Institute of Certified Public Accountants (Lister, n.d), therefore it can things like changes in operating income, cost, assets and profits levels, before the company gives the info to shareholder and the outside…

During the early 20th century general business conditions were favorable so this lead bonds to increase. What this caused was the higher prices for the bonds, but in return, this lowered the yields of the bonds. Then the Great Depression hit, in the early 1930’s. This caused businesses to go out of business, as there was a loss of profit. This also cause the yield of bonds to be depressed and the bonds cost even more during this time. In the 1970’s, we began to see inflation. With the…