Rogue trader

leading steel manufactures, Algoma Inc. and Stelco Inc. Both became prey to the investors trying to sell the company assets offshore and make quick, albeit a lot of money. Such is the greed of investors that the downfall of Stelco Inc. rendered a lot of workers jobless and made Hamilton one of the poorest towns in Ontario. From Nortel Networks to YBM Magnex, the author describes the various ways in which investors steal money. He also uncurtains the Ponzi Schemes of different named Canadian banks like CIBC and RBC who device fraudulent schemes to steal from investors themselves. He also discusses who the mafia and criminals then threaten the fraudulent hedge fund manipulators and bankers to give them a chunk of their profits. He busts the rogue investors, corrupt brokers, loan sharks and hedge fund manipulators of their deep rooted corruption, ill- defined bonus pools, falsifying documentation and bogus schemes in an attempt to expose what really goes on in the office of Bay Street. The book comes across strong and thought-invoking as it unveils the real grim face Canada’s corporate sector and compels the readers in sit and think if their investments are really safe. It also highlights the blatant disrespect of ethics and morals and the ruthlessness of the investors and hedge fund manipulators as the authors aptly calls the corporate sector a “a wealth destroyer, a parasitic reaper of money from the middle and working classes.” It relates to the common middle class man with…

the higher the risk that it will pop. And with time, it did. Known as Black Thursday, millions of stocks were sold and traded and it’s when disaster took a turn for the worse. The market had crashed. Prices shot up to the stars and barely anyone could afford anything. Since the market had crashed and no one could afford anything, companies began to lay off their workers. People who were very fortunate to keep their jobs were paid very little and to make the amount of money they made before the…

The Senufo Face Mask and Western Guinea Coast Masquerade Figure both have Raffia as one of their materials. Raffia is a palm tree native to Africa with a short trunk and very long leaves. Another meaning is the fiber from the leaves of the raffia tree that can be used to make mats, baskets, hats and other things. On the back of the Senufo Bird figure, there is a tail, one bird on each wang facing each other, two figures that seem to have two arms and two legs, or four legs, and a wavy line on…

you are losing your money, if you are just saving your money in your bank account or safe. In this year, you lost 1.6% of your money. It is lower than the United States annual average, 3.22% (S), but it is still 1.6%. The price of goods keeps increasing and we need more money to buy the same goods. However, banks do not pay us enough interest. In fact, inflation rate in this year, 2016 is 1.6% according to Federal Reserve Bank of St. Louis (S), while we have 0.01% of interest rate of major…

Every product they sell that has the Trader Joe’s brand on it is guaranteed with no MSG, no artificial flavors or preservatives, and no DNA modified ingredients (“Product Information”). They also emphasize a lot on freshness of the food they provide. Trader Joe’s also provides varieties of organic food so the consumers can feel more safe when they use it. They also do not carry items from big, national brands, most items in Trader Joe’s is of its own brand. Trader Joe’s also guarantee good…

There six functions of the family,that Shirley Zimmerman has summarized that if fulfilled will fulfill the necessary roles in society.however if society no longer motivates individuals to carry out these responsibilities,neither the society or the institution of family will survive. Functions of the family Addition of new members through procreation or adoption:Although in the moving the reasoning behind the infertility is unknown,this need for procreation is not being met.Which is detrimental…

Trader Joe 's company case analysis You could use the following questions as guidelines: 1. What are the key/valuable resources of Trader Joe? Ans. Trader Joe’s is a private chain of grocery stores in the US, founded in 1958 by Joe Coulombe. In the year 1978, he sold it to a leading global discount supermarket chain. It has now expanded to over 450 stores nationally. The key reasons or resources why Trader Joe has been able to reach such heights are as follows: a. Small stores and compact,…

Trader Joe’s is focusing on the product innovation and selling groceries and wine for a cheap price. Due to customers understanding and knowledge, customers know that they can get products from Trader Joe’s for high-quality with stable low price. However, Whole Foods has gotten a harder time differentiating. Its company response is not encouraging customers, according to a recent report (Lutz, 2014).). In addition, Trader Joe’s is not only focusing on the price, but product, promotion and place…

In just such a move, Trader Joe’s phased out singleingredient products (such as spinach and garlic) from China. “Our customers have voiced their concerns about products from this region and we have listened,” the company said in a statement, noting that items would be replaced with “products from other regions until our customers feel as confident as we do about the quality and safety of Chinese products.”19 Conversely, discontinued items may be brought back if customers are vocal enough,…

Introduction (Situation, Problem, Approach, Theme) John Updike’s story, A&P, takes place in a small, conservative New England town. The time of year is during the summer, sometime around 1960. Most of the story is set in a small, local A & P grocery store, where the narrator is the cashier. The narrator’s name is Sammy, and he is nineteen years old. When three girls in bathing suits enter the store, he watches them as they make their rounds through the aisles, judging them and making…