Subprime lending

With dozens of professional sports stadiums built in the past decade, and many more on the way, it is time to put a halt to public-funded stadiums due to their lack of economic productivity. This is what Raymond Keating argues in his 1997 editorial ‘We Wuz Robbed! The Subsidized Stadium Scam.’ He believes that since taxpayers continue to lose more and more money from taxes and subsidies each year, Congress should eliminate tax breaks for financing stadium construction. Keating begins not by…

ORGANIZATIONAL BEHAVIOR (HRM-601) Name – Sandeep Shivkote Mallaiah UCID – ss3677 NJIT ID – 31433749 Thought Exercise 6 NAME:- GORDON BETHUNE BIRTH:- AUG 29TH, 1941 TEXAS OCCUPATION :- Chief Executive Officer Continental Airlines(1994-2004) Gordon Bethune is a transformational leader who made dramatic changes to Continental Airlines when he worked as the Chief Executive Officer from 1994 to 2004.Before Gordon took over this responsibility, the company had several black eyes and was on the verge…

The Answer to the United States’ Toughest Obstacle The Great Depression was a major turning point in United States history. The United States went into a major economic slump in 2008, leaving many people without jobs. Paul Krugman writes about the state of the economy after the depression and how to rebound from it in his book, End This Depression Now! In this book, Krugman talks about the result of the economy following the Great Depression. Krugman provides key suggestions and examples of…

Wichita Confronts Contamination Case Study Analysis Pamela McClain-Willis PADM -7100 October 8, 2017 Dr. Mary Bruce Introduction During the early 1990s’ Wichita Kansas like many small cities faced an economic low. In fact, Stillman states, “The downturn in the regional oil and gas industry exacerbated a nationwide slump in the real estate market affecting the downtown business areas of Wichita the hardest” (p. 137). As home and business owners were looking to…

Sleep Deficit: The Performance Killer is an article written in October 2006 by Bronwyn Fryer, a senior editor at the Harvard Business Review. It states the dangers of sleep deprivation, telling us how it affects our health and performance, as well as how our actions can hurt others. According to the Highway Traffic Safety Administration, sleep deprivation is responsible for 1.35 million automobile accidents in the United States. The article includes an interview with Dr. Charles A. Czeisler, an…

In the introduction to her book “Shock Doctrine: The Rise of Disaster Capitalism” (2007) Naomi Klein illustrates how governments take advantage of natural or man made disasters to introduce exploitive policies and other changes in country while its citizens are still in shock and have to deal with the crises at hand. I agree with Klein’s statement that countries often use Shock Therapy to deal with crises and in my essay I will specifically look at financial crises. The argument I use to support…

Introduction The key tenant of choosing a specific firm for analysis, is one having the history of outsourcing their Information Technology (IT), to a third party, only to regret the decision, and return, or back source, the IT service. An excellent example being the current largest bank in the United States; JP Morgan Chase. In 2004 JP Morgan Chase cancelled the remainder of a seven year, $5 billion IT contract with IBM. When the outsourcing deal was done in 2001, it was heralded as the…

Prudential The time when the protagonist Arthur Ryan was brought in as CEO, Prudential was charged with the largest investor fraud in US history. Prudential had defrauded investors of close to $8 billion and eventually had to shell out $371 million as settlements and fines. The most common solution to overcome the economic condition is layoffs. The critical time in highly competitive market leads Arthur Ryan to downsizing environment (p.1). Management decision in downsizing creates gap between…

This case documented the key financial goals and objectives of four clients and describes the strategies that the manager should employ to meet these objectives. For these four clients’ main asset mix and goals, I can summarize it as following: Bob miller has no short-term requirements. His portfolio includes 70% equities, Canadian oil and gas sector. Mary Swanson has no short term liquidity needs. She has higher investments in equities than bonds, 60% equities and 40% bonds. The goal for…

The American Dream has taken on new interpretations for each generation. Each interpretation is directly related to the economy at that particular time. When you ask is home ownership still a part of the American Dream I would have to say the term “ownership” is what has changed. My grandparents owned two homes in their lifetime in which they raised their family. The first was a starter home, then once they had established their careers they built their dream home. The neighborhoods…