Subprime mortgage crisis

Goerzmann the ideal candidate to write about the history of finance and how it has evolved throughout time. With the most recent financial crisis -2008 Financial Crisis- still hindering our ability to trust the financial industry, is money and the creation of financial instruments a gift to our society or is it the root cause of destruction? During the financial crisis of 2008, financial innovations seemed disruptive and the cause of civilizations’ hardship. Goetzmann argues exactly the…

Organization and Rhetoric in “Is the Business World All About Greed?” Nicholas Kristof is a bi-weekly, periodic op-ed columnist for the New York Times. His articles focus on social issues, ranging from women’s rights to health care, and global affairs including those in third world countries. Kristof is a Harvard graduate, and he has studied and lived abroad and speaks multiple languages. Also, he is a recipient of two Pulitzer Prizes. In the article “Is the Business World All About Greed?”…

Consequences of White-Collar Crime White-collar crime is a widespread problem which have resulted in significant financial loss to victims. A few well-known white-collar crime case made headline to aware of the seriousness. They are Enron collapse in 2001, WorldCom financial fraud in 2002, Bernie Madoff Ponzi Scheme in 2008 and Leman Brothers scandal in 2008. These frauds all linked to large amount of money. According to Friedrichs (2009), the financial damage result from white-collar crime in…

A reduction in the quantity of goods, a decline in the business cycle, and a collective slowdown in economic activity are all characteristics known as a recession. In the most recent recession that took place December, 2007 and ended June, 2009 many companies struggled to stay afloat and some just merely sank in this economic downturn. For example big corporations such as Bear Stearns, Lehman Brothers, Merrill Lynch, AIG, and Citibank were victims of the recession (U.S. Bureau of Labor…

The Australian film industry has been around since the late 1800s but it took until 1970s for it to fully start. This is because, during this period, the Australian government started funding feature films through the Film Finance Cooperation. This sparked an era of ‘Comedy Gold’, in which many cult classics such as Crocodile Dundee and The Castle were made, excellent examples of Australians cinema. However, during this period, larger American films swamped the Australian film industry with…

John Allison lays out his plan to fix the world economy, following the financial crisis in 2007, in his book, The Financial Crisis and the Free Market Cure. Allison begins by detailing what he believes to be the cause of the financial crisis. From the very beginning of the book, it is clear he has a very strong conservative bias. The majority of the chapters in his book follow the same format: blame some federal regulatory body, show how those regulatory actions pushed the financial industry to…

solve the problem of employment and raise wages in various sectors of the national economy? Should the federal minimum wage be increased? These questions have long been the subject of heated debate in the US expert community, but after the economic crisis of 2008-2009, they have acquired a special urgency. 
 Just ten years ago, the impact of globalization on employment and distribution of wealth in developed countries was rather low. The economic growth rate of 2.5% was considered quite…

Donald Trump is a inspiring well known businessman from Queens, New York. Donald started off with a small loan of a million dollars. He used competency, self motivation, and perseverance to become the man known for saying that he is going to make America great again. Donald is a outgoing person with a vivid personality. He is a family man, he is the father of five children. He has shown resiliency by coming back from several large bankruptcies, and business failures. Donald has come far from…

Warren Buffett once said “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently”. The way it relates to our generation today is that Chris Brown ruined his reputation in a short amount of time. There are a lot of people in the world who has messed up their reputation and as a consequence, they cannot come back from it. Chris Brown is only one of the many people that has messed up their reputation and cannot come back from their…

J.A. Alternative Assignment Sammy Arebalo Texas A&M Corpus Christi ECON-2301.003 December 2015 The great recession can be considered the largest devastation in economic history after the great depression of the late 1920’s and early 1930’s. The great recession was a time period taking place in the late 2000’s, officially lasting from December 2007 to June 2009. The economic decline devastated many leaving many out of job and sending unemployment rates through…