What went wrong at AIG? Despite US$110 billion in annual sales and assets in excess of US$1 trillion‚ on the 16th of September 2008‚ AIG accepted the Federal Reserve’s US$85 billion rescue package in order to prevent itself from facing a Chapter 11 filing. In exchange‚ AIG had given a 79.9% stake in the company to the government and also the right to suspend dividends previously issued to common stock and preferred equity. In all‚ US$184 billion in shareholder value was wiped out in less than a
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Feeling and Intellect Since Feeling is First by e.e. cummings and When I Heard the Learn’d Astronomer by Walt Whitman are two poems whose main ideas contrast very much from each other. They both reflect the basic most form of human experiences‚ that being feeling and intellect since they often come hand in hand. When one is emotional‚ they often only consider emotion in a given situation rather than facts. In contrast‚ when one is intellectual‚ they generally focus on logic rather than sentiments
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WHAT WENT WRONG WITH SATYAM? PROFESSOR J. P. SHARMA J.P Sharma‚ Professor of Law & Corporate governance‚ Department of Commerce‚ Delhi School of Economics‚ University of Delhi WHAT WENT WRONG WITH SATYAM? INTRODUCTION Till about two decades ago corporate governance was relatively an unknown subject. The subject came into prominence in the late 80’s and early 90’s when the corporate sector in many countries was surrounded with problems of questionable corporate policies or unethical practices
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HUSBAND’’. In this story she recounts the pressures placed on her by her family to find a “suitable boy” for marriage. “Suitable boy” states Sarita is a term used by Indian families to describe a strong family candidate- someone who comes from the right religion‚ region‚ community‚ and family background. Within my circle of American born-cousins‚ however‚ we used the term to tease each other about our parents’ marriage schemes. Arranged marriage is not a romantic ideal. I feel a person’s background
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Walt Whitman’s poem "When I Heard the Learn’d Astronomer" describes the feelings of knowing too much about the workings of nature. The speaker in the poem is a student who has attended a lecture on astronomy. As he learns more and more‚ he becomes more and more depressed until he leaves the lecture room. Whitman uses interesting elements of form‚ sound‚ and imagery‚ but not figurative language‚ to give meaning to this short poem The poem consists of only one stanza‚ made of eight lines
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rainy school morning‚ when I wake up to get ready for school‚ I decide to come up with a plan to quit school. You see‚ I absolutely despise school. It is my least favorite thing in the world. I know “I have” to go but I just can’t anymore. The homework is too much‚ the waking up early is too much‚ and the teachers are too much. This is why I need to come up with a plan to quit school. After school‚ I go home and sit in my bed and think of my plan. Stage 1- Before I go to bed I make sure my bike is
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I woke up and could not remember what had happened… … I woke up and could not remember what had happened. All I could feel was a knock out in my head‚ extremely painful‚ as if lightning had struck me and split my head into two. I was searching for Ethan‚ but the moment I took a deep breath‚ the stench of the crimson blood in the surrounding rushed into my nose‚ stopped me from identifying any other smells in the atmosphere. There is no a single beam of light in the room which made me feel uncomfortable
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Although the U.S.A went into Vietnam with the best of intentions‚ the conflict went horribly wrong.’ The Vietnam War was a conflict‚ which the United States involved itself in unnecessarily and ultimately lost. The basis of the conflict was simple enough: Communism vs. Capitalism‚ yet the conduct of the Vietnam War was complex and strategic‚ and brought repercussions which had never been seen before. The struggle between North and South had an almost inevitable outcome‚ yet the Americans entered
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IF GOD PUTS YOU ON HOLD-DON’T HANG UP A. INTRODUCTION 1. There is a bumper sticker‚ “If God puts you on hold—Don’t hang up.” 2. Survey: a. How many have ever been put on hold? b. How many have ever gotten mad when you were on hold? c. How many have hung up? 3. This sermon is about what to do when God puts you on hold. B. PEOPLE WHO WERE PUT ON HOLD 1. Moses was on hold for forty years on the backside of the desert‚ before God spoke at the burning bush. 2. David was
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forwarded from purchasing are stored in a purchase order file. The receiving reports are stored in a receiving report file. When the vendor invoices are received‚ the accounts payable clerk records the amount due in the accounts payable file and files the invoices in the vendor invoice file. S&S pays all accounts within 10 days to take advantage of early-payment discounts. When it is time to pay a bill‚ the accounts payable clerk retrieves the vendor invoice‚ attaches the purchase order and the receiving
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