Most would tend to believe that UBI is a smart move‚ but Trevir Nath of NASDAQ (an American stock exchange) disagrees and provides his thoughts on the matter. He believes‚ “Simply put‚ a basic income sounds noble‚ but in practice it would be very costly”. While true‚ UBI on paper could offset the deficit in the United States
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Reagan Economy vs. Obama Economy November 4‚ 2012 If there are any American Presidents who will go down in history‚ they should be Ronald Reagan (1981-1989) and Barrack Obama (2008 – Present). They both assumed office at a time when America’s economy was slumping. The American electorate voted them in office with the hope that they would recover the economy. Sure enough they did keep their promise to the American electorate‚ but still
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Case study on WorldCom THE WORLDCOM FRAUD:- Presented By: Pratik WorldCom’s Background • Awoke the sleeping giant by leading the telecom industry into profitability in the 90’s. • During the 1990’s‚ WorldCom was deeply involved in acquisitions and completed several “mega-deals” • Purchased over 60 firms in 2nd half of the 90’s • WorldCom moved into Internet and data traffic • Handled 50% of US Internet traffic • Handled 50% of e-mails worldwide WorldCom’s Background (cont.) • Purchased MCI for
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Competitive Analysis Blockbuster Inc. and Movie Gallery are currently the two strongest competitors in the market‚ and therefore pose the biggest threats to Netflix. Amazon‚ Intelliflicks‚ and Cleanfilms are all present in the market‚ but don’t possess enough force at this time to be considered a threat to Netflix. Blockbuster As of right now‚ Blockbuster is the biggest competitive threat to Netflix. Blockbuster was incorporated in 1989 in Delaware and is a major renter of home videocassettes
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advancements as these may allow individual companies to increase profit (such as Microsoft or Intel) which generally raises the prosperity of the market. Also all trading is done electronically through mediums known as TD AmeriTrade‚ E*TRADE‚ Scottrade‚ and NASDAQ. 12) kinship system: Related primarily due to the fact that many of the people in the same company are coworkers. Corporate Mergers then unite different firms of the same category together. 13) Marriage type: Endogamy-companies usually merge with
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Libya is considered the eighteenth largest oil exporter holding around 46.4 billion barrels of oil reserves. Even though Libya exports mostly in Europe‚ there is a certain percentage that comes to the United States and certainly its political and economic situation affect the prices of oil and the U.S stock market as well. The latest situation in Egypt and other Middle East countries where anti-government protestors demanded that longtime dictators resign their positions have encouraged Libya to
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Bernie Madoff’s $50 Billion Ponzi Scheme Who is Bernie Madoff The Madoff investment scandal is the Ponzi scheme that former NASDAQ chairman Bernard Madoff confessed to in 2008. On March 12‚ 2009‚ Madoff pled guilty to 11 federal crimes and admitted to operating what has been called the largest investor fraud ever committed by an individual. On June 29‚ 2009‚ he was sentenced to 150 years in prison with restitution of $170 billion. According to the original federal charges‚ Madoff said that his
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Stock Report The five companies that I chose to do my stock quotes on are: AT&T Inc.‚ Gold Fields Limited‚ Kroger Co.‚ which are on the New York Stock Exchange‚ Sirius Satellite Radio Inc. and Yahoo Inc. which are on the NASDAQ. AT&T Inc. is a fortune 50 company that provides local exchange services‚ wireless communications‚ long-distance services‚ data/broadband and Internet services‚ telecommunications equipment‚ managed networking‚ wholesale transport services‚ and directory advertising
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liked among his colleagues and employers. Madoffs work eventually payed off as he used computer technology to develop stock quotes and developed the National Association of Securities Dealers Automatic Quotations. Madoff became the president of the NASDAQ and served on the board of the stock exchange. Madoff in the
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Hopes and Dreams My highest career aspiration is to ring the opening bell at the NASDAQ as my company celebrates the successful completion of its initial public opening. My study in businesses has influenced heavily in what I dream to do‚ it has prepared me for the necessary obstacles that I will have to overcome to reach my end goal. My dream is to own a Advertising agency that works with top corporations all over the world‚ to become a master in consumer perception and marketing manipulation
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