VaR‚ Stressed VaR‚ and Expected Shortfall Jim Chen* This note summarizes the measurement of market risk in the trading book under the most recent accords of the Basel Committee on Banking Regulation‚ known as Basel II‚ 2.5‚ and III. Each of these three accords on global banking regulation has embraced a different primary measure of market risk: traditional value-at-risk (VaR)‚ stressed VaR‚ and expected shortfall. After introducing the mathematics of VaR and expected shortfall‚ this note will
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interesting in Justice 251 this semester is the trait theories. The glossary in our textbook describes trait theory as “The view that criminality is a product of abnormal biological and/or psychological traits” (Siegel 564). I found this theory to be very interesting because it talks about all of these factors that could increase the likelihood of someone becoming a criminal. When looking at this this theory it suggests that maybe the driving factor in someone making them do criminal activities is
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Criminal Justice is a society’s response to crime. - understanding the offenders. - preventing the crime from happening. Elements in Criminal Justice - maintaining order in society. - providing community services (example: police responsibilities into the educational setting:officers giving speeches at school to raise awareness) Who plays the key role in Criminal Justice? police‚ legal system‚ correctional agencies‚ members of the community(co-producer of criminal justice) The study
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A Diamond Personality-Criminal Justice Case Study The individual assignment is to read the Case Study‚ A Diamond Personality‚ and answer the four discussion questions that follow the Case Study. The subject of this personality case study is Oscar Rodriguez. Rodriguez is a 38-year-old entrepreneur who owns an Internet business that sells loose diamonds to various buyers. This paper will summarize the case study and then conclude by answering the personality questions. When Rodriguez moved
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Learning Theories‚ Practical application in Criminal Justice High tech offenders can come in all different shapes and sizes‚ as well as flavors. You can have the guy who works as an accountant for a multi international corporation‚ that’s quietly syphoning money from various accounts into his own offshore retirement fund account. How about the local DMV employee Trish who’s submitting falsified information to get ID’s for various amounts of cash. For minors‚ illegal aliens‚ or say that Russian
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STARBUCKS STRATEGIES FOR THE NEXT 10 YEARS Strategies can be divided into two categories in management‚ short term and long term. However what are strategies? The concept of strategy has been borrowed from the military and adapted for use in business. A review of what noted writers about business strategy have to say suggests that adopting the concept was easy because the adaptation required has been modest. In business‚ as in the military‚ strategy bridges the gap between policy and tactics
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Abstract: It’s argued that the greatest challenge facing human resource managers in Viet Nam in the next 5 years will be to attract and retain the quality staff for their organization. I agree with statement because at present Vietnam has to meet the risk of skilled labor shortage although we have abundant labor force. The rate of quality employees is very rarely. So‚ how can we improve the imbalance of workforce? It’s clear that company must attract and retain the quality staff in their company
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The juvenile justice system was founded on the concept of rehabilitation through individualized justice Early in U.S. history‚ children who broke the law were treated the same as adult criminals Throughout the late 18th century‚ "infants" below the age of reason (traditionally age 7) were presumed to be incapable of criminal intent and were‚ therefore‚ exempt from prosecution and punishment. Children as young as 7‚ however‚ could stand trial in criminal court for offenses committed and‚ if found
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Course Syllabus College of Criminal Justice and Security CJA/394 Contemporary Issues and Futures in Criminal Justice Copyright © 2010 by University of Phoenix. All rights reserved. Course Description This course examines both the principle issues in contemporary criminal justice as well as the extrapolation of such issues toward possible futures within the criminal justice field. Students will focus upon relevant research in policing‚ courts‚ and corrections
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The concept of criminal trials within the English criminal justice system originates from the 12th century. The development of English common law established by King Henry II and culminated with the Constitutional signing of the Magna Carta 1215. Chapter thirty nine stipulates that no man shall be imprisoned without lawful judgement of his peers. This essay will begin with a quote by Lord Devlin in 1956. “The lamp which shows that freedom lives” and ““Each jury is a little parliament”. Trial by
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