unethical behavior. I think the idea of the loan isn’t unethical in itself‚ but the way it was packaged. If you take away the fraudulent behavior‚ the idea of a subprime mortgage isn’t too corrupt. Subprime borrowers generally have bad credit (under 620) or no credit history‚ low income‚ maxed out credit cards‚ poor debt-to-income ratio‚ et cetera. Handing out subprime loans gives opportunity for lower-income households to raise their wealth and their credit score. But going from not being able to
Premium Personal finance Mortgage Subprime mortgage crisis
One of the tools that are extremely hard to implement in essays but are often useful in poems are paradoxes. For example‚ Emily Dickinson’s poem “Much Madness Is Divinest Sense — (620)” welcomes her readers with a paradox “Madness is Divinest Sense‚” in which she claims that not all madness‚ but a lot of it‚ is “Divinest‚” or most rational. Dickinson argues that “Madness” as defined by the status quo is‚ most of the time‚ sane. Dickinson “To a discerning Eye.” She clarifies that people with good
Premium Poetry Literature Emily Dickinson
HANOI UNIVERSITY FACULTY OF MANAGEMENT AND TOURISM PRINCIPLE OF MARKETING MARKETING PLAN NOKIA LUMIA Tutorial: Tut 1 BA Group members: TABLE OF CONTENT I. Executive Summary II. Current Marketing Situation 1. Market Situation 2. Product Situation 3. Competitive Situation 4. Distribution Situation 5. Macro-environment Situation III. SWOT Analysis 1. Strengths 2. Weaknesses 3. Opportunities 4. Threats IV. Objectives
Premium Smartphone Mobile phone
The Importance of Information Systems in Business Jane Doe INF 220 Kimberly Smith March 5‚ 2012 As far back in my work career as I can remember I have utilized Information Systems (IS) to do my job‚ yet have always taken for granted their capabilities and purpose. They were simply systems that were in place when I got to the job and I learned how to use them to the best of my ability. But a well-developed and managed IS is often the backbone of a successful
Premium Management
Finance Financial advisors use price-earnings ratios and dividend yields to guide their investment recommendations. Statistics Slide 4 Statistical Methods St i i at st cal M et hods D escri i pt ve St i i at st cs Statistics Inf erent al i St i i at st cs Slide 5 What Is Statistics? I I Statistics is the science of data. It involves collecting‚ classifying‚ summarizing‚ organizing‚ analyzing‚ and interpreting numerical information. • Descriptive Statistics
Premium Statistics Data Scientific method
Conditions in Eastern Europe and the Soviet Union‚ however‚ changed rapidly. Gorbachev’s decision to loosen the Soviet yoke on the countries of Eastern Europe created an independent‚ democratic momentum that led to the collapse of the Berlin Wall in November 1989‚ and then the overthrow of Communist rule throughout Eastern Europe. While Bush supported these independence movements‚ U.S. policy was reactive. Bush chose to let events unfold organically‚ careful not to do anything to worsen Gorbachev’s
Premium Soviet Union Cold War Mikhail Gorbachev
1. Consider the role that A.Q. Khan played in the illicit nuclear trade. Would a modern terrorist group‚ such as ISIS‚ be able to obtain special nuclear materials in a similar fashion? The A.Q. Khan played a major role in the illicit nuclear trade business. In fact‚ Khan showed how successful terrorists could be if they played their cards correct. Despite being taken down‚ Khan’s business “roots” are still lingering out there. Khan’s major contribution to the networks was the “…release of designs
Premium Internet History of the Internet World Wide Web
exp t=0 = 2248.73 t=3 To find the effective rate earned we have to solve 600 = 208.65 (1 + i) −3 + 426.23 (1 + i) −5 + 2248.73 (1 + i) −8 Trying various values such as i = 0.1 and i = 0.2‚ we have LHS¡RHS. With i = 0.25‚ RHS=620 and with i = 0.26‚ RHS=596‚ so it is between 0.25 and 0.26 and closer to 0.26. Further investigation shows it is 0.258‚ i.e. 25.8% 4. Same exercise 1 5. We start with the present value 6 s 2 s ρ (s) exp − 0 5 0 δ (u) du ds = 1 s 12
Premium Harshad number Roman numerals Net present value
FBE 421 Prof. Briggs Problem Set #1 Please print out this document and clearly handwrite your answers to each of the questions below in the space provided. Show all your work accordingly. A. Calculate LTM (a) Revenue and (b) Net Income for Costco Wholesale (COST) using their latest financial statements as of 3Q2011. 77946+60737-53821=84‚862 MM Revenue 1303+984-871= 1‚416 MM Net-income B. Calculate Costco’s LTM (a) EBIT and (b) EBITDA. 2077+1677-1389=2‚365 MM EBIT (2077+795)+(1677+582)-(1389+549)=
Premium Generally Accepted Accounting Principles Stock market Balance sheet
INTRODUCTION Marketing includes research‚ targeting‚ communications (advertising and direct mail) and often public relations. Marketing is to sales as plowing is to planting for a farmer.In simple terms Marketing is the messages or actions that cause messages or actions.With the help of internet i.e.world wide web(www)‚the marketing department of various organization has a new trend or source through which marketing can be done.This new trend or source is known as Social media(social networking
Premium Social network service Facebook Internet