Recap 02 — The Importance of Capital and the Basel Accord Transformation and Risk According to Paul McCulley: [T]he essence of banking is maturity‚ liquidity and quality transformation: holding assets that are longer‚ less liquid and of lower quality than the funding liabilities. Transformation is where banks make their money‚ and transformation entails risk. Thus the tension that underlies international banking: The banks are trying to ramp up risk in order to make more money‚ while the regulators
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BRIDGE CROSSINGS WITH DUCTILE IRON PIPE ® BRIDGE CROSSINGS WITH DUCTILE IRON PIPE Introduction The Ductile Iron Pipe Research Association (DIPRA) periodically receives requests from engineers and contractors concerning recommendations on the design and/or installation of pipelines spanning waterways‚ highways‚ and railroads. Because the variables involved in such installations present numerous alternatives and challenges for designers and contractors‚ DIPRA does not provide recommendations
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Ethical Dilemma Case LDR 301 December 8‚ 2011 Ethical Dilemma Case An ethical dilemma can be considered as an issue or situation between two or more people where morals are questioned or underestimated. Ethical dilemmas could also be a situation where a person feels as though they are being used in a way to benefit the other person. Everyone has a sense of what is right and what is wrong. In that same sense‚ people have the choice to make the right decision or go with the
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CASE ANALYSIS: Should we go beyond the law I. Ethical dilemma • Nathan Rosillo is faced with an ethical dilemma. It seems that the river is the company’s least concern in its effort to make profit again. Here are the following issues that need to be addressed in this ethical problem: o First and foremost‚ standards from regulatory agency were loosened in such a way that wastes can now be directly dumped into Dutch Valle River. Nathan‚ finds dumping of waste
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The institutionalization of business ethics: ethical dilemma case Laws and regulations are established by governments to set minimum standards for responsible behavior-society’s codification of what is right and wrong. The issues surrounding the impact of competition on business’s social responsibility arise from the rivalry among businesses for customers and profits. Intense competition sometimes makes managers feel that their company’s very survival is threatened. In these situations‚ managers
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competence in the profession. In this case Ryan is facing a moral/ethical decision. He has to decide whether Akai should remain in the care of his parents or be taken away by Children Protection Services. Ryan had referred the parent to child services previous. This is a decision which he used his own judgement to do. He believed that Akai was in danger due to the bruises and his discussion with Akai. He tried to contact Akai’s parents but this fail. He was faced in a dilemma and decided that it was best
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ETHICS CASE Dilemma of an Accountant In 1976 Senator Lee Metcalf (D-Mont.) released a report on the public accounting industry which rocked the profession. Despite a decade of revisions in rules and regulations (variously established by the Securities and Exchange Commission‚ Accounting Principles Board‚ and Financial Accounting Standards Board)‚ public accounting firms were still perceived by many on Capitol Hill as biased in favor of their clients‚ incapable of or unwilling to police
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Executive Summary Roger’s dilemma BACKGROUND Roger McDaniels joined Solodor Pharmaceuticals (SP) as the Chief Financial Officer (CFO). The company has developed a new drug called Celenza to fight severe leukemia. If Celenza was a success‚ Roger would not only be handsomely rewarded‚ as his compensation package provided him with numerous stock options‚ but he would also be proud to be part in such medical achievement. Upon starting his job‚ Roger quickly realized that‚ due to severe cash flow
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makes addiction irrelevant. If such treatment hastens the death of the patient‚ but this was an unintended consequence of the intent to relieve suffering‚ then the act may be morally permissible (Jochemsen‚ 1996). This principle applies to the case of Mr. M. As stated earlier‚ neither the patient nor his physicians intended his death. They did‚ however‚ intend to relieve him from a burdensome and futile treatment; his death was an unintended consequence. According to the principle of double effect
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IT424 – Networks 2 Tutorial_1 (recap on networks 1 module) 1. Give two advantages and two disadvantages for using a layered architecture. 2. Why is a modem needed for data communications over the telephone system? 3. What is the principal difference between connectionless communication and connection-oriented communication? 4. What are the main functions of the network layer? 5. What are the main functions of the Data Link Layer? 6. Using a graph‚ explain the difference
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