money were supposed to be safe and low risk‚ which would also keep it in compliance with the standards set by JP Morgan Chase. Unfortunately‚ the transactions made in this area of the company were known as the Synthetic Credit Portfolio. This portfolio was a high risk portfolio that would either generate a large amount of profits or create massive losses overall. As a result‚ JP Morgan Chase had to face and handle the situation with massive losses. The losses were hidden by wire fraud‚ false Security
Premium Enron Fraud Corporate governance
slave owning property‚ of property owning property‚ quickly became rejected as plausible. Afterall‚ slaves were constantly “working from sunup to sundown” (234) and lacked the funds and skills necessary to acquire property. However‚ author Philip D. Morgan dismisses this stereotypical outlook on a supposed ignorant slave society and instead argues that slaves under
Premium Black people Slavery Slavery in the United States
Volleyball History In 1895‚ William G Morgan‚ a physical education director at the Holyoke‚ Massachusettes YMCA‚ created a game called Mintonette‚ as a low contact indoor sport. After observing the first game‚ Alfred Halstead‚ renamed the game Volleyball due to the volleying nature of the game. Numerous other variations of Volleyball have developed such as Beach Volleyball‚ Footvolley‚ Hooverball‚ and Newcomb. Both Men’s and Women’s Leagues are popular‚ and there are many clubs and tournaments throughout
Premium Volleyball
Kinder Morgan - MBO Richard Kinder and Bill Morgan purchased a master limited partnership pipeline company from Enron for $40 million in 1997‚ founding Kinder Morgan‚ Inc. (KMI) 1. The primary benefit of an MLP comes in the form of tax savings. While shareholders in a corporation face double taxation‚ owners of a partnership are taxed only once (when receiving distributions). Corporate income tax does not exist in the partnership. When cash distributions to MLP owners exceed
Premium Types of business entity Limited partnership Stock
Case 6-3 Question 1: Westwood’s Gross Margin Percentage is calculated as (sales less cost of goods sold) as a percentage of net sales revenue. For Westwood it’s calculated as follows based on the financial statements (all in millions of dollars): 2010 Gross Margin: (2000-1100) = 900 2010 Sales Revenue = 2000 2010 Gross Margin Percentage = 45% 2009 Gross Margin: (1500 – 800) = 700 2009 Sales Revenue = 1500 2009 Gross Margin Percentage = 46.7% Westwood’s Pre-Tax Return on Sales
Premium Revenue Generally Accepted Accounting Principles Balance sheet
Female Bodies” written by Jennifer Morgan she argues that the european version of beauty and the social creation of racism led to Africans being viewed as animals and were therefore treated as so. This is exemplified when Ligon a european traveler said‚ “their breasts hang down below their Navels‚ so that when they stoop at their common work of weeding‚ they hang almost to the ground‚ that at a distance you would think they had six legs.” This was followed by Morgan stating that‚ “ for Ligon‚ their
Premium Africa Caribbean Atlantic slave trade
themselves and willing to help anyone in need. Country artist Craig Morgan deserves to have this award‚ because of his outstanding foundations of fostering children in need. Craig Morgan is deserving of the humanitarian award because of his caring and kind efforts to help every child he can. Craig Morgan is a country singer‚ he’s been in the singing industry since 2000‚ Morgan has four children but also fosters children as well. Morgan lost his 19 year old son in a tubing accident July 16th and even
Premium Family Mother Father
LAUGHTERﾧ This article is from the WebMD Feature Archiveﾧ Why We Laugh WebMD Feature by R. Morgan Griffinﾧ Whether it’s the giggling of your child or the enthusiastic hollers of a talk show’s studio audience‚ we hear laughter every day. Nothing could be more common. But just because it’s common doesn’t make laughter any less strange. Why Do We laugh? The answer may seem obvious: We laugh when we perceive something funny. But the obvious answer is not correct‚ at least most of the time. "Most laughter
Premium Laughter Comedy Humour
Andrew Carnegie was a very successful businessman. He was an idealist and one of the most important philanthropists of his time. He started Pittsburg’s Carnegie Steel Company‚ which he later joined with Elhert H. Gary’s federal steel company and several smaller companies to create U.S. Steel. The wealth from his success abled him to build foundations and institutions like Carnegie Hall. After his huge role in the steel business he spent most of the rest of his life as a philanthropist. In today’s
Premium Andrew Carnegie John D. Rockefeller Steel
Morgan’s American Freedom American Slavery documents the early and late beginnings of Virginia‚ and the factors that both hindered and encouraged the growth of the colony. It chronicles the most difficult and almost impossible survival of the first colony. The Trouble with Tobacco‚ Chapter 9‚ addresses exactly that the trouble with tobacco. In 1644 for the first time since its founding the colony was able to sustain a population that was not only healthy but was far out living their predecessors;
Premium Slavery Slavery in the United States Bankruptcy in the United States