A Collateralized Debt Obligation or CDO is (according to The Big Short) a lumping together of many different loans into one big loan. And the market crashed in 2008 primarily because many of these CDOs were full of loans that should have been rated poorly‚ but due to a combination of greed‚ stupidity‚ and fear‚ the CDOs were rated at the highest possible rating‚ a AAA. Think of The Big Short as a CDO. It is a mixture of ideas from lots of better movies‚ all lumped together‚ and it desperately wants
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A professional association (also called a professional body‚ professional organization‚ or professional society) is usually a nonprofit organization seeking to further a particular profession‚ the interests of individuals engaged in that profession‚ and the public interest. The roles of these professional associations have been variously defined: "A group of people in a learned occupation who are entrusted with maintaining control or oversight of the legitimate practice of the occupation;” also
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1. 공학도가 지켜야 할 전문가적 책임과 관련된 사례를 1가 이상 찾아보고‚ 2. 사례에 있어서 엔지너의 전문가적 책임 및 의사결정 요인이 어떻게 작용하였는지 사건 흐름도 형태로 작성핼 것. Engineering can be defined as a kind of professional art where science is applied to optimum conversion of resources of nature in order to benefit mankind. Thus‚ a professional engineer is competent by virtue of his fundamental education and training in the application of scientific method and outlook to the analysis and solution of engineering problems. An engineer’s responsibilities
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worry about. You can then take those moments to catch your breath and relax while someone else‚ a professional no less‚ brings out the beauty of your face. You won’t have the concerns of “By the time I arrive at my Melbourne wedding reception‚ my make-up will have faded away.” Another plus is that the make-up artist will come to where you are; you don’t have to go to them. Keep in mind professional makeup artists knows what they are doing. They will know what looks best on you. They will be able
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teachers work within professional boundaries and how to work with other professionals who support learners (Part 2) It is important to maintain professional boundaries by knowing where your role as a teacher or trainer stops. Knowing your limits‚ which may be set out by school/college policies‚ as well as government legislation will assist you within your role as a teacher/trainer. Boundaries can usually be defined into Teacher-Learner and as well as working with other professionals. A Teacher must
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Professional Identity: The Professional Counselor Professional identity in the field of counseling or care services is an important topic to define and delve into. Individuals progressing in the knowledge needed for professional counseling often start off with a predesigned personal worldview. Koltko-Rivera (2004) defines a worldview as “a set of assumptions about physical and social reality that may have powerful effects on cognition and behavior” (p. 3). Personal worldviews can bring forth dilemmas
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was previously done. In 2003‚ according to a letter addressed to all ministries signed by the then Secretary for Public Service Commission Mr. R. Ndukuhla the results of the job evaluation exercise were to be implemented. After the exercise‚ a professional qualification was now a prerequisite either for employment‚ re-grading or promotion purposes in the public service. However‚ professionalization of registry grade was not done until after several complains were received according to a write
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Jeremy Reuben Tang Choon Yang U1480059A SS1003 Assignment 1 Topic: Are professional athletes overpaid? Introduction There has been an incessant debate about whether professional athletes genuinely deserve the extravagant salaries that are transacted to their bank accounts throughout the lifespan of their contracts. Professional athletes are physically gifted human beings who excel at a certain sport and receive an income through their hard work and determination. These individuals are the cream
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Date approved Version Approved By Date in force Date of Next Review To be confirmed 17 July 2012 2.0 Ruth Graham 17 July 2012 Custodian title & e-mail address: Responsible Business Group: Distribution: ruth.graham@acs.org.au Professional Standards‚ Learning & Development General (no restriction on distribution) Content Security: Unclassified Australian Computer Society | ACS Code of Ethics Case Studies & Related Clauses to the Code of Conduct | July 2012 Page 2
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Paycheck. Money. Big houses. Expensive cars. Professional athletes get paid a lot of money for their work‚ so much that they can buy the most expensive cars‚ houses‚ and other items too. For example‚"...Steelers wideout Antonio Brown busted out a custom Rolls-Royce…”(Brinston). While some people may disagree‚ professional athletes are overpaid because they make a lot more money than the people who risk their lives every day for our country‚ also they only work until their 30’s or 40’s‚ and they only
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