Summary Analysis of Governmental Policy (MPA 2012) http://books.google.nl/books?id=LL1M4lOzXtwC&pg=PA186&lpg=PA186&dq=making+health+policy+ward&source=bl&ots=AyrKOUd3VD&sig=QQ5vMEdhJI_sWJ51vijvS6RhU4E&hl=nl&sa=X&ei=dZV2UPOwD8fK0QWS_4GYAQ&ved=0CCgQ6AEwAA#v=onepage&q&f=false Chapter 1 The health policy framework Health policy and other policies (economical‚ political) have an impact on health. Policies are made by policy makers/policy elite in the private sector (non-governmental) and in the public
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Barings Bank & the “Rogue Trader” Founded in 1762‚ Barings Bank (previously known as Baring Brothers & Co.) was the oldest merchant banking company in England. Barings collapsed on February 26‚ 1995 as the result of the activities of one of its traders‚ Nick Leeson‚ who lost $1.4 billion by investing in the Singapore International Monetary Exchange (SIMEX) with primarily derivative securities. This was actually the second time the bank had been faced with bankruptcy. Following the collapse‚ Barings
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My Diary June 15th‚ 1805 I have learnt a French song today. I have found singing is a great way to be entertained and escape reality while traveling the long tedious roads of our journey. With over two months left of our trading trip I already miss my family tremendously. I asked the other members how they cope with missing their families. They simply said: "You’ll get used to it. Just make yourself really busy everyday and you won’t even have time to think about them." I am not confident I will
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The crackdown by ASIC on rogue Financial Advisors over the past 15 years‚ has improved customer confidence when seeking advice regarding their retirement financial needs. Do you agree? The Australian Securities and Investment Commission (ASIC) are known to register businesses and organisations in order to manage and investment schemes. In today’s society they also make rules to ensure there is honesty in the financial markets. These schemes and rules have come into place over the past fifteen
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Leading up to the Russian Revolution in 1905‚ there were a series of decisions and accidents‚ signs of discontentment amongst the poor and also a tension increase between Russia and Japan. It was ultimately these problems which lead to the Revolution and the end of Tsar Nicolas II’s regime. But why did this political opposition grow towards Nicolas II? In 1985‚ Russia had persuaded Japan to give up Port Arthur and the Liaotung Peninsula to her. There were agreements that followed with China which
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Rogue Trader‚ Nicholas Leeson Case 1) What was Nick Leeson’s strategy to earn trading profits on derivatives? Leeson was trading derivatives contracts on the two exchanges that were‚ in some cases‚ of different types and‚ in some cases‚ in mismatched amounts. He was hoping making profits by selling put and call options on the same underlying financial instrument‚ the Nikkei 225 Index. 2) What went wrong that caused his strategy to fail? He thought as the Nikkei was already low that
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Nick Leeson ’s Double Life In 1999‚ director/screenwriter James Drearden released the movie Rogue Trader‚ which encapsulates the true life of futures trader Nick Leeson and his role in the downfall of Barings Bank. Ewan McGregor stars at Nick Leeson‚ an ambitious young British stock trader while Anna Friel plays his wife Lisa. Drearden ’s focus is on Leeson ’s activities at the Singapore Stock Exchange but he also constructs a love story subplot that adds little to the central plot. Critics of
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provide a few teaching points. Nick Leeson seemed to have all the characteristics of an overconfident trader. As described in the chapter‚ excessive trading‚ lack of diversification‚ and too much risk were obviously present. Self-attribution bias seemed to play a major role. One commentator notes that Leeson “got overconfident after initial trades were successful [and] when he started to lose money‚ got way too aggressive trying to make it up.” When Leeson was asked about his actions‚ he explained
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Summary Barings Bank after two centuries of successful operations became a victim of a rogue trader. US$1.3 billion in losses outweighed bank’s own capital of US$850 million. Management negligence‚ lack of internal controls‚ poor risk management and excessive risk-taking strategy brought the bank to its ultimate collapse in Feb 1994. Throughout his tenure from 1992 to early 1995‚ the star-trader-turnedrogue‚ Nick Leeson‚ was consistently misleading the senior management to believe that his entire strategy
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4:18ff). Following Christ’s example‚ the church wants to be present among the impoverished of our society‚ empowering them so that they are able to come out of that situation. This pastoral need has lead the church to have initiatives such as the St. Nicholas Community Development Centre (NCDC)-Karen‚ Boma Rescue Centre in Kariobangi and Jehova Jaire Children Centre in Mihang’o- Kayole which are the point of focus in this paper with the aim of identifying the role of the church in pastoral care and counselling
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