I had a sweetly amusing experience recently while listening to an FM radio station on my way back home. A caller‚ probably a boy in his late teenage‚ was narrating how excitedly he was awaiting the coming of 14 April‚ i.e. the Pahela Baishakh. The reason was‚ this would be the first ever Pahela Baishakh celebration in Bangladesh as he had been born and brought up in a foreign land. I was touched by the passionate fervour of his voice that was more like the ecstatic impatience of a lover waiting for
Premium Nationalism Bengali language Bangladesh
The crisis situation chosen for the assignment is about the Knight Capital Group’s trading issue in the third quarter of 2012‚ which wiped off over 75% of Knights’ market capitalization. Knight Capital Group‚ is a global financial services that provides market making‚ electronic execution‚ and institutional sales and trading for its clients. At its peak‚ the firm’s high-frequency trading algorithms accounted for almost 20% of all U.S. equities‚ with a market share of 17.3% on NYSE and 16.9% on
Premium Stock market International trade Trade
Chapter 3 continued... Every acct on adj trial bal is used only once in creating first 3 financial stmts. Point of closing is to bring RE up to date - in doing that‚ we zero out temp accts. 4 kinds of closing entries: 1) close out Revenue - debit Rev CR Income Summ (normal credit bal) (only exists long enough for closing entries) - companies may be closing hundreds of rev or exp accts 2) close out Expense accts - list every single acct DR Income Summ CR Exp accts 3) DR Income Summ
Premium Revenue Generally Accepted Accounting Principles Income
Comparison and Contrast2 Westside Story vs. The Warriors In this paper I discuss similarities between Westside Story and The Warriors as well as differences. I will bring to life both movies to my audience and make value judgments about what make one better than the other. Westside Story is a ten time Oscar Award winning musical classic said to be adapted from the romantic tragedy‚ Romeo and Juliet. The movie was produced in the 1960’s when it was forbidden for women to be in gangs or even
Premium New York City Los Angeles Gang
which was only available from 3 am to 3 pm the next day. For others who could afford their own trishaw‚ the working hours were more flexible. trishaws ensured the survival of “informal sector businesses” such as hawkers‚ street peddlers and petty traders by ferrying goods for them.20 Trishaws also played a crucial role in sustaining socially illicit activities like gambling and prostitution by ferrying patrons into the back alleys of shop houses where such activities took place. Trishaw riders have
Premium Rickshaw Bicycle Taxi Driver
2.4 Galileo Galilei: Sixteenth-Century “New Scientist” 1. In your own words explain why Albert Einstein considered Galileo to be the “father of modern science” Albert Einstein considered Galileo to be the father of modern science because of how many of Galileo’s discoveries have become the basis of today’s science. 2. Why did Galileo choose to use a ramp to perform his acceleration experiment? Technology during Galileo’s time was still quite primitive. His experiment which required him to drop
Premium Electric charge Nikola Tesla Isaac Newton
Cambio de armas The theme in which is constantly shown throughout the novel is the concept of self identity. Identity is a state of mind in which one identifies his or her character traits in addition to one’s idea of being. Identity indicates one’s mental‚ emotional and physical image of which they depict themselves to be. It also refers to the construction of individual and society’s characteristics by which we are symbolized and recognized as to who we are. The concept of self identity is used
Premium Identity Self-concept Personality psychology
physical environment can be shown in a number of ways. First‚ vagabonds‚ rogues and other criminals were transformed into become solid citizens. Second‚ the adaptation of farmers in the South and how they transformed their social and physical environment with the purchase of slaves. Finally‚ the religious boom of the Great Awakening and how it transformed many people social and physical environment. The criminals‚ rogues‚ and vagabonds that were all shipped across the Atlantic as indentured
Premium Social class Slavery Sociology
Introduction Kaplan and Mikes use the Deepwater Horizon oil rig explosion as a prime example of the shortcomings of traditional risk management. An over-reliance on rules based risk management can lead to a culture of comfort and over-confidence when it comes to risk. This rules based approach is also just not sufficient or appropriate for measuring and preparing for all types of risk. A different approach‚ encouraging debate and challenge is required. Explain the risk management framework outlined
Premium Risk management Risk management Operational risk
Definition of Value at Risk (VaR) Value at risk is a statistical technique which measures the level of financial risk in a portfolio over a specific time frame. For example‚ if a firm states that it has a 1% one week value at risk of $5 million; this would mean that for any given week‚ the firm would have a 1% chance of losing $5 million. In order words‚ 1 out of every 100 weeks‚ the firm would expect to have a loss of $5 million. This can be viewed as the standard deviation of portfolio value
Premium Risk Risk management Normal distribution