Written Report Case: The Collapse of Barings Derivatives & Risk Control The Collapse of Barings: The Events and The Aftermath Group Write-up Written Report Case: The Collapse of Barings Executive 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
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points that the youths must follow; which may help to control the corruption. 1. Refuse to pay bribes and/or report requests for bribes from public officials; 2. Send articles on corruption to the media or start a newsletter by youth; 3. Bring the concept of social hates to the corrupted people in society. 4. Form anti-corruption clubs in schools/colleges that organize social events‚ stimulate group discussions‚ request that courses on anti-corruption‚ good governance and ethics be included
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The Fine Line between Police Discretion and Corruption Abstract In today’s law enforcement agencies there is a fine line between discretion and corruption. Imagine that you are a police officer‚ you pull over a car that you suspect is driven by someone who has had too much to drink. Upon reaching the window you find that it’s an old friend from school. Do you take him to jail or do you take him home? Police officers have the power to make this decision. In the world of the officer this could
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CHAPTER ONE 1.1 INTRODUCTION The British colonialists started the Nigeria public service‚ which later developed in the modern of the British civil service with its doctrine. The design of the civil service was not to work for the Interest of Nigeria and its people but to serve the British colonial interest. It was difficult after independent for the service to evolve good plans for the development of the country. A civil service whose characteristics continued with Max Webber’s ideal type of bureaucracy
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Tan Tay Keong Corruption Control in Singapore During the country’s formative years in the 1950s and 1960s‚ corruption was rampant in Singapore. Syndicated corruption was rampant among police officers‚ public health inspectors‚ customs officials‚ and school administrators. Corruption was a way of life in the city during the British colonial rule and the Japanese occupation. In his Annual Report in 1950‚ the Commissioner of Police revealed a worsening of the corruption problem in the post-war
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For the Running Header: THE SLIPPERY SLOPE TO CORRUPTION The Slippery Slope to Corruption and the Public Corruption of Police Officers Ricky A Price‚ Col. U.S.A.F. (Ret) Kaplan University Online CJ340-02: Applied Criminal Justice Ethics Professor Kevin Stoehr 10 July 2012 The law enforcement agent‚ that represents government‚ bears the heavy responsibility of maintaining‚ in his own conduct and the honor and integrity of all government institutions. He‚ consequently‚ shall guard against
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February 20th‚ 1959 when Canadian Prime Minister ordered the cancellation of the production of the CF-105 (official name of the avro arrow). The CF-105 was originally designed as a long-range interceptor‚ meant to meet and destroy Soviet bombers. The hypersonic fighter was on the cutting edge of aerospace technology at the time: it could reach a speed nearly three times the speed of sound‚ travelling at an altitude of 60‚000 feet. The rollout of the first CF-105‚ marked as RL201‚ took place on 4
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pre-historic times. With time‚ these groups have evolved to become organized and civilized societies and have adopted different norms‚ cultures and trends that distinguish them from the other societies. But the process of evolution did not stop and continues till date‚ leading to the formation of the modern society by putting the traditional society behind the scene. The question of preferring the modern society over traditional one or vice-versa is a highly debatable issue and cannot be adequately
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Definition and Measurement of Corruption Essay in the course: “Governance‚ Institutions and Corruption” University of Macedonia‚ Thessaloniki Fall 2014/2015 Robin Kremer Matthias Schipp Table of contents 1. Introduction 2. Main part 2.1. Definition 2.1.1. Problematic of definiton 2.1.2. Criteria of differentation 2.1.3. Approaches 2.2. Measurement 2.2.1. Implications of definition for measurement 2.2.2. Methodology of measurement and problems 2.2.3. Data acquisition 2.2.4. Data analysis using indexes
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All humans strive to appear as if they are the best people on the exterior for social gain. The conscience may be an entirely different story - a trainwreck- that doubts motives and actions. Reputation is a prime factor that drives the community of Arthur Miller’s The Crucible to the hangings of various innocent people. Reverend Parris highly regards his reputation more than standing up to a corrupt authority. Judge Danforth wrongly condemns and hangs townspeople‚ yet refuses to admit his faults
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