His changed reaction after the announcement that JPM has lost by betting on a thinly slice of derivatives markets. – Reasons for the loss – Was it reasonable loss or not? Body 1: Dimon’s depend Body2: – Hedging? Seems more like a prop trading (London Whale tally) Body3: -- violation of Volcker Rule‚ meaning that the bank loan was excessive Body4: other regulations were to blame. Conclusion Jp Morgan : recent $2 billion loss from its bad bet on a thinly traded slice of the derivatives
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“To Build a Fire” by Jack London is about a man’s ultimate struggle for survival in hypothermic conditions. Set in the Yukon‚ the man suffers many tribulations‚ including building an unsuccessful fire under a snow-ridden spruce tree‚ and using other botched forestry techniques that others would have avoided. The theme of this story is that advice should be taken from others who have experienced wisdom in drastic situations. At the beginning of the story‚ the narrator states that an old-timer from
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One of the best green structures in the world is the Crystal Palace located in Hyde Park‚ London. It is a very historical structure designed by an English gardener also an architect named Joseph Paxton. It is said to be an exhibition hall composed of huge glasses and metals which housed the Great Exhibition of 1851. Its design is based on multi-faced urban life and it has a crystal shape which represents challenges and complexities. Crystal palace has 2‚760m² (29‚709ft²) exhibition space at its center
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This essay attempts to compare‚ analyse and contrast two texts. Text A being an adaptation of a dairy entry of Samuel Pepys about the Great Fire of London in 1666‚ text B being a news article on a fire that devastated Tasmania a few year ago. Do the texts have similarities? Despite there being about a 300-year difference between the two articles written there are actually quite a few similarities. Firstly‚ both the texts are written in first person and in a personal way. They use the same pronouns
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In the short story ‚“To Build a Fire‚” by Jack London the main character “the man” was unable to stay alive in the wilderness because he was overconfident that he would stay alive‚ he did not take the advice from the old timer ‚and he did not stay calm. “ the man” was alone in the wilderness in a 50 degree below temperature and did not have any help except a husky. He thought that he could handle himself and eventually he freezes to death but the dog was alive. For the most part‚ “the man” was
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settings‚ plots‚ tones‚ themes‚ and moods. These things make a story. These are the things that impact how a character would act in the story. One short story where a character was impacted is in the short story “To Build a Fire”‚ written by Jack London. The setting of the story was set in the Klondike of the Yukon Territory of 1896. The day was cold and dark‚ the trail was mysterious‚ strange‚ and weird. This causes the Man in the story to face many problems. Settings of a story can impact a character
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The following events were previously recorded in a tale by Jack London called “To Build a Fire”. In that version you meet two characters‚ however there was at least one other who witnessed the events that day. From my perch I had a clear view of much of what transpired as the man and dog made their way through the snow and ice. As cold as it is there should be no animals out on the snow‚ most would have taken shelter and hunkered down in anticipation of the severe cold that was moving through
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"His Last Resort" In the short story "To Build a Fire‚" by Jack London‚ a newcomer crosses the treacherous Alaskan Yukon during the time of the gold rush‚ in a search to seek great fortune. Unfortunately‚ his failure to heed to the experienced old timer‚ as well his lack of knowledge resulted in him being unaware of the danger that faced him from within his surroundings. Thus‚ the theme of survival is conveyed through setting‚ sensory detail and characterization. Fifty degree below weather in
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Kelo v. City of New London In the case of Kelo v. City of New London‚ the United States Supreme Court issued a ruling that examined the power of the government in the exercise of the power of “eminent domain” (Scott 119). This power involves the authority of the government to take over the land from property owners forcefully. The guarantee to this power is enshrined in the Fifth Amendment of the United States Constitution‚ whereby the Federal‚ state or local representations of the government can
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Diary entry Lecture 1 The first lecture was a start to a large topic known as the imperial capital world city: London 1750-1914. As an introduction‚ the lecture started with a question as to what the British empire and what variables is affected its strength. The question directed acted as method of reviewing my own personal knowledge on the Empire‚ I needed to understand the aspects involved. The trading that occurred which to gave the empire new materials to support its military and riches to support
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