questionable on multiple grounds‚ when Gordon Gekko uttered these infamous words he accurately explained the rationale behind many financial‚ or more specifically‚ Wall Street decisions. Greed ensures that the course of action is only determined by the resulting monetary wealth‚ not by other factors such as societal and legal effects. Wall Street follows the quick rise of a young low level account representative‚ Bud Fox. Eager to make his riches and gain notoriety‚ Fox persistently solicits his services
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WSBl Summary Cliff Addis‚ the best bond salesperson on Wall Street who has never failed‚ persuaded his best customer‚ Louise Patterson‚ to buy the bonds of the company whose value diminished by 3% 2 days later. Trying to becalm Louise‚ Cliff lied saying that the bonds would turn round and he would gain profit. When Cliff came home‚ he read in a newspaper that the Wisconsin Credit bank is close to bankruptcy‚ but he perceived this message as “a golden investment opportunity”. Problem Mr.Addis
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McGraw-Hill Wall Street Survivor Stock Portfolio Project (Note to Instructors) Introduction Your McGraw-Hill textbook gives your students the opportunity to participate in the McGraw-Hill/Stock-Trak Wall Street Survivor simulation for FREE. The simulation can be accessed by first creating an account at: http://www.wallstreetsurvivor.com/Public/Members/McGraw.aspx?p=MGH_InvestmentTrader_Business. A screenshot of the registration page is shown below. The signup process is straightforward and the
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"Black Wall Street" was the name given to Greenwood Avenue of North Tulsa‚ Oklahoma during the early 1900’s. Because of strict segregation‚ Blacks were only allowed to shop‚ spend‚ and live in a 35 square block area called the Greenwood district. The "circulation of Black dollars" only in the Black community produced a tremendously prosperous Black business district that was admired and envied by the whole country. Oklahoma’s first African-American settlers were Indian slaves of the so-called "Five
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The Movement and Madness of Occupy Wall Street On September 11‚ 2011‚ protestors camped out in Zuccotti Park‚ and shouted a message in order to get a message across to the government. Their agenda was comprised of several issues affecting most of today’s society; end social and economic inequality‚ end corporate greed and stop corporate corruption. They shouted a message which became the main slogan for Occupy Wall Street (OWS) Movement‚ “We are the 99%”. Their intention was to protest and shed
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Occupy Wall Street Movement Sherron. L. Moore Professor Diane McGeehan Business Ethics February 2‚ 2013 Occupy Wall Street is a movement that started in New York in 2011. The movement was started as a means to rise up against political and economic corruption and injustices. There slogan “We are the 99%” refers to how the rich are the 1% and everyone else is paying the price for the mistakes and selfishness of the 1%. Some of the moral and economic implications are fairness‚ care
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Occupy Wall Street Emmanual D Tomes Strayer University Business Ethics BUS 309 Dr. Adrienne Garabedian February 03‚ 2013 1) Discuss the moral and economic implications involved in the movement: After the sub-prime crisis had ended and its harsh realities began to come up on the face of financial services‚ firms such as Goldman Sachs and Credit Suisse requested government bailouts which were financed by the taxpayers’ money. From this‚ outrage ensued and to retaliate‚ people began what
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Question 1 1 out of 1 points | | | A finance manager who reads the Wall Street Journal on a regular basis would be performing which role?Answer | | | | | Selected Answer: | b. monitor | Answer Feedback: | One of the responsibilities of a finance manager would be to keep track or monitor important events taking place in the business world. Reading the Wall Street Journal would be a good way to do this. After reading‚ the manager might disseminate some of the information he
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408002216 | Lessons from the Wall Street Crisis | Reasons for Risky Behavior of Financial Traders | | | 11/23/2012 | This paper seeks to assess the persistent risky behavior by financial traders and lessons from the Wall Street crisis. | Introduction The tropical storm began in 2007 when two hedge funds who invested in assets guaranteed by subprime loans needed to sell $3.8 billion of obligations. Within minutes one of the most important banks on Wall Street was forced to sell itself
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The wolf of Wall Street The background of the story The film is talking about Jordan Belfort (Leonard DiCaprio starred) ran a stock brokerage firm called Stratton Oakmont that defrauded investors in 90s‚ this is one of the most famous business fraud scandals in wall street and he is known as “Wolf of Wall Street”. The company running the business by buying penny stocks with some secrets accounts‚ they hired salesmen to do the cold calls and persuaded them to buy their stocks that could make many
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