What went wrong at AIG? Despite US$110 billion in annual sales and assets in excess of US$1 trillion‚ on the 16th of September 2008‚ AIG accepted the Federal Reserve’s US$85 billion rescue package in order to prevent itself from facing a Chapter 11 filing. In exchange‚ AIG had given a 79.9% stake in the company to the government and also the right to suspend dividends previously issued to common stock and preferred equity. In all‚ US$184 billion in shareholder value was wiped out in less than a
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What Went Wrong at Mattel The toymaker is recalling more dangerous toys made in China. Its troubles may be a warning sign for other multinationals Elmo‚ Barbie‚ Big Bird‚ and Dora. They are some of the most familiar and best-loved children’s characters. Now they’re caught up in the global debate about the safety of Chinese-made products. Mattel (MAT)‚ the world’s largest toymaker‚ announced on Aug. 14 an expanded product recall‚ involving vehicles based on the hit movie Cars that had lead paint
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Introduction As is known to all‚ some managers have the ability to take advantage of fewer resources to produce more benefits‚ which confuses other managers. In order to figure out what sets the great managers stand out from the average ones‚ the journal article is written. In addition‚ this journal article provides the readers‚ especially managers with the meaningful knowledge on what great managers actually do‚ the advantages of their behavior and how they achieve that. In a word‚ the journal article
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In this chapter‚ “What To Do?”‚ Carl Hoffman visits a lot of places in India. In the starting of this chapter‚ he plans to visit Bihar. Bihar was the poorest state in India. Carl Hoffman decided to visit there after coming back Bangladesh. The man who was shocked when he saw that Carl Hoffman was talking bus to Patna‚ I was shocked to while reading it because I know the conditions of the bus while going to Patna was not good. I have never been on a bus in Patna‚ but I have heard a lot about it. The
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Organisational Development What are some of the issues that arise in an OD consultant-client relationship and how do you prevent and solve same. Claudine Benjamin UWI November‚ 2014 The consultant in the OD consultant-client relationship is expected to provide the client with professional expert advice in a specific field by assisting the organisation in an objective manner to identify‚ analyse and‚ upon request‚ assist in implementing solutions to specific problems. There have been several schools
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presidency. Lincoln was a great president who did what he thought was best during a critical time in the United States. Abraham Lincoln was the 16th president of the United States of America. He was also the president when the very foundation of the United States was in jeopardy. When he became president the nation was on the brink of falling apart. Lincoln had the task of uniting the country and even though his methods were questionable‚ they kept this country together. Lincoln made mistakes during
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Part I - 3 actions I believe to always be morally wrong: 1) Stealing 2) Adultery 3) Violence Part II - 3 actions I believe to always be morally right: 1) Loyalty 2) Equality 3) Compassion Part III - Explanation The three actions I consider to always be morally wrong are stealing‚ adultery and violence. Firstly‚ stealing is a form of hindering someone else’s well being and wealth fare. You may be stealing for good but what about the person you are stealing from? For example‚ Aladdin
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There is a rule that lawyers are not allowed to inform the jury about. It can drastically change the outcome of the case and what will happen to the accused. This rule is called jury nullification. It is when a jury chooses humanity over law and makes their verdict based on what they think is right. Although jury nullification has some downsides when it is abused by a biased jury‚ there are many reasons to support it. Jury nullification helps keep unfair laws in check by allowing them to be bypassed
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RECONSTRUCTION‚ WHAT WENT WRONG I. Historiography of Reconstruction A. Early Views Journalists‚ Poets‚ & Rebels Negative view of Reconstruction Sidney Andrews‚ The South Since the War (1866) John Dennett‚ The South as It Is. Southern frame of reference Sidney Lanier (poet) Attempt to justify Civil War B. Early Professional Historians John Ford Rhodes Ohio Democrat Not impartial Blamed North for problems of Reconstruction’ Claimed Black Rule
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What Do Marketers Do? Introduction to Marketing Consumers are continually faced with an array of products‚ services and offers in their daily lives. For this reason‚ the need for marketers has become more crucial for businesses across the globe if they intend to survive in this competitive day and age. But what exactly does this role entail? This essay will aim to briefly touch on the key aspects that manifest this diverse occupation by examining firstly their involvement in market research‚ implementing
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