Suing over spilt milk It’s been dubbed “Europe’s Enron” – the saga that has engulfed Italy’s milk-processing giant Parmalat and its senior executives‚ blue-chip European and American banks‚ accountancy firms‚ politicians and 130‚000 hapless small shareholders following the discovery in 2003 of a $14bn black hole in its finances. The revelation triggered an eight year marathon of court cases in Europe and America‚ the disgrace of the Tanzi family that controlled Parmalat‚ at least one death‚ the
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Deciding to come to West Virginia felt very hard and unpredictable‚ as it literally changed the course of my life. My familiarity and past experience with the American system played a role in my integration when I came to the United State. I transferred here at WVU on my sophomore year after completing most of my pre-major courses at an Accredited International University based on the American model. This past experience easily adjusted to the educational aspect here at WVU. When I moved to WVU
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Something very special to me is my football trading cards‚ because of the past experiences‚ favorite football players‚ and it’s old. “Don’t judge a book by its cover‚” is something we should all go by when we have special things to us. My brother told me‚ “Keep something from the person you love because you might not never have that person anymore.” First‚ my past experiences with the football trading cards I got. My step-brothers gave them to me when I was about six years old. They
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Energy Trading Assignment 1 1).What is Risk? Risk = Uncertainty * Exposure 2).Name the 3 offices within a trading organization and list their functions. Front Offices: Its functions are trading‚ structuring‚ marketing‚ information and analysis‚ scheduling and risk management; Middle Offices: Its functions are risk control‚ control market risks by measuring portfolio price risk and stress testing portfolio‚ also control credit risks by measuring credit exposure. Back Offices: Its functions
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venue of block order trades to a high-frequency trading spot of smaller and medium size orders‚ dark pools are now being questioned for their initial purpose and if their presence is lowering the market quality. Dark pool trading occurs when the client is submitting an order or a buy without stating his side‚ nor the size and price of the share. Therefore‚ he makes an anonymous bit or ask. The pre-trade information opacity leads to easier trading with less liquid stock and moderate prices. In general
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HIH Insurance Company Background HIH was originally found in 1968 by Ray Williams‚ then was acquired by British company CE Health PLC in 1971‚ and renamed as "HIH" in 1995. Before its collapse‚ HIH was the second largest insurance company in Australia‚ and covered several insurance segments‚ including worker’s compensation‚ public and private liability‚ property‚ industrial and commercial insurance. It also expanded globally into the US and UK markets. On March 15‚ 2001‚ HIH insurance was
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INTRODUCTION : A regional trading bloc is a group of countries within a geographical region that protect themselves from imports from non-members. Trading blocs are a form of economic integration‚ and increasingly shape the pattern of world trade. In general terms‚ regional trade blocks are associations of nations at a governmental level to promote trade within the block and defend its members against global competition. Defense against global competition is obtained through established
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the Internet has surprisingly changed our way of life as a society. It has defined the way we do business and the way we correspond. The Internet has opened many opportunities for online trading. The financial industry revolves around the Internet. Every thing is just a few clicks away. This makes online trading most convenient. But there are still investors who prefer the old fashion way of offline trading and they mainly prefer offline trading for security reasons. Internet has introduced a
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For the people who wanted to understand the stock trading mechanism. The trading mechanism exists because of the need to channel money from investors into business entities. The combination of investors and borrows creates the market for securities. The trading mechanism refines the market by matching buyers and sellers with the prices they are will to pay or take. The way how the system works are handled by brokers‚ dealers‚ and specialists. A broker is a party that arranges transactions between
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Protect your Pokemon trading cards using sleeves to raise their value in the market Trading cards are one of the most popular collectible items in modern history. These cards are mainly a set of cards‚ connected through a common theme or series‚ which are collected‚ traded and sold to other collectors. However‚ when the trading of cards stuck in the mind of people‚ generally they think about the sports cards. These types of cards usually have prints of photos and stats of the famous professional
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