Pre-September 2008: The AIG Crisis Over the years‚ AIG built upon its premier global franchises in life and general insurance by expanding into a range of financial services businesses. One of these‚ created in 1987‚ was AIG Financial Products Corp. (AIGFP)‚ a company that engaged as principal in a wide variety of financial transactions for a global client base. In 1998‚ AIGFP began to sell credit default swaps to other financial institutions to protect against the default of certain securities
Premium Subprime mortgage crisis Debt Investment
Introduction The different projects that are enhanced by different corporations make a difference in the results and growth of the company. However‚ there is not only the ability to increase or decrease revenue according to specific projects. There is also an alteration with the company by the history‚ development and incorporation of a specific organizational structure and culture within the business. Different businesses are able to create and enhance projects according to their foundational
Premium Krispy Kreme Doughnut Organizational studies
1. The Strategic Role of HRM (i) Strategic HRM covers eight HR practices- organisation design and work system; human resource planning ; recruitment; selection; training and development; compensation; performance management; employment relations. Each one of these HR practices reflects organization performance. Now HR is involved in long term company strategy. The HR managers sit down on the table with the company when the strategy is designed and advice the company how it can be done from HR prospective
Premium Human resource management Management
Suez Canal The Suez Canal crisis‚ also known as Tripartite Aggression‚ was an event that occurred in the Middle East in 1956. It arose by Egypt slowly taking control over the Suez Canal which was followed by an attack from Israel‚ France‚ and Great Britain. “The Suez Canal is a man-made waterway in Egypt. It was built by a French developer named Ferdinand de Lesseps. It connects the red sea to the Mediterranean Sea. This canal is important for ships traveling from Europe to and from the Middle
Premium Egypt Israel
Financial Crisis of ICELAND and Recovery Word Count = 1290 When you look at the map‚ a seemingly abandoned island in the arctic stands out. It’s a land known for its peace‚ volcanos‚ fish‚ and unbelievably beautiful nature. The subject of my discussion today is the cream of Nordic nations‚ the land of Erik the Red‚ Iceland. In this paper‚ I will look into the incredible sufferings of Icelandic economy in aftermath of 2008 financial crisis the causes‚ the derivatives‚ and the impressive recovery
Premium Iceland Bank
hit the media with a sudden twist of events. The Lehman Brothers fiasco is a prime example‚ with the mortgage crisis the economy is currently facing and them having to face bankruptcy for what seems to be the third time‚ it is just impossible to predict where to actually jump in to control and diminish the situation. Metrolink is another crisis that faces that same problem. This crisis is not at all on the same scale as the Lehman Bros. situations‚ but it does have its similarities. Both situations
Premium Lehman Brothers Subprime mortgage crisis
Title : Critically evaluate the Recruitment and Selection process at HDFC Bank(India). Aim: At this point we are nor concerned with desirability of recruitment process since it can not be avoided. Instead our concern is focussed of those questions like recruitment for what purpose. On what basis should it be written down and saved or not? If saved for ever or for a year or two? These are issue to be argued and these are the elements that make manpower planning ground or bad‚ effective or ineffective
Premium Human resource management Management
short of a courageous description. Billy Collins wrote one such poem‚ entitled‚ “Building with its Face Blown Off.” Collins’ poem is written in free verse construction and follows that characteristic throughout. The poem very vividly describes a blown up or destroyed building’s remains and ties in the emotion it has within it. The description of Billy Collins’ “Building with its Face Blown Off” is a detailed and involved summary involving many emotions and lots of details about the affects of
Premium English-language films Poetry World War II
clinics that are cancelled are prescribers clinic which are already full‚ you have patients waiting for longer wait times to be seem; We always have a way to work around it but it is the biggest challenge that I encounter. 2. How will you deal with a crisis situation when your boss will not be around?
Premium Patient Health care provider Health care
Ethics In Human Resource Management HRM Ethics : People learn business management automatically even before knowing what ‘Management’ is- Peter Drucker. To many people management is synonymous with business management‚ but business management is only a part of management. For a better understanding of HRM Ethics‚ it is essential to know what Management is‚ what is HRM‚ what is Business‚ what is Ethics and what is Business Ethics. Definition-HRM : HRM means a process of planning‚ organizing
Premium Business ethics Management Ethics