Corporate Finance AIG Accounting Scandal Explained December 8th‚ 2012 ________________________________________________________________________________ On February 9th‚ 2006‚ the SEC and the Justice Department settled with AIG for an amount in excess of $1.6B related to alleged improper accounting‚ bid rigging (defined by Investopedia as a scheme in which businesses collude so that a competing business can secure a contract for goods or services at a pre-determined price)‚ and practices involving
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Almost anyone who visits in the schools of East St. Louis‚ even for a short time‚ comes away profoundly shaken. These are innocent children‚ after all. They have done nothing wrong. They have committed no crime. They are too young to have offended us in any way at all. One searches for some way to understand why a society as rich and‚ frequently‚ as generous as ours would leave these children in their penury and squalor for so long-and with so little public indignation. Is this just a strange mistake
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West Indies Yacht Club Resort Case Analysis 1. Introduction The West Indies Yacht Club Resort (WIYCR)‚ located on the island Virgin Gorda in the British Virgin Islands (BVI) has been experiencing operational difficulties during the recent two years. Herein‚ I will first provide a brief overview of the tourism industry of BVI that is quintessential for better understanding of the situation as a whole. Subsequently‚ I will analyze the causes of the resort ’s ails and conclude delineating possible
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MEMO To : Dr Janie Liew-Tsonis From : NurulJannah Binti Ismail Date : 6 March 2013 Subject: Three reasons for choosing UMS ========================================================= Choosing the right university is crucial. The main reason being‚ the right university provides you with the opportunity to grow and gain knowledge. First main reason‚ I choose to enter Universiti Malaysia Sabah is because I want to gain more opportunity and experience here. As we know Sabah situated on the
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the central focus of the afternoon for the throng of admirers that had gathered and seated themselves before the theater stage. No‚ January 25th 2009 was the day of a lifetime for jazz pianist Muriel Havenstein‚ a veritable love-fest for the "Mid-Coast Monster" who has been playing jazz for over 68 years. Of course‚ Muriel would have chuckled softly
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As I stood there looking into the painting as if it were a portal back in time. I could think of nothing but what it must have felt like to be abandoned from your ship by no choice of your own‚ as illustrated in “A Storm on a Mediterranean Coast” by Claude-Joseph Vernet. Art can do that to people‚ you can feel emotions that are unable to be put into words‚ and see things that are indescribable. Although art is conceptually viewed differently by each person. Art is better in person as opposed to digitally
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leading to Growth Strategy for Virgin Introduction This report closely examines the Virgin Group’s corporate strategy / rationale and identifies the relationships namely of strategic nature within the Virgin Empire. Virgin’s value adding qualities shall be discussed and the main issues faced by Virgin shall be identified and categorically solutions recommended respectively. Corporate Rationale The Virgin Group comprises of an assorted mix of businesses. It has its “finger in every pie”‚
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like to express our deepest appreciation to Mr Zainal Azhar Bin Zainal Azim who is our lecturer for Islamic Finance on giving us the opportunity to work on the assignment and providing us with lots of support and guidance which has helped us to complete the assignment on time. This assignment has brought us in making lots of research and we came across to acquire new things about Islamic Finance and Islamic banking specifically. Nevertheless‚ we would also like to thank our fellow classmates who
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Project finance Aditya Agarwal Sandeep Kaul Fuqua School of Business Contents The MM Proposition What is a Project? What is Project Finance? Project Structure Financing choices Real World Cases Project Finance: Valuation Issues The MM Proposition The MM Proposition “The Capital Structure is irrelevant as long as the firm’s investment decisions are taken as given” Then why do corporations: Set up independent companies to undertake mega projects and
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o In finance‚ banking refers to the activities of banks and related organizations. Banking organizations include commercial banks‚ central banks‚ investment banks and any other institution that lends money‚ including credit unions and credit card companies. Good dissertation banking topics examine how banks create and maximize wealth through loans and other financial instruments. Examples include loan risk assessment models‚ money creation and fractional reserve banking. Corporate Finance o Corporate
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