MARKETS INSTRUCTOR: PROF. LUC KEULENEER GROUP PAPER: WHAT WENT WRONG WITH LIBOR RATES? “Honesty is a very expensive gift. Do not expect it from cheap people” Warren Buffet Table of Contents Introduction 2 History 2 Origen of the crisis 3 Probable Reasons for the LIBOR manipulation 5 Main players involved in the LIBOR scheme 6 Recommendations on what to do to avoid this problem 6 Reference List 8
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What Went Wrong at Cisco in 2001 http://www.cio.com/article/print/30413 Print Article Close Window From: www.cio.com What Went Wrong at Cisco in 2001 – Scott Berinato‚ CIO August 01‚ 2001 There’s Cisco Before and Cisco After‚ and the two crossed paths‚ awkwardly‚ this past April. Cisco Before was CFO Larry Carter writing in April’s Harvard Business Review about the San Jose‚ Calif.-based company’s "virtual close" software. "We can literally close our books within hours‚" Carter boasted
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NEWS FLAVOR http://newsflavor.com/opinions/airbus-a380-what-went-wrong/ Airbus A380: What Went Wrong? [pic]Published by Miqdad Sibtain on March 12‚ 2009 in Opinions “In most airline programmes of this size – including those of our competitors – things can run a little later than originally planned.” – Airbus spokesman. “I am extremely sorry vis-à-vis investors that have placed their confidence in EADS. This announcement came as a big blow. But we will create recovery.” - Noel Forgeard
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Middle Eastern countries‚ especially Iraq‚ are often portrayed as overly religious‚ backward‚ and violent. Their image in the world has been clouded by the intergroup hostility that has existed between Muslim and Christian societies for centuries. In his review of Bernard Lewis’s book‚ What Went Wrong: Western Impact and Middle Eastern Response‚ Professor Aslam Syed points out a commonly accepted Western narrative of the origins of this hostility. This narrative states that the ancient Muslim world
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CLSC 300I The Roman Empire: What went wrong? Rome was founded as a small farming town in 753 BC. It grew to a vast empire that enveloped the whole Mediterranean Sea. It spanned from the western shores of what is now Portugal‚ to as far as the modern day Persian Gulf to the east. It remained as the world’s largest and most powerful empire in the ancient world for about 1100 years. But by 476 AD‚ the stress of war and the multiple sackings of Rome proved too much for the once mighty empire.
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While not all crises can be foreseen‚ let alone prevented‚ all of them can be managed far more effectively if we understand and practice the best of what is humanly possible. (Ian Mitroff‚ Gus Anagnos: ” Managing crises before they happen”) 1. What went wrong? As we can see from the text of the case the several things went wrong in McDonalds Argentina. 1. First of all there were a lot of accidents of people compliance on the company’s food. It was quite usual for the call-center of
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boson who is the deck hand in charge opened the forward store and started the ventilation fan. Immediately an explosion[Fig-5] occurred and the boson was killed. Also‚ it ruptured the forward store badly and deformed the forward shape. [36] What Went Wrong (Critical Factors): The de-humidifier consists of several valves which was connected to cargo line. In the normal procedure the vessel must remove the spool connection from the cargo line and the de-humidifier. In the above case‚ after investigation
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and left a nation feeling sorry for those that were now homeless. The preceding actions that took place after the storm are what might be remembered most about this devastating storm. Epic Failure The post storm relief effort of Hurricane Sandy or lack of it is what is making news today. The lack of both a tactical and strategic plan from important leaders of our country has left victims of the storm still struggling to pick up the pieces nearly three months affect the storm. With strategic planning
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Introduction The first part of this assignment based around the case study of Carrefour in Russia is to analyse the macro environment in Russia at the time of the case. Opportunities and challenges associated with that environment will also be considered. The best way to understand the macro environment in Russia is to carry out a PEST analysis. PEST stands for the political‚ economic‚ social and technological environments. This type of analysis can be considered an external appraisal of the business
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someone to blame? The Great Gatsby by F. Scott Fitzgerald is a book about love‚ dreams‚ and wealth. Nick Carraway‚ the story-teller‚ is the one to blame for Gatsby’s death. Nick is surrounded by everyone’s secrets and never speaks of them‚ this is one reason why nick lead Gatsby to his death. Gatsby and Daisy came across each other again because Nick invited them over at the same place‚ same time therefore Nick is blamable for the affair they had. After Gatsby had got into a tragic accident‚ Nick had left
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