Review Essay No one would listen By Joseph Kiobbo‚ Newman University No one would Listen: A True Financial Thriller. Harry Markopolos‚ ed. New Jersey: John Wiley and Sons‚ Inc. 2010. Pp. 345. $17.35 (hard cover) This book brought out the failures of the Securities and Exchange Commission (SEC) in one of the biggest Ponzi schemes in America’s history‚ as orchestrated by Bernie Madoff. Harry Markopolos caught up with Madoff’s Ponzi scheme earlier on in his career and saw all the red
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have to stress over those little kinks in a program to make it perfect that may cause an error; that’s how the ad connects to the theme. It connects to what the allusion is on that if you do so as the ants did and go through all the wretchedness‚ you can reach the same destination with a less stressful way. Throughout the passage the author uses rhetorical devices to imply that people shouldn’t stress so much on the little things life has to throw at
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“The Halo That Would Not Light” by Lucie Brock-Broido is a poem about death and the idea of growing up and maturing. It is not uncommon to hear an adult say that “adults are just over-grown children‚” and this is the idea I believe‚ this poem refers to. The terms “raptor‚” and “scarab” are both related to ancient times‚ one with the era of dinosaurs and one with the time of the ancient Egyptians. Although children often love dinosaurs and also enjoy the idea of lost treasure the Egyptians left‚
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____________________________________________________________ _______________ 1. What is the net present value of a project with the following cash flows if the discount rate is 14 percent? [pic] A. -$3‚140.43 B. -$929.90 C. $247.181 D. $1‚027.67 E. $1‚127.08 2. Timothy is considering an investment of $10‚000. This investment is supposedly going to provide him with cash inflows of $2‚500 in the first year and $6‚000 a year for the following 2 years. At a discount rate of zero percent this investment has a net present
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B. Both cost the amount of $ 60‚000. The discount rate is 10%. The cash flows before depreciation and tax are as follows: Year Proposal A Proposal B $ $ 0 (60‚000) (60‚000) 1 18‚000 19‚000 2 15‚000 17‚000 3 18‚000 19‚000 4 16‚000 14‚000 5 19‚000 15‚000 6 14‚000 13‚000 Evaluate the above proposals according to: 1. Pay Back Period. 2. Accounting Rate of Return (ARR) 3. Net present value method
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were to be an animal‚ I would be an African Lion. The African Lion is an animal that describes my strengths and attributes perfectly and has characteristics that I would love to call my own. The African Lion has been called “the King of Beasts” for centuries‚ due to its majestic appearance and the fact that it is at the top of the food chain. I too would like the respect the African Lion receives and the title that it has been given. If I were an African Lion I would be able to bake in the African
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To What Extent Would the Wide Use of Referendums Improve Democracy in the UK? The wide use of referendums would make an improvement to democracy in the UK. A reason why it would be so beneficial is that referendums highly encourage political participation. Over recent years‚ political participation has not been at it’s highest‚ with people expecting a mere 55% turnout at the next vote‚ referendums could be just what are required to engage the public in politics. The Good Friday referendum is
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human trafficking is one of the major problems of the 21st century. It has become increasingly common to hear of such cases in the world today. Children of various ages as well as adults around the world are being taken captive for either hard labour and/or sex work. This system of selling and buying people is mainly influenced by the increase in poverty around the world. There are a lot of people that come from poverty stricken backgrounds and families. They are desperate to make a better life for
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To what extent would the wider use of referendums improve democracy in the UK? The wider use of referendums in the UK could potentially help improve democracy. A wider use of referendums would improve democracy in the UK because of the bigger chance that the people are given to cast their vote on issues that will affect them directly‚ and the country. There has been use of referendums in the past‚ such as Northern Ireland and the Good Friday vote‚ and the 2011 AV referendum‚ although they have been
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What would happen nowadays without cars? How would it be to use everyone public transport? Cars are the answer to our needs to be independent of each other and to travel freely wherever we want. History The cornerstone of the BMW empire dates back to 1916 in Munich‚ when Franz-Josef Popp and Max Friz set up Bayerische Flugzeug-Werke (Bavarian Aircraft Industry) on March 7th. Thus‚ contrary to expectations‚ the beginnings of BMW consisted of the production of aircraft engines‚ not cars. Two years
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