Consent and learning disability Essay Example | Topics and Well Written Essays - 2500 words

Consent and learning disability - Essay Example People with learning disabilities may have difficulty with the second key component. Yet as part of their autonomy requirements consent cannot be denied to them and it is essential that there is an understanding of the manner in which their autonomy can be enhanced and not compromised. With more and more people with learning disabilities in the United Kingdom seeking generic health care services, as a result of the policies of the health care authorities, consent with regard to people with learning difficulties becomes a significant issue for professionals involved with providing health care services to people with learning difficulties (Brittle, 2004). In the United Kingdom nearly one-and-half million people are estimated to be affected by learning disabilities. Two factors need to be considered when addressing people with learning difficulties. The first is that learning difficulty remains with these individuals throughout the course of their life and the second is that these individuals have their own likes and dislikes, history and opinions and possess the same rights like any other citizen of the United Kingdom. The Royal College of Nursing Learning Disability Nursing Forum, 2006, relates learning difficulties to those individuals, who demonstrate the characteristics of â€Å"a significant impairment of intelligence, a significant impairment of adaptive function and age of onset before adulthood† (The Royal College of Nursing Learning Disability Nursing Forum, 2006). There are no laboratory tests or imaging tests that form the basis of identifying individuals with learning tests. The measure of intelligence based on cognitive assessment, whereby the intelligence quotient (IQ) score is ascertained, is the means to identifying people with learning difficulties. Such IQ tests evaluate the abilities of an individual in areas such as comprehension, expression, knowledge, abstract thinking, memory and problem-solving skills. These tests are normally

Positive Effects of Globalisation

Positive Effects of Globalisation Abraham Darby Academy 29105 Thomas Smith 3139 Is Globalisation affecting our lives for the better? Is Globalisation affecting our lives for the better? Globalisation is not a new concept; early explorers went off in to the unknown and came back with exotic foods, sports and fashions that were unheard of. People of the UK eat potatoes on a daily basis, but they aren’t even British! However, the advent of internet technology and low cost air travel have given globalisation prominence. Globalisation refers to the increased inter-connectedness of the world and how the world is getting smaller (well, metaphorically speaking). Globalisation is now reaching out and touching the lives of an increasing amount of people around the globe. Consider your own World for a moment – how is your lifestyle affected? The car in the garage, the food in the kitchen, the phone in your pocket, the clothes on your back or the computer you use? I myself have had my lifestyle greatly influenced by globalisation. My iPad, Xbox and video games all are either manufactured or created in another country and shipped to the UK. Indeed, many of the TV p rogrammes I enjoy are also produced overseas. This shows that our world has become increasing connected and interdependent in terms of culture cuisine, fashion and technology. But is it a change for the better? Causes The cause of globalisation can be linked back to a few main changes. Firstly the improvement in air-travel throughout the 20th century has resulted in a vast increase in the amount of movement of people and goods between countries. Graph 1 shows that between 2000-2008 the volume of exports in developing countries doubled, most likely due to the easier access and advancements of air-travel and transport. Everything from food to technology can be produced in a different country and then flown to us. This in turn has allowed a greater sharing of cultural ideas. Secondly, the development of communication such as the internet and mobile phone technology has meant that it is easier than ever for people to develop and share their ideas. It allows someone with a computer in Britain to access information published in another country or find out about other cultures without having to visit the country. This has allowed a larger spread of cultural information and ideas. Map 1 depicts the amount of internet users in the world, by country. From the map, I conclude that the internet has become a revolutionary tool in the spreading of culture and information. The main users appear to be Asian nations like India and China. As these are large developing nations with large populations, it is not surprising to see that a large percentage of the population use the internet. As you can see, there is also a positive correlation between population size and number of internet users. Another reason for globalisation is the creation and growth of Multi-National Companies. As of 2009, there were 889,416(3) globally, meaning there are a lot of companies with branch plants in multiple countries. The most famous examples of MNC’s are Coca-Cola, Apple and McDonalds. Each of these MNC’s has factories, offices or places of business in countries all around the world or they sell their products to millions around the world. The fact that so many exist, show how interconnected we all are and that many peoples’ lives and cultures are influenced by these expanding companies. Global trading blocs have further reduced national barriers, for example the EU as has the growth of a global media.4 Effects Globalisation results in positive and negative impacts (Table 1). Table 1: Globalisation – the good and the bad The sharing of information has meant that for example, an event occurring in south East Asia can be known about quickly or instantly in countries like the UK. Thus allowing NGO’s to get accurate information about what happened and be able to use facts when asking for donations. A good example of this is the recent Typhoon Haiyan in the Philippines. Due to the internet and other communication technologies, news of the event was instantly available to other countries and this allowed them to act accordingly. This rapid sharing of information has led to problems like global warming and conflict in overseas nations being more well-known and for people to call for more action to be taken.5 Many critics claim that LEDC’s do not receive many benefits of globalisation and are only used for their cheap labour and resources. This therefore creates the effect of ‘the rich get richer and the poor get poorer’ in many peoples’ eyes. The most well-known examples of this are MNC’s like NIKE, Apple and Primark who mainly locate their manufacturing operations in newly industrialised countries. They often move to a country with cheaper labour if costs begin to rise or get too high for their liking. To add to this, some MNC’s take little care of the workers or areas they set up their operations in. The news is often filled with stories of sweat shops, terrible working conditions or other poor ways of treating the area. The case study of Coca-Cola in India shows how well known and respected MNC’s can ‘exploit/take advantage of the countries they operate in. Perspectives Anti-globalisation campaigners and those who oppose/disagree with globalisation believe that clothing, language, diet, tradition and other cultures are being destroyed and re-shaped into a more capitalist or westernised style. A prime example of this that American TV programmes or movies are more likely to be a worldwide success than those of other countries like India, which also have large media industries. This perhaps accounts for the term ‘Bollywood’, whereby Indian entertainment/film makers are using a globally renowned place name ‘Hollywood’ to raise awareness of Indian film. Many people have an opinion on globalisation, be it an MP in London, a business man in China or a villager in Kenya, Africa, probably because globalisation is wide reaching. These perspectives often differ depending on who you ask. Kofi Annan, views globalisation as a positive phenomenon. Kofi is a Ghanaian diplomat and part of the UN9, he has seen the world and dealt with many situations involving other countries. Therefore he clearly knows what he is In terms of culture, Mr Annan seems to believe that globalisation has benefited the different cultures of the world and now better from having had other cultures interact with theirs. For my local area, globalisation has had a very positive effect. Globalisation has led to an influx of culture such as film, food (Chinese, Indian and Thai) and the creation of hundreds of jobs and has brought several big Multi-national companies to Telford. MNC’s like RICOH employ about 900 people10 in Telford alone. Ricoh Company, Ltd is a multi-national imaging and Electronics Company based in Japan. It was founded in 193611 and opened its Telford branch in 1987.12 Its Telford branch manufactures cameras and projectors, all of which are sold either in the UK or shipped abroad to other countries for sale. And this isn’t the only MNC in Telford. Companies like ENTA (Taiwanese) and Johnson Controls (American) all have factories in Telford, providing products and employment for the local area. If globalisation hadn’t happened, the unemployment rate in Telford would be much higher. Therefore my local area has benefited quite a lot from globalisation, be it in emplo yment, products or services, and perspective on the subject is positive. Scenarios In terms of scenarios for globalisation and culture, there are but two; a scenario where globalisation extends its influence and a scenario where it recedes. If globalisation were to extend further, it will mean fewer areas of the world remain untouched. This could have massive implications for culture in both MEDC’s and LEDC’s. For MEDC’s it would mean greater access to products or ideas from other countries. This however, may not affect the culture of MEDC’s like the UK a lot; mainly due to MEDC’s being â€Å"multicultural† societies and the influx of more culture will simply expand the already dynamic range of culture in these countries. But in terms of work, shops and services it is a different story. By allowing more MNC’s from other countries to enter, the prospect of more jobs, services and products increases. Consequentially, it also increases the risk that local businesses will have to close or go out of business. In 2012, the UK saw almost 4,000 shops and 54 retailers close up and go online or go completely bust, affecting more than 48,000 employees15. This shows that even though globalisation brings lots of benefits it can destroy traditional or small local businesses. For LEDC’s an increase in globalisation could be either good or bad. An increase in globalisation could bring more MNC’s to a country or area and with it, benefits. But it could also bring negatives like exploitation or damage to the environment. The local areas culture could be seriously affected, as they replace traditional dress with MEDC style clothing or food, like McDonalds or Coca-Cola. This can be a good thing but it would destroy or significantly weaken local culture and could eventually disappear. The other scenario, where globalisation recedes, provides a very different picture. If fewer MNC’s exist in other countries surely countries would become a bit more ‘self-sufficient’ (being able to do it themselves). For an MEDC, this would mean many aspects of our lifestyle would go or more likely, be harder to come by. Books, movies, foods (Eg: bananas) and clothing would be harder to get as there may be fewer companies willing to ship them to the countries which want them. This could mean that MEDC culture changes, as the lack of foreign products or ideas means that a specific MEDC culture could develop. For local business, it means that more people may use them instead of bigger companies, essentially increasing their usage and profits. For LEDC’s, this scenario would seriously affect their culture. As the media shows us every time they are in LEDC’s like in Africa or the Philippines for example, every day people seem to wear t-shirts, shorts or other similar clothing branded with MEDC MNC logos. Now, without globalisation, this sort of clothing would most likely become harder to acquire. This can be both a good and a bad thing. It’s a good thing for the LEDC’s culture as it allows them to readopt traditional clothing or move away from MEDC influence. It can also be a bad thing as they may rely on these clothes and without them may not have any at all. Another way that LEDC’s would be affected is that with less MNC’s in their countries, fewer jobs may be available to the people living in LEDC’s. This could have a negative effect on the economy of LEDC’s which rely on MNC’s for financial income and jobs. Moreover, less MNC’s would mean workers and communities in LEDC’s would not suffer from poor working conditions or other MNC related problems. Conclusion In conclusion, I have been able to identify that globalisation is mostly affecting our lives for the better. It facilitates the sharing of ideas, knowledge and culture, which in turn has allowed the world to become more interconnected and shared. However, this is not always a good thing, as globalisation has been, and still is, responsible for exploiting workers, damaging environments and eroding cultures. From my evidence and research, I have found that globalisation causes more harm in LEDC’s than in MEDC’s. In MEDC’s, globalisation brings more positive effects than negatives and people in MEDC’s seem to have adopted it into their lives. In the future, it would be good if MEDC’s could ensure that the benefit they gain from globalisation in LEDC’s is fully and fairly reciprocated Bibliography: Gap minder map www.bit.ly/1gLW9Bm or http://www.gapminder.org/world/#$majorMode=map$is;shi=t;ly=2003;lb=f;il=t;fs=11;al=30;stl=f;st=f;nsl=t;se=t$wst;tts=C$ts;sp=5.59290322580644;ti=2010$zpv;v=0$inc_x;mmid=XCOORDS;iid=ti;by=const$inc_y;mmid=YCOORDS;iid=0AkBd6lyS3EmpdC1PcWJUZldDelFyQXdaOEtDUG9HSUE;by=const$inc_s;uniValue=8.21;iid=phAwcNAVuyj0XOoBL%5Fn5tAQ;by=ind$inc_c;uniValue=255;gid=CATID0;by=grp$map_s;sma=65;smi=2.65$cd;bd=0$inds Number of MNC’s http://www.numberof.net/number%c2%a0of%c2%a0mncs-in-the-world/ Causes of globalisation http://www.economicshelp.org/blog/401/trade/what-caused-globalization/ Positive effects of globalisation http://www.bbc.co.uk/schools/gcsebitesize/geography/globalisation/globalisation_rev4.shtml Volume of exports 1990-2009: http://www.wto.org/english/thewto_e/coher_e/mdg_e/development_e.htm Coca-Cola protest India – http://upload.wikimedia.org/wikipedia/commons/7/77/CocaColaIndia.gif Kofi Annan quote – http://arts.brighton.ac.uk/__data/assets/image/0018/2628/study-globalisation-uk-brighton.jpg What is the UN – http://www.un.org/en/aboutun/ RICOH employment numbers- http://www.shropshirestar.com/shropshire-business/2013/05/28/telford-ricoh-factory-workers-face-uncertain-future/ RICOH founding – http://en.wikipedia.org/wiki/Ricoh RICOH Telford founding – http://www.ricoh.co.uk/about-ricoh/ricoh-uk/history/index.aspx RICOH picture – http://www.therecycler.com/wp-content/uploads/2013/11/ricohtelford.jpg Case study – India and coco cola – http://en.wikipedia.org/wiki/Criticism_of_Coca-Cola#India store closure numbers (2012) – http://www.retailresearch.org/whosegonebust.php 1909 words excluding tables and headings

The Five People You Meet In Heaven :: essays research papers

Eddie is a grizzled war veteran who feels trapped in a meaningless life of fixing rides at a seaside amusement park. As the park has changed over the years -- from the Loop-the-Loop to the Pipeline Plunge -- so, too, has Eddie changed, from optimistic youth to embittered old age. His days are a dull routine of work, loneliness, and regret. Then, on his 83rd birthday, Eddie dies in a tragic accident, trying to save a little girl from a falling cart. With his final breath, he feels two small hands in his -- and then nothing. He awakens in the afterlife, where he learns that heaven is not a lush Garden of Eden, but a place where five people who were in it explain your earthly life to you. These people may have been loved ones or distant strangers. Yet each of them changed your path forever. One by one, Eddie's five people illuminate the unseen connections of his earthly life. As the story builds to its stunning conclusion, Eddie desperately seeks redemption in the still-unknown last act of his life: Was it a heroic success or a devastating failure? The answer, which comes from the most unlikely of sources, is as inspirational as a glimpse of heaven itself. These five meetings -- some of which are with people who are strangers to Eddie, others with people he knows intimately -- take this gruff but gentle man through the different stages of his life, and through each new person, some hidden truth is revealed. As Albom unfolds Eddie's story, he gradually sheds light on the web of connections between each individual and a world of strangers, so that life is revealed not as a straightforward story of what we have achieved but as a vast network, too large for us to perceive clearly from the inside.

Langston Hughes’ “Mother To Son” Essay

An Explication of Langston Hughes’ â€Å"Mother to Son† Langston Hughes once stated in his own words that his whole purpose for writing was, â€Å"to explain and illuminate the Negro condition in America.† In the poem â€Å"Mother to Son†, he denotes his belief on racism in America. In â€Å"Mother to Son†, a mother is giving advice to her son about life from her perspective and experiences. She wants her son to keep striving on what he believes and to have a more prosperous life than what she had. Langston Hughes was born in Joplin, Missouri in 1902. He lived with his grandmother for most of her life but often stayed with his mother in Cleveland, Ohio. He grew up in poverty and was exposed to racism in his youth. However, he believed that things would change and his culture must press on. By 1929, he was a well know poet during the Harlem Renaissance, the growth of African-American art and literature in Harlem, New York. He promoted the African-American culture and supported the Civil Rights Movement. Hughes used poetry to express himself and has written over sixty poems. One of them being â€Å"Mother to Son†, which expresses how the blacks must stand tall and believe in a better future. Starting with the title, â€Å"Mother to Son†, allows the reader to trust that the poem is going to be about a mother and a son. Just by reading the title, the reader may wonder what type of poem this is going to be. It shows a sense of leadership because a son sees his mother as an authoritative figure, someone who he can trust, someone who he has a bond with. Mothers are usually a figure who nurtures and molds their children into the right path. This gives the reader a hint that the poem is a poem were, the mother, in some way or another is molding or guiding the son into the right path. In the very first line, â€Å"Well, son, I’ll tell you:† gives the reader a good idea in which direction the poem is taking. At this point, the reader can trust that the mother is going to give some kind of advice as mothers frequently do. As the reader moves on to the second line, â€Å"Life for me ain’t been no crystal stair,† Langston creates imagery for the reader by using a crystal stair as a metaphor to symbolize the mother’s life in contrast to the crystal stair. Crystal has connotations of beauty and visual smoothness.  It is also a valuable piece of stone that only the wealthy could purchase in high volume such as that of a crystal stair. The crystal stair is very important to the body of the poem. Without this metaphor, the poem probably would not have the same effect on how the reader interprets it. Moving on to the third sentence, â€Å"Its had tacks in it, and splinters, and boards torn up, and places with no carpet on the floor-Bare.† The tacks and splinters could represent pain or scars left from the mother’s past. The boards that were torn up could represent imperfection; a struggle or permanent loses and voids in her life. â€Å"No carpet on the floor-Bare† could mean that the mother has nothing left to show for her life. Her life as a youth could have been stripped from her through slavery. So she wants her son to make something of himself despite the criticism and racism he is challenged with. The poem doesn’t state specifically to the reader where the setting takes place but there are two hints Hughes gives that leads the reader into the assumption that the South is a primary focus. First, the poem was written in 1922, which was a time of the Harlem Renaissance. Second, the mother is speaking the words of the poem in a Negro dialect, which forces the reader to assume she’s black. With these two facts, the reader can reasonably come to the conclusion that the mother has probably dealt with the racism and prejudges from the white culture. The 1920’s were a time of struggle for many blacks and Negro rights since slavery was abolished in 1865 by the 13th Amendment. By reading the history of the poet, Langston Hughes, the reader has a general idea that his own mother could have been a slave or had grown up during the time that slavery was being abolished and the 13th, 14th, and 15th Amendments came into effect. This was also during a time when Congress had passed several laws to protect Negroes’ civil rights. In contrast, many whites disregarded the newly won rights of Negroes. (World Book Encyclopedia. Civil Rights. Field Enterprises Educational Corporation. Chicago. 1977. P.468) Like many other Lyrics, â€Å"Mother to Son†, is expressing the thoughts and feelings of a single speaker and is written in first person point of view. In the very first line, â€Å"Well, son, I’ll tell you†, Hughes demonstrates to the reader that this is going to be a first person point of view. Readers can see that the  mother is the central character in this poem because the reader is focused on her next word as she describes her view of life. The mother speaks her thoughts and feelings for the entirety of the poem but the boy doesn’t speak at all. This is called a dramatic monologue. Langston’s attitude toward life in â€Å"Mother to Son† is slightly unpleasant but solemn and trustworthy. The reader gains a sense of sympathy for the mother as she tells her son about her misfortunes from the past. In â€Å"Mother to Son†, a mother is urging her son to keep striving with assurance to have a more prosperous life than she had. Langston Hughes was born in Joplin, Missouri in 1902. He was a well-known poet during the Harlem Renaissance. He believed strongly in his culture and he had faith that things would change for the better. The title itself gives the reader a sense of insight on what the poem is going to be about as it clearly uses â€Å"Mother†, an authoritative figure in which a son would trust and look up to for guidance. On the other hand, a mother’s own instinct is to her child into the right path. Langston clearly demonstrates this in this piece of poetry. Langston also uses imagery for the reader by using the crystal stair as a metaphor. The setting is not specifically stated but Langston has granted a couple of clues for which the reader can rely. The date the poem was written and the word choices he uses lets the reader know that the setting is probably in the South. Langston’s background gives the reader the idea that he may have reflected on his mother’s past and the events that follows slavery abolishment in 1865 when he began writing, â€Å"Mother to Son.† This poem was written as a Lyric. Like many other lyrics, it was written in first person point of view and the poet used a dramatic monologue when the mother speaks of her thoughts and feelings, whereas, the boy doesn’t speak at all. Although, Langston shows a slightly unpleasant attitude in his tone, he is solemn and trustworthy. The reader gains a sense of sympathy for the character of the mother

Bernard Lawrence

  Describe the three types of illegal behavior alleged allegations against Mr. Madoff and for each of the behavior explain why it is illegal or unethical in the conduct of business? Ans) Bernard Lawrence Madoff was a stock broker, investment advisor and the non executive chairman of the NASDAQ. Bernard has been found guilty for 11 federal crimes for which he has been sentenced to imprisonment for 150 years and had to pay $170. 179 billion as a penalty. He was convicted for 11 federal crimes which included security fraud, money laundering, perjury, theft from an employee benefit plan, wire fraud and mail fraud.In order to further clarify three of the crime would be explained in details which are as follows: Money Laundering: Bernard Lawrence had been convicted for 2 International money laundering crimes. He had been using the money of his investors for his own purposes and was showing false accounts. His company was convicted of tax evasions and taking advantage and showing false ac counting in his books. This is a serious crime in the whole world as this is a way of misinterpreting and misleading the investors and the government officials.This is an unethical business practice because it refers to concealing important details of the business from the various stakeholders and thus taking undue advantage from that. The companies seem to misguide the public and the government and save million dollars by evading taxes and buying assets from the money that they have actually stolen from the investors. Securities fraud: The victim was convicted of securities fraud where he was guilty of doing illegal sale and purchase on the trading floors. He had broken various securities laws and embezzled millions of dollars.This is an illegal practice because the investors by doing so start manipulating the stock exchange and the stock prices. This is considered a crime because by this the stock prices can be over stated or understated which would harm the small investors. Theft from Employee benefit plan: He was alleged of stealing $10 million from the pension fund assets. This is a plain act of stealing where he took the money that was the right of 35 labor unions. Due to this the labor union would not have been able to get the money that was basically their right by law. (Voreacos, 2009)Question 2: Name three types of parties who were impacted by the practices of Mr. Madoff and describe how they were impacted? Ans) The scandal had impacted the lives of various people which included people from all walks of life. From various celebrities to huge investment companies and banks have had an impact on their balance sheets due to the scandal. Some of the parties involved were: Universities: Various universities and schools which include the New York University and Maimonides school had invested their idle funds with the company which they lost due to the scandal.Investment Funds: Various investment funds had their assets managed by the company. The investment companies lost the money that they had invested with the investment fund of Lawrence Bernard. Various investment companies had even bought the shares which brought them loss of billions of dollars. Charity organization: A lot of Non profit organizations and charity organization of celebrities and other people had invested the charity’s money. The charities had to lose billions of dollars due to the fraud as they did not get their invested money back. (Madoff's Victims, 2009)Question 3: Describe three business safeguards that may have prevented the harm caused by Mr. Madoff? Ans) The ponzi scheme was a major negligence from the respective authorities. The SEC authorities did not have complete check over various factors due to which people had to face losses of millions of dollars. Some of the ways the debacle could have been prevented are: Strict policies from Securities Exchange Commission (SEC): This scandal had been in practice for almost over a decade but was not detected by the SEC. Thus the SEC was not too active in its practices.The organization was giving a high return which was an unusual activity. Thus in such an abnormal situation SEC should have been more diligent and transparent in fulfilling its duties. If there had been cross checking of the accounts and financial transactions this loss could have been prevented. Transparent practices by the external auditors: It is something very pungent that such a massive scandal had hit the financial world despite of the strict financial standards and the constant audits by the licensed auditors. The external auditors would have to be more ethical and transparent in their activities.If they would have identified small symptoms of unethical practices to the state earlier, millions of dollar could have been saved. Forensic Accountants reactive attitude: The forensic accountants have been silent over the issue until it was the news all around the world. The forensic accountants are trained to identify an y sorts of fraud symptoms in the economy. There was a reactive approach by these accountants which caused this fraud to go on for too many years. The forensic accountants could have prevented the loss by actively reporting them on time. (Herrerra, n. d. )Question4: Describe three ways the private investors could have prevented themselves from risk? Ans) The investors could have been prevented from the debacle by knowing the investment practices and the basic rules of investment. Generally the investors are not aware of the practices due to which they are not able to identify if the investment is done in the right manner. Second, the loss could have been prevented if the investors have been careful in selecting the investment company. The investors would have been saved if they would have not selected the company for investment.The investors could have managed their funds properly by not investing huge amount in just one avenue. The risk could have been mitigated if they had invested at various avenues due to which they would not have to bear such a huge loss. (Herrerra, n. d. ) Question5: Describe three legal actions that possibly may be brought against Mr. Madoff under criminal or civil law? Ans: Mr. Madoff had been convicted of 11 serious federal crimes to which he was sentenced to imprisonment for 150 years. The three legal actions against him are as follows: Securities fraud: 20 years of imprisonment with 3 years supervised release.Along with this there would also be a fine of $5 million or twice the gross gain or loss from the offense. Money Laundering: 10 years of imprisonment with 3 years of supervised release. These would also be a fine of $250,000 or twice the gross gain or loss from the offense. Perjury: 5 years of imprisonment with 3 years of supervised release. These would also be a fine of $250,000 or twice the gross gain or loss from the offense. (Department of Justice Press Release, 2009) References Department of Justice Press Release. (2009, Ma rch 12). Retrieved June 7, 2010, from Federal Bureau of Investigation New York: http://newyork.fbi. gov/dojpressrel/pressrel09/nyfo031209. htm Herrerra, C. (n. d. ). Ponzi Schemes and Forensic Accountants. Retrieved June 7, 2010, from Accounting Sites: http://www. bellaonline. com/articles/art49196. asp Madoff's Victims. (2009, March 6). Retrieved June 7, 2010, from The Wall Street Journal: http://s. wsj. net/public/resources/documents/st_madoff_victims_20081215. html Voreacos, D. (2009, March 11). Madoff Criminal Charges: Summary of the 11 Counts Against Him. Retrieved June 7, 2010, from Bloomberg: http://www. bloomberg. com/apps/news? pid=20601087&sid=a6Osnj. SoYdM&refer=home Bernard Lawrence Bernie Madoff was born on 29th April, 1938 in New York. His parents were Jewish, namely Ralph and Sylvia Madoff. In 1956, he had graduated from the Hofstra University where he had studied political science. He then became a plumber, and later on founded the Madoff charitable Foundation. His career in the investment field began after he married Ruth Alpern, his high school sweet heart, who worked at a stock exchange market in Manhattan. In 1960, he founded the Bernard L. Madoff Investment Securities LLC, (now NASDAQ) and has ever since acted as its chairman until he was arrested.Before the discovery of the fraud, Bernard L. Madoff Investment Securities seemed like the kind of firm that every stock broker would want to work with. The investors and the employees all believed in Bernie. It was for this reason that he was appointed as the chairman of NASDAQ, and was also appointed to industry channels by the SEC. Madoff is said to have been a philanthropist who worked with many nonprofit institutions. He was a man of great influence, and many people had entrusted him with their wealth.Madoff is known to have committed the biggest fraud through a Ponzi plan which he had carried out for at least 20 years. He confessed his crime to his sons, Andrew and Mark last year. This is an essay covering Madoff’s, big Ponzi plan that led to his incarceration. (Lenzner) The Ponzi plan Even as Madoff was still in studying law at Brooklyn Law School, he was in involved in the securities business. On of his first investments was with a company, called the Electronics Capital, where he had invested $200. According to what the SEC disclosed, his stocks had grown from the original $200 to $16,140.At that time, this was a lot of money, and this must have captured his interest in the securities market. His scheme to get involved in illegal operations to make more money must have been in his mind for some time. This is because in the 1990s, Madoff would boast to some of his investor s that he was using a different strategy from the split-strike conversion method. This must have been what led to the fraud. An investigation revealed that there were clues in his office, but it was very hard to catch him.For example, there was an IBM server, and an AS/400 which dated from as early as the 1980s; reports said that it was so old, that some information was keyed in by hand, but Madoff was reluctant to have it replaced. This machine is said to have been the centre around which the fraud was schemed. Thousands of statements that were printed from it revealed trades that had never been made. (Bandler etal) According to those who played roles in the early electronic trading and the company, Madoff’s company was successful only in the 1970s and the 1980s.They further said that the success could only be attributed to the fact that his security business was the first to have used the electronic software to trade stocks. He was also able to attract many consumers becaus e the software was not only cheap, but also fast. Instead of taking a fee for trading stocks like the NYSE did, Bernie paid some firms like Charles Schwab a few dollars a share for every order they made. Though the software used by Madoff, his company had the expertise to hedge the risk that resulted form the imbalance in the buy and sell orders and hence were able to preserve its profit.This means that even if he paid the client, he still remained with enough money to make a huge profit. During the early 1990s, his firm had succeeded, in that it was responsible for executing at least 9% of all the stocks traded every day at the NYSE. His firm specialized in trading other shares from big companies outside the exchange. In the history of trading stocks, no other company could outdo NASDAQ, which got its advantage from the use of electronic means. He was respected among his peers, except those of the NYSE, who likened his orders to kick backs.They viewed Madoff’s trades as shab by, but they had no way to prove any illegal activities. The payments that he paid for the orders were all legal, and Madoff ensured that they remained so. NASD and SEC insisted that the securities industry’s self regulated body bring together a panel to investigate NASDAQ. Being the chairman NASDAQ, Madoff challenged his investigators by suggesting that they go ahead to include witnesses in the panel. He was able to talk himself out of the problems that could have possibly befallen him. (Bandler etal) He successfully talked the investigators into his line of thinking.In fact, some of the members in the panel said that he was not pushy during the interrogations. Although his main aim was to protect his business, he never suggested that in any direct way. He was just determined to make the panel â€Å"understand† the way his business operated. At the end of it all, Madoff prevailed. He had managed to convince the panel that his practice of offering payments was all the same as that applied by the Wall Street. Things however changed in 1997, when the rules that governed the trading spreads changed. That year, they were slashed from 12. 5? a share to 6.25? , and later on in 2001, dropped to just a penny. NASDAQ’s profits started decreasing. Madoff was able to continue committing his fraudulent acts because he now started marketing his investment business by convincing people through word of mouth. Those who learnt of it spread it to their friends. It became a private club, and Madoff’s plan not wanting to admit new members, attracted even more attention from those who knew of it. His private investors were urged to keep quiet, and not to mention the matter to an outsider; if they did, they risked losing their investments.In spite of his efforts to keep his investments secret, they somehow surfaced, but he was determined to keep covering up any act that would arouse suspicion. Two publications that were directed at arousing suspicion on Madoff’s operations went ignored. Even the employees who worked within the organization ignored them; after all, they had no clue of what was going on. It later turned out that Madoff’s illegal investments were interfering with the legal ones. In fact, during the trial, Madoff admitted hat he transferred millions of dollars from his fraud businesses in London to his legal firm in New York.His fraudulent schemes were so complicated; it is said that it would not be easy to understand his operations in details. He also lied to defend or cover up his acts. For example, in May 2006, he was interviewed by the SEC, and asked whether the equities were traded in Europe, he admitted that they were. The truth was that he always said that he had several trades in Europe, whenever he could not explain the nature of the businesses. There were also no equities being traded in Europe. In many occasions, Madoff’s lies paid him off. Madoff’s accompliceAlthough Madoff was the mastermind schemer, he obviously had an accomplice. Employees confessed that Frank DiPascali, acted as Madoff’s deputy and was responsible for running the business on the 17th floor, the floor where Madoff’s office was. A former trader said that the he was aged 33, but people neither knew what his work really was, nor his title. One employee said that, â€Å"Everyone knew he was a big deal, but he was like a shadow. † (Bandler etal) DiPascali, when arrested, showed his involvement in Madoff’s plan when he started to negotiate a plea deal with federal prosecutors.He offered to uncover the whole scheme and to name names, in exchange for a reduced sentence. However, he had no evidence that there were other family members involved in the Madoff scheme. DiPascali was the facilitator of Madoff’s schemes. He admitted to have manipulated phony returns on behalf of several major investors in Madoff’s business. Some of them include Frank Avellino, is said to have been running the â€Å"feeder fund† and Jeffry Picower, who had to shut down his foundation as it was affected by the losses associated with Madoff.For example, if one of such important clients earned more money on other investments, Madoff would tell DiPascali, who then fabricated a loss with the motive of reducing the tax bill. In my opinion, I would ay that the United States was able to produce such a person as Madoff because besides the fact that he had strong connections, his firm was performing well enough; in fact it offered job opportunities to Americans, while in many ways contributed to the economic development of the United States.Madoff was also able to cover up his shoddy operations effectively, protecting himself from the authorities. An example of such an instance is when he was able to defend himself from the panel in 1991 during the investigations. (Paltrow) He had a clever way to get himself out o trouble. The fact that most people knew him as a philanthropist was enough defense, at least to the mercies. His generous acts like giving donations were just for show, including his donations to the 2008 presidential campaigns, where he funded both candidates.The Madoff case was one of the hardest to be completely uncovered, given that it had been schemed for at least 20 years. It could also be enough reason that Madoff was a clever man since he was able to commit the fraud on his own. If Madoff could have had more funds to pay off his investors in December, then he would have been able to carry on with his Ponzi scheme. His scheme has led to the collapse and closure of several organizations that had invested in his operations. Works cited 1) Bandler J. Varchever N. (April 30, 2009) Ho

Smartphones Comparison Essay Essays

Smartphones Comparison Essay Essays Smartphones Comparison Essay Paper Smartphones Comparison Essay Paper Today with the development of engineering we can have many cell phones or smartphones that are really modern and have many maps. I’m looking for a smartphone that I feel that phone is suited for me. I consider 2 smartphones I choose. It’s the Apple iPhone 4S and the Samsung Galaxy S II. We will compare some characteristics both of them such as: design. screen. processor and operating system so that I can take a smartphones for me. The first thing I want compare the Apple iPhone 4S and the Samsung Galaxy S II are the designs of it. The Samsung Galaxy 2 weighs merely 116g. and its dimension is 125x66x8 millimeter. The Apple iPhone 4s weighs 125g. and its dimension is 115x59x9 millimeter. Both the iPhone 4S and the Galaxy S II expression elegant and smart. If compared on good-looks. the Samsung Galaxy S II is marginally better with singular tenuity. In add-on. the Galaxy S II is besides lighter than the iPhone 4S ( 117 gms versus 140 gms ) . but its constructions is longer and wider. This is rather apprehensible because Samsung uses less metal in the Galaxy S II design. Therefore. if you try to keep both of them. iPhone 4S will experience more steady. The 2nd thing we want to compare is the screens of Galaxy S II and iPhone 4S. The screen of Samsung Galaxy S II is 4. 27-inch. 800 ten 480 post exchange and has a 218ppi. Super AMOLED Plus and iPhone 4S is 3. 5-inch. 960 ten 640 post exchange. 326ppi. LCD. Apparently. the screen of the Galaxy S II is bigger than apple iPhone 4S. If you put the two smartphones side by side. you’ll see the difference that the Galaxy S II allows surfing and watching films with the 4. 27 inch screen. One of the most of import characteristics is the 4. 3-inch WVGA AMOLED screen S2 Galaxy Super Plus. It is one of the brightest things I’ve of all time seen. The screen of iPhone 4S is great. but the screen of Galaxy S II is greater. Another thing. we compare small spot about processor of it ( the Samsung Galaxy S II has Exynos 4210 1. 2GHz and iPhone 4S is A5 1GHz ) . The double processor french friess are produced by Samsung. is dual-core CPU with high velocity. The chief difference lies in the ability to manage artworks. The Galaxy S II integrates rather impressive artworks processor bit Mali400 rather I. However. Apple’s PowerVR SGX543MP2 A5 is more powerful than the Galaxy S II. Thus. the device powers supply Apple with the artworks sm oother than Galaxy S II. The following thing we talk about camera both of them. The Samsung Galaxy S II has camera 8MP and picture entering 1080p. and the iPhone 4S has 8MP camera and picture entering 1080p. As for camera map. the iPhone 4S and the Galaxy S II are equal. The camera has echt high-ranking image stabilisation. good face sensing capablenesss. and can hit in low light conditions. In the current smartphone marke. t the camera of the iPhone 4S and the Galaxy S II is the best 1. The last thing I want to compare is connectivity and operating system. The connectivity of iPhone 4S is 3G. GPS. Bluetooth 4. 0 and Wi-Fi. and the connectivity of the Samsung Galaxy S II is Wi-Fi. DLNA networking. GPS. NFC communications near. 4G ( depending on version ) and Bluetooth 3. 0. Apparently. the Galaxy S II is more connective than iPhone 4S. Although Bluetooth 3. 0 on the Galaxy S II is more rearward than Bluetooth 4. 0 on iPhone 4S. Galaxy S II allows running 4G web – a immense advantage ( the iPhone merely runs 3G web ) . The Galaxy S II besides scored DLNA radio connectivity through applications All Share. the experts rated higher than AirPlay of IOS or even Apple Television. In add-on. operating of the iPhone 4S is iOS 5 and Siri. and the Galaxy S II is Gingerbread Android 2. 3 and 4. 0 interface TouchWiz. About the engineering acknowledge Siri voice control package is an of import point on IOS. As of now. the experts claim iOS 5 has â€Å"learning† all the best things of Android and added to its user interface. It can be said. both the iPhone 4S and the Galaxy S II have great engineering in every characteristic. However. if we compare more badly. the Galaxy S II is marginally better than the iPhone 4S. The dual-core A5 bit in the iPhone 4S is truly innovative. but nil compares with the touch screen of the Galaxy S II. Or more people would hold beloved IOS than Android. merely because â€Å"intelligent assistant† Siri. For me. after comparing in a general manner I feel more like taking the Samsung Galaxy S II than the Apple iPhone 4S.

How to Write a Scholarship Essay

How to Write a Scholarship Essay One of the most anxious moments of going through the application process for a college would be the scholarship essay part. Many people aren’t sure of how to write a scholarship essay. The whole idea of entering college is quite intimidating to the recent high school graduate. When determining how to write a scholarship essay, one needs to keep in mind that everyone else writing this essay is also just out of high school, and therefore, everyone else is intimidated by the process as well. College may be intimidating but you’re going into this along with everyone else that’s at the same level as you are. Once you have this firmly entrenched in your mind, you’ll have a much easier time determining how to write a scholarship essay. Remember when you are sitting down and thinking of how to write a scholarship essay that many people have failed at this simply because they didn’t take it seriously enough. It’s that simple. These are individuals that may have been on the top of their schools with great grades and achievements but if they didn’t put their minds on the task at hand then they most likely aren’t even in the running against you. So, sit down and put your mind to the task and determine how to write a scholarship essay. The first thing one needs to do before deciding how to write a scholarship essay is to analyze the essay question and understand the motivating factor behind the ones asking the question. Thoroughly understand the question and what they are asking for in the essay. Figure out if the question requires one to do research on a topic or if this is strictly based upon your own personal analysis on a feeling or subject. Then find out everything you can about the organization that is giving out the scholarships. Who are they and what are they all about, why are they giving out scholarships? Once you have this completely analyzed, you’re already halfway there in figuring out how to write a scholarship essay. Now the next process to go through in determining how to write a scholarship essay is to set your goals for writing the essay. Use your knowledge of the organization that is awarding scholarships to set your goals. You want to present your essay in such a way that it portrays you in a positive light and make them realize that you are such an individual who would highly benefit from a scholarship. Now it’s time to develop the basic theme of your essay. As soon as you begin thinking of how to write a scholarship essay, you may already have the theme in mind. For others, it may not be so clear. This is where the goals you’ve set and all the information you’ve been able to glean from the motivation behind the essay question comes into play. By taking all those factors and studying them, your theme for the essay should become clear. The next step in how to write a scholarship essay would be to create an outline. Some may feel that this is a waste of time, as they prefer to write in a free flowing way. This may be true for some but in most cases an outline will help to tie the whole manuscript in a tightly controlled manner. You’ll be able to present your ideas in the proper order and cover all the important areas. By referring to this outline in the process of writing, you’ll find that you will stay much more organized and focused on the immediate point at that time. Now, the last but most important step in understanding how to write a scholarship essay is to edit and rewrite. This is probably the step that will make or break your scholarship essay. For those who take the time to thoroughly read the essay from front to back and not be afraid to slash, edit and rewrite again and again, their work will be the ones that grab someone’s notice. The key, when you are wondering how to write a scholarship essay, is to spend as much time researching the organization behind the scholarship and the essay question itself as writing it.