Alternatives to Affirmative Action

Options in contrast to Affirmative Action Free Online Research Papers Governmental policy regarding minorities in society is one of the most disputable arrangements at any point established by the United States government. Under Affirmative Action, ladies, African Americans, and different minorities are given particular treatment at the point when they go after positions and additionally admission to school. Sometimes, this has implied that certified candidates who are white guys have been ignored for less qualified minority or female candidates. The individuals who bolster Affirmative Action guarantee that the arrangement is important to conquer a very long time of past separation and different impediments that minorities and ladies have confronted. The individuals who contradict the arrangement call attention to that that Affirmative Action is simply one more type of segregation, aside from for this situation it is separation that is intentionally coordinated against white guys. Rivals of Affirmative Action additionally guarantee that the strategy settles for the status quo and detracts from the achievements of genuinely qualified ladies and minorities. Governmental policy regarding minorities in society programs have fundamentally improved decent variety on America’s school grounds. Nonetheless, there have been numerous legitimate and authoritative difficulties to particular treatment dependent on race (U.S. Commission on Civil Rights, 2002, Executive Summary). Different options in contrast to the quantities and particular treatment of minorities under Affirmative Action have been proposed, including the option of completion Affirmative Action by and large. A satisfactory option would need to give chances to minority understudies without oppressing white guys. Californias way to deal with confirmations Schools in California are restricted by state law from utilizing race, religion, sex, shading, ethnicity, or national root as rules for school confirmation (U.S. Commission on Civil Rights, 2002, Chapter Two Percentage Plans). California has attempted a few diverse confirmation arrangements for its University framework. Under one arrangement, no under 50 percent to 75 percent of understudies would be conceded dependent on their scholarly accomplishments. This arrangement was eliminated and supplanted with an arrangement that gave programmed admission to understudies who graduated in the best 4 percent of their secondary school class. This arrangement was supplanted in November 2001 with an arrangement in which understudies were considered for evaluations and grades, yet in addition for proof of such characteristics as inspiration, authority, scholarly interest, and activity (U.S. Commission on Civil Rights, Chapter Two Percentage Plans). Every one of these plans shows guarantee. Rate plans give some assurance that non-minority understudies won't be oppressed based on their race. Simultaneously, these plans additionally give an approach to minority understudies who may not in any case fit the bill for admission to be thought of. The 4 percent plan remunerates the best understudies for their achievements without punishing different understudies. In spite of the fact that the rate plans are not great, they are more reasonable than frameworks that place more accentuation on race than they do on scholarly accomplishment. Texas Top Ten Texas ensures school admission to the main 10% of understudies from each graduating class (Watson Levin, 2004). Like the California plan, the Texas Top Ten arrangement ensures that no exceptionally qualified understudies will be ignored based on race. The arrangement doesn't, in any case, ensure that lower accomplishing understudies will have equivalent access. Shockingly, the Texas plan has brought about certain issues. The arrangement sees no difference amongst understudies from higher accomplishing schools and understudies from schools that are less thorough. Some best ten understudies are showing up at school to find that they are not readied. Widespread Admissions Another conceivable option in contrast to Affirmative Action is permit all understudies who need to go to school to do as such. Under the current framework, an advanced degree is a benefit, not a right. A general affirmation strategy would change that and would give all understudies the privilege to an advanced degree, similarly as all kids in the United States are presently qualified for free instruction in grades Kindergarten through High School. One of the contentions made for Affirmative Action is that minority understudies can succeed whenever they are given the opportunity. Settle for less for minorities are intended to make up for any absence of instructive open doors these understudies may have had while they were growing up. The hypothesis is that once these understudies are furnished with a similar chance, they will have the option to make up for lost time. An all inclusive affirmation strategy would dispose of all scholarly and other measures for school confirmations and permit all understudies, paying little heed to their past scholastic presentation, to go to school. Under a widespread confirmation strategy, the main standards that would be applied would be whether the understudy could bear to pay for classes. This may appear to be uncalled for to a few. Be that as it may, understudies who couldn't bear the cost of educational cost could meet all requirements for grants, awards, and credits similarly as they do now . One possible issue with a general confirmation plan is the absence of room at schools. On the off chance that everybody is permitted to go to for at any rate one year, at that point it is conceivable that there would not be sufficient educators and different assets to go around. In any case, this issue could be fathomed using Community Colleges, separation learning, and different other options. All inclusive confirmation is the main genuinely reasonable approach to give equivalent chance to all understudies. It takes out the inclination of Affirmative Action and permits understudies who may have performed inadequately in secondary school to have in any event an opportunity to demonstrate that they can prevail in school. References U.S. Commission on Civil Rights (2002). Section Two-Percentage Plans Beyond Percentage Plans: The Challenge of Equal Opportunity in Higher Education. Recovered on October 12, 2004, from usccr.gov/bars/percent2/ch2.htm U.S. Commission on Civil Rights (2002). Official Summary. Past Percentage Plans: The Challenge of Equal Opportunity in Higher Education. Recovered on October 12, 2004, from usccr.gov/bars/percent2/summ.htm Watson, B. also, Levin, M. (2004) The Texas Top Ten Percent Rule: Bad Policy, Good Politics. Austin Review. July 9, 2004. Recovered on October 12, 2004, from texastop10.princeton.edu/exposure/AustinReview070904.pdf Examination Papers on Alternatives to Affirmative ActionStandardized Testing19 Century Society: A Deeply Divided EraAnalysis of Ebay Expanding into AsiaInfluences of Socio-Economic Status of Married MalesPETSTEL investigation of IndiaCapital PunishmentHip-Hop is ArtPersonal Experience with Teen PregnancyOpen Architechture a white paperWhere Wild and West Meet

Obama Research Paper Example | Topics and Well Written Essays - 1250 words

My Externship Experience Essay Example For Students

My Externship Experience Essay Externship is having a chance to use your hands on abilities and bring you one bit nearer to your profession. The Medical Assistant Management program at the College of Westchester set me up well for Practicum at Dr. Lawerance Neshiwats Endocrinology and Internal Medicine Office in Mount Vernon, New York. Endocrinology is the investigation of the clinical parts of hormones, including ailments and conditions related with hormonal awkward nature. I held the situation of a front work area secretary and clinical colleague. My day by day obligations during my externship were getting calls , where patients will plan or reschedule arrangements. Additionally as patients came in for arrangements, I would set up their diagram and make another outline for any new patients. During my personal time, I took the opportunity to fax papers, for example, remedies to drug stores, nursing homes, lab results and so on. After the fax had an affirmation, I would staple the affirmation to the first and document the paper in order request , later the essential records would be placed in the patients outline. I likewise was in control in ensuring all the rooms were loaded up with a patient for the specialist to see. When Dr. Neshiwat would comes out of stay with a patient, he ordinarily would gives me their solution where I made a duplicate. He would likewise request that I give them any glucose testing machines, test strips and medication tablets. Whenever I had the open door I was permitted to help patients which implies I was committed to record the explanation of the visit ( boss protest), perform EKG, and spirometry, hold crucial signs ( stature, weight, circulatory strain), glucose testing if necessary and get ongoing lab results. During the most recent hour of my day, I would begin pulling graphs for patients who had an arrangement for the following day, wrap up my messages that were recorded, make envelopes for the specialist, for example, signature, lab result callbacks, and surveys. In spite of the fact that I played out a couple of things I learned in class ,there were still things somewhat unique, for example, EKG. I learned in school that EKG leads on limits were put on the wrist and lower leg, however in my externship they favored me to put the leads more on the upper arm and upper leg. I knew to perform legitimate hand washing when each patent to yet I saw that the associates didnt , however they wore gloves during blood and pee introduction. I heard data about patients by name coursing through the workplace, which is against HIPAA. I had elevated requirement that I will be told appropriately and everybody would be decent, at that point reality hit me. My first day, I was shown before long, which was a sink or swim. There were a couple of times where I was shouted at for either erroneously accomplishing something or not realizing how to do it, however my idea was how would you anticipate that me should simply know whether I wasnt educated appropriately  . They anticipated that me should know it all since I was recently out of school. On a positive note, I was prepared how to do a spirometry, which is utilized to survey how well your lungs work by estimating how much air you breathe in, the amount you breathe out and how rapidly you breathe out. Spirometry is likewise used to analyze asthma, ceaseless obstructive aspiratory infection (COPD) and different conditions that influence relaxing. I found out about medical coverages, where we would check whether patients were qualified or affirmed for the visit. Something else we would do was check for any exceptional adjusts, copays and if referrals are required. My coach told me the best way to ask for and get an endorsement for persistent s MRI testing of the cerebrum, chest and thyroid organ at St. Johns Hospital. I would get numerous outcomes, for example, labs, blood, MRI and so forth. These new abilities that I picked up can be prescribed to be educated to clinical understudies in the College of Westchester. I feel that it is essential to recognize what health care coverages are out there other then Medicare and Medicad on the grounds that really a few understudies just know the basic ones. .u9f6c4bd6d5e556d9d3c365c42e5f9cea , .u9f6c4bd6d5e556d9d3c365c42e5f9cea .postImageUrl , .u9f6c4bd6d5e556d9d3c365c42e5f9cea .focused content zone { min-tallness: 80px; position: relative; } .u9f6c4bd6d5e556d9d3c365c42e5f9cea , .u9f6c4bd6d5e556d9d3c365c42e5f9cea:hover , .u9f6c4bd6d5e556d9d3c365c42e5f9cea:visited , .u9f6c4bd6d5e556d9d3c365c42e5f9cea:active { border:0!important; } .u9f6c4bd6d5e556d9d3c365c42e5f9cea .clearfix:after { content: ; show: table; clear: both; } .u9f6c4bd6d5e556d9d3c365c42e5f9cea { show: square; progress: foundation shading 250ms; webkit-change: foundation shading 250ms; width: 100%; mistiness: 1; change: haziness 250ms; webkit-change: murkiness 250ms; foundation shading: #95A5A6; } .u9f6c4bd6d5e556d9d3c365c42e5f9cea:active , .u9f6c4bd6d5e556d9d3c365c42e5f9cea:hover { obscurity: 1; change: darkness 250ms; webkit-change: mistiness 250ms; foundation shading: #2C3E50; } .u9f6c4bd6d5e556d9d3c365c42e5f9cea .focused content zone { width: 100%; position: relative; } .u 9f6c4bd6d5e556d9d3c365c42e5f9cea .ctaText { outskirt base: 0 strong #fff; shading: #2980B9; text dimension: 16px; textual style weight: intense; edge: 0; cushioning: 0; content enrichment: underline; } .u9f6c4bd6d5e556d9d3c365c42e5f9cea .postTitle { shading: #FFFFFF; text dimension: 16px; textual style weight: 600; edge: 0; cushioning: 0; width: 100%; } .u9f6c4bd6d5e556d9d3c365c42e5f9cea .ctaButton { foundation shading: #7F8C8D!important; shading: #2980B9; fringe: none; outskirt span: 3px; box-shadow: none; text dimension: 14px; textual style weight: striking; line-stature: 26px; moz-outskirt sweep: 3px; content adjust: focus; content design: none; content shadow: none; width: 80px; min-tallness: 80px; foundation: url(https://artscolumbia.org/wp-content/modules/intelly-related-posts/resources/pictures/basic arrow.png)no-rehash; position: total; right: 0; top: 0; } .u9f6c4bd6d5e556d9d3c365c42e5f9cea:hover .ctaButton { foundation shading: #34495E!important; } .u9f6c4bd6d5e556d9d3c365c 42e5f9cea .focused content { show: table; tallness: 80px; cushioning left: 18px; top: 0; } .u9f6c4bd6d5e556d9d3c365c42e5f9cea-content { show: table-cell; edge: 0; cushioning: 0; cushioning right: 108px; position: relative; vertical-adjust: center; width: 100%; } .u9f6c4bd6d5e556d9d3c365c42e5f9cea:after { content: ; show: square; clear: both; } READ: Rain timberland Depletion EssayMy involvement with Dr. Lawerance Neshiwats office was not what I anticipated. I had the idea of everything would have been simple and somewhat hard with least fun. I had exclusive requirement in light of the fact that in school I was encouraged that in the field things will be proficient, yet inside my first experience I experienced amateurish work. I wouldnt suggested this office for approaching understudy. In spite of the fact that I wouldnt suggest the workplace , I will say this can be a learning experience for approaching understudies since I figured out how clinical workplaces work actually. This can be an eye opener for understudies who expect all that they learned will be done in a clinical office. This office can show understudies how not to expect what you realize in class to be actually done in clinical office which will give them a sample of the real world. During my externship venture, I was in scan for a clinical collaborator work. Around my most recent couple of long stretches of my externship I got brought in for a meeting at Dr. Patels office. I landed the position, yet they needed me to work promptly which I couldnt do on the grounds that I had externship hours that must be finished. They inquired as to whether I was happy to leave my externship and finish my hours at their office and afterward after my hours were finished they will enlist me. Obviously I had the respect in inquiring as to whether I can proceed with my externship at Dr. Patels office. I got the endorsement to switch externship and since I been at Dr. Patel. In the mean time, I make some full memories work at Dr. Patels office as clinical aide and furthermore I am a cordial active barkeep at your neighbor barbecue, Applebees. Since my excursion is reaching a conclusion, I will get a kick out of the chance to proceed with my instruction in an alternate school where I have the chance to get my Bachelors certificate in Biology and furthermore get into a Pre-Med program. I will likely go to clinical school and become an OB/GYN specialist. I got acknowledged to numerous schools, for example, St. Johnss University and Mercy College, yet lamentably because of monetary guide, I won't have the option to go to a school right now. I cannot bear the cost of school at the present time, since my mom is experiencing hardships like losing her employment. I won't surrender my fantasy in turning into a specialist.

Surgery by text message - Emphasis

Medical procedure by instant message Medical procedure by instant message For the first time ever, a positive anecdote about content informing is doing the rounds. A specialist has taught another to play out a removal through the short message administration (SMS messaging to you and me). The subtleties have the elements of a great report. Shock for one (most tales about messaging are negative eg censuring it for slaughtering the English language). At that point there is Death and demolition (the BBC announced that the specialist who completed the activity did it in war-torn Congo); and Heroism (he was working for Medecins sans Frontieres). What's more, theres the way that the removal (Drama) was to evacuate the arm of a 16-year-old kid (kids are likewise normally exceptionally newsworthy). Lets get straight to the point. This was without a doubt an immense accomplishment, particularly as the young person recouped from the activity. Its likewise wonderful that modest innovation would now be able to be utilized to transmit composed guidelines into combat areas. However, was it me, or did James Naughtie of the BBCs lead Today morning radio program sound only a little baffled when vascular specialist Mr David Nott clarified what truly occurred? Mr Nott had expected to play out a four-quarter removal on the kid, whod effectively lost the vast majority of his arm. This was significant medical procedure, which included evacuating the collarbone and shoulder bone just as what survived from the arm itself. Be that as it may, the explanation behind requiring the directions was not that hed never played out a removal. Or maybe, it was that there was just a single pro in the entire of the UK who spent significant time in four-quarter removal: Professor Meirion Thomas of Londons Royal Marsden Hospital, a previous associate of Mr Nott. Mr Nott didn't play out the activity with a surgical tool in one hand and his cell phone in the other, as you may construe from press reports. Rather, hed tranquilly messaged Professor Thomas the night prior to the activity, clarifying the circumstance and checking with his previous coach that the strategy was fitting. At the point when he got affirmation that it was, a couple more messages followed to check the subtleties. He at that point dozed on the choice and affirmed that he would proceed when he got up the following morning. Nor was Professor Thomas on vacation in the Azores, as the BBC and a few papers said; he was in London. (Naughtie mumbled something along the lines of, Oh, well we got that from the papers.) There are two exercises to take from this. To begin with, it will assist you with getting news inclusion for your association on the off chance that you ensure your official statement contains however many center news esteems as could be expected under the circumstances. Second, most news you peruse or hear revealed is a long way from objective. The BBC was all the while revealing nine hours after the fact that the kid was from war-torn Congo. This was in spite of the way that, as indicated by Mr Nott, his physical issue had nothing to do with the war: the young men arm was gnawed off by a hippo. Accentuation runs seminars on composing for distribution. Get in touch with us for subtleties. For additional on getting public statements saw, click here.

Use Is_String to Check if a Variable Is a String in PHP

Use Is_String to Check if a Variable Is a String in PHP The is_string() PHP work is utilized to check if a kind of factor is aâ string. A string is an information type, for example, skimming point or whole number, however it speaks to content instead of numbers. A string utilizes a lot of characters that incorporates spaces and numbers. For example, a location, for example, 1234 Broadway and the sentence I ate 3 franks contain numbers that ought to be treated as content, not as numbers. Step by step instructions to Use the Function Is_string is utilized inside an if () explanation to treat strings in a single manner and non-strings in another. It returns valid or bogus. For instance: ?php if (is_string(23)) {echo Yes;} else {echo No;}? The code above should yield No in light of the fact that 23 isn't a string. Lets attempt this once more: ?php if (is_string(Hello World)) {echo Yes;} else {echo No;}? Since Hello World is a string, this would reverberate Yes. Indicating a String A string can be indicated in four different ways: Single quotedDouble quoted Heredoc syntaxNowdoc Syntax Every one of these techniques requires severe adherenceâ to PHP rules, which are accessible at the PHP site. The most straightforward strategy, single-cited strings, requires unique treatment when strict single quotes or exacting oblique punctuation lines show up in the string. Incorporate an oblique punctuation line before the single quote or oblique punctuation line inside the string. The model beneath outlines this treatment: ?php// Outputs: Arnold said: Ill be backecho Arnold said: Ill be back;// Outputs: I deleted C:*.*?echo I deleted C:\*.*?;? Comparable Functions is_float() †decides whether the sort of factor is floatis_int() †decides whether the kind of factor is integeris_bool() †decides whether a variable is a booleanis_object() †decides whether a variable is an objectis_array() †decides whether a variable is a cluster

The 12 Worst Financial Scandals In History

The 12 Worst Financial Scandals In History The 12 Worst Financial Scandals In History The 12 Worst Financial Scandals In HistoryFrom Ponzi pranks to the infamous Eiffel pilfer, these financial scandals are as juicy as they are insane.  Updated: June 11, 2018If Olivia Pope has taught us anything, its that everyone loves a good scandal. And when it comes to managing money, theres a whole lot of room for screw-ups, cover-ups and everything in between. So lets take a stroll back in time, and revisit a dozen of the craziest financial flukes in the history of cash.1. The Panic of 1792In the early days of America, a pair of bankers named Alexander Malcomb and William Duer attempted to buy up all the U.S. debt securities offered by the First Bank of the United States. Unfortunately,  Malcomb and Duer decided the best way to pay for these securities would be to, uh, not actually pay for them. They cooked up a scheme to buy the debt securities using fake personal loans they gave to each other, and this had the effect of driving the price of securities way up.  When their fake l oans collapsed and their creditors came a’ knocking, the prices for securities fell, sparking a bank run. Luckily, Treasury Secretary (and very good rapper) Alexander Hamilton was able to stabilize the market and prevent the (still very young) U.S. economy from collapsing. Lets call it Babys First Wall Street Crash.2. The Teapot Dome Scandal  This scandal might have a silly name, but its the reason why President Warren G. Hardings is always listed high up on all those Worst Presidents Ever clickbait articles.  In 1922, Harding’s Secretary of the Interior, Albert Bacon, leased the oil reserves at Teapot Dome Oil Field in Wyoming to an oil exec named Henry F. Sinclair for much, much less than they were worth. In return, Sinclair showered Bacon with hundreds of thousands of dollars in gifts, bribes, and interest-free loans. Once the scheme was exposed, Bacon became the first-ever Cabinet member to go to prison.3. The Original Ponzi SchemeCharles Ponzi was an Italian con man who ope rated throughout the U.S. and Canada in the early 20th century. In 1920, he became famous for the scheme that now bears his name. Essentially,  Ponzi would ask people to invest in his business, promising them a 50 percent profit in 45 daysâ€"kind of like a reverse payday loan. And for a while, it seemed to be working. Investors began to get back their returns as promised, and they were so jazzed about it that they reinvested their money immediately back into his business.Everything was going great until, suddenly, it wasn’t. It turns out that Ponzis crazy returns werent the result of shrewd trading. In fact, Ponzi was simply using money from new investors to pay out profit to old investors. Because so many people were reinvesting, he was able to keep the scheme going for a long time. All in all, the losses from Ponzi’s scheme totaled $20 million, and he went to prison. But while Ponzi himself stopped, his scheme continued. Lets just say this wont be the last time you see a Ponzi scheme on this list.4. Selling the Eiffel Tower“One of the greatest financial scams in history was carried out by the villain Victor Lustig, said  Sacha Ferrandi, founder and CEO of Source Capital Funding, Inc.  (@sourcecapital). Otherwise known as the man who sold the Eiffel Tower …twice.Well let  Ferrandi tell the rest of the story herself:A Hungarian immigrant to the United States, Lutstig took the country by storm and enacted a series of cons for a whopping 13 years. Of the many cons he concocted, his Eiffel Tower scheme was the greatest.In 1925, Lustig traveled to Paris and learned that the Eiffel Tower was badly dilapidated, an expensive nuisance leftover from the 1889 Paris Exposition. He decided to capitalize on this, and dubbed himself a new government official that had the rights to tear down the tower and haul away the scraps.In an intimate meeting with scrap metal dealers, he explained that the city was going to scrap the tower in secret, selling it to the highest b idder. One dealer put down a hefty cash bid to tear down the tower, and after going to government officials to secure his prize, he realized he had been duped. The poor chump was so embarrassed he didn’t report it to the authorities, allowing Lustig to head back to Austria.After a while of following Parisian news and not hearing anything about the tower scam, Lustig returned to Paris to enact his scheme once more. Unfortunately for Lustig, the second victim reported him to the authorities, and he was forced to flee Paris for refuge.Known as one of the most charming con men of all time, his name Count Victor Lustig destined him to be a villain.”5. Ivar Kreuger, the Match KingIf you bought a match in the 1920s (and who didnt??) odds were good that you were contributing to Swedish industrialist and financier Ivar Kreuger’s global fire-starting empire. In the aftermath of World War I, Kreuger amassed an international monopoly, owning around 75 percent of match producers worldwide, earning him the nickname “The Match King.” But when the stock market crashed in 1929, some of the more “innovative” accounting practices that Kreuger had invented to keep his empire float were revealed. And they extended well beyond match sales.In short: Kreuger had made the businesses seem far more profitable than it actually was. In 1932, as his vast web of financial schemes collapsed, Kreuger shot himself in a Paris hotel room. These complex accounting frauds and vast global losses would not be seen again until the 2000s. (Keep reading. We’ll get there.)6. Barry Minkow and ZZZZ Best CleanersIn the 1980s, supposed “whiz kid” Barry Minkow started a carpet cleaning business called ZZZZ Best Cleaners. The business grew quickly, mostly due to its successful “insurance restoration” work, which allowed it to secure some pretty big loans and investments. The company went public in 1986 and was in talks to purchase other large carpet cleaning companies to expand its rea ch even further, but in 1987 the whole thing came crashing down.Turns out, ZZZZ Best Cleaners was actually a massive Ponzi Scheme. While the businesss carpet cleaning service was legitimate, its “insurance restoration” division was run by the ghost of Charles Ponzi, and the investors whod put so much money into the company were left in a lurch. Minkow was arrested and sentenced to 25 years in prison but was released in 1995. (He has since gone back to jail forâ€"among other thingsâ€"defrauding his church. What a mensch.)7. Charles Keating and The Savings Loan ScandalIn the US in the late 80s and early 90s, over a thousand savings and loan associations failed, leaving massive losses and costing investors and taxpayers hundreds of billions of dollars. The poster child for this crisis was financier Charles Keating who acquired Lincoln Savings and Loan in 1984 and promptly had them make a bunch of risky (but potentially more profitable) bets and investments. After years of mounting losses that were kept hidden from regulators, Lincoln Savings and Loan (and the company that owned it) went bankrupt in 1989. The firm was seized by the US government and Keating was sent to jail. Bondholders lost over $250 million, and the government ended up on the hook for $3.4 billion.8.  Albanian Pyramid SchemesGenti Cici, CFP, Founder and CEO of StandUP Advisors  (@StandUPAdvisors), was born and raised in Albania, immigrating to the US in 1998. He told us the story of the Albanian Pyramid Scheme crisis:“In the early 1990s, Albania was coming out of almost 50 years of a very harsh communist regime. The country was opening up to having different political parties, freedom of speech, religion and even private property and investments, which up to then were not allowed. I was a teenager at the time and all of this was new, exciting, and of course unknown.The first time I heard about what we now know as ‘pyramid schemes’ was about a ‘system’ where you would purchase a †˜ticket’ and then you would tell more people to do the same eventually getting you to the top to be paid. In the early 90s these systems were almost underground, but in the mid-90s almost everyone I knew was involved and ‘invested’ in one or another firm that popped up everywhere across the country managed by ‘interesting’ people with really no background in investing, economics or business.At first these firms, which had no real investments to show, were paying 7-10% per month interest (very high by any standard), but in the heat of competition from one another and closer to the top of the bubble, some of the firms around 1996 were paying 3 times your money in 3 months, an almost 100% return per month â€" crazy to hear now, but then almost all were in, some even selling their homes and even their livestock to invest.These pyramid schemes affected many people deeply as they wiped out almost all of their savings and, looking back, this could have been easily detected by fin ancial experts, but almost all, including the government, were enjoying the benefits of prosperity (even if a fake one).At the end, this dark episode in financial illiteracy cost Albania way too much. Not only in lost wealth, but also in lives, as almost 2,000 people died in the anti-government protests and chaos that followed when all the pyramid schemes collapsed in 1997. The government fell, the military and police force was almost nonexistent, the military armories were looted and kids were walking down streets with AK-47s. As a Certified Financial Planner (CFP) now, I’m doing my part to promote financial literacy to all around US, as I know first-hand probably the worst experience of financial illiteracy.”9. EnronIn the year 2000, you would be hard-pressed to point to a more successful company than Enron, a Texas-based energy company that was worth an estimated $60 billion.But that all came to a swift halt by the end of 2001. Because all that success Enron was having, was a ctually just a big, fat whopper. Sure, it looked like the company was just raking in the cash, but that outstanding revenue and company growth wasnt happening because of next-level business initiatives. The company was actually losing money, but through a lot of illegal accounting gymnastics, they reported that they were profiting in the billions. What they were doing is called mark-to-market accounting, where they based the value of their securities on their current market value, and not on their actual book values.According to Investopedia, In Enrons case, the company would build an  asset,  such as a power plant, and immediately claim the projected  profit  on its books, even though it hadnt made one dime from it. If the  revenue  from the power plant was less than the projected amount, instead of taking the loss, the company would then transfer the asset to an off-the-books corporation, where the loss would go unreported. This type of accounting enabled Enron to write off unnpro fitable activities without hurting its  bottom line.When this massive coverup was brought to light, it took down everyone from Enron CEO Kenneth Lay, COO Jeffrey Skilling, countless other Enron executives and their accounting firm, Arthur Andersen. To add insult to injury, the Houston Astros had to rename their stadium  from Enron Field to Astros Field (its now the Minute Maid Park).At the time it happened, Enron’s downfall was largest corporate bankruptcy in American history. But it was quickly unseated from its perch by the next entry on our list 10. WorldcomBefore it filed for bankruptcy in 2002, Worldcom was the second-largest telecommunications company in the country. But when the company’s internal auditors discovered $3.8 billion in fraudulent revenues from 1999 to 2002, things went south in a hurry. Worldcom would eventually file for bankruptcy, costing investors $180 billion and 30,000 people their jobs.Personal finance blogger Jon Dulin of MoneySmartGuides.com (@MoneyS ma) was one of those investors:“I first bought into Worldcom back in 1999. It was my second stock investment. That summer, news started trickling out that Worldcom and Sprint would be merging. Worldcom stock was popping $5 a day. I was excited and waited for the news bump the stock got to cool off. That fall, I bought more shares as Worldcom reported good earnings.Fast forward to 2000, and news broke that the merger was called off. The stock took a hit, so I bought more shares. I never bought because of the potential merger, I bought because I thought Worldcom was a solid company. And I felt it still was even though the merger was called off. Even as the stock price continued to drop, I (now foolishly) bought more. In 2002, the news broke about the SEC investigating the company and the stock dropped to $6. At this point, the majority of my investment was wiped out and I did what many investors doâ€"I held on hoping for a miracle. That never came and the stock became worthless and I wrote the entire loss off.In all, I lost just over $6,000. Not a ton, but I was in college when I started investing and just out of college when the SEC started their investigation. So to me, it was a lot of money!”11. The Lehman Brothers BankruptcyThe financial crisis of 2008 was bad news for a lot of companies operating within the finance sphere. But no other company took it harder than Lehman Brothers, a 150-year old investment bank that filed for Chapter 11 in 2008, citing  $639 billion in assets and $619 billion in debt.Like many other institutions, Lehman Brothers had bet big on the housing marketâ€"and on subprime mortgages in particular. When the bottom fell out of the U.S. housing market, Lehman Brothers looked down and realized that they were in for a long drop. It was later revealed that, in the months before their bankruptcy filing, Lehman Brothers had tried to hide the extent of their losses by disguising $50 billion in subprime mortgage debt as $50 billion in cash. No one was ever prosecuted for this due to a lack of evidence.12. Bernie MadoffThe thing about Ponzi Schemes is that they constantly need new money coming in to sustain the illusion that they are a legitimate investment opportunity. Turn off the money spigot, and the whole thing dries up in a hurry. When the money stopped flowing during the financial crisis of 2008, it wasn’t too long before the Ponzi scheme being run by financier Bernie Madoffâ€"the largest one in U.S. historyâ€"was revealed for all to see. Madoff committed an estimated $64 billion in fraud and was sentenced to over 150 years in prison. Madoff’s scheme can still be felt today by the New York Mets, whose owners, the Wilpon Family,  invested approximately $500 million  in accounts with Madoff.Robert Siciliano,  CEO of  IDTHeftSecurity.com  (@RobertSiciliano) told us, “The best way to avoid being taken by a Ponzi Scheme is to make an effort to understand how the system is supposed to work.” He recommends that you take the following precautions recommended by The North American Securities Administrators Association:Contact your state or provincial securities regulator to see if the investment vehicle and the person selling it are registered.Contact your local Better Business Bureau to see if any complaints have been filed against the venture’s promoters or principals.Deal only with financial advisers, broker-dealers or financial institutions that have a proven track record.Ask for written information on the investment product and the business. Such information, including financial data on the company and the risks involved in the investment, is contained in a prospectus.Don’t take everything you hear or read at face value. Ask questions if you don’t understand, and do some sleuthing for yourself.Steer clear of investments touted with no downside or risk.“But these tips wouldn’t be enough to prevent someone like Bernie Madoff from making a convincing play for your money,” saID Siciliano. “Bernie Madoff was a financial adviser who got away with his fraud because he controlled his clients’ assets and falsified the documentation. If you invest with a financial advisor that generates his own statements, you are at risk.”He added: “A financial adviser or broker should only have access to your funds in order to manage them, not to control them. They shouldn’t be able to withdraw funds without your consent. And they should never have the ability to move funds without your awareness.”To learn more about historys greatest scams, and to stay safe from present-day conmen, check out these related pages and articles from OppLoans:5 Free Money Scams to AvoidLoan Scams: 6 Warning Signs You Need to Know10 Common Scams: How They Work and How to Avoid ThemYour Guide to Cash Advance ScamsThere are tons of major financial scandals that we weren’t able to include on this list. If there’s one you would like to see us write about, let us know! You can  Email us  or get in touch on  Facebook  and  Twitter.Visit OppLoans on YouTube | Facebook | Twitter | LinkedINContributorsGenti Cici,  (@genticici) born and raised in Albania, immigrated to the  US in 1998 and is now the Founder/CEO of StandUP Advisors, a company founded with the idea that financial literacy, planning, and real advice are key to living a life fulfilled, with meaning and less stress. He and his wife are on a mission traveling across the  US in an RV to promote financial literacy seminars at universities, colleges, businesses and communities and provide solutions helping all towards their path to Financial Freedom. He’s been involved in finance, investment advice, and planning for the last 15 years, and is also a Certified Financial Planner (CFP), CAIA Charter holder and has an MBA in Finance. You can reach him at Genti@StandUPadvisors.com or on the web at StandUPAdvisors.com.Jon Dulin, (@MoneySma) is a personal finance blogger at MoneySmartGuides.com. He has worked in the financial services industry for over 10 years in various roles and has been an avid investor for close to 20 years.Sacha  Ferrandi, is the Founder of Source Capital Funding, Inc. (HardMoneyFirst.com) and is an expert in finance, entrepreneurship, and real estate. Source Capital Funding, Inc., is based in San Diego and operates across the United States.Robert Siciliano, CSP  (@RobertSiciliano) is an American security analyst, author and media personality. He is the CEO of IDTheftSecurity.com and delivers presentations throughout the United States and Canada on identity theft protection and personal security, including self-defense. Siciliano is also the author of four books, has appeared on programs such as The Today Show, Anderson Cooper 360 °, CNN, MSNBC, Fox News, CNBC, and has been quoted in USA Today, Forbes, New York Times, Los Angeles Times, Chicago Tribune and Boston Globe, among other publications.

What is one Influential Women in History Essay - 550 Words

What is one Influential Women in History you Would like to Talk to and Why? (Essay Sample) Content: What is one influential women in history you would like to talk to and why?Name of student:Institutional affiliation:Margaret Thatcher; the influential woman I would like to talk to.In life, there are people who inspire us in one way or another. Whereas some inspire us though their acts of mercy, some inspire us through the roles and the experiences that they undergo in life. The objective of this paper is to look at some of the reasons why I feel that Margaret Thatcher is one of the most influential women in history. By analyzing the life of Margaret Thatcher, I intend to give some of the reasons I would like to have one on talk with this wonderful woman though she died long time ago.I would like to talk to Margaret because she was the first female Prime minister of the United Kingdom (Bill, 2014). I would like to ask her how she managed to get this post at a time when male chauvinism was at its peak in the World. I would particularly ask her why she decided to co ntest against Heath to become the first woman to not only lead a political party but to also become the opposition leader; a post that she would use to become the prime minister. Moreover, given a chance to speak to Margaret, I would ask her how she managed to serve for three consecutive terms despite the opposition that she faced from some people.I would also like to talk to Margaret to find out how she managed her family life and politics. It is important to note that; Margaret was married to Dennis Thatcher. From this marriage, they had two children. It is quite strange that despite the high position that she had in the country, she was still a family woman, who showed a lot of respect to her husband. Interestingly, Margaret was known to be an Iron Lady because of her high-handedness in political issues. However, she did not exhibit this trait in her family (Waxman, 2013).As a leader, Margaret had enemies and friends alike. This can be shown by the several nicknames that she had . Some of the names included, Milk Snatcher, Attila the Hen, and Iron Lady (Waxman, 2013). I would like to talk to her and ask her why she had all these names. I would also ask her if she liked being referred to by these names. In relation to this, I would also like to ask Margaret...