The explosion claimed 11 lives and 205 million gallons of oil spilled into the surrounding ecosystems which made it the largest accidental oil spill in the history of the petroleum industry. In response to the crisis, BP created its “Gulf of Mexico Restoration” website as a form of crisis management to protect and repair its reputation. BP’s “Gulf of Mexico Restoration” website uses these three strategies to try to repair its reputation: highlighting current financial data and reports to show the
Words: 1314 - Pages: 6
Ieva Massehian ECON 303 N. Pulchritudoff March 7, 2015 Robert Reich’s Aftershock: The Next Economy and America’s Future Robert Reich, former secretary of labor in B. Clinton administration and current professor of Public policy in University of California, Berkley starts his 12th book “Aftershock: The next Economy and America’s future” from presenting well known cause of 2008 economic crisis: ““For too long,” Geithner says, referring to the period leading up to the financial bust, “Americans
Words: 1546 - Pages: 7
THE FUTURE OF FORECLOSURE LAW IN THE WAKE OF THE GREAT HOUSING CRISIS OF 2007-2014 Clinical Professor of Law Notre Dame Law School Judith Fox 54 WASHBURN L. J. (forthcoming, 2015) Notre Dame Law School Legal Studies Research Paper No. 1504 A complete list of Research Papers in this Series can be found at: http://www.ssrn.com/link/notre-dame-legal-studies.html This paper can be downloaded without charge from the Social Science Research Network electronic library at http://ssrn.com/abstract=2573203
Words: 21324 - Pages: 86
This morning, we woke up to more sobering news about the state of our economy. The 240,000 jobs lost in October marks the 10th consecutive month that our economy has shed jobs. In total, we've lost nearly 1.2 million jobs this year, and more than 10 million Americans are now unemployed. Этим утром мы осознали больше успокаивающихся новостей о государстве нашей экономики. Эти 240,000 рабочих мест, потерянных в октябре, отмечают 10-й месяц подряд, что наша экономика потеряла рабочие места. Всего, мы
Words: 1767 - Pages: 8
all the other countries’ economies were also growing, at the same time when their economy went down it affected almost all the other importing and exporting countries in the world because of the recent crises which was named as “GLOBAL FINANCIAL CRISIS”. This was meant to be the biggest crises after “THE GREAT DEPRESSION 1930” (Cambridge Journal of Economics, 2009). The crises have already recorded loss of over $150 billion and large numbers of banking institutions have declared bankruptcy or being
Words: 1757 - Pages: 8
Margin Call Margin call is an independent drama film of a investment bank firm that takes place over a 36 hour period after discovering a huge financial crisis that is about to occur. Each character takes part in a story that shows their emotions and actions of how to handle an economic downturn. In the beginning of the movie, many of the employees are being laid off and that includes Head Risk Manager, Eric Dale. Before he leaves, he hands Junior Risk Analyst, Peter Sullivan, a USB of his project
Words: 2037 - Pages: 9
Was fundamental analysis redundant in the period during the Global Financial Crisis (GFC)? 3/21/2014 ABC Was fundamental analysis redundant in the period during the Global Financial Crisis (GFC)? Fundamental analysis is the process of evaluating the value of any security and certificate by analyzing the real time factors, which are based on qualitative and quantitative factors. Economic and the social factors also effect while you are finding out the intrinsic value of any security or
Words: 1859 - Pages: 8
The documentary “Inside Job” is based on the financial crisis of 2008. It takes a look at all the relative players and their roles in the crisis. The movies highlights the bankers, big business, the politicians and even the academic arena and how their decisions caused one of the greatest recessions and global economic crisis in history. This recession resulted in: cost the world 10+ trillions of dollars; 30 million unemployed; and doubled national debt of US. What happened? The movie starts
Words: 540 - Pages: 3
understand by the term Global Economic Crisis of 2008? Identify and explain some of the causes. Global Economic Crisis of 2008 was known as the biggest financial crisis after the Great Depression of 1930s. In September 2008, one of the most venerable and biggest investment bank, Lehman Brothers was forced to declare itself bankrupt, and the world’s largest insurance company, AIG collapsed. The financial collapses of these companies triggered the global economic crisis, with Asian stocks slammed by;
Words: 1479 - Pages: 6
COMMUNICATION STRATEGY MEMO TO: MR. WALTER MARTINSON, AEI PRESIDENT FROM: DIRECTOR OF CORPORATE COMMUNICATION SUBJECT: STRATEGY PLAN DATE: 1/11/2010 In light of the complaints from residential customers about the water taste and odor in Cobb County, the Executive Committee has authorized the development of a Strategy Action Plan by Administration that would explore issues, raise questions, and provide essential information to assist in protecting employees and customers in the event of any
Words: 498 - Pages: 2
