Pre-1914 prose study Essay Example for Free

Pre-1914 prose study Essay It reminds the reader that it is a gothic story. The last story called, The Superstitious Mans Story isnt what is described to be typically gothic, however, and it does include gothic elements. This story isnt typically gothic because it doesnt definitely have murders or doppelgangers; the story just persuades the reader to assume that those things are the solution to the story. This is clear because in the story when the villagers say that they had seen the man, they could have been mistaken. Thomas Hardy only uses one technique in the story which is a simile. The simile is, sleeping as sound as a rock. He uses this simile to show that there was no sign as movement so there is no real proof he was there. In The Red Room, H. G Wells uses the techniques repetition to convince the reader that there is something significant of that room. He uses personification, for example when he describes the shadow to be mocking the characters action so that the reader can imagine that in the room it feels like youre being followed. He uses an effective setting in the red room with dark, daunting colours. Finally he uses metaphors and similes to help the reader picture the room as he describes it. In Confession Found in a Prison, Charles Dickens uses similes and metaphors to emphasise the mans feelings, he used personification to describe his feelings of guilt and regret when he says that the wind that passes whispers murder to him. He also uses an effective setting when he describes the dungeon that the character is present in when he was writing the story. In Thomas Hardys A Superstitious Mans Story, Hardy uses just a simile to prove to the reader that there is a possibility that the man might not have been there because there was no sign that the man was there. In my opinion, I found The red Room the most effective story because the techniques used such as the similes and metaphors really helped me imagine the picture and the scene the story was describing. Also it used many other techniques like the setting described and personification that made me feel suspense and exhilaration whilst reading the story. It also had the best storyline because it had a secret history of murders and deaths that were not exposed; they were just hinted when the old people were warning him of the red room and its effects it has on people. It also has two sides to the story; it has a supernatural side because of the history and noises and shadows that couldnt be explained. The second side is the realistic side when he gets out of the castle and he realises that it wasnt ghosts or spirits in the room that were making him uncomfortable but it was just his mind playing tricks on him.

The Battle Of Blu-Ray versus HD-DVD Formats Essay examples -- Technolo

The Battle of Formats There are two new formats of DVD's coming out one is Blu-ray and one is HD-DVD, will this become the battle of VHS vs. BetaMax and which will be in your home. First, let me give you some history on both of these new forms of DVD's. Blue-ray which was invented by a group of companies called Blue-ray Disc Association. It consists of companies like Sony, Apple, Dell, HP, and many more. Blue-ray will hold 25 gigabytes and will be the same size and shape of a DVD. The only difference is that it uses a different laser which is the color blue. Now you know why they called it this. The big factor that will push Blue-ray to be in your home is that Paramount Pictures, Universal Studios, and Warner Bros will be big supporters of Blue-ray. Another big feature is that it will feature DRM which is digital rights management. Blue-ray has another form of encryption called BD+ that will allow the companies to change the encryption. This will make it very hard to make copies of their products like movies and software. HD-DVD was introduced on the DVD forum and on November 19, 2003 they decided that the HD-DVD format be the new DVD to output HD movies. HD DVD was originally called Advanced Optical Disc. Like Blue-ray it is the same size as Cd's and DVD's. HD-DVD's will only hold 15 gigabytes, 10 less than Blue-ray. HD-DVD uses a red laser to burn information and read information. This product is supported by Toshiba, NEC, Sanyo, Microsoft, HP, and Intel. Now the type of copy right protection that HD-DVD is some what like Blue-ray. They will have a Watermark Protection. All HD DVD readers will check for this watermark and if does not see the watermark it will refuse to play the disc. Manufacturers have also discusse... ...3i, spath &. Blu-ray vs. HD-DVD. 09 Mar 2005. Online. 30 Apr 2006. . Perton, Marc Toshiba and LG ink HD-DVD patent-sharing deal. 9 Feb 2006. Online. 30 Apr 2006. . Unkown Next-generation DVD battle begins. 19 Apr 2006. Online. 30 Apr 2006. . Unkown HD DVD. Online. . . Unkown Blu-ray Disc. Online. . . Additional Exercise One of my writing problems was trying to not explain the hard ware but to explain the problem with the separate patents and what the problem was. The way I had to fix this was research more on who owned what and who supports them. I am a technology geek so it easier for me to talk about how things work than to get into the business of things. This topic is a big one for me and I think it will mean more and more to people. A lot of people of new clue of this technology but yet it will be forced into there homes sooner or later.

Inside Job Documentary Film Essay

The ‘Inside Job’ film (documentary film) draws parallel views to the referenced text â€Å"Impact on Accounting† of this course coupled with the associated research executed during the past weeks with respect to understanding the cause of the financial crisis. The documentary film zeros in on the contributory factors of the financial crisis such as falling interest rates, securitization of home mortgages and credit default swaps (derivatives). Other stunning contributory factors expressed in the documentary film were greed in addition to the deregulation and an unsupervised financial industry by the Federal government. Snyder (2011) reported that, â€Å"There have been several deregulations in the financial and housing markets over the past 30 years. Some of these include The Depository Institutions Deregulation and Monetary Control Act, the Federal Home Loan Bank Board establishing adjustable mortgages, the 1982 Garn-St Germain Depository Institutions Act establishing a secondary mortgage market, the repeal of the Glass-Stegall Act allowing commercial and investment banks to merge, and the 2004 SECs deregulation of investment banks, allowing investment banks to increase their leverage ratio from 12:1 to 30:1.† (pages 1-16) After researching the cause of the financial crisis, though seemingly insignificant to some, one of the fastening screws that assisted in the great fall with respect to the financial industry was falling interest rates. During the early 2000s the United States economy began to slow down and in an effort to rejuvenate this downward condition the Federal Reserve introduced a stimulation project to cut interest rates to induce customer spending. Investors took advantage of this stimulus exercise as the return on mortgage backed securities was attractive and as a result there was a boost and desire to purchase such securities. Consequently, lending  institutions became very excited as the demand for mortgage backed securities increased and thus the quest began to write more mortgages. Hence, the qualifying standards for loan approvals were done away with allowing a prospective home owner getting approval with ‘zero-down’. The introduction of no payment down increased the likelihood of failure to pay by borrowers and this default risk thereof was disregarded. Another supporting aspect of the documentary film with respect to the cause of the financial crisis was securitization. Historically during the safe age, a home mortgage was a loan contract between the borrower and financial institution which was supported by tangible property used as collateral. Such loans would be held until the full loan obligation has been satisfied in the long term. Conversely to the days of old, financial institutions sought new innovative means to generate income and came up with securitization of home mortgages. In this sense, during the 1990’s, home mortgages were not held to maturity but instead the high risk home mortgages were, bundled, repackaged and resold creating mortgage backed securities whereby income is received when homeowners satisfied their home mortgage obligation. Despondently, when borrowers defaulted on their home mortgages, investors suffered dearly as losses were realized, consequently, financial institutions collapsed and unemployment rose above its usual average rate. Other research has concluded that derivatives also played a chief role in the financial crisis. Derivatives are financial contracts between two parties of which the value can derived with not affiliation to the good or service. For example, a buyer can purchase an option agreement to buy a good or service in the future at an agreed price within a specified time frame. Within the given period the buyer may exercise the right to purchase or chose not to upon weighing the benefits of the option contract with the current market conditions. One type of derivatives that aided in the financial crisis was credit default swaps (CDS) which allowed investors to participate in naked CDS purchases without having legal ownership of the insured property. CDS is an innovative and prevalent derivative which is similar to an insurance contract that permits investors to transfer risk to other parties who are more qualified and willing to bear it, thus making it very attractive risk mitigation tool. CDS became extremely popular and experienced an unprecedented demand up to the latter part of 2007. However, since the derivatives market was not regulated companies such as AIG which sold billions of swaps without collateral or reserves to satisfy potential losses. According to Hobbs (2011), at the end of 2007 AIG credit debt obligation totaled $562 billion which was shockingly ironic that an insurance company would fail to hedge such substantial risk. Charles Ferguson’s award winning documentary film ‘Inside Job’ narrated by Matt Damon surveyed the deregulation of the financial industry and explored how the lack of good ethical banking practices assisted in creating the financial crisis. This jaw dropping documentary in its fearless interviews and prying identified greed and deregulation by the Federal government as principle causes of the financial crisis. At the twilight of 1981 the Ronal Regan administration made the deregulation of the financial industry top priority and the highest order of business in an effort to restore economic prosperity. Froese (2011) stated that, â€Å"The campaign trend of deregulation was followed through by the Bill Clinton and George Bush administration team.† (p. 59-75). According to Maxwell (2011), â€Å"The documentary film sets out to prove the idea by first pointing to the 1980s, when deregulation of the financial industry in the US allowed banks and loan companies to begin taking bigger risks with depositors’ money.† (p.16) The documentary film exposed the recycling of top bank executives being integrated into key government positions even after having full knowledge of misconduct and unethical behavior driven by greed. The greed for lavish lifestyle such as having six airplanes, helicopters, yachts, beachfront homes and penthouses was evident in the documentary film. Apparently, the more money top bankers earned the more they seem to want. The root of this greed was driven by huge compensation and hefty bonuses. According to Ferguson (2010), Richard Fuld the CEO of Lehman Brothers actually was hardly ever seen on the trading floor as he went out of his way to avoid contact with other employees even to the extent of extent of installing a personal elevator that took him to his office undetected. These chief top guns even went to the extent to cheat the government of taxes by understating their  income. Sterngold (2011) reported that, â€Å" Oliver Budde, a former lawyer for the financial services firm Lehman Brothers, has charged that the bankrupt company’s former Chief Executive Officer (CEO) Richard S. Fuld lied to Congress when stating the amount of his salary and other compensation from 2000-2007. Budde, whose duties included preparing Lehman’s financial statements on executive salaries, says that Fuld understated the amount of his earnings by hundreds of millions of dollars.† (p, 56-59). Under the Regan administration CEO of the treasury, ML Donald deregulated the Savings and Loans which created a platform for unsafe investments by allowing hundreds of financially dead institutions to continue to operate while making more risky loans. Within 10 years hundreds of Savings and Loans companies became insolvent which resulted in 124 billion dollars of tax payers’ money. Greenspan supported Charles Keating’s business plans verifying that they were sound, proficient and without risk. It was later discovered that Keating who owned one of the Savings and Loans companies in California, used investors’ money to support his personal company and eventually went to prison as a result. While on the other hand, Greenspan was promoted appointed as president of the Federal Reserve by Ronald Ragan and was reappointed by Clinton and Bush administration to police the big bucks. It was also alleged that Greenspan received a kickback of 40,000 for validating Keating’s report Keating afloat in the industry. Deregulation continued under the Clinton administration congress overturned the Glass-Steagall Act by passing the Gramm-Leach Bliley Act which facilitated the Citigroup merger. Further, despite the cries to regulate the derivatives industry, Alan Greenspan in addition to other congressmen brought about the Commodity Futures Modernization Act banning all regulation in the derivatives market. Other new theories that developed from the documentary film were economists, credit rating agencies and top executives have all contributed to the financial crisis. It was unthinkable that reputable economists failed miserably to disclose any conflict of interest regarding their economic research report concerning economic trend. According to Ferguson (2010), economist Frederic Mishkin stated in his economic research report that  Iceland’s economy had already adjusted to financial liberalization and that while prudential regulation and supervision was quite strong, however, the banking industry in Iceland exploded shortly after the report. Frederic was paid $124,000 by the Iceland government to write the report even though the report proved to be very wrong. Another economist, Robert Glenn Hubbard former head of President Bush council of economic advisors, when asked whether there is and conflict of interest of economists he avoided the question and stated that most economist are not wealthy people. The documentary exposed him for having an annual salary of $150,000 as a board member of Met Life and that he formally served on the board of Capmark Financial Corporation, a mortgage institution that went bankrupt during the bubble. The documentary film brought the curtains down on credit rating agencies as it provided undeniable evidence of their involvement in the financial crisis . The three credit agencies namely, Standard & Poor, Moody’s, and Fitch misrepresented the credit rating of companies such as Lehman Brother, Merrill Lynch, AIG and Bear Sterns as they were all given credit rating of AA and above just weeks prior to becoming bankrupt. Questions were put to the governor of the Federal Reserve, Frederic Mishkin whether he was aware of excellent credit ratings and as in the past he danced around the question without providing clear answer. In 2008 Frederic Mishkin resigned in the height of the economic crisis and said that this coward move was owed to him reviewing some university book. Investors depend heavily on security rating for decision making. Clearly if a security has been classified as AAA and AA ratings, they appear to be as safe as government bonds. Instead, investors were deceived into investing in insolvent companies as a result of the ratings provided thereof. Continuing, top executives were also woven in the fabric of the financial crisis whereby top Chief Executive Officers walked away with top dollars. It is said that follow the money to solve the crime. The documentary film listed top guns such as Lehman Brothers CEO, Richard Fuld who reaped in 485 million, AIG’s CEO went smiling with earnings of 315 million and Merrill Lynch raked in 161 million of severance bonus. Other culprits named were Bear Sterns CEO and especially Goldman Sachs top executives. Apparently, these top executives had much knowledge of their falling companies and cooked the books so that investors would believe otherwise. What come out of the documentary film was that executives were rewarded for selling subprime mortgage investments as if it was top priority. Below are exhibits A and B and key players in the financial crisis: Exhibit A Major Players identifies in Week 2 Exhibit B Major Players in Inside Job Film 1. Homeowners 2. Financial / lending institutions 3. Wall Street 4. Federal Government 5. Securities Exchange Commission 1. Homeowners 2. Financial / lending institutions 3. Wall Street 4. Federal Government 5. Securities Exchange Commission 6. Economist 7. Credit Rating Agencies 8. Top Executives The new players pulled from the documentary film are economists, credit agencies and top banking executives. Economists were apparently paid handsomely to produce favorable reports of which most did not disclose their connected conflict of interest. Credit rating agencies also provided falsified rating to dying institutions and as a result investors were misinformed and consequently realized losses which could have been prevented. Lastly top banking officials were recycled throughout the government and other top ranking banks. They were driven by greed and  received compensation of up to 485 million dollars. Bringing it all together, I strongly believe that they were all in it together with the object to rape the economy of its finances and so they did successfully without being prosecuted. APA Format References Global Economic Crisis Resource Center (2010). Global economic crisis: Impact on accounting. Mason, OH: South-Western Cengage Learning Snyder, T. (2011). How did deregulation and financial innovations impact housing, wealth, and output?. Journal Of Finance & Accountancy, Hobbs, J. (2011). Financial Derivatives, the Mismanagement of Risk and the Case of AIG. CPCU Ejournal, 1-8. Ferguson, C. (Director) & Marrs, A. (Producer). (2010) Inside Job [Motion Picture]. United States: Sony Picture Classics Froese, R. (2011). THE LIMITS OF INSIDE JOB: CRISIS, IDEOLOGY, AND THE BURDEN OF CAPITALISM. Studies In Political Economy: A Socialist Review, (88), 59-75. Sterngold, J. (2010). Who Cares About Another $200 Million?. Bloomberg Businessweek, (4177), 56-59. Maxwell, C. (2011). Inside the crash. Director (00123242), 65(4), 16.

The Role Of Statistics And Criminal Justice - 1378 Words

The Role of Statistics in Criminal Justice Nerisa Newton Grambling University Abstract In this paper, the main objective will be to outline the importance of statistics as a method to analyze data in the field of Criminal Justice. Also, this paper will focus on ways in which data is obtained keeping in mind the appropriate statistics to use with the collected data, and how to interpret the findings. In addition, it will review the causes of crimes, the rate at which these crimes occur, predictive outcomes and preventative measure to deal with criminals. The Role of Statistics in Criminal Justice To begin with, statistics can be defined as the practice or science of collecting and analyzing numerical data in large quantities, especially for the purpose of inferring proportions in a whole from those in a representative sample. Criminal justice on the other hand is defined as the system of practices and institutions of governments directed at upholding social control, deterring and mitigating crime, or sanctioning those who violate laws with criminal penalties and rehabilitation efforts. The use of statistics has been around for decades in a number of scholarly disciplines. More specifically, it has been an important vehicle in obtaining better knowledge in the field of criminal justice. This paper will discuss the role of statistics in criminal justice. Firstly, statistics help researchers in the criminal justice system to collect data fromShow MoreRelatedcrime essay982 Words   |  4 PagesIf the criminal Justice is a ‘system’ in England and Wales, describe and examine how the agencies within contribute to the over-representation of Black and Minority Ethnic populations in prison. In England and Wales we have in place a criminal justice system which is made up of many agencies which are their protect the public and the offenders. Most of the agencies work closely together; they consist of the Police, CPS, Courts, Probation, Prisons and Youth Justice. â€Å"Criminal Justice is about societiesRead MoreThe Bearing of Race and Ethnicity in the Criminal Justice System1285 Words   |  5 Pagesas to whether or not race and ethnicity have a bearing on an individual’s treatment in the criminal justice system for many years. I will be arguing that race and ethnicity do in fact, have a bearing on one’s treatment in the criminal justice system. I will be backing up my position on this topic by providing evidence from five scholarly articles. My first source is African Americans and the Criminal Justice system by Phyllis Gray-Ray, Melvin C. Ray, Sandra Rutland, and Sharon Turner. The authors’Read MoreThe Japanese Criminal Justice System1203 Words   |  5 PagesFor some time now, the Japanese criminal justice system has been regarded or perceived to be a successful justice system model. The success is mainly attributed to Japan’s culture and even embedded in the language itself (Goold, 2004). The success has drawn interest among criminology scholars and practitioners either for the purpose of broadening their knowledge or to emulate its criminal justice system (Ebbe, 2000). The interest is based on statistical data that indicate low levels of criminalityRead MoreYouth Violence, Three Strike Legislation And Drugs1660 Words   |  7 Pagesmajor challenges facing criminal justice leaders. In this report, the use of literature review to capture the statistics and factual material has been instrumental. Apparen tly, the rates of youth violence remains relatively high despite the attempts to enact legislations such as the three-strike law. Drugs and related offenses have also plagued many communities. To address these issues, the report provide various relevant leadership theories and styles that criminal justice leaders ought to followRead MoreWhy Do We as a Society Need a Criminal Justice System?1179 Words   |  5 PagesWHY DO WE AS A SOCIETY NEED A CRIMINAL JUSTICE SYSTEM? Introduction The criminal justice system is comprised of a basic formation, the law enforcement agencies, the courts, and the correctional services. This system has existed since ancient times and although the three facilities haven’t completely been replaced over the centuries, there has been a lot of change and amendment to how the system is used to investigate, deter, and keep order and control in today’s society. It is a fundamental partRead MoreEffects of Four Types of Punishment for Criminals in the American Society1680 Words   |  7 PagesEffects of four types of punishment for criminals in the American society Introduction Crime recidivism is the act of a person or persons repeating undesirable behaviors after they have either experienced consequences of the behaviors or have gone through a process of reform so as to deter them from similar acts. Since time immemorial man has had to deal with crime from the ancient medieval and to the present time. Law breakers have always been part of our society but through evolution, meansRead MoreRestorative Justice: Reconciliation of Society, the Victim and the Offender1335 Words   |  6 Pagescharacteristic of restorative justice- to reconcile society, the victim and the offender- but also to rehabilitate the offender so that he is no longer an â€Å"enemy† of the criminal justice system. This form of justice is gaining support in South Africa; however there are limitations to this form of justice which also in turn limit its success in the future. Restorative justice alone is definitely not a method of justice which we can adopt but it may be possible t hat this form of justice can help if it is integratedRead MoreEssay about Criminal Justice Myths and Facts1363 Words   |  6 Pages Compare and contrast crime myths and facts. The media plays a huge role in forming peoples perceptions of crime. Without the media we would remain ignorant to occurrences outside our direct social groups. The media and especially news coverage therefore provides us with an important point of contact with the rest of society. In evaluating its effect on popular perceptions of crime it becomes important to consider where most of the information comes from and how representative it is onRead MoreThe Criminal Justice System1700 Words   |  7 PagesIn order for the Criminal Justice System to effectively deter crime, it is imperative to understand what causes crime, understand why crime exists and why offenders engage in criminal behaviour. In the 18th century criminologists such as Jeremy Bentham, Cesare Bonesana-Beccaria and Cesare Lombroso all established criminological theories, in an attempt to achieve this goal. The most influential theories are known as the Classical and Positivist perspectives. Both of these theories have had a long-termRead MoreCrime and the Criminal Justice System1111 Words   |  5 PagesCrime and the Criminal Justice System The criminal justice system and the process have molded the laws of the United States to its current existence. The judicial system is designed to punish those who commit crimes against one another and for those who break the laws in other ways. According to Pearson (2012), crime can be defined as conduct in violation of the state, the federal government, or a local jurisdiction for which there is no legally acceptable justification or excuse. Pearson (2012)