Television An Effective Job Of Depicting Real World...

Television has always been a big influence in American everyday life. From there being shows about doctors, military, or even policemen. However, not everything in these shows is a very accurate portrayal of the real world. On the other hand, some of the things are real or based on something off the real world. Shows like â€Å"First 48,† â€Å"COPS,† and the movie â€Å"End of Watch† show the audience a glimpse at what real detective work might be like. My father works for Homeland Security; which would make him a direct source of how the real world is. I believe that â€Å"First 48,† â€Å"COPS,† and â€Å"End of Watch† do an effective job of depicting real world detective/ police work. This is important because television influences many of the decisions we make in our lives. â€Å"First 48† is a show that deals with detectives that are called to crime scenes. The show documents the first hours of homicides in different cities. The ir job is to evaluate the scene; look for any clues that may be of help. This is a very important step in solving murders. They have to be on the lookout for foot prints, bullet casings, and many other things that could help solve a crime. Although the show isn’t always accurate, it catches the essence of what criminal scene investigators actual do. â€Å"First 48† depicts the parts that would intrigue an audience, rather than have the audience watch the long process of what really happens. Another show that exemplifies police work in the real world would be the show â€Å"COPS.† TheShow MoreRelatedWitness by Peter Weir Notes12043 Words   |  49 PagesIntroduction: * Engage in a detailed analysis of a text * Understanding of how the ideas, forms and language of a text interact within the text and may affect those responding to it. * Students will need an understanding of film techniques and of the police drama genre. Important aspects to know: * Visual techniquesenhance understanding of characters * Editing techniquescreate suspense, establish characters, create atmosphere, position viewers to respond in a particular way * Narrative structureplotRead MoreA Literature Review On Trust6131 Words   |  25 Pagesnoted sociologist Giovanni Sartor (Sartor, 2003). Sartor stated if there was no trust, co-operation would end, and the whole fabric of society would collapse. Trust can be defined as the â€Å"belief that someone or something is reliable, good, honest, effective.† High levels of trust promote healthy interactions, whereas low levels of trust undermine constructive relationships. Trust in law enforcement is essential for the belief in the legitimacy of law enforcement, or feeling of obligation to obey theRead MoreTrial by Fire16438 Words   |  66 Pagesstreet to get help he found a stick and broke the children’s bedroom window. Fire lashed through the hole. He broke another window; flames burst through it, too, and he retreated into the yard, kneeling in front of the house. A neighbor later told police that Willingham intermittently cried, â€Å"My babies!† then fell silent, as if he had â€Å"blocked the fire out of his mind.† Diane Barbee, returning to the scene, could feel intense heat radiating off the house. Moments later, the five windows of the children’sRead MoreTrial by Fire16445 Words   |  66 Pagesstreet to get help he found a stick and broke the children’s bedroom window. Fire lashed through the hole. He broke another window; flames burst through it, too, and he retreated into the yard, kneeling in front of the house. A neighbor later told police that Willingham intermittently cried, â€Å"My babies!† then fell silent, as if he had â€Å"blocked the fire out of his mind.† Diane Barbee, returning to the scene, could feel intense heat radiating off the house. Moments later, the five windows of the children’sRead MoreAccounting Information System Chapter 1137115 Words   |  549 Pageschallenge the group’s answers, provide alternative answers, and chip in with additional answers not provided by the selected group. Since the group that presents is not selected until after the time has expired, students are motivated to do a good job, as they will be presenting to their peers. The value of this activity is not in arriving at a â€Å"right answer† as there are many right answers and student answers will vary. Instead, it is in thinking through the issues presented in Table 1-2 (businessRead MoreMethods of Qualitative of Data Collection19658 Words   |  79 Pagesobserving from afar or finding a participant-observer role in the setting, some contexts may present dangers. Street ethnography is a term that describes research settings which can be dangerous, either physically or emotionally, such as working with the police (as Manning did, described in Chapter 3), drug users, cults, and situations in which political or social tensions may erupt into violence (Weppner, 1977). Observations involve more than just â€Å"hanging out.† Planful and self-aware observers use observationRead MoreOrganisational Theory230255 Words   |  922 Pagesa text that will give a good idea of the breadth and complexity of this important subject, and this is precisely what McAuley, Duberley and Johnson have provided. They have done some sterling service in bringing together the very diverse strands of work that today qualify as constituting the subject of organisational theory. Whilst their writing is accessible and engaging, their approach is scholarly and serious. It is so easy for students (and indeed others who should know better) to trivialize this

Effective Communication Within The Workplace - 1254 Words

Introduction In life, individuals who work often find that in order to operate effectively within a workplace their must be effective communication between staff and managers from front line managers to high end managers. However, in workplaces all around the world. Employees often fail to address employees effectively and often as a direct result. Employees either make mistakes or purposely choose to disregard orders. To reinforce this statement managers still evaluate that there is a clear failure of effective communication within the workplace still is a large problem. Because of this communication in the workplace is now being seen as a cornerstone for effective productivity and a positive employee-employer relationship as well as for profit and non-profit organisations (Marques, 2010). As both a direct and indirect result issues arise from poor communication and can be detrimental to the success and productivity of an organisation. It is the role of management on all levels of the organisa tion to prevent this from occurring. Interpersonal is the way in which individuals converse information, feelings, and meaning through one or both verbal and non-verbal messages. Interpersonal communication is often perceived to be face to face contact. Where often it is generally presumed that this type of communication in fact is assumed to be spoken language however, it is not actually what is said, but in fact the way in which language is delivered and perceived by others. ThisShow MoreRelatedEffective Communication Within A Workplace854 Words   |  4 PagesCommunication skills are very important no matter where or who you are. Communication within a workplace can determine whether a business or individual is successful or not. Understanding effective communication in a medical setting helps hospitals and doctor offices develop a work environment that is able to communicate effectively with coworker, patients and doctors in order to take of the patients needs. Listening, clarity and Patience are three main keys to effective communication within aRead MoreEffective Communication Within The Workplace1848 Words   |  8 Pagesorganisational communication; it is the communication that happens within the organisational, whether it is face to face communication or video conferences communication. It is important to note that if organisations do not communicate the right information, in the right way, to the right people, at the right time, this could create problems and have an impact on the level of effectiveness and efficiency. In essence, there is therefore a need for effective communication within the workplace. If thereRead MoreInterpersonal Communication And The Workplace946 Words   |  4 PagesInterpersonal communication in the workplace is developed positively or negatively on the individual relationships we have combined with our human behaviors and human actions within each of those relationships. There are many things that can affect interpersonal communications within the workplace, from generational that create technological gaps, to diversity and tolerance it creates, and finally the type of workplace, is it a team environment encouraging inclusiveness within the organization orRead MoreEffective Communication Skills Are Essential For Success1222 Words   |  5 PagesIntroduction Effective Communication skills are essential for success in every organization. Individuals today in the workplace need to effectively communicate with employees, customers and potential clients. Effective and clear communication if not delivered in the right manner could be interpreted by the receiver and have a negative impact. There are many barriers that can effect a conversation such as cultural differences, gender and environment. Employees can learn how to adapt in differentRead More Work Environment Paper1015 Words   |  5 Pages Work Environment Paper Good communication skills are imperative for organizations to carry out in an attempt to maintain outstanding performance from employees and management. Every workplace is unique in terms of their diversity profile therefore, is it vital for organization to create and execute creative communication methodologies that will enable organizations to develop a community rather than just your average run of the mill work environment. For example, active listening, collective goalRead MoreEffective Communication in the Workplace Essay1220 Words   |  5 PagesCommunication Barriers in the Workplace Communication barriers in the workplace can have a serious effect on the functioning and of an organization. In the following article we shall understand what some of these communication barriers are and how to overcome them. Ads by Google Improve Communication Our NLP Training Program Helps You Overcome Your Fears. Enroll Today! www.EasyNLP.com/ Conflict Management How much is conflict costing you? Assessment, Training, Coaching www.StrategicLeadershipCoachingRead MoreImportance of Cross Cultural Communications1209 Words   |  5 PagesEffective cross-cultural communication is one of the most important issues dealt with in business, particularly when a firm operates at an international level. Communication is a process with three key elements, which includes a source, an audience, and a channel. Communication derived from businesses will have listeners that include, but are not limited to customers, employees, suppliers, and the community (Caddy et al.). These listeners contribute to the success of a firm, which is why there isRead MoreThe Effects Of Effective Communication On Job Performance1680 Words   |  7 PagesWhen asked to write a reflective think piece describing a single communication issue as it pertains to the organization in which I work, the Employment Development Department, I decided to delve into the to pic of effective communication, especially in regards to job expectations. I choose this particular aspect of communication because it is one of my divisions biggest complaints in regards to management or the lack there of, and I want to better understand how to avoid miscommunicating with fellowRead MoreThe Importance Of An Undergraduate Business Management Student1535 Words   |  7 Pagesever-changing business world, a key component to the productivity within the workplace is communication. As an undergraduate business management student, an important part of communication is understanding the difference between maintaining the faà §ade of an authoritative figure or maintaining a friendly relationship with employees and how it would affect the attitudes, behaviors, productivity and quality of work. In order create a successful workplace environment, finding and establishing a middle ground betweenRead MoreEssential Attributes in Nursing1220 Words   |  5 Pagescommunities. I n a nursing good workplace citizenship needs an understanding and maintaining a good relationship between patients and health professional to deliver quality health care and services. In the context of nursing, communication, teamwork and social responsibility is the main graduates attributes that are essential in workplace citizenship because it promotes a healthy relationship between health professionals, patients and improve the nursing workplace. Communication is the exchanging information

Women s Rights Of Islam Essay - 1810 Words

Women’s Rights in Islam: In his farewell address, Muhammad said, â€Å"Treat your women well and be kind to them for they are your partners and committed helpers.† Although he advocated for equal rights among sexes, for centuries, the portrayal of the lives of women in many Islamic societies has been that of inequality, prejudice, and injustice. However, these injustices do not reflect the religion’s values and traditions but rather the national and political regulations that have been adapted over time. Shortly after Muhammad’s death, political rulers began to embrace their own traditions and adaptations of the Muslim culture. Although gender inequality may be perceived as a major issue today in Muslim culture, the teachings of the Qur’an promote gender equality and were very progressive for their time. The role of women in society, their marriage rights, and their right to decide to wear or not wear the hijab have been controversial topics for years. However, the Hadith, Qurâ₠¬â„¢an, and other early teachings of early Islamic societies shed light on each of these issues. Ultimately, though, the role of women in Islamic society failed to fully materialize after the Prophet Muhammad’s death. Islam was the first religion that noted equal rights of women when legislation clearly established them as independent beings, and during Muhammad’s time, women even held noteworthy positions in society. Khadija, one of Muhammad’s wives, was a successful business women and played a prominent roleShow MoreRelatedWomen ´s Right in Islam 759 Words   |  4 PagesSurah IV is an explanation and list of women’s rights pertaining to laws, inheritance and marriage and also touches on families in general. Vss. 19-39 is an important passage because it is the groundwork for marriage and women’s rights in the marriage. There are very specific instructions on how to punish a woman who has acted indecent, when a woman should and should not get her inheritance, whom a man can marry and how a man should treat his wives. Verse 19 starts the discussion on inheritanceRead MoreThe Rights And Privileges Of Women1527 Words   |  7 PagesAli Dadkhah Ms. Majida Salem 12th Islamic Studies 3/28/2017 Rights of Women The rights and privileges of women have been targeted by western haters of recent times, attempting to make the world believe that women have no rights in Islam. In reality however it is the complete opposite, women have the same rights as men (in mostly all cases) and have even more leniency. â€Å"As for anyone - be it man or woman - who does righteous deeds, and is a believer withal - him shall We most certainly cause toRead MoreWomens Status in Islam Essay940 Words   |  4 PagesStatus in Islam In Islam, women and men are equal in terms of their relationship with Allah. It can be clearly seen that Allah has created men and women differently, this is so that they may fulfil different purposes in life. It is not a question of the superiority of one gender over another, rather it is a matter of role differentiation. Islam teaches Read MoreMuslim Women: Treated With Oppression Or Fairness?. When1429 Words   |  6 PagesMuslim Women: Treated With Oppression or Fairness? When I mention Islam, I am discussing its way of life, a concept that encompasses every aspect of one’s life from beginning to end. Islam, the newest and second largest faith, influences many parts of this earth as we discussed in class. Originating in the Arabian Desert, the religion is based on one book, The Holy Quran, the final word of Allah. Prophet Muhammed, in Islam, was the last messenger of God. His life is one that Muslims should followRead MoreThe Role Of Muslim Women During The Islamic World1564 Words   |  7 Pagesrole of Muslim women in the Islamic world is one has been widely discussed criticized by many people. The most common perceptions are of women living under the oppressive dictatorships of their husbands, forced into marriage, and constantly covered under the veil. The discussion of Muslim women and their roles are an important, firstly because there have been many misconceptions by non-Muslims which needs to be corrected and addressed. Secondly, some Muslim countries treat women unjustly in theRead MoreWomen s Political And Islam1265 Words   |  6 PagesWomen’s political rights in Islam has been a controversial topic in the modern age. With the growth of ideologies like feminism and liberalism, Islam has been carefully examined underneath a microscope for some time. Some argue that Islam subjugates women because they are not given the exact rights or roles men have been given. Allah (swt) has given men and women different biological, physiological, and psychological attributes. In the Quran Allah (swt) says in chapter 4; verse 32 â€Å"And do not wishRead MoreWomen Among Roles, Power, And Rights Essay1574 Words   |  7 PagesThe Women Among Roles, Power, and Rights in Islam. Since the mention of women in an Islamic context brings the notion that women under the Islamic cover live an oppressive, unfair, and patriarchal lifestyle. Defending this situation, Amina Wadud in her book Qur an and Woman, Muslim progressives have since quite a while ago contended that it is not the religion but rather a patriarchal elucidation and usage of the Qur an that has kept women mistreated. Wadud sees that the sacred texts are not theRead MoreWomen s Role Of A Muslim Woman1440 Words   |  6 PagesWomen’s Role in Islam In the west, the common picture of a Muslim woman is the stereotype of a woman hidden behind a veil, a voiceless, silent figure, stripped of rights. This picture of the Muslim woman is all too familiar to us, in large part because this is how the western media portrays women in Islam. If this is the picture of what most people think a Muslim woman is, what people think the roles of these women are not any better. Many people would think the roles of these women include being aRead MoreMuslim Women As A Symbol Of Oppression856 Words   |  4 PagesIn the past decade, Islam has been viewed as a male dominant religion. Many people in the west proclaim that Muslim women are forced to wear and do things out of their own will and, therefore, the western society perceives Muslim women as a symbol of oppression. The main subject of controversy is the Islamic veil. In addition, the west proclaims Islam to be a sexist religion as the Muslim women are not held equal to men including a limited amount of women’s rights in Islam. In the Deepa Kumar articleRead MoreIslam : A Monotheistic Religion1505 Words   |  7 Pages Modern Challenges Paper Islam is a monotheistic religion taking into account disclosures got by the prophet Muhammad in the seventh century A.D., which were later recorded in the Quran (or Koran), Islam s consecrated content. Islam has spread quickly during the time and today the religion is, by a few estimations, the biggest on the planet. Devotees of Islam are called Muslims. The Arabic word Islam signifies accommodation, mirroring the confidence s focal precept of submitting to Allah. Islamic

The Career As A Musician - 1231 Words

Music may be a universal medium, but musician are far from all being treated equally. It has become nearly impossible to make it in the music industry, and those who do often will not succeed for very long. Yet, it is still an illusive field and one that society depends on for entertainment. By creating documentaries about musicians, viewers get a behind the scenes look at what being a musician truly entails, whether it is good or bad. For Ken Vandermark, his career as a musician is a struggle, as documented by Daniel Kraus’s Musician, because of his niche genre for contemporary society. Madonna, on the other hand, has created a career as a pop icon, as documented by Alek Keshishian’s Madonna: Truth or Dare, which may be financially successful, but is not always rewarding. Both Kraus and Keshishian employ similar tactics for their respective documentaries; however, through the use of different camera angles, relations to the subject, and display of live music, they are able to provide unique insight into the artists they are following. Throughout Musician, Kraus uses multiple camera angles in order to develop the narrative of the documentary. His two most frequently used, extreme close ups and wide angle, are both frequently found throughout the film to create poignant moments in the film. Extreme close ups are most commonly used while Vandermark is performing, allowing viewers to see his unwavering focus and passion for his work. From the very beginning of the film,Show MoreRelatedA Career Essay : The Career Of My Dream1111 Words   |  5 Pagesup, they say they want to be doctors, firefighters, astronauts, or billionaires. These are all careers which guarantee a nice, steady, sizeable income and financial stability. Most kids don’t really want to pursue a career that almost guarantees poverty. I guess that’s what makes me special. The career of my dreams is a career that will make virtually no money. The career of my dreams i s a career that will have me living with housemates for the rest of my life; the first time I’ll get a roomRead MoreIM Sure Every Young Musician Has Had The Thought Of Pursuing1286 Words   |  6 PagesI m sure every young musician has had the thought of pursuing a music career at one time or another. Most up us grow up being told that if you follow your passion in life you will in one way or another become properous in what you do. But follwing your passion can be hard infact (Rowe;) suggests that following your passion isn t always the best way to have a sucessful career Many talented musicians are being encourged by there peers to pursue a music career, while their parents or family membersRead MoreThe Influence Of Spotify And Music Piracy Essay1151 Words   |  5 Pagesresourceful tool for musicians. However, accusations recently over its negative influence on musicians’ career building and improper rewarding mechanism have aroused wide public awareness. Although Spotify has clarified the vision to help every musician with a role as their financial supporter, their opponents still doubt the dependability of such a claim. Current studies have also showed subtle correlation between Spotify and music piracy. In general, Spotify may not be beneficial to musicians in terms ofRead MoreThe Importance Of A Musician And A Fine Artist849 Words   |  4 Pages Two careers that the Focus 2 Assessment claims would be a satisfactory fit for me include a musician and a fine artist. For both of these occupations, I would be more than willing to deliberate about taking up either of them in the future, taking into consideration that I am currently a performing musician. I also have plentiful experience in the visual arts as well, so I could imagine being a fine artist as well. Both jobs include doing things I enjoy to a great extent. A musician is an individualRead MoreLife and Music of Ray Charles Essay1128 Words   |  5 PagesLife and Music of Ray Charles The history of musicians is a very interesting subject. There are thousands and millions of interesting types of musicians. Ray Charles was a very talented musician. His focus was on Soul Music, which was Jazz combined with Gospel music. Jazz was also a big focus of his music. Ray Charles wasn’t like other musicians. He was a blind musician. Many often wonder how someone can be blind and also be a musician, but Ray Charles was a fine example to show that it was possibleRead MoreThe Enterprising Musicians : An Entrepreneur Thinker936 Words   |  4 PagesEnterprising Musician Essay Entrepreneurs are people, who create opportunities for themselves, risk takers, innovative, creative, always favor challenges of medium risk, and are highly optimistic. These people have the skills and initiative that are necessary to take good new ideas to market and make the right decisions to make the idea profitable. So for us, musicians, being an entrepreneur thinker is very important for us in order to make a living. There are so many careers in music outRead MoreFairnelli Characteristics Of The Baroque Period1292 Words   |  6 Pagescomposed several cantatas and arias, including the famous piece, Ossequiosissimo ringraziamento, which he also wrote the lyrics. Therefore, even though Farinelli focused on his vocal the most, he was a gifted musician in all parts. Just like most of the talented musicians who begin their careers at young age, Farinelli participated in several professional stages when he was still only a teenager. At the age of fifteen, Farinelli made his debut in Popora’s Serenata, Angelica e Medoro, with two otherRead MoreAnalysis Of Berry s The King 1169 Words   |  5 Pagesbecause of his lack of education. Berry would not discover this until receiving his first royalty check and seeing the dispersant of money. These challenges Berry faced display discrimination and challenges that Presley did not have to experience as a musician. These experiences reflect and emphasize why society chose Presley over Berry to be remembered as King. If these challenges would have been eliminated Presley would not be famous today and Chuck Berry would be called the King. America was not readyRead MoreThe Best Type Of Musical Performance For Developing Musicians964 Words   |  4 PagesIt’s not difficult to imagine, but not all musicians are professionals. The progression between developing and professional musicians is more of a fluid-like structure. Unfortunately there isn’t a special card that musicians receive that make them one or the other. Of course, most musicians practice with the dream of having an illustrious career with their chosen instrument. Again however, in order for a musician to become a professional they have to practice arduously and carefully in order to gainRead MoreJohn Coltrane1566 Words   |  7 PagesAmericas Classical Music. The musical periods we have discussed in this course have influenced and show a strong relation to jazz music and also jazz musicians. Among these musicians, is John Coltrane, considered one of the greatest jazz saxophonists and composers of all time. He was also one of the most important and influential musicians of the twentieth century. John William Coltrane was born in Hamlet, North Carolina on September 23, 1926. Moving from Hamlet as an infant, Coltrane

Treasury and Risk Management Financial Crises

Question: Discuss about theTreasury and Risk Management for Financial Crises. Answer: Introduction: The overall assignment mainly focuses on the role played by derivatives in the 2007 financial crises. In addition, the study evaluates how financial crisis negatively affected the financial market of world economy. Further explanation is been provided whether the crisis would occur again in future. Relative derivatives that is been used by the investors and financial institutions for conducting trade post, during and pre 2007 world crisis. Majority of the financial analyst mainly describes the meltdown of 2007 financial crisis, as the devil casino where investors dealt in debt derivate structure. The CDOs were mainly used as the major derivate option, which resulted in augmentation of financial crisis. Explain the Role of Derivatives in the 2007 Financial Crises: Before the augmentation of the financial crisis, the overall derivative market allowed banks to transfer their mortgage-backed security to investors. The derivatives market mainly allowed the banks to raise capital by selling the mortgage-backed securities (Adebambo, Brockman and Yan 2015). The process used by the banks in distributing the loans to relative hedge funds is depicted as follows. Firstly the banks lend money to the individuals for buying homes Secondly the bank sold the mortgage to Fannie Mae, which allowed banks with additional cash to make new loans Furthermore, the asset-backed mortgage bought by Fannie Mae is resold in the secondary market under name of Mortgage-backed-security (MBS). The overall value of the security is mainly derived from the mortgage bundle. Lastly, the MBS is mainly bought by hedge fund, which then divides the security and only retains low risk investment. The left out securities are then included in new derivatives instrument and sold to other hedge funds. This reselling process is mainly of just a portion of the fund is mainly known as tranche. The overall trading of mortgages was conducted with the help of derivatives, which valued the security based on their underlying asset. However, each financial institutions and hedge fund companies accumulated a large number of mortgage-backed derivatives. Moreover, Warren Buffet mainly labelled the derivatives as financial weapons of mass destruction, which empowered hedge fund managers to accumulate higher debt. Chodorow-Reich (2014) mentioned that credit default swap was mainly conducted to reduce the negative impact on loss occurred from debt. On the other hand, Floyd, Li and Skinner (2015) criticises that increased accumulation of CDOs mainly increased debt accumulation of companies, which raises risk from investment. The derivative options like Asset-backed Commercial Paper, Call Option, Credit Default Swaps, Collateralized Debt Obligations, Commodities Futures, Futures Contract, Interest Rate Swap, Mortgage-backed Securities, Oil Price Futures, Put Option, Stock Options was used by financial institutions. These derivative assets mainly allowed the investors to increase the overall investment exposure. Reinhart (2013) mentioned that use of adequate derivatives instrument mainly allowed investors to take trade higher than the actual asset value. Furthermore, derivatives instruments like Collateral Debt Obligation (CDO) and Credit Default Swap (CDS) were the main reason behind the augmentation of 2007 financial crisis. Figure 1: Depicting the formation of Asset backed Securities (Source: Thebalance.com 2017) The above figure mainly helps in depicting the relevant formation of assets backed securities, which led to the origination of Collateral Debt Obligations (CDO). These CDOs mainly allowed the hedge fund managers to divide the MBS into different segments with risk ratings. The Asset backed Securities are mainly divided into tranches, which depicted the overall risk from investment. Furthermore, for securing the overall CDOs, Credit Default Swaps (CDS) were mainly developed, which reduced the risk from non-payments from investment. Furthermore, the complex derivative market mainly allowed the investors to expand the overall mortgage market, which its performance remained same. Reddy et al. (2014) stated that derivatives does not create or destroy the assets, it just helps in balancing the trades between two investors. The overall derivatives market was unregulated and mainly traded in OTC without the presence of a clearinghouse. This absence of clearing house mainly fails to accommodate the high risk from CDOs, which might hamper return from investment. The unregulated CDOs mainly amounted to $604.6 trillion in OTC derivatives contracts, which was ten times the world GDP. The overall CDS were purchased by investors for subprime derivatives, which helped in reducing the risk from mortgage investment. Furthermore, the extensive use of derivatives market was mainly increasing the risk for investors, as value of the underlying assets was considered. Bourkhis and Nabi (2013) mentioned that banks before the financial crisis provided home loans to everyone without adequate security for payments. Moreover, the derivative market mainly allowed banks to restructure the overall CDOs into new CDOs, which could be traded again in the secondary market. The companies are mainly able to distribute the subprime and high risky mortgage securities in new CDOs, which help in reducing the liabilities in their accounting books. Furthermore, these CDOs were again traded in the secondary market with high rating provided from credit rating agencies. As depicted in the book Fools Gold, companies were mainly able to reduce their subprime securities by creating new CDOs with wrong credit rating. This manipulation conducted by the banks was the major problems, which led to the augmentation of the financial crisis. In this context, Garcia-Appendini and Montoriol-Garriga (2013) argued that Lehman Brothers accumulated high end CDOs, which evaluated the demise during the economic crisis. Furthermore, the demises started with the defaulting of loans, which comprised 98% of the CDOs traded in the secon dary market. The high credit value provided from derivative market mainly increased ability of the investors to raise its investment capacity. Explaining Whether the Crises Could Occur Again: The current market system has been degrading due to decline in capital market during 2013 and 2015. Furthermore, the impact of 2008 financial crises is still seen in the financial market, as companies are trading new derivatives. The CDOs were changed to different derivatives, which are being used on daily basis. In addition, the bailout package used during the financial crises only pumped new money and did not reduce the negative impact of method used by financial institutions. The credit rating agencies, which rated the default CDOs are still rating the new derivative instruments, which could have high risk. Furthermore, the Chinese Banking system could be the major player in augmenting the future financial crisis, as the government controls it. This controlled market rallies conducted by the Chinese government could mainly result in inflating asset value, which was the main reason being the fall of asset market in 2008 (Nasdaq.com 2014). Furthermore, FED interest rate is still 0%, which also added to augmentation of 2007 financial crisis. Armantier et al. (2015) mentioned that he rise in FED interest rates mainly declined the ability of borrowers to pay the interest on their loans. The future rise in interest rate of FED could mainly reduce cash availability of the investors, which could initiate sell calls. In addition, the FED previously raised rate in 2006, which started the loan defaults. This accumulated default loans mainly started to liquidation of financial market. Conclusion: The above discussion mainly depicts the impact of derivative in augmenting the financial crises of 2008. In addition, the different derivatives like Credit Default Swaps (CDS) and Collateral Debt Obligations (CDO) is mainly discussed, which mainly instigated the financial crises of 2008. Furthermore, the increment in residential prices, Chinese banking system and increment in FED interest rate could lead to new future recession. These identified factors mainly increase the chances of new financial crises, which could hamper global financial market. Reference: Adebambo, B., Brockman, P. and Yan, X.S., 2015. Anticipating the 20072008 Financial Crisis: Who Knew What and When Did They Know It?.Journal of Financial and Quantitative Analysis,50(04), pp.647-669. Armantier, O., Ghysels, E., Sarkar, A. and Shrader, J., 2015. Discount window stigma during the 20072008 financial crisis.Journal of Financial Economics,118(2), pp.317-335. Bourkhis, K. and Nabi, M.S., 2013. Islamic and conventional banks' soundness during the 20072008 financial crisis.Review of Financial Economics,22(2), pp.68-77. Chodorow-Reich, G., 2014. The employment effects of credit market disruptions: Firm-level evidence from the 20089 financial crisis.The Quarterly Journal of Economics,129(1), pp.1-59. Floyd, E., Li, N. and Skinner, D.J., 2015. Payout policy through the financial crisis: The growth of repurchases and the resilience of dividends.Journal of Financial Economics,118(2), pp.299-316. Garcia-Appendini, E. and Montoriol-Garriga, J., 2013. Firms as liquidity providers: Evidence from the 20072008 financial crisis.Journal of Financial Economics,109(1), pp.272-291. Nasdaq.com. (2014). [online] NASDAQ.com. Available at: https://www.nasdaq.com/article/8-reasons-why-a-new-global-financial-crisis-could-be-on-the-way-cm383267 [Accessed 23 Feb. 2017]. Reddy, K.S., Nangia, V.K. and Agrawal, R., 2014. The 20072008 global financial crisis, and cross-border mergers and acquisitions: A 26-nation exploratory study.Global Journal of Emerging Market Economies,6(3), pp.257-281. Reinhart, C., 2013. Goodbye inflation targeting, hello fear of floating? Latin America after the global financial crisis. Thebalance.com. (2017). [online] The Balance. Available at: https://www.thebalance.com/role-of-derivatives-in-creating-mortgage-crisis-3970477 [Accessed 23 Feb. 2017].

Geoengineering Global Temperature Stabilization

Question: Discuss about theGeoengineeringfor Global Temperature Stabilization. Answer: In the readings and videos, it has been noted that geoengineering for modifying earths climate, has raised several questions regarding its effectiveness, earths climate and adverse effects and regulation. However, the existing legal system and treaty regimens are not satisfactory to adequately monitoring or regulating the processes of geoengineering (Vaughan and Lenton 2011). Thus, the key theme revealed from the reading and videos is the need for the development of a governing framework for geoengineering. Geoengineering is a large-scale human intervention with the earth in order to change the earths climate. There are several techniques made by human intention to manage the climate change and related issues, to control earths climate, global temperature stabilization sucking excess carbon dioxide from the air. However, there are several criticism against geo-engineering. So its the governances question, who can control the technology, how and where these are deployed. A moral question has been raised in this context that would deploying geoengineering technology give us the free pass to continue the carbon polluting activities? There are also social angles of the issue, that who is paying for the technology, who is getting profit from it and who is impacted? Considering the criticism while proceeding with the geoengineering development, we need to develop precautionary principles (Habib 2017). These principles, provided by UNESCO include, proportionality, scientific analysis, scientif ic plausibility, possibility of unacceptable harm, pre-defined intervention, systematic consideration and consequences of moral inaction. There are three important elements of precautionary principles, while considering geoengineering. The first one is the burden of pre-flaws with the advocates to demonstrate the safety of the new geoengineerig technology. The second principle is to incorporate ethical responsibility for maintaining the integrity of natural eco-systems. The third principle is the acknowledgement of fallibility of human understanding. The current international legal framework regulating geoengineering framework is jumbled along with several gaps in the regulation, especially with respect to the regulation in areas beyond the national jurisdiction of solar radiation management methods (Habib 2017). None of the instruments is significant to regulate the geo-engineering methods, highlighting the need for more comprehensive governance model for taking these technologies more seriously in the policy sphere. The development of an international geoengineering governing framework is important to meet several normative governance principles for SRM to these criteria. A multilateral regime is desirable for meeting the normative principles for the regulation of SRM. The international reglations for SRM (solar radiation management) will eliminate the decision on SRM deployment from the community of nonstate players; nonstate actors deployment would violate the governance principles. There is a lack of transparency through the SRM activities, thus, establishing transparency through the regime is important for meeting the principles (Lloyd and Oppenheimer 2014). On the other hand, the incentives for complying with an internationbal framework and the compensation for non-compliance would reduce the chances of unilateral actions, thereby improving the chances of meeting the normative principles of global public consent. Finally, a legal and effective governance regime would be able to decrease the risk of a moral hazard dilemma, whereas mitigating the further weakening of prospects of SRM, through imposing suitable decision-making processes. A successful regime would help to make it difficult to raise the SRM se, relative to the implementation of emission mitigation and adaptation of innovations. Reference List Habib, B., 2017. 09.1 Ben Habib - Geoengineering and the Precautionary Principle. [online] YouTube. Available at: https://www.youtube.com/watch?v=6_UaQVycQUM [Accessed 19 Apr. 2017]. Habib, B., 2017. 09.2 Ben Habib - International Governance of Geoengineering. [online] YouTube. Available at: https://www.youtube.com/watch?v=MK_WMFStZP0 [Accessed 19 Apr. 2017]. Lloyd, I.D. and Oppenheimer, M., 2014. On the design of an international governance framework for geoengineering.Global Environmental Politics,14(2), pp.45-63. Vaughan, N.E. and Lenton, T.M., 2011. A review of climate geoengineering proposals.Climatic change,109(3-4), pp.745-790.