Bernie Madoff Essay Example for Free

Bernie Madoff Essay The things I will be talking about are the ways they examined the financial events surrounding Bernie Maddoff, and the events surrounding Enron. Also they way that Enron dealt with the consequences and implications for the lack of code of ethics. The financial events that were surrounding Bernie Maddoff where that â€Å" the financial world begins this week still in a daze over the spectacular collapse of an alleged Ponzi scheme by onetime Wall Street legend Bernard Madoff — possibly the biggest swindle ever committed by a single person. Its a stunning fraud that appears to be of epic proportions, Andrew Calamari of the Securities and Exchange Commissions New York Regional Office said in a statement after the FBI arrested Madoff last week. Its unclear how many institutions and individuals will suffer from losses that federal authorities say Madoff privately pegged at $50 billion. † The reason that he had easy assess to all of this was because he knew the system from being the chairman of Nasdaq from 1990-1991 and 1993. Another one was the â€Å"officials allege that Madoff falsified reports from a secretive money management service that he owned — run separately from his main stock transaction firm — to make it appear to be more successful than it was. Madoff allegedly kept it going by taking cash from unwitting new investors to pay customers who wanted to redeem their holdings. In a January SEC filing, Madoff said he managed $17. 1 billion in assets for 23 clients. But potential victims could number in the hundreds and possibly thousands and include major banks, hedge funds, charities and pension funds. Responding to an SEC lawsuit, on Friday, U. S. District Judge Louis Stanton in New York froze the assets and accounts of Madoffs investment business and appointed Lee Richards, an attorney at Richards Kibbe Orbe, as receiver. Madoffs lawyers have denied the charges but did not return calls for comment. Madoff was released after posting $10 million in bail. He faces up to $5 million in fines and up to 20 years in jail if convicted. The SEC and U. S. Attorneys office say their investigation is continuing and declined to comment. † Madoff got himself in trouble by using money he did not have to pay off customers from all the new invertors. Then after a while New York realized what he was doing so they arrested him for what he was doing because it was not ethical at all.

Use of Disquietude and Pleasure in Oedipus the King :: Oedipus the King Oedipus Rex

Use of Disquietude and Pleasure in Oedipus the King      Ã‚  Ã‚   At the very core of   Sophocles' tragedy, Oedipus the King, lies emotional confusion. Sophocles purposely creates within his readers this sense of emotional confusion and self-awareness through his use of both disquietude and pleasure.      When he grows up, unknowing of his adoption, he discovers his doomed fate from an Oracle.   Seeking to escape it, he flees from Colonus.   Once upon the road, Oedipus discovers his path blocked by a man, whom he perceives to be a robber.   He kills this man, who turns out to be his father, and unknowingly fulfills the first part of the prophecy.   Soon, he comes to Thebes, which is being terrorized by a terrible monster, the Sphinx.   The Sphinx wanders the streets surrounding the city, asking travelers an unanswered riddle.   Oedipus encounters the Sphinx, and answers its riddle, causing the Sphinx to kill herself in disbelief.   The citizens of Thebes, who have recently found themselves kingless, appoint Oedipus king and give him Queen Iocast? for his wife as a reward.   The couple lives together happily and produces four children.   Some years later, the city is beset by a terrible plague.   It is prophesied that the only way to cure the city is to find the kil ler of the previous king, and bring him to justice.   Oedipus, who wishes to solve the city's peril, relentlessly seeks out the answer to the problem.   He soon discovers the hideous truth; he has killed his father, married his mother, and fathered her children.   He returns home to find that his wife/mother has committed suicide, and, unable to deal with the reality of this wretched reality, he takes the broaches from her gown and gouges his eyes out.      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The gruesome details of this story make for several examples of disquietude.   The most obvious example occurs when Oedipus gouges his eyes out with Iocaste's broaches.   This scene is vividly described by the Chorus of Theban Elders, "Deep, how deep you drew it then, hard archer, At a dim fearful range, and brought dear glory down" (name of author and page #).   Not only is this scene physically disturbing, but it is emotionally disturbing due to the dramatic irony.   Oedipus, before this, was blinded by his intellectual arrogance.   Now, he has been humbled by fate and sees his mistakes, but is physically blind.   Along with this example, there are two other examples of disturbing physical events.

Hw assignment revised Essay

Culture includes everything about a particular group’s way of life; from high art to the most ordinary behavior (what we eat for breakfast, for example). It is defined as the manner of life for a whole society and the sum of socially transmitted behavioral patterns and can be classified into values, norms, institutions and artifacts. The set of distinctive features of a society or a social group, which includes emotional, spiritual and intellectual, can be called as culture. It encompasses the community’s ways of existing together, its value systems, customs and ideals. Everything we do, from our food to our behavior can be considered as culture. From the essay, â€Å"From Culture to Hegemony, culture is defined as the norm of life. Barthes who used the model of linguist de Saussure, sought to uncover the latent meanings of the norms. He tried it from boxing to little things. Transmission of culture is done through language, material objects, customs, institutions, and art, passed from one generation to another generation. Usually, this transmission remains intact and â€Å"pure†; however, when foreign influences set in either through cultural diffusion and/or assimilation, naturally, the native culture will have become irreparably modified. In â€Å"From a Native Daughter†, Haunaini-Kay Trask, bemoans the rape of her native lands culture. How the haole invaded their land and proceeded to change their history. For her historians like the missionaries from whom she had her education, were a part of then colonizing horde, one part colonized the spirit and the other the mind. She believed that any outsider were to understand them, one should first know their language, their songs, their chants, their customs, and their bond with the ‘aina (the land). She said, â€Å"This bond is cultural, it can only be understood culturally†¦Ã¢â‚¬  IDEOLOGY: Ideology includes the underlying ideas that shape culture. These ideas are often what we take for granted, i. e. they are unconscious. For example, the idea that success is gained through going to college and getting a high paying job seems so obvious as to be truth. However, it is part of an ideology. A trick in identifying ideologies is to look for undefined terms in a statement. What does â€Å"success† mean and where did that meaning come from? Ideology is the organized collection of underlying ideas that shape the culture. Being unconscious, they are often taken for granted. They are abstract thoughts applied to reality and every society has an ideology on which they base their actions on. From Marx’s Ideology as quoted in Subculture: the meaning of Style by Dick Hebdidge, ideology is defined as a set of common beliefs that lie beneath the awareness commonly known as â€Å"common sense†. This common sense, although transparently, validates ideas. These taken for granted phenomena can function as signs, which in turn, will reflect the reality of the culture and can be analyzed through mapping them on a range of potential meanings. Power and class are parameters which extends and vary ideology thus making it achievable to have different levels of divided labor. Our education system is the one who is responsible in instilling the ideology into the individuals of the society. In other words, the ideologies are maps of probable meanings which serve to have persons think their way into positions of power or subordination. HEGEMONY: A form of power usually built on ideologies. Instead of bullying (i. e. using coercion) to get your way, it’s easier and more sustainable to make your victim believe that your way is the right way. For example, car makers don’t have to force us to buy new cars at gunpoint; it’s easier to make us think that getting a new car every couple of years is simply what one does. The underlying ideology might be that newness equals human progress. Hegemony is the subtle almost undetected authority of one individual over another and/or one group of people over another group. This dominance however doesn’t use threats or force. Naturally, the dominant party in our society has their advantages. For example, a dominant party can dictate the terms of trade to its advantage. Moreover, our cultural perspectives became in favor of the dominant group. It controls the way ideas are discarded or neutralized. It happens in a process where hegemony alters our notions of common sense of a given society. According to the Gramsci, hegemony is the association of social groups exerting total social authority through coercion, imposition of thought or shaping consent. Familiar examples of this include the selling of cars where you coerce your buyers to buy because it is only right that you get yourself a car and thinking that it is simply what one does after a few years of using an old car. It may also because of the ideology that’s behind it is that a new car means an improvement in your lifestyle. Hall is also quoted in Subculture: the meaning of style, in the chapter, From Culture to Hegemony, Hall (1977) was cited saying, â€Å"hegemony refers to the situation in which a provisional alliance of a certain social group exerts total social authority over other subordinate groups not only through coercion or by the direct imposition of ruling ideas but by winning and shaping consent so that the power of the dominating class appears to be legitimate and natural†¦ â€Å" DEFAMILIARIZATION: Lastly, defamiliarization, also called â€Å"ostanenie† is a method of forcing the audience to see common things in an unfamiliar way. It is done in order to improve the insight of the familiar. Religion is a tried and tested way of bringing order to a world of chaotic events. In the article, World View and the Analysis of Sacred Symbols, from the Antioch Review by Clifford Geertz wherein he describes how religion is composed of sets of symbols that are in turn composed of meanings that can only be stored in the symbols. He says that a people’s ethos is the way they dress or their movements and the way they talk. In general it is the quality of their lives while the world view is the cognitive aspect reflects how the people view the natural order of things as they are found in their world. All of these things are in some way or another affected by the religion of the people. Geertz considers the wajang as the clearest illustration of the relationship between the metaphysical (i. e. religion, belief etc†¦) and the people of Java’s actual values. The wajang is the ritual shadow play using puppets that usually lasts all night and well into the early morning. The gamelan is the director musician and storyteller all in one. The most famous characters in the wajang are the Pendawas and the Korawas, and their endless wars. The Pendawas represent the five senses that must always work together to come up with just and good decisions. They represent calm detachment from the everyday events of life which is the way these myths are interpreted and translated into the actual culture that is in the peoples of Java. The Korawas on the other hand represent passion and indiscretion. They are the representative icons that depict the capacity of religion not only to set the standards of ideal living but also delineate the workings of evil and destruction. Just like the Navajo looks at everything that is good and productive as in the form of a circle and thus evokes the circle in everything they do, so does the Javanese in their quest to detach themselves from the passions of everyday life to transcend into inner serenity and peace. Their world views affect their ethos and in turn dictate how they view their reality and consequently how they react to it. The concept of defamiliarization as defined above is also effectively illustrated in the article by George Orwell, Shooting an Elephant. In this article he tells the readers how he had to kill the elephant not because he had to do it to save the people, or because it is truly a danger, in spite of it having killed a â€Å"coolie†, he says that he killed the animal to save himself from looking like a fool it is expected of him to not be afraid, to be consistent (and thus consistent in his initial impulse to kill the elephant). His nationality and the empire he represents have created such a concept that as a member of the empire he is expected to conform to. Thus his actions no matter how mundane and ordinary they are will not have correspondingly simple interpretations at least as far as the natives are concerned.

Dealing With Modern Day Racism - 1748 Words

31825 - WRIT-110-09 INTRO TO COMPOSITION WP3 FINAL Draft Salem AlNajjar on Thu, Dec 04 2014, 10:20 PM Submission ID: 62837104 final 3.doc Word Count: 1,757 Attachment ID: 83265946 Salem 7 Dealing With Modern Day Racism Racism is defined as whichever attitude, inaction, or action, which undermines a person or group owing to differences in ethnicity, color, and race. To most societies, the term racism† revolves around the numerous attitudes and views of different racial groups. Most racial views are particularly undesirable stereotypes about one or more racial clusters as well as the opinion that one s own racial group is greater than the rest. To sociologists, this common premise of racism is more accurately termed as prejudice†. However, outside this agreement, the views of modern racism are debatable. This article is a proposal on racial discrimination with prospect of ending racism and discrimination in the United States. On August 28, 1963 at Lincoln Memorial, in his famous â€Å"I Have a Dream† Speech, Dr. Martin Luther King stated, â€Å"I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin but by the content of their character†. Decades have passed by yet the modern America tends to be closed-minded, in case anything is unusual, or unfamiliar to them, it is rejected. The ordinary American simply does not understand a decent perspective, particularly in conversation about trying to comprehend otherShow MoreRelatedRacism And How Laws Created Over Centuries1158 Words   |  5 PagesThis paper investigates many different articles and reports on the origins of racism and how laws created over centuries have still failed to completely annihilate the practice of bigotry against minorities. 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