3. What was the political and economic background of Orange county before the bankruptcy in 1994?
The Orange country bankruptcy of 1994 was a severe blow to investment market for public players. It was a result of investment strategies implemented through multiple risky leveraged bonds without making sufficient risk assessment. They better that the interest rates would fall and made invetments with that view. The investments has yielded good profits in the beginning making it possible for the County to run smoothly even without increasing taxes etc. But later the market environment and the Federal Bank started increasing the interest rates. This increased interet rates led to fall in yield of multiple bonds in the investment pool of Orange County leading to investors asking for extra margin payments the investment pool lost $1.64 billion. All these let to a cash crunch for the County to meet the new payment requirements leading to the declaration of Bankruptcy in 1994.
3. What was the political and economic background of Orange county before the bankruptcy in 1994?
What are the economic and political arguments for regional economic integration? Given these arguments, why don’t we see more substantial examples of integration in the world economy? The EU is a large, and overall generally successful, example of economic and political integration. If this is so why then why is the UK leaving - Brexit?
What is the connection between political democracy and economic democracy?
This discussion explores the political and economic reforms in Myanmar that are changing the nation’s future. For decades, Myanmar languished under a brutal military dictatorship. With its economy at a virtual standstill thanks to corruption and poor management, Myanmar, despite its wealth of natural resources, became one of the poorest countries in the world at a time when its neighbors were experiencing rapid economic growth. Sanctions by the United States and the European Union imposed in response to the corrupt...
What are the 3 events that happened during the period of Modernism (1902–1945) political, religious, economic, or social event that occurred AND how each event affected the humanities.
Orange County and other counties have recently discovered that marijuana should be decriminalized. What are your thoughts about decriminalizing marijuana? Will this method increase wreck (DUI) as result of this method? What crimes are usually associated with marijuana?
what are social, political and economic forces that contributed to the development of cities in the united states according to Crab grass Frontier?
There are five personal values. The five are theoretical, economic, aesthetic, social, political, and religious. What is the economic person like? What makes the economic person stand out from the others? Describe the typical economic person.
Support of Background Checks by Political Party: In April of 2013, the U.S. Senate did not pass a bill to expand background checks to all gun sales despite popular approval of the idea. Gallup conducted a poll on this issue with the question: Would you vote for or against a law to require background checks for all gun sales?. The results by political affiliation are summarized in the contingency table below. Observed Frequencies: Oi's Republican Independent Democrat Totals For Checks...
What are 5 Domains ( Social, Economic, Business, Physical, Political) of Globalization in IMMIGRATION?
1. Social Factors 2. economic factors 3. competition 4. political factors determine what marketing strategy can realistically accomplish for a business perspective on the above factors.