1. What part did your text book publisher McGraw Hill play in the financial collapse?
The subsidiary of McGraw Hill , the famous rating agency Standard and Poor's had a role in the collapse of the financial market during the Subprime crisis. Prior to the start of the financial crisis, S&P acted corruptly, it used to get fess from Bankers and Underwriters to rate the securities high. This charge was accepted by S&P CEO before the House Oversight and Government Reform Committee during investigation.
The artificial high ratings given by S&P aided in the steep increase in the prices of Mortgage backed securities offering high return. Investors fell for these securities in the lure of higher returns . After the housing prices started falling from 2016, most of the mortgages became delinquent and the asset backed securities lost most of their values and created a deep crisis in the financial market leading to the great recession. Many investors lost their investment and became bankrupt. At the root of the crisis remained the credit agencies like S&P who manipulated with ratings and brought about the crisis.
1. What part did your text book publisher McGraw Hill play in the financial collapse?
create table books (title text primary key,pubdate text,publisher text,publishercity text,scope text); create table publishers (publisherName text,founded date,founderName text[],headquarters text); insert into books values ('the gremlins', 1943, 'random house', 'new york', 'children'), ('sometime never: a fable for supermen', 1948, 'charles scribner''s sons', 'new york', 'adult'), ('james and the giant peach', 1961, 'alfred a. knopf', 'new york', 'children'), ('charlie and the chocolate factory', 1964, 'alfred a. knopf', 'new york', 'children') insert into publishers(publisherName, founded, founderName, headquarters) values ('random house', 'Jan 1, 1927',...
What part did advances in technology play in creation of the "New Woman"? What group of women was was largely excluded from this progress? ✴
Refrence Deegan. (2016). Financial Accounting . McGraw-Hill Education, Australi On 1 January 2019, Rake Ltd had equity accounts as follows. Share capital (60 000 shares issued for $30 each) General reserve Retained earnings $1 800 000 250 000 900 000 During the year, the following transactions occurred. Feb. 1 Mar. 1 July 1 Declared a $0.60 cash dividend per share to shareholders, payable on 1 March. Paid the dividend declared in February. Declared a 10% share dividend to shareholders, distributable...
MATH16-0866-SP20 McGraw-Hill Education Campus McGraw Question 5 of 5 (1 point) Attempt 4 of Unlimited View question in a popup 14. 1 Section Exe Life-saving drug: Penicillin is produced by the Penicillium fungus, which is grown in a broth whose sugar content must be carefully controlled. Several samples of broth were taken on three successive days, and the amount of dissolved sugars, in milligrams per milliliter, was measured on each sample. The results were as follows. Day 1: 4.9 5.4...
Exercise#7 In your opinion how did the world trade center collapse, change and redefine the culture and construction of today 1-Identify and name three ways we changed the built environment due to the 9/11 events 2-Analyze if these are functioning well or net and why? Exercise#7 In your opinion how did the world trade center collapse, change and redefine the culture and construction of today 1-Identify and name three ways we changed the built environment due to the 9/11 events...
the question is about Midsummer Night's Dream. What did you like about the play or what didn't you like? Remember to support these ideas with examples from the text.
what part did the National Labor Relations Act (Wagner Act)play in union organizing? What were some major union highlights-needed to show you have a good understanding of the creation of unions?
1. Why did the gold standard collapse? Is there a case for returning to some type of gold standard? If so, what is it? 2. What opportunities might current IMF lending policies to developing nations create for international business? What threats may they create?
1. Why did the gold standard collapse? Is there a case for returning to some type of gold standard? If so, what is it? 2. What opportunities might current IMF lending policies to developing nations create for international business? What threats may they create? (Please type response)
1) Following is cost structure of an independent comic book publisher: Fixed cost = 75,000 Variable cost = 8.00 per book Selling price = 13.00 per book Compute the following: How many books have to be sold to make a profit of 2000 dollars? (3 points) The publisher has an estimate of demand of 5000 books. At what selling price would the publisher break even? (6 points) #2) TransCanada Corp. is in the business of manufacturing toys...