Flight and The Snake by John Steinbeck Essays

Flight and The Snake by John Steinbeck Essays Flight and The Snake by John Steinbeck Paper Flight and The Snake by John Steinbeck Paper Essay Topic: Flight The Long Valley John Steinbeck is a well-known author who was born in Salinas, California in 1902. The town of Salinas later became the setting of many of his stories, includingâ€Å"Flight† and â€Å"The Snake†, which were short stories in the Long Valley. Steinbeck was well known for his writing style. He was a master of imagery and symbolism, and he made sure the reader had a clear picture of what he was writing. In â€Å"Flight† and â€Å"The Snake† he uses animal references for the main characters, Pepe in â€Å"Flight† and the mysterious woman in â€Å"The Snake†. Besides those references, both stories use color symbolism to describe the character and setting. Both Stories also indicate what happens when an individual is stripped of what they are, either material or psychological. Using these references and symbols makes the readers think more deeply into the story. Even though both stories use similar references and symbolism, the two stories are comp letely different. Many interpretations have been given to both stories so many people will have different opinions on what these two stories mean. As with Steinbeck’s other writings, both â€Å"Flight† and â€Å"The Snake† take place in Salinas, California, one setting out in the Torres ranch and the other setting in a laboratory.â€Å"Flight† tells a tale of an unprepared youth’s failure to achieve maturity (Placentino, 1980) and â€Å"The Snake† tells a story about a Marine Biologist meeting a mysterious woman and what effect she has on him. Animal imagery is used throughout both stories. In â€Å"Flight†, Steinbeck describes Pepe as having as having â€Å"sharp Indian cheekbones and his â€Å"eagle nose†, suggesting his primitive animal-like nature (Placentino, 1980). Snake references are also used for Pepe as when he throws his knife, his wrist â€Å"flicked like a head of a snake† (Placentino, 1980).Similarly, in â€Å"The Snake†, the mysterious woman is described as being snakelike, swaying back an :

How to Come Up With Great College Essay Ideas

How to Come Up With Great College Essay Ideas SAT / ACT Prep Online Guides and Tips Writing the college application essay is a tough gig. You’ve got to be charming, personal, memorable, and insightfulall in under two pages! But I’m going to tell you a secret: half of a great personal essay is a great topic idea. Ifyou’re passionate about what you’re writing, and if you’re truly documenting something meaningful and serious about yourself and your life, then that passion and meaning will come alive on the page and in the mind of your reader. So how do you come up with an essay idea? The best way is to brainstorm your way to an event from your life that reveals a core truth about you. In this article, I will help you do just that. Keep reading to find 35 jumping off points that touch on every possible memory you could harness, as well as advice on how to use your brainstorming session to fully realize your idea for an essay topic. What Makes an Essay Topic Great? What does your application tell admissions officers about you? Mostly it's just numbers and facts: your name, your high school, your grades and SAT scores. These stats would be enough if colleges were looking to build a robot army, but they aren't. So how do they get to see a slice of the real you? How can they get a feel for the personality, character, and feelings that make you the person that you are? It's through your college essay.The essay is a way to introduce yourself to collegesin a way that displays your maturity. This is important because admissions officers want to make sure that you will thrive in the independence of college life and work. This is why finding a great college essay topic is so hugely important: because it will allow you to demonstrate the maturity level admissions teams are looking for. This is best expressed through the ability to have insight about what has made you into you, through the ability to share some vulnerabilities or defining experiences, and through the ability to be a creative thinker and problem solver. In other words, a great topic is an event from your past that you can narrate, draw conclusions from, explain the effect of. Most importantly, you should be able todescribe how it haschanged you from the kind of person you were to the better person that you are now. If you can do all that,you are well ahead of the essay game. How Do You Know If Your College Essay Topic Is Great? Eric Maloof, the Director of International Admission atTrinity UniversityinSan Antonio, Texas hasa great checklist for figuring out whether you're on the right track with your essay topic. He says, if you can answer "yes" to these two questions, then you've got the makings of a great essay: Is the topic of my essay important to me? Am I the only person who could have written this essay? So how do you translate this checklist into essay topic action items? Make it personal.Write about something personal, deeply felt, and authentic to the real you (but which isnot an overshare). Take a narrow slice of your life: one event, one influential person, one meaningful experience – and then you expand out from that slice into a broader explanation of yourself. Always think about your reader. In this case, your reader is an admission officer who is slogging through hundreds of college essays. You don’t want to bore that person, and you don’t want to offend that person. Instead, you want to come across as likable and memorable. Put the reader in the experience with you by making your narrow slice of life feel alive. This means that your writing needs to be chock-full of specific details, sensory descriptions, words that describe emotions, and maybe even dialog.This is why it’s very important to make the essay topic personal and deeply felt. Readers can tell when a writer isn’t really connected to whatever he is writing about. And the reverse is true as well:deep emotionshows through your writing. Writing with deep emotion: because you can't just stick smileys all over your college essay. Want to write the perfect college application essay? Get professional help from PrepScholar. Your dedicated PrepScholar Admissions counselor will craft your perfect college essay, from the ground up. We'll learn your background and interests, brainstorm essay topics, and walk you through the essay drafting process, step-by-step. At the end, you'll have a unique essay that you'll proudly submit to your top choice colleges. Don't leave your college application to chance. Find out more about PrepScholar Admissions now: Coming Up With Great College Essay Ideas Some people know right off the bat that theyhave to write about that one specific defining moment of their lives. But if you're reading this, chances are you aren't one of these people. Don't worry - I wasn't one of them either! What this means is that you - like me - will have to put in a little work to come up with the perfect idea by first doing some brainstorming. I've come up with about 35 different brainstorming jumping off points that ask questions about your life and your experiences. The idea hereis to jog your memory about the key life events that have shaped you and affected you deeply. I recommend you spend at least two minutes on each question, coming up with and writing down at least one answer - or as many answers as you can think of. Seriously - time yourself. Two minutes is longer than you think! I would also recommend doing this over several sittings to get your maximum memory retrieval going - even if it takes a couple of days, it'll be worth it. Then, we will use this list of experiences and thoughtsto narrow your choices down to the one topic idea that you will use for your college essay. Brainstorming Technique 1: Think About Defining Moments in Your Life What is your happiest memory? Why? What was good about it? Who and what was around you then? What did it mean to you? What is your saddest memory? Would you change the thing that happened or did you learn something crucial from the experience? What is the most important decision you’ve had to make? What was hard about the choice? What was easy? Were the consequences of your decision what you had imagined before making it? Did you plan and game out your choices, or did you follow gut instinct? What decision did you not have any say in, but would have wanted to? Why were you powerless to participate in this decision? How did the choice made affect you? What do you think would have happened if a different choice had been made? What the most dangerous or scary thing that you’ve lived through? What was threatened? What were the stakes? How did you survive/overcome it? How did you cope emotionally with the fallout? When did you first feel like you were no longer a child? Who and what was around you then? What had you just done or seen? What was the difference between your childhood self and your more adult self? What are you most proud of about yourself? Is it a talent or skill? A personality trait or quality? An accomplishment? Why is this the thing that makes you proud? Kevin was inordinatelyproud of his full and luxuriant head of feathers. He hatedbeing called a bald eagle, always posting on his Facebook that the "bald" is short for "piebald," or multicolored. Brainstorming Technique 2: Remember Influential People Which of your parents (or parental figures) are you most like in personality and character? Which of their traits do you see in yourself? Which do you not? Do you wish you were more like this parent or less? Which of your grandparents, great-grandparents, or other older relatives has had the most influence on your life? Is it a positive influence, where you want to follow in their footsteps in some way? A negative influence, where you want to avoid becoming like them in some way? How is the world they come from like your world? How is it different? Which teacher has challenged you the most? What has that challenge been? How did you respond? What is something that someone once said to you that has stuck with you? When and where did they say it? Why do you think it’s lodged in your memory? Which of your friends would you trade places with for a day? Why? If you could intern for a week or a month with anyone – living or dead, historical or fictional – who would it be? What would you want that person to teach you? How did you first encounter this person or character? How do you think this person would react to you? Of the people you know personally, whose life is harder than yours? What makes it that way – their external circumstances? Their inner state? Have you ever tried to help this person? If yes, did it work? If no, how would you help them if you could? Of the people you know personally, whose life is easier than yours? Are you jealous? Why or why not? Svetlana was always jealous of climbers whose mountaineering careers weren't limited to flowers and small shrubbery. Brainstorming Technique 3: Recreate Important Times or Places When is the last time you felt so immersed in what you were doing that you lost all track of time or anything else from the outside world? What were you doing? Why do you think this activity got you into this near-zen state? Where do you most often tend to daydream? Why do you think this place has this effect on you? Do you seek it out? Avoid it? Why? What is the best time of day? The worst? Why? What is your favorite corner of, or space in, the place where you live? What do you like about it? When do you go there, and what do you use it for? What is your least favorite corner of, or space in, the place where you live? Why do you dislike it? What do you associate it with? If you had to repeat a day over and over, like the movie Groundhog Day, what day would it be? If you'd pick a day from your life that has already happened, why would you want to be stuck it in? To relive something great? To fix mistakes? If you'd pick a day that hasn't yet occurred, what would the day you were stuck in be like? If you could go back in time to give yourself advice, when would you go back to? What advice would you give? Why? What effect would you want your advice to have? For Matilda, the main challenge of time travel was packing. Just how do you fit one of those giant Elizabethan ruffle collars into a carry-on? Brainstorming Technique 4: Answer Thought-Provoking Questions If you could take a Mulligan and do over one thing in your life, what would it be? Would you change what you did the first time around? Why? Or, if you could take another crack at doing something again, what would you pick? Something positive – having another shot at repeating a good experience? Something negative – getting the chance to try another tactic to avoid a bad experience? Which piece of yourself could you never change while remaining the same person? Your race? Ethnicity? Intellect? Height? Freckles? Loyalty? Sense of humor? Why is that the thing that you’d cling to as the thing that makes you who you are? Which of your beliefs, ideas, or tastes puts you in the minority? Why do you think/believe/like this thing when no one else seems to? What are you most frightened of? What are you not frightened enough of? Why? What is your most treasured possession? What would you grab before running out of the house during a fire? What is this object’s story and why is it so valuable to you? What skill or talent that you don’t have now would you most like to have? Is it an extension of something you already do? Something you’ve never had the guts to try doing? Something you plan on learning in the future? Which traditions that you grew up with will you pass on? Which will you ignore? Why? Finnigan couldn't wait to introduce his future children to his family's birthday tradition - lemons. Brainstorming Technique 5: Find a Trait or Characteristic and Trace It Back What are three adjectives you’d use to describe yourself? Why these three? Which of these is the one you’re most proud of? Least proud of? When did you last exhibit this trait? What were you doing? How would your best friend describe you? What about your parents? How are the adjectives they’d come up with different from the ones you’d use? When have they seenthis quality or trait inyou? What everyday thing are you the world’s greatest at? Who taught you how to do it? What memories do you have associated with this activity? Which aspects of it have you perfected? Imagine that it’s the future and that you’ve become well known. What will you become famous for? Is it for something creative or a performance? For the way you will have helped others? For your business accomplishments? For your athletic prowess? When you make a speech about this fame, whom willyou thank for putting you where you are? What do you most like about yourself? This is different from the thing you’re most proud of – this is the thing that you know about yourself that makes you smile. Can you describe a time when this thing was useful or effective in some way? Thinking about her punk crewcut always made Esme smile. That hair was made to rock. Want to build the best possible college application? We can help. PrepScholar Admissions is the world's best admissions consulting service. We combine world-class admissions counselors with our data-driven, proprietary admissions strategies. We've overseen thousands of students get into their top choice schools, from state colleges to the Ivy League. We know what kinds of students colleges want to admit. We want to get you admitted to your dream schools. Learn more about PrepScholar Admissions to maximize your chance of getting in. How to TurnYour Brainstorming List Into an Essay Topic Now that you have a cornucopia of daydreams, memories, thoughts, and ambitions, it's time to thin the herd, prune the dead branches, and whatever other mixed metaphors about separating the wheat from the chaff you can think of. So how do you narrow down your many ideas into one? Use the magic power of time. One of the best things you can do with your stack of college essaytopics is to forget about them. Put them away for a couple of days so that you create a little mental space. When you come back to everything you wrote after a day or two, you will get the chance to read it with fresh eyes. Let the cream rise to the top. When you rereadyour topics after having let them sit, do two things: Cross out any ideas that don't speak to you in some way. If something doesn't ring true, if it doesn't spark your interest, or if it doesn't connect with an emotion, then consider reject it. Circle or highlight any topics that pop out at you. If it feels engaging, if you get excited at the prospect of talking about it, if it resonates with afeeling, then put it at the top of the idea pile. Rinse and repeat. Go through the process of letting a few days pass and then rereading your ideas at least one more time. This time, don't bother looking at the topics you've already rejected. Instead, concentrate on those you highlighted earlier and maybe some of the ones that were neither circled nor thrown away. Trust your gut instinct (but verify). Now that you've gone through and culled your ideas several times based on whether or not they really truly appeal to you, you should have a list of your top choices - all the ones you've circled or highlighted along the way. Now is the moment of truth. Imagine yourself telling the story of each of these experiences to someone who wants to get to know you. Rank your possible topics in order of how excited you are to share this story. Really listen to your intuition here. If you're squeamish, shy, unexcited, or otherwise not happy at the thought of having to tell someone about the experience, it will make a terrible essay topic. Develop your top two to four choices to see which is best.Unless you feel very strongly about one of your top choices, the only way to really know which of your best ideas is the perfect one is to try actually making theminto essays. For each one, go through the steps listed in the next section of the article under "Find Your Idea's Narrative." Then, use your best judgment (and maybe that of your parents, teachers, or school counselor) to figure out which one to draft into your personal statement. Handing out trophies toyour top three ideas is entirely optional. How to Make Your Idea Into a College Essay Now, let's talk about what to do in order to flesh out your topic concept into a great college essay. First, I'll give you some pointers on expanding your idea into an essay-worthy story, and then talk a bit about how to draft and polish your personal statement. Find Your Topic'sNarrative All great college essays have the same foundation as good short stories or enjoyable movies – an involving story. Let's go throughwhat features make for a story that you don’t want to put down: A compelling character with an arc. Think about the experience that you want to write about. What were you like before it happened? What did you learn, feel, or think about during it? What happened afterwards? What do you now know about yourself that you didn’t before? Sensory details that create a â€Å"you are there!† experience for the reader. When you’re writing about your experience, focus on trying to really make the situation come alive. Where were you? Who else was there? What did it look like? What did it sound like? Were there memorable textures, smells, tastes? Does it compare to anything else? When you’re writing about the people you interacted with, give them a small snippet of dialog to say so the reader can â€Å"hear† that person’s voice. When you are writing about yourself, make sure to include words that explain the emotions you are feeling at different parts of the story. An insightful ending. Your essay should end with an uplifting, personal, and interesting revelation about the kind of person you are today, and how the story you have just described has made and shaped you. Draft and Revise The key to great writing is rewriting. So work out a draft, and then put it aside and give yourself a few days to forget what you’ve written.When you come back to look at it again look for places where you slow down your reading, where something seems out of place or awkward. Can you fix this by changing around the order of your essay? By explaining further? By adding details?Experiment. Get advice. Colleges expect your essay to be your work, but most recommend having someone else cast a fresh eye over it. A good way to get a teacher or a parent involved is to ask them whether your story is clear and specific, and whether your insight about yourself flows logically from the story you tell. Execute flawlessly. Dot every i, cross every t, delicately place every comma where it needs to go. Grammar mistakes, misspellings, and awkward sentence structure don’t just make your writing look bad – they take the reader out of the story you’re telling. And that makes you memorable, but in a bad way. Hint: writing that's flawless definitely did not wake up like this. The Bottom Line Your college essay topicneeds to come from the fact that essays are a way for colleges to get to know the real you, ayou that is separate from your grades and scores. A great way to come up with topics is to wholeheartedly dive into abrainstorming exercise. The more ideas about your life that tumble out of your memory and onto the page, the better chance you have of finding the perfect college essay topic. Answer mybrainstorming questions without editing yourselfat first. Instead, simply write down as many things that pop into your head as you can – even if you end up going off topic. After you've generated a list of possible topics, leave it alone for a few days and then come back to pick out the ones that seem the most promising. Flesh out your top few ideas into full-blown narratives, to understand which reveals the most interesting thing about you as a person. Don’t shy away from asking for help. At each stage of the writing process get a parent or teacher to look over what you’re working on, not to do your work for you but to hopefully gently steer you in a better direction if you’re running into trouble. What’s Next? Ready to start working on your essay? Check outour explanation of the point of the personal essay and the role it plays on your applications. For more detailed advice on writing a great college essay, readour guide to the Common Application essay prompts and get advice onhow to pick the Common App prompt that’s right for you. Thinking of taking the SAT again before submitting your applications? We have put together the ultimate guide to studying for the SAT to give you the ins and outs ofthe best ways to study. Want to improve your SAT score by 160 points or your ACT score by 4 points?We've written a guide for each test about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now:

Managing change Essay Example | Topics and Well Written Essays - 2000 words

Managing change - Essay Example Clearly, there is a separation of vision within the executive leadership group mandating an immediate necessity to unify this group by way of establishing a singular strategic goal for securing the banks continued growth and obtaining policies which enhance internal productivity. A common purpose derived of senior-level unity of vision is a missing element from the organizational climate and this level of division is having a profound trickle down effect on the banking staff which further creates a disorganized and uncertain culture. Further, the rigid top-down leadership hierarchy of command established within the bank prevents empowering staff to utilize their vast skills through self-managed contributions. The breakdown of communication in the Australian Regional Bank can best be defined in the organizations lack of development regarding customer relationship management and this collapse of communication is impacting productivity on all levels. Despite the banks history of substantial successes, radical change in terms of internal practice is proposed in order to move forward as a cohesive business entity. Developing a common purpose within the executive leadership group should be recognized as a primary objective in order to establish a clear path forward in terms of how the company intends to sustain growth in its industry. While some new executives continue to resist the direction proposed by the Chief General Manager, others are attempting to mimic opposing successes established in the executives previous career position. This division amongst leadership is substantially visible to the bank employees, creating a sense of confusion, doubt, and mistrust in terms of perceived manager/employee relationships. Lack of management visibility and support, especially for companies experiencing a transitional phase, will directly affect employees perceptions about whether or not the company is well-managed (Boles & Sunoo, 1998). Faith in

How did radio and movies change people ideas and how were they used Essay

How did radio and movies change people ideas and how were they used for spreading propaganda - Essay Example They use to spend their leisure time listening to radio with their families. Radio deserves the credit for initiating the irreversible process of globalization and bringing the west together (Pease & Dennis, pp. 87-89). However, there are various events where radio was used to spread propaganda and false news. This happened during the Second World War when the prime mode of communication was Radio. Furthermore, radio also created a sense of false reality in the hearts and minds of the American people and made them close-minded, ignorant, and disillusioned. People use to remain the in state of denial and that is what made it so difficult for the American people to accept the great depression of 1930s (Vowell, pp. 45-51). Without any doubts, movies, along with many other forms of media have played a crucial role in changing the mindset of people in the west. An expert once said, â€Å"What was wrong yesterday has become acceptable today and what has become acceptable today would becom e right tomorrow† (Ross, pp. 23-39). We are living in a society where people are tolerating many things, which were banned a few decades back.

Plunkitt of Tammany Hall Essay Example for Free

Plunkitt of Tammany Hall Essay â€Å"There’s an honest graft and, I’m an example of how it works†¦I’ve seen my opportunities and I took ‘em† (3). An excerpt that defines the confident and political leader: George Washington Plunkitt. As a brilliant and successful businessman Plunkitt managed to use his method of machine politics to win the heart and commitment of people and political power. In the novel Plunkitt of Tammany Hall, author William L. Riordon, Plunkitt’s political reporter who records the many lectures Plunkitt presented at Tammany Hall. The book emphasizes on Plunkitt’s advocacy for political control and the political machine that helped him gain wealth and a political seat in Tammany Hall. In novel, Plunkitt defends the political machine by explaining the difference between â€Å"honest graft† and â€Å"dishonest graft†. Many accused the political leaders of Tammany Hall of gaining wealth from graft. Plunkitt describes the difference between the two terms. He describes â€Å"dishonest graft† as â€Å"blackmailin’ gamblers, saloonkeepers, and disorderly people† (3). In other words, the corruption of gaining political or business power used from bribery. Plunkitt’s term for â€Å"honest graft† has to do with the example of purchasing and selling off land for business projects. For example, if the town begins discussing a specific piece of land to be used for a community park, Plunkitt would buy that piece of land, inflate the price, and sell the property to the project developer. Plunkitt finds his way of profiting â€Å"honest†; I call this taking advantage of ones political power. As an â€Å"honest† Irish- American Plunkitt knows how to take advantage of the game and he will continue to play it until sand turns into stone. With the ability to win over voter’s hearts and gain political support Plunkitt comfortably knows how to keep a seat in Tammany Hall. One of his, again, â€Å"honest† tactics, Plunkitt knows how to target specific types of voters. In the chapter â€Å"To Hold Your District†, Plunkett claims how to target the lower class people. He would start house fires so that the poor would not have any clothing or food. Then Plunkitt would act as a friend to the people giving them quarters for clothing and food to win the heart of the people. In other words, he was gaining a vote. Plunkitt would even hand out candy to children to promise to make sure their parents were voting for him in elections. As a corruption to society, Plunkitt knew how fake the political act and win people over with friendships. According to Plunkitt in order to become a politician in Tammany Hall one must know how to bluff. Everything was about winning a vote, whether it was taking someone to a baseba ll game or handing out candy to children. What ever it took. As a business and political man, Plunkitt knew the political game inside and out. With corruption, he managed to continue to remain in office for countless years. Even though Plunkitt’s grammar was inferior to a professors’ or college graduate, it had nothing to do with being a political powerhouse. A politician had to have common sense and know how to gain ones trust, even if it meant dishonesty. By selling himself and taking advantage of political and business opportunities with â€Å"honest† or â€Å"dishonest† graft, Plunkitt attentiveness always kept himself in front with wealth and politically.

My Feelings on English language :: essays research papers

My feelings about the English language, including both grammar and literature, have changed several times throughout my life. These changes took place as I was influenced by my family and by the different teachers that I have had throughout my academic career. As a young boy, I knew very little about the English language, but the instruction which I have received throughout my academic career has worked to shape my feelings about the English language. My parents began reading to me when I was very young. When I was only six months old, my parents bought me a number of plastic books. Using simple picture books, my parents taught me to recognize pictures of objects and how to associate those objects with their specific names. I learned how to talk when I was only a year old, and my parents continued to read to me in order to help me build up my vocabulary. I specifically remember my mother reading Sesame Street books to me. When she read to me, she used a different voice for each of the characters. I heard the same stories read to me so many times that I began to memorize them. I was able to recite my favorite stories before I could read them for myself. While I was unable to read, my skills with the English language were developing as I learned and used the words that I heard my parents read to me. My parents, my first teachers, made learning the English language an enjoyable experience for me at a young age.  Ã‚  Ã‚  Ã‚  Ã‚   I began attending preschool at the age of three, and I have a number of memories from that period in my life. My preschool teachers made learning about the English language fun. They ingrained in me the letters of the English alphabet using a number of techniques. I remember gluing uncooked macaroni noodles onto construction paper in order to form different letters of the alphabet. The letters or words that we learned were usually associated with a fun story or with a specific color. The teachers also read a great deal to me and my fellow classmates. Story-time became something that I looked forward to. Because my preschool teachers made learning fun, I looked forward to learning more about the English language at a very young age. My parents further reinforced what I learned in preschool by continuing to read to me at home.

Obesity and Cancer Risk

According to the National Cancer Institute, obesity is a condition in which a person has an abnormally high and unhealthy proportion of body fat. Obesity is measured by calculating a person’s BMI. Years of research prove that there are connections between obesity and cancer risk. Research shows us that an increase in body weight increases insulin levels in the blood, which promote the development of certain tumors and tumor regulators. Fat cells also produce adipokine hormones, which stimulate cell growth.Leptin, which is abundant in obese people, acts on a receptor on the brain where a person exhibits appetite and promotes cell proliferation, or cell growth. Essentially, excess body weight is the catalyst for hormones in the body to not function properly while additionally promoting cell growth, which is the major cause of cancer spread. In 2007 research found 34,000 new cases of cancer in men and 50,500 new cases in women due to obesity. It is estimated that 1:5 cancer relat ed deaths are due to overweight and obesity.Obesity is associated with several cancers in the body, including in the esophagus, pancreas, colon and rectum, kidney, thyroid, gallbladder, breast (after menopause) and endometrium (the lining of the uterus). Weight gain affects the body’s immune system, certain hormones including insulin and estrogen, and factors that regulate cell division. Scientists in the American Cancer Society admit that research is limited in learning whether or not weight loss can reduce cancer risk.There is growing evidence to suggest that a reduction in weight may diminish the risk of breast cancer, after menopause, as well as more aggressive forms of prostate cancer. However, obese people who lose weight often reduce certain hormone levels that relate to cancer risk, such as insulin and estrogen. Cites: National Cancer Institute http://www. cancer. gov The American Cancer Society http://www. cancer. org The PubMed Data base http://www. ncbi. nlm. nih. gov/pubmed

Political, Social, Economic, and Intellectual Life

Between the time period of 1840 and 1860, slavery played an influential and pivotal role in the development of a new southern lifestyle. In the struggle for dominance in America, slavery was the South’s stronghold and the underlying cause in much of their motives for many of the economic instigations along with the affirmative political actions. By dominating the everyday southerner’s life, slavery also dominated the economic and political aspects of life during the height of the slavery period.By the 1840’s the Southern economy had become almost entirely slave and and agriculturally dependent. Without the dependence of slaves in the south, a person was to remain landless, poverty stricken or struggling to sustain life through the means of a minute, ineffective farm. However, even though slaves dominated the southern economy, slaveholders only included about 2 to 3 percent of the population, and most owned less than ten slaves. This small percentage of fortunate individuals were the few people successful in a slave based, cash crop, agricultural, Southern economy.In turn, the Southern economy was controlled and dominated by those who did and did not have slaves, which generated the political ideology and political atmosphere formed as a result of the utter reliance on slavery controlling all aspects of everyday life. ?Slaves in the south were the main contributors to the South’s economic success. The invention of Eli Whitney’s cotton gin made possible the wide-scale cultivation of short-staple cotton.All professionals worked diligently with one another to make sure each function, from production to distribution, was properly executed on the plantation, and that an ample supply of cotton was always present. An organized network of commerce never developed in the South, as the high demand for cotton in Europe, primarily Great Britain, and in North America, more slaves were needed in the south to continue to produce the lucrative cash crops, booming the southern economy and the need to create and reform the cash crop business.The the new cotton crop and other rising crops like rice and tobacco led to the increasing demands that were higher than the current production rate. In order for them to generate a more lucrative business, the south used slaves as a labor source to produce crops, which had the largest impact on the southern lifestyle. This in turn boosted the south's economy, which allowed the the southern life to thrive and create a distinction between themselves and the other economies of North America. Whilst slaves dominated the southern economy, slaveholders only accounted for about two to three percent of the southern population.This small, yet powerful percentage of individuals were the people successful in agricultural business and the driving force behind the usage and continuation of slavery in the South. Without slaves there would be no cotton, tobacco, or sugar production and without these integral items, the Southern economy would absolutely collapse. The South depended on slaves to fuel their economy which in turn allowed for slavery to dominate the economy and be the sole resource of the South. ?Between 1840 and 1860 many political issues, debates, and actions were inflamed by the presence of slavery.As America grew, both in population and in size, the South wanted more slave states and the North wanted more free states to increase their hold in politics and sway decisions in favor of what put them in a position for the greatest success. One important act that provoked the slavery dominated political world of 1840 to 1860 was the Kansas and Nebraska Act, composed by the highly acclaimed Democrat Stephen Douglas. This act was successful in repealing the Missouri Compromise of 1820 and called for popular sovereignty in Kansas and Nebraska which under the Missouri Compromise had been free, as dictated by federal law.The Missouri Compromise was originally an act to se ttle disputes about free states and slave states entering the Union in an attempt to keep the balance of free states and states that permitted slavery equal. To repeal this was to almost beg for revolution; hence the term â€Å"Bleeding Kansas† which included the John Brown riots and caused political and social unrest in these areas affected by the law. The Compromise of 1850 was another feeble solution to the predominate problem of run-away slaves and the recurring issue of slavery in new territories.This Compromise created stronger fugitive slave laws which satisfied Southern slave catchers and enraged Northern abolitionists. Millard Fillmore, President at the time, was inept in favoring any side and felt that this compromise would be the driving force that would keep the already fragile union together. The compromise also made California a free state, and the area won in the Mexican Cession would be subject to popular sovereignty, and lastly, dictated that there would be n o slave trade in Washington D. C. but it would remain a slave state to keep the proper balance. The weak and extremely controversial compromises would would only further split the nation on the topic of slavery and create a greater schism within the topic. From 1820 to 1860 slavery was a recurring topic in Congress and the House of Representatives. Slavery is even considered to be the cause of the Civil War and in the end, was grasped as the main reason for bloody fighting. All political issues during this time could not be discussed without the topic of slavery behind it. Read also: Theories Actually Seen in Practice in Ojt

Greed Essay - Enron and Northern Rock Corporate Collapse The WritePass Journal

Greed Essay - Enron and Northern Rock Corporate Collapse Abstract Greed Essay Enron and Northern Rock Corporate Collapse ). Created as a result of a merger between the North East Building Society and the Northern counties Permanent Building Society and the Rock Building Society, the Northern Rock Building Society was in an ideal position to create and further their own business interests. A key area of concern for investors was the fact that Northern Rock derived its capital from depositors until the deregulation efforts of the 1980’s (Marshall et al, 2012). With the relaxation of oversight, it became possible for entities such as Northern Rock to consider and implement alternate solutions for revenue increase that included heavy investment in the stock market and mortgage industry. Complementing the perception of leadership and dedication to the market were statistics that cited Northern Rock as one of the leading mortgage lenders during the period of the early 2000’s (Mclean and Elkind, 2003). With a wish to capitalize as much as possible on the conditions of the growing market, which i ncluded the American mortgage market prior to 2008, Northern Rock leadership opted to invest heavily in the subprime market that generated so much profit during this period (Dawley et al, 2012). This argument suggests that the old industry region that was home to the company’s operations had a direct impact on the initial success and eventual failure of the Ban. This initial overview demonstrates that there was a real drive to produce revenue on the part of both of these companies, which in turn fuelled their need to succeed at any cost. In both cases, Enron and Northern Rock began with a legitimate business foundation, yet desired a continual increase in power and revenue which led to poor decisions and policy implementation. In a very real way, this brief illustration suggests that the success factor prompted these companies to act in the selfish and rash manner that brought about their downfall. 2.2 Companies 2.2.1 Enron The manner in which leadership creates, endorses and implements a company policy is a critical component to any entities day to day operations (O’Connell, 2004). In this case Enron leadership including Ken Lay, Jeffrey Skilling and Andy Fastow were primarily credited with first leading the company to incredible heights, and then engineering the massive failure due to their own incredible greed. Perhaps a leading indicator of the manner of leadership Ken Lay found appealing lay in his continual support of the oil trading company headed by Borget that was deemed acceptable as long as there was a profit, regardless of method (Swartz and Watkins, 2003). Organizational culture built on greed and corruption will continue to breed these same elements throughout any organization (Solomon et al, 2004). In this case Enron leadership’s goal of creating a nature gas stock exchange was driven by the desire to increase market share and revenue. In the beginning this form of innovatio n and aggressive marketing were deemed acceptable, but with subsequent discoveries of accounts including M. Yass, or My ass, created by Borget there was an acknowledgement of corruption (Fox, 2003). Despite Enron initially endorsing Borget and his practices as the scope of the losses mounted, Ken Lay actively denied any wrong doing, taking advantage of the lack of information that he cultivated. The lack of any serious form of financial oversight allowed Enron to create questionable forms of accounting and bookkeeping that extended their perception of propriety (Solomon, 2004). During deregulation effort of the late twentieth century, there was serious contention on the part of the business community that there was a need to reduce regulation in order to benefit the consumer. Leadership at Enron eagerly campaigned on the notion that deregulation would actively increase the capacity for the worker (Swartz et al, 2003). Blaming regulation for higher electricity the lobbyists were largely successful in their drive to remove any meaningful oversight in the industry. This push included a state by state approach that allowed Enron to utilize their regional positions to great advantage, thereby ensuring a smoother experience (Boje et al, 2004). Skilling created concept of an asset lite strategy, or not actually owning the assets, simply bundling and selling the energy, which in turn provided Enron with a potential method to drastically increase revenue with little to no paper trail (Solomon et al, 2014). The summer of 1998 witnessed a bonanza for Enron as there was a perception of volatility that enabled them to drastically capitalize on the market, leading to the perception that Skilling was a genius (Swartz et al, 2003). During this period following deregulation many of the Enron’s greatest profits were made by employees finding loopholes and exploiting these accounting or business practices to the utmost in order to increase revenue (Arnold and Lange, 2005). Again, this policy of attempting to end run regulation only promotes the false ideal that the company or its employees was smarter than the system. Enron has been credited with employing many questionable accounting techniques during their period of operation in order to bolster expectations (Gordon, 2002). This drive to provide a continuous profit for the company led the leadership to adopt accounting practices that did more to obstruct the revelation of negative data in order to maintain profits. A combination of being at the right place in the form of evolving deregulation and belonging to a culture of greed and corruption created the atmosphere that prompted these increasingly poor accounting practices (Macey, 2003). At the heart of Enron’s trouble rests a lack of strong corporate governance and an increasing disregard for public regulation and investor welfare (Vinten, 2002). Beginning with methods that merely bent the rules, the accounting practices at Enron had to become larger in order to account for the burgeoning debt that was being created (Parker, 2005). This form of creative bookkeeping suggests that there was a strong knowledge that operations at the company were not only limited in scope, but there was a need to make as much money as possible at any cost. This form of accounting was illustrated in the Mark to Market accounting expansion that served to misinform investors on accurate valuations, thereby increasing Enron’s value (Shelly, 2011). While essentially legal, the stretching and reinterpretation of the rules allowed Enron to create a wide margin of profit on paper. Further, the use of limited partnership and outside parties increased the level of secrecy and uncert ainty that surrounded every Enron valuation process including the Credit Default Swaps and Collateralised Debt Obligations (Swartz et al, 2010). These measures became necessary in order to provide the company with the means to maintain expectations, bonuses and pensions. From the outset, Enron was out to make money (Jennings, 2002). Each innovation was aimed at delivering the most revenue to the leadership, not the investors. Each decision and example of culture illustrates the greed and ambition of those behind the Enron debacle. In the accounting profession a fair presentation is regarded as an accurate representation of a working operation, creative accounting is identified as flexible practice that best serves the interests of the clients, with fraudulent accounting made up of those that blatantly step outside the law (Buckley, 2011). Enron has displayed an initial fair value accounting method that degenerated into a fraudulent accounting method with evidence that paints a portrait of unrestrained greed, propped up by poor regulation and aided by tacit indulgence of success. There is a clear need to conduct ethical business in order to sustain opportunities (Gill, 2009). This was does not seem to have happened in the case of Enron. This evidence suggests that no matter how Enron had attempted to compensate for poor practice, there could have been no other plausible outcome than failure. 2.2.2 Northern Rock Initially specialising in residential and commercial mortgages Northern Rock quickly became an industry frontrunner under the leadership of Adam Applegarth in 2001(Marshall et al, 2012). This form of leadership actively profited from the prior methods of operation, utilizing the past profit to invest in the present stock market, primarily the growing sector mortgage securities. Linsley and Slack (2013) argue that prior to 2001 Northern Rock projected a ethic of care, which in turn was cited for the intense feelings of betrayal following the collapse of the Bank. There was a sense that leadership of the Bank was overly ambitious in their efforts to capitalize on their existing assets by putting all of the previous savings at risk (Marshall et al, 2012). This suggests that the clientele of Northern Rock expected their leadership to take greater care and substantially less risk. Three primary points including Northern Rocks previous existence as a building society, the local or regional nature of the bank and the appearance of the Northern Rock Foundation bolstered the perception of a caring institution that was out to serve the populace (Linsley, 2013). With the change in policy brought about by a new leader, there was a palpable sense of anger and disillusionment with both Northern Rock and the direction of their investments. It very much seems as if was this effort from the previous eras, the caring and attentive attitude that served to amplify the negativity as the bank began to crumble under the weight of poor leadership and management. With the onset of the subprime collapse in the United States and the massive international recession that followed, it became impossible for Northern Rock to meet its financial obligations, which in turn prompted the failure of the bank (Linsley et al, 2013). The innovative nature of the investment pattern such as the ‘Together’ investment scenario set out by Northern Rock was a stark departure from the mutualisation process of previous eras (Nesvetailova and Palan, 2013). With the ambitious investment goals set out by Applegarth, it became necessary for the bank to move from the 75% per cent income from depositors to a much more modest 25% with the remaining balance being accounted for by investment and loans (Nesvetailova, 2013). As reflected by consumer discontent with the policy decision, the entire process became disliked and heavily blamed for the eventual run on the bank. The new pattern of investment required Northern Rock to pursue securitization in a fashion that created special purpose vehicles in order to allow these securities to become liquid and thereby tradable (Deegan and Unerman, 2011). This process allowed Northern Rock to obscure their accurate worth by essentially hiding these accounts offshore (Scott, 20 08). With an accounting practice that was creative and innovative at the time, Northern Rock utilized this method in order to expand their projected revenues, thereby further enhancing their operations. In order to continue lending at the bank level, mortgages could be sold, or further funds borrowed on the mortgage securities, which in turn kept Northern Rock liquid initially (Gaffikin, 2008). This culture of greed no matter the cost fuelled the leadership drive to not only continue this practice, but expand it to incorporate up to 50 per cent of the Northern Rock operational platform (Deegan et al, 2011). Depending too heavily on any volatile market has the potential to put any operation at risk at any time (Domhoff, 2013). This evidence suggests that Northern Rock was substantially impacted by the subprime mortgage collapse and the inability to borrow money from the lenders. With a business model that was directly dependant on the interbank lending process, this sudden halt of funding was a severe and crippling blow, only enhanced by the need for the bank to have these funds on hand in order to shore up fading public support. The perception of dismay and lack of trust only increased as Northern Rock found itself undercut by rivals with better loan rates (Deegan et al, 2011). With no ready pool of funding available and no one to purchase the securities, some of which were frozen due to questionable value, the internal situation deteriorated to the point of collapse nearly overnight. Regulation and lack of effective constraints in the financial process has been cited as an element of the Northern Rock collapse (Nesvetailova, 2013). There was a sustained feeling that the explosive pattern of growth quickly overwhelmed any regulation effort, which in turn led to unsatisfactory testing and performance assessments. The caring culture that once benefited operations at Northern Rock was transformed to increased discontent with the announcement of the government bailout, which in turn fuelled the run on the bank (Deegan, et al, 2011). This evidence suggests that it was the very elements of safe investment that had given Northern Rock the opportunity for investment initially and that the prudent course of action would have been to maintain a pattern of considerate investment rather than an all-out bid for industry leadership. With the nationalization of the Northern Rock entity, the government became the only remaining investor, shouldering the substantial loss that had once been a thriving multi-generational company (Deegan et al, 2011). 3 Conclusion Both Enron and Northern Rock exhibited similar and distinctly different traits as this study as illustrated. Each of the companies possessed leadership that was very focused on success and revenue. This culture of greed and ambition served to initially propel both companies into positions of leadership which was demonstrated by their drastic increase in value and recognition during the early phases. While both companies began with fair trade accounting methods, there were driving forces behind each entities operation after that period. Enron began to employ outright fraud in their accounting practices, in some cases going so far as to completely create fictional assets in order to maintain viability. In contrast Northern Rock employed creative accounting methods to legally utilize their existing assets to invest in the subprime mortgage market. While Northern Rocks leadership made poor choices, there was no element of blatant fraud as perpetrated by Enron. There was a distinct organisational culture gap between Enron and Northern Rock. The ethic of care environment enacted a perception of interest in the consumers of Northern Rock aided the long term business efforts and sustained operations over generations. Enron was focused on profit and the means to increase profit from the point of inception, creating management techniques that encouraged a liberal interpretation of any regulation, placing revenue generation above the need to present a high level of honesty during operation. A similarity that binds both companies together was the leadership intention to use the open market to increase their net assets. Further, there was a directed action by both management institutions to hide the debt from the consumer and investors in order to prop up their image and brand. Once considered pioneering, creative and innovative the combination of deregulation, massive growth and complex rules provided a wide range of opportunities that these compa nies chose to exploit for their own gain. Each of these entities found itself in the position that required them to borrow money in order to meet expectations. Lacking the means to borrow money was the death knell for both of these enterprises. Northern Rock found itself caught in the subprime mortgage collapse and Enron found itself the focus of scrutiny concerning their assets and true valuation. In the end both Enron and Northern Rock exhibited poor policy decision as well as experiencing bad luck. While there is no guarantee in the business world, large scale deception and fraud will eventually come back to roost. It was the utilization of questionable practice, greed and ambition that served to derail these companies, teaching us all that honesty is indeed the best policy. 4 References Arnold, B. and De Lange, P. 2004. Enron: an examination of agency problems.  Critical Perspectives on Accounting, 15 (6), pp. 751765. Boje, D. M., Rosile, G. A., Durant, R. A. and Luhman, J. T. 2004. Enron spectacles: A critical dramaturgical analysis.  Organization Studies, 25 (5), pp. 751774. Buckley, A. 2011.  Financial crisis. Harlow, England: Financial Times Prentice Hall. Dawley, S., Marshall, N., Pike, A., Pollard, J. and Tomaney, J. 2012. Continuity and evolution in an old industrial region: the labour market dynamics of the rise and fall of Northern Rock.  Regional Studies, (ahead-of-print), pp. 119. Deegan, C. and Unerman, J. 2011. Financial Accounting Theory: European Edition, 2nd Edition, McGraw Hill. New York, NY. Domhoff, G. W. 2013.  The myth of liberal ascendancy. Boulder: Paradigm Publishers. Fox, L. 2003.  Enron. Hoboken, N.J.: Wiley. Gaffikin, M. 2008. Accounting Theory: Research, Regulation and Accounting Practice, Pearson Education. New York, NY. Gill, M. 2009, Accountant’s Truth: Knowledge and Ethics in the Financial World, Oxford, Oxford University Press. 1(1). Gordon, J. N. 2002. What Enron means for the management and control of the modern business corporation: some initial reflections.  The University of Chicago Law Review, 1(1) pp. 12331250. Gordon, R. W. 2002. New Role for Lawyers: The Corporate Counselor after Enron, A.  Conn. L. Rev., 35 p. 1185. Jennings, M. M. 2002. Primer on Enron: Lessons from a Perfect Storm of Financial Reporting, Corporate Governance and Ethical Culture Failures, A.  Cal. WL Rev., 39 p. 163. Khan, M. A. 2011. The Reasons Behind a Corporate Collapse: A Case Study of Enron.Available at SSRN 1923277. Linsley, P. M. and Slack, R. E. 2013. Crisis management and an ethic of care: the case of Northern Rock Bank.  Journal of business ethics, 113 (2), pp. 285295. Macey, J. R. 2003. Efficient capital markets, corporate disclosure, and Enron.  Cornell L. Rev., 89 p. 394. Marshall, J., Pike, A., Pollard, J. S., Tomaney, J., Dawley, S. and Gray, J. 2012. Placing the run on Northern Rock.  Journal of Economic Geography, 12 (1), pp. 157181. Mclean, B. and Elkind, P. 2003.  The smartest guys in the room. New York: Portfolio. Nesvetailova, A. and Palan, R. 2013. Minsky in the Shadows Securitization, Ponzi Finance, and the Crisis of Northern Rock.  Review of Radical Political Economics, 45 (3), pp. 349368. O’Connell, B. T. 2004. Enron. Con:â€Å"He that filches from me my good name†¦ makes me poor indeed†.  Critical Perspectives on Accounting, 15 (6), pp. 733749. Parker, L. D. 2005. Corporate governance crisis down under: post-Enron accounting education and research inertia.  European Accounting Review, 14 (2), pp. 383394. Richardson, S. 2011. From the Invisible Hand to CEO Speak: Enron and a Rhetoric of Corporate Collapse. Russell, D. 2013. Critical Studies on Corporate Responsibility, Governance and Sustainability, Vol. 3Business and Sustainability: Concepts Strategies and Changes.  International Journal of Law and Management, 55 (1), pp. 7476. Scott, W. R. 2008 Financial Accounting Theory, 5th Edition, FT Prentice Hall. Solomon, J. and Solomon, A. 2004.  Corporate governance and accountability. New York: John Wiley. Swartz, M. and Watkins, S. 2003.  Power failure. New York: Doubleday. Vinten, G. 2002. The corporate governance lessons of Enron.  Corporate Governance, 2 (4), pp. 49.

How to Choose the Right Book Cover Dimensions in 3 Simple Steps

How to Choose the Right Book Cover Dimensions in 3 Simple Steps How to Choose the Right Book Cover Dimensions When we talk about book cover design, we often talk about the color palette, typography and use of images. What we rarely mention are the dimensions of the cover. After all, it’s usually determined by the book’s trim size. That, or it’s seemingly inconsequential, as most new independent authors rely on ebook sales anyhow, where the cover only really exists on digital retailers.In this post, we'll look at the standard sizes of book covers in publishing and help you decide on the right dimensions when creating or commissioning your own design.Before we jump too far into the conversation, let's start by looking at the most popular ebook cover sizes used today.What are the recommended book cover dimensions?Kindle Direct Publishing recommended size -   2,560 x 1,600 (1.6:1 aspect ratio)Novels and Non-Fiction -   2,560px x 1,600px (1.5:1 aspect ratio)Illustrated Books -   2,800px x 3,920px  (1.4:1 aspect ratio) or  3,000px x 3,600px (1.2:1 aspect ratio)Audiob ooks -   3,200px x 3,200px (1:1 aspect ratio)These numbers might be confusing at first, especially if you're not familiar with pixels and aspect ratios. In this next section, we'll take a closer look at what these terms mean, and how they will affect your cover. Choosing the size and shape of your ebook coverThe cover on the right has half the dots per square inch (DPI) of the version on the left.Both KDP Print and IngramSpark suggest a resolution of 300 dots per square inch (DPI) for your cover design. And in the case of most printers, a CMYK (Cyan Magenta Yellow) color profile is preferred over an RGB (Red Green Blue) one.To learn more about designing your perfect cover, check out this complete guide to book cover design on the Reedsy blog.Do you have any questions or thoughts on book covers and their recommended dimensions? Drop a message in the comments below.

The UK Economy Research Paper Example | Topics and Well Written Essays - 3250 words

The UK Economy - Research Paper Example â€Å"One fundamental change causing rising inactivity is the dramatic weakening of demand for unskilled labor since at least the mid-1970s. This is mainly due to technological change, which has favored the more educated – for example, computer use – and, to a lesser extent, globalization – exports from countries with many unskilled workers†. Changes that affected the UK market considerably much vast for describing the changes that have happened throughout the recent recession, it is positive to appear at the relative positions of each group previous to this. Several groups are significantly better than others. The changes in the economic conditions of the UK market are in the various forms and they are like the changing the labor market, changing organizations and the changes in the education and the skills.Employment in the UK is characterized by age, gender, ethnicity as well as physical fitness, a growth of workforce in the United Kingdom for the last century has been so unstable, for example considering the graph shown below, which illustrates the employment rate based on age and gender in the year 2007. This trend affects organizations labor as one of the factors of production. This clearly reflects the pattern of employment in the UK.The figure above shows employment rate for men and women in London by age, as seen, working age women have a lower rate than men i.e. 63% and 77% respectively, where as employment rate of women with children and that of women without children is the same.

Subprime Meltdown Essay Example | Topics and Well Written Essays - 1000 words

Subprime Meltdown - Essay Example The article begins by discussing the case of New Century and revealing that it represented one of the biggest accounting failures at that time. At one end was the view that the accounting procedures used by the company were faulty and there were major red flags that the company did not watch out for. However, at the other end was the view that the failure of New Century was an inevitable outcome of the overall failure of the U. S Housing Industry and that the company was bound to come down in the midst of a failing market. However, the report does point out certain red flags that were not taken into account by the company and accounted for its failure. The major issue, as highlighted, was that the company did not undertake rigorous research effort into exploring the background of potential borrowers; that it had no benchmark for assessing the quality of its lending. One of the most obvious flaws was to rule out the income level of the borrower before lending him/her the loan; thus, l oans were lent despite insufficient collateral. Secondly, the company had been involved in unethical practices of advertising low rates that far deviated from the actual as a result of which the borrowers were awestruck when they had to pay the actual market rates. At the same time, the numbers were misleading. Although the dollar value of loans was said to have increased; the number of defaults increased by more than that creating a vicious cycle of debt for the lending companies. They were lending more and more for less and less backup; hence, in effect they were lending more than their ability to do so. What was more surprising was that the documentation to support these loans was often missing which simply meant that there was great room for fraud or misrepresentation. And that is exactly what happened. Individuals took loans even though they were not eligible for it which paved way for the crisis that followed. At this point one may raise the question that what was the company doing all this time? Was it being a silent watchdog, ignoring the entire activity or was it unaware of the situation? Does the responsibility of these malpractices lie with the management or not? The answer is unfortunately the former- the company’s top management did not encourage stringent check and balance; the internal controls were not in place making it very easy for individuals to commit fraud or misrepresent their backgrounds while acquiring the loans. No cross-checks were made. This is clearly evident in the findings of the article whereby it was revealed by the Court that fraudulent and unjustified alterations were made in the calculations of repurchases reserves and that, most importantly, these changes were made without any verification from higher authorities, documentation and approval. Another major inefficiency is highlighted by the case- that of fraudulent audit practices or the failure of audit department to ensure transparency by being bribed or influenced by the company they are auditing. This has been a common practice, especially where regulations are lax. However, even where regulations are stringent such practices exist and are difficult to trace before the revelation of the fraud. Hence, the