The Relevance of the Book, The King of Torts The U.S court system has numerous cases in it, they range from multi million dollar cases (including the bank crisis, or the car business for example) to less severe cases called torts. A tort is a legal term defined as “ A wrongful act that does not include breach of contract. This offense damages the injured parties property or reputation, leaving that party able to gain compensation.” (Dictionary.com) The book The King of Torts is about a man named Clay Carter. He has a stable job, it doesn’t pay as much as he wishes. He in the scheme of one week goes from making 100,000$ a year to making 5,000,000$ in one case.
In 1994, Rwanda’s population of seven million was composed of three ethnic groups: Hutu (approximately 85%), Tutsi (14%) and Twa (1%). In the early 1990s, Hutu extremists within Rwanda’s political elite blamed the entire Tutsi minority population for the country’s increasing social, economic, and political pressures. Tutsi civilians were also accused of supporting a Tutsi-dominated rebel group, the Rwandan Patriotic Front (RPF). Through the use of propaganda and constant political maneuvering, Habyarimana, who was the president at the time, and his group increased divisions between Hutu and Tutsi by the end of 1992. The Hutu remembered past years of oppressive Tutsi rule, and many of them not only resented but also feared the minority.
Ozyegin could buy back the international subsidiaries for $580 million and agree to a non-compete clause for three years. Based on my analysis of the information given I recommend that Ozyegin accept NBG’s offer. Summary of Facts Finansbank began as a small Turkish bank in 1987; the bank was able to capitalize on the lack of sufficient financial institutions in a growing economy through innovation and rapid expansion. Finansbank faced some problems in the Turkish banking crisis of 2001 like all other Turkish banks, but it rallied on and by 2006 had 208 branches from the original 4 in 1987. Finansbank expanded internationally as well with profitable subsidiaries in the Netherlands, Switzerland, Russia, Romania and Ukraine.
There was no outlet for employees to express their concerns. Top hierarchy granted compensation and bonus beyond the company guidelines to a select group of individuals based on their loyalty to them. Expense to Revenue Ratio (E/R) Ratio Ebbers was obsessed with revenue growth and insisted on a 42% E/R ratio. He encouraged managers to push for revenue, even if it meant that long term costs would out weigh the short term gains. As business operations declined post the 1st quarter in 2000, CFO Sullivan used the following accounting tactics to achieve targeted performance: 1.
The concurrent protection provided takes the form of the absence of damage inflicted upon the store or its employees by the racket itself. Other types of rackets include bribery and illegal gambling. (www.u-s-history.com 2/22/13) Jobs were very hard to find and people needed to provide for their families, gangsterism was dangerous but provided an easy way to make money. When the American government passed the Eighteenth amendments outlawing
Ways in which crime is promoted include the poverty of the working class, capitalists encouraging the purchase of goods by advertising resulting in utilitarian crimes and frustration and aggression of the working class caused by the alienation and lack of control in their lives may lead to an increase in non-utilitarian crimes. However the Marxists also appreciate crime is not confined to the working class. Ruthless competition among capitalists lead to white-collar and corporate crimes such as tax evasion. Although these crimes are equally as serious as ‘petty’ working class crimes, there is much less focus on white collar crime despite the negative impact it has on the working class. Protestors ensured that the recent Bank
Jim Gilchrist, MBA, CPA, Founder and President of The Minuteman Project, in an Aug. 26, 2005 speech titled “The Crushing Economic Burden of Illegal Immigration” said, “I’ve tried to figure out the costs since I have this tax background. What is the cost to each of us as taxpayers to support 30 million illegal aliens, many of whom are working in the underground economy and not contributing to the tax system? And yet they’re using the system that bona fide taxpayers provide and pay for…” (Gilchrist) United States immigration policy has, with a wink and a nod, encouraged the growth of a low rate sector that is supplied to a large degree by unauthorized workers. Perhaps employers and consumers are benefitting, but as citizens, Americans are abetting the growth of an underprivileged class. Research shows that between 40 and 50 percent of wage loss among low skilled Americans is due to the immigration of low skilled workers.
I would consider unorganized crime to be crimes such as assault, drug dealing, murders, aggravated assault, rape, and robbery (Types of crime, 2013). Organized crimes on the other hand, are crimes thoroughly thought out and careful executed to gain wealth and power within the crime world. I would consider organized crimes to be crimes such as weapons smuggling, drug trade, prostitution, illegal gambling, or money laundering (Type of crimes, 2013). The difference in the two forms of crime are unorganized is a crime committed with little to no thought and organized crime are thought through. With two group different form of crime come two different types of individuals who commit these crimes.
I would describe organized crime as groups of people taking the time to commit criminal activity without being caught by law enforcement officers. I have in the past thought about the mafia or drug cartels concerning organized crime. I had never given much thought to gangs being a part of organized crime. Many organized crime groups have law enforcement and politicians on their payroll, which disturbs me. The very people whose job is to protect society will deceive people to make illegal money.
Racketeering, a term referring to organized crime groups participating in more than one of the other criminal activities associated with organized crime. Victimless crimes or vice operations that are crimes that do not have a victim (The Challenge of Organized Crime, n.d). Vice operations can include activities such as gambling, drugs, and prostitution. Another area is theft, which is the illegal taking of goods that are redistributing those goods for financial gain. Gangs and terrorist groups are other areas of criminal activity that can be associated with organized crime.