Download or read book Global Derivative Debacles From Theory To Malpractice written by Laurent L Jacque and published by World Scientific. This book was released on 2010-04-21 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes in depth all major derivatives debacles of the last half century including the multi-billion losses and/or bankruptcy of Metallgesellschaft (1994), Barings Bank (1995), Long Term Capital Management (1998), Amaranth (2006), Société Générale (2008) and AIG (2008). It unlocks the secrets of derivatives by telling the stories of institutions which played in the derivative market and lost big. For some of these unfortunate organizations it was daring but flawed financial engineering which brought them havoc. For others it was unbridled speculation perpetrated by rogue traders whose unchecked fraud brought their house down.Should derivatives be feared “as financial weapons of mass destruction” or hailed as financial innovations which through efficient risk transfer are truly adding to the Wealth of Nations? By presenting a factual analysis of how the malpractice of derivatives played havoc with derivative end-user and dealer institutions, a case is made for vigilance not only to market and counter-party risk but also operational risk in their use for risk management and proprietary trading. Clear and recurring lessons across the different stories call not only for a tighter but also “smarter” control system of derivatives trading and should be of immediate interest to financial managers, bankers, traders, auditors and regulators who are directly or indirectly exposed to financial derivatives.The book groups cases by derivative category, starting with the simplest and building up to the most complex — namely, Forwards, Futures, Options and Swaps in that order, with applications in commodities, foreign exchange, stock indices and interest rates. Each chapter deals with one derivative debacle, providing a rigorous and comprehensive but non-technical elucidation of what happened.The book is translated and available in French, Russian, Simplified Chinese and Korean.

Download or read book Accounting for Financial Instruments written by Cormac Butler and published by John Wiley & Sons. This book was released on 2009-02-18 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This practical book shows how to deal with the complicated area of accounting of financial instruments. Containing a huge number of sophisticated worked examples, the book treats this complex subject in a way that gives clear guidance on the subject. In an introductory, controversial overview of the subject, the book highlights the mistakes that both auditing firms and the accounting standard setters are making, and demonstrates the contribution the International Financial Reporting Standards have made to the current credit crisis.

Download or read book Lao Economic Reform WTO Accession written by Kym Anderson and published by Institute of Southeast Asian Studies. This book was released on 1999 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The unilateral and regional (ASEAN) trade and investment liberalizations pursued by the Lao PDR during the past few years have begun transforming the economy. The next logical step is to join the World Trade Organization, an application for which was submitted in 1998. The WTO legal bindings will give traders and investors increased confidence in the Lao reform programme. This book outlines what the WTO accession process involves, what policies the Lao Government will have to change, and what the economic effects will be, particularly on rural development.

Download or read book Methods of Future and Scenario Analysis written by Hannah Kosow and published by . This book was released on 2008 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Public paper of the presidents of the United States written by George W. Bush and published by Government Printing Office. This book was released on 1982 with total page 822 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Ernst Zermelo written by Heinz-Dieter Ebbinghaus and published by Springer. This book was released on 2010-10-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This biography attempts to shed light on all facets of Zermelo's life and achievements. Personal and scientific aspects are kept separate as far as coherence allows, in order to enable the reader to follow the one or the other of these threads. The presentation of his work explores motivations, aims, acceptance, and influence. Selected proofs and information gleaned from unpublished notes and letters add to the analysis.

Download or read book Finite Model Theory written by Heinz-Dieter Ebbinghaus and published by Springer Science & Business Media. This book was released on 2005-12-29 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a thoroughly revised and enlarged second edition that presents the main results of descriptive complexity theory, that is, the connections between axiomatizability of classes of finite structures and their complexity with respect to time and space bounds. The logics that are important in this context include fixed-point logics, transitive closure logics, and also certain infinitary languages; their model theory is studied in full detail. The book is written in such a way that the respective parts on model theory and descriptive complexity theory may be read independently.

Download or read book Selected Fairy Tales written by Various Authors and published by eBookIt.com. This book was released on 2013-07-11 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: In one of the large and rich cities of China, there once lived a tailor named Mustapha. He was very poor. He could hardly, by his daily labour, maintain himself and his family, which consisted only of his wife and a son. His son, who was called Aladdin, was a very careless and idle fellow. He was disobedient to his father and mother, and would go out early in the morning and stay out all day, playing in the streets and public places with idle children of his own age. When he was old enough to learn a trade, his father took him into his own shop, and taught him how to use his needle; but all his father's endeavours to keep him to his work were vain, for no sooner was his back turned, than he was gone for that day, Mustapha chastised him, but Aladdin was incorrigible, and his father, to his great grief, was forced to abandon him to his idleness; and was so much troubled about him, that he fell sick and died in a few months. Aladdin, who was now no longer restrained by the fear of a father, ...

Download or read book Debates on Democratization written by Larry Diamond and published by JHU Press. This book was released on 2010-09-15 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: If democracy means anything, it means robust debates. Over the years, the pages of the Journal have certainly seen their share of lively and illuminating scholarly disagreements. As a service to students and teachers who wish to deepen their understanding of the questions and controversies that surround contemporary democratization, the Journal has now brought together a series of exchanges on the topic. --

Download or read book Chemical Harmonization written by United States. Congress and published by Createspace Independent Publishing Platform. This book was released on 2018-02-12 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chemical harmonization : hearing before the Subcommittee on Consumer Affairs, Foreign Commerce, and Tourism of the Committee on Commerce, Science, and Transportation, United States Senate, One Hundred Seventh Congress, first session, July 26, 2001.

Download or read book Civil Society and Democratization written by Isidro Morales and published by SAGE Publications, Incorporated. This book was released on 1999-09 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the end of the Cold War, a renewed interest in civil society emerged. Today, civil society, trust, democratization, social capital, and volunteerism are a primary focus among the social sciences. The end of the Cold War meant such issues in the social sciences, neglected during many years of military confrontation, came back into prominence. Voluntary groups are being given large roles, and the state is being challenged by them. The search is on for ways to encourage democracy. Free trade and globalization are part of the equation, but much attention is being focused on the role of NGOs (non-governmental organizations). The claim is that without a healthy voluntary sector, the long-term survival of a democratic society is doubtful. Civil Society and Democratization, a special issue of THE ANNALS, features articles written by both domestic and international scholars on this ever growing area of discussion. Articles in this issue cover these important topics: · Debates on civil society both in the United States and abroad · Civil society and political elections · Religion and civic engagement · Civil society and volunteerism This special issue is a comprehensive discussion of how political confidence is built and eroded in a world that unimaginable only ten years ago. It is an indispensable guide to the problems of sustaining the gains made by democracy since the collapse of the Soviet Union and will be of great interest to academics and professionals concerned with processes of social change.