almost everyone in their life. Finance professionals have the unique responsibility of managing assets and analyzing risks to ensure the future success of a company or organization. Though I ultimately chose to major in International Business as my undergraduate course, I also studied business, management, economics, and finance. These courses impressed upon me the importance of the financial sector in the economy. It is due to my understanding of the importance of finance and investment, coupled with
Case study on Ponzi scheme of a Non-Banking Finance Company COMPANY BACKGROUND Nidhi Aadhar was a NBFC based in Surat. It was incorporated four years ago in Jan 2012 and has now been a defunct company. Nidhi Aadhar was charged of initiating a Ponzi scheme that out busted all of a sudden and company was not in a position to return the money it had collected. The company was promoted by two brothers with a back ground of real estate business and had a strong backing of powerful political leader. Company
tool which analyzes the real estate industry in Egypt where Ma’aly function, and to evaluate Ma’aly’s position in the marketplace regarding its products and services, then we will propose two strategies that will provide a blueprint to strengthen Ma’aly’s position, mitigate risks, address areas for improvement, sustain a strong financial position, and move the organization forward to new accomplishments. Company’s Description Ma’aly is a national for profit holding real estate investment organization
opportunities and employment. Subsequently, they sent home part of the earnings that accrue to them in the host country. What are the motives behind such remittances sent home? Is it for self-interest, family utility or profit purposes? This part of the study seeks to find out. The literature on remittances identifies altruistic reasons as a fundamental motive for migrant remittances. Lucas and Stark (1985) assert that ‘’certainly the most obvious motive for remitting is pure altruism- the
Co-founders of Ares Management, currently working as Chief Executive Officer of Ares Management GP LLC and he is Ares’ general partner. Antony P. Ressler graduated from Georgetown University’s School of Foreign Service with the degree of BSFS and studies his MBA at Columbia University’s Graduate School of Business. 5. Bennett Rosenthal Bennett Rosenthal is another of the Director and Co-founders of Ares Management, and currently he is Co-Head of Private Equity Group of Ares Management LP and a general
CASE STUDY 1: GREAT DEPRESSION 1929 The Great depression occurred in the United States of America (USA) during 1929 and lasted until 1939. The 1920’s, also known as the ‘Roaring twenties’, was a decade were the USA economy expanded rapidly. At that time people had found a new way of making money, very fast, through the buying and selling of market stocks. The interesting thing about this ‘new’ way of making money is that it did not differentiate economic status, hence the problem. Because anyone
Introduction to The Article: Many countries in the world are giving priority to urban development due to rapid urbanization and to reach rapid economic growth. In large cities or mega cities they are used to be the centres for many economic activities and opportunities which attracts outsiders for various purposes like education, employment, better infrastructure
Japan's Bubble Economy in Late 1980s Introduction This paper attempts to understand the environment wherein after three decade long “Economic Miracle,” Japan experienced a bubble economy in late 1980s in which stock, real estate prices, economic activity, money supply and credit inflated to a soaring height. The structure of the paper delineates between macroeconomic and microeconomic issues. After reviewing the factors for the formation of the bubble the paper then proceeds to discuss the collapse
anti-trust waivers. According to the history of the United States Senate Committee on Finance, the leagues were finding it difficult to receive approval from the House Judiciary Committee Chairman, Emanuel Celler. It appears that Congressman Celler became a stronger supporter of antitrust laws after the Sports Broadcasting Act. In order to push through the approval, Commissioner Rozelle, struck a deal with the Senate Finance Committee Chairman, Russell Long. Senator Long agreed to include the merger on
banking, industrial finance, agricultural finance, financing of trade and international banking. Among the clients of the bank are multinational companies, Indian conglomerates, medium and small industrial units, exporters and non-resident Indians. The large presence and vast resource base have helped the bank to build strong links with trade and industry.