Mobile Is a Distruction Essay Example

Mobile Is a Distruction Essay Technology is surrounding the world today, it is used in every aspect including hospitals, office buildings, fire departments, even in schools. I feel there is no need to ban the use of cell phones in schools, they can help in many different ways. By keeping our community updated with all the new technologies out there will help make a more useful point to all of these new gadgets.As a student at ********* High School I feel that the use of cell phones should be allowed. In class there are not always enough calculators for every student to use, most likely every student in the room will have a cell phone, and on that cell phone there is always a calculator, allowing the use of these phones for school use they can then lower the districts budget now being able to subtract calculators.Every phone has either a memo pad or a notepad, in schools they give each student a assignment book which is supposed to be used throughout the school year to write down their school assignments and work needed to be completed. In this world today every teenage student has their cell phone steady on hand which their school assignment book should be, but are not. In this case if students could have their cell phones in class they could put their work into their cell phones with an alarm and never miss an assignment due.I think teachers should give their students a certain amount of time to put their assignments in their phones so they will only be able to use their phones for school related things. During class the teacher may ask the students to research something, while taking the whole class down to the library would take to long, many students have internet access on their cell phones which could be used at the tip of their fingers. This would save time and would allow the teachers more time to teach.The camera devices on the cell phones can come in handy also, if a student is absent a friend can take a picture of their work and send it to their friend to keep him/her updated wit h missing work. It is realistic that there will always be bulling through text message, online, or face to face, although if someone is bulling another student through text message that student could save these messages as proof to show authority of what was really said.There will always be problems with cheating on tests, although to solve this problem since the teacher already knows that every student has a cell phone, the students would have to take their cell phones out, turn them off and place them on the corner of their desks during test time. The use of cell phones in school may take away the students urge to use them, which would than create a better learning place for these students.

Barangay Information System Essay Essays

Barangay Information System Essay Essays Barangay Information System Essay Essay Barangay Information System Essay Essay Significance of the Study -This survey was made to happen out that the usage of abode information system will decrease the clip for the dealing of encoding. Besides in utilizing this system it can acknowledge the individual involve in this survey. To the Barangay – It will assist for them to decrease the clip for the dealing of encoding. The system will be the nose count like holding a system of the barangay for all of its components and new people who will populate in the topographic point. The system will be effectual in keeping. seeking and hive awaying of records of all occupant in the barangay. To the Residence – For they will be accommodated easy for they will hold an designation that can be used to entree their histories if there are some alterations to be done in their portion. It will besides be easy for them in bespeaking some information and services because the barangay had already hold it. This will besides guarantee the occupants that their information is decently secured and maintain through the use of the proposed system. To the Secretary of the Barangay – It will assist to form the record and supervise the information of the abode. Foreign For farther apprehension of the survey. the research workers made usage of different reading stuffs related to the information system. These stuffs such as books. magazines. newspapers. thesis and other web articles are indispensable in broadening the cognition of the research workers. These will besides steer the research workers to accomplish their mark aims by acquiring thoughts on other related surveies and do betterments as possible. Harmonizing to Jennifer Rowley ( 2005 ) . information system are a tool to back up information direction. Information systems are progressively being used in organisations with the object of supplying competitory advantage. The information systems used by organisations can be grouped into different types such as dealing processing system. executive information system. adept systems and office information systems. Information Technology has heralded the coming of the information society. The University of Minnesota Research and Training Center has released its one-year Residential Information Systems Project study. The study provides state-by-state statistics with long-run tendencies on residential services. scenes. populations and expenditures for people with developmental disablements in province. nonstate. and Medicaid-funded residential plans. Features of occupants. motion and staffing forms in big province residential installations are included. The study uses 2012 information to analyze tendencies in residential supports for people with developmental disablements. The study found that the bulk of people with IDD that do non populate with a household member live in a scene with three or fewer people with IDD. with more than three-fourths sharing a place with six of fewer people. The study notes that there are important differences in the informations between provinces for many subject countries. including puting size. waiting lists. and mean outgos for HCBS. O’Brien. ( 2011 ) defines information system as the organized combination of people. hardware. package. communicating webs and informations resources. that control. transform and disseminateinformation in an organisation. In partial fulfillment for the demands in Software Project presented to the module of IT Department Ebora. Vanessa Grace I.Casas. Lori Anne S.Rapisora. Sheryl L.Tambongco. Steven Chapter 1The Problem and Its BackgroundIntroduction Puting of the StudyThe survey was conducted at Barangay Katipunan-Bayani which has a approximative popul. ation of 8. 000 occupants. The barangay is located at Rodriguez Ave. Tanay. Rizal. Vicinity map of Barangay Katipunan-Bayani Theoretical Model Conceptual Model Statement of the Problem This discuss about the jobs of bing system that will be resolve by the research worker through computerized Residence Information Sysytem1. Open- beginning informations2. Back-up storage incase of loss3. Time consuming of registering application signifier4. Sharing of paperss5. File storage AimsGeneralThe research worker aims to develop a system that will assist the client to cut down the burden of the barangay staffs in salvaging the occupants files. Specific1. Have a security to secured all the of import records of the occupants.2. Have a back-up storage file in instance of perverting informations.3. Have a network-based for easy transferring of file needed.4. Have a information base for informations storage. Scope and Restriction The system is designed to hold a security for the records to be secured that merely the authorised individual can merely manage the system. It can be saved on a booklet for file back-up. It has informations base for storage of saved informations. It can publish paperss such as Barangay Clearance. Indigency etc. The system can non bring forth difficult transcript of entire records of barangay components. it did non incorporate abode figure.

Stem Cell Research Legislaion Paper Example | Topics and Well Written Essays - 1250 words

Stem Cell Legislaion - Research Paper Example However, actual research on stem cells began in the 1960s and the 1970’s when treatment of many immunodeficiency conditions and leukemia was sought from stem cells (UK Stem Cell Foundation 2011). In general, at that time, since the scope of stem cell research was huge and could also be life-saving in certain circumstances, people recommended using such technology. Even today, several diseases such as cancer, heart disease, etc, are incurable and a stem cell research may offer a chance. Not only are the people looking towards the government to permit the use of this technology, but also federal funding is being sought to sponsor this technology. In one patient who was suffering from HIV/AIDS, the use of stem cells from a person who had a resistant gene variant helped the patient to stop taking antiviral medications. However, the use of embryonic stem cells poses a lot of ethical issues as they have the potential to form life (Research America 2012). Stem cell research is not pr o-life and often the promises that they offer are not evidence-based and only distance possibilities. No cure for any disease has been obtained from stem cell research nor has this form of research proceeded beyond laboratory animals. When George W Bush had taken the office in 2001, he enacted a ban on stem cell research with an intention of ending federal funding on it as it involved destroying human life. Here since human life was being used merely for the sake of experimentation and harvesting body parts, the Congress sought for the ban on stem cells (Wertz, 2002). However, the Congress sought the use of stem cells without destroying embryonic cells that had the potential to transform into human beings. In 2004, the California Institute for Regenerative medicine was setup in order to regulate the research findings and the research facilities. Institutions seeking financing fro stem cell research have to approach the California Institute for Regenerative medicine. In 2007, the Bus h Administration sought the reversal of the earlier policy which sought to inhibit the federal spending on stem cell obtained from human embryos. In 2009, Barack Obama signed the executive order that permitted stem cell research on human embryos. In 2011, greater clarification on the federal funding was being sought as federal funds could only be spent on researching stem cells and not destroying the human embryos (American Association for the Advancement of Science 2011). 2. How does it compare to comparable statutes in the rest of the world? The US is not the only nation to have a problem with regulating stem cell research and many other nations including the EU may ban stem cell research derived from embryonic stem cells. Many of the governments across the world have been funding stem cells research. In China, stem cell therapy centers are present which uses stem cells from umbilicus or autologously generated for treating several disorders such as Parkinsonism and cerebral plays. In Australia, informed consent is required from the couple undergoing IVF for stem cell research and only those embryonic cells that are going to be wasted can be used for stem cell research. During clinical research trials, the embryonic stem cells donated by the users can be used only after taking informed consent. Any embryo that is fertilized within a women’

Smart Fabric Research Paper Example | Topics and Well Written Essays - 1250 words

Smart Fabric - Research Paper Example These fabrics are created in such a way that they can control heating and cooling. These fabrics can be used in medicine, sports, military uniforms among others. The technology in these fabrics is such that it can react to sounds, actions and movement. These textiles have been applied in healthcare, communication, music and in recent research it could be used in military. Smart fabrics are a promise of revolution for lifestyle, commerce and physical conditions of individuals (Nugent, 2006). While smart clothes offer a wide range of advantages if incorporated in the textile industry, it faces two major setbacks: unpredictability and unobtrusiveness. After years of research, finally a wearable clothing electronic system is coming up (Surhone,2010). This will provide a stable setting for commercial applications. Currently, the available solutions are mostly focused on the fitness sector and also heartbeat rate supervision through clothing electrodes. There is research working on developing a fabric or belt that will help monitor a baby’s heart rate before they are born. This will fit more in a lifestyle aspect of smart fabric application than in a medical one since monitoring the heartbeat may not be a medical requirement. In turn, it could lead to a fabric or belt that helps monitor difficult pregnancies (Plunkett, 2008). Truth is, fabrics envelop every aspect of our lives be it security, fashion, trends, sports, or health and hence, it should be convenient and accessible at all times. There is touch sensitive fabric that has been created (Lymberis, 2004). It has all qualities of ordinary fabrics, but the inclusion of to uch sensors makes it more versatile, innovative and desirable. These effects transform the fabric from a simple product to a high-tech interaction device which can be applied in many sectors in life (Surhone,2010). D3O, a non-Newtonian fluid, has been incorporated in some smart fabrics over time. Smart fabrics with this fluid embedded in them help protect the individual wearing it during impacts such as collisions, car accident and falls. This is because the fluid has properties that make it safe and reliable during impact. It moves slowly, but on shock, it locks itself together and absorbs shock to disband energy. This aspect of the fluid has seen it sawn on seams and linings of sporting gears that are dangerous and are prone to falls such as skiing (Plunkett, 2008). The energy produced during the fall is spread throughout the polymer, and through the chemical process, the energy is distributed throughout the matrix of the gears and thus reduces the expected impact. Smart fabrics a re textiles that have embedded sensors to create exceptional products that help individuals not only monitor their health, but also stay in touch with technology. It is important to understand the types of sensors available (Lymberis, 2004). Sensors are devices that react and give responses to physical stimuli such as magnetic fields, noise, defined movement, light and heat and, in turn, send out a resultant impulse to measure or manage a control. There are three types of sensors: Extrinsic Fabry-Perot (EFPI), Fiber Bragg Grating (FBG), and Ling Period Grating Sensor (LPG). These sensors are embedded into the fabrics in many different ways such as weaving them with other fabric yarn also known as battery fabric, crimpling them into fabric and weave designing. The EFPI and FBG sensors have the best qualities as at now to embed in fabrics, to make smart materials (Nambisan, 2007). The EFPI sensor helps measure temperature,

Public Opinions of UFOs and Previous Research

Public Opinions of UFOs and Previous Research DO THE OPINIONS PEOPLE HAVE ABOUT UFOS PROVE THAT UFOS ARE THERE? Introduction Edward U. Condon, 1968, defined UFO (short for unidentified flying object), as an object seen in the sky and thought to be capable of flight , which observers could not identify. Most scientists studying UFOs adopt such a definition. According to Ruppelt,1956, the first reported photograph of a UFO was made on July 4th, 1947 in Seattle, Washington. Edward U. Condon, 1968 presented a scientific study on UFOs, which influenced the research of UFOs. Since that time, Mutual UFO Network (MUFON), Center for UFO (CUFOS) Centre Nationale d~tudes Spatiale Studies (CNES) Group d~tude des Phhnom5mes Ahrospatiaux Non-Identifiis (GEPAN) has emerged to carried out UFO research. (P. A. Sturroc, 1987). The UFO phenomenon has puzzled the public and the scientist for almost half centuries. According to Patricia B. Corbett, 2015, about 70% American believed that UFOs were real at the beginning of the 21st century. Literature review Don Berliner, 1995, UFO was reported in Government Statements, some was discovered by Radar , some was witnessed by narrator , some was observed by telescope. The Air Force Environmental Technical Applications Center released 3,200 UFO reports received during 1947 -1952. According to Menkello, F.V.,1969, Most UFOs could be observed in daylight with simple geometric shapes: spheres, discs, cylinders and triangles. Gillmor, Daniel S.1969 reported two witnesses observed UFO, silvery, metallic disc-shaped ,10m diameter as well the geometric, psychological and physical factors investigated . The purpose of this study is to establish whether the opinions of the public in regards to UFOs prove the existence of UFOs. Nearly all of the world’s populaces that have held in reserve written accounts of epochs gone by havedocumented the hearings and sightings of weird objects and illumination in the firmament. These objects have often been depicted as gleaming wheels, colored orbs light beams, and diskshaped bits and pieces. In the present day, inexplicable airborne phenomena are in general known as or rather christened- unidentified flying objects (UFOs) or flying saucers. Innumerable accounts of UFO sightings are present and are properly acknowledged in the literature of the study of the class of UFOs. This area of study is extensively known as ufology (Jacobs, 1975). I will discuss various literary works on whether the opinions people have about UFOs prove that UFOs are there. This paper will critique the literary works as well as answer questions like whether there are really UFOs in existence? Whether the reports on the existence of UFOs are conclusive? Different literary works will be examined and critiqued to make a final conclusion on the farfetched ideology of UFOs. The author’s individual records consist of the prime case papers of various past literary works. There are also almost certainly a few aural discussions with key onlookers to the apparent existence. This is a minor primary data base matched up to with the bona fide long-standing case investigators in the field. Some of them are in possession of or have ready contact to the USAF Project Bluebook microfilms consist of all accessible project exploratory papers from the year 1947 to the year 1969 recording almost thirteen thousand sightings. Informal readers would be implausible to encounter an opportunity to interpret such documented documentation even if they aspire to. The closest that such a booklover can get to such data is to interpret either a comprehensive exploration of an exact case assembled by a key case investigator or compilation of facts (Menzel Tavez, 1977). An immense pool of scientific information on UFOs can mostly be found only in the published accounts of witnesses. In addition to it, it can be tapped by the vigilant investigation of particulars in distinct well-documented proceedings or in the amalgamation from many analogous instances. Legitimacy of the facts is guaranteed when the records comprise of scientific information that possibly will not probably have been acknowledged to the witnesses. Oddly enough, evidence from uncomplicated, normal people can as a result be the most priceless. It is necessary to put one’s interest upon the observable fact documented rather than the personality of the witness or supplementary diversionary matters. At the time a UFO generates some noticeable outcome in our surroundings, it should be acquiescent to methodical investigation; that is, it is supposed to have a rational elucidation. As a consequence, proficient examination of UFO sightings and stories will more often than not unveil t he precise mechanism that generates the pragmatic effect, or at least recognize one that may be dependable. All experimental consequences of UFOs, apart from entirely mechanical procedures and objects, carry propositions of gravitational and electromagnetic fields in their locality. The impacts that the sightings of extra terrestrial beings or rather objects can bear an unfavorable influence onthe populace if predisposed in the wrong way. There is no concrete attestation that shows that UFOs arein existence, nevertheless scores of the reported sightings cannot be verified otherwise. The facts from the mainstream media, stories, ora person’s own understanding may time and again manipulate what someone perceives to be true. Various administrations had onceavowed that they had gotten a hold of some extra terrestrial beings and objects. On theconverse, a good number of scientists currently seem to be in agreement that approximately all sightings and accounts ofextra terrestrial beings and objects are not bona fide. Since the year 1948, the United States of America administration has proceedingsof many UFO sightings, including photos of alleged UFOs andinterviews with people who claim to have seen them. In view of the fact that UFOs were cut out as an impendin g security threat the details on these sightings were in the beginningtaken as state secret. As soon as the report was soon after declassified itgave evidence that 90 percent of each and every UFO sightings could be explained without any difficulty (Craig, 1995). The past accounts of UFO sightings and their societal and opinionated perspective and consequences comprises of the extensive subject matter of this study and offers a position for scrutiny of how experts deal with both in public and in confidence, incongruities that come out in relevance to science. The systematic appraisal of unidentified flying objects, specially undertaken by the Air Force in the year 1968 and christened as the Condon Report; accords a multifaceted case for the investigation of how the results and conclusions of the exploration were predisposed by all that had transpired on before in the area of ufology (Hauck, 1976). As per the deductions of this case study on how experts conduct themselves when faced with uncharacteristic phenomena, one could investigate substitute models that may be productive to the study of contentious research topics. One may carry out a textual investigation of Air Force intelligence of UFOs and evaluate them with sighting accounts of the public. The proof concerning UFOs incidental and sprouts from individual authentication and eyewitness stories, which are not approved as conclusive evidence; the witnesses act as the tool of breakthrough. In ufology, the most important researchers are proletarian; as a consequence the proof is indefinite and colored by the standpoint and structure of allusion of the individual researcher. Currently, there are many accounts on diverse aspects of the UFO phenomena based on people’s opinions but this does not validate their existence. Don Berliner et al, 1995 presented case history of UFOs during the period 1944-1994.These cases were from thousands of unexplained UFO reports. Some were witnessed by expert, some were described in detail. Some were authenticated . they formed the basis of the UFO mystery. These case histories offered clear patterns for research and should not be consider as collection of disparate observational errors. Each of the cases represented one or more characteristics of UFO reports: physical traces, radar/visual detection, air-to-air sightings and multiple witness observations etc. Most of these cases involved government activity to some extent. Research  Questions The question in studies of UFO photographs is â€Å"does the report have any probative value in establishing the existence of UFO?† and the secondary question is â€Å"what is the final explanation of each photograph?†(Edward U. Condon, 1968) Don Berliner et al, 1995 said the primary question â€Å"if UFOs are so different from all known phenomena, what are they?† still remained. Patricia B. Corbett ,2015 give his answer to the two question â€Å"What is needed to change the prevailing view of mainstream science concerning UFOs?† and â€Å"what do scientists need to conduct a serious investigation of the UFO phenomenon?† Paul Hill,1995 discusses the question Why UFOs Tilt to Maneuver? in his book â€Å"Unconventional Flying Objects: A Scientific Analysis† CUFOS, 2015, gave the public the answer of the following question:† What are UFOs?†,† Who sees UFOs?† , â€Å" What do UFOs look like?† and â€Å"How fast do they move?† Sturrock, Peter A., 1999 answered the question â€Å"If UFOs are real, shouldnt they produce some real physical effects?† Methodology Edward U. Condon, 1968, carried out a UFO research base on convincing case of photographic evidence and scientific investigation, but Hynek, J. S. (1972) and P. A. STURROC (1987) make specific criticisms on the methodology. A panel of the national academy of sciences, 1968 pointed out that the methodology and approach in were in accordance with accepted standards of scientific investigation. Hynek, J. S. (1972) developed the Close Encounter classification system which was considered as scientific analysis methods for UFOs. Jacques F. Vallee, 1990 carried out A survey of ten cases of UFOs. According to P. A. STURROC, 1987, investigation with one or more considered Extra-terrestrial Hypothesis was carried out in most scientific research. Scientists need conduct a serious investigation of the UFO phenomenon as the following steps :firstly to observe a physical phenomenon by their own eyes; secondly to formulate a hypothesis about the phenomenon; thirdly to carry out experiments to test the hypothesisv fourthly to draw a conclusions based on the results of the tests. Although today’s scientists are interested in UFOs, they refuse to look into the telescope and unwilling to become involved publicly. (Patricia B. Corbett ,2015). The scientific method should be open minded in the data collecting and analysis without prejudice. Sturrock, Peter A., 1999 represented a reasonable overview of the physical realities of UFOs.Sturrock, Peter A. began his study with a review of the historically important Condon Report and considered it scientifically flawed. Sturrock, Peter A’s The UFO Enigma addressed the presentations based on substantial evidence. Sturrock also addressed trace evidence which reported landings of UFOs. References A panel of the national academy of sciences,1968 ,review of the university of colorado report on unidentified flying objects, retrieved on Feb,15th ,2015 from http://www.dod.mil/pubs/foi/homeland_defense/UFOs/nas_re1.pdf Craig, Roy. UFOs: An Insiders View of the Official Quest for Evidence. Denton, Texas: University of North Texas Press, 1995. CUFOS , What are UFOs? Center for UFO Studies , retrieved on Feb,15th,2015 from http://www.cufos.org/faq_english_p1.html Don Berliner, Marie Galbraith and Antonio Huneeus UNIDENTIFIED FLYING OBJECTS BRIEFING DOCUMENT ;THE BEST AVAILABLE EVIDENCE , CUFONS, FUFOR, MUFON ,December 1995, retrieved on Feb,15th,2015 from http://www.openminds.tv/wp-content/uploads/Rockefeller-Briefing-Document.pdf Edward U. Condon, 1968, Scientific study of unidentified flying objects, released in 1999, retrieved on Feb, 15, 2015, from http://www.avia-it.com/act/biblioteca/libri/PDF_Libri_By_Archive.org/AVIATION/Final report of the Scientific study of Unidentified Flying Objects Condon E..pdf Gillmor, Daniel S., ed., Scientific Study of Unidentified Flying Objects, New York Times Books, 1969. Hauck, Dennis W., Editor, â€Å"Pilot Experiences Electromagnetic Effects,† The MUFON UFO Journal, No. 107, p.11, October 1976. Hill, Paul R.1995, Unconventional Flying Objects: A Scientific Analysis , Hampton Roads Publishing Company, Inc., Charlottesville VA. ISBN 1-57174-027-9 Hynek, J. S. (1972). The UFO experience. Chicago: Henry Regnery Jacobs, David M. The UFO Controversy in America. Bloomington, Indiana: Indiana University Press, 1975. Jacques F. Vallee, Physical Analyses in Ten Cases of Unexplained Aerial Objects with Material Samples Journal of Scientific Exploration, 1990 Menzel, Donald and Ernest Taves The UFO Enigma: The Definitive Explanation of the UFO Phenomenon. New York, 1977. Menkello, F.V., Quantitative Aspects of Mirages, USAF Environmental Technical Applications Center, 1969. P. A. Sturroc, An Analysis of the Condon Report on the Colorado UFO Project, Journal of Scientific Exploration, Vol. I, No. I, pp. 75-100. 1987 Patricia B. Corbett , UFOs A Challenge to Mainstream Science, retrieved on Feb,15th, 2015, http://www.ufoevidence.org/documents/doc569.htm Ruppelt,1956, F.J., the report on unidentified flying objects, Garden City, N.Y. doubleday, 1956. Sturrock, Peter A. The UFO Enigma: A New Review of the Scientific Evidence New York: Time Warner, 1999

Final Exam – Financial Institution

Financial Insitutions Closed book, Closed Notes 1. Final Examination Fall 2011 Roger Staiger III What is the difference between the spot market and the futures market In the spot market, trades are executed immediately, i. e. real time. In the futures markets, which is a derivatives market, trades are agreed upon today but settled lat later dates in the future. 2. What is the main difference between the money markets and capital markets? Money markets are for short-term security exchanges, i. e. less than 270 days. The capital markets are for long-term security exchanges, i. e. greater than one year. 3.What are four requirements to transfer capital within an efficient market? a. b. c. d. e. f. Stable Government Low Inflation Savings (personal, corporate, fiscal) Competition Disclosure (transparency) Fair market rules (legal system) 4. Draw the difference between direct and indirect capital formation process. Business Securities Dollars Savers Business 5. Financial Intermed. Savers De scribe the purpose of an investment banking house. a. Design Sellable Securities b. Buy securities from corporations c. Resell to ‘savers’ (broker transactions) 6. Name two sources of funds for Financial Intermediaries. . Deposits (lenders, credit unions, pension funds) b. Premiums (life insurance) c. Share issuance (mutual funds) Name four main roles for depository institutions. a. Offer deposit accounts 7. All problems equally weighted Page 1 of 7 Financial Insitutions Closed book, Closed Notes b. c. d. e. 8. Final Examination Fall 2011 Roger Staiger III Repackage (warehouse) deposit accounts Underwrite risk on loans â€Å"Expertise† in quantifying creditworthiness Provide diversification for placed loans What are the unique characteristics for a credit union separating it from other depository institutions? . b. c. d. Not for profit All business restricted to members All members share a common bond (geography, employer) Small (relatively) depository institutio n 9. Name two of the securities found in the Money Markets. a. Treasuries b. Commercial Paper 10. Name two of the securities found in the Capital Markets. a. b. c. d. Fixed income securities Mortgages Securitized products Equity 11. Define â€Å"Derivative†. An asset for which the value is derived from an underlying asset. 12. A wife purchases insurance on her husband (the marriage is loving). What type of â€Å"trader† is the wife?A â€Å"hedger† as the wife is not purchasing the instrument to profit from the loss of her husband but to provide financial security should the husband expire. The strategy is loss-minimization and therefore a hedge. 13. Name two large risks when investing abroad. a. Country Risk b. Foreign Exchange Risk c. Interest Rate Risk Note: B&C could be considered parallel due to interest rate parity. All problems equally weighted Page 2 of 7 Financial Insitutions Closed book, Closed Notes 14. Final Examination Fall 2011 Roger Staiger III Wha t is considered the leading Federal District Bank?New York Federal Reserve 15. Name three operations performed by Federal District Banks. a. b. c. d. e. Clear Checks Replace old currency Provide loans through discount window) Collect economic data Research 16. How many district banks are there in the Federal Reserve system? 12 17. Name five sources of data used by the FOMC. a. b. c. d. e. f. g. h. i. j. k. l. m. Wages Consumer prices Unemployment GDP Business inventories Foreign Exchange Rates Interest Rates Financial Market Conditions Production Levels Business Investment Residential Construction International Trade International Economic Growth 18.Why does the Federal Reserve perform Open Market Operations? a. Increase/decrease level of funds in market b. Offset impact of other conditions that affect level of funds, e. g. holiday traffic 19. Why is the reserve requirement ratio important? Represents the proportion of deposits that must be held as reserves for a financial instituti on. It is one of the determinants of the money supply. 20. What are the two rates that the Federal Reserve sets? a. Federal Funds Rate b. Discount Rate All problems equally weighted Page 3 of 7 Financial Insitutions Closed book, Closed Notes 21. Final Examination Fall 2011 Roger Staiger IIIWhat are the four components of GDP? GDP = Consumption + Investment + Government Spending + Net Exports 22. What are the goals of the Federal Reserve? a. Control inflation (price stability) at 2. 00% b. Promote Growth 23. What are the goals of the ECB? a. Control inflation (price stability) at 2. 00% 24. What are the relative sizes of each asset class in the U. S.? Fixed Income ($32,000bn) Real Estate ($20,000bn) Equities ($18,000bn) Note: In 2006, Real Estate was the largest asset class but has suffered from over $10,000bn in losses over the current financial crisis and still losing†¦ 25. What is LIBOR?London Interbank Offering Rate: Rate that 16 large global commercial banks lend 10 differe nt currencies at 15 different maturities to each other in the overnight market. 26. The world is safe and growth permeates most economies. Explain what this means for the borrowing rate for the US government using a Supply/Demand curve and cash flow diagram for Treasuries. Price S P0 P1 D Quantity P As price decreasing, yield increases, i. e. it costs more for the U. S. government to borrow. All problems equally weighted Page 4 of 7 Financial Insitutions Closed book, Closed Notes 27. Final Examination Fall 2011 Roger Staiger IIIDraw the cash flow diagram for a zero coupon bond. 28. What are three methods that a financial institution uses to manage interest rate risk? a. b. c. d. e. Maturity matching Using floating-rate loans Using interest rate futures contracts Using interest rate swaps Using interest rate caps 29. Why do financial institutions sell their own underwritten loans? a. b. c. d. Maintain services (fee based income) Sell asset (earn positive spread) Sell asset (negative spread but significantly reduced risk exposure) Turnover of capital 30. What are the three main banking regulators in the U. S.? a. Comptroller of Currency b.Federal Deposit Insurance Corporation (FDIC) c. Federal Reserve 31. What is the current insurance limit by account offered to private investors by the FDIC? $250,000 32. What was important about Glass-Steagall? a. Separated banking and securities activities b. Prevented any firm that accepted deposits from underwriting stocks and bonds of corporation c. Intended to prevent conflicts of interest 33. What important about Gramm-Leach-Bliley Act a. Repealed Glass-Steagall b. Allowed affiliation between banks, securities firms, and insurance companies 34. What was most important about Sarbanes-Oxley (SOX)? All problems equally weightedPage 5 of 7 Financial Insitutions Closed book, Closed Notes a. b. c. d. 35. Final Examination Fall 2011 Roger Staiger III Increased transparency of reporting Internal reporting processes required Centr al database of information required Executives personally verifying (signing) financial statements What was Basel? Basel I Accord 1988: 12 major countries agreed on uniform capital standards Tier 1 and Tier 2 Capital adequacy Basel II: Revision of the measurement of credit risk; explicitly account for operational risk; requires more disclosure about exposure risk Basel III: Global regulatory standards for capital adequacy and risk.Fully phased in by 2019. 36. What are CAMELs Ratings? Rating system for banks: Capital Adequacy Asset Quality Management Earnings Liquidity Sensitivity 37. What is Value-at-Risk? Risk measure that quantifies size of risk to a given confidence level over a finite period of time. 38. What is important about Dodd-Frank? Unlike SOX, it includes large private entities under the veil of regulation, e. g. hedge funds, that pose systemic risk. Also intended to add transparency and force OTC products to trade across exchanges for greater transparency. Potentially d isconnected motivations of employees and corporations for reporting fraud, i. . employees (possibly former) share in a portion of an SEC fine recovered. (note: Dodd-Frank is 2319 pages so many answers will be given full credit. The above are important highlights, but again, there is a breadth of correct answers for this question) 39. Who is the current Federal Reserve Chairperson? Ben Bernanke 40. Who is the current Treasurer AND Johns Hopkins University Graduate? All problems equally weighted Page 6 of 7 Financial Insitutions Closed book, Closed Notes Tim Geithner Final Examination Fall 2011 Roger Staiger III All problems equally weighted Page 7 of 7

The Hunters: Moonsong Chapter Forty-Two

Elena, Stefan, and Damon headed toward Elena's dorm together, and tension thrummed sharply between them. Elena had taken Stefan's hand automatical y as they walked, and he had stiffened and then gradual y relaxed, so that now his hand felt natural in hers. Things weren't back the way they had been between them, not yet. But Stefan's green eyes were ful of a shy affection when they looked at her, and Elena knew she could make things right. Something had shifted in Stefan when Damon came to rescue him, when Elena untied him and told him how sorry she was. Maybe Stefan just needed to know that whatever was between her and Damon, he was first for her. No one was shutting him out. Elena unlocked her door, and they al went inside. It had been only a few hours since she was last there, but so much had happened that it seemed like somewhere from a long time ago, the posters and clothes and Bonnie's teddy bear al relics of a lost civilization. â€Å"Oh, Stefan,† Elena said, â€Å"I'm so glad that you're safe.† She reached out and wrapped her arms around him and, just like when she took his hand, he tensed for a moment before hugging her back. â€Å"I'm glad that both of you are safe,† she amended, and looked at Damon. His black eyes met hers cool y, and she knew that, without their having to discuss it, he understood that things weren't going to go on the way they had been. She loved Stefan. She had chosen. When Stefan told them of Ethan's plan to take both of the brothers' blood and use it to resurrect Klaus, she was horrified. Not just because of the danger Stefan had been in, or because of the terrifying idea of Klaus alive again, and no doubt vengeful against them, but because of the trap Ethan had laid for Damon. He had planned to take the best of Damon – the reluctant, often marred, but stil strong love he had for his brother – and use it to destroy him. â€Å"I'm eternal y glad you're both okay,† she said again, and reached out to hug Damon, too. Damon came into her arms wil ingly, but, as she squeezed him tightly, he winced. â€Å"What's wrong?† Elena asked, puzzled, and Damon frowned. â€Å"Ethan cut me,† he said, the frown turning into a grimace of pain. â€Å"I'm just a little sore.† He tugged at his shirt, fingering a torn edge, and pul ed it up, exposing a swath of pale taut skin. Against the white skin Elena saw the long cut was already healing. â€Å"It's nothing,† Damon said. He shot Elena a wicked smile. â€Å"A little drink from a wil ing donor and I'l be as good as new, I promise.† She shook her head at him reprovingly, but didn't answer. â€Å"Good night, Elena,† Stefan said, and brushed her cheek gently with the back of his hand. â€Å"Good morning, real y, I guess, but try to get some sleep.† â€Å"Are you going after the vampires?† she asked anxiously. â€Å"Be careful.† Damon laughed. â€Å"I'l make sure he takes care with the nasty vampires,† he said. â€Å"Poor Elena. Normal life isn't going so Well, is it?† Elena sighed. That was the problem, wasn't it? Damon would never understand why she wanted to be an ordinary person. He thought of her as his dark princess, wanted her to be like him, to be better than ordinary people. Stefan didn't think she was a dark princess; he thought she was a human being. But was she? She thought briefly of tel ing them about the Guardians and the secrets of her birth, but she just couldn't. Not right now. Not yet. Damon wouldn't know why it upset her. And Stefan was so pale and tired after his ordeal with the vervain-soaked ropes that she couldn't bring herself to burden him with her fears about the Guardians. As she thought this, Stefan staggered, just a fraction, and Damon reached out automatical y to steady him. â€Å"Thank you,† Stefan said, â€Å"For coming to save me. Both of you.† â€Å"I'l always save you, little brother,† Damon said, but he was looking at Elena, and she heard the echo of when he had said the same words to her. â€Å"Even though I might be better off without you,† Damon added. Stefan gave a tired smile. â€Å"Time to go,† he said. â€Å"I love you, Stefan.† Elena brushed her lips against his softly. Damon gave her a brief nod, his face neutral. â€Å"Sleep Well,† he said. Then the door was closed behind her, and Elena was alone. Her bed had never looked more comfortable or inviting, and she lay down with a sigh, looking up at the soft light that was beginning to break through the window. The Vitale Society was gone. Ethan's plan had been stopped. The campus was safer, and a new day was dawning. Stefan had forgiven her, and Damon didn't leave, didn't turn against them. It was, for now, the best she could hope for. Elena closed her eyes and fel wil ingly asleep at last. Tomorrow would be another day.