Furthermore, since 2004 due to the new legislation and to the new CEO and chairman Joseph Saunders, Providian is increasing its social responsibility focusing on the middle market rather than on the risky one, even if that means a lower default rate. What's more, Providian sold off some of the best loans to other financial companies and attained other funding.
What could company leadership have done to guide Providian in a better direction?
The company should have raised its market standard and focus on middle market rather than on insoluble customers, who almost brought Providian's bankruptcy. It should have advertised their products correctly and explicitly, this way avoiding the lawsuits and bad commercial. It might have not had the same market...
Court Management Policy Proposal The retributive and rehabilitative approaches of justice are dominant, and research suggests that they have disappointed the juvenile legal system. The rise in youth crime and critiques of the juvenile legal approaches has led to demands for reforms in the way of charging youth offenders. The retributive approach of justice suggests that juvenile offenses are violations against the state and holds the state accountable for sentencing youth
Specialized courts are alternative courts that are narrowly focused in terms of the types of cases they hear. The judges that oversee these courts are considered to be experts in their fields. Cases that fall within their parameter are routed to them. As Zimmer (2009) notes, “by transferring the adjudication of particularly difficult or complex legal issues or factual disputes from the scope of general jurisdiction courts and concentrating their
Court-Mandated Educational Course for First-Time, Juvenile Offenders Using education as a means for combating juvenile delinquency issues is nothing new. In fact New York State is launching a program that allows juvenile offenders to keep a portion of their high school credits even when they're incarcerated so that when they do return to school, they can return on a steady progression towards graduation: "Starting this fall, the program, called Close to
Court Management TrendsSpecialty courts were established at the Eighth Judicial District Courts with thirteen court programs that target individuals with various intercepts with the criminal justice system. Specialty courts are founded on the treatment court model that offers mental health and substance abuse treatments to reduce recidivism risk rates and provide support for involved individuals to acquire skills and advance their education. According to one�s needs, all the specialty courts
Court Analysis Justice and Court Administration Administration and management of courts is filled with challenges. Often depending upon the geographical context of the court, such challenges will include resource shortage, a perpetual docket of criminal cases and the broader complexity of providing civil order and justice to communities while balancing constitutional law and local ordinance. Moreover, the complexity of administering justice in and of itself plays a part in the difficulty of
Court Service Management How does a court system cope with a changing of the guard when a new administration is elected and key executives and managers are replaced, and/or when policy changes direction as a new political party assumes power? The court deals with transitions of power by maintaining the established traditions and principles from the Constitution. This is used to ensure that case precedent is respected and to provide stability for
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now