According to the United States' Government's Medicare program, coverage of nursing home care is offered only on a limited basis. In order to be eligible, the Medicare must only receive services from a Medicare-approved facility, and must have a "qualifying hospital stay" just before entering the nursing home; this stay is generally three days or longer ("Nursing Homes: Paying for Care"). In light of these potential medical costs, one must

Strategic Plan & Analysis of New Commercial Endeavor Planning Mission statement Louisville Community Development Bank was set up in the year 1997 as a consequence of a scheme by Louisville mayor Jerry Abramson and a team of business, community and religious leaders to ensure betterment of the Louisville inner city. The Bank's mission is to inspire economic growth with the West End and the Smoke town, Shelby Park and Phoenix Hill localities of

Regulation of Banks Banks are an important aspect of any modern economy. They provide financing for commercial businesses, access to payment systems and a variety of financial services for the economy as a whole. The integral role that banks play in the national economy is demonstrated by the need for and practice of banking regulation and as part of the lessons learnt from the recent global financial crisis, provides a government

Continental Illinois National Bank and Trust Company Continental Illinois National Bank "Too Big to Fail" The purpose of this work is to show whether or not Continental Illinois rescue and restructuring successful and if so why it was successful. Further using hindsight and consideration of Professor Kaufman's report, this work will attempt to discover if the decision to restructure was justified and explain why or why not. Furthermore, this work will attempt to

Credit Risk Management Banks are an important part of the economy of any nation. Traditionally, the banks operate as financial intermediaries serving to satisfy the demand of people in need of various forms of financing. Through this, banks enable people to purchase home and businesses to expand. These financial institutions therefore facilitate investment and spending that are responsible for fueling the growth of the economy. In spite of their vital role

...other corporations and liabilities between financial institutions" are not covered in this scheme. There are restrictions within the framework of this scheme in that each individual, small business or community organization will be able to make "only a single claim against the scheme for each failure of a financial institution..." with all claims that are "relevant" being aggregated. Third parties will excluded from assessing the scheme to avoid a conflict of