Occupy Wall Street Moral Implications Economic Implications
Occupy Wall Street is about moral and economic vision; it is not about policy demands. Therefore we cannot ask for certain yes and cannot compromise on the other because all moral, social, economical and behavioral values are interlinked and if one is detached then the whole chain comes in broken pieces. All we need in to publicize our internal and external issues in public which have ruined the roots of the American Nation. This is the time to recollect and think alike with unity regardless of racism or class discrimination. We can now jot down the pieces into a complete story that our leaders kept us busy in such petty issues and did their part steadily and neatly to accumulate power, wealth and resources. The best way is to keep going with maximum positivity and one single goal to eradicate wealth disparity and bring moral and ethical implementations in practice. It is important for each and every individual to remain positive as 1% can infuse negativity to decentralize attention.
Executive Stock Options and Risk-Taking Behavior in Banking
The research supports the literature and confirms that managers in financial institutions do believe that stock options do tend to encourage greater risk-seeking behavior by executives. However, the respondents in this study appear to underestimate the influence that the financial conditions of a firm, the decision context, and the principle-agent dynamics can have on this articulation of managerial risk-seeking behavior. That this is true, is in concert with the behavior model of Wiseman and Gomez-Meijia (1998) and with their suggestion that the theories of stock option incentives are "underdeveloped."
Direct Democracy and Liberty in Contemporary Politics
Is direct democracy desirable and/or possible today? The question is addressed first theoretically, with reference to Montesquieu's Spirit of the Laws, which actually categorizes direct democracy as one of the corruptions into which a democratic system can descend, by an insistence on too much egalitarianism. Direct democracy is considered as an ideal, which is desirable insofar as it offers a critique of contemporary politics, but whose possibility is limited by whether or not it can be feasibly implemented. Two contemporary case studies are brought in to examine the question further: the experiment with internet-organized direct democracy in Estonia, and the experiment with social-media-inspired direct democracy in the Occupy Wall Street movement. Paper then offers an answer to a second essay question about conceptions of freedom in contemporary liberal democracy.
Banking Ethics, Foreclosure Fraud, and the 2008 Financial Crisis
This research paper aims to shed light into what led to the global financial collapse that, for the most part, began in the U.S. housing market. Many researchers agree that the primary drivers that led to the real estate crisis was the lifting of the Glass Steagall Act, the fostering of sub-prime lending, and the creation of derivatives and credit default swaps which were used as complex financial instruments. All of these financial tools were justified by the efficient market hypothesis and as a consequence provide evidence for the lack of a truly efficient market. As a result of the financial failures, many banks were either bought, went bankrupt, or had to be bailed out by the federal government because of the overwhelming losses in this industry.