Nicholas Leeson
The trader was Nick Leeson. He had grown up in the Watford suburb of London.
After attending university, he landed a job as a clerk with an exclusive private bank, Coutts. Then he worked briefly for Morgan Stanley he worked in operations.
But shortly after joining Barings, he applied for and received a transfer to the Far East. His first task when he arrived was working through
January 17, 1995
Kobe Earthquake
Nikkei dropped sharply as people took cash out
January 20 – February, 1995
Leeson launched aggressive buying program: (3,000) 55,206 March contracts and 5,650 June contracts
Barings collapsed – could not meet huge trading obligations
Outstanding futures positions of $27 billion
(Barings’ capital was $615 million)
Second. Supervision probl
rated by managers who represent each department. And the roles of managers became ambiguous as LotteWorld’s department has been diversified and specified. And this complex structure cause many communicational problems with company’s strategy, system and style
The most noticeable problem caused between LotteWorld’s structure and strategy. LotteWorld want to be globalized theme park which re
4 Customer Analysis
4-1 Customer Expectations
Young age Mid-life Late-life
Interest Adventure, Challenge Adventure, Relaxation Leisure, Health
Company Peers, Friends, Lovers,
Circle members Friend, Lover, Circle member, Family, Lover
Leisure Travelling, Experiencing
Leisure Travelling, Leisure, Fishing, Experiencing Travelling, Climbing
Leisure Time Weekends, Holidays
Vacation season W
accident it is difficult to follow up accordingly has been a problem. Also In some countries overseas such as Japan may be reluctant to fingerprint because it is not hygienic.
Facial recognition system differs from fingerprint, other Access Control Authentication System because non-contact manner is not repulsion. Recently, this same reason, the International Civil Aviation Organization (ICA
rated an operating margin of 4.6 percent on operating profits of $7.5 billion. As a result, the industry posted net earnings of $3.0 billion and a net profit margin of only 1.9 percent. While this is well below the average for U.S. corporations in 2006, we can see it as an encouraging result. But to make matters worse, an economic depression, fundamentally caused by subprime mortgage incident, is
정체는 영국의 엘리자베스여왕을 원수로 하는 입헌군주국이며 임기 5년의 총독이 여왕의 대리인으로 임명되어 있다. 헌법은 특별히 정해져 있지 않다. 의회는 1951년까지는 영국을 본으로 한 이원제였으나 현재는 단원제이다. 1879년 이래 3년마다 총선거가 실시되고 있으며 1984년 95명의 의원 중 4명은 마
해상 보험 용어 설명
1. 보험가액 Insured Value
Insurable Value라고도 부른다. 보험가액은 피보험이익의 견적가액(見積價額)으로서 적하보험의 경우에는 통상 화물을 선적하는 지점과 선적할 땡 있어서의 가액을 말한다. 원래 피보험이익은 합리적으로 금전으로 견적할 수 있는 것이어야 한다. 해상적하보
Korea’s smoking problems 1
Korea, the high rate of smoking in men is so high. Smoking has a huge impact on the health of the people.
But limited to adult males, smoking problem seems to be resolved soon. Last 10 years, the smoking rate of adult males decreased continuously.
Ⅰ. 미국의 연금제도
1. 확정급여형 개혁안(MB안) : PAYG → DB
- 연금보험료를 2% 정도 상향조정하여, 그 증가분을 OASDI 기금화하는 동시에 연금기금의 투자방법을 국가채권 매입부분을 줄이고, 일반주식투자의 비중을 확대시키는 것.
- 연금보험료 인상은 현재의 소비를 줄이고, 연금제도의 재정자립