A.G. Edwards Inc. Essays - Primary Dealers, Subprime Mortgage Crisis

A.G. Edwards Inc. Essays - Primary Dealers, Subprime Mortgage Crisis A.G. Edwards Inc. Business Profiles in American Enterprise A.G. Edwards Inc. The industry for securities is undoubtedly an exciting and fast paced industry. This means that brokerage firms such as A.G. Edwards and Sons must always be watching the stock prices on every stock in the market so that they can give their clients maximum profit. When A.G. Edwards and Sons clients do well then in turn so does the brokerage firm. A.G. Edwards Inc. is not the biggest corporations in America, but yet it is still a very large corporation and has great importance in the industry for which it participates. This paper will give an in depth explanation about how A.G. Edwards functions as a cor-poration. Along with competition from the government, banks and other brokerage firms there is also probably the biggest factor involved of interest rates. Interest rates are indi-rectly proportional to the activity in the stock market. This means that when the interest rates fall the market for securities becomes active. This is due to the fact that people want the highest yield on there money and when interest rates are low, investing money into a bank would yield less money then it would have before at a higher interest rate. So people tend to want to put there money into something that will give them a higher yield and stocks are just that. An example of this inversely proportional relationship is always being demon-strated and was demonstrated in the past few years. At the end of 1992 to the beginning of 1993 the volume in most businesses was at record levels obtaining a pre-tax net income for the whole industry of 9.1 billion dollars setting a new record for the second year in a row (Hoovers Company & Industry Database, 1993, p. 1 (Hoover, 1993,p.1)). This trend continued when in the beginning half of 1993 offerings (new business for the com-pany) exceeded those of 1992 (Hoover,1993, p. 2). Examples of this are as follows; more than 700 billion dollars of debt was issued in 1992 and then in the first half of 1993 an-other 440 billion dollars of debt was issued (Hoover, 1993, p. 2). More than half of this debt was due to asset-backed debt such as credit cards and other charges made to credit (Hoover, 1993, p. 2). These debts were included because the debts were more or less sold to banks and other money lending institutions who were more willing to take the risk for the high interest rate. This drop in interest rates did wonders for the brokerage firms involved and also corporations that had acquired debt over the years. The fall of interest rates was great for the brokerage firms because of the increase in business with the publics desire to invest. So the corporations used it to issue off more stock to the public to pay off their debts (Hoover, 1993, p. 2). As if interest rates didnt have enough effect on brokerage firms, there is also the heavy competition that was involved. This competition is not only from other top broker-age firms such as Merrill Lynch, Morgan Stanley, Primerica (Smith Barney Shearson), Salomon, and Goldman Sachs, but there is also competition from big banks and securities over seas. Banks have a number of ways to compete with security firms, but the most prevalent and direct is through mutual funds. Since the late 1980s banks have been ag-gressively competing with mutual fund sponsors by issuing there own mutual funds to the public (Hoover, 1993, p. 3). Mutual funds that are issued by banks are now the fastest growing part of the mutual fund industry, with 10.6 percent of total assets and 30 percent of new sales (Hoover, 1993, p. 3). There has just recently been a large amount of compe-tition from markets overseas and this competition continues to increase. There are a few theories as to what has caused so many U.S. investors to invest in foreign markets. It is supposed that it is either individual investors who want to further their portfolio or in-vesting in foreign markets to try and avoid interest rates and changes in currency (Hoover, 1993, p. 4). The investment in foreign markets has also been attributed to technology and the fact that up to date information can be obtained instantly from any place in the world (Hoover, 1993, p. 4). But whatever has caused it global securities have skyrocketed. Before the organization and structure of the company a brief history and explana-tion of the company will be discussed. A.G. Edwards & Sons was founded in

Increasing Atomic Number Doesnt Always Increase Mass

Increasing Atomic Number Doesnt Always Increase Mass Since atomic number is the number of protons in an  atom  and atomic mass is the mass of protons, neutrons, and electrons in an atom, it seems intuitively obvious that increasing the number of protons would increase the atomic mass. However, if you look at the atomic masses on a periodic table, you will see that cobalt (atomic No. 27) is more massive than nickel (atomic No. 28). Uranium (No. 92) is more massive than neptunium (No.93). Different periodic tables even list different numbers for atomic masses. Whats up with that, anyway? Read on for a quick explanation. Neutrons and Protons Not Equal The reason increasing atomic number doesnt always equate to increasing mass is because many atoms dont have the same number of neutrons and protons. In other words, several isotopes of an element may exist. Size Matters If a sizeable portion of an element of lower atomic number exists in the form of heavy isotopes, then the mass of that element may (overall) be heavier than that of the next element. If there were no isotopes and all elements had a number of neutrons equal to the number of protons, then atomic mass would be approximately twice the atomic number. (This is only an approximation because protons and neutrons dont have exactly the same mass, but  the mass of electrons is so small that it is negligible.) Different periodic tables give differing atomic masses because the percentages of isotopes of an element may be considered changed from one publication to another.

Pina bausch-Radical performance Essay Example | Topics and Well Written Essays - 4000 words

Pina bausch-Radical performance - Essay Example There, she also started giving performances simultaneously. She attributes the solid foundation of her formative career to her tenure in New York. On her return to Germany, Bausch started performing in Folkwang Ballet. One of her early independent choreographic achievements was her creation Im Wind der Zeit, In the Wind of Time, which came first at the Second International Choreographic Competition, Cologne. Then onwards, Bausch went on to become director of Wuppertal Opera Ballet that was later rechristened as Tanztheater Wuppertal Pina Bausch. With this new entity, Bausch started realizing her aspirations of reviving Ausdrucktranz. Unfortunately, the political developments and the spread of Nazism in Germany that culminated in WW2 put Bausch’s theatre movement on indefinite hold. Even after the war, theatre remained out of the wish list of Germans for quite some time, reconstruction of the war-ravaged country obviously taking priority. It was not until the early 1960s that a theatre renaissance started occurring in Germany. The war and its devastation had had a very telling effect on the collective psyche and all the suppression and frustration was waiting to vent itself out in the form of renewed creative energy. In terms of theatre art, this energy surfaced in the form of a liberated, non-conformist free spirit that was not bound by convention. â€Å"Young dancers felt constrained by the formation of German ballet and American post-modern dance, and rebelled against the Americanization of their country. Some returned to the expressionism of Ausdrucktanz and started to venture into new ground, combini ng it with elements of other arts. Towards the late 1970s, the term Tanztheater, or dance theatre began to be used to distinguish the work of these choreographers† (Tashiro, 1999). Foremost among them was the name of Pina Bausch. And thus, a legend started

Essentials of Political Thought Research Paper Example | Topics and Well Written Essays - 3000 words

Essentials of Political Thought - Research Paper Example During Lewis lifetime, science was just beginning to emerge as the Western world's preferred principal system of thought. Essentially, modern life was beginning to be transformed by technological discoveries that resulted from the developing intellectual activity. Lewis felt that that some attitudes were absolutely fundamental to the existence of man while others were essentially false. He scoffed at the emerging popular belief that moral values could be said to be subjective; and that they could evoke different responses from different people- all of which were right in their own settings. Lewis also differed with schoolteachers who disregarded the function of emotional inclinations in favor of practical utilitarian thinking. He would assert that the purpose of education was to stimulate the development of values, â€Å"good† feelings, and thoughts in students while concurrently curbing the development of â€Å"bad† ones. John Dewey (1859-1952) held completely differen t thoughts from Lewis in the importance of moral absolutes. He stated that in life, real truth is not something that really exists and that any theory that will be referred to as truth has to be experimentally determined. Dewey claimed that in life, no theory or object can be said to be inherently evil or inherently good; it is merely a person's choice on how to view the theory or object that makes it seem either good or bad. Dewey also asserted that nothing can be said to be more valuable than another thing. He would claim that morality is mainly situational, and that even religious beliefs ought to be examined scientifically, and that change in belief is inevitable and desirable. He also rejected subjected to scientific evaluation before they can be verified as fact. Dewey, himself, believed in the truth of organic evolution. He held that man was essentially a sophisticated type of animal that could not be said to have any inner being or claim to immortality in the afterlife. For him, the non-physical aspects of man amounted to being little more than a sophisticated habit system. Dewey would further state that human beings are not naturally selfish or depraved, but are conditioned to behave as they do- whether badly or well, by their environment. Owing to the fact that C. S. Lewis felt that the Western world was engaged in rejecting the biblical statutes that determined the existence of objective wrong and right, and believed that once these principles were presented to school children as being real truths there would be a collapse of society, he defended the tradition of natural law in his famous text, 'The Abolition of Man'. His objective was the salvation of Western civilization (Lewis, 5). For Lewis, the beginning of false teachings was initiated by the 18th century Enlightenment when the West was transformed by the most disastrous cultural transition, which he would aptly name the â€Å"un-christening of Europe† or the â€Å"post-Christian† age (Lewis 6). Demoralized by the changes he saw, Lewis stated, "Until the modern era, no eminent thinker would ever presume to doubt that our value based judgments were logical and practical or that what they stated was objective. The modern perspective is quite different; and does not believe in the veracity of value judgments" (Lewis 7). In his arguments, Lewis categorically stated that there is an existing and unassailable universal moral order, and that every

Performance Evaluation of Banking Industry in Bangladesh Essay Example for Free

Performance Evaluation of Banking Industry in Bangladesh Essay Banking is an essential industry that affects the welfare of all other industry and the economy as a whole. In fact, growth and development of a country significantly depend on the level of growth and development attempted by the banking sector. There is a consensus regarding the positive role played by the financial sector in promoting economic development (Gerschenkron, 1962; Patrick, 1966; Galbis, 1977). In Bangladesh, banking sector has flourished a lot compared to other sectors of the economy. But the role of this key sector in national development is not satisfactory. There is not only an extremely strong capital stock but the rate of capital formation is also very meager. The current rates of domestic savings and investments as a % of GDP are 20.2 and 24.4% respectively (Bangladesh Bank Annual Report 2004-05). In the past, the rate of savings and investment were much lower than the present rate. Therefore, development plans of Bangladesh have been largely aid development. Between 1972-73 and 1981-82, aid has financed on an average of 75% of fixed investments and the lions share of the development budget (ERD). Under these Circumstances, internal resource mobilization is an urgent necessity for a self-reliant Bangladesh. Towards this end, banking Industry may play a crucial role in mobilizing community’s savings and channeling the same into the socially desirable sectors of the economy. As financial intermediaries, banks can play a crucial role in of most economies. In the absence of effective functional securities market, the banking sector in Bangladesh takes the lead in mobilizing resources and allocating funds to profitable ends. The effectiveness of financial intermediation can affect economic growth. The financial intermediation affects the net return to savings and gross return to investment. The prominence of financial institutions for rapid economic growth is unanimous. The bank based view of financial system highlights the positive role of bank in mobilizing resource, identifying good projects, monitoring managers and managing risks. The role of banking institutions as intermediary between the investor and entrepreneur is of vital importance in a developing country like Bangladesh. The evaluation of Banks performance is a complex process involving interactions between the environments, internal operations, and external activities. In performing this evaluation concerned authorities in the banking sector prior to independence felt for resource mobilization and using the same in the desired sectors. For this reason all the commercial banks were nationalized immediately after independence (Bhattacharjee, 1989). Development of private sector is essential to cope with the challenges of globalization. But considering the socio-economic condition of Bangladesh, extreme privatization, particularly in the banking sector, may not be desired. Because, even though, the number of private banks (local foreign) are increasing and the number of nationalized banks are decreasing, still the NCBs occupy a dominant place in the banking sector of the country and play a pioneering role in capital formation, stimulating the level of industrialization, poverty alleviation and human development and in the overall economic development. NCBs provide loans to productive and priority sectors both public and private covering agriculture, industry, trade and commerce. On the contrary, private banks mainly operate in towns and metropolitan cities and do business with noted entrepreneurs and with the affluent sections of the society; while foreign banks operate only in the cities and do business with the elite section of the society. Hence, this paper focused on the performance of the banking sector in general with a wider lance. As financial intermediaries, banks can play a crucial role in the most economies. In the absence of effective functional securities market, the banking sector in Bangladesh takes the lead in mobilizing resources and allocating funds to profitable ends. The effectiveness of financial intermediation can affect economic growth. The financial intermediation affects the net return to savings and gross return to investment. The prominence of financial institutions for rapid economic growth is unanimous. The bank based view of financial system highlights the positive role of bank in mobilizing resource, identifying good projects, monitoring managers and managing risks. The role of banking institutions as intermediary between the investor and entrepreneur is of vital importance for a developing country like Bangladesh. So the study is a demand of the time for better progress towards a developed future. 2.0 Conceptual Background of the Study Performance indicates the degree of management’s success in allocating the sources of the firm’s capital to productive use and is focused in the in the market value of the firm’s capital. Performance may be defined as the accomplishment of the goals which are taken into consideration. The word performance may be the synonym of efficiency in the context of business phenomenon. Many scholars opined that performance of a firm may be considered as the term managerial performance. An evaluation of performance indicates to what extent an enterprise achieves its target. Evaluation is a judgment worth of something and like all judicial matters, it calls for justice, equity and good conscious on the part of the person making the evaluation. It is to be considered an integral part of the management control on a continuous and systematic basis. Performance evaluation is an essential tool of management. It is relevant both in seeking answer to various questions to be asked about area of activities in which performance might be improved. The main purpose of performance evaluation is to assist in decision on two levels i.e. at a lower level. It can be used to inform the day to day decision making of the management indicating how to maintain the efficiency and effectiveness of the banks in short term. At a higher level it can be used to inform the annual planning and budgeting process in which decisions are taken about the long term deployment of resources and target for achievement. Thus it can be said that performance evaluation means a method under which the performance of an organization is evaluated differently. In Bangladesh performance of banking sector was considered with a very high note from the very beginning. It was felt that new born liberated country will need the performance of banking sector to keep the economy live. In doing so, after the war of liberation, the banks operating Bangladesh(except those incorporated abroad) were nationalized. These banks were merged and grouped for achieving the goal of government and people. With the passage of time the number and types of bank expanded and the area of banking support is also enlarged vividly. For this, study becomes a necessity to find out loop holes as well as areas so that service can be expanded towards all necessary ends. For doing so banking industry plays a pivotal role in capital formation and stimulate the level of industrialization, poverty alleviation and human development. In a sense, healthy banks and healthy economies seem to go together. Therefore, performance of such organizations particularly; operational efficiency, management soundness, productivity, profitability and social profitability are of great concern. An in-depth study to analyze the performances of the banking industry of Bangladesh by applying the most widely used indicators of bank performance could be worth while. The banking industry of Bangladesh is composed of five types of banks viz. Nationalized Commercial Banks(NCBs), Specialized banks(SBs), private Commercial Banks(PCBs), Foreign Commercial Banks(FCBs) and Islamic Banks(IBs) differ in their motives. Different types of banks give priority to different stakeholders. So, performance analysis as a whole can make the industry more creative and more supportive to achieve their organizational goal as well as can help the nation to avoid poverty and learn to lead prospective lives. Because , performance analysis as a whole will bring out all loop holes for back benchers in this sector and allow them with information to go ahead with prospective mentality. 3. Objectives of the Study The broad objective of this proposal is to make a comprehensive analysis of growth, productivity, profitability and performance of the banking industry in Bangladesh and to suggest measures for improving their performance. The specific objectives of the proposal are as follows: †¢ To analyze and compare the growth trends of banking facilities/services and output of banking sector as an industry. †¢ To measure and compare the productivity trends of banking sector. †¢ To compare overall performance of the cross section of banks from various angles. †¢ To conduct an in-depth analysis of the causes of lower or higher levels of productivity and performance (if any) among all banks. †¢ To evaluate existing remittance disbursement system and direct its profitable utilization through proper planning and action. †¢ To suggest the possible lines of actions to improve the performance of various categories of banks. 4. Justification of The Study 1. Literature Review From a detail literature review it is found that a good number of researches were conducted in the field of performance evaluation in banking sector. But unfortunately, Performance Analysis of Banking Industry in Bangladesh as a whole was not conducted. As such the literature review of the following articles, journals and research work compelled me to have a distinct idea that a research of having a complete picture of Banking industry is a demand of the time. As such my literature review found following ideas: Abedin, Roy and Mustafi(1989) in a study titled, â€Å"A Preliminary Note on Measurement of Productivity in the Commercial Banks of Bangladesh,† mentioned that there was a steady growth of bank output during 1975-1988. The output was measured as the volume of working fund handled per employees. There were variations in the levels of productivity of different types of banks. They also mentioned about a falling trend of productivity index of private banks with little variations during 1985-88. In case of Foreign banks they reported a sharp fall of productivity index from 100 in 1985 to 37 in 1986, then a rising trend. The limitations of his study were that he did not considered the social aspects of the Banks. The data on working fund were not comparable with any published data of Bangladesh Bank (BB) due to using the end June and end december figures of every year. The study neither attempts to analyze the causes of lower or higher productivity of banks nor strongly suggests the measures for increasing the levels of the banks productivity. Cookson(1989) in his article titled, â€Å"Productivity in the Banking Industry in Bangladesh† stated that productivity in the banking industry is very difficult to estimate by using available data. He also said that the conceptual difficulties limit comparisons among the banks in Bangladesh. In this paper the author tried to give a proper definition of labor productivity in commercial banking. He pointed out that the productivity of the total commercial banking system was stagnant. However, he took a partial approach for measuring productivity of the banks. In no way it reflected the total productivity scenario of the banking sector. Shakoor(1989) ’s paper on â€Å"Measurement of Profitability in Commercial Banks in Bangladesh† investigated the nature of productivity of four nationalized commercial banks(NCBs) during 1972-86 and that of five private commercial banks (PCBs) during 1983-86. The paper focused on some selected indicators of general productivity and profitability, such as deposits, advances, income, spread, expenditure etc. per employee and per branch. He used some statistical measures such as averages, standard deviation and coefficient of variations both NCBs and PCBs. The other statistical measures like, trend, correlation, regression analysis etc. were not used by the author. He observed that the productivity of the NCBs in Bangladesh had an increasing trend during 1972-86 and the productivity of the selected private banks showed better situation when compared with that of NCBs during the period under study. But, his study had limitations and in no way that reflected the total productivity trend of the commercial banking sector as a whole. Bhattacharjee and Saha(1989) in their joint eff0rt titled, â€Å"An Evaluation of Performance of NCBs In Bangladesh† tried to measure the performance of NCBs for th1973-1987. They analyzed the performance of NCBs on the basis of five sets of indicators. They are: (a) General business measures in terms of total business, deposit, advances, gross income and net profit; (b) Social profitability measures in terms of deposit mobilization (time deposit), branch expansion. (number of branches) and employment generation; (c) Branch Performance Measures in terms of profit per branch, deposit per branch, business per branch and gross income per branch; (d) Employee performance measures in terms of profit per employee, income per employee and business per employee; (e) Profitability measures in terms of rate of profit on equity, profit per unit of deposit and profit per unit of advances. The authors found upwards trends in almost all the performance measures. Besides, inter bank and intra bank variations in performance measures were also observed by them. Observing ‘means’ and ‘standard deviations’ of selected measures in NCBs , the authors reported that the NCBs could maintain the rising trends. They mentioned that in spite of disinvestment of two NCBs and growing importance attached to the development of private banking, the NCBs still played a dominant role in the banking sector. They hoped that achievement of the NCB sector may further be enhanced if due care is taken to improve the existing planning and monitoring system of relative operational performance aspects of thee banks. Abedin(1990) in his book titled â€Å"Commercial Banking in Bangladesh: A Role of commercial Study of Disparities of Regional and Sectoral Growth Trends(1846-1986),† examined the role of commercial banks under the private ownership(1846-1970) in increasing regional and sectoral disparities in rendering the banking services in Bangladesh. He also investigated the part played by the commercial banks under the public ownership(1971-1986) in mitigating any such disparities. In this perspective the author tried to critically examine the growth trends of banking facilities in Bangladesh for the period from 1846 to 1986. This study analysed the impacts of nationalization of commercial banks on different regions and sectors of Bangladesh economy after the independence of the country. The author identified some factors influencing credit deployment such as legal requirements of cash reserve, political pressure on the bank executive etc. There are some other important factors, which should not be overlooked. Such as, motivation factor of the bank executives, job security, honesty etc. The study rightly identified that, regional economic disparities led to the growth of regional imbalances in the distribution of banking facilities. The political economy of the monetary policy and banking was also responsible for this(page 260). To discuss about limitations it can be said that, within the scope of a single thesis, to deal with a large number of issues is neither possible nor desirable. The author admitted that many current issues of banking operations could not be analyzed in this dissertation. It would be more worthy and specific if some of the key issues were mentioned. Chowdhury(1990) in his dissertation titled â€Å"An Evaluation of the Performance of Commercial Banks in Bangladesh† assessed the overall contribution of the commercial banks in the financial development of Bangladesh. He analyzed the trend of commercial bank’s branch expansion, deposit mobilization and deployment of credit for the period 1972-86. The productivity and profitability aspects of the Nationalised Commercial Banks (NCBs) and Private Commercial Banks(PCBs) for the period 1983-1986(covering a period of four years) were also examined in the dissertation. The study covered all commercial banks excluding foreign and Islamic banks and used secondary data. The study stated that the growth pattern of the financial development and the contribution of commercial banks towards financial development in Bangladesh was not only uneven but also very slow. The study observed that the growth and development of commercial banking in Bangladesh during 1972-86 was not satisfactory. The author observed that the trends of profits, profitability and productivity of the commercial banks, over the entire reference period, were characterized by uneven variations indicating unsystematic and unplanned business expansion of the commercial banks. The study identified that the frequent variations in the ‘burden’ of the commercial banks was mainly responsible for the uneven trends in profits and profitability. Like any other study , the study had also some shortcomings. The post denationalization and privatization period 1983-86 (four years) was too short in comparison to the pre denationalization or nationalized period 1972-1982 (11 years). The period considered (1983-1986 i.e. four years)for the comparative analysis between the performance of NCBs and PCBs was very early to mature. Since the study measured the productivity and profitability performance using single measures such as ratio of net profit volume of working fund, ratio of total income to total expenditure and ratio of total income to manpower expenses, those measures had limits to justify the results. If some additional measures had been used, then the results might be more realistic. So this study has some limitations and inadequacies which are expected to be minimized in the present study. Moniruzzaman and Rahman(1991) made a comparative study of pre and post denationalization periods in the article titled, â€Å"Profitability Performance of Denationalized Banks- A Comparative Study of the Pre and Post Denationalization Periods.† They Observed that the profitability performance of Uttora Bank Limited and Rupali Bank Limited became unsatisfactory after denationalization. But in the case of Pubali Bank Limited, they observed a Decreasing trend before denationalization and increasing trend after denationalization. The limitations of the paper are that, they had taken into consideration a very short period of three years before and three years after denationalization of the two banks. They did not try to find out why profits of those denationalized banks (Uttora, and Rupali Bank limted) were falling. They used the variables like total expenses , total income, net income and total assets only. They ignored other important variables, such as deposits, advances, number of Bank branches, number if employees etc. So the study was very limited and incomplete.

Criminal Sentencing Purpose Essay -- Crime Criminal Justice

Criminal Sentencing purpose There was once a Television show name â€Å"Berretta† and the show theme song said do not do crime if you cannot do the time. That is a true saying, one that should be on every criminal mind why they are committing a crime. Sentencing a criminal for crimes for which they have been convicted of is their due punishment according to the severity of the crime committed. The Courts have for centuries punished criminals according to the belief of the society in which the crime was committed. The belief systems of a civilized society have often dictated the punishment in criminal procedures. In biblical days, the belief system called for stoning for violation of many of the Jewish people laws. In modern day societies, the term â€Å"sentence† is used to refer to punishment for crimes. Sentencing can be further defined as â€Å"the process by which a judge imposes punishment on a person convicted of a crime or crimes.† (Wallace & Roberson, 2008, p. 337, p. 339) Sentencing can also take several forms, some design to avoid jail or prison terms. The concepts that will be discussed are deterrence, rehabilitation, incapacitation, and retribution. The general purpose of criminal sentencing is to punishment the convicted criminal for the crimes in which they have committed. However, there are studies that state the intent of criminal sentencing does not always center on merely punishing the convicted criminal. Jo Dixon of New York University â€Å"states the formal legal theory of sentencing predict that sentencing is initially determined by legal variables; the substantive political theory predict that sentencing is determined by legal and social status variables.† (Dixo... ...olume: 6 Issue: 4 Dated: November Retrieved from http://www.ncjrs.gov/App/publications/Abstract.aspx?id=242575 Davenport, A.U. (2009). Basic criminal law: the constitution, procedure, and crimes (2nd ed). Upper Saddle River, New Jersey: Prentice Hall Dixon, J., (1995). The Organizational Context of Criminal Sentencing The American Journal of Sociology, Vol. 100, No. 5 (Mar. 1995), pp. 1157-11. The University of Chicago Press. Retrieved from http://www.jstor.org/stable/2782274 Lin, T.Y., (2009). Public Interest in sentencing: Deterrence, Desert, or anything Singapore Journal of Legal Studies: Special Issue to commemorate its 50th Anniversary Texas Offender Reentry Initiative. Retrieved December 01, 2010. From http://www.medc-tori.org Wallace, H. & Roberson, C. (2008). Principles of criminal law (4th ed.). Boson: Pearson education.

Puerto peincesa Essay

This Case Study is about Puerto Princesa, Palawan nature based attraction. The case study is being made for having a broader knowledge about their weaknesses, strengths, community, sustainable place, and any other terms relating to tourism. Come up with a hypothesis, methodology, results, analysis and conclusion. Resolve or give suggestion, recommendation for the negative results that will be shown in this case study. Introduction: A tour and research has been done for this case study. Experiencing their place, to feel their place for the case study to be more realistic and having a wider knowledge about Puerto Princesa, Palawan to come up with a possible reccomendation. PUERTO PRINCESA, PALAWAN â€Å"The last frontier of Southeast asia† Puerto Princesa City, a tropical paradise with a bustling urban center perfect for business with leisure trips. Lush rainforests and white sand beaches are simply hours away from the city proper, where a banking and commercial boom has made life easier for workaholics who can never run away from the office. Puerto Princesa, which forms part of the Philippine’s last frontier, is a City rich in natural resources. It is the country’s largest City with a total land area of 253,982 hectares. A chain of mountain ranges runs through the entire length of the City, dividing it into two distinct areas – the East and the West Coast. The eastern side, which is facing the Sulu Sea is characterized by thin strand lines bordered by swamplands, following a series of flat plains to hilly terrain. The West Coast has fewer plains with mountain ranges close to the China Sea, thus giving the City a unique yet fragile ecology. Puerto Princesa’s pride is easily the Puerto Princesa Subterranean River (or Underground River), a UNESCO World Heritage Site and one of the New 7 Wonders of Nature. The 8.2-kilometer river, said to be the longest navigable underground river in the world, winds its way underneath a mountain range, through the St. Paul Underground River Cave, and then goes out into the South China Sea. The journey through the cave system alone is 24 kilometers long. The entire area where the Underground River is located is actually a national park and a model of biodiversity. More than 800 plant species, including almost 300 trees, 195 bird species, 30 mammals, 19 reptiles, and eight bat species call this area home. Economic growth: Hypothesis: