JPMorgan Chase Essay Example | Topics and Well Written Essays - 1250 words - 6

JPMorgan Chase - Essay Example In the last section the essay will shed light on software automation in online banking transaction. According to Securities and Exchange Commission (2013), its purpose of existence is to protect the interest of investors, facilitate capital formation and maintain a transparent and fare market. Research scholars such as Kamin and DeMarco (2010) and Hill (2010) have pointed out that SEC plays much larger role in comparison to CFTC when it comes to saving the interest of investors. Hence in this essay, the researcher will only focus on control mechanism of SEC in order to discourage banks and financial institutions from involving in high risk gambles in primary market and securities. SEC has created two divisions such as Division of Trading and Markets and Division of Investment Management in order to create a fair a transparent market and protect interest of investors (Securities and Exchange Commission, 2013). ... mechanisms of Trading and Market Division and Investment Management Division of SEC to protect interest of investors can be summarized as, 1- incorporating financial integrity program to mitigate conflict of interest between broker-dealers, 2- reviewing policies to identify and punish fraudulent activities of banks and other companies, 3- assisting the Commission to establish a fair security market and 4- monitoring the actions in commodity market, 5- reviewing the investment adviser filings and 6- assisting Commission to go for law enforcement against companies and banks falsifying the financial results (Securities and Exchange Commission, 2013). SEC has also investigative arm which conduct investigation on following charges; Omission or misrepresentation financial results or crucial security information Manipulation of market prices of securities Defrauding customer’s fund    Insider trading of market information On the basis of above mentioned guidelines, control measures and legal enforcement actions, SEC take actions in order to prevent high-risk gambles in securities in the field of banking operation and security exchange. Elements of contracts include various items such as, 1- An Offer- willingness of parities to enter into bargain, 2- An Acceptance- acceptance of condition mentioned in by both parties, Purpose- purpose of the contract must be legal, 4- Mutuality of Obligation- mutual understanding of the condition and obligation between parties, 5- Consideration- there must consideration of benefits among both promisor and promise and 6- Certainty of Subject Matter- all the conditions must be clearly defined in the contract so that everyone involved in the contract can understand it. However, the nature of contract between banks and customers is purely based

Diablo II Den of Evil :: essays research papers

Quest 1 - Den of Evil Did we miss anything on a quest? Is there something we didn't discover? Let us know! Quest Giver: Akara the Healer (in the starting camp). Begin by: talking with Akara for the first time. Quest Location: Blood Moor, Den of Evil cave. Quest Reward: One extra skill point. This introductory quest should bring you to level 3 or 4 by the end, depending on how much you fought before hand. To find the Den, simply follow the worn dirt path out of town until it forks (before you reach the Cold Plains area). Choose a direction. One will lead you to the cave and one will lead to a dead end. It's random. Your object is to rid the cave of every creature inside. When you face the demon shaman's, take care of them first, as they will resurrect their fallen demon cohorts. You should face one or two unique bosses, all built for your level, so expect some magic gear. When you're finished, you'll see beams of light pierce through the cavern ceiling. It's common to have to hunt for one or two remaining creatures, as they tend to scatter. Return to Akara for a wonderful starting boost. This is not a mandatory quest, but as mentioned in the intro, you'll be able to do it again in Nightmare and yet again in Hell, each for additional and almost free skill points. Don't worry, you'll work off this guilty pleasure later. Quest 2 - Sisters' Burial Grounds Did we miss anything on a quest? Is there something we didn't discover? Let us know! Quest Giver: Kashya the Rogue Leader (in the starting camp). Begin by: speaking with Kashya after completing Quest 1, or by entering the Cemetery. Quest Location: The Burial Grounds next to the Cold Plains. Quest Reward: One Rogue Mercenary and the ability to hire Rogues. Your objective is to free the Burial Grounds from a previous Rogue Captain named Blood Raven, who was corrupted by Andariel, and who is now wreaking havoc by raising undead creatures. Head to the Cold Plains, the first major area outside of town, and run around the perimeter looking for an exit from the area. If it's Stony Field, the next major area, keep moving around the perimeter. When you get to the Burial Grounds a quest log reminder will pop up. Kill the zombies and skeletons surrounding the cemetery first, and then head toward the center through one of the entrances.

Are Professional Athletes and Actors Overpaid Essay

In this essay I will explore a much debated topic in this country pertaining to the undeniable fact that professional actors and athletes overwhelmingly get paid much higher than the average American. As any highly debated topic, there are always arguments and viewpoints from both sides of the spectrum. Like many Americans, for entertainment I thoroughly enjoy watching both film and professional sporting events. Even though, I have always maintained a firm stance that many in these professions are simply overpaid. I believe once you have read my research and analysis on this topic, you as well will agree from a sociological, economical and even ethical perspective that they are grossly overpaid. Proponents of the film industry or â€Å"Hollywood† and the pro-sporting industry would contend that they are simply providing for a demand. These two industries do provide for Americans some of the most enjoyed and popular forms of entertainment in our society today. These industries not only provide earnings to the actors and athletes but also provide jobs to many other Americans as well. Like any successful industry, those who provide the primary service to that industry will in turn be rewarded appropriately for their contributions to its success. Both actors and pro-athletes would argue that attaining their current level of success was not easy as these jobs are very competitive. Also, there are many times huge expectations to perform and stress that come with the job and the celebrity status. Some pro-athletes such as football players, would also argue that after they retire, their physical condition has declined much earlier in life due to years of physical trauma and injury and performing in other jobs post-career is many times difficult.  As I wrote earlier, there are arguments from both sides of the spectrum. Let’s begin to analyze from the other viewpoint not ignoring the other side’s arguments and include some of the fundamental and sociological reasons of our need and demand for entertainment. Looking back to the era of the â€Å"Roaring 20’s† in which America was enjoying a period of sustained economic prosperity, the average American could at a higher level afford to enjoy  different forms of entertainment than previously. This ushered in a new era and cultural dynamic which emphasized organized sports, theatre, and f ilm. Since this era, America has seen economic depression, recession and crisis, but has still remained the wealthiest country in the world. Due to this, the entertainment culture that was created roughly 100 years ago still exists today, and the demand for it continues to grow. Each year more and new gaming devices, games, videos, movies, and television shows are released. Likewise the costs of these products and devices continues to go up. The unfortunate side to this is that it has created a more sedentary lifestyle and culture of everyday America, and in turn attributing to issues as obesity amongst both children and adults. Regardless, we have developed and created this culture with the associated increased demand for this form of entertainment, and the industry is nothing more than happy to oblige us in providing it. In a study conducted by USA TODAY and Statista of top paid Hollywood actors, it found that Robert Downey Jr. earned over $75 million in a one year timeframe from June 2012-June 2013. Much of his earnings were a result of his roles in both â€Å"The Avengers† and â€Å"Ironman 3,† with â₠¬Å"The Avengers† alone grossing $1.51 billion in box office sales making it the highest grossing movie of 2012 worldwide. Liam Neeson who was ranked as the 10th top earner, grossed over $32 million in the same timeframe. According to the Daily News, Samuel L. Jackson is titled with being the highest grossing actor of all time with earnings of $7.42 billion throughout his film career. Floyd Mayweather Jr. who is a pro-boxer has earned a total of $90 million in 2013 from winnings alone, making him the top pro-athlete earner according to Sports Illustrated. Mayweather has achieved such a high status that it is common for him to have a guaranteed win-or-lose purse of around 30 million per fight. Pro-basketball player Lebron James who is at number two in the rankings, earned over $17 million in salary and a staggering $39 million in endorsements alone for 2013. The list goes on and on with astronomical numbers that get higher and higher each year in passing. There is essentially a fundamental question that is raised in regards to all of this, â€Å"What individual is simply worth that much?† The services provided by these individuals is simply for entertainment alone. What is provided  does not contribute to the functionality or betterment of our society. There was a time when acting or professional sports were a second job in which an individual would perform due to their love for the sport or art. After all, a sport is something that is played for enjoyment by the rest of us because it is enjoyable. They get paid millions while the rest of us do it for fun. Being the die-hard Green Bay Packer fan that I am, I scream and yell and root for my team as hard as or harder than the other fans. When my team loses or Aaron Rodgers has a bad game I can find myself feeling down and upset. Some fans feel as if their whole day or week is ruined if their favorite team loses. I think it is they that always have the last laugh. At the end of the day he or she is disappointed but regardless they’re still making millions. When Mayweather has a bad fight, he still takes home his $30 million. In a way we are all pawns in their game, and we are always the losers. As we look at wealth distribution in the U.S., many of these actors and athletes fall into the wealthiest 10% of Americans. According to James M. Henslin in Essentials of Sociology, 70% of our nation’s wealth is owned by this top 10%. To break this down even more, the top one percent owns 1/3 of all U.S. assets. The average per capita income in the U.S. is only $42,000 per year (194). The other 90% who is the fan base that provides the majority of the income of these actors and athletes, are seeing this income gap continue to widen. Even with the recent recession in our economy, the rich as a whole statistically remain unaffected. The rich get richer and the poor get poorer. The strong middle class that once was the backbone of our economy is slowly diminishing and sliding to the left. This middle class are the firefighters, police officers, and service members who protect and serve our communities and country. They are the structure of society who provide strength and functio nality and who ultimately serve to the betterment of us all. There is much debate on how wealth should be distributed. A capitalist society has proven for the U.S. to be effective and be partially credited with building the foundation of all of the wealth and creating the richest country in the world. Completely socialist societies have proven in history to be a failure. Typically there is a Darwin Effect of â€Å"Survival of the Fittest† which dominates. There obviously  needs to be some middle ground here, but finding a solution is difficult. In this case of actors and athletes, I believe us as the consumer and their supporters have the power to control this huge inequality and disparity by saying, â€Å"Enough is enough!† and demand that some rationale come into play. Paying these individuals this much money is simply ridiculous in my opinion. Fundamentally we as a society should give value to those professions which serve us in a way that promotes a more sustainable society. Works Cited Fortunate 50: Sports Illustrated 13 Apr 2014. WEB Henslin, James. Essentials of Sociology: A Down to Earth Approach. Edwardsville: Southern Illinois University. Print. Seventh Edition. Maitland, Sashana, Samuel L. Jackson named highest-grossing actor, DAILY NEWS 25 Oct 2011, WEB, 13 Apr 14 Maria Puente, Robert Downey Jr. is highest-paid actor, USA TODAY 13 Apr 2014, WEB, Jul 2013 Best-paid Hollywood actors of 2012/2013, Statista 13 Apr 2014, WEB

The Rate Of Obesity And Diabetes - 2465 Words

Introduction The rates of obesity and diabetes in mothers are quickly increasing across America. As it stands, roughly 40 percent of all women are obese, with over half of women in childbearing age being overweight, according to an article published in ScienceNews (Beil 2016). Diabetes is following a similar trend, as obesity is known to relate to its onset (Krakowiak et al 2012). Unfortunately, both conditions negatively impact the development of offspring during pregnancy (Krakowiak et. al 2012). In fact, they have been linked to disorders affecting the development of the fetal brain including autism spectrum disorder, among others. Today, obesity can be defined as having a body mass index over 30 kg/m2 (Mehta et al 2014). This†¦show more content†¦This exposure to high levels of glucose can lead to high levels of fetal insulin production, both of which are a danger to the baby brain (Davis Health 2012). Additionally, these levels may lead to a lack of oxygen to the fetus, known as fetal hypoxia (Krakowiak et al 2012). This is known to affect brain structure, particularly the hippocampus and neural myelination (Krakowiak et al 2012). Women who have difficulties regulating their glucose levels prior to becoming pregnant often develop gestational diabetes mellitus, which only appears during pregnancy (Krakowiak et al 2012). More than 85 percent of maternal diabetes cases pertain to gestational diabetes mellitus, or GDM (Xu et al 2014). Though gestational diabetes is the most common form of diabetes during/ pregnancy, preexisting type 1 and type 2 diabetes still appear, together only accounting for 12.5 p ercent of maternal diabetes cases, and can also affect the growing fetus (Xu et al 2014). Aside from the inflammation associated with obesity and diabetes in relation to autism, other factors specifically pertaining to obesity may play a role in the onset of the developmental disorder. For example, folate is an important vitamin for normal growth; earlier studies propose that a deficiency in this vitamin could be linked to neurological disorders in offspring (Johns Hopkins 2016). Iron is another example, with deficiency being a result of maternal obesity