Production Possibility Frontiers essay (PPF) The current financial crisis threatens the long-term economic stability in the UK; as a result, the PPF curve is likely to display negative inward shifts. The crisis seems to deprive firms and businesses of an opportunity to invest into capital goods and to commercialize innovative technological ideas.
College Tuition Essay The rates of public college tuition continue to ascent in the background of financial crisis and recession, and therefore further fluctuations will depend on the government’s ability to apply appropriate managerial policies in due respect.managerial solutions is needed to stabilize the current situation, specifically: further increase of the share of federal student loans; maintenance of tax benefits for students; implementation of additional social-oriented applications to benefit students and college HR resources.
World Hunger Essay The crisis, which these countries find themselves in, seems to be never-ending and only aggregating from year to year with rare improvements.No wonder that so many people nowadays live beyond the borderline to poverty and do not have basic needs in order to survive. Global stratification has put these counties in the lowest division and has called them “Third World countries” or if to speak in financial terms “low-income nations”.
Real Estate Appraisal Essay owners of luxury elder housing projects have a reserves what enables them to receive additional profits from real estate assets even despite of the present crisis in the economy. The situation is largely reasoned by the crisis that is concerned with the US mortgage market. This question is not easy to be answered and regulated because of the crisis in the country.
Globalization Essay At the same time, the current global financial crisis has shown that increased integration into international capital flows can also expose countries to adverse external shocks. Rather, changing patterns of capital flows may make the economies less dependent on specific types of capital inflows
- A.K. Barnett-Hart
Deal Journal has yet to read “The Big Short,” Michael Lewis’s yarn on the financial crisis that hit stores today. We did, however, read his acknowledgments, where Lewis praises “A.K. Barnett-Hart, a Harvard undergraduate who had just written a thesis about the market for subprime mortgage-backed CDOs that remains more interesting than any single piece of Wall Street research on the subject.”
While unsure if we can stomach yet another book on the crisis, a killer thesis on the topic? Now that piqued our curiosity. We tracked down Barnett-Hart, a 24-year-old financial analyst at a large New York investment bank. She met us for coffee last week to discuss her thesis, “The Story of the CDO Market Meltdown: An Empirical Analysis.” Handed in a year ago this week at the depths of the market collapse, the paper was awarded summa cum laude and won virtually every thesis honor, including the Harvard Hoopes Prize for outstanding scholarly work.
Last October, Barnett-Hart, already pulling all-nighters at the bank (we agreed to not name her employer), received a call from Lewis, who had heard about her thesis from a Harvard doctoral student. Lewis was blown away .
“It was a classic example of the innocent going to Wall Street and asking the right questions,” said Mr. Lewis, who in his 20s wrote “Liar’s Poker,” considered a defining book on Wall Street culture. “Her thesis shows there were ways to discover things that everyone should have wanted to know. That it took a 22-year-old Harvard student to find them out is just outrageous.”
Barnett-Hart says she wasn’t the most obvious candidate to produce such scholarship. She grew up in Boulder, Colo., the daughter of a physics professor and full-time homemaker. A gifted violinist, Barnett-Hart deferred admission at Harvard to attend Juilliard, where she was accepted into a program studying the violin under Itzhak Perlman. After a year, she headed to Cambridge, Mass., for a broader education. There, with vague designs on being pre-Med, she randomly took “Ec 10,” the legendary introductory economics course taught by Martin Feldstein.
“I thought maybe this would help me, like, learn to manage my money or something,” said Barnett-Hart, digging into a granola parfait at Le Pain Quotidien. She enjoyed how the subject mixed current events with history, got an A (natch) and declared economics her concentration.
Barnett-Hart’s interest in CDOs stemmed from a summer job at an investment bank in the summer of 2008 between junior and senior years…..