bank failures Essay -- essays research papers

http://www.worldnewsstand.net/2001/article/bank_failures.htm Bank Failures We have written before about the remarkable ability of banks to create money when making loans, and of their equally remarkable ability to multiply these newly created-from-nothing bank deposits via fractional reserve banking. What we have written is true, and easily verified. But banks fail! That fact is equally true, and easily verified as well. How can we reconcile these apparently contradictory facts? If banks can create, and multiply, money, how can they fail? Could your business fail if what you made was, literally, money, or what people took for money? The qualifier is important. It is what people assume about money that makes modern banking possible. The Federal Reserve itself points out that it is the people's confidence that make paper devices serve for money. Belief (i.e., "credit") is what keeps the system going. Psychology is everything. If modern money is an illusion, then bank failures are an important means of reinforcing that illusion. Consider the alternative. If a bank made loan after loan, and these loans were not repaid, and the bank continued to do business year after year with mounting millions of bad loans on its books, wouldn't that look odd? People would question how the bank could continue to thrive despite so many bad loans. Would they maintain their confidence in the system if the banker cheerfully admitted that he made those loans by simply crediting the borrower's account, and that to do so cost him nothing? Some might wonder why the bank would not honor checks written on insufficient funds, if the banks create those funds from nothing. Corporations which are unable to meet their financial obligations to banks might wonder why they must work to repay the bank for something it got with a flick of a loan officer's pen. No, it is important, if confidence is to be unshaken, that banks appear to be like other businesses, when, of course, they are nothing like other businesses. This means that banks must be allowed to fail, even though they are the source of modern money. Failure occurs when liabilities outweigh assets. What are a bank's assets? The IOUs of its customers. Its liabilities are their deposits. If a customer has borrowed a million dollars from the bank, and given the bank his IOU for that number, the bank has a million dollar asset---un... ...op out of school and go to work? Will he face charges for check-kiting, or counterfeiting? It doesn't seem likely. The illusion can be maintained without such extreme measures! John Maynard Keynes put it succinctly: "If, however, a government refrains from regulations and allows matters to take their own course, the worthlessness of the money becomes apparent, and the fraud upon the public can be concealed no longer." Expect to see more bank failures as the economy declines. Otherwise, the worthlessness of the money might become apparent! Sorry this article is so long but I thought it was a great article and wanted to share it. It makes some great points about loaning money to the government and the fact that when you loan the money them they rarely re-pay the principle, so they have to continue to pay the interest payments. It also goes into some detail about the relationship between the government and banks. The government doesn’t want to see banks fail because they want their sources of money to be strong. I also like the way this article describes how banks fail. It gives some good examples about those banks that fail due to bad debts and non repayment on loans.

Business research process Essay

This paper will discuss the business research process and how the business research process works and what the steps are. The business research process usually starts with an overview of the business market or industry. The objective of the business research process is to found out if an opportunity exists within a certain market of business. Business research is the method a company business or corporation makes to decide the most efficient, productive and the ethical way to make money for the company business or corporation to generate in the varied customers. Business research is also a field in which the use of practical study is also involved and is used which a business company or corporation obtains the data or information to get a better observation to better manage the business corporation or company. So when you start any business corporation or company business research needs to be done so that they can identify the competition that they might have. Business research process entails studying all aspects of a company, its customers and the market, then using that information to make sound business decisions. Typically, a company will assess its own strengths and weaknesses, but place particular emphasis on how customers view their products. When company managers study the market, they will usually take a comprehensive look at key competitors and the industry in which they operate. The first step in the business research process is Identifying Competitors in which the business or company identifies the competitors in the industry. One way to gain information on the competition is through a secondary set of research. Secondary research information is the data that is already available about the industry: market share and total market sales. Secondary research may also provide detailed information about competitors, such as the number of employees, the products they sell and their strengths. Secondary research can be found through many  different sources, depending on the industry that they are in. The second step in the business research process is studying the Customers In this process the business company or corporation studies the consumer or business customer. It is very important to figure out what the customer wants and needs before developing any products that will meet the needs of the customers. The customer will usually determine which products or goods will sell. If customers’ needs are not met, they will usually buy the competitors’ products. The best way to found out a customer needs is through primary research. Primary research includes phone surveys, personal interviews and even mail surveys. With these surveys, marketing research pros will test certain product concepts, measure a customer satisfaction and figure out the best features and prices for their products. Reference and citations www.smallbusiness.chron.com

Studies - 2212 Words

HOSPITAL MANAGEMENT INFORMATION SYSTEM Group Members- Rohan Rodrigues-03 Deepa patel-32 INTRODUCTION Hospitals are the key institutions in providing relief against sickness and disease. They have become an integral part of the comprehensive health services in India, both curative and preventive. Significant progress has been made in improving their efficiency and operations.Effectiveness of a health institution - hospitals or nursing homes, depends on its goals and objectives, itsstrategic location, soundness of its operations, and efficiency of its management systems. The administrators effectiveness depends upon the efficiency with which he is able to achieve the goals and objectives. Some of the major factors determining the†¦show more content†¦Patient Care related areas were given priority in order to achieve theobjectives. TMH has computerised the following functions: - Registration - Medical Records - Hospital Scheduler - Duty Roster - Biomedical Maintenance - Outpatient - Inpatient - Medical Stores and Purchases - Lab and Pharmacy - Blood Bank - Clinical Manager - Finance and Accounts - Human Resource Management and Payroll - Security Administrator Patient Management Master Patient Index / Registration †¢ Patient Registration – System generates unique registration number and captures following data Name Address Contact telephone Date of Birth/Age Blood Group Passport No. or ID No. †¢ Registration of newborn babies that includes default information from the mothers record †¢ System generates ID card and provides bar coded/printed patient labels Appointment Scheduling †¢ Setting up schedule for consultants by days of weeks and time slots †¢ Booking OP Appointment †¢ Modify Appointment Out Patient Consultation Appointment Scheduling †¢ Setting up schedule for doctors by days of weeks and time slots †¢ Booking of OP Appointment †¢ Modify Appointment †¢ Record new or repeat visit †¢ OP Consultation charges based on consulting doctor and visit number Patient Visit During patient visit, following data is captured by reception †¢ Referring Doctor/HospitalShow MoreRelatedCase Studies : A Case Study Approach Essay1157 Words   |  5 PagesA case study is a specific instance that is frequently designed to illustrate a more general principle (Nisbet and Watt, 1984). 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