...The regulation that I choose relates to the home modification program that was created to assist homeowners in keeping their homes instead of facing foreclosures. The program is called Making Homes Affordable Plan. The Making Home Affordable plan provided responsible homeowners with support to obtain affordable refinancing or loan modification options to them save them homes from foreclosure. | | There are actually several federal agencies that administer aspects of this regulation. I will be focusing on the The Office of the Comptroller of the Currency (OCC). The OCC's primary mission is to charter, regulate and supervise all national banks and federal savings associations. I worked in the real estate business when all of the bogus loans were obtained and am also a homeowner who used the program to help negotiate changes with my mortgage. I feel like based on the mishaps of the real estate professionals, the consumers needed a way to try to keep their homes. The program detailed how our financial institution performed Loan Modifications, conducted foreclosures and assigned risk weight to Home Loans. The regulation change was proposed as a way to support financial institutions in standardizing and implementing The Making Home Affordable Program. To provide stability to financial institutions with failing home mortgages...
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...Fast-Food Feast Case Study (Burger King vs. Taco Bell) University of Phoenix OSC 301 – Operations Management Professor Alan Boyer September 21, 2009 Fast-Food Feast Case Study (Burger King vs. McDonalds) The research to answer the questions to this Fast-Food Feast Case Study was done abroad in two different countries. The first was Burger King on a military base in Stuttgart Germany and the other was McDonalds out on the economy in Tbilisi, Georgia. Having data from two different countries will better suit how similar and different Fast-Food joints are across the globe, even though it is from a small scale. How are in-store orders taken? Orders from both places were taken by an individual behind the counter and entered into the computer / cash register. This data was then sent back to the cooks in the back who make the burgers to start the order. Burger King however, would repeat your order to you as well as say it over the microphone to the back even though it was not a special order. McDonalds did not do this. Are the hamburgers prepared to order, or are they prepared ahead of time and delivered from a storage bin? The hamburgers at Burger King were prepared to order, however I believe this is true as it was the lunch crowd and they never had enough burgers to go around. Burger King could do much better if they would look at what is ordered everyday and be ready for the lunch bunch. Personally I have not gone to that Burger King if the lunch line is...
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...Session 2: Organizations over time Explaining Development and Change in Organizations * Van de Ven &Poole (1995) * Change: empirical observation of difference in form, quality, or state over time in an organisational entity (may be an individual’s job, a work group, an organisational strategy, a program, a product, or the overall organisation). * Development: change process * Process theory: how and why an organisational entity changes and develops * 4 basic theories explaining change processes in organisations: *Imminent=bevorstehend Teleology: * assumes that the entity in purposeful and adaptive * needs creativity Dialectical: * e.g. acquisitions: two firms have different “theses” and need to find antithesis * e.g. multinational firm: international and national HQ “compete” * there is no assurance that dialectical conflicts produce creative syntheses * the desired synthesis creates win-win situation * either the maintenance of actual thesis or its replacement with the antithesis creates win-lose * in terms of organisational change: * maintenance of status quo stability * replacement with antithesis or synthesis change Evolution: * Variation: Change from current routines and competencies (intentional & blind) * Selection: Elimination of certain types of variations (external & internal selection) * Retention: Selected variations are preserved, duplicated, reproduced * e.g....
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...National Institute for Occupational Safety and Health From Wikipedia, the free encyclopedia Jump to: navigation, search NIOSH logo The National Institute for Occupational Safety and Health (NIOSH) is the U.S. federal agency responsible for conducting research and making recommendations for the prevention of work-related injury and illness. NIOSH is part of the Centers for Disease Control and Prevention (CDC) within the U.S. Department of Health and Human Services. NIOSH is headquartered in Washington, D.C., with research laboratories and offices in Cincinnati, Ohio; Morgantown, West Virginia; Pittsburgh, Pennsylvania; Denver, Colorado; Anchorage, Alaska; Spokane, Washington; and Atlanta, Georgia.[1] NIOSH is a professionally diverse organization with a staff of 1,400 people representing a wide range of disciplines including epidemiology, medicine, industrial hygiene, safety, psychology, engineering, chemistry, and statistics. The director of NIOSH is John Howard. The Occupational Safety and Health Act, signed by President Richard M. Nixon, on December 29, 1970, created both NIOSH and the Occupational Safety and Health Administration (OSHA). NIOSH was established to help ensure safe and healthful working conditions by providing research, information, education, and training in the field of occupational safety and health. NIOSH provides national and world leadership to prevent work-related illness, injury, disability, and death by gathering information, conducting scientific...
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...Comptroller of Currency (OCC) constitutional? Yes. Congress may delegate a portion of its supreme legislative powers to an administrative agency so long as it also provides the agency with intelligible principles. To do this, Congress must clearly described the general policy it wants enacted. Congress must name the public agency in charge of applying that policy. Finally, it must define the boundaries of the agency’s delegated authority. American Power & Light Co. v. SEC, 329 U.S. 90, 105 (1946). Congress delegated power to the OCC under the National Banking Act of 1864. The purpose of this act was to regulate national banks and federal savings associations. To do this Congress...
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...occurred which have prompted OCC to remove options on such securities from automatic exercise in expiration processing. If the issues surrounding these events are not resolved prior to the expiration date for the affected options, these options will not be subject to OCC’s automatic exercise thresholds in expiration processing. If OCC becomes aware that the issues have been resolved, automatic exercise thresholds will be restored prior to expiration. Please note the removal of automatic thresholds will affect ALL options on the affected security and ALL expiration dates: “standard” equity option expiration (the third Friday of the month), weekly expiration (Fridays), daily FLEX option expirations, and quarterly expirations. Holders of long positions in these affected options will need to make independent determinations of the value of the option deliverables in deciding to exercise, or not exercise, any expiring long position. This policy regarding halted securities in expiration processing is described in OCC Information Memo 27391. OPTION SYMBOL SECURITY NAME UNDERLYING SYMBOL NBG National Bank of Greece S.A. NBG Please note that FLEX options introduced after this Information Memo has been published will also be subject to removal from automatic exercise thresholds. OPTION EXERCISE - EXPIRATION PROCESSING Options subject to a removal of automatic exercise thresholds can be exercised only if positive exercise instructions are given to OCC. If no positive exercise instructions...
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...The liveware to liveware factors identified in this accident report were the result of lack of communication and lack of qualified personnel. The first issue was that the pilot reported that he had an adequate supply of fuel on board, when in fact he did not. Earlier that morning before the first leg of the flight, the pilot was notified of the helicopter’s low fuel state in the pass down, possibly forgetting about it and not refueling before takeoff. Once the pilot landed at his first destination, he realized that he had given the wrong fuel amount. He also failed to consider the minimum fuel requirements and this would mean that he most certainly did not have enough fuel to complete his second leg without refueling. Another liveware...
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...Guest Speaker Paper The guest speaker, Dean, gave me a lot of knowledge and insight into the event management and convention center business. He is very successful and managed to make his way through the ranks all the way up to a manager position. The OCC, which he works for is one of the largest and most successful convention centers in the nation. The OCC is the second biggest convention center behind Chicago in the United States. The location of central Florida and these huge buildings help OCC be in high demand for events. The Sears Tower would be able to fit lying down inside of the west building. The North/South building is smaller and shaped more like a box but still is large enough to host several events at the same time. Orlando is considered a first tier city. A first tier city is a city that is able to accommodate 30,000 people or more for an event. Other examples of first tier cities are Chicago, Las Vegas, New Orleans, and Atlanta. The OCC is also a nonprofit business. It infuses the local economy with new money and expanding business. According to Dean they have only made a profit on two events the entire time he has worked there. The energy bill alone for a year is nine million dollars, with some of the high traffic months costing one million. Dean went through how he started out as a security guard to the position he is at currently. One of the things he stressed is you will mess up but make sure to learn from your mistakes. He also walked us through many...
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...motions to suppress evidence obtained from warrantless searches of his bank and law offices. 2 On appeal, we find that the chief claim of error raised by Chuang is that the district court erred in denying his suppression motions. Other claims of error have been raised and considered. 3 For the reasons which follow, we affirm the judgment of conviction. I. 4 We shall summarize only those facts and prior proceedings believed necessary to an understanding of the issues raised on appeal. 5 Chuang was the chairman, president and chief executive officer of the Golden Pacific National Bank ("GPNB"). On June 17, 1985, after receiving information from an informant about certain activities at GPNB, the Office of the Comptroller of the Currency ("OCC") began a warrantless examination, pursuant to 12 U.S.C. Sec. 481...
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...Lab Work 12 Solution Problem 1 #include <iostream>using namespace std;int main(){ char L[100]; int i = 0; int j = 0; int len = 0; int max = 0; cout << "Enter a line terminated by #: "; cin.getline(L, 100, '#'); for (i = 0; L[i] != '\0'; i++) if (L[i] == 'a' || L[i] == 'e' || L[i] == 'i' || L[i] == 'o' || L[i] == 'u') L[i] = toupper(L[i]); for (i = 0; L[i] != '\0'; i++) cout << L[i]; cout << endl; cout << "Words in your line are: " << endl; for (i = 0; L[i] != '\0'; i++) if (L[i] == ' ') cout << endl; else cout << L[i]; for (i = 0; L[i] != '\0'; i++) j++; for (i = j; i < j + 3; i++) L[i] = '*'; L[i] = '\0'; for (i = 0; L[i] != '\0'; i++) cout << L[i]; cout << endl; for (i = 0; L[i] != '\0'; i++) { if (L[i] != ' ') len++; else if (len > max) { max = len; len = 0; } } cout << "Length of the longest word is: " << max << endl; system("pause"); return 0;} | | Problem 2 #include <iostream>using namespace std; int main(){ char S1[20]; int countVowels = 0; cout << "Enter your word: "; cin >> S1; for (int i = 0; S1[i] != '\0'; i++) if (S1[i] == 'a' || S1[i] == 'e' || S1[i] == 'i' || S1[i] == 'o' || S1[i] == 'u' || S1[i] == 'A' || S1[i] == 'E' || S1[i] == 'I' || S1[i] == 'O' || S1[i] == 'U') countVowels++; cout << "Number of vowels in " << S1 << " is: " << countVowels << endl; for (int i = 0; S1[i] != '\0'; i++) if (islower(S1[i]))...
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... Fourth Step: Investigating a topic Start by conducting preliminary research to see what information is available. This may help you develop a research plan. Fourth Step: Investigating a topic Try to find out: • What books are available in your library? • What books are available in other libraries? • Which subscription databases seem to have relevant and appropriate articles? Fourth Step: Investigating a topic Locating Books in the OCC Catalog • Start by accessing the OCC Library homepage: http://www.ocean.edu/library/welcome.html • Click the “Find Books and Movies” link Fourth Step: Investigating a topic Locating Books in the OCC Catalog This will take you to the OCC Catalog. You can search here for books, Ebooks, media items (like videos and CDs), as well as print periodicals Fourth Step: Investigating a topic Locating Articles in the OCC Databases If you are ON campus: • Access the OCC Library homepage • Click the “Find Articles” link Fourth Step: Investigating a topic Locating Articles in the OCC Databases If you are OFF campus: • Log in to Ocean Cruiser • Click the “Announcements” icon • Then select “Access Library Databases From Off-Campus” Fourth Step: Investigating a topic How Do I Choose a Database? Fourth Step: Investigating a topic How Do I Choose a Database? No two...
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...se realizeaza doar pe baza unei comenzi ferme Plata se face astfel: 1/2 din suma se achita anticipat pentru lansarea comenzii 1/2 din suma se achita la livrarea din pepiniera. Receptia marfii se face de catre cumparator la plecarea din pepiniera. Preturile afisate sunt valabile pentru vanzarea cu amanuntul. Pentru comenzi mari se acorda discount in functie de marimea comenzii si sortimentele solicitate. SC COROLA DECO SRL Tel: 072.9832155 E-mail:corola.deco@yahoo.com Webpage: www.coroladeco.ro Denumire Thuja occ.”Fastigiata” Dimensiune (cm) 100-125 125-150 150-175 175-200 200-225 cm cm cm cm cm Pret (lei/buc) 29 39 64 79 95 Thuja occ Smaragd 100-125 cm 125-150 cm 39 59 !!! PROMOTIE Thuja occ.”Globosa” Diametru: 30-45 cm 50-75 cm 75-100 cm 9.5 22 39 SC COROLA DECO SRL Tel: 072.9832155 E-mail:corola.deco@yahoo.com Webpage: www.coroladeco.ro Diametru: Thuja occ.”Globosa Aurea” 50- 75 cm 75-100 cm 25 45 Thuja occ Aurea !!! PROMOTIE 100-125 125-150 150-175 175-200 cm cm cm cm 9,5 29 49 69 Thuja Plicata 125-150 cm 150-175 cm 23 45 SC COROLA DECO SRL Tel: 072.9832155 E-mail:corola.deco@yahoo.com Webpage: www.coroladeco.ro Thuja Orientalis 75-100 cm 22 Cham. Law. „Columnaris” 75-100 cm 100-125 cm 125-150 cm 22 29 45 Cham. Law. „Stardust” 75-100 cm 100-125 cm 125-150 cm 22 29 45 SC COROLA DECO SRL Tel: 072.9832155 E-mail:corola.deco@yahoo.com Webpage: www.coroladeco.ro Cham. Law. Van...
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...a plus, and I don’t have to adjust to new traffic patterns in unfamiliar territory. Second parking at OCC’s main campus is not the best but it is not bad either. They have ample areas to park and there is not a shortage in parking spots which would usually be a problem if I was attending a University or State College in a heavy populated city for example Seton Hall or NYU just to name a few. Lastly I only live 10 minutes from campus a very short drive, which make it very convenient if I’m rushing around town and have a study group or class within a certain time while I am out trying to accomplish any chores or tasks I had for the day. I’m not to far from the main campus to make it there on time. My Second reason of why I chose to attend OCC was the class sizes. I am a big fan of smaller class sizes because I feel it’s more personal. I can ask the Professor questions if I’m not understanding or getting something right away. Trying to do that with 100 people or in one class would definitely...
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...The Logic of JPMorgan Chase Whale Trades The main purpose of this report is to expose the findings and misconduct of disclosing important information of the JPMorgan Chase Whale Trades. This report explicitly details the negligence by the Chief Investment Office in misleading the Office of the Comptroller of Currency of their Synthetic Credit Portfolio. The author’s intention is to inform what went wrong with the trading in the derivatives market by JPMorgan Chase. The key question the author is addressing is why the CIO deviated from their standard midpoint markings to later assigning more favorable prices. Also, the author is addressing why the OCC was unaware of the losses and the risk associated with the SCP. The most important information in this article is the deceptive actions committed by the CIO in the London Whale Trades. It became apparent that senior managers downplayed the problems of the SCP and kept describing the portfolio as a risk-reducing hedge, when in actuality it was a massive portfolio losing billions of dollars and had stopped providing credit loss protection to the bank. The whale trades shows how financial institutions engage in high risk trading activities with federally insure deposits and attempted to divert attention from these synthetic derivatives. The main conclusion s in this article is a combination of poorly executed hedging decisions by the CIO of JPMorgan Chase in their SCP. The CIO failed to alert its regulators of their actions...
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...Washington Federal Savings University of Phoenix Business Law BUS 415 Deborah Gronet October 20, 2007 Washington Federal Savings Washington Federal Savings is a financial institution that has served communities statewide since 1917. As a savings and loan institution, Washington Federal offers checking and savings accounts and mortgage loans. Defining itself amongst competitors, Washington Federal provides customers with the “human touch” in its simplest form - quality customer service. Operating in eight states, Washington Federal maintains a relatively small staff of 885 employees. As a financial institution, Washington Federal is highly regulated by certain federal agency regulations. This paper will explore the regulations currently in effect for financial institutions, as well as the origin, evolution, and efficacy of these regulations within Washington Federal Savings. Federal Deposit Insurance Corporation The Federal Deposit Insurance Corporation [FDIC] is an independent agency of the United States government. The FDIC protects depositors against the loss of deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the credit of the United States government. An insured bank is any bank or savings association with FDIC insurance (Federal Deposit Insurance Corporation [FDIC], 2007). The FDIC was created in 1933 by the Glass-Steagall Act. This was a merging of two separate acts which were created by the U.S. government...
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