The book titled “When Genius Failed: The Rise and Fall of Long-Term Capital Management”, written by one of the famous financial journalists, Roger Lowenstein gives an account of how the 1998 collapse of Long-Term Capital Management (LTCM), a hedge fund panicked the financial markets . The author explains in his book about how banks relied on various brand names that have been established LTCM through its partners and how lenders were ignorant to the assets and strategies of LTCM. He illustrates several examples that suggest the models, strategies and trades used by LTCM, thereby offering valid reasons as to how ...
Offering Book Reviews Samples For Students
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Plutarch’s historical work On Sparta is a vivid and compelling description of Spartan life, and their contributions to modern philosophy, warfare, and other elements of life, to which they have made significant knowledge contributions. Spartan customs, and the rise and fall of their kingdom, are both of interest to current readers, because their culture influenced the rest of Europe profoundly, even after it’s’ eventual decline in the third century B.C. It is a compelling read, depicting some extremely significant historical moments, and characters, and offering tidbits of wisdom still applicable today
Plutarch was a Greek Historian, and ...
Marcia Lorry, a young civil liberties attorney in the year 1973, challenged the operations of the foster care systems in New York by filing a very controversial law suit against the system. The case later became known as the Wilder case. The young attorney based the law suit on the argument that the foster care was not protecting the children under its care as it was supposed to because the system used a categorization procedure based on convenience and not on the needs of the children. The plaintiff of this controversial case was a thirteen year girl named Shirley Wilder. She was a runaway ...
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Dharma is under the teachings of Buddhism as a religion which was practiced by the Hindu people in Ancient India. To understand dharma we must first understand the religion itself. From the previous chapters of the book we realized that Buddha was the founder of the religion. Buddhism is a form of religion whose inception was in India. Buddhism as a religion gained followers who were supposed to follow certain regulation, and that’s where Dharma originated as a teaching under Buddhism religion. According to the teaching of Buddhism, Dharma is comprehended as the way of the living of the people who practice ...
