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US treasury secretary Mr. Paulson has proposed a bold plan to rescue the world financial system, which involves a taxpayer bailout of over $700 Billion. The Wall Street investment banks are disappearing and unbelievable changes occurring are somewhat similar to the great depression. This short...
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A central issue for managers or investors in portfolio management of assets is to select the assets to be included and to predict the value of the portfolio, given a variety of historical and concurrent information regarding each asset in the portfolio. There exist several criteria or models to...
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A failure in providing human rights is generally due to at least four factors: bad governance, vested interests, cultural factors and poverty. We cannot eliminate human rights violations without a local countervailing power sustained by good governance. Local entrepreneurs, who are essential for...
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