It doubled the national debt of the United States. This crisis was not an accident. It was caused by an out of control industry. Since the 1980s the rise of the United States financial sector has led to a series of finical crises. Each crisis has caused more damage, while the industry has made more and more money. PART 1: HOW WE GOT HERE After the Great Depression in the 1930s the United States had 40 years of economic growth, without…
affect digital forensics. (Easttom, 2014) There are many ways a computer forensics specialist can help the private and public sectors alike. Many companies, law firms, prosecutors, schools, data recovery companies, insurance companies and individuals require computer forensics for assistance in gathering information related to embezzlement, sexual harassment, discrimination, fraud, theft of physical property, theft of intellectual property, network or computer intrusions, employment disputes…
anyone who is willing to buy it (Grigsby v Russell… np). A life insurance policy is not commonly thought of an asset to be used while you are still alive; however, at certain times, a life insurance policy can have more value to someone while they are alive than as a death benefit gifted to another person later. Typically, young industries that experience rapid growth in a short time period, such as that seen in the life insurance settlement industry, need innovative regulation in order to…
The Wall Street Journal “The Schneiderman Rules,” discusses New York Attorney General Eric Schneiderman endorsing the Clinton campaign by abusing his powers. He is accusing Trump of “fraud upon the people of the state of New York.” People are questioning his timing on the offense because the elections are less than a month away, so he could have waited after Nov. 9th. The author agrees that New York citizens need to be protected as Schneiderman mentions, however, the actions Schneiderman is…
DESPITE HIPPA’S HITECH ACT, CYBERATTACKS CONTINUE TO RISE HIPPA’s HITECH Act and the Omnibus rule were enacted to prevent data breaches in healthcare; however, healthcare data breaches are on the rise. Since its enactment in 1996, several provisions have been incorporated into the original Health Information Profitability and Accountability Act (HIPAA), one of which is the Health Information Technology for Economic and Clinical Health Act (HITECH): In 2009, The U.S. Department of Health and…
them free trading of goods, services, people and capital. The EFTA adopted by the Swiss however, is not a part of the EU or the EEA therefore negotiated to participate in EU policies and programs which determine policies such as insurance, air traffic, pensions and fraud prevention, they also negotiate free trade with the EU in all non-agricultural goods. The last part is operating in the world trade and enabling the UK to initiate trade deals outside of the EU. The World Trade Organisation…
Executive Compensation For the purpose of this essay, executive compensation will be considered as an issue separate from other business issues. It will be assumed there is honest reporting to shareholders and the executives are behaving ethically with accountable for their conduct. If anyone in a company is performing unethically, regardless of their title, it should result in their termination. Non-profit enterprises, which enjoy tax benefits and public financial support, should develop a…
This can be referred to as the insurance companies and the government public programs. By its very nature insurance causes a phenomenon known as “moral hazard”. Unlike most other industries, in health care a third party actually pays for most of the services used instead of directly by the consumer. The consumer’s out-of-pocket costs are therefore lower than the cost of the services. This shields them from the knowledge what the prices are, and increases usage of the services, thus driving up…
could cause massive losses that cascade through multiple infrastructure sectors (such as energy, transportation, health care, finance) given that cyberspace has increased the interconnectedness among them.” Economic costs could include business interruption, hardware and software replacement, customer reimbursements, cyber defense costs, criminal use of credit card numbers, stolen identities, fines, and cyber risk insurance (Kelic et al., n.d.).” In 2005, the FBI estimated that the total cost…
The current state of healthcare appears to be that of multiple parts working in separate areas that seem to point back to the same important and fundamental concept which is healthcare insurance should be…