Abstract
The paper discusses the number of risks associated with the banking industry. In an attempt to identify and minimize the various risks associated with the operation of this institution, the Bank of New York uses a Risk Management team. Their main goal is to identify and track the various risks associated with the Bank of New York and offer recommendations as to how to minimize or eliminate them. The paper shows how threats and risks in the banking industry can be divided into the following categories: Market Risk, Credit Risk, Foreign Asset Risk, Competition Risk, Governmental Risk, as well as risks to the physical structure and data systems. This paper discusses these risk areas and the Bank of New York's plan for minimizing them.

Table of Contents
Introduction
Risk Analysis
Threats/Risks - Market Risk
Credit Risk
Foreign Asset Risk
Governmental Risk
Competition Risk
Analysis
Data Systems
Mitigation/Countermeasures
Information Assurance Policies
Disaster Recovery Policies
Summary

From the Paper
"The World Trade tower attack in September of 2001 prompted the Bank of New York to re-evaluate and amend its disaster recovery policies. At the time of the disaster, the Bank had over 8,300 employees located in four lower Manhattan facilities who were evacuated in a matter of hours. The recovery plan was immediately implemented, and they temporarily relocated headquarters to midtown Manhattan. By that evening, they had relocated operating departments to five existing contingency sites in New Jersey, New York State, and Connecticut. Staff was reassigned to alternate sites as specified in disaster recovery plans while systems were restored at backup sites over the course of the following days. Well-executed contingency plans led to quick recovery of many businesses, including ADR, BNY Clearing, Core Custody, Brokerage, European Transfer Agency, Foreign Currency Transfer, Fund Accounting and Administration, Investment Management, Performance Measurement, Retail Fund Administration and Securities Lending (BNY annual report, 2001)."

Tags:inflation, consumer, Federal, Reserve, Board, 911

Abstract
This paper examines how, in a country barely 230 years old, today, the New York State Banking Department is a veritable antique; it is the oldest bank regulatory agency in the nation, having been established in 1851. It looks at how, as one of the world's major financial centers with a majority of the nation's foreign bank branches, New York represents an enormous challenge for federal and state regulatory agencies and how the New York State Banking Department has far-reaching authority to ensure the safe and timely operations of these institutions. This paper provides an overview of the New York State Banking Department, a discussion of its responsibilities and activities over the years, followed by a summary of the research in the conclusion.

From the Paper
"According to their organizational literature, the New York State Banking Department employs almost 600 full-time employees, about 73 percent of which are bank examiners; however, state taxpayers do not pay for bank regulation since the revenues to fund the Department's operating budget are derived from the fees paid to it by state-chartered institutions. Besides its main office at One State Street, Manhattan, the Department maintains an office in the state capital at the Empire State Plaza, Albany, and at 333 East Washington St, Syracuse, New York. Based on its need to regulate a majority of the nation's foreign banking institutions located in New York, the Department also has an overseas office in London (State of New York Banking Department, 2004). The Department is the primary regulator for state-licensed and state-chartered financial entities, including domestic banks, foreign agencies, branches and representative offices, savings institutions and trust companies and other financial institutions operating in New York including mortgage bankers and brokers, check cashers, money transmitters, and licensed lenders, among others."

Tags:harlem, federal, examinations

Abstract
This paper examines the efficacy of the World Bank?s educational policies as perceived through various literature that has been devoted to the subject recently. It determines whether the World Bank is truly addressing the root of the problem of poverty by investing so many millions of dollars yearly on educating the poor. This paper utilizes, primarily, two articles that deal specifically with the efficacy of the World Bank's education programs: "The Impact of Education on Economic Growth" by Francisco Rivera-Batiz and "The World Bank's Mission Creep" by Jessica Einborn. In addition, the paper uses several New York Times articles that question the World Bank's role in alleviating poverty.

From the Paper
"The result was apparent in India during the 1970s and early 1980s. India spent a large part of its government and private resources on educating its work force. The result was perhaps the most technologically literate and advanced workforce in the world -- at least among India's middle-classes and upper-middle classes. But a huge number of these skilled laborers like doctors and engineers simply left the country en masse to America, Britain, the Middle East and Canada. India called the phenomenon the "Brain Drain," but indeed, it drained India's spirit as well."

Tags:International, Monetary, fund, Wolfensohn, labor, force, skilled, labor

From the Paper
"A Comparison of Two Federal Reserve Banks

Introduction: Federal Reserve Functions
The Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded. Today, the federal Reserve's duties fall into fall into four general areas:
1. Conducting the nation's monetary policy by influencing the money and credit conditions in the economy in pursuit of full employment and stable prices;
2. Supervising and regulating banking institutions to ensure the safety and soundness of the nation's banking and financial.."

Abstract
This paper is a case study on Bernard's New York Deli in Hawaii. The paper discusses how the owner of the deli is considering some creative financing to fund an expansion of his business. The problem, however, is that he is a risk taker and his bank and his advisors are against this decision.

From the Paper
"Bernard Horowitz is the owner and operator of Bernard's New York Deli. He recently moved to a larger location. Business during the first three months was good, but he needs to expand to take full advantage of the new location. Specifically, Bernard wants to expand seating by fifty customers and purchase new equipment. He estimates that this expansion would cost ?. His bank will not lend him additional funds."

Tags:Bernards deli, case study, risk averse, marginally profitable, expansion, bank lines, discretionalry expenditures, risk and reward, internally generated funds, corporate IOUs

Abstract
Among the many investment vehicles offered by Charles Schwab on-line are mutual funds. A specific mutual funds program offered by Charles Schwab is the "One Source Online" program. This paper compares this program with similar programs offered by other companies. The writer discusses the aspects an investor would want to consider when choosing a company with which to invest.

From the Paper
"A mutual fund is a particular type of investment company. Specifically, a mutual fund is an open-end investment company. An open-end investment company is one that does not have a fixed amount of capital stock, and continues to sell additional shares to the public as demand warrants. As an open-end investment company, a mutual fund also repurchases the outstanding shares in the fund when such shares are surrendered by shareholders. The term mutual indicates that the investment company represents a mutual pooling of the investment funds of a large number of people who share in the outcome of the combined investment of those funds. The value of a share in a mutual fund is determined by the market value of the investment holdings of the mutual fund."

Tags:investment, banking, fund, internet, share

Abstract
This paper attempts to identify the strengths and weaknesses of performance appraisal approach in theory and in practice and to determine to what extent performance appraisal is conditioned by cultural factors as demonstrated in a typical Japanese bank. The author uses a historical/case study approach, a process by which the historian seeks to test the truthfulness of the reports of observations that are provided by others, and secondary research. The paper relates results that Japanese employees are motivated by many of the same factors that influence their American counterparts but by differing degrees: All employees recognize that hard work, loyalty and their commitment to organizational goals are aspects of their jobs, which should be evaluated; however, what appears to be the most glaring difference between Japanese and American employees is the extent to which such performance appraisal results are expected to be used in developing compensation levels. Tables and Charts.

Table of Contents
Introduction (Background)
Research Aim
Research Objectives
Research Questions
Background and Overview
Strategic Human Resources Management
Importance of Performance Appraisals
Influence of Cultural Factors on Performance Appraisals
Research Methodology
Types of Data to be Used in the Research
Criteria for Selection of Articles
Advantages and Disadvantages using Secondary Data
Evaluating Secondary Data Sources
Research Analysis, Findings and Discussion
Case Study One: Japanese Financial Services Firms and Banks in New York City by Beechler and Yang (1994)
Case Study Two: TSDAL in New York City by Noriya Simiharta (1999)
Conclusions
Recommendations
Project Limitations
Further Research
Reflection
Appendix: General Steps to Improve the Performance Appraisal Process

From the Paper
"Following World War II, the military leadership of the U.S. forces occupying Japan imposed American-style labor laws and industrial relations practices under the belief that they would help ensure that Japan would not fall back into a militaristic or totalitarian state; by the 1980s the situation had reversed. Consequently, many American experts called for adoption of Japanese management practices in hopes of achieving the same high productivity, quality, and cooperative labor-management relations found in leading Japanese firms. In both of these instances some practices were successfully transplanted to the other country. For instance, free trade unions and collective bargaining did evolve in postwar Japan (although not in the same fashion as they did in the U.S.). At any rate, the success of Japanese management caused many American businesses to reassess their own policies and practices and to focus on the Japanese system. This has been particularly true in American manufacturing industries. In the automobile industry, for example, the success of Japanese "transplants" (Japanese-managed plants operating in the United States and staffed with American workers) has reinforced the efficacy of the approach with American auto executives."

Tags:culture, strengths, japan, historical-case, degree

Abstract
The paper relates that the project to integrate Dbhl into Mortgage IT will be completed in New York and California, and entails combining two wholly owned subsidiaries of Deustsche Bank, Dbhl and Mortgage IT. The paper further relates that Dbhl has a centralized office that employs 165 employees, while Mortgage IT has 45 offices across the country and employs in excess of 2200 employees. The paper asserts that the combination of Mortgage IT, a large 35 billion dollar prime wholesale residential, and Dbhl, a 1.5 billion dollar sub prime wholesale residential lender, will create a fulfillment center that services customers with a large sales force.

Tags:management, business, capstone

Abstract
This paper relates the impressions and themes from a speech given by one of the Democratic Primary candidates for President, John Edwards. The speech was delivered June 21st, 2007 at Cooper Union in New York City. The paper looks at how Edwards continued his broad campaign theme of Two Americas and made a proposal for a Family Savings and Credit Commission to supervise the banking and mortgage industry.

From the Paper
"This paper shall relate the impressions and themes from a speech given by one of the Democratic Primary candidates for President, John Edwards. The speech was delivered June 21st, 2007 at Cooper Union in New York City. Edwards continued his broad campaign theme of Two Americas and made a proposal for a Family Savings and Credit Commission to supervise the banking and mortgage industry.
"John Edwards - Two Americas: Former Senator John Edwards, unsuccessful Vice-Presidential candidate from the 2004 election, is presently vying for the Democrat Party Presidential..."

Tags:edwards, campaign, speech

Abstract
This paper explains that the source material for Atom Egoyan's "The Sweet Hereafter" is Russell Banks's highly acclaimed novel in which four different narrators tell the story of a school bus accident and its devastating effect on a small town in upstate New York. The author points out that Egoyan, an Armenian/Canadian director, has "Canadianized" the film by moving the setting to a rural community in British Columbia and has added the ingenious parable of the Pied Piper of Hamelin. The paper relates that, despite these minor modifications and a significant change to the ending of the film, Egoyan has remained faithful to the concerns of the novel, which focus on the painful effects of a disaster on a small town.

From the Paper
"The challenge of representing powerful voices is in the casting of convincing actors who are capable of bringing them to life. Egoyan has done a superb job of choosing incredibly skilled performers who are as flawed and imperfect as the people they portray. Ian Holm's Mitchell Stephens, Esq. deserves the most acclaim as he has given this unfavourable character a strikingly realistic complexity."

Tags:frame, non-linear, narrators, voices, disaster