ipl-logo

Harry Markham Case Summary

485 Words2 Pages

Harry Markham’s Loyalty Dilemma Markham was hired as an investment advisor to give advice on the state pension fund. He has concerned about the pension funds running out of money due to the liability risk associated with the higher values that were not being reported (Walsh,2016). The problem is that how can Markham give good advice on investments decisions to his clients when they don’t want to hear a negative report. He has live up to his moral obligation which is to be honest and trustworthy to his clients and all other parties when it involves investment decisions (Northouse, 2016, p.346). 1.) Why is Harry Markham feeling conflicted? Markham is feeling conflicted because of how the public pension fund was previously evaluated. While preparing his analysis for the pension fund he found that the numbers he estimated were significantly higher than those reported (Walsh, 2011, p. B6(L)). Not wanting to be the bearer of bad news Markham battle with his conscience on whether or not he should inform the pension board of the underestimated figures and the liabilities (Asanuma, 2010). His loyalty and ethical …show more content…

Before Markham reveals his estimate of the underfunding risk the previous values showed he should first seek the advice of his firm, to explain his situation of how his estimated pension values were significantly higher than the actuaries reported value, and then voice any concerns he had that was related to the liability risk associated with his estimated higher values of the pension fund which is a misleading to the pension board members. Markham gave his oath to the Code of Ethics and Standards of Profession Conduct and should adhere to the rules and regulations and not provide false information or mislead his clients under any circumstances (Code of Ethics and Standards of Professional Conduct,

Show More
Related
1367 Words | 6 Pages

The Case of Leighton Hay Leighton Hay was a 19-year-old Jamaican-born Canadian citizen who was wrongfully convicted of first-degree murder in 2002. This started with an altercation that broke out at midnight when four men and a woman tried to enter a nightclub without paying a cover charge. Later, those intruders left but three men with handguns came into the club and two of them made it into the kitchen where they shot Colin Moore eight times who was the brother of the person who was organizing the event that was taking place that evening (Roger Moore). In the kitchen, there were two more people aside from the brothers, Colin’s wife (Jennifer Moore) and a friend (Leisa Maillard). Jennifer ended up identifying one of the shooters as Gary Eunick.

Read More
506 Words | 3 Pages

O: I want to manage my needs and my family needs in positive ways. A: MHS will review with the member the monthly budget to prepare for the upcoming month. MHS will also reinforce the importance of the member prioritizing her needs and the needs of her family. MHS will discuss what steps the member has taken to prepare for the arrival of her unborn child.

Read More
102 Words | 1 Pages

On November 16, 1972, student protestors at Southern University A&M College located in Baton Rouge took place at the campus's administration building. To remove the protestors, deputies and the state police tossed tear gas canisters into the building, which the people threw back out of the windows. Two students were killed during the protest, Denver A. Smith and Leonard D. Brown. Denver Allen Smith was born August 2, 1952 and died November 16,1972.

Read More
806 Words | 4 Pages

1. Facts: Explain the essential facts of the case. Tell the story of the case. Jacob Winkleman is a 6-year-old student at Pleasant Valley Elementary School in Parma, Ohio. Jacob was diagnosed with autism spectrum disorder and is covered under the Individuals with Disabilities Education Act (Act or IDEA), 84 Stat. 175, as amended, 20 U. S. C. §1400 et seq.

Read More
883 Words | 4 Pages

Summary of the Incident Only eleven days into his new job as a New Jersey State Police trooper, Justin Hopson witnessed an act by his training officer that would challenge his moral convictions and change his life forever. During a traffic stop in March 2002, Hopson watched his partner arrest a woman for drunk driving who had not even been behind the wheel. Throughout the court proceedings in this case, Hopson chose not to violate his principles, and refused to validate his partner’s version of events surrounding the arrest. From that point forward, Hopson was targeted by fellow officers in an effort to silence him about this event, and other alleged police misconduct.

Read More
840 Words | 4 Pages

In September of 1961, a woman from District of Columbia had an intruder break into her apartment. While the invader of the home was there, they had taken her wallet, and also raped the woman. During the investigation of the crime, the police had found some latent fingerprints in the apartment. The police then established and processed the prints. The prints were then connected back to 16 year old Morris A. Kent.

Read More
305 Words | 2 Pages

I believe Justice O’Connor’s plurality opinion of Jennifer Troxel et vir. V. Tommie Granville (802-803) was an example of a “good opinion.” The piece was both well-written and backed by appropriate precedent; O’Connor cited Meyer and Stanley v. Illinois, supra, observing, “[The] interest of parents in the care, custody, and control of their children [is] perhaps the oldest of the fundamental [due process] liberty interests recognized by this Court” (802). He additionally emphasized that the Court had not found Granville an unfit mother, nor had the Troxels accused her of being one when the case began. I find the majority opinion of Robin Joy Shahar v. Michael Bowers to be an example of a “bad opinion” for several reasons.

Read More
1076 Words | 5 Pages

Loyalty can go hand-in-hand with bravery. Loyalty was being faithful to a situation, which was shown a lot through Sir

Read More
998 Words | 4 Pages

He is full of humility and loyalty, a virtue that is required to be exemplified by the

Read More
1359 Words | 6 Pages

(Hosseini 93) I find this to be loyal but also have some courage in it because he could easily stand up to Amir and hit him, but he holds back everything that has happened. And being able to hold in your secrets and not lash them out on anybody and be so loyal to someone who has done you so wrong is a courageous act to

Read More
1033 Words | 5 Pages

This brings into question the severity and extent to which Robert Harris should be held accountable for his actions. There are two different ends of the morality spectrum through which Harris can be found guilty: moral responsibility and criminal responsibility. This is where the different theories on moral responsibility truly come into play. While none of these philosophical arguments would hold up in court, it does make the decisions made by Robert Harris seem much more complicated than it first appeared. The criminal justice system is based on a libertarian train of thought.

Read More
627 Words | 3 Pages

He has failed to tell the truth in many scenes. He has trouble in organizing his financial responsibility, organizing his life to reach his goals, and he is more focused on others than himself and have hesitation in saying no to people. His first problem is organizing his financial responsibility. He is committed towards his financial responsibility, but he also have grown up with personal values. “I believe in being honest and truthful with others.

Read More
1198 Words | 5 Pages

Virtuous traits shape a man when they are moderately demonstrated, but extreme manifestations of virtuous traits have the opposite effect.. Hassan’s loyalty is seen as noble, but the level to which he takes it makes him less of a man. Although society prizes loyalty above many other traits, it is not the end-all-be-all of qualities. Hassan exhibits

Read More
1612 Words | 7 Pages

These characteristics are integrity and authenticity; integrity can be defined in many ways, integrity encloses core values like honesty and justice, and it suggests a sense of moral soundness (Lawton & Páez, 2014). Leaders with integrity would do the right thing when nobody is looking, they would demonstrate exemplary moral behavior and they will keep a consistency between laws and codes. The virtue of integrity in an ethical leader has such a strong impact that when subordinates think about their leaders they think about their integrity and ethics. When leaders demonstrate their integrity daily, they gain credibility from his/ her

Read More
2597 Words | 11 Pages

Question 1 1.0 Introduction Financial planner as a provider of financial services, Australian Securities and Investment Commission (ASIC) as a financial industry regulator, the both two forms a mutual relationship with customer. Financial planners provide customers with financial services enable customers to gain profit in a reliable way; ASIC regulate financial planner, protect the interests of customers. This mode forms health financial market system. However financial planner’s purpose is pursuit for higher profits. In the process, the financial planner is likely to be violations.

Read More

More about Harry Markham Case Summary

Related Topics

Open Document