ipl-logo

Kaminsky And Pacheco Case Review

717 Words3 Pages

Pacheco (2012), using individual ratings emanated from Moody’s credit rating agency since 2006, analyze the impact of credit rating changes over the performance of a set of rated firms quoted in the Portuguese stock market. They determine a significant response of share prices to changes in the credit rating information and in the outlook. With this, this response seems to anticipate the announcements, either due to previous sovereign downgrade or to the effects of a market outlook. Also, when they are analyzing a specific period, they observed a strong negative reaction to announcements which is understandable given the greater influence and market sensitivity to rating agencies. Kaminsky and Schumukler (2002) analyzed the impact of changes in sovereign credit rating and outlook on financial markets in emerging markets, founding that downgrades were associated with two-percent increase in average bond yield spreads and about one percent decrease in average stock returns. Furthermore, they found contagion effects between emerging markets and that rating …show more content…

(2008) examined the unique role of international credit rating agencies in affecting domestic and cross-country stock markets by using the sovereign rating changes announced by Standard & Poor’s and daily stock returns of five countries for the period from January 1990 to March 2003. It concludes that stock returns in the five countries that were hit hardest by the 1997 financial crisis are shown to be significantly affected by sovereign credit rating changes in their own countries. It shows that the stock markets are significantly impacted by downgrades in sovereign credit ratings during the crisis period. Furthermore, according to Ibrahim et al. (2014) sovereign credit rating changes do have an impact on stock market returns, although there are differing reactions to news from the rating agencies. Importantly, the strongest market reactions are in response to own country and foreign

Show More
Related
355 Words | 2 Pages

On Friday July 29,2016, at approximately 2:30 pm, Security Counselor Patrick Johnson of the inspire Nola Charter School Association Security Department, currently assigned to Edna Karr High School , Located at 3332 Huntlee Dr, in new Orleans Louisiana, 70131,had an occasion to investigate the misplacement of a laptop cart containing multiple laptops. S/C Johnson offers the following report. On Friday July 29,2016 at approximately 12:00pm Mr. Chris Reed a teacher at Edna Karr High school discovered a cart containing multiple laptops next to the trash dumpster. Mr. Reed brought the cart back into the school and reported his findings to head of school Harold Clay.

Read More
586 Words | 3 Pages

A Humboldt County Sheriff’s Office investigator on Tuesday outlined a motive for the Dec. 12 fatal shooting of a 20-year-old man along State Route 255 in Manila, saying three of the five suspects admitted to taking part in the shooting. The day after the shooting, Cesar Valenzuela-Campos, 23, admitted to riding in the car that pulled up behind Tyson Claros minutes before he was shot, investigator Todd Fulton said. Tamara Thompson, 18, allegedly admitted the crime to a jail-house informant and Brandon Mitchell allegedly told a family friend, who called the detective, he’d become remorseful over the killing. “He said that he knew that Catie had lied to him and that he basically killed somebody for no good reason, and he could spend the rest of

Read More
280 Words | 2 Pages

this Court’s order to respond in full to the Hospital’s discovery requests and produce the requested documents. Additionally, Defendant failed to respond to the Hospital’s attempts to confer on this Motion. III. Conclusion and Prayer Defendant’s bad faith behavior implies that he considers himself to be above the requirements of the Rules of Civil Procedure and the authority of this Court.

Read More
723 Words | 3 Pages

Biographical information Michael T. Slager Born: November 14, 1981 Place of Birth: Florida Walter Lamar Scott Born: February 9, 1965 Place of Birth: North Charleston, SC Location of Crime: North Charleston, South Carolina Date of Crime: April 4, 2015 Summary of the case Police officer Michael T. Slager from South Carolina was charged with using excessive force against an innocent motorist and killing him. The defendant pleaded guilty in a federal court in Charleston, South Carolina (Blinder, 2016).

Read More
583 Words | 3 Pages

Summary: On April 18, 1938 Jack Miller and Frank Layton were arrested by police when they attempted to take an unregistered sawed-off double barrel shotgun from Claremore, Oklahoma to Siloam Springs, Arkansas. Transporting a firearm that has a barrel under eighteen inches over state lines is not registered and has no stamped paperwork violates the National Firearms Act of 1934. The NFA was a, "revenue act, levying a $200 transfer tax on all covered firearms"(NYU Law, 61). This was a useful tax during this time because it helped control the gangsters from acquiring machine guns(NYU Law, 61).

Read More
1009 Words | 5 Pages

STATEMENT OF THE CASE On March 25, 2011, the People filed a felony complaint charging defendant Michael Meyers with the following crimes: Count 1 – Assault with Semiautomatic Firearm in violation of Penal Code § 245(b), Count 2 – Assault with Deadly Weapon/Force like to Cause GBI in violation of Penal Code § 245(a)(1), Count 3 – Burglary, Burglary in the First Degree in violation of Penal Code § 459, Count 4 – Child Endangerment in violation of Penal Code § 273a(a), and Count 5 – Making a Criminal Threat in violation of Penal Code § 422. The Defendant was arraigned on the complaint at which time was advised of the constitutional and statutory rights. Defendant pled not guilty to all charges and denies allegations, and did not waive time. Bail was set at $100,000.

Read More
472 Words | 2 Pages

The meeting was called to order at 2:30pm by Arlene Malone, Chief Executive Officer. The opening prayer was given by H. Blondell Malone. Minutes from the previous Board of Directors Meeting were read by Robyn Odom, Secretary, and seconded by attendees.

Read More
1294 Words | 6 Pages

Bryan Dixon is a second year law student at the University of Oklahoma. He received his Bachelor of Arts in Political Science from the same school in 2013. Though raised as the son of a judge, Bryan’s initial interest was not in law. Bryan was initially on the path to a career in civil engineering. However, Bryan’s creative mind and interest in solving problems between other people brought him back to the field of law.

Read More
951 Words | 4 Pages

Byrne relies on Scott v. Watson, 278 Md. 160 (1976), for the proposition that “a breach of a duty by a defendant will result in his liability in the third party criminal activity context when the breach enhances the likelihood of the particular criminal activity.” (Opposition at p. 9). First, Scott did not even hold that the landlord owed the plaintiff a duty—as that case was a certified question from the United States District Court for the District of Maryland. Id. at 161-62. Second, Scott applied exclusively to the duties a landlord owes to its tenants.

Read More
549 Words | 3 Pages

In this case Kyllo v. United States, the Supreme Court ruled against the vitric of the lower courts on a 5 to 4 vote. The questions that need to be answered in this case, in my opinion serve a bigger purpose then the case at hand. The case itself is about a man named Danny Kyllo who was growing marijuana plants inside his home illegally. An officer of the U.S Interior Department got a tip that this man was illegally growing plants inside his home and went to investigate this. Obviously a tip from an unknown is not enough information to get a warrant to search the man’s property.

Read More
581 Words | 3 Pages

Korematsu v. United States: Fred Korematsu’s Case On February 19, 1942, during World War II, President Franklin Roosevelt passed the Executive Order 9066. This authorized the U.S. military to move thousands of Japanese citizens from places deemed crucial to national safety and possibly defenseless against infiltration. The military immediately used this power to issue a ban on all people, “immigrant and non- immigrant,” with Japanese lineage. Following this ban, captivity camps were set up to hold Japanese Americans, extending along the entire West Coast.

Read More
1309 Words | 6 Pages

Can we truly define racism in such a way that it is all-inclusive and understandable? Ruth Wilson Gilmore gives her definition of racism as the “state-sanctioned or extralegal production and exploitation of group-differentiated vulnerability to premature death in distinct but densely interconnected political geographies”. While this may seem difficult to understand, the best way to grasp her definition is through comparison to a real world situation, such as the infamous Massie rape trial and consequential murder of Joseph Kahahawai. The alleged rape of a white woman in Hawai’i, Thalia Massie, and her family’s murder of native Joseph Kahahawai captured nationwide attention in 1931. Not only does this case show how America’s racial hierarchy

Read More
466 Words | 2 Pages

Paradise Hill Medical Center – Case analysis 1. Recognize the background: the key of this step is to understand the medical issues involved. The medical issue in the Paradise Hill Medical Center (PHMC) was that 22 oncology patients received excessive doses of radiation therapy. The patients have not been informed yet that they received and overdose of radiation. The CEO alleged that it was the responsibility of the medical staff to inform the affected patients, and the medical team decided not to inform them about the error.

Read More
850 Words | 4 Pages

The Great Depression and the 2008-2009 financial crisis were both a general economic decline that was observed all over the worlds markets that had devastating affects all over the world on people as many lost their jobs, homes and were left with very little to survive with . The Great Depression The Great Depression was an economic depression that was severe as well as worldwide that occurred in the1930s. The Great Depression varied across nations due to timing across the world, but for the majority of countries it began in 1929 and lasted until the late 1930s.

Read More
1251 Words | 6 Pages

Berlisnki Memo LEGAL ISSUE Would the courts likely conclude that Mr. Berlinski was in actual physical control of his parked vehicle in violation of A.R.S. §28-1381? BRIEF ANSWER Probably not. Per A.R.S. §28-1381, Mr. Berlinski was under the influence of intoxicants, and inside his illegally parked vehicle, with the keys in the ignition and the engine running, behind the driver’s seat.

Read More

More about Kaminsky And Pacheco Case Review

Related Topics

Open Document