fields, and go above and beyond to help, not only themselves, but also the world for the better. Also, their contributions in STEM have made them quite popular in their fields. Among these many people, Mae C. Jemison was the first African American women to travel in space. When growing up, Mae C. Jemison had a great childhood. She was born in Decatur, Alabama in October 17, 1956. When she was 3 years old, her family moved to Chicago, Illinois. With the support of her parents, she developed the idea to
Mae C. Jemison is the First African-American female astronaut. In 1992, she flew into space aboard the Endeavour, becoming the first African-American woman in space. Mae Jemison was born on October 17, 1956 in Decatur , Alabama. In acknowledgment of her achievements, Jemison got various awards, including a few privileged doctorates, the 1988 Essence Science and Technology Award, the Ebony Black Achievement Award in 1992 and a Montgomery Fellowship from Dartmouth College in 1993. She was likewise
Mary Jemison or Dehgewanus "The White Woman of the Genesee" In the fall of 1743, somewhere on the stormy Atlantic, a child was born to Thomas and Jane Jemison aboard the ship William and Mary. The little baby girl was named Mary, and although she was not aware of it, she was joining her parents and brothers and sisters on a voyage to the New World. The Jemison family landed in Philadelphia and soon joined the other Scotch-Irish immigrants on the western frontier, a place that promised them
the antithesis of Walt Disney. When you look at corporate history, what matters is not what core values you have but that you have core value, and that you believe them. As another example, take David Maxwell's bus ride. When he became CEO of Fannie Mae in 1981, the company was losing $1 million every business day, with $56 billion worth of mortgage loans under water. The board desperately wanted to know what Maxwell was going to do to rescue the company. Maxwell responded to the "what" question the
The reading that was investigated consisted of a case study from Marianne Jennings entitled “Fannie Mae: The Most Ethical Company in America”. Jennings (2009a) writes about how Fannie Mae’s ranking was number one in the United States of America in 2004 as being the most ethical company. Jennings (2009a) writes that CEO Franklin Raines challenged his employees to double Fannie Mae’s earnings per share (EPS) within five years from $3.23 to $6.46. Consequently, this enabled employees and managers
It is in my opinion that government intervention, though necessary in certain circumstances, should be largely limited to its role in protecting property rights, upholding the rule of law, and maintaining the value of the currency. The market itself is best at deciding how and when to manufacture its goods and it is unnecessary for the government to step in to try and improve the efficiency of the economy. One should look to the entrepreneurial creativity of millions who are willing to risk their
In his essay “Race Over” Orlando Patterson spoke of a shift in the underclass that will include more whites or “European Americans” if one wants to use the politically correct vernacular. He wrote of the middle class exodus to gated communities or rebuilt inner cities and an intermingling of the races (Patterson). I believe this to be true not only in the northeast but all over the country due to shrinkage of the middle class. The decimation of the once prosperous backbone of American society cannot
I believe that the financial crisis of 2007 was definitely a surprise. In 2001, the financial bubble was created. The financial bubble allowed people to get a loan for their house mortgage even if they could not afford to pay the loan back. The Government thought that the bubble would solve the mortgage loan issues, and as a result, the price of the house after the people were provided that loan increased tremendously. The Financial Bubble not only caused the price of the house to go up, but it also
detailing the occurrence and the board negligence in accepting the changes in accounting in order to fix their earnings (Barta and McKinnon). OFHEO is the federal regulator in charge of overseeing the government-sponsored companies Freddie Mac and Fannie Mae. OFHEO also punished Freddie Mac with a $125 million settlement and a series of additional penalties such as separating the functions of CEO and chairman, as well requiring Freddie Mac to hold more capital and limiting their growth temporarily. As far
(1) Mortgage loans are a substantial form of revenue for the financial industry. Mortgage loans generate billions of dollars in the financial industry. It is no secret that companies have the ability to make a lot of money by offering a variety of mortgage loan products. The problem was not mortgage loans but that mortgage companies were using unethical behavior to get consumer mortgage loans approved. Unfortunately, the Countrywide Financial case was not an isolated case. Many top name mortgage
America is the land of opportunity and vast wealth, but what happens when a recession falls upon the country? Will the people of America survive? In Richard Florida’s article “How the Crash Will Reshape America”, he explains the different approaches America can be transformed to help them out of the economic crisis. Although Florida presented different solutions to help get through the times of the recession, the housing market whether we are considering new construction or renovations on existing
A housing bubble is a period of above-average levels of house price growth. According to BusinessDictionary.com, “A housing bubble is a temporary condition caused by unjustified speculation in the housing market that leads to a rapid increase in real estate prices,” (BusinessDictionary.com). A drop in prices back to or lower than the original price level must then follow this. The drop in house prices begins at the point where the bubble “bursts”. According to McConnell, Brue, and Flynn’s Macroeconomics
The Role of the Community Reinvestment Act on the 2007 Housing Bubble Collapse The reality of the worst financial crisis in the last 80 years has led to wide speculation of its causes. While a plethora of theories have been offered, none have been as persistent and as patently false as the assertion that the Community Reinvestment Act of 1977 played a significant role in the housing bubble collapse. Critics of the Community Investment Act (CRA) argue that by pushing banks to meet the credit needs
Associated Press. (2007). Freddie Mac pays $50M to settle fraud charges. Washington: USA TODAY. REFERENCES: http://www.freddiemac.com/corporate/company_profile/ http://abcnews.go.com/Business/story?id=3664473 http://abcnews.go.com/WNT/video/fannie-mae-freddie-mac-execs-accused-fraud-15175308 http://www.nbcnews.com/id/21027918/ns/business-us_business/t/freddie-mac-settles-accounting-fraud-charges/#.UyyxlvldWyU http://www.foxbusiness.com/2011/12/16/fannie-freddie-former-execs-could-lose-bubble-era-pay/
Argument Fannie Mae functions as an entrepreneurial agency since the costs are heavily concentrated on some industry, profession or locality but the benefits are spread over many if not all people.1 This type of agency will face hostile interest groups because of the low-per capita benefits but because costs have a high per capita value, the agency has a strong incentive to oppose the law.1 The Federal National Mortgage Association The Bank Act of 1932 led to the establishment of The Federal
Boating seems to be the most interesting and enjoying event for everyone in this world. So in order to experience the best boating, everyone should come out with the best boat that is strong enough to sail on any kind of weather condition and water. Boating is not such an easy entertaining event and it is not an event that anyone can take part, as it the most dangerous and risky event where everyone requires a good knowledge in boating. No one can just start boating with just a basic knowledge in
In what ways is Educating Rita effective as a play? 'Educating Rita" is dramatically effective in many ways. It is also recognised as an exceptional play; it was voted "Best comedy of the year" when performed by the Royal Shakespeare Company in 1980, and just three years after release, it had become the fourth most popular play in Britain. There are obviously factors which make it so effective, and I intend to explore these factors. Throughout the play, there are only two characters: this
The Metamorphosis of Rita in Willy Russell's Educating Rita Educating Rita by Willy Russell tells the story of 'Rita' White a twenty six year old hairdresser, who is trying to gain an education at the Open University. Russell has written the whole story as a play with only two characters, Frank and Rita. All scenes are in Frank's study and follow the dialogue between Frank and Rita. Russell wrote the play in the 1980s and it is somewhat autobiographical, it explores
is determined to learn and it's also another symbolic way of saying that she is going to use every device she can to achieve her goal... ... middle of paper ... ...l to follow, which is why she changed her name from Susan to Rita ( after Rita Mae Brown) on the first place. At one point she also changes her accent to sound more "sophisticated". These are clear signs of her lack of self confidence. By the end of the play she discovers herself truly and even considers doing what was trapping
Critique of the Movie Educating Rita Director: Lewis Gilbert Screenwriter: Willy Russell Released: 1983 With Julie Walters, Michael Caine, and others Rita (Julie Walters) is a twenty-six years old hairdresser from Liverpool who has decided to get an education. Not the sort of education that would get her just a better job or more pay, but an education that would open up for her a whole new world--a liberal education. Rita wants to be a different person, and live an altogether different sort