Chaos in the Caribbean

In: Business and Management

Submitted By tramtran13
Words 1487
Pages 6
Chaos in the Caribbean
Strayer University
Forensic Accounting and Fraud Examination
ACC 571
Dr. Timothy Brown

-------------------------------------------------

1. Evaluate Avey’s role as an expert witness for the Jamaican government. Avey and his firm were hired by the Jamaican government starting in the early in the 90s to investigate accusations of fraud and mismanagement and prepare reports outlining his findings starting with the Blaise Merchant Bank and Trust Co which spread to two similar but larger cases involving Century National Bank and its related financial entities and Eagle Merchant Bank. As an expert witness, Avey was hired by the Jamaican government to provide forensic investigation and audit support. He utilized specialized investigative skills in carrying out an inquiry conducted in such a manner that the outcome would be applicable to a court of law. In addition he examined evidence regarding assertions to determine its correspondence to established criteria carried out in a manner suitable to the court. Avey conducted his investigation grounded in sound forensic accounting principles where he quickly discovered self dealing in the Blaise Case where money was lent from one Blaise financial entity to companies controlled by its principal shareholders. In the Century Case, dishonesty was the main cause of the problems where the use of depositors’ funds to acquire such assets as real estate (which had also been the case with Blaise) for the potential personal gain of the individuals who controlled the financial institutions. In the Eagle case, once again depositor funds were misused, particularly in relation to the construction of a hotel originally intended as a 130-room-suite apartment complex. 2. Enumerate the likely techniques that Avey used to discover the connectivity between Blaise, Century and Eagle. One of the most…...

Similar Documents

Chaos

...on edge of rooftop. Pans back around to Close-up of Gabe. Gabe: I can’t explain it any other way, this goes down or we all do! We’ve tried to do it legally…it didn’t work…they own everyone…. Mike: I know, but ….fuck man, this is going to….I don’t know ….start a fucking war. Gabe: Exactly…a war they are not prepared to fight…..WE are! Honestly, this is our only option, unless of course you like the alternative. (Mike shakes head) They’ve been runnin’ the show for the last 2000 years. They’ve fucked up; it’s time for someone to make it right! They fall …society finally gets a chance to run themselves. No one group of people should have the kind of power they do! Mike: You know we’ll be dead inside of a week… Gabe: Bullshit. Chaos hides all, my friend! If I could die and say one thing about my life, it would be that I fought the good fight. I didn’t sit down and take it. I charged head on and made them remember why the human heart should never be underestimated. Mike: They probably already know who we are! Gabe: They know who we were. They don’t know what we are…..or what were capable of. I’m not sayin’ I don’t value our lives, but this is bigger than us. Fuck living, if it means serving them …..Fuck them… You and I know that no one plans their own lives…they do! They decide who gets to survive...who lives...who dies…who starves…You can’t walk a goddamn block without seeing their influence…their power…they own it all. Being able to kill on demand was our...

Words: 2694 - Pages: 11

Caribbean Brewers

...ISSN 1940-204X Caribbean Brewers: Transfer Pricing, Ethics and Governance Douglas Kalesnikoff University of Saskatchewan Suresh Kalagnanam University of Saskatchewan INTRODUCTION It is April 2011 and you have used your newly acquired business degree to secure a management job as advisor to the chief financial officer with Caribbean Brewers Inc., located in Antigua in the Caribbean Sea. Caribbean Brewers Inc. is a 75%-owned subsidiary of Gera International, a conglomerate in the business of brewing and distributing beer. It is barely a week since you started your job and you already have major projects to deal with. GERA INTERNATIONAL Gera beer has been a well-established international brand of beer for over half a century, usually ranked among the top three selling brands of beer in the world. Up until 2005, Gera International, head-quartered in Munich, Germany, brewed Gera beer for the Caribbean region at a brewery located in Jamaica. As transportation costs continued to increase, the logistics of shipping from Jamaica, which is located in the western Caribbean, to islands in the eastern Caribbean became problematic. In the early 2000s, Gera International set out to find a suitable location for a plant in the eastern Caribbean. After due diligence investigations on a number of locations, Gera International decided on Antigua. Antigua, with the population of 68,000, is the largest of the English-speaking Leeward Islands of the eastern Caribbean. Antigua became......

Words: 3157 - Pages: 13

Chaos

...Chaos: A short Introduction Scientists have been coming up with theories for thousands of years now. The theories have been tried and tested have been altered and improved to better understand why certain things happen in and out of this world. Many of these theories are still in the works and our not fully comprehendible and scientists have been working hard to achieve breakthroughs in these areas. One such theory has achieved several breakthroughs within the past couple of years and that theory is called Chaos Theory. This theory first started out mainly as a sort of fictitious happening only read about in novels until lately when scientist have discovered that this theory may have more effect than previously deliberated. In Leonard Smith’s book, “Chaos: A Very Short Introduction” he gives an understandable account of what the Chaos Theory is and how it affects the environment around us. Leonard explains to the reader how the Chaos Theory works through mathematical diagrams, models, and simulations to show the possible results the theory could claim on the environment around us. The book is for the most part easy to understand and gives the reader a sufficient understanding even if the reader does not have a background in mathematics or science. Chaos theory first came about when scientist decided they wanted to be able to predict the future more accurately of certain events happening. The theory takes a look at the initial beginning of a system and tries to......

Words: 1845 - Pages: 8

Chaos Theory

...INTRODUCTION TO CHAOS THEORY BY T.R.RAMAMOHAN C-MMACS BANGALORE -560037 SOME INTERESTING QUOTATIONS * “PERHAPS THE NEXT GREAT ERA OF UNDERSTANDING WILL BE DETERMINING THE QUALITATIVE CONTENT OF EQUATIONS; TODAY WE DO NOT KNOW WHETHER THE EQUATIONS OF FLUID FLOW CONTAIN THE BARBER POLE STRUCTURE OF TURBULENCE; TODAY WE DO NOT KNOW WHETHER THE SCHRODINGER EQUATION CONTAINS FROGS, MUSICAL COMPOSERS OR MORALITY OR WHETHER SOMETHING BEYOND IT LIKE GOD IS NEEDED OR NOT “ PARAPHRASED FROM R.P.FEYNMAN * “ONLY A CORNER OF THE VEIL HAS BEEN LIFTED, BUT PERHAPS WE HAVE STARTED ON THE ABOVE JOURNEY ” PARAPHRASED FROM FLORIS TAKENS WHAT IS CHAOS THEORY? * CHAOS THEORY IS BASED ON THE OBSERVATION THAT SIMPLE RULES WHEN ITERATED CAN GIVE RISE TO APPARENTLY COMPLEX BEHAVIOR. * EG. LET US CONSIDER X0 RULE X1 X2 RULE | | | | X1 XN RULE X N+1 THE BASIC OBSERVATION IS ; IF IN THE IMPLEMENTATION OF THE ABOVE RULE X 0 IS CHANGED BY A SMALL AMOUNT, THE RESULTING SEQUENCE WILL BE VERY DIFFERENT. AFTER SOME ITERATIONS MATHEMATICIANS HAVE STILL NOT AGREED ON A DEFINITION OF CHAOS THAT IS ACCEPTABLE TO ALL HOW EVER AN OPERATIONAL (MEANING ONE THAT CAPTURES MOST ESSENTIAL FEATURES) DEFINITION OF A CHAOTIC SYSTEM IS ; 1) THE SOLUTION MUST BE APERIODIC 2) THE SOLUTION MUST BE BOUNDED 3) THE SOLUTION MUST BE EXPONENTIALLY SENSITIVE TO INITIAL CONDITIONS THE RULE THAT GOVERNS A CHAOTIC SYSTEM MUST SATISFY CERTAIN PROPERTIES 1) THE RULE MUST BE NONLINEAR 2) IN THE...

Words: 1747 - Pages: 7

Chaos Report

...Chaos Report The Standish Group is a widely known source of independent primary research and analysis of IT project performance. In 1995, the Standish Group published the CHAOS Report, an often-quoted analysis that focuses on the failure of IT projects to better improve overall IT project performance. The CHAOS Report had documented monetary loss on software developments for unsuccessful projects. The Standish Group comprised such data using focus groups, in depth surveys and executive interviews discussing project performance of completed IT projects. The CHAOS Report provides data on the failure rate of IT projects and also details common explanations for such failure. The authors of the CHAOS Report describe the advantageous process of building bridges to accentuate the lack thereof in software development; Alfred Spector had used such a comparison originally in his article, a computer science perspective of bridge design. The concept is that an error, which resulted in the collapse in a bridge, can be so great in its severity that investigations were subsequently done, allowing those involved in the building process to learn from their mistakes. Differentially, the computer industry allegedly covers up, ignores and/or rationalizes the errors or shortcomings that led up to the failure. The Standish Group contends that project failures will decrease if the following is focused on following a project failure: the scope of software project failure, main factors that......

Words: 1523 - Pages: 7

Bordering on Chaos

...BORDERING ON CHAOS The book "Bordering on Chaos" tells an important stage in the history of Mexico. Everything happened just as Mexico enjoyed great success for growth and economic development in1994 when was recently signed the North American Free Trade Agreement and the president Salinas enjoyed and celebrated the economic growth of the country. The Mexicans had finally found a leader in which they could trust. Foreign investment in Mexico had grown by 98 Percent in 1993 and the streets were full of Mexican foreign brands and stores, such as Mcdonals, Dominos pizza, Pizza hut outlets,etc.. Mexico was about to be accepted as a full member of the OECD, the Organization for Economic Co-operation and Development. The whole world was surprised by the rapid growth of Mexico and its citizens were proud of it. “Polls showed that Mexican people were more optimistic about the future than they had been in years”(12).Everything seemed too good to be true, until this happiness and celebration did not last long for Mexican people. Just when everything was going perfectly well, one night in1994 when the president Carlos Salinas de Gortari was celebrating the New year with his family and friends, it was reported that there had just been a guerrilla uprising in the southern state of Chiapas remote, “More than two thousand Mayan Indians, carrying everything from machetes to AK47 riffles, had taken the city of St Cristobal de las Casas shortly after midnight and were reported to have also......

Words: 1514 - Pages: 7

Divorce Chaos

...Divorce Chaos Rebecca H. Fischer, Esq. Howard Chusid, Ed.D, NCC, LMHC The scenario is one that is known to many. Your spouse and you are continually arguing. You can’t agree on anything. Everything, be it little or large, becomes an argument. The children hear it, your friends hear it in your voice, and your parents hear it in your interactions with them. You decide to visit a counselor, together and individually, but it doesn’t help. You still are not getting along and are left with few options. So, your friends tell you of a great attorney who has done great for many. You visit with the attorney and are told that you need a $5000 retainer but you have no idea where that is going to come from. The attorney also tells you that the cost for the divorce will be in the $50,000 – $80,000 range by the time you get through. You don’t have that kind of money to throw away on attorneys’ fees. If you are feeling this way, there is a high probability your spouse is feeling the exact same way. The exclusion of happiness is always felt by both partners. Problems and irritations are not just a unitary function of a marriage; both partners experience it, usually at the same time. Moreover, we should not forget the kids because they always know what is going on. There are three models of way to get through a divorce: the litigated model, collaborative model and the mediation option. The last two are similar in ideology but are different in approach. The litigated model is the one......

Words: 895 - Pages: 4

Chaos and Fractals

...Chaos and Fractals Chaos is a fairly new science. The definition of chaos is complete confusion and disorder, but more generalized to everyday speech it means a random pattern that can occur. (Mirriam - Webster) For scientist this can be a good thing. Henry Adams is quoted as saying "Chaos often breeds life as order breeds habit." (STSCI) Fractals simply put, is a repeat design that as you zoom in is repeated indefinitely. Above is the Sierpenski Triangle, as you zoom in you see three more of the triangle, and in each of those is three more triangle, and as you zoom in you see three more triangles. I imagine that on a big enough scale, or with a strong enough computer there is no end to the number of triangles you can put in the Sierpenski Triangle. (STSCI) If you break a straight line into an equal number N than the equation to describe those parts would be r=1/N(1/d) In the case of the Sierpenski Triangle, a self repeating object, the equation is D = log (N) / log (1/r) (STSCI) The Koch Snowflake is designed by: * divide a line segment into three equal parts * remove the middle segment (= 1/3 of the original line segment) * replace the middle segment with two segments of the same length (= 1/3 the original line segment) such that they all connect (i.e. 3 connecting segments of length 1/3 become 4 connecting segments of length 1/3.) The top row of shapes is the pattern to make the snowflake with a triangle, the bottom shape is a blowup of the......

Words: 377 - Pages: 2

Caribbean Festivals

...Caribbean Festivals at Home and Abroad Concept of Carnival/Festival Carnival brings about a "second world condition" so that when carnival comes around, another world is created and people go into that world. Notion of carnival as one of “the decentralising forces that militate against official power and ideology. Carnival as the interruption of dominant discourses “to surrender the critical and cultural tools to the dominant class and in this sense, carnival can be seen above all else as a site of urgency.” Mikhail Bakhtin in Rabelais and His World- Uses the term in reference to carnivals of the Middle Ages and Renaissance. Bakhtin one of the key theorists on carnivals. Bakhtin-Carnivals allowed people mostly from the under class to rebel momentarily against social conventions and the class and financial hierarchies that structured society. Bakhtin- Carnival in medieval times offered a “second world and a second life.” Play, mockery, inversion, laughter and profanity all elements in Bakhtin's canival. Bakhtin-Carnival underlined is not a spectacle seen by the people; they live in it and everyone participate because its very idea embraces all the people...It has a universal spirit; it is a special condition of the entire world, of the world's revival and renewal in which all take part.” Bakhtin's views on Carnival have led to many theorists using Bakhtin's views to discuss carnival. Robert Stam- Carnivals can be politically ambiguous affairs that can be egalitarian and......

Words: 5757 - Pages: 24

A Constitutional Chaos

...A Constitutional chaos. On September 17th, 1787, The Constitution of the United states of America was signed by the delegates on the conclusion of the Constitutional Convention in Philadelphia. Weeks later after many arguments between the same delegates about other rights of American citizens, the Bill of Rights was written to solidify all of the basic individual freedoms of the people. It was on this document that several laws were written and many great freedoms given. But because these amendments didn't give a specific definition of these freedoms and rights problems ranging from wars being fought because of conflicting ideals in people to poor moral choices being unjustified because there is no line drawn to decide how far things will go; and the vague rules that allow and cause these things to happen need to rewritten . To learn where it all this mess starts is easy; it starts almost immediately after the signing of the Constitution. The document states that there will be freedom of speech, assembly, the right to bear arms, and other freedoms. The cause of one of the first issues that plagued America was not whether the rules are fair and good or not, but who the rules and freedoms are meant for. This was cause of the continuation of slavery in America even after men were supposed to be free because the Bill of rights did not state that a man, either black or white or red or green, has these freedoms. It just simply says that the citizens of America have these......

Words: 1250 - Pages: 5

Chaos and Fractals

...Chaos and Fractals What is a Fractal A fractal is a never ending pattern. Fractals are never ending complex patterns that are self-similar across different scales. They are created by by being repeated over and over in a feedback loop. Fractals are everywhere. They can be found in nature, algebra, and math. Nature Algebra Geometry Mandelbrot Set This was created in 1980 shortly after the first personal computer in order to calculate numbers thousands and sometimes millions of times. Equation (old)Z=(new)Z2+C We start by plugging a value for the variable C into the simple equation below. Each complex number is actually a point in a 2-dimensional plane. The equation gives an answer, Znew . We plug this back into the equation, as Zold and calculate it again. We are interested in what happens for different starting values of C. When you square a number it gets bigger. Then you square the answer and it get even bigger.. Eventually, it goes to infinity. This is the fate of most starting values of C. Some values of C do not get bigger, but get smaller, or alternate between a set of fixed values. These are the points inside the Mandelbrot Set, which we color black. Outside the Set, all the values of C cause the equation to go to infinity, and the colors are proportional to the speed at which they expand. Ju Fractals in Nature Natural fractals can be found anywhere in nature. Even in our body. It can be the blood vessels in our arms, or...

Words: 286 - Pages: 2

Caribbean

...1.2. TRENDS AND PATTERNS OF MIGRATION TO AND FROM CARIBBEAN COUNTRIES Elizabeth Thomas-Hope[1] INTRODUCTION Migration has become deeply embedded in the psyche of Caribbean peoples over the past century and a half. It has evolved as the main avenue for upward mobility through the accumulation of capital – financial and social. Thus the propensity for migration is high and there is a general responsiveness to the opportunities for moving whenever they occur. At times these opportunities have come from within the region itself or the wider circum-Caribbean region, as in the late nineteenth and early twentieth centuries; in more recent times from North America and Europe. The migration dynamic reflects the interplay of international, national and highly personal circumstances. Global changes affect the international economic order and the division of labour and, as a consequence, legislative controls and inducements to the movement of labour across selective national borders. At the national level, economic, social, demographic and political factors influence the variable access of people to economic rewards and social opportunities. But migration is not a passive reaction to internal ‘pushes’ and external ‘pulls’. Within this wider international and national context, migration is part of a dynamic set of negotiations at all levels. For whether ‘free’ movement or refugee, there is a selective process that operates at the interface of the needs......

Words: 9235 - Pages: 37

Amerindians in the Caribbean

...Trecy I. Spencer Dr. Tara Innis FOUN 1101 6 March 2015 All over the Caribbean, the Amerindians have left a rich legacy Forty generations before the arrival of the Columbus, the Caribbean was inhabited by an indigenous people referred to as Amerindians. They were divided into two main groups, the Arawaks (Taino) and the Carib (Kalinago). They had a rich culture and thriving society the evidence of which can be seen all over the Caribbean today. The Arawaks came to the Caribbean from the Orinoco region to Trinidad then spread through the Caribbean. They were of average height, well-shaped and slightly built. They generally wore no clothes except for the married ladies who wore a cotton loin cloth (nagua). It was a common custom for them to do body printing, they would paint their faces, eyes and noses. They wore embellishments made of gold, or an alloy of gold and copper (guanine) in their noses. Tainos, as they called themselves, had organized societies where they lived in villages, carved wood, made pottery, wove cotton and practised religion based on respect for nature and their ancestors which was directed by priests or shamans. They hunted, fished and also planted crops especially cassava in amounts which were adequate for their families. Various types of fish, shellfish, turtle and manatee were consumed. These were captured with nets, hooks made of bones and harpoons; the turtles were caught with a remora (sucker fish). Small animals like the agouti, utia and......

Words: 880 - Pages: 4

Caribbean Studies

...Topic: Treats faced by coral reefs in the Caribbean. In the Caribbean, the natural structures of the coral reefs are faced with many severe dangers which are caused naturally and by human activities. Coral reefs however, are living communities. Coral polyps are tiny marine creatures that secrete a calcium carbonate or limestone shell around their bodies, which remains when they die. The long shells become cemented together to form the physical structure of the reef on top of which the live Coral polyps grow. The coral reefs are significantly beneficial to the Caribbean region, thus, certain strict measures should be implemented to minimize or reduce the dangers posed to the coral reefs. The coral reef structure provides protection to plant and aquatic life. Waves break on the reef ensuring that a calm lagoon or stretch of sea occurs between the reef and the coastline. Coral reefs are therefore, ecosystems that support an immense variety of life and also have great potential to produce new medicine for mankind. The coral reef is important to the Caribbean regions with regards to the tourism industry. Thus, these reefs should be protected from human threats. First of all, Caribbean countries can immediately create marine reserves which are places in the ocean that are completely protected from uses that remove animals and plants or alter their habitats. These reserves are off limits to fishing activities because destructive fishing methods physically destroy the reef when......

Words: 1008 - Pages: 5

Chaos and Mayhem

...Mayhem- Danielle Hamilton Chaos- Melissa Mayhem’s Victim- Crystal Chaos’ Victim- Whitney K. Hass & May Hemm, Attys. At Law Commercial Mayhem- I’m the face of your ex-boyfriend’s new girlfriend that you just can’t stop thinking about and the more you drink that tequila the harder it is to forget me. But go ahead, try one more. Maybe I’ll go away then. (Crystal is sitting at a table obviously intoxicated looking sad and mad crying and so on.) Chaos- O my god! Don’t you just love me! I’m the new ipod and wow I love this song too! Let’s get jiggy with it! Oh no! What’s happening? I’m stuck. I’m stuck. I’m stuck. (Whitney is pretending to drive jamming on her ipod when something goes wrong causing her to take her eyes off the road and focus on her device) At the same time Crystal gets up to leave and drive home. Swaying as she walks she says: Crystal- “I’m fine…I’mmmm fine I shay….” (While driving Whitney knocks over a street sign for a one way road but she is too focused on her ipod to even notice) Chaos- Weeeeeeee!!!! Allright! Let’s get the jams going again!!!! Now in her car Crystal is driving and attempting to watch the road. Mayhem- I’m still here. And the longer you focus on me instead of the road with your double vision glasses on the madder you become… and forget where to turn. Yup, this looks good. (Crystal turns onto the one way road and runs into the pole)...

Words: 273 - Pages: 2