Profile of John E. DuPont

John E. du Pont was a sports wannabe who inherited millions and bought status into the sporting world that his own physical capabilities could have never achieved. Olympic champion David Schultz, in need of financial sponsoring, lived at du Ponts wrestling camp, a decision that ultimately cost him his life. DuPonts Fortune John E. du Pont, great-grandson of E.I. du Pont, is the heir to the du Pont fortune that was worth over $200 million. After the death of his mother in August 1988, he turned his 800-acre estate in Delaware County, Pennsylvania into a wrestling camp for professional wrestlers. du Pont was also the main benefactor of amateur wrestling in the United States during that time. Paranoid Visions People who spent time around du Pont described his behavior as bizarre. Throughout the years he changed from being odd to increasingly unstable. du Pont was hallucinating that the trees on his property were moving around. He also razor wired his attic because he thought people were going to break in and kill him. His ex-wife complained that during their short marriage from 1982 to 1985, du Pont accused her of being a spy and pointed guns to her head. David Schultz David Schultz was an Olympic champion wrestler who was living on the du Pont property. On January 6, 1996, John du Pont shot several bullets into Schultz, killing him. Reasons for his actions are still unknown. The Stand Off After du Pont killed Schultz he barricaded himself inside his massive mansion. Police negotiated with the 56-year-old du Pont for two days. On the second day, the temperature was extremely cold so the police disabled the homes heating. du Pont exited his home to investigate what was wrong with his heater and the police were able to overcome him and take him into custody, charging him with murder. DuPonts Trial During du Ponts trial, it was determined that he was mentally ill. He was found guilty of third-degree murder and sentenced to up to 30 years in prison or a mental institution; whichever best fits his mental state until he completes his sentence. He was also required to reimburse Delaware $742,107 for trial costs. Personal Information: Born - 1938Birthplace - FranceGender - MaleReligion - UnknownEthnicity - White Criminal Record: 1988 - Sexual Harassment - Lawsuit filed by Andre Metzger.Feb. 26, 1997 - Assault - Pointing his gun at a security consultant.Feb. 26, 1997 - Murder - Shot and killed Olympic wrestler David Schultz.

Donatellos David Essay - 1427 Words

Donatellos David Donatello was one of the most important and influential artists of the fifteenth century. As a master artist, he sculpted some of the most beautiful pieces of the Italian Renaissance. His innovations impacted many artists of his time, and set the standard for centuries of sculptors to follow. Donatello’s style is clearly defined and easily recognized in nearly all of his pieces. An exception is the bronze, David, dated 1425-1430. David strays from the traditional style of Donatello with reference to style, form, and medium. Historians speculate on the reasons for this breakthrough with regards to Donatello’s philosophies and life experiences, questioning his brief return to the classical style, as well as the†¦show more content†¦His arms are slightly long for his body, and the muscles not as developed as those of a man. His waist is small, and the form of his ribs is sculpted enough to know that he is lacking muscle definition. His stomach seems to po p out a little bit, perhaps suggesting the baby fat that he has yet to work off. He has one hand resting limply on his hip, while his other rests on a sword handle. His hair is shoulder length and slightly untamed, while a hat rests slightly tilted atop his head. His head is tilted slightly downward, and a slight upward bend in his lip looks almost like a building smile. One leg is straight, supporting his weight, while the other is propped on the head of the slain Goliath. The bends of his limbs are very natural, and the attention to detail exemplifies Donatello’s understanding of human anatomy. A closer look at the sculpture, however, reveals the details that set it apart from other works of the master. Donatello, considered a master of the nude, cared little to produce them in his sculptures. David, an exception to his previous work, would be completely naked if not for his boots and hat. A hint of romantic charm lies in the figure’s hat. A broad brim garlanded with bay leaves, the hat throws David’s face into a deep shadow and seems to suggest the simple life of a shepherd. The whole pose of David is inert, tame and non-threatening, despite the severed head beneathShow MoreRelatedAnalysis Of Donatello s David Of The Same Boy1414 Words   |  6 PagesThe story of the young shepherd boy named David, who defeated the warrior giant Goliath, with nothing more than his slingshot has become a symbol of how man, or in this case a boy, can achieve anything with faith and a great deal of will power. Here we compare two statues of the same boy, each telling a different part of David’s story. One depicts the boy moments after the battle and the other depicts David d uring pivotal moment of his life. Although both statutes have many features in common, thereRead MoreDavid, Michelangelo and Donatello.1001 Words   |  5 PagesDuring the renaissance Michelangelo had created many magnificent pieces of art, one of which is the most well-known pieces among the world; the sculpture of David. The Michelangelo sculpture of David wasn’t the only one created during its time, for Donatello had created one some years before hand. Among the two sculptures, Michelangelo’s has a more profound, fascinating, and exceptional quality to it that contributed greatly to the Renaissance. The High Renaissance was a period denotingRead MoreDavid by Donatello and Michelangelo1199 Words   |  5 PagesDavid by Donatello and Michelangelo When thinking about a triumph over an unimaginable feat, the story of David and Goliath comes to mind. 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The perfection of Da vid by Michelangelo creates a similar allusion to humanism and classicalRead More Donatello Essay example1380 Words   |  6 PagesDonatello Donatello’s real name is Donato di Niccolo di Betto Bardi (1386-1466). Donatello was a master of sculpture in bronze and marble and was one of the greatest Italian Renaissance artists of his time. A lot is known about his life and career but little is known about his character and personality. He never married and seems to be a man of simple tastes. Patrons often found him hard to deal with and he demanded a lot of artistic freedom. The inscriptions and signatures on his works areRead MoreComparsion of Three Renaissance Paintings and Sculptures Essay1210 Words   |  5 PagesAnother big part of the Renaissance was the sculpting aspect for artists. The most known sculpture was called David and from 1440-1623 there were four different artists who sculpted the same figure, but you can see how much of a difference there is between the sculptures and you can see with time the sculptures got better and more detailed. The first sculpture was of David was done by Donatello. His was a bronze statue that stood in the courtyard of the house of the Medicis. This statue was the firstRead MoreThe Second Set of Doors at the Baptistery1277 Words   |  6 Pagespanels arranged in seven rows of four. Both the guilds commissioning the work of art and the artists completing it understood the importance of assistants. By the year of 1407 Ghiberti had employed over twenty-five assistants, including Donatello and Michelozzo. These assistant artists were closely supervised by Ghiberti, often times completing the simpler tasks and leaving the ornate work to the master artist. Ghiberti would say that the art was done by his hand, this meant that the workRead MoreThe Radical Change During The Renaissance Of A Young Boy With Unconvincing Looks As A Hero1566 Words   |  7 Pagesa giant? The story of David and Goliath was very prevalent at the time, and during this period in history, it was commissioned by Cosimo de’ Medici to represent the city of Florence. Florence wanted to show this representation of David through his strength, courage, and youthful confidence in its city. So, dating back to the 1440s, David was a prominent aspect of Renaissance art. The radical change du ring the Renaissance led artists to alter the original composition of David. Some could agree thatRead MoreEssay Comparing the Three Statues of David 955 Words   |  4 PagesComparing the Three Statues of David The pieces of art I will be comparing and contrasting are the three statues of David, by Donatello (Donato di Niccolà ² di Betto Bardi), Michelangelo (Michelangelo di Lodovico Buonarroti Simoni), and Bernini (Gian Lorenzo Bernini). The statues are modeled after the biblical David, who was destined to become the second king of Israel. Also most famously known as the slayer of the Philistine giant Goliath with a stone and a sling. The sculptures are all basedRead More David Essay916 Words   |  4 Pages David, who was destined to be the second king of Israel, destroyed the Philistine giant Goliath with stone and a sling. Donatello, Verrocchio, Michelangelo, and Bernini each designed a sculpture of David. However, the sculptures are drastically different from one another. Each one is unique in its own certain way. Donatello, whose David was the first life-size nude statue since Classical times, struck a balance between Classicism and the realism by presenting a very real image of an Italian peasant

Authoritarianism of Taiwanese Government Free Essays

According to Thomas Gold Taiwan offers a text book case of an elite-led revolution leading to social transformation. The stability of hard authoritarianism of the Taiwanese government laid the groundwork for Taiwanese development. The KMT’s cohesiveness and political domination plus the economic development aid supplied by the United States also helped to provide good conditions for Taiwanese growth in the beginning. We will write a custom essay sample on Authoritarianism of Taiwanese Government or any similar topic only for you Order Now Once the KMT gained control of Taiwan they redistributed the land and launched a program of rehabilitation and industrialization. This period was responsible for the nationalization of many businesses formerly owned by the Japanese and the start of industrial production in Taiwan marked by a shift away from agriculture to industry. During the early period of industrialization Taiwan tried to create domestic markets for its goods. During the period from 1960 to 1973 Taiwan pursued export expansion in the area of industrial goods. During this period U. S. aid directed at Taiwan declined as did the islands geopolitical significance. To make up for this decline Taiwan focused on increasing its exports. The rowth of the Taiwanese economy during this period according to Gold laid the ground work for the growth of opposition movements and loosening of the KMT†S grip on power. According to Gold this was because the changes in the Taiwanese economy brought about a middle class, a better educated populace, and a dispersion of industry through out the country. The Period from 1973 to 1984 Gold calls the time of industrial upgrading and the emergence of a political opposition. During this period Taiwan faced the oil shock, and increase in export prices due to a labor shortage that doubled workers alaries, a further loss of geopolitical prestige, and the growth of dissent and political opposition. Taiwan industrially during this time improved the quality and quantity of its exports. The Taiwan industrial model was that of a elite run bureaucracy that tightly controlled its nations citizenry in authoritarian ways. This authoritarian government was able to effectively channel the energies of Taiwan toward modernization. This authoritarian government became a victim of its own success because as living and education standards rose the citizenry demanded a shift Taiwan is not a very good industrialization model for other countries to use outside of East Asia. This is because many of the factors that allowed Taiwanese industrialization were unique to Taiwan. First, Taiwan was colonized before 1950 by a developmentalist power, Japan to which is had close ties even after 1950. Second, Taiwan was the recipient of financial aid during its critical early years because of a inter-core competition for hegemony between China and the United States. Third, Taiwan benefited by having a implacable foe with a very different vision of development. Fourth, Taiwan was given breathing space following 1949, this enabled Taiwan to revive production and consolidate power without foreign powers interfering. All these factor make Taiwan unique from other nations that would try to copy it. One of the elements that nations should not copy from the Taiwan Model according to Gold is Taiwan’s harsh authoritarian government which was much too strictly authoritarian and had a hard time changing as the attitudes of the Taiwanese people changed. (Gold’s book was published years before the 1996 democratic elections n Taiwan) But Gold does say that Taiwan’s development model does have some lessons that could be copied in other nations seeking to industrialize. These are a official commitment to development, land redistribution, fostering of agriculture, creation of extra-ministerial ministries to guide development, strategic credit allocation, collection and efficient management of data concerning the economy, investment in infrastructure and human capital, and proper allocation of foreign assistance. Taiwan’s development model was a combination of an orwellian state and effective ways of industrializing. How to cite Authoritarianism of Taiwanese Government, Essay examples

Uncoupling Direct and Indirect Plant †Free Samples to Students

Question: Discuss about the Uncoupling Direct and Indirect Plant. Answer: Introduction: In this case study, Troy Dexter is the founder and has established hedge fund for the purpose of investing activities. Northwest Capital Management is the name of hedge fund that has been established by Troy Dexter. Main activity or purpose of hedge fund is to invest funds in different or diversified securities. Investment in different types of financial assets to earn maximum profit is the objective of hedge fund established by Troy Dexter (i.e. Northwest Capital Management). Aim of hedge fund is to earn profit from long term investments or macro investment strategy has been adopted by Troy Dexter. In the concept of hedge funds, Troy Dexter is making investment for personal purpose and there are few members whose funds are invested in the overall fund (Aslan Kumar, 2016). For the purpose of investment decisions, Troy Dexter predicts that Australian housing marketing that is presently doing well or having boom in it will slow down. Strong growth seen in housing sector will comes to a send in near future. On the other hand, Troy Dexter believes that oil prices will increase or escalate. Therefore more investments are required to be made in oil or energy industry. For this purpose, Troy Dexter is currently buying treasury bonds in debt market and energy stock in share market. Direct securities are those securities which are issues and allotted in the name of applicant only. Direct securities can be defined as the direct investment made by investor in any form of market and are available for sell or purchase. Direct form of securities is transacted in the name of owner (Campbell , 2009). In case of direct securities, investors who are willing to purchase securities in want of some return or financial consideration in the form of return on investment will participate in the transaction. Direct securities are traded in financial market or are connected with financial market. In case of direct market or securities, Borrower Company issues shares or other instruments in the financial market and then those shares or instruments were bought by investors. There are two types of securities i.e. direct securities and indirect securities. Direct securities are those securities which are large in term of denomination but are traded in small no of quantities or in sma ll volume (Cavusoglu et al., 2015). Maturity period of direct securities are usually longer i.e. these are traded in longer period as compared to indirect securities. On the other hand, indirect securities can be defined as the securities which are issued by banks or secondary organizations or fund management companies are secondary securities for investors. It can be analyzed that, indirect securities has indirect impact and gain or loss transfer system with the fund management companies or other financial intermediaries (Oba, 2014). It shall be noted that indirect securities are not allotted directly to the investors but investors are required to apply for the securities. Secondary securities are smaller in denomination and are traded in huge volume or trading at large level. Maturity level of indirect securities is always shorter i.e. indirect securities traded in quick sessions. From the point of view of Northwest Capital Management, are treasury bonds and energy stocks are dire ct or indirect securities? Explain. In present case, Northwest Capital Management is the investment company that has accepted investments from individual investors. They also tends to invest from in house funds also in various investment options like shares, bonds, securities, etc. current they had invested in treasury bonds in the debt markets and energy stocks in the share market. These are those investments which involves in-house funds and of individual investors also (Olmo Sanso, 2012). Since Northwest Capital Management has invested directly in the debt market and equity market therefore these are direct securities for Northwest Capital Management. When any financial intermediaries invest funds in any sector or in investment opportunity, then this becomes direct investment or direct securities for financial intermediaries. On the other hand, these investments made by financial intermediaries become indirect securities or indirect investments for individual investors. In this case, there can be two prospective i.e. one from Northwest Capital Management prospective and one from individual investors prospective. Both prospective is different from each other in terms of securities i.e. direct and indirect securities. From the prospective of investor, investment made in different areas are indirect securities as they does not hold any direct link or contact with the investments made (Gounopoulos, Staikouras Zhao, 2013). On the other hand, in terms of Northwest Capital Management i.e. hedging investment fund has created direct securities as all risk and rewards related to investment will be first received by Northwest Capital Management and then it will be spread over individuals investors according to size of their investment. Therefore in this case, from the point of view of Northwest Capital Management, are treasury bonds and energy stocks are direct securities. Indirect transfer of securities using financial intermediaries i.e. other than banks has some procedure to be followed. When any investor, invests any amount sin any securities through or with the help of financial intermediaries then that process is leading towards indirect security creation. Distinct from direct securities or direct channel of investment, there are some channels or financial intermediaries or financial institution (except from banks) which are formed or registered to provide services to prospective investors in terms of investment. These financial intermediaries include co-operative societies, insurance companies, investment companies, investment funds, etc created to mobilize funds of individual investors in to financial market as collective investment (Stenberg Bjorkman, 2010). This type of financial intermediaries collects funds from individual investors, create pool of funds and then invest these funds into diversified sectors and in different securities. Logi c or objective behind creation of these funds or companies is to achieve profit from diversified investment strategy for large no of investors. Since single investor, cannot create pool of funds to invest in different sectors, in order to hedge losses of one investment from other investment. In present case of Northwest Capital Management, Northwest Capital Management is the fund management or investment company engaged in collecting or seeking funds from individual investors for the purpose of investing in different securities or investment opportunities. Services is provided by Northwest Capital Management to its investors in terms of investment is the direct holding of securities (Strachman, 2012). As investors has invested directly in the Northwest Capital Management and nothing to do with financial market and investment decisions. All the decisions of investment will be taken by the Northwest Capital Management and but risk and rewards as specified in the contract between inventor and Northwest Capital Management will be transferred. It shall be noted here that there is creation of direct securities between investor and Northwest Capital Management. But there are direct securities between investors and actual investment sectors or options. Northwest Capital Management has acted intermediaries between investments made and funds investors by investors. At the time of investment, investors in Northwest Capital Management or in the pool created by Northwest Capital Management for the investment, Northwest Capital Management has issued receipt of amount invested. Therefore particular investor has direct securities created from the prospective of investors. Making Norwich Tools lathe investment decision Year Cash flows Cumulative Cash flows Cumulative PV Factor PV of Lathe A PV of Lathe B 0 $ (660,000) $ (660,000) $ (360,000) $ (360,000) 1 $ (660,000) $ (360,000) 1 $ 128,000 $ (532,000) $ 88,000 $ (272,000) 0.885 $ 113,280 $ 77,880 2 $ 182,000 $ (350,000) $ 120,000 $ (152,000) 0.783 $ 142,506 $ 93,960 3 $ 166,000 $ (184,000) $ 96,000 $ (56,000) 0.694 $ 115,204 $ 66,624 4 $ 168,000 $ (16,000) $ 86,000 $ 30,000 0.613 $ 102,984 $ 52,718 5 $ 450,000 $ 434,000 $ 207,000 $ 237,000 0.543 $ 244,350 $ 112,401 NPV $ 58,324 $ 43,583 Payback period Lathe A = 4 years + ($ 16,000 / $ 450,000) = 4.35 years Lathe B = 3 years + ($ 56,000 / $ 86,000) = 3.65 years Analysis: Payback period can be defined as the period, which is used for the purpose of calculating period of time. This calculated period denotes, recovery period of cash outflows in the form of cash inflows of the capital project. Lower payback period denotes efficiency in capital project as compared to higher payback period (Sirinanda et al., 2015). Payback period is the measure of liquidity of the project i.e. how quickie capital project can generate funds and recover initial investment for management of the business organization. In case of Norwich Tool, they had undertaken two capital projects lathe A and lathe B and management required payback period to be 4 years or less (Wang et al., 2015). On the basis of management requirement of desired payback period, capital project of lathe B shall be selected since it has lower payback period as compared to lathe A. Lathe Bs payback period also covers management requirement of 4 years or less payback period. Assuming equal risk, use the following sophisticated capital budgeting technique to assess the acceptability and relative ranking of each lathe. (1) Net present value (NPV) Lathe A = $ 718,324 $ 660,000 = $ 58,324 Lathe B = $ 403,583 - $ 360,000 = $ 43,583 Net present value method is one of the most commonly used and most effective capital budgeting method. Net present value method is used to calculate profitability in the capital project. NPV method uses the concept of time value of money i.e. adjustment to inflation rate or cost of capital is done in this method. This rate is known as discount rate or hurdle rate or cost of capital of project. Project having higher NPV shall be selected as that project will be more profitable as compared to other project under consideration (Leyman Vanhoucke, 2017). In case of Norwich Tool, lathe A is generating $ 58,324 NPV and lathe b generating $ 43,583 NPV. Therefore in such basis, capital project of lathe A shall be selected. Years Lathe A Lathe B PV Factor @ 20 % PV of Lathe A PV of Lathe B 0 $ (660,000) $ 360,000 1.000 $ (660,000) $ (360,000) 1 $ 128,000 $ 88,000 0.833 $ 106,624 $ 73,304 2 $ 182,000 $ 120,000 0.694 $ 126,308 $ 83,280 3 $ 166,000 $ 96,000 0.579 $ 96,114 $ 55,584 4 $ 168,000 $ 86,000 0.482 $ 80,976 $ 41,452 5 $ 450,000 $ 207,000 0.402 $ 180,900 $ 83,214 $ (69,078) $ (23,166) Indicate which lathe you would recommend, if either, if the firm has (1) Unlimited funds or When business organization has unlimited funds or financial resources with them, then in this situation, capital projects having higher NPV i.e. profitability shall be selected for investment. (2) Capital rationing Capital rationing in the situation which denotes limitation of financial resources or availability of funds with business organization. In this situation, ranks to capital projects will be provided to capital projects on the basis of NPV, IRR and profitability index (Shu, Zeithammer, Payne, 2016). Project having higher profitability index shall be selected for the investment (Bano et al, 2011). Following is the profitability index of both the projects: Profitability index = Present value of cash inflows / Present value of cash outflows Lathe A = $ 718,324 / $ 660,000 = 1.09 Lathe B = $ 403,583 / $ 360,000 = 1.12 Therefore on the basis of profitability index, lathe B capital project shall be accepted. References Aslan, Kumar. (2016). The product market effects of hedge fund activism. Journal of Financial Economics, 119(1), 226-248. Bano, R., Shah, H., Sharif, M., Akhtar, W. (2011). Profitability index and capital turn over in open house broiler farming: a case study of district Rawalpindi. Pakistan Journal of Agricultural Research, 24(1-4), Pakistan Journal of Agricultural Research, Dec 2011, Vol.24(1-4). Campbell , Jenny. (2009). Causation in securities class actions. University of New South Wales Law Journal, 32(3), 928-947. Cavusoglu, Huseyin, Cavusoglu, Hasan, Son, Jai-Yeol, Benbasat, Izak. (2015). Institutional pressures in security management: Direct and indirect influences on organizational investment in information security control resources. Information Management, 52(4), 385-400. Cuthbert, Magni. (2016). Measuring the inadequacy of IRR in PFI schemes using profitability index and AIRR.International Journal of Production Economics,179, 130-140. Gounopoulos, Molyneux, Staikouras, Wilson, Zhao. (2013). Exchange rate risk and the equity performance of financial intermediaries. International Review of Financial Analysis, 29, 271-282. Leyman, Vanhoucke. (2017). Capital- and resource-constrained project scheduling with net present value optimization. European Journal of Operational Research, 256(3), 757-776. Oba Efayena. (2014). Financial Intermediaries and Economic Growth: The Nigerian Evidence. Acta Universitatis Danubius : Oeconomica, 10(3), 125-135. O'Connor, M., Lewis, T., Dalton, G. (2013). Operational expenditure costs for wave energy projects and impacts on financial returns. Renewable Energy, 50, 1119-1131. Olmo, Sanso-Navarro. (2012). Forecasting the performance of hedge fund styles. Journal of Banking and Finance, 36(8), 2351-2365. Santandrea, Sironi, Grassi, Giorgino. (2017). Concentration risk and internal rate of return: Evidence from the infrastructure equity market. International Journal of Project Management, 35(3), 241-251. Shu, S., Zeithammer, R., Payne, J. (2016). Consumer Preferences for Annuity Attributes: Beyond Net Present Value. JMR, Journal of Marketing Research, 53(2), 240-262. Sirinanda, K., Brazil, G., Grossman, M., Rubinstein, P., Thomas, A. (2015). Maximizing the net present value of a Steiner tree. Journal of Global Optimization, 62(2), 391-407. Stenberg, Lehrman, Bjrkman. (2010). Uncoupling direct and indirect plant defences: Novel opportunities for improving crop security in willow plantations. Agriculture, Ecosystems and Environment, 139(4), 528-533. Strachman, D. (2012). The Fundamentals of Hedge Fund Management How to Successfully Launch and Operate a Hedge Fund (2nd ed., The Wiley Finance Series). New York: Wiley. Wang, Xiao-Qiong, Li, Xiao-Ping, Li, You-Rong, Wu, Chun-Mei. (2015). Payback period estimation and parameter optimization of subcritical organic Rankine cycle system for waste heat recovery. Energy, 88, 734-745.