A Short Essay For A Intro To Bussiness Class Essays - Stock Market

A Short Essay For A Intro To Bussiness Class Essays - Stock Market A Short Essay for a Intro to Bussiness Class In the October 14th issue of Businessweek there is an article entitled "Cavwat Entrepreneur" by Michelael Schroeder. This artical details how modern day stock fraud scams are committed and it details one such example. In brief, the conmen target a small, non-public company that has the prospects of growth. They promise its managers finanial assistance by merging it with a public company in financial trouble, getting the public listing with minimal disclosure. The conmen pump in money, aquiring ventures, while taking control by placing cohorts on the board of directors. They then do a reverse stock split to boast the stock price and reduce the number of shares (in the example the number of shares outstanding dropped from 10 million to about 500,000, which caused the stock's price to rise from 34 cents a share to nearly $7.00 a share). Then the board of directors quietly issued millions of additional shares, which they and the conmen snapped up, registering the shares through SEC loopholes. Next they get brokers to push customers to buy the stock, which increases the stock's price. When the stock price is high enough, the hustlers then unload their shares, employing off-shore accounts to hide the profits. What makes this type of stock fraud often go undetected is the fact that the conmen work through leditmate companies and not some sham organization. By the time anyone figures out that a crime has been committed, the conmen have their money in off-shore accounts. This is a good case of what happens when there are no checks on busunessmen. All the stake-holders in the company that was used by the conmen lose, because once it is made known what has happened, the stock becomes worthless, and a successful up and coming company is destroyed by such a stock scam. Personally, I believe that steps should be taken to tighten up the regulations in such mergers, so that these sorts of stock frauds can be stopped. Changing the minimal disclosure reguirements, and corking the SEC loopholes would be the best steps to take to correct this problem.

Free Online Public Schools for Florida Students K-12

Free Online Public Schools for Florida Students K-12 Florida offers resident students the opportunity to take online public school courses for free. Below is a list of no-cost online schools currently serving elementary and high school students in Florida. In order to qualify for the list, schools must meet the following qualifications: classes must be available completely online, they must offer services to state residents, and they must be funded by the government. Virtual schools listed may be charter schools, state-wide public programs, or private programs that receive government funding. List of Florida Online Charter Schools and Online Public Schools Florida Connections AcademyFlorida Virtual School Florida Cyber Charter Academy About Online Charter Schools and Online Public Schools Many states now offer tuition-free online schools for resident students under a certain age (often 21). Most virtual schools are charter schools; they receive government funding and are run by a private organization. Online charter schools are subject to fewer restrictions than traditional schools. However, they are reviewed regularly and must continue to meet state standards. Some states also offer their own online public schools. These virtual programs generally operate from a state office or a school district. State-wide public school programs vary. Some online public schools offer a limited number of remedial or advanced courses not available in brick-and-mortar public school campuses. Others offer full online diploma programs. A few states choose to fund â€Å"seats† for students in private online schools. The number of available seats may be limited and students are usually asked to apply through their public school guidance counselor. Choosing a Florida Online Public School When choosing an online public school, look for an established program that is regionally accredited and has a track record of success. Be wary of new schools that are disorganized, are unaccredited, or have been the subject of public scrutiny. For more suggestions on evaluating virtual schools see how to choose an online high school.