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Facts and Fictions in the Securities Industry

By: Sam Vaknin

... Need for know-how, technological transfer and licensing required; • Suppliers of equipment, software, services (including offers); • Manpower (... ... of such arrears and overdue payments. 5. To collaborate with legal institutions, law enforcement agencies and private collection firms in assuri... ...uch arrears and overdue payments. 5. To collaborate with legal institutions, law enforcement agencies and private collection firms in assuring th... ...lement it. He is, therefore, put in charge of: 1. The selection of infrastructure, equipment, raw materials, industrial processes, etc.; 2. Negoti... ...e to the authorities - the tax administration, bank supervision, deposit insurance, law enforcement agencies, and securities and exchange commissio... ...the authorities - the tax administration, bank supervision, deposit insurance, law enforcement agencies, and securities and exchange commission. Th... .... Its board of directors has full authority to run the agency. The board obeys the law, not political masters. The FDIC has a preemptive role. It r... ...e Commission (SEC). The reason? As the New York Times put it: "criticism that his enforcement was too heavy-handed". President Bush chose Californ... ...ctor in a successful choice between investments. Let us take a surprising example: equipment differs in its flexibility - some equipment can be dea...

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Capitalistic Musings

By: Sam Vaknin

...nce XXXVII. The Lessons of Transition XXXVIII. The Morality of Child Labor XXXIX. Law and Technology XL. The Author Economics - Psychology's Neg... ...dministered by some supreme, transcendental principle is restored. This sense of "law and order" is further enhanced when the theory yields predic... ...ons which come true, either because they are self-fulfilling or because some real "law", or pattern, has emerged. Alas, this happens rarely. As "Th... ...ns successfully. A single person, working from home, with less than $2000 worth of equipment - can publish a Webzine, author software, write music,... ...existence and continuous operation of institutions - financial intermediaries, law enforcement agencies, courts. It is important to note that marke... ...ned only rationally. But this is unconvincing without the existence of an Hobesian enforcement mechanism (a state is the most common one). Players ... ...orates all the physically possible moves of all the players. An outside agency with enforcement powers (the state, the police, the courts, the law) ... ...instruction-givers? Take a mountain climber – should a robot refuse to hand him his equipment lest he falls off the mountain in an unsuccessful bid ...

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Cyclopedia of Economics

By: Sam Vaknin

... In some countries, the obligation to save life is legally codified. But while the law of the land may create a LEGAL right and corresponding LEGAL... ...d, if so (b) in which circumstances – can be easily settled using modern contract law. Yes, a contract can be annulled and voided if signed under ... ... Why is there a debate regarding this question? "Thou shalt not kill" is a natural law, it appears in virtually every legal system. It is easily an... ...g an antitrust case, usually notifies another member country whenever an antitrust enforcement action may affect important interests of that countr... ...he legal and political obstacles which faced its extraterritorial prosecutions and enforcement. The agreements require one party to notify the othe... ...t. This fine (and blurred) distinction is too often lost on decision makers and law enforcement agencies. ERADICATING CORRUPTION An effective prog... ... that goes largely unnoticed: personal publishing. Today, anyone, using very basic equipment can publish and unleash his work upon tens of millions... ... cooking to hiking - can now be indulged at home with pro-am (professional-amateur) equipment. We may become self-sufficient as far as functions we ... ...and somewhat random) selection of previous explorations and research. He even uses equipment – to measure and perform other functions – that was in...

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