As a former chair of the U.S. Federal Reserve once said, Rules cannot take the place of
Question:
As a former chair of the U.S. Federal Reserve once said, “Rules cannot take the place of character.” In two to three paragraphs, explain what you think he meant by this statement.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
When the former chair of the US Federal Reserve made the statement Rules cannot take the place of ch...View the full answer
Answered By
Ashish Bhalla
I have 12 years work experience as Professor for Accounting, Finance and Business related subjects also working as Online Tutor from last 8 years with highly decentralized organizations. I had obtained a B.Com, M.Com, MBA (Finance & Marketing). My research interest areas are Banking Problem & Investment Management. I am highly articulate and effective communicator with excellent team-building and interpersonal skills; work well with individuals at all levels.
4.80+
17+ Reviews
46+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
From the attached article: 1) Introduction - Describe the case. What happened? When did that happen? Who got involved? 2) Identify the link between the case and global market changes?...
-
Question (700 words) John Densmore, a law student and part-time musician, was seriously injured in a car accident. The other car's driver, Ray Manzarek, a renowned life motivation coach and a...
-
Explain how the structure of the balance sheet corresponds to the accounting equation.
-
A 15-year annuity pays $1,750 per month, and payments are made at the end of each month. If the interest rate is 12 percent compounded monthly for the first seven years, and 6 percent compounded...
-
Computing the Present Value of an Annuity The company will receive $1,600 every six months for eight years. The companys interest rate is 10% compounded semiannually. Compute the present value of...
-
Oil and residuals Exercise 53 on page 194 (Chapter 3) examined data on the depth of small defects in the Trans-Alaska Oil Pipeline. Researchers compared the results of measurements on 100 defects...
-
Multiple Choice Questions Select the best answer. Items 1 though 5 refer to Riverview City. 1. Riverview City received a gift of $1 million. The sum is to be maintained as an endowment, with income...
-
kennel corporation is making a $89,400 investment in equipment with a 5-year life. the company uses the straight-line method of depreciation and has a tax rate of 20 percent. The company's required...
-
Read at least three blogs or articles about trust and/or ethics from a reputable organization or other source. Choose an issue that interests you, and in four to five paragraphs, summarize key...
-
Read the Ideas in Action with Mary Barra of GM, and write a one- or two-paragraph response to each of the following questions: A. What points does Mary Barra make about the impact of competence in...
-
What is the major reason for having a cost-allocation base? lop2
-
Write a query that will return sales details of all customers and products. The query should return all customers, even customers without invoices and also all products, even those products that were...
-
Listed below are measured amounts of caffeine (mg per 12oz of drink) obtained in one can from each of 14 brands. Find the range, variance, and standard deviation for the given sample data. Include...
-
Early in 2025, Bonita Equipment sold 600 Rollomatics at $5,500 each. During 2025, Bonita spent $19,000 servicing the 2-year assurance warranties with inventory, cash, and payables that accompany the...
-
On December 1, Year 1, Wayne and Susan Li formed a corporation called French Broad Equipment Rentals. The new corporation was able to begin operations immediately by purchasing the assets and taking...
-
a street light is at the top of a 25 ft pole. A 5 ft girl walks along a straight path away from the pole with a speed of 3 ft/sec. At what rate is the tip of the shadow moving away from the light...
-
Two years ago, Firm OP bought a tract of land for $600,000, paying $50,000 down and borrowing the balance of the purchase price from a commercial lender. The land is the collateral for OPs debt. To...
-
Consider the sections of two circuits illustrated above. Select True or False for all statements.After connecting a and b to a battery, the voltage across R1 always equals the voltage across R2.Rcd...
-
Working in small groups, discuss your experience with giving gifts at work. Have you ever given or received a gift in a workplace? Who were the people involved, and what were the gifts? Discuss...
-
Assume the role of Pat Gibson, Catering Director for Write away Hotels. Youre expecting Carly Singleton, an event manager and important potential client from Atlanta, for a business meeting at 10...
-
Transform your rsum to an online version. Upload files, for example, relevant reports and presentations you have completed. Include links to companies and organizations with which you have been...
-
Palisade Creek Co. is a merchandising business that uses the perpetual inventory system. The account balances for Palisade Creek Co. as of May 1, 2019 (unless otherwise indicated), are as follows:...
-
1-When accounting for an acquisition, goodwill is the difference between what two things? 2- What factors should be considered when deciding whether an acquisition should be financed with cash or...
-
What is the main friction Fluidity aims to address? REAL STATE
Study smarter with the SolutionInn App