Explain how the closer relations with Hitler Essay Example for Free

Explain how the closer relations with Hitler Essay Mussolini’s closer relations with Hitler certainly contributed to their defeat in the Second World War. It was because of Germany that Italy felt pressured to join the war in the first place. The scale of the German victories of the autumn of 1939 and the early summer of 1940 stimulated Mussolini’s greed. There was now the prospect of large rewards if Italy joined the war on Germany’s side. It appeared that the war would soon be won by Germany. It was, therefore, imperative to ‘assist’ Germany before the opportunity to gain economically and territorial gains from the war was lost. He feared being isolated in a German dominated Europe. Militarily, Germany was not a trustworthy ally. Mussolini pushed ahead with the ‘parallel war’ despite the fact that Germany was unlikely to co-operate with Italian desire for French colonies. Hitler was unwilling to hand France’s North African colonies to Italy, preferring to leave them and the French Med fleet under the puppet Vichy regime to ensure the latter’s permanent collaboration. Furthermore, Italy attacked Greece in 1940, interestingly in part because the Greek government was too friendly to Germany for Mussolinis liking. It could also be said that the German Italian Alliance contributed to the Italian’s failure in North Africa. Hitler’s priority became the Russian Front which involved drawing off German troops and supplies from North Africa. This sealed Italy’s fate. The German alliance had a poor economic effect on Italy as well. The regime had given little thought to the problem of large-scale armaments production during war time, with strategic materials, notably coal and iron ore, having to be imported from Germany and German occupied territories. Despite the pre-war policy of encouraging autarky, the Italian economy was far from self-sufficient in 1940. There was a 35% decrease in industrial production and a 25% reduction in agriculture as peasants were being conscripted. This led to a fall of 20% in Italian steel production between 1940 and 1942, with result that losses, particularly in tanks and aircraft, could not be replaced. As war began to go badly for the Axis, the Germans became increasingly reluctant to divert such scarce resources to their ineffectual Italian allies. This put further strain on the already over-stretched Italian economy. Furthermore, the German alliance only increased the disillusionment the Italian people felt towards the war. The German alliance had always been unpopular, illustrated by Grandi’s comment of July, 1943: â€Å"You believe that you have the devotion of the people†¦You lost it the day you tied Italy to Germany. † Elements within the Fascist Party, the army, the Vatican and the Royal Household began considering alternatives culminating in the July coup of 1943. On 8th September, 1943, Italy’s new government officially surrendered to the Allies. The Germans, however, occupied North Italy and delayed final victory for the next 18 months. To conclude, the German alliance was detrimental to Italy’s war effort and contributed greatly to their loss.

Evolution of the Glass Flight Deck

Evolution of the Glass Flight Deck The Australian Aviation had changed significantly since the late 1990s (Kain Webb, 2003). One of the major changes includes the introduction of the glass flight deck in Commercial Aviation. It has influenced the Australian Commercial Aviation significantly. This paper will analyse the transition from the standard flight instruments to the Glass Flight Deck. It will proactively discuss: The preliminary cockpits; the transition to the modern Glass Cockpit; and the modern Glass Flight Deck era. Overall, this paper argues that the Glass Flight Deck has brought in a massive change to the aviation industry. The initial phase of aviation was very undeveloped hence having few basic instruments (analogue) only. Cockpits in the distant past were generally comprised of limited instruments which provided basic information and had elementary controls only (Cockpit Design, 2012). There were inadequate controls and limited instruments in the cockpits, consequently increasing a pilots fatigue and pressure levels (Cockpit Design, 2012). Wiener and Nagel (1988) summarized that crew system designs and flight station layouts have frequently ignored the limitations and capabilities of the human operator. The key issue for any flight operations was the interaction of the flight crew with the flight deck (Analysis of pilots monitoring, 2001). It was difficult to correlate the data as the information provided was insufficient, hence resulted in crashes. Ideally, all the instruments on the panel should be large and visible for the pilots, as well as easy to be operated. Hence, evolving cockpits should be more feasible to use with digital instruments with large screens (Cockpit Design, 2012). For example, in lighter aircraft like Cessna, the pilot cannot rely completely on the instruments as it does not provide sufficient information. In addition, in poor weather conditions like rain and thunder storms, the aircraft cannot be flown as it is light weight and the instruments does not show the flight path. These days, the glass airplanes are mostly flown as it is more likely to find Instrument meteorological conditions (IMC) on a commercial flight path, hence analogue instrumentation is used less frequently (Ison, 2010). The proficiency of delivering all the information that a pilot might need, had been a challenge during the history of aviation. As the range of desired information has grown, so have the size and complexity of modern aircraft as well, thus expanding even further the need to inform the flight crew without overloading the cockpit (Tomblin, 2014). Therefore, several change s were incorporated into the modern flight decks, making it better comparatively. The idea of developing basic flight instruments into a modern technology based flight deck has remarkably influenced Commercial Aviation. However, massive increase in the demand for new flight instruments resulted negatively for what the designers expected (Tomblin, 2014). The newly emerging instruments that display the performance of aircraft resulted in high-stress levels for the pilots. For instance, missed signals, misinterpreted information, limited detection of issues and failing to recognise the right instrument (Weiner and Nagel, 1988). The cockpits evolved after World War II when analogue instruments were replaced with Glass Panel system (Cockpit Evolution, 2015). In short period, the cockpits of lighter aircraft started the transition to automated instrumentation (Analysis of pilots monitoring, 2001). The newly trained pilots are feeling the automated flight deck easier to learn. The newer technology enables pilots to use innovative modes such as auto pilots, cruise, settin g flight paths, collision warning system, weather updates, landing with the help of Instrument Landing Systems (ILS) that analogue instrumentation does not offer (Impact of Glass Cockpit, 2006). Advances in the new evolving flight deck has proved to have many advantages so that it will be helpful for the pilots, especially to the transportation industry. In addition to it, the safety concerns have been reduced (Impact of Glass Cockpit, 2006). The use of the analogue instrumentation is easy and simple for the upcoming pilots to use, but there are some issues which need to be resolved. Thus, the modern Glass Flight Deck concept developed and proved to be heading towards its success. The Glass Flight Deck concept which was recently originated, gives a pilot improved safety when compared to analogue, and are easier to handle as well. They are more automated, more accurate and the integration of the controls are better than in traditional analogue systems (The Glass Cockpit Advantage, 2012). Most pilots these days are trained on the new aircraft which has the Glass Flight Deck which makes flying effortless and comfortable to use (Newman, 2014). The Glass Flight Deck provides advanced features like Traffic Collision Awareness System (TCAS) which is a short collision alert system, Ground Proximity Warning System (GPWS) and updated information about weather (Glass cockpits in General Aviation, 2011). For instance, the new Boeing 787 Dreamliner is incorporated with the new automated Glass Panel, and has many innovative features that allows a pilot to enjoy their flying experience. In addition, it has proved that the airlines save money while maintaining the competitive ness with the 777 (Innovative 787 flight deck, 2012). The newly installed technology helps the pilot feel more comfortable in flying taking advantages of the innovative features installed in the deck (Innovative 787 flight deck, 2012). The modern automated instrumentation is not only easier to fly but also consolidates accurate information from many sources. For instance, the glass panel shows the flight path on an easily read map and many more features (Sweet, 2002). Other advantages of Glass Flight Deck are: The accuracy of an automated instrumentation is much higher when compared to the analogue, and are very easy to read (What are the advantages and disadvantages of analogue and digital instrumentation?, 2017). The Glass Flight Deck uses colour schemes which can assist in cautioning the crew if there is a threat (Cockpit Design, 2012). The core colours used in the cockpit are green (normal), amber (caution) and red (alert or emergency). The Flight Deck has controls which are eas y to reach and in a place where it is noticeable. (Cockpit Design, 2012). In Conclusion, this paper has methodically evaluated the transition of the flight deck into the modern world. The Aviation industry has evolved with increased trend in technology. It has proactively discussed the evolution into the Glass Flight Deck. It has conveyed the situation prior to the change, the period of change, and the influence of it after the change has occurred. Thus, it has proved that the Glass Flight Deck concept has made a significant change in Commercial Aviation. Reference List Analysis of pilots monitoring and performance. (2001). Retrieved March 23, 2017, from http://picma.org.uk/sites/default/files/Documents/Background/Boeing%20Academic%202001%20Pilot%20Automation%20monitoring.pdf Cockpit Design and Human Factors. (2012). Retrieved from March 19, 2017, from http://aviationknowledge.wikidot.com/aviation:cockpit-design-and-human-factors Cockpit Evolution from the beginning to present. (2015). Retrieved from march 15, 2017 from: https://firstaerosquadron.com/2015/09/23/cockpit-evolution-from-the-beginning-to-present/ Glass cockpits in General Aviation. (2011). Retrieved March 15, 2017, from http://aviationknowledge.wikidot.com/aviation:glass-cockpits-in-general-aviation Impact of Glass Cockpit Experience. (2006). Retrieved March 19, 2017, from http://commons.erau.edu/cgi/viewcontent.cgi?article=1501context=jaaer Innovative 787 flight deck. (2012). Retrieved March 27, 2017, from http://www.boeing.com/commercial/aeromagazine/articles/2012_q1/3/ Ison, D. (2010). Plane and Pilot. Retrieved from: http://www.planeandpilotmag.com/article/is-glass-safer/#.WNjDOsB942w Kain, J. Webb, R. (2003). Turbulent Times: Australian Airline Industry Issues 2003, Australian Parliamentary. Retrieved from: http://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/pubs/rp/rp0203/03RP10 Newman, D. (2014). Universities to Probe Glass vs Analogue Cockpits. Retrieved from: http://www.australianflying.com.au/news/universities-to-probe-glass-vs-analogue-cockpits Retrieved from: https://www.quora.com/Why-arent-there-still-analogue-instruments-in-airliner-cockpits Sweet, W. The glass cockpit flight deck automation. IEEE Spectrum, 32(9), 0018-9235. doi:10.1109/6.406460 The Glass Cockpit Advantage. (2012). Retrieved from March 13, 2017 from http://blog.covingtonaircraft.com/2012/11/14/the-glass-cockpit-advantage/ Tomblin, P. (2014). Why arent there still analogue instruments in airliner cockpits? Wiener, E.L., Nagel, D.C. (1988). Human Factors in Aviation. London, United Kingdom: Academic Press.

Comprehensive perspective of radical feminism

Comprehensive perspective of radical feminism In Rosemarie Putnam Tongs book, Feminist Thought: A More Comprehensive Introduction, she describes the perspective of radical feminism. By splitting radical feminism into two different parts, the radical-libertarian feminists and the radical-cultural feminists, Tong shows how two parties that have the same basic theory and goal can have significant differences. In the beginning of the chapter, Tong points out that a feminist must insist the sex/gender system is the fundamental cause of womens oppression (Tong, p. 46). This differs from the liberal view of feminism because the radical feminists want an entirely new system opposed to working with the system for change. Tong illustrates two very different methods for achieving a solution to womens oppression, the radical-libertarian and the radical-cultural feminists. The radical-libertarian feminists oppose the concept of femininity and all things including reproductive, mothering and sexual roles. They believed in an androgynous society which combines both masculine and feminine characteristics exemplified by society. This expressed radical feminists original desire to transcend the limits of the sex/gender system by daring women to be masculine as well as feminine (Tong, p. 47). The radical-cultural feminists differs from radical-libertarian because it rejects masculinity and encourages women to be more like women and emphasizes the values and virtues associated with women (Tong, p. 47). Both methods have conflicting ideas about sex, reproduction, and mothering. The radical-libertarians believe in all forms of sexual expression and freedom as long as pleasure is achieved for both parties. Any form of sexual restriction is looked at as cruel (Tong, p. 62). Pornography is looked at as a way to control sexuality (p. 68). On the other hand, the radical-cultural feminists see male sexuality as flawed (Tong, p.62). When looking at reproduction and mothering, radical-libertarian feminists look at reproduction as a weakness. They are also against biological motherhood and prefer reproduction to be done artificially. Radical-cultural feminists see reproduction as a womans source of power, hence men always trying to control it. The best choice is for women to be mothers on their own terms (Tong, p. 80-81). Planned Parenthood founder, Margaret Sanger was one of the cornerstone representatives of radical feminist movement of the twentieth century. In her book, Woman and the New Race, Sanger discusses birth control and womens rights to her own body. As she states clearly in the beginning of the section, no woman can call herself free who does not own and control her body. No woman can call herself free until she can choose consciously whether she will or will not be a mother (Sanger, 138). Sanger compares both man and woman and the effects of pregnancy on both of them. Though men do suffer from the consequences of the situation, Sanger feels women suffer much more. The woman is the one who has to face the physical difficulty of bearing and rearing the unwanted children (Sanger, p. 139). Like many liberal feminists, Sanger touches on the fact that a change needs to be made. Unlike other feminists though, Sanger took action. Regardless of what is right, the fact is that women will never gain freedom until women take it for themselves. Women should not accept but challenge as pointed out by Sanger. Instead of looking into the past like most of society would, look at what should be. Before it is a mans problem, it is a women and she should therefore be able to decide for herself (Sanger, p. 139). Birth control is womans problem. The quicker she accepts it as hers alone, the quicker will society respect motherhood (Sanger, p. 139). Sanger brings up an important fact about motherhood. No one can enjoy something they never really wanted in the first place. By giving women the right to choose, society is making it more likely for woman to be satisfied and enjoy motherhood. By just giving woman the choice is a satisfying enough step for Sanger. This relates to radical feminism in that as Tong stated earlier, Sanger wanted a completely new system of womens right to her own body rather than just fixing what society saw as acceptable (Sanger, p.139). Kate Milletts Theory of Sexual Politics relates to radical feminism by showing how thoroughly culture and society are dominated by men. The central thesis to this theory of sexual politics is that when one group rules another, the relationship between the two is political. When this is carried out over a long period of time it develops into a belief. She defined sex as a status category that contained political implications. Such areas in society like the military, industry, technology, universities, science, political office, finance, and police force are all powered by males (Millett, p. 219). Politics equals power and according to Millet, males dominate female and elder males dominate younger (Millett, p. 220). Millet also touches point on democracies, aristocracy, and patriarchy. In a democracy, females have not held office except in small areas. This differs from an aristocracy in that women are permitted to hold power and the elder male rule is not present either. In a patriarchy, men hold power over women, children, and most areas of society (Millett, p. 220). Milletts beliefs of sexual politics can be related to Tongs original theory of radical feminism. Millet wished to destroy the sex/gender system and create a new society where men and women are equal throughout society. Millett also believed in the idea of androgyny and that it was only valid if feminine and masculine qualities are worthy enough separately (Tong, p. 51). This androgynous person must combine the balance of the best masculine and feminine characteristics (Tong, p.53). Tong ends chapter two with a critique of radical feminism. This theory of women is shown to be fascinated by roles and stereotypes that ignore the flaws of women. It is also described as being a historical by social feminists. Radical Feminism is the root to womens oppression. Women realize their strength and power and want society to acknowledge that. Women are given few choices in a male dominated society. Sanger and Millett focus on the lack of choices when dealing with birth control and political power. Both want a change and an entirely new system.

Foreign Language Essay -- Language

Only 9% of the U.S. population is bilingual, and less than 8% of college students enroll in foreign language courses (Baron). The United States has not put enough emphasis on the importance of foreign language education. People are not aware of the price this country pays due to a lack of language professionals. Its national security and diplomacy are lagging behind. American companies are becoming less prevalent in the international economy. Americans are isolated from culture that thrives in their communities. However, the future generations can be salvaged from this weak state with foreign language education. The teaching of foreign language in American public schools will help shape a culturally-nourished nation ready to advance into international political, economic, and social affairs. The national security and diplomatic affairs in the United States has suffered and will continue to if foreign language education is not rectified and strengthened. Perhaps the most severe tragedy on American soil, 9/11, exposed the language-related weaknesses of the U.S. government and intelligence agencies. After 9/11, the intelligence community revealed that it was only 30% prepared in languages crucial to national security (Holt). Although the government, had 123,000 hours of Arabic language recordings following the attacks, there weren’t enough linguistic professionals to analyze the information (Holt). In 2006 the FBI reported that only 33 FBI employees had limited skills in Arabic (Holt). However, they weren’t even in departments in which their skills could be used towards counterterrorism (Holt). The breach in national security is widening when intelligence agencies can only offer agents with â€Å"limited† language skills. There are intel... ...gn-language-educ_b_127588.html>. Lowery, George. "Cornell Chronicle: U.S. Should Emphasize Foreign Language Education." Cornell Chronicle Online. 24 Oct. 2007. Web. 03 Jan. 2012. . Osborn, Terry A. The Future of Foreign Language Education in the United States. Westport, CT: Bergin & Garvey, 2002. Print. Pufahl, Ingrid, Nancy C. Rhodes, and Donna Christian. "CAL: Digests: What We Can Learn From Foreign Language Teaching In Other Countries." Center for Applied Linguistics. Sept. 2001. Web. 02 Jan. 2012. . Ramzy, Austin. "Get Ahead, Learn Mandarin - TIME." TIME World. Breaking News, Analysis, Politics, Blogs, News Photos, Video, Tech Reviews - TIME.com. 26 June 2006. Web. 02 Jan. 2012. .

whats up with him :: essays research papers

What Is Up With Him? This weekend i went to my friend's hose because we were going out to get some coffe. As i sat on her bed and waited for her in her room. The room is small, but it is the coolest room ever. She has pictures of her favorite bands up on the wall. the style of her room is a mixtue of modern with a rock star twist to it. The phone rang and she started to get nerves. From that moment on i knew her boyfriend was gonna come over to her house. Everytime she getes nerves she starts spit a lot and she starts playing with her hair. As I sat on her bed she started to get more nerves, and looked at me like if her boyfriend was gonna get jealous. She was so nerves she look like if her parents busted her with drugs. Finally the boyfriend arrived with his friend. In this light brown Nissan Sentra, the car looked like a recent model. When he got there, I thought this guy is gonna be pretty cool, but he was a idiot. he is such a idiot that he can not even part straight. This guy was the must im-mature person I have ever seen. Even his sixteen year old best friend thought he was a idiot. This guy made Mr. Bean look serious. When he got to my friend's house, he didn't even give her a kiss or a huge. One thing I have learned is that no matter how cool the firlfriend is, they alwayswant a little kiss. Unless they are on their period, but wait a minute, aren't they like that all the time. Twenty minutes past, and the guy kept on messing up and talking out of his ass. Everyone got tired of listening to his unless conversation, that we started to play with the dog. As I laid on the bed I heard his friend wisper to him, "Dude, let's go..." When I heard that I realized this guy was digging his own hole. My friend's boyfriend thought he was a pimp and a badass comedian. Also this guy was very homophobic because almost all the jokes he said were about homo's. The boyfriend wanted to sound cool, but my friend just lost interest in the boyfriend. When i saw her face it look like if someone just died.

The Afterlife of Frankenstein

The Frankenstein myth has produced over 2,600 pieces of derivative work and 100 films. Post-publication it was critiqued but not heavily. William Godwin, an old radical, was dedicatee on the anonymously published work and so association with him garnered rejections from conservative publications. There were questions over aspects of the novel reflecting preoccupations and values of the time. It was praised in some essays. All in kind showed some respect initially. Lawrence published his work and gained notoriety. Through being or fear of being associated with his work Mary Shelley revised her work n 1831 where se removed signs of his ideas. The first play appeared in 1823, Presumption, making three key changes from the novel: Frankenstein's religious remorse, the monster being mute and a comic servant called Fritz. It is a cautionary reading followed by The Demon of Switzerland. Before her own changes had been made, she had lost control over her own plot. Her edits were damage limitation. Conservative writers were interpreting it however they wanted knowing their readers agreed. She cut what The Quarterly wanted removed from Lawrence's work. The novel is the first in the mad-scientist genre. Victor has now become more corrupt. The creature is more sensationalised and dehumanised. Playwrights recognised problems in translating the play. The internal reasonings of Victor and the monster were cut. Walton's framing narrative couldn't be portrayed. The story became more visual. The monster became the star with more visual violence. There were also comic versions. The plays stay a lot truer to the original than most of the films. Silent films found it hard to translate the story onto screen. Thomas Edison's company created the first film version. James Whale arguably changed the story the most so far, basing his version on Peggy Webley's play. His monster supersedes all others. He introduces the image of Dr. Frankenstein, the Igor character, and the sensational creation scene which is rarely mentioned in the text. Victor is an arrogant grown man and not an unknowing youth. ‘Whale's sequel Bride of Frankenstein (1935), and later sequels Son of Frankenstein (1939), and Ghost of Frankenstein (1942) all continued the general theme of sensationalism, horror, and exaggeration, with the newly-dubbed Dr. Frankenstein and his parallels growing more and more sinister.' (Tourney) Later films became more diverted from the original meaning. He is a sexual pervert, a necrophiliac, opens up transsexual debate, bringing the focus back to the scientist, but not as the scientist of the original text. These films show us about its nature and how the populace views of science have evolved. How time changes our ideas and priorities to garner meaning from the text. Frankenstein has become a doting father in The Munsters, moved to television, become a household icon, As one of the famous Universal Monsters his recogniseable image has been transferred to all sorts of merchandise. He has appeared in comics and games and been referenced in music. The mad scientist trope has become familiar in science fiction. The name Frankenstein has spawned words, Frankensteinian and Franken- prefix can indicate something assembled out of parts or scientifically modified. He is a prominent figure at Halloween and other tropes such as creations falling out of one's control and rebirth through assembling parts are apparent in various mediums. Questions of Science are still resonant. How far should we go? This afterlife raises interesting questions over the nature of adaptation. In an age where most of us are exposed to images of the monster before ever reading the original text, how then does that affect our own interpretations of the myth? Questions arise over meaning through adaptation, but that is its nature. It is by definition of the Oxford English Dictionary ‘The action or process of adapting, fitting, or suiting one thing to another.' The medium has an effect on the message but so does the time period. Cinema is visual and the story has to be modified to suit this, but elements are also foregrounded or hyperbolised if they work well on screen. The adapter(s) interpret the original in a certain way and critics can also play a hand in this by influencing them also, emphasising certain ideas that the adapter may want to portray at the expense of others. My view is that a text's original meaning can never be fully understood and in an adaptation carries less importance because adaptations, like originals, are a reflection of their place in time. By reading a story we allow it to take shape within our minds, conceptualising it and instantly creating our own reproduction of it. Frankenstein means something different to everyone, all are reproductions. Criticism can alter that meaning and history can foreground certain ideas for it is always evolving. Interpretation is never static. We are the monster, he evolves with us. Adaptations are an amalgamation of views. A singular vision constructed through the collective consciousness, through the many people working on them, the critics that influenced them, society that imparte values onto them, the media and government that re-order their priorities. By its nature adaptation can never stay true to the original and that is a good thing. Were it even possible, would films be as interesting to us if it followed Shelley's text word for word and faithfully recreated all events? What is more interesting to us as students of literature is context. The context of a novel or a play or a film are the same, A text or interpretation gains meaning through where it lives historically.

Nova Scotia Ethic Assignment

Being short means that the firms sell more shares than are available in the new issue and the rim has some fire power in the after-market, meaning more liquidity. Mr.. Berry was earning millions of dollars for the bank in 2004, it was seeking outside legal opinions on the ramifications of renegotiating his contract to stop paying him so much. Cumming is willing to testify that senior executives at Scotia had divulged the bank's desire to catch Berry in â€Å"something like a securities violation so Scotia could use it against him,† to either severely reduce his compensation package or fire him.The bank claimed that Berry had hidden his behavior and that his education and training was such that e should have known his â€Å"misconduct breached fundamental terms of his employment with Scotia, and was just cause for his termination. † Colon (berry's lawyer) cited the passage in COMIC that exempts the distribution of any previously uninsured securities from being entered on the exchange. Williams responded by saying, â€Å"The advice we received from counsel-?†. Scotia lawyer interrupted, preventing Williams from finishing her sentence, explaining that what she was about to say was protected by solicitor-client privilege.But the fact that Williams, herself a lawyer, had sought a legal opinion on Berry's reads begged a crucial question: if the head of compliance didn't know whether or not what Berry was doing was improper, how could they expect him to understand? An industry that's almost entirely self-regulated, Berry's case raises questions about how this monitoring is carried out. The history of Citibank and David Berry The Bank of Nova Scotia, commonly referred to as Citibank, welcomed its first customers in Halifax, Nova Scotia in 1832. Citibank continued to expand its branches across Canada, into the U. S. ND overseas from the 1 9th century and onwards. In 1 999, Citibank's Corporate Banking business and Scotia Capital Markets were integra ted to form Scotia Capital. Citibank now serves to some 21 million customers in more than 55 countries across the world. One of the main factors for the growth and success of Citibank is that it fosters a committed team that lives their shared values and works together to provide customers with expert advice, insights and financial solutions . Citibank clearly puts great emphasis on hiring the best candidates suitable for their jobs. One individual who stood out the most was David Berry.Berry first worked at Ernst & Young after finding out that the firm loud pay for his MBA tuition if he committed to work for them for a few years. He had left Ernst & Young after receiving his MBA and chartered accountant license to join Scotia Capital in 1995. Berry Was presented the opportunity to work at Citibank through his father's friend, Gordon Cheeseburger, who was the chairman of Scotia Capital Markets at the time. Berry started out as a research associate and had later moved to the Sales an d Trading department In the span of two years, he made his way up the ladder to eventually dominate Scotia Capital's preferred desk.Berry became a to commodity as other banks wanted him to leave Citibank and join them, which led to Citibank offering Berry a direct-driven deal in which he kept a certain percentage of the profits he made for the bank. He was the only trader who received a direct-drive deal as all the other traders were compensated on an annual bonus. This direct-drive deal percentage was increased a few times as Citibank aimed to keep Berry at the bank. In 2003, it was stated that he had earned $15 million for himself , earning almost double of the CEO of Citibank.Through his performance he developed any privileges, and his domination of the industry made Berry extremely powerful. Shortly after his rise to success, he was dismissed from Citibank then known as Scotia Capital. What is the ethical case here? The ethical case here was that Citibank had fired Berry for sup posedly engaging In inappropriate trading practices, specifically, selling newly issued preferred shares to clients without printing the trades biblically on the stock exchange. However, Berry claimed that it was perfectly fine to refrain from printing the trades on the stock exchange. **There were two issues involving Cecilia Williams that we've mixed up. . Cecilia Williams questioned him about the trade regarding Balconied and Great West Life. She determined that he was wrong to do this and was going to forward the tapes to MRS.. But Berry had played the tapes to Scotia head of trading, Mark Evader, and he said that this was fine and that every trader (including him) did this. As Williams was getting ready to send the report to MRS., Berry was allowed to attach a narrative to the report explaining his actions. He told Williams that he was going to state that Evader said that what he did was common practice.Williams reacted in shock and said â€Å"What? Our dead trader does this? † After this, there was no talk of the tapes going to RSI. This had nothing to do with the preferred shares. 2. The second issue is in regards to the preferred shares and whether or not they should have been printed on the stock exchange. RSI did their routine trade audit of Scotia, and it was during this that they discovered the preferred shares issue. Celiac Williams wasn't sure if there practices were allowed, and Berry suggested getting opinion from another compliance expert Linda Frets who stated that he had done nothing wrong etc etc†¦. His is the main issue, and the reason he to fired for – not the Balconied and Great West Life trade. Http://www. Tortellini. Com/informer/random-situ if-informer/2008/06/01 / traders-revenge/4/ This had all started once Berry started to make millions for the firm and for himself, outpacing the earnings of top executives. Mr.. Berry had bought some shares in the Balconied mining company from a client and, in turn, sold the same client shares in Great West Life. Berry had not printed the trades on the exchange because the preferred shares were new issues (I. E. They were being offered to potential investors for the first time).Berry justified his actions because it was understood in the firm that new issues were exempt from being printed on the exchanged. However, his actions were wrong in the eyes of Cecilia Williams, the head of Scotia Capital's compliance department. Williams had discussed to Berry that she was going to send the tape communication between Berry and his client to the Market Regulation Services. The market regulation service had started its routine scheduled trade desk review at Citibank. Berry went on to get another opinion from his own counsel from a compliance expert, Linda Frets.Frets ad advised that because the new issue shares in question had been sold from Berry's inventory before being listed on an exchange, they did not constitute improper off-market transactions and thus were no t in violation of Universal Market Integrity Rules (EMIR). Even if they had been, Berry did not understand why Citibank hadn't alerted him to this issue long before now. He had never been secretive about how he operated. And, as far as Berry was concerned, there was no harm to his clients by trading this way. A few weeks later, Berry was asked to meet with Scotia Capital's deputy chairman along with head Of institutional equities.Berry was notified that he was being suspended for the time being because Citibank was undergoing its own investigation relating to the preferred shares issue. Mr.. Berry filed a SSL 00 million claim focusing on constructive and wrongful dismissal. In return, Citibank filed a counterclaim along with a statement of defense. Ethical Issue in the Case and ethical behavior practices transgressed: One of the issues raised in the case is professionalism. The Commission found a violation and failure of the firm's upper management to act in public interest in favor of their own. Mr..Berry was allowed to book trades which were entered on the liquidity of the preferred stocks. These trades made money for Scotia, and the more money he made for the bank the more capital he was allocated and the bigger the inventory he could carry and the more money he made as compensation. Even though this is not illegal, integrity of the capital markets was threatened by these actions. Also, the lack of supervision from the management has led to a conflict of interest. Their actions could have had serious and lasting effects on the integrity of capital markets and public trust resulting from a lack of supervision in Scotia Capital.What is the Ethical Issue? The main issue in this case was whether printing the trades of the newly issued preferred shares on the stock exchange constituted unethical trading practices. Furthermore, if the practices were not deemed a violation of JIM by compliance expert Frets (and unsure by Scotia own Cecilia Williams), did Citibank act ethically in still pursuing their own investigation and terminating his contract? An identification of the key people involved, and their positions in the company Below is a list of the key people involved: 1 Cecilia Williams (head of Scotia Capital's compliance department) 2.Linda Frets (External compliance expert) . Jim Mountain (Mr.. Berry's boss at Scotia Capital Brian Porter, Scotia Capital's deputy chairman 4. 5. Rick Hugh (Citibank CEO) 6. Marc Mannequin (Berry's assistant) David Wilson (then vice-chairman of the Bank of Nova Scotia, and chairman 7. And CEO of Scotia Capital) 8. Andrew Cumming, who, until 2002, was Berry's direct supervisor. Cumming swore an affidavit in support of Berry's lawsuit, claiming that he saw nothing wrong with how Berry was ticketing new issue shares. 9.Mark Evader, Scotia head of trading People who have suffered David Berry David suffered as he had been out of a job for a long time, and thus has offered financially and occupationally. Although he had received many job offers, they were all contingent on the outcome of the case. His reputation has been damaged as this stigma will always stick to him. Furthermore, his absence from the industry for a significant period of time may have damaged his efficiency as a trader as he would have lost many clients and relationships, as well as the power he previously possessed.If he were to return to the industry, it would be near impossible to continue where he left off. In addition, David has further suffered financially as he has had to spend money n funding his case against Scotia. Citibank It is reported that the preferred desk has suffered without him since he was dismissed. Scotia has also had to spend a lot of money in the case against Berry. David Berry's Clients David Beers clients have most likely suffered as well. If Berry, using his expertise was generating millions in income for himself, it's clear that his clients were earning great profits on their investments as well .Although his clients can find another advisor, it is not likely that they will find one with the expertise and skill of David Berry David Berry's Family His family has also suffered because he has not worked ever since the termination from Citibank. This must have cost the family as their standard of living must've lowered with the great loss in income. They were living very lavish lifestyles with Berry's income. List of ethical behavior practices that were transgressed 1. Professionalism a. Knowledge of the law d. Misconduct 2. Integrity of Capital Markets a.Material Nonpublic Information (not completely sure) 4. Duties to the Employers B. Additional Compensation Arrangements (Don't know if this fits) C. Responsibility of the Supervisor Description of Events, Penalties or Convictions that followed David Berry was terminated in June, 2005 from Citibank. He was alleged of committing security regulatory violations. He was accused of violating uniform market integrity rules. Berry wen t into a big legal battle to prove that he did not do anything wrong. Information was released to the media that higher management of Citibank were looking for opinions from alai. O,'errs to change Berry's contract and keep him from leaving for a competitor prior to his accusation and termination from Scotia Capital. Eight years, later all allegations against Berry were dismissed by the IIRC. David Berry has a $100 million class action law suit against his former employer for constructive and wrongful dismissal. What should have happened to prevent improper action, and Resulting changes in corporate practices: We believe that the issue was in the company incompetence to provide adequate and effective supervision programs, and procedures for the employees to abide.Lack of supervision from Jim Mountain, as a manager towards the employees, and poor corporate culture has resulted in a failure of employee's ethics. A stricter procedural rules and more effective management control should have been imposed and fulfilled. No changes to laws or regulations were performed. The circumstances Of his dismissal for allegedly breaching trading rules and the regulator's investigation of his conduct while working at Citibank. For good measure, the bank's statement added: â€Å"[Berry's] misconduct breached fundamental terms of his employment with Scotia and was just cause for termination.He violated the trust and responsibility that accompanied his poss. Zion. † http://business functionalist. Com/2013/02/after-allegations- against-former-top-Citibank-trader-dismissed-its-now-Mann-a-Mann/ IIRC had brought two sets of allegations against Mr.. Berry claiming that he violated uniform market integrity rules during the distribution of new securities. The panel noted that after obtaining commitments from clients to buy shares in a new issue, some of the sales went through syndication while others went through Mr..Berry's inventory account. Because no commission was charged on all of these new-issue sales, some clients knew that the shares didn't come from syndication. And what more the trade occurred when the expression of interest was made -? even though the trade confirmations didn't show the usual new issue trailer. Everyone concerned understood that they were trading a new issue,† noted the panel, adding that prior to Mr.. Berry being terminated â€Å"his employer had no written syndication process policies or procedures. † In each of the two prior years to Mr..Berry's dismissal, he had earned $15- million, when CEO Rick Hugh made an average of $8-million and few on the Street would dream of making as much. Mr.. Berry, who is currently suing Citibank for constructive and wrongful dismissal Documents obtained by the Financial post suggest that, about six months before his termination under the cloud of the now-dismissed allegations, the ann. was seeking outside legal opinions on the ramifications of renegotiating his contract to stop payi ng him so much. The documents also said Mr..Berry could be fired â€Å"in the event of any of a regulatory breach, trading losses, or a violation of the bank's code of conduct. † http:// business. functionalist. Com/2013/02/21/after-allegations-against-former-top Citibank-trader-dismissed-its-now-Mann-a-Mann/ http:// business. functionalist. Com/2013/01/1 5/IIRC-chaw urges-against-David-berry- dismissed/ However, things turned sour after Citibank created a new contract limiting compensation up to $1 0 million unless stated by management. Berry had not signed this new contract in April 2005.In May 2005, a regulatory precursor to the IIRC issued a warning letter to Mr.. Berry. By the end of June 2005, Berry had been terminated with his group having chalked up about $43-million in net income. One year later Mr.. Berry filed a $1 00-million claim alleging constructive and wrongful dismissal. In turn, the bank has filed a statement of defense and counterclaim. Was Citibank trying to save themselves to the possible illegal trading activity conducted by Mr.. Berry, or was it the top executives' jealousy the main driver for Berry's firing?