Discuss the Banking Crisis Management Techniques of Pierpont Morgan

question 23

Essay

Discuss the banking crisis management techniques of Pierpont Morgan.Integrate Davis' (1963)thesis in identifying why Morgan,a private individual,was involved in bank management crisis.?Why did the Federal Reserve System initially adopt some form of his techniques?

Understand the purpose and requirements for different forms used in SEC filings.

Identify the roles and limitations of the SEC in establishing accounting principles.

Recognize the significance and impact of major federal securities laws.

Know the filing requirements and timing for various SEC forms.

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Definitions:

Creative Thinking

The ability to think in new and original ways, coming up with innovative solutions to problems.

Heuristics

A problem-solving approach using practical methods and shortcuts to produce solutions within a reasonable time frame.

Algorithms

Very specific, step-by-step procedures for solving certain types of problems.

Mnemonic Devices

Techniques a person can use to help them improve their ability to remember something.