Is the US government acting ethically towards detainees with regards Essay

Is the US government acting ethically towards detainees with regards to confinement, access to legal representation, torture methods - Essay Example But the ethical consideration in acting towards detainees with regards to confinement, access to legal representation, torture methods etc remain the most pertinent issues of the contemporary times in America. The widespread cases of in-house torture and in-human treatment of wartime prisoners and civilian detainees have brought to the fore the need for more effective measures of ethical paradigms and human rights. The Guantanamo torture of detainees and Abu Ghraib, unlawful detention of civilians and other such cases expose the human rights violations of American forces and homeland security. The aftermath of 9/11 has brought out ‘war on terrorism’ where torture of innocent has become a by-word for preemptive and preventive actions against future terrorist acts. The post 9/11 scenario has seen a marked paradigm shift in the outlook of the racial and religious background of the people and has especially been traumatic for persons of Moslem origin and Asians. The general motives of the terrorists in this country and abroad involve coercive tactics and unlawful intimidation of the government bodies to force the government to accede to their vested interest regarding political, ideological or religious demands. To safeguard people’s interests, new strategies and plans were required to be developed and enforced. US Patriotic Act was amended and renamed ‘USA Patriot and Terrorism Prevention Reauthorization Act’ (USPA). It was made more stringent and extra statutes included with wide ranging terrorists relating offences like deliberate and destructive activity against the state or its people resulting in loss of life or property, money laundering, surveillance and detention of people under suspect of terrorist activities etc. with capital punishment introduced. Jane Mayer asserts that ‘United States made terrible decisions in the pursuit of terrorists around the

CORPORATE FINANCE OVERVIEW Essay Example | Topics and Well Written Essays - 500 words

CORPORATE FINANCE OVERVIEW - Essay Example Even though the company has a secure stream of income from a long term contract, it still bears a default risk, albeit rather small. My estimation of the discount rate has to reflect all this information. It will be definitely higher than discount rate of government securities. d) This security has substantial default risk as the issuing company is a start-up without proven history of operations and no secure stream of income. Therefore, the discount rate will be higher than for the company with secured stream of income (from the previous question). 2. Capital Asset Pricing Model (CAPM) can be used to quickly estimate the expected rate of return on a certain security. In an essence, it provides the best guess market can provide for future return on a particular security in a simple but powerful way. It was estimated that nearly 3/4 of financial managers use CAPM to estimate the cost of capital (Brealey, Myers & Allen, 192). CAPM reflects two crucial points. First, investors require extra return for extra risk (as shown in risk premium component). Second, investors are concerned with the risk that they cannot eliminate by diversification (as shown in beta component). Therefore, when used to estimate expected return on a particular security, CAPM accounts for the overall additional risk premium historically required by investors for this type of security (risk premium) and for the systematic risk that this particular security adds to the diversified portfolio (security’s beta). 3. a) It is possible to estimate net present value of this project rather accurately. Buying new equipment for a factory line at Ford is a part of regular established operations of Ford. Therefore, the expected rate of return estimated for the Ford as a company is appropriate for this particular project. Since Ford is a mature company, with its stock having being traded for many years, its expected rate of return