The impact of the repeal of Glass-Steagall Act of 1933 in the context of the current financial crisis
The paper critically examines the impact of the repeal of the Glass-Steagall Act in the context of the current financial crisis. It analyses the pre-Glass-Steagall paradigm, the Glass-Steagall regime and post-repeal paradigm. It discusses the impact of the repeal in specific various forms in this background. It also assesses whether Glass-Steagall should be brought back in its original form, in doing so it offers an alternative approach to deal with the future global financial crisis and it also suggests new rules for the protection of the consumers to avoid moral hazard.
To What Extent Can the Global Financial Crisis 2007–09 Be Characterised as a Serious Crisis of Capitalism?
The endless pursuit of profit at the expense of rational thought was a cornerstone of the various causes of the Global Financial Crisis that erupted from 2007-2009. Following an examination of the historical development of capitalism into the dominant economic and political system we are accustomed to today, I highlight certain causes of the Global Financial Crisis which reflect a strong indictment of capitalism and the crisis that was allowed to unfold. These causes include an in depth examination of the unregulated role Collateralized Debt Obligations, Credit Default Swaps, the repeal of the Glass Steagall Act in 1932 as well as Credit Rating Agencies played prior to the calamity that was the Global Financial Crisis. Subsequent to a brief case study of the collapse of Lehman Brothers, I conclude that the Global Financial Crisis was indeed a crisis of capitalism and present the assertion that the crisis itself could have been avoided.
Study of External Parasites Infesting Carcharhinus Melanopterus Fish From The Red Sea In Jeddah, Saudi Arabia
Parasitic diseases are harmful and limiting factors in breeding and rearing ornamental fish industry, such as the Monogenea ( Dactylogyrus sp and Erpocotyletiburonis ) and copepod ( Pandarus sinuatus  and Anchistrotostangi ). The copepod and the monogenean are gill parasites found on the shark; CarcharhinusMelanopterus . The primary purpose of this study was to determine the parasitic infections of sharks in red sea in Jeddah. For this purpose, 19 female C. Melanopterus and 14 male C. Melanopterus were first examined for ectoparasites using wet mount under a light microscope. All male sharks had Monogenea and/or copepod in their gill and only 3 females haven’t infections. Then, we aimed to find a combination of copepod and monogenea infection in C. Melanopterus gills. 50% of male and 42% of female were infected by copepod and monogenea. Our findings revealed that the protozoan infections are very common among sharks. Although, no gross pathology was observed among infected shark, but it is likely that in case of any changes in the environment, then parasitic infections could be harmful.