Did Amaranth engage in natural gas speculation? Did it engage in excessive speculation? What is excessive speculation?
What will be an ideal response?
Amaranth carried uncovered natural gas positions; so, by definition, it was speculating. Whether it engaged in "excessive speculation" is a matter of debate because the U.S. Congress never defined or clarified what it meant by "sudden or unreasonable fluctuations or unwarranted changes in prices." Even if Amaranth did speculate excessively, such speculation would not have violated any U.S. law. The CFTC was empowered by Congress to prevent excessive speculation. Therefore, the burden was placed on CFTC to implement regulations that prevented such activities and not on companies to stop from engaging in them.
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In the balanced scorecard methodology the ______________________________ component focuses on identifying how customers perceive the organization in terms of the value that it is creating for them
Fill in the blank(s) with correct word
Cash received from the borrowing on a note payable is classified in which section of the statement of cash flows?
A) Operating B) Investing C) Financing D) Noncash
Moral idealism refers to a personal moral philosophy that
A. follows the "Golden Rule," which is "You should treat others as you would like others to treat you." B. considers individual rights or duties as universal, regardless of the outcome. C. believes in "the greatest good for the greatest number." D. all human beings are basically good. E. believes that good will always triumph over evil.
What is knowledge management? Identify five benefits of knowledge management
What will be an ideal response?